76398 results returned for search: "" category "Business"
Founder and former chief executive officer of Ascot Underwriting Limited Martin Reith has joined Securis Investment Partners as an advisory director.
AIG-backed Ascot was established in 2001 and grew to be one of the largest and top performing busine...
DATE: Jun 17, 2014
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CATEGORY:
International Business
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The Royal Gazette/Bermuda Stock Exchange declined in trading, finishing the week down 2.92 at 1,400.51.
Ascendant Group saw activity with 180,850 shares changing hands, closing up 0.25 cat 7.00.
BF&M was also active with 4,300 shares moving at 17.91,...
DATE: Jun 14, 2014
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
My current employer offers a regular 401(k) and a Roth 401(k). I’ve got several years before I retire, so which one should I choose?
Jennifer
Dear Jennifer,
Take the Roth!
If you put your money into a Roth 401(k), and by retirement age th...
DATE: Jun 14, 2014
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CATEGORY:
Other
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Clarien Bank Limited has named former US Consul General to Bermuda, Gregory Slayton, to its board as an independent director.
The bank said in a statement that his appointment is consistent with Clarien’s strategy for achieving international growth a...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Royal Gazette/Bermuda Stock Exchange rose 0.06 to close at 1,403.43 after a busy day of trading for the banking sector.
The Bank of NT Butterfield saw 80,231 stocks change hands at a steady 1.99, while Somers Limited closed up 0.01 at 14.26 after...
DATE: Jun 13, 2014
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CATEGORY:
Bermuda Stock Exchange
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A liquid balance sheet and high capital levels has garnered the Bermuda Commercial Bank affirmation of its Long- and Short-term Issuer Default Ratings (IDRs) of ‘BBB-/F3’ and a stable rating outlook from Fitch Ratings.
It came with some concerns and ...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
A new chapter in tourism begins next week as the Tourism Authority lays the foundation of a new approach to hospitality investment.
The Authority, an independent, non-government entity engaged to revive Bermuda tourism, is to be powered by four divis...
DATE: Jun 13, 2014
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CATEGORY:
Other
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A proposal to drag Belco power generation into the 21st century could eventually cost half a billion dollars, the company said in an interview yesterday.
It would include, in one of the first stages, an ambitious multiyear plan to begin mounting sola...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Royal Gazette/Bermuda Stock Exchange closed up 1.20 to 1,403.37.
Bank of NT Butterfield Ltd saw 74,929 stocks trade to finish at an unchanged 1.99, and Somers limited saw 600 shares move, closing at 14.25, also unchanged.
Some 100 BF&M shares cha...
DATE: Jun 12, 2014
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CATEGORY:
Bermuda Stock Exchange
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White Mountains Insurance Group, Ltd. is entering the $15-billion a year travel insurance market in a 50/50 joint venture with DavidShield for the development, marketing and distribution of travel insurance worldwide.
The product will be based on the...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor