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Butterfield Bank shares pulled back for a second day from a four-year high stock price to close on $2.
The bank fell three cents, or 1.5 percent, in Bermuda Stock Exchange trading, as 57,000 shares changed hands.
Butterfield was the only domestic-boa...
DATE: Mar 11, 2014
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank’s continuing surge drove The Royal Gazette/Bermuda Stock Exchange Index higher last week.
The bank closed on Friday, having risen by six cents, or three percent, to close on Friday at $2.05, the first time in four years that its shar...
DATE: Mar 10, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda will remain at the forefront of the burgeoning convergence between the reinsurance and asset management industries, because it has an exceptional mix of expertise in both areas.
That is the view of Craig Redcliffe, partner and insurance leade...
DATE: Mar 10, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Bermuda Monetary Authority (the Authority) confirmed has confirmed that it has signed a Memorandum of Understanding (MoU) with Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), in relation to the European Union’s...
DATE: Mar 10, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Dear Dave,
How do you feel about gambling at a casino, as long as you limit your spending and don’t expect to win big money?
Brian
Dear Brian,
I don’t really have a moral problem with it, but I don’t understand the concept. Call me crazy, but I do n...
DATE: Mar 08, 2014
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CATEGORY:
Personal Finance
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Belco could slash its electricity charges by around 15 percent if plans to convert its systems to burn liquefied natural gas (LNG) instead of diesel fuel come to fruition.
Walter Higgins, CEO of Belco’s parent company Ascendant Group, told The Royal ...
DATE: Mar 07, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Conyers Dill & Pearman was recently named Offshore Law Firm of the Year at both the IFLR Asia Awards and the China Business Law Awards.
In addition to taking home one of IFLR Asia’s top honours, Conyers was also recognised for its involvement in the ...
DATE: Mar 07, 2014
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CATEGORY:
Other
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Live television from the United Kingdom is now in Bermuda — straight from your internet connection.
This new technology evolved because of the looming spectre of the loss of UK television in the British retirement hubs of Europe. It resulted in a sma...
DATE: Mar 07, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Butterfield Bank saw heavy trading activity on the Bermuda Stock Exchange yesterday — but its share price remained rooted on $1.99.
More than 153,000 of the bank’s shares changed hands. Two of Butterfield’s eight percent preference shares also traded...
DATE: Mar 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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The all-Bermudian staff of DeFontes Broadcasting have been assured that their jobs are safe, following a change of management at the company.
Spencer Conway, a 31-year-old Bermudian entrepreneur, has taken over as interim CEO from longtime boss Kenny...
DATE: Mar 07, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
