75906 results returned for search: "" category "Business"
Senior Japanese bankers were in Bermuda yesterday as Butterfield Fulcrum Group (BFG) was officially rebranded Mitsubishi UFJ Fund Services.
It is the first time the Mitsubishi financial group has made a wholly owned acquisitions of a non-Japanese bus...
DATE: Oct 10, 2013
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Tower Group International’s shares fell again yesterday on concerns about the re/insurance company’s plans to take hundreds of millions of dollars in charges.
Shares fell more than 50 cents, a 13 percent decline, to $3.81 yesterday, a 52-week tradin...
DATE: Oct 10, 2013
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Professional services firm PwC saw global revenue rise by four percent in the fiscal year ended June 2013.
PwC reported record total gross revenues of $32.1 billion for the year.
All of PwC’s largest firms and each of its major service lines continue...
DATE: Oct 10, 2013
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Famed Wall Street analyst Meredith Whitney is reportedly launching a hedge fund called Kenbelle Capital LP.
Whitney, who built her own Wall Street advisory firm after gaining renown for a 2007 call on Citigroup Inc, deregistered her brokerage unit af...
DATE: Oct 10, 2013
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Some 157,200 Butterfield Bank shares traded on the Bermuda Stock Exchange yesterday.
The Bank’s shares closed unchanged at $1.39.
Argus Group shares fell 16.2 percent for the day, or 69 cents, to close at $3.56 as some 8,800 shares changed hands.
Asc...
DATE: Oct 10, 2013
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Bermuda Stock Exchange
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The Bank of N.T. Butterfield & Son Limited has announced that during the month of September 2013, they purchased 235,852 of their common shares at an average cost of $1.391 per share.
The bank also stated they did not purchase for cancellation any ei...
DATE: Oct 10, 2013
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The new corporate tax shelter is a “merger abroad”, the New York Times says in an article yesterday.
“Many companies that have recently moved their domicile for tax reasons have chosen European countries with low tax rates, like Ireland and the Nethe...
DATE: Oct 10, 2013
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The latest Planning applications registered between 9/26/2013 and 10/1/2013. Objections to applications must be received within 14 days of the date advertised (October 18, 2013).
City of Hamilton
Tuckers Court Trust P0303/13
13 Dundonald Street West,...
DATE: Oct 10, 2013
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Capital G has cut four jobs at the bank.
A bank spokesperson stated yesterday: “Capital G can confirm that it has recently made four positions redundant as part of its ongoing re-evaluation of its business in meeting its client needs and strategic ob...
DATE: Oct 10, 2013
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Local Business
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The value of goods imported to Bermuda grew in the second quarter. And residents accumulated foreign assets.
These are two highlights from Bermuda’s Balance of Payments & International Investment Position report for the second quarter of 2013.
The re...
DATE: Oct 09, 2013
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