75920 results returned for search: "" category "Business"
Bermuda won’t be getting a Park Hyatt any time soon, but the hotel company broke ground on a resort in St Kitts this week, that’s being financed through the Government’s St Kitts and Nevis’ Citizenship by Investment Programme.
The five-star luxury ho...
DATE: Jun 07, 2013
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CATEGORY:
International Business
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Stevedoring Services Ltd’s parent company has its first female chairman, Cheryl Hayward-Chew, effective today.
Polaris Holding Company Limited, the parent company of Stevedoring Services Limited as well as Equipment Sales & Rentals, Ltd; and Mill Re...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
The Bank of N.T. Butterfield & Son Limited has amended its buy-back programme for preference shares, according to a press release from the Bermuda Stock Exchange yesterday.
It stated that at a meeting of a committee of the board of the Bank it was re...
DATE: Jun 07, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
XL chief executive officer Michael McGavick will lead The Geneva Association into its fifth decade as its new chairman.
He was elected to the position at the annual general meeting of the insurer-funded think tank in London this morning.
The organis...
DATE: Jun 07, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Capital G Bank Ltd has hired senior banker Bob Wilson from competitor Butterfield as their chief banking officer.
The new executive will be overseeing a consolidation of Capital G business functions, including retail and commercial banking, wealth m...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Some 2,293 Butterfield shares traded on the Bermuda Stock Exchange yesterday, the bank’s stock closing unchanged at $1.40.
Ascendant Group saw 200 of its shares trade, closing unchanged as well at $11.70
The BSX ended the day unchanged at 1,156.54.
DATE: Jun 07, 2013
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CATEGORY:
Bermuda Stock Exchange
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Ratings agency AM Best has revised its outlook for Argus Group from negative to stable.
“We are pleased that AM Best has recognised the success of our two main operating units and holding company by revising the outlook to stable,” said Alison Hill, ...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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The technical issue that prevented the use of Capital G debit cards at international ATMs has now been resolved, the bank says.
“Customers are now able to request and receive cash withdrawals without the system error that previously resulted in custo...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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Retail sales volume fell for the fourth month as all sectors saw declines in April except for motor vehicles and food.
Total sales at stores fell 1.2 percent for the month as consumers spent an estimated $82.1 million on goods, the Department of Stat...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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Marsh is to acquire Dominican Republic-based Franco & Acra Tecniseguros, moving to become a leading broker and risk advisor in the Caribbean.
The company said yesterday it has reached a definitive agreement to acquire Franco & Acra Tecniseguros, the ...
DATE: Jun 07, 2013
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CATEGORY:
International Business
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