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The Bermuda Stock Exchange closed unchanged yesterday at 1,157.53.
Butterfield Bank shares were the day’s only trade.
Some 2,520 Butterfield shares traded, closing unchanged at $1.39.
DATE: Oct 11, 2013
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Bermuda Stock Exchange
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The pace of recovery in the US is slower than predicted, experts yesterday said at a conference focusing on the ailing giant’s economy.
Kathleen Stephansen, chief economist and senior managing director at AIG Asset Management, as well as a board memb...
DATE: Oct 11, 2013
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Other
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Bermuda Paint is offering women a 20 percent discount through the end of the month.
The promotion is to mark the “Paint the Town Pink” campaign for Breast Cancer Awareness Month — and also to celebrate Bermuda’s women in general.
The company is also ...
DATE: Oct 11, 2013
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CATEGORY:
Other
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Zurich was the site of a joint workshop on the issues surrounding the impacts of winter storms in Europe, held between the Risk Prediction Initiative (RPI) of the Bermuda Institute of Ocean Sciences (BIOS) and the risk modelling company RMS.
A BIOS s...
DATE: Oct 11, 2013
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Other
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Will McCallum is the new managing director at KPMG in Bermuda, the audit, tax and advisory services organisation has announced.
Mr McCallum joined the KPMG in Bermuda tax team in 1999. Hespecializes in providing US tax services to entities in the fin...
DATE: Oct 11, 2013
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CATEGORY:
Local Business
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In the court districts of many major cities there will be a pub or gathering place called ‘The Wig and Pen’ — a testament to the long-standing and close relationship between the members of the legal profession and the men and women of the press.
Man...
DATE: Oct 11, 2013
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Other
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Bermuda has escaped being put on a 44-strong list of tax havens targeted by the government of Colombia.
Competitors the Cayman Islands, the British Virgin Islands, Jersey, the Isle of Man and the Bahamas are all on the list.
Now the government of Col...
DATE: Oct 10, 2013
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CATEGORY:
Other
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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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CATEGORY:
Other
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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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CATEGORY:
Other
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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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CATEGORY:
Other
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