75946 results returned for search: "" category "Business"
Butterfield Bank Preferred shares fell $10 or 0.81 percent on the Bermuda Stock Exchange yesterday.
It was the only trade of the day as 15 of the shares changed hands, closing at $1,220,00.
Overall the BSX closed unchanged for the day at 1,068.81.
DATE: Oct 12, 2012
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CATEGORY:
Bermuda Stock Exchange
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This net charge, which equates to a pre-tax charge of $85 million, includes premiums, losses, commissions, brokerage and fees related to all agriculture business written in the company’s North American sub-segment, and also reverses any prior profit ...
DATE: Oct 12, 2012
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CATEGORY:
Reinsurance
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Each day this week, The Royal Gazette has profiled the companies that made the top five of The Bottom Line magazine’s 2012 Top 10 Employers in Bermuda survey, this year sponsored by professional services firm PwC.
Newcomers to the annual survey, avia...
DATE: Oct 12, 2012
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CATEGORY:
Local Business
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Bermuda’s banks intend to check on their account holders to identify “US persons” and supply their details to US tax authorities, in order to comply with tough new American regulations designed to catch tax dodgers.
The Bermuda Bankers’ Association y...
DATE: Oct 12, 2012
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CATEGORY:
Other
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Capital G Bank Limited yesterday announced 13 redundancies.
Twelve of the employees losing their jobs are Bermudians.
The bank said the layoffs were “as a result of the identification of recent operational efficiencies and the need to meet the skill ...
DATE: Oct 12, 2012
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CATEGORY:
Local Business
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Bermuda’s property and casualty re/insurers should be reporting strong third-quarter profits over the next few weeks after light catastrophe activity in the July through September period.
That is the view of analysts Keefe, Bruyette & Woods (KBW), wh...
DATE: Oct 12, 2012
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CATEGORY:
Reinsurance
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Last month’s launch of the Cisco Academy at the Bermuda College is being hailed as a “significant step forward in intellectual capital creation in Bermuda” by Information Services Minister, Michael Scott.
Courses first started in late September with...
DATE: Oct 12, 2012
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CATEGORY:
Other
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Investment management firm Nephila Capital has promoted a new partner to its management team.
Bermuda-based Nephila announced yesterday that David Oliveira, who has been with the firm since 2006, will join the existing eight partners from his current...
DATE: Oct 12, 2012
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CATEGORY:
Reinsurance
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Andrew Brimmer, a US economist and prominent advisor to the Bermuda Government, has died at the age of 86.
Dr Brimmer is widely recognised as the first black American to serve as a governor of the US Federal Reserve System.
In Bermuda, he is best kno...
DATE: Oct 11, 2012
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
Crisson’s jewellery store in St. George’s closed its doors yesterday citing lack of business in the Old Town.
One full-time employee lost their job.
Crisson’s general manager Susan Millar said it was “a very difficult decision”, however “sales were n...
DATE: Oct 11, 2012
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CATEGORY:
Local Business
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