77145 results returned for search: "" category "Business"
Bermuda National today posted a first-quarter profit of some $3 million on “strong operating performance” of its major subsidiary Bermuda Commercial Bank.
BNL, a financial services investment holding company, also announced that it was “currently in ...
DATE: Feb 28, 2013
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CATEGORY:
Local Business
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In ongoing legal action linked with convicted fraudster Bernard Madoff’s Ponzi scheme a writ has been issued against Bank of Bermuda (Cayman) Limited.
The bank is a wholly-owned subsidiary of HSBC Bank Bermuda Limited.
The legal action also names HSB...
DATE: Feb 28, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Are some people simply born to lead or can leadership be learned?
The answer lies somewhere in between believes Dr Mario Moussa, who has 20 years of experience working in the field of leadership development.
A key to finding your leadership potential...
DATE: Feb 28, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Argus Group fell 55 cents (14.86 percent) on the Bermuda Stock Exchange (BSX) yesterday, trading 1,300 shares to close at $3.15.
KeyTech also fell one cent (.17 percent), to close at $5.80.
Butterfield Bank jumped four cents (3.07 percent) to close a...
DATE: Feb 28, 2013
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CATEGORY:
Bermuda Stock Exchange
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If you didn’t manage to make it to the discount clothing store The New Outlet, you’ve missed your chance because the shop has closed.
Opening its doors in November, the Front Street retailer was never meant to stay around for long — just until the sh...
DATE: Feb 28, 2013
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CATEGORY:
Local Business
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Government’s Budget takes Bermuda “further into the hole we are trying to get ourselves out of”, the Bermuda Public Services Union (BPSU) charged yesterday.
Giving its analysis of the new Budget, the union said in a statement: “In its simplest form, ...
DATE: Feb 28, 2013
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CATEGORY:
Local Business
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Long-time boat sail specialists Ocean Sails have expanded their business with a new company specialising in marine electronics.
Ocean Electronics in St George’s is the exclusive Raymarine representative in Bermuda offering navigational and safety equ...
DATE: Feb 28, 2013
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CATEGORY:
Local Business
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A number of struggling Caribbean islands are selling citizenship to generate revenue, and it is a trend that appears likely to grow.
However, Bermuda would do better to model itself on ‘super powers’ such as the US, UK and Canada, and attract high-va...
DATE: Feb 28, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Shareholders of both US insurer Markel Corporation and Bermuda-based insurer and reinsurer Alterra Capital Holdings Limited have voted in favour of the $2.98 billion acquisition agreed to by the two boards.
The companies did not provide figures on th...
DATE: Feb 27, 2013
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CATEGORY:
International Business
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Profits fell but core earnings rose for Butterfield Bank in 2012, and that has allowed it to declare a four cent special dividend — the first payment on common shares since dividends were suspended four years ago.
The bank’s profit was $25.6 million...
DATE: Feb 27, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil