153808 results returned for search: "" category "News"
Esther Bentley turned 105-years-old yesterday and is still going strong.
Family and friends attended the Packwood Rest Home to spend time with her and bid their birthday greetings, including her only daughter Earlene, who is visiting from London. Whe...
DATE: Mar 09, 2009
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Shadow Works Minister Patricia Gordon-Pamplin accused "mindless marionette" Derrick Burgess of swallowing up almost an entire Budget debate reading out a statement prepared by his civil servants.
Works and Engineering Minister Mr. Burgess spent two a...
DATE: Mar 09, 2009
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AUTHOR:
Tim Smith
Butterfield Bank saw its profits drop by more than $140 million over the past year, due mainly to write-downs and losses in investments.
The bank's net income was $4.8 million, or five cents per share, for 2008, compared to $146 million, or $1.53 per...
DATE: Mar 07, 2009
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February 2007: Butterfield Bank announced an annual profit of 146 million for 2007, up 8.9 percent on 2006.
April 2008: The bank reported first-quarter earnings of $36.3 million — an increase of 1.8 percent compared to the same period last year.
Augu...
DATE: Mar 07, 2009
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The Government backing that will allow Butterfield Bank to raise $200 million in extra capital does not amount to a bailout — after all, the bank made a profit last year.
That is the view of Butterfield's chief executive officer Alan Thompson, who to...
DATE: Mar 07, 2009
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AUTHOR:
Jonathan Kent
Capital G Bank revealed yesterday that it had received $20 million of new capital from its parent company to ensure the bank can withstand further economic turmoil.
The move came after extensive stress testing required by regulator the Bermuda Moneta...
DATE: Mar 07, 2009
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AUTHOR:
Jonathan Kent
Bermudians Against the Draft (BAD) have been given permission to take their fight against conscription to the Privy Council Bermuda's highest court of appeal.
Friday's ruling marks the next step in a process initiated by 14 reluctant conscripts to th...
DATE: Mar 07, 2009
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Bermuda's top financial regulator Matthew Elderfield yesterday said he did not believe deposit insurance was necessary in Bermuda at this time — but he has been involved in talks with Government to discuss it.
The Bermuda Monetary Authority chief exe...
DATE: Mar 07, 2009
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AUTHOR:
Jonathan Kent
A petition containing the signatures of more than 5,000 people who oppose the building of a beach bar on Warwick Long Bay was delivered to Premier Dr. Ewart Brown outside Parliament yesterday.
Protesters waving placards asked Dr. Brown and Environmen...
DATE: Mar 07, 2009
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AUTHOR:
Sam Strangeways
Government and Butterfield Bank have struck an historic deal that will bolster the bank's capital base by $200 million and allow it to withstand a severe economic downturn.
Finance Minister Paula Cox said yesterday the move was aimed at "preserving t...
DATE: Mar 07, 2009
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