49296 results returned for search: "" category ("Other" AND "Business")
Appleby has appointed Rory Gorman as managing director of Appleby Services (Bermuda) Ltd.
Mr. Gorman joins the law firm having previously worked as head of office and managing director of Marsh Management Services (Bermuda) Ltd., and most recently as...
DATE: Mar 10, 2009
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Businessman and former Premier Sir John Swan approves of the capital-raising deal between Butterfield Bank and Government - so much so that he intends to invest in it.
Sir John yesterday said the $200 million of preferred stock being sold by Butterfi...
DATE: Mar 10, 2009
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AUTHOR:
Jonathan Kent
Butterfield Bank fell 10.3 percent (75 cents) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, sinking to its lowest level since January 2003.
The bank, which has seen its share price drop by 37.8 percent for the year to date, close...
DATE: Mar 10, 2009
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HAMILTON, Bermuda (AP) - Legislators in Bermuda have nearly doubled the government's borrowing limit to $1 billion to protect the island from the global economic crisis.
Finance Minister Paula Cox says the new law also created a $250 million financia...
DATE: Mar 09, 2009
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Bermuda-based insurer Max Capital plans to expand its European operation, using its existing Dublin office as a springboard and creating a number of new jobs there, according to Irish newspaper The Sunday Business Post.
The paper said that company, w...
DATE: Mar 09, 2009
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Bermuda's newly-redesigned bank notes are set to hit the streets today, with the new notes available in all of the banks' branches Island-wide.
The Bank of Bermuda, Bermuda Commercial Bank, Butterfield Bank, Capital G and First Bermuda Savings and Lo...
DATE: Mar 09, 2009
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Bermuda is expected to be on British Prime Minister Gordon Brown's blacklist of harmful tax havens set to be unveiled before the London G20 meeting next month, according to UK Sunday newspaper, The Observer.
The paper said the list is expected to inc...
DATE: Mar 09, 2009
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LONDON (Reuters) - Britain will get a stake of up to 77 percent in Lloyds Banking Group after agreeing a deal to underwrite £260 billion ($370 billion) of risky assets, the struggling bank said on Saturday.
Lloyds said it would give the government £1...
DATE: Mar 09, 2009
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NEW YORK (Reuters) - With stocks mired in multi-year lows and the fate of General Motors (GM) and banks hanging in the balance, investors are unlikely to curb their flight from risk this week, putting Wall Street on track for another brutal sell-off....
DATE: Mar 09, 2009
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Bermuda-based Dockwise Ltd. saw its revenue rise 57.4 percent over the past year, while it recovered from a $75.8 million loss in 2007 to post a $47 million profit for 2008.
The company's revenue climbed from $290.1 million two years ago to $456.6 mi...
DATE: Mar 09, 2009
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