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The Royal Gazette/Bermuda Stock Exchange Index yesterday lost 15.01 points to close at 3,292.59.
Investors of Butterfield Bank pushed the share price down 30 cents to $41.20 after trading 4,200 shares.
Bermuda Commercial Bank Ltd. saw its share price...
DATE: Mar 29, 2005
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American International Group Inc., the insurer under investigation for potential accounting irregularities, used private, offshore companies for six times more reinsurance than any of its nine biggest US competitors, state regulatory filings from 200...
DATE: Mar 29, 2005
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Well-known AIG Bermuda executive Michael Murphy was fired on Sunday for refusing to cooperate with US government and regulatory investigations, the company confirmed yesterday.
CEO of AIG's Bermuda operation, American International Company (AICo), Ge...
DATE: Mar 29, 2005
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NEW YORK (Bloomberg) ? American International Group Inc.'s Maurice "Hank" Greenberg will relinquish ties to the world's largest insurer after more than 40 years, resigning as chairman amid expanding probes of potential accounting irregularities.
Gree...
DATE: Mar 29, 2005
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Dave Brining, one of the founders of Max Re Capital Ltd. is to retire on April 1.
Mr. Brining, the company?s executive vice president for marketing and client services is retiring in order to pursue personal interests. Before taking up his current po...
DATE: Mar 28, 2005
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MOSCOW (Reuters) ? Russian Telecoms Minister Leonid Reiman faced questions last week over whether he was behind an escalating dispute over the ownership of a strategic stake in MegaFon, the country?s third-largest mobile phone firm.
LV Finance, the f...
DATE: Mar 28, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell last week as heavy trading in Butterfield Bank shares on Thursday dominated.
The Index fell 40.21 points or 1.22 percent to close at 3,307.60 on volume of 26,146 shares worth $1,092,257.
Most of the...
DATE: Mar 28, 2005
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Law firm Conyers Dill & Pearman (CD&P) last week announced the appointment of Christopher Garrod, Peter Pearman and Kevin Butler as partners effective from April 1.
Peter Pearman joined the firm as an associate in the Trust & Private Client Departmen...
DATE: Mar 28, 2005
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Bermuda-based technology security company QuoVadis says its root certificates are now enabled across the Internet.
This as the company announced the certificates are now to be globally distributed in FireFox and Thunderbird, the popular web browser a...
DATE: Mar 28, 2005
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The Royal Gazette/Bermuda Stock Exchange Index closed down 22.62 points to close at 3,307.60 on Thursday in heavy trading of Butterfield Bank shares.
Butterfield closed down 50 cents or 1.2 percent to close at $41.50 on volume of 25,306 shares.
The o...
DATE: Mar 26, 2005
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