49296 results returned for search: "" category ("Other" AND "Business")
Bank of Butterfield shares continued to edge up, pushing up The Royal Gazette/Bermuda Stock Exchange Index by four points to a new all time high.
Bank of Buttefield shares gained a new all-time high of $42, up 25 cents on the day before. Bermuda Comm...
DATE: Dec 19, 2003
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Of the top 50 shareholdings in Bank of Bermuda, 77.6 percent are held by trusts, deposit companies or banks on behalf of individuals, making it almost impossible to work out how a vote in February will swing.
According to the share register, out of t...
DATE: Dec 19, 2003
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Creditors of the KWELM companies will next month be asked to vote on ending the runoff of the five collapsed London market insurers ahead of schedule, Business insurance has reported.
Chris Hughes and Ian Bond, the administrators of the KWELM plan, s...
DATE: Dec 19, 2003
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Bermuda-registered satellite company Intelsat Ltd. has been given another six months by the US government to hold an initial public offering of its stock that could raise $1 billion.
The Washington Times reported yesterday that it is the second time ...
DATE: Dec 19, 2003
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What has happened so far in the HSBC bid to take over the Bank of Bermuda :
@EDITRULE:
? Summer, 2003. Rumours begin to circulate about the possibility of the Bank of Bermuda, the Island?s largest financial institution, negotiating its sale to multin...
DATE: Dec 19, 2003
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LONDON (Bloomberg) ? Benfield Group Ltd. employees, including some directors, sold shares in the UK reinsurance broker worth about ?24 million ($42.4 million).
The sale comes as a six-month lock-up on the stock following Benfield's initial public off...
DATE: Dec 19, 2003
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It is impossible to find out who actually owns Bank of Bermuda as more than half of the share owners are hidden behind trust companies, banks, deposit companies or stockbrokers.
In a trawl through the bank?s list of shareholders, the single largest s...
DATE: Dec 19, 2003
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Bank of Bermuda?s chief executive officer believes that printing lists of shareholders and details of who owns what at the bank is ?very distasteful?.
In an interview last month, Henry Smith, who has 336,666 shares in the bank (including options that...
DATE: Dec 19, 2003
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NEW YORK (Bloomberg) ? CNA Financial Corp. has settled accusations against five former executives who left to join rival Bermuda start-up Quanta Capital Holdings Ltd.
CNA claimed the executives stole trade secrets, breached confidentiality agreements...
DATE: Dec 19, 2003
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NAME SHARES VALUE
Cede & Co (Depository Trust Co) 12,615,144 $567,681,480
Harcourt Trust 757,186* $34,073,370
Meiklefield Ltd. & David Gutteridge 720,757* $32,434,065
Gutteridge Family Trust
Bermuda Life Insurance Co. Ltd. 510,676 $22,980...
DATE: Dec 19, 2003
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