49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange was yesterday pushed up nearly 17 points after Bank of Butterfield and KeyTech each gained 50 cents.
Bank of Butterfield's share price has been yo-yoing since HSBC made an offer for their rival, Bank of Bermud...
DATE: Nov 13, 2003
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Bermuda Commercial Bank's profits in real terms have risen by nearly 30 percent during the last year to $2.6 million, despite a challenging environment for banks around the world.
And the bank, which has its offices on Victoria Street, has seen custo...
DATE: Nov 13, 2003
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Finance Asia magazine's managing editor Jame DiBiasio last week wrote about what HSBC's acquisition of the Bank of Bermuda could mean for the fund administration business in Asia. In the column, Mr. DiBiasio looks at how the Bank of Bermuda has had a...
DATE: Nov 13, 2003
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Local retail staff lack knowledge about the products they sell and are failing to meet customer expectations, according to the 2003 Consumer Satisfaction and Knowledge Survey.
Staff training needs to be considered, said Community Affairs Minister Dal...
DATE: Nov 13, 2003
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Bermuda?s economy was not been devastated by Hurricane Fabian ? and is still on track with moderate growth expected for the next year, said Finance Minister Eugene Cox.
Despite the huge cost of Hurricane Fabian, a forecast drop in visitor numbers and...
DATE: Nov 10, 2003
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1985
ACE Ltd. and its Bermuda insurance subsidiary are incorporated in the Cayman Islands and establish headquarters in Hamilton, Bermuda. ACE Bermuda writes its first official insurance policy.
1986
ACE opens its first office in Hamilton, Bermuda wi...
DATE: Nov 07, 2003
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Tyco International Group S.A., a unit of Tyco International Ltd., the world's biggest maker of alarms, is planning a private sale of $1 billion of 10-year notes as soon as today, rating company Standard & Poor's said in a report.
Proceeds will be use...
DATE: Nov 07, 2003
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The Royal Gazette/Bermuda Stock Exchange Index yesterday closed at 2,762.01, a rise of 7.28 points or 0.26 percent on a share volume of 3,161.
Bank of Butterfield shares rose 20 cents to close at $38, while KeyTech stock climbed 25 cents to $10.
DATE: Nov 07, 2003
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1986
EXEL Ltd. incorporated in the Cayman Islands by a group of 68 Fortune 500 companies
XL Insurance (Bermuda) Ltd. (formerly X.L. Insurance Co. Ltd.) was incorporated in Barbados with gross written premiums exceeding $206 million
1990
EXEL Limited ...
DATE: Nov 07, 2003
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Scor SA, France's biggest reinsurer, plans to raise 600 million euros ($687 million) selling shares to existing investors after scrapping a plan to shed part of its life reinsurance unit. The stock fell 23 percent.
In the meantime, talks are continui...
DATE: Nov 07, 2003
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