49296 results returned for search: "" category ("Other" AND "Business")
After 114 years of staunch Bermudian independence, Bank of Bermuda had been taken over by HSBC - a global banking giant.
The road from the bank's founding in 1889 to yesterday's sale has been a long and explosive one.
Bank of Bermuda started with jus...
DATE: Oct 29, 2003
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The Royal Gazette/Bermuda Stock Exchange Index yesterday gained 87.55 points to close at 2,741.67.
Bank of Bermuda saw 500 of its shares change hands although investors did not react to the news yesterday that the bank could be taken over by multinat...
DATE: Oct 29, 2003
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Finance Minister Eugene Cox yesterday cited HSBC's bid to take over the Bank of Bermuda as just the boost the Island's banking sector needs.
The $1.3 billion cash deal from HSBC for the Bank of Bermuda, subject to regulatory and shareholder approval,...
DATE: Oct 29, 2003
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The Bank of Bermuda's takeover by multinational bank HSBC will result an unspecified number of job losses, said president and CEO Henry Smith, yesterday.
In joint press conference with HSBC to announce the $1.3 billion deal yesterday morning, Mr. Smi...
DATE: Oct 29, 2003
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Q: I bought a Dell XPS B733r computer five years ago but I have only used it occasionally ever since.
My son-in-law will be staying with us over Christmas for several weeks while he works on his doctoral dissertation, I know my computer works okay bu...
DATE: Oct 29, 2003
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Management at competitor banks yesterday cited HSBC's takeover of the Bank of Bermuda as a thumbs up for the Island's international stature as a business jurisdiction, while former top officials of the bank called the development "sad".
Bank of Bermu...
DATE: Oct 29, 2003
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The European Commission, that oft maligned administrative arm of the European Union, has published a handy guide for computer system administrators who are considering whether to migrate operations to open source software (OSS).
The guidelines are me...
DATE: Oct 29, 2003
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The Bank of Bermuda has accepted an offer from HSBC Holdings Plc, the world's second- largest bank by market value, to be bought for $1.3 billion in cash.
Bank of Bermuda shareholders will receive $45 per share, 16 percent more than the average clos...
DATE: Oct 28, 2003
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Consumers are set to have their personal details protected from misuse for the first time in Bermuda with a proposed new law.
In yesterday's The Royal Gazette, a consultation document was published asking for feedback on the proposed Data Protection ...
DATE: Oct 28, 2003
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Cable & Wireless technicians flew home Saturday but not before a thanks from the Bermuda Telephone Company.
The C&W workers were brought in to assist BTC with their Hurricane Fabian recovery efforts. On Friday, BTC CEO and president Francis Mussenden...
DATE: Oct 28, 2003
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