49296 results returned for search: "" category ("Other" AND "Business")
Any interest from foreign banks to set up in Bermuda may have waned due to difficult economic conditions, according to the Bermuda Monetary Authority.
BMA superintendent of banking, trusts and investment Munro Sutherland said that as the licensing au...
DATE: Jul 25, 2003
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First Atlantic Commerce (FAC) was thought up back during the heady days of the dot-com boom by Andrea Wilson while she was on maternity leave. Having worked at Bank of Butterfield and at IBL, she had seen a need for a way to provide Internet settleme...
DATE: Jul 25, 2003
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The Royal Gazette/Bermuda Stock Exchange index rose 38.66 points, or 1.57 percent, yesterday to close at 2,502.04.
The Bank of Bermuda climbed $1.25 to $36.75 on light volume of 100 shares. KeyTech Ltd. was unchanged at $10 as 3,018 shares traded han...
DATE: Jul 25, 2003
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A chart and news report in the business section of last Friday's Royal Gazette mistakenly listed Allied World Assurance Company (AWAC) and IPC Holdings as captive insurers domiciled in Ireland. The information was according to the Industrial Developm...
DATE: Jul 24, 2003
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There was no change on the Royal Gazette/Bermuda Stock Exchange index yesterday, with just over $30,000 worth of shares changing hands.
The bulk of shares to trade were BF&M which closed unchanged at $10.35.
The index closed at 2,463.38 on a volume o...
DATE: Jul 24, 2003
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Bank of Bermuda and multinational bank HSBC would not this week confirm or deny a claim made on Monday that the latter was in takeover talks with the Island's largest bank.
Although not denying the claim, Bank of Bermuda boss Henry Smith said it was ...
DATE: Jul 24, 2003
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this is the text of a press release from RenaissanceRe Holdings Ltd. on its results released last night. A new story will be published later today.
RenaissanceRe Reports Operating EPS of $1.75 Per Common Share for 2003 Second Quarter Compared to $1.3...
DATE: Jul 23, 2003
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The new head of Bermuda International Business Association has said she will try to speak to disenfranchised Bermudians who see nothing in international business for them.
Deborah Middleton, who started her job on Monday as the chief executive office...
DATE: Jul 23, 2003
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The Royal Gazette/Bermuda Stock Exchange yesterday saw no change to its index which remained at 2,463.38 points.
The only BSX listed company to see any action was the Bank of N.T. Butterfield which saw 4,300 shares trade but no change to its stock pr...
DATE: Jul 23, 2003
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Bermuda-based reinsurer Everest Re Group Ltd. announced their quarterly profit more than doubled, helped by higher premium rates and a small one-time gain from selling investments.
Everest Group, a Bermuda holding company for property and casualty in...
DATE: Jul 23, 2003
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