49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange index fell 20.03 points or 0.76 percent yesterday to close at 2,610.26. A total of 16,114 shares worth $616,899 were traded.
The Bank of Bermuda fell $1 or 2.3 percent to close at $43.25 on volume of 9,684 whi...
DATE: Jan 30, 2002
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It has been a tough year for the Bank of Bermuda which reported fourth quarter earnings which included lower earnings per share due to poor markets around the world as well as litigation costs.
The bank reported fourth quarter diluted earnings per sh...
DATE: Jan 30, 2002
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The Bank of Bermuda's Global Fund Services division (GFS) has announced it will use US-based software provider, Advent Software's `Geneva', real-time global portfolio accounting system, and `Advent Partner', for partnership accounting, throughout its...
DATE: Jan 30, 2002
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If you believe the consultants, then what's called the information technology market is due for a rebound in mid-2002.
IDC, for one, forecasts that in 2002 spending on IT will increase four to six percent in the United States, six to seven percent in...
DATE: Jan 30, 2002
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Dr. Ellen Thrower knows a thing or two about risk. She has a PhD in risk management but she has also seen what risk is first hand as she both lives and works within a couple of blocks of the World Trade Center (WTC).
In the wake of September 11 Dr. T...
DATE: Jan 29, 2002
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The Bank of Butterfield yesterday released its second quarter results and reported record earnings for the first half of its current fiscal year.
The Bank reported first half earnings, through December 31, 2001, of $35.79 million. It said this amount...
DATE: Jan 29, 2002
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Bermuda's Max Re Capital Ltd. yesterday reported 166 percent growth in fourth quarter net income and profitable operating results for the year.
Net income for the three months ended December 31, 2001 was $10.1 million, or $0.26 per share, compared wi...
DATE: Jan 29, 2002
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Insurance executives are underscoring the need for tighter analysis and pricing of risk following the September 11 terrorist attacks.
This as insurance industry leaders cite underwriting skills as having fallen below par in the past decade. Insurance...
DATE: Jan 29, 2002
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Bermuda-based telecommunications giant Global Crossing has started bankruptcy proceedings in the Supreme Court of Bermuda and in the US.
In a bid to restructure, the fibre-optic carrier has also agreed to a $750 million takeover bid by two Asian comp...
DATE: Jan 29, 2002
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XL Capital Ltd. announced yesterday Mr. Brian O' Hara, president and chief executive officer of XL Capital Ltd, is scheduled to participate in the Salomon Smith Barney 5th Annual Financial Services Conference in New York tomorrow at 9.15 a.m. Bermuda...
DATE: Jan 28, 2002
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