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After a fairly quiet week, Bank of Bermuda stocks gained $1.15 to close at $49.65.
The only other shares to trade were BF&M ordinary shares, which closed unchanged at $8.
The Royal Gazette/BSX index rose 33.4 points or 1.41 percent to finish the day ...
DATE: Mar 02, 2001
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Executive Officer, The Royal Gazette can reveal.
The present head, Calum Johnston, has not handed in his notice at Bermuda's second largest bank, but could leave sooner than expected if a suitable replacement is found before his term is up.
Mr. Johns...
DATE: Mar 02, 2001
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is to distribute more than $4 million in underwriting profits to 939 customers.
ABPFIC is a mutual reinsurance company for the American Bankers Association sponsored insurance programme.
The customers receiving this dividend will be banks that are me...
DATE: Mar 02, 2001
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DATE: Mar 02, 2001
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comfortable with Wall Street consensus estimates for higher second-quarter and full-year earnings, Chief Executive L. Dennis Kozlowski said on Wednesday.
Analysts' consensus estimates are 61 cents per share for the second quarter and $2.75 for the fu...
DATE: Mar 02, 2001
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Frustration over lack of phone service drove Warwick businessman Richard Powell to hijack a Bermuda Telephone Company truck yesterday.
Mr. Powell held up the truck with his forklift and ordered BTC workers to connected his phone lines or face leaving...
DATE: Mar 02, 2001
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A Bermuda-based company is at the centre of a British passenger train crash which left at least 13 dead and more than 70 injured.
Sea Containers, a Bermuda registered company, owns Great North Eastern Railways (GNER) which was the train operator and ...
DATE: Mar 01, 2001
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industrial action at John F Kennedy Airport in New York yesterday.
The slow-down by mechanics caused the airline to pull the scheduled flight to the Island last night, meaning there is no aircraft to fly back to New York this morning.
Around 120 peop...
DATE: Mar 01, 2001
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The Bank of Bermuda is expected to be named today in a United States Senate staff report which is looking into money laundering, according to the chief report investigator.
Rob Roach, counsel and chief investigator of the report called: "Corresponden...
DATE: Mar 01, 2001
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given the highest rating by one of the top US ratings agencies.
Standard & Poor's gave its highest money market rating of triple Am to the LOM Money Market Fund Ltd., Class AI.
Standard & Poors said the rating is based on their analysis of the fund's...
DATE: Feb 28, 2001
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