49296 results returned for search: "" category ("Other" AND "Business")
1.62 percent to finish at 1,385.69 on a volume of 74,465 shares valued at $1.14 million.
Bank of Bermuda warrants fell 11 percent, or $1.25 in value, to close at $10., while Bank of Bermuda shares dropped 50 cents $29 on light volume.
Bank of Butterf...
DATE: Oct 12, 1998
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The Bank of Bermuda will begin offering a unique global banking service to corporate and high net worth clients this month. The new global banking service -- Bankline II -- has been built using middleware and PC banking solutions from UK-based Deluxe...
DATE: Oct 12, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
contempt of court. David Fox reports.
Facing possible arrest and imprisonment, a former Bermuda insurance executive quietly slipped into the Island this weekend, after being in the legal wilderness for several years.
Flying in from London was Mark Gr...
DATE: Oct 12, 1998
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Canada.
The shares of the company now constitute Canadian property for the purpose of Canadian tax and investment laws, allowing them to be held without restriction in various Canadian investment funds.
CEO Dr. Pierce Carson commented "We believe tha...
DATE: Oct 12, 1998
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to stave off competition in the local telephone market from Quantum Communications Ltd.
A Supreme Court judge has rejected BTC's request for a stay on a ministerial order requiring the company to connect its network with Quantum's, according to a Qua...
DATE: Oct 12, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
announcement.
Solar Enterprises is a real estate company with holdings in the Turks and Caicos Islands. In April, 1998 it declared a loss of $17,777 for the six months to end of Setember, 1997 and said it had assets of $648,238.
Its share last traded...
DATE: Oct 12, 1998
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Belvedere Insurance Co. Ltd. was placed in liquidation Friday at a hearing before the Supreme Court.
Malcolm Butterfield of KPMG Bermuda and Tony McMahon of KPMG London have been appointed joint provisional liquidators of the company. In July GTE Rei...
DATE: Oct 12, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Ltd., has established new operating entities in Australia and Hong Kong.
The new Melbourne operating company, R.E. Brown Pty. Ltd., will be run by managing director Peter F. Green, who joins R.E. Brown Pty. Ltd. after an extensive career in the Austr...
DATE: Oct 12, 1998
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A former senior executive vice president of Sedgwick Re, Jed E. Rhoads, has joined Bermuda-based Stockton Re as principal in the underwriting department.
He is the latest component of a re-tooling at the firm, as it gears up to exploit new trends in ...
DATE: Oct 12, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
change to its corporate structure -- setting up a holding entity to position the company for possible future acquisitions.
BTC deputy chairman Cummings Zuill said while no acquisitions are planned at the moment, the board saw the need for a holding c...
DATE: Oct 10, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
