49296 results returned for search: "" category ("Other" AND "Business")
All of the Island’s Shell service stations are being rebranded as RUBiS.
The RUBiS Group purchased Shell’s assets in Bermuda in September 2006 and renamed the company RUBiS Energy Bermuda. At the time of the sale, RUBiS and Shell signed a trade mark...
DATE: Aug 02, 2011
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HSBC Bank Bermuda has not confirmed whether its workforce will be trimmed as part of the 30,000 global jobs cuts planned over the next three years by its parent company HSBC Holdings plc.
HSBC Holdings plc, which yesterday reported a three percent in...
DATE: Aug 02, 2011
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NEW YORK (Bloomberg) Transatlantic Holdings Inc. accused Validus Holdings Ltd., the reinsurer trying to take it over, of attempting to mislead Transatlantic stockholders into tendering their shares in violation of securities law.
In a lawsuit filed t...
DATE: Jul 28, 2011
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Net income: $607 million compared to $677 million in 2010
92.6 percent compared to 89.7 percent in 2010
Combined ratio:
$5.4 billion compared to $5.2 billion in 2010
Gross premiums written:
DATE: Jul 27, 2011
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Net income: $41.1 million compared to $58.6 million in 2010 ----
Combined ratio: 101.9 percent compared to 91 percent in 2010 ----
Gross premiums written: $502.9 million compared to $489.6 million in 2010.
DATE: Jul 27, 2011
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Local real estate development company West Hamilton Holdings Ltd reported its half-year revenue rose more than nine percent - mostly on earnings from its parking lot at the old Bermuda Bakery site on Pitts Bay Road.
Operating income for the six month...
DATE: Jul 27, 2011
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Butterfield Bank made a profit for the second consecutive quarter as it continues to bounce back from the turmoil of the past couple of years.
The bank reported net income of $11.8 million for the second quarter compared to $200,000 during the same p...
DATE: Jul 27, 2011
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KeyTech Ltd has announced changes to its board of directors, which were approved at its Annual General Meeting on Friday.
Colin Williams retired as a director, having been with the board since 1997.
Meanwhile, Alison Hill and Michael Leverock have be...
DATE: Jul 26, 2011
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The private banking needs of US citizens living overseas are not better served from the mainland, according to a Bermuda-based cross-border financial management firm.
This follows last week’s announcement by HSBC Private Bank that it would stop offer...
DATE: Jul 26, 2011
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More than 250 students took part in this year’s Annual College Student Networking Event (CSNE) hosted by Business Bermuda at the Fairmont Hamilton Princess hotel last week.
The event, which is in its 13th year, was declared the most successful to dat...
DATE: Jul 25, 2011
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