110922 results returned for search: "" category ("Other" AND "News")
An irate Butterfield Bank shareholder last night said he has seen his $300,000 investment in the local bank nearly wiped out in the last two years.
The man, who did not wish to be named, spoke after Butterfield announced yesterday its Bermuda segment...
DATE: Mar 03, 2010
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First half of 2007: Butterfield Bank buys more than $1 billion in CMO and ABS investments, subsequently writing down more than more than $200 million due to a downturn in the US real estate prices and the declining value of investments.
February 2007...
DATE: Mar 03, 2010
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Owner and CEO of a company awarded a Government Cultural Legacy Fund has assured the public the money is going toward it's education programme.
Duval Spencer, of Kat King Productions and creator of AJ The Little Gombey, spoke out last night over alle...
DATE: Mar 03, 2010
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A security guard told a jury how he saw four teenagers run away from the Police on the night of Kellon Hill's murder.
Quinton Burch was on patrol at the Coral Beach and Tennis Club in the early hours of August 10, 2008, when he confronted the teenage...
DATE: Mar 03, 2010
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The Bermuda Public Service Union boss Armell Thomas yesterday slammed Government for increasing payroll tax by two percent claiming it will be difficult on workers and businesses.
Mr. Thomas, BPSU President, also questioned why Government wasn't cutt...
DATE: Mar 03, 2010
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A man was convicted of being the ringleader of a gang attack and robbery on a cricket team manager.
Jahkiel Samuels, 24, was recognised by victim Tareek Somner, 28, during the incident last April.
Mr. Somner gave evidence last month of how Samuels le...
DATE: Mar 03, 2010
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The Mid-Atlantic Wellness Institute will host a town-hall meeting and panel discussion tonight featuring a lecturer from Sweden.
The event is called 'Whose Mental Health Is It Anyway? Bermuda Come and Have Your Say' with guest speaker and consumer ad...
DATE: Mar 03, 2010
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Butterfield Bank's new chief executive officer said last night that yesterday's dramatic announcement of a capital injection of more than half a billion dollars will allow the bank to rid itself of the uncertainty that has plagued it over the past 18...
DATE: Mar 03, 2010
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No payroll tax increase would be necessary if the Finance Ministry had stuck to its budget over the past three years, Chamber of Commerce Economics chairman Peter Everson said yesterday. Mr. Everson said Cabinet Ministers should set an example by tak...
DATE: Mar 03, 2010
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AUTHOR:
Tim Smith
HSBC Bermuda recorded a $221 million profit before tax during 2009 despite the impact of the economic downturn and continued low interest rates squeezing margins.
That figure decreased 36 percent compared to the previous year, while consolidated tota...
DATE: Mar 03, 2010
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