Log In

With job cuts being announced weekly in Bermuda, it is appropriate to spend some time discussing the consequences of redundancy. In order for a position to be declared redundant, a condition of redundancy has to be present. The redundancy must be par...

Fitch Ratings has noted improvements in XL Group’s capital position and affirmed the insurer financial strength rating of A of its operating subsidiaries. The Ireland-domiciled business insurer, which has substantial operations in Bermuda, has “solid...

Capital G Bank mortgage holders will see their repayments rise from next month when the bank will raise its lending rate by 0.25 of a percentage point. The move, which takes effect on February 1, will take the bank’s residential and commercial lendin...

KeyTech Ltd. fell 10.86 percent (75 cents) to $6.15 on The Bermuda Stock Exchange (BSX) yesterday. The telecommunications provider traded 1,000 shares during the day. Butterfield Bank’s common shares also dropped four percent (five cents) to $1.20, w...

Directors of the Butterfield Liquid Reserve Fund Ltd - where investors’ money has been trapped for 18 months - have called a special general meeting of shareholders for February 8. The fund, which is managed by Butterfield Asset Management Ltd was ba...

Q. Will Google Inc. stock do well in the future? Y.W., via the Internet A. The company whose name has become a synonym for “search” still derives most of its profits from its free search engine and related advertising. Future success depends on not o...