The Bank of N.T. Butterfield and Son Ltd. was punished for the sins of its past by suffering a downgrade to "A'' from "A plus'' by rating agency Fitch IBCA. However, despite the setback, Bank of N.T. ...
The head of the Bermuda Monetary Authority (BMA) has called on some sort of central authority to ensure Bermuda companies are dealing with solving the Year 2000 computer problem.
"There has to be some...
Armed with recently granted US patents, Bermuda-based Investors Guaranty Fund, Ltd. has embarked on marketing financial methods and technologies designed to ride the wave of interest in insurance secu...
business and on its recently rejuvenated global custody department, the company's general manager said yesterday.
The company's corporate management subsidiary is also expected to grow, General Manage...
Insurance broker Sedgwick Ltd. will offer marine cargo insurance on the electronic commerce network pioneered by Full Service Trade System, Ltd. from its offices in Hamilton.
Sedgwick has also taken a...
Cream Factory Ltd.
Bermuda Creamery is owned by the Gibbons Group of Companies. The Simmons family, including president Allan Simmons, owned and operated the company from its Somerset location.
Bermud...
In 1997 Bermuda Bakery, Ltd. recovered about $700,000 from a its former controller, boosting profits for the year to $1.33 million, or $4.67 a share, a gain of 870 percent over 1996.
The stellar perfo...
PLP Sen. Terry Lister said claims linking the failure of the Co-Op Supermarket with his party do not follow any logic and are "ridiculous''.
UBP Sen. E.T. (Bob) Richards sparked off a war of words bet...
Is Microsoft Corp. the big bad daddy of the 90s going soft in the head? No, it's just trying to be smart. While Microsoft is tussling with the US government over allegations the company is using its o...
Government has sent businesses copies of a draft bill that when passed by Parliament will introduce a mandated private sector pension scheme for Bermudian employees.
But the proposed bill has already ...
