Suggestions that the yield was too generous on the Bermuda Government bonds sold this week have been described as "under-informed" by HSBC Bermuda chief executive officer Philip Butterfield.
HSBC mana...
Strong Democratic opposition to the Neal bill surfaced in Washington yesterday as Bermuda's reinsurance industry came under the scrutiny of US lawmakers.
The bill — which aims to raise more taxes from...
The Bermuda Government yesterday raised $500 million in a public bond offering that was six times oversubscribed.
Government will pay a fixed interest rate of 5.6 percent on the 10-year bonds, or a to...
Government is today set to try to raise up to half-a-billion dollars in a sale of 10-year bonds.
According to an explanatory note sent out to some financial institutions yesterday, Government intends ...
Argus Group Holdings Ltd. today announced a net full-year loss of $18.4 million - due mainly to the plunge in value of its stake in Butterfield Bank after what chief executive officer Gerald Simons d...
Shares of Ace Ltd. soared nearly five percent on Friday after the news that the company is to be readmitted to the Standard & Poor's 500 Index.
The global property and casualty insurer, which has subs...
Bermuda ranks number 22 in the world in terms of its use of information communication technology.
That is according to the latest Economist Digital Economy Rankings, formerly known as the E-Readiness ...
Bermuda can’t afford to be “stuck in transition” waiting for telecommunications reform, according to TeleBermuda International Ltd. president Gregory Swan.
Mr. Swan said Government’s proposed changes ...
Government has backed down on its previously stated intention to push telecommunications industry reform through the House of Assembly before the summer recess.
A spokesman for the Ministry of Energy,...
Strategic risks pose the biggest threats to companies' existence — but bosses are struggling to find effective ways of managing those risks.
That was the message from William Montanez, director of ris...
