49296 results returned for search: "" category ("Other" AND "Business")
Bermuda’s telecoms and energy watchdog has taken swift action to protect consumers and small businesses during the Covid-19 pandemic.
The Regulatory Authority has issued the Regulatory Authority (Covid-19) Emergency General Determination 2020, which ...
DATE: Mar 25, 2020
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CATEGORY:
Other
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AUTHOR:
Duncan Hall
Butterfield Bank will reduce its banking hours at all three local branches during the Covid-19 pandemic.
Effective on Wednesday, until further notice, the Reid Street, Hamilton, St George and Somerset banking centres will operation from 9am to 1pm, M...
DATE: Mar 24, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The recession in Bermuda caused by the Covid-19 pandemic will be deeper than the economic downturn that followed the 2008 financial crisis, an economist said.
“This recession will be deep, dwarfing the one resulting from the financial crisis, but it ...
DATE: Mar 24, 2020
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CATEGORY:
Other
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AUTHOR:
Duncan Hall
HSBC Bermuda’s Harbourview branch will be open for limited hours, effective today.
In response to the Covid-19 pandemic, the centre’s hours will be 9am to 1pm until further notice.
“For the safety of clients and staff, we will continue to restrict...
DATE: Mar 24, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Clarien announced that banking operating hours will be amended in order to provide essential banking services only.
Only the bank’s Hamilton branch on Reid Street, will be open.
Effective March 25, opening hours will be 9am to 1 pm. The bank added ...
DATE: Mar 24, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
An economist has called for local banks to halt payments of bonuses and dividends, and to suspend share buybacks, to maximise their ability to help the community through the Covid-19 crisis.
Robert Stubbs, head of research at Seed Bermuda (Social, Ec...
DATE: Mar 23, 2020
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CATEGORY:
Other
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HSBC Bermuda is offering relief on mortgage, loan and credit card payments over the next three months.
The moves come in response to the effects of the Covid-19 pandemic and the economic disruption it is already causing.
In a statement yesterday, HSB...
DATE: Mar 20, 2020
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CATEGORY:
Other
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Belco has committed to keeping Bermuda’s electricity supply up and running during the Covid-19 crisis.
Disconnections of residential and small commercial customers have been suspended for the next 30 days amid economic disruption caused by the Covid-...
DATE: Mar 20, 2020
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CATEGORY:
Other
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The annual general meeting of Ascendant Group Ltd, scheduled to be held March 27, has been postponed due to the Covid-19 pandemic.
The board of directors of Ascendant, which includes power utility Belco among its holdings, said in a letter to shareho...
DATE: Mar 20, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The completion of the deal to buy out Bermuda Commercial Bank will be delayed, probably into the summer.
Somers Ltd, a financial-services investment holding company, agreed last year to sell BCB to Permanent Capital Holdings Ltd and last month the de...
DATE: Mar 20, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
