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Bermuda Commercial Bank

Local Business

New CEO Horton sees bright future for BCB

Peter Horton is the new chief executive officer of Bermuda Commercial Bank (BCB). Mr Horton’s banking career has taken him around the world, with a job that included a stint in Botswana and then, from a base in Kenya, moved him throughout Africa tack...
Dec 05, 2013
International Business

Somers seeks to buy out UK broker

Somers Ltd, owner of the Bermuda Commercial Bank, is seeking to buy out London-based broker Westhouse Holdings PLC. The Bermuda Stock Exchange-listed Somers already owns a 46.1 percent stake in Westhouse. Somers, formerly known as Bermuda National Lt...
Nov 29, 2013
Other

Peter Horton takes the reins at BCB

By Rebecca Zuill Bermuda Commercial Bank Ltd (BCB) has a new chief executive officer with British banker Peter Horton taking up the post this week. It was announced in August that Mr Horton would take the reins of BCB. Chairman Michael Collier stated...
Nov 05, 2013
Local Business

"Bermuda National announces share repurchase programme"

Bermuda National Limited, a Bermuda exempted financial services investment holding company, has announced it has introduced a share repurchase programme, according to the Bermuda Stock Exchange. (BSX) It stated: “The programme will enable BNL to repu...
Sep 27, 2013
Other

"Single mover leaves BSX unchanged"

The Bermuda Stock Exchange closed unchanged yesterday at 1,142.19, after a 5,000 share transaction failed to move the index. Bermuda National Ltd saw the shares change hands at 12.25.
Aug 21, 2013
Other

"Peter Horton named BCB’s chief executive officer"

Bermuda Commercial Bank has a new chief executive officer, it was announced this morning Bermuda National Limited, a listed financial services investment holding company, reported that Peter Horton is the new CEO of their 100 percent subsidiary opera...
Aug 07, 2013
Local Business

"BCB first-half profit $5.1 million"

Bermuda Commercial Bank parent company Bermuda National has posted a first-half profit of $3.1 million based on strong performance by the bank. BNL’s profit for the quarter ended March 31 was $105,762. Major subsidiary BCB recorded a profit of $0.7 ...
Jun 05, 2013
Local Business

"BCB first-half profit $5.1 million"

Bermuda Commercial Bank parent company Bermuda National has posted a first-half profit of $3.1 million based on strong performance by the bank. The bank recorded a profit of $0.7 million and total income of $5 million in the quarter ended March 31. B...
Jun 04, 2013
Local Business

"BCB sees first-quarter profit jump, customer deposits rise "

Bermuda National yesterday posted a first-quarter profit of some $3 million on “strong operating performance” of its major subsidiary Bermuda Commercial Bank. BNL, a financial services investment holding company, also announced that it was “currently...
Mar 01, 2013
Local Business

"BCB sees jump in first-quarter profit"

Bermuda National today posted a first-quarter profit of some $3 million on “strong operating performance” of its major subsidiary Bermuda Commercial Bank. BNL, a financial services investment holding company, also announced that it was “currently in ...
Feb 28, 2013
Local Business

"BNL announces bonus warrants issue"

Bermuda National, parent company of Bermuda Commercial Bank, has announced a bonus warrants issue, which it says will provide it with “a flexible funding structure”. The financial services investment holding company said Friday that it proposes to ma...
Feb 11, 2013
Other

"BNL shareholders approve Utilico private placement"

Bermuda National Ltd, the parent company of Bermuda Commercial Bank Ltd, announced that at a special general meeting on Friday a private placement with Utilico Investments Ltd was approved by shareholders. In a statement issued through the Bermuda St...
Dec 10, 2012
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