Category: Business
Butterfield Bank Reports Q2 2021 Results
The Bank of N.T. Butterfield & Son Limited has announced its financial results for the second quarter of 2021. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited announced financial results for the second quarter ended June 30, 2021. “Net income for the second quarter of 2021 was $39.6 million, or $0.79 per diluted... Read more of this article
Update On Restricted & Closed Job Categories
The Ministry of Labour is advising the public of “changes to the closed and restricted job categories, effective from August 1 for a three month period,” noting that they are extending the moratorium on new work permits for certain closed job categories until October 31st, 2021. A Government spokesperson said, “As highlighted in the 2020... Read more of this article
PartnerRe Reports Q2 & Half Year 2021 Results
PartnerRe Ltd. reported net income available to common shareholder of $314 million for the second quarter of 2021, compared to income of $229 million for the same period of 2020. A statement from the company said, “Net income available to common shareholder was $248 million for the half year 2021, compared to a loss of $204 million for the same... Read more of this article
Appleby Receives High Rankings In Chambers
Lawyers from Appleby’s Bermuda, Cayman Islands and Jersey Private Client & Trusts practices have received high rankings in the recently released 2021 High Net Worth Guide by Chambers Global. A spokesperson said, “Partner and Group Head of Appleby’s Private Client & Trusts practice, Carlos de Serpa Pimentel, achieved the highest Band... Read more of this article
Carey Olsen Ranked In Chambers Band 1
Carey Olsen Bermuda Limited has been ranked in Band 1 for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth [HNW] guide. A spokesperson said, “Just over three years after it opened its doors for business, Carey Olsen Bermuda Limited has been ranked in Band 1 for its trusts and private wealth... Read more of this article
Goslings & MarketPlace: ‘Find Your Happy Place’
Goslings Limited and The MarketPlace Group are teaming up to encourage Bermuda to “find their happy place” with a contest offering a number of prizes. A spokesperson said, “Goslings Limited and The MarketPlace Group are teaming up to encourage Bermuda to find their ‘happy place.’ The collaboration provides an opportunity to win... Read more of this article
Somers Limited Share Repurchases For June
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced share repurchases and total shares in issue. The filing stated: “Somers Limited, a financial services investment holding company, announces that during the month of June 2021, Somers purchased 526 of its own common shares [the “Shares”] at an average cost of $17.00 per... Read more of this article
Bermuda Stock Exchange Report: July 26 2021
July 26 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,511.61, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 9 2026 Bermuda Stock Exchange Report: Jan 8 2026 Bermuda Stock Exchange Report:... Read more of this article
Registration Open For Bermuda Tech Summit
The Bermuda Business Development Agency [BDA] announced that registration is open for the third annual Bermuda Virtual Tech Summit 2021, which takes place from October 13-15. A spokesperson said, “Centred on the theme: ‘Transforming the Digital Landscape,’ the free, virtual summit will bring together the world’s leading technology thought leaders... Read more of this article
RUBiS Cup Match Holiday Opening Hours
RUBiS Energy Bermuda has provided information on the opening hours for their various locations during the annual Cup Match Holiday. Related Stories RUBiS Cup Match Holiday Opening Hours RUBiS Cup Match Holiday Opening Hours RUBiS Cup Match Holiday Opening Hours RUBiS Cup Match Holiday Opening Hours Govt Responds To Comments On NSC Contract Oil... Read more of this article
Kiwana Spencer Appointed As Duchess Manager
Hamilton Princess & Beach Club announced the appointment of Kiwana Spencer to a senior role on the Food & Beverage team. A spokesperson said, ““Kiwana Spencer has been appointed as the Outlet Manager of the Duchess Café & Gelateria, leading the team at one of the island’s newest and most stylish café’ and gelateria. In this role,... Read more of this article
Photos & Video: Court Street Market Underway
The merchants of Court Street are holding a Court Street Market today [July 25] with the event set to run until 6pm, with a variety of items on sale including food, clothes, sunglasses, bags, shoes, books, candles and more. A spokesperson previously said, “Every $25 purchase at the event entitles shoppers to be entered into a raffle to win prizes... Read more of this article
