Hashtag: #BermudaBusiness
Bermuda Stock Exchange Report: June 14 2017
June 14 saw 2,172 shares trade on the Bermuda Stock Exchange, valued at $67,875.00 BD. 1,900 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $34.00 per share, while another 212 shares were traded by Somers Limited, closing up 4.0% at $13.00 per share. 60 shares were traded by Ascendant Group Limited, closing at an even $7.51 per... Read more of this article
Bank Of Butterfield Adjusts Loan Rates
The Bank of N.T. Butterfield & Son Limited announced that, in step with today’s 25 basis point increase in the US Federal Funds Rate, the Bank has adjusted its Bermuda Dollar Base Rates on Bermuda Dollar loans. The Bermuda Dollar Base Rate for residential mortgages and consumer loans will increase from 4.25% to 4.50%. The Bermuda Dollar Base... Read more of this article
Antoine Jackson Awarded Deloitte Scholarship
Deloitte announced Antoine Jackson as the 2017 Deloitte Scholarship recipient, which offers up to $20,000 per year for a maximum of 3 years. A spokesperson said, “Deloitte Ltd. is pleased to announce that the 2017 Deloitte Scholarship recipient is Antoine Jackson. “The scholarship award offers up to $20,000 per year for a maximum of 3 years... Read more of this article
Bermuda Stock Exchange Report: June 13 2017
June 13 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,038.28, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
Validus Public Offering Of Depositary Shares
Bermuda-based Validus Holdings, Ltd. has priced an underwritten public offering of 10,000,000 depositary shares, each of which represents a 1/1,000th interest in a share of its 5.800% Non-Cumulative Preference Shares, Series B, $0.175 par value and $25,000 liquidation preference per share [equivalent to $25 per depositary share]. Validus intends to... Read more of this article
Bermuda Stock Exchange Report: June 12 2017
June 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,038.28, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
Hamilton Princess Recreated With Lego Bricks
Hamilton Princess & Beach Club has been recreated entirely out of Lego bricks, with artist Sean Kenney spending three months meticulously putting together the 27,500-piece scale model of the iconic hotel. He created the masterpiece from his studio, more than 750 miles away in New York. He put together the Lego bricks to show the ‘Pink Palace’... Read more of this article
“Most Successful May In History Of The Hotel”
The Hamilton Princess & Beach Club has “just completed its most successful May in the history of the hotel” and “paid $200,000 in overtime to our employees,” the Hotel’s General Manager said. General Manager of the Hamilton Princess & Beach Club Allan Federer said, “In response to mounting speculation regarding... Read more of this article
Shipping Schedule: Week Starting June 10
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 10th. On Saturday the Anthem of the Seas cruise ship is expected, on Sunday the Norwegian Dawn cruise ship and the Oleander container ship will arrive, and on Monday the Grandeur of the Seas and the Veendam cruise ships... Read more of this article
Bermuda Stock Exchange Report: June 9 2017
June 9 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,038.28, even on the day. There were 0 advances, 1 decline, and 59 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock... Read more of this article
Report On State Of ICT In Bermuda 2016
Minister of Economic Development Dr Grant Gibbons has released a report entitled State of ICT in Bermuda 2016. The biennial research is undertaken by the Department of ICT Policy and Innovation to assess the prevalence of Information Communications Technology [ICT] in Bermuda from 3 perspectives: infrastructure, usage, and skills. “Bermuda’s success... Read more of this article
Umer Islam Appointed Captive Insurance Leader
EY announced that Bermuda Executive Director Umer Islam has been appointed as Leader of EY’s Captive Insurance Practice. Islam has over 14 years of experience providing assurance and advisory services to insurance and reinsurance clients in London and Bermuda. “We are very excited to have Umer assume the role of EY Bermuda Captive Insurance Leader... Read more of this article
