BCB Announces New Board and Approves Amalgamation with FBG Permanent Issues Results of Tender Offer for the Remaining Shares

Tuesday, May 25, 2010

Bermuda Commercial Bank Limited announces changes to the Board of Directors and approves the proposed amalgamation with FBG subject to a Special General Meeting. Permanent Investments Limited today released the results of its tender offer for the remaining shares of Bermuda Commercial Bank Limited. >>READ MORE >>

Permanent Issues BCB Tender Offer & Proposes Amalgamation of BCB with FBG

Thursday, April 29, 2010

Permanent Investments Limited (“Permanent”) today mailed its tender offer (“Offer”) for the remaining shares of Bermuda Commercial Bank Limited (“BCB”) and also disclosed its intention to amalgamate First Bermuda Group Ltd. (“FBG”) with BCB...>>READ MORE >>

BCB Reports Net Loss of $1.47 Million

Tuesday, April 27, 2010

The Bank reported a net loss for the six month period ended March 31, 2010 of $1.47 million compared to net income of $680,000 at March 31, 2009, a decrease of $2.15 million. Diluted loss per share was $0.23 compared with earnings of $0.11 per share one year ago...>>READ MORE >>