Tuesday, March 09, 2010
The JPY gained broadly this morning as Asian equity markets traded in the red according to Reuters, prompting a pullback in risk trades and a move into the low-yielding JPY...>>READ MORE >>
Monday, March 08, 2010
The JPY and the USD fell this morning vs. higher-yielding ccys on speculation that wealthier European nations would rescue Greece financially if needed, reducing the perceived risk of debt defaults throughout Europe...>>READ MORE >>
Thursday, March 04, 2010
The EUR fell from a two-week high against the USD on speculation the ECB will delay withdrawing stimulus measures today as Greece’s struggle to reduce its budget deficit hampers the region’s recovery...>>READ MORE >>
Wednesday, November 25, 2009
Bermuda Commercial Bank Limited recorded a net operating loss of $0.38 million for the year ended September 30, 2009 compared to a net profit of $5.16 million in 2008. However there was a net gain in shareholders’ equity, due to a $1.81 million unrealized gain in investments in securities...>>READ MORE >>
Tuesday, May 12, 2009
The Bank reported net income for the six month period ended March 31, 2009 of $680,000 compared to $4.39 million at March 31, 2008, a decrease of $3.71 million...>>READ MORE >>
Monday, March 09, 2009
We would like to confi rm to our clients and shareholders that, due
to our 100% cash balance sheet, we remain as strong and secure
as ever. We have no credit investments and no derivatives, and
we did not invest in any of the markets or products that are now
causing such problems around the world.>>READ MORE >>
