01/10/2023
Sancus' finance function, currently operating from Guernsey, will move to Jersey in the first half of this year, though the group will continue to participate in lending opportunities in the Guernsey market.
01/06/2023
Authority urging bank to re-think the decision
01/05/2023
The bank is up against stiff competition, including Barclays Bank, HSBC, and Santander International.
01/05/2023
All Ramsey branch staff will be offered positions at the Douglas branch.
01/03/2023
“Many mentioned that the rainy weather closer to the days leading up to Christmas was a bit of an impediment to sales. However, most reported that December had started strongly thus resulting in sales that were comparable to last year, which was a f
12/30/2022
“Further, commercial banks net outflows to their customers increased to $59.7 million from $49.4 million in the prior year.”
12/30/2022
“We have done what we can and (are) looking at what other things we can do to assist.”
12/22/2022
Figures from the Cabinet Office show that 277 people were registered as jobless, a fall of thirteen on the the previous month.
12/21/2022
The bank closed fiscal 2022 with strong results, reporting net income of $51.5 million in the fourth quarter, up 47 percent from the prior year’s quarter of $35.1 million.
12/19/2022
Of the eight participating banks, five banks were shortlisted for the interview stage which formed 30 per cent of their overall score.
12/19/2022
My expectation is 2023 is going to be fairly the same as 2022 even if the growth is slower
12/16/2022
The awards ceremony was held on 16 November at a glittering event in London.
12/16/2022
Event recognises people or entities who make a positive contribution to society
12/12/2022
A majority of workers in IT and telecommunications suffered a regression in their physical health as the COVID-19 pandemic forced them into remote working
12/05/2022
Thirteen Rising Stars, all under the age of 30, were recognised by The Bermudian Magazine.
12/02/2022
In April, The Royal Gazette reported that Bermuda reinsurers were monitoring ballooning property insurance rates in Florida, downgrades to the state’s property insurers precipitated in part by insurance fraud and expensive litigation.
12/01/2022
Recent upheavals sweeping the globe, including significant changes in social and familial structures and technological, political and economic shifts, have quite obviously also stoked the fire of underlying family tensions with incendiary results.
12/01/2022
The bank said it has seen a substantial decline in customers coming into its branches over the last five years, but especially since the pandemic.
11/29/2022
In the survey, conducted late last year, insurance groups reported that 68 per cent were using AI/ML systems.
11/29/2022
The ratings, a nod to the speed of the economic reconsolidation and the economic policies of the government, is an important counterbalance to the recent Moody’s downgrade.