BFCL comes to an ignominious end

By David Marchant

27 years ago

Topics

Bermuda Investment Listed Securities

Keywords

Argus Group Bermuda Financial Centre Limited Bermuda Stock Exchange BFCL First Bermuda Securities

Fraser Butterworth HSBC Bank Bermuda Mike Winfield Winworth Ltd.

[ 4 more... ] [ top 5 ]

One of the most ambitious property developments in Bermuda’s history that eventually turned into a four-year embarrassment for its sponsors has ended in typically ignominious fashion. Bermuda Financial Centre Limited was struck off from the Bermuda companies register on December 19 by the authorities and, three days later, the listing of its preference shares was cancelled by the Bermuda Stock Exchange.

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