Secret talks have been taking place for investment firm First Bermuda Securities to buy a significant stake in Bermuda Savings & Loan Ltd. and take over its management, we can reveal.If the deal goes ahead, it would give FBS access to approximately $26 million that is on deposit with Bermuda Savings & Loan and could lead to new mortgage-related products becoming available.
Articles Banks & Trusts Bermuda InvestmentSeptember 7, 1995
First Bermuda Securities to buy Bermuda Savings & Loan
28 years ago
TopicsBanks & Trusts Bermuda Investment
KeywordsBermuda Savings & Loan Ltd. First Bermuda Securities