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
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Banks & Trusts Bermuda InvestmentKeywords
Bermuda Savings & Loan Ltd. First Bermuda Securities