Bermuda’s first bank will pay $5.6 million in forfeiture and restitution payments to the United States government in a tax evasion case that dates back 20 years.
The US Attorney for the Southern Distr...
Bermuda’s international re/insurers are leveraging the market cycle and expanding their franchises considerably in a period of optimism.
Several companies are active in share repurchases already, or r...
The Regulatory Authority of Bermuda has extended the deadline for public input into published guidance on Bermuda’s blueprint for future electricity production and costs.
And regulators appear set to ...
Hardening rates in insurance and reinsurance are a trend that is expected to continue, analysts ave been told.
Making clear he supports that view – and that development – is Marc Grandisson, executive...
Butterfield bank remained upbeat when discussing with investors the proposed global corporate tax plan and how it could affect bank operations.
Chairman and chief executive officer Michael Collins als...
After 25 years in business, the Bermuda Golf Academy, Driving Range and Mini Golf in Southampton will close in the first week of September, according to operator Richard Farge.
He said a 20-year lease...
Business in the town of St. George is facing a punishing bottom line for the second year in a row, amid growing concern for the old town’s future.
While Hamilton appears to be on the upswing, the east...
A plan to breathe life into the Town of St. George with a street party and live Bermuda entertainment faces an uncertain future in the absence of more tourists and more taxis.
Wahoo restaurant co-owne...
Government is discussing a carve-out for the island’s international insurance industry in multilateral discussions towards a new global agreement on a minimum corporate tax rate.
Finance minister Curt...
The finance minister Curtis Dickinson yesterday refused to publicly divulge which countries are allied with Bermuda in the international discussions of the global tax initiative set to come to a head ...
