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The Bermuda Monetary Authority has advised that due to the Good Friday holiday on April 10, applications for review by the Assessment and Licensing Committee will be deliberated on April 9. The ALC applications must be submitted no later than 5pm on ...

Shares of Butterfield Bank were down $1.52, or 8.93 per cent, at $15.51, on The New York Stock Exchange. Meanwhile, The Royal Gazette/BSX Index was quiet with no trades. The Index closed unchanged at 1,502.26, while the BSX Insurance Index was down 7...

Companies without the ability to sell their products and services online can now do so quickly and easily through a virtual marketplace created AAC/Ptix. Vicki Coelho, chief executive officer of AAC/Ptix, said: “This is the time for Bermudians to sho...

Butterfield Bank’s previously announced changes to credit card rates and fees, which were to have taken effect on March 31, have been suspended until further notice. In a statement, the bank said: “Those changes were planned and announced in advance ...

Hospitality businesses and entrepreneurs are invited to join a Bermuda Tourism Authority virtual thought-leadership event tomorrow aimed at offering critical survival resources during Covid-19. The BTA said the free, 90-minute “Industry Resilience Ro...

The Bermuda office of international law firm Conyers has announced the promotion of four lawyers. Francesca Fox, Alexandra Macdonald and Jennifer Panchaud have become directors, while Cynthia Millett has been promoted to counsel. Christian Luthi, cha...

The local office of international law firm Conyers provided Bermuda law advice to aircraft lessor Aircastle Ltd in connection with its $7.4 billion merger with a newly formed entity controlled by affiliates of Marubeni Corporation and Mizuho Leasing ...

Sompo International Holdings Ltd has appointed Michael Carroll senior vice-president and deputy head of life sciences for Sompo Global Risk Solutions. The Bermudian-based specialty provider of property and casualty insurance and reinsurance said that...

Shares of Argus Group Holdings Ltd fell seven cents, or 3.1 per cent, to $2.18, after 89,000 traded on The Royal Gazette/BSX Index. There was also trading in 60 shares of Somers Ltd, but with no change to the closing price of $15. In New York, shares...

An insurer specialising in emerging business categories has been granted a license by the Bermuda Monetary Authority, the Premier has announced. Relm Insurance Ltd, led by chief executive officer Joe Ziolkowski and operations vice-president Keyla Rom...