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Somers Ltd, the financial-services holding company, was the only stock to trade in Bermuda Stock Exchange trading. Somers closed unchanged on $15 as 800 shares changed hands. In New York, Butterfield Bank’s US-listed shares fell 23 cents, or 0.69 per...

Butterfield Bank has been assigned senior unsecured debt and deposit ratings of A+, a subordinated debt rating of A by Kroll Bond Rating Agency. Butterfield also received a short-term debt and deposit rating of K1. The outlook for all long-term rati...

Shares of One Communications Ltd were up 10 cents, or 2.7 per cent, at $3.75 after 10,000 traded on The Royal Gazette/BSX Index. BF&M Ltd retreated five cents, or 0.3 per cent, to $17 after 7,805 shares changed hands, while Butterfield Bank was down ...

Jamel Easton is on his way to a career in air conditioning and mechanics after graduating from the Bermuda College, as part of Bermuda Air Conditioning’s apprenticeship programme. Mr Easton discovered his passion for the industry in high school whil...

Bermuda Aviation Services Ltd reported net income of $0.6 million for the year ended March 31, 2019 compared to a net loss from continuing operations of $3.8 million in the prior year. Total comprehensive income was $0.4 million for the current year ...

Shares of Argus Group Holdings Ltd fell by 25 cents, or 7.7 per cent, to $3 after 8,000 traded on The Royal Gazette/BSX Index. Butterfield Bank shares were 24 cents, or 0.7 per cent lower, at $33.10 after 2,900 changed hands. In New York, the bank’s ...

The MJM Ltd family is growing. Earlier this year, the law firm named Jennifer Haworth and Jeremy Leese as directors of the firm. Adenike Carmichael joined the dispute resolution team as client relationship manager. Today the firm announced four more ...

Conyers is delighted to announce that Vanessa Gilbert is the 2019 recipient of the firm’s Leadership Scholarship Award. The award, which is valued at $5,000, is presented annually to a graduating CedarBridge Academy student. The recipient will have d...

Pina Albo is the new deputy chairwoman of the Association of Bermuda Insurers and Reinsurers, and the first woman elected to the board. Abir has also welcomed Convex Group as its newest member. The Bermudian-based $1.8 billion re/insurer is led by St...

Halle Teart has been named the 2019 Validus Scholar. She is entering her sophomore year at Johns Hopkins University, studying sociology and Africana studies. The scholarship programme provides financial support to Bermudian students aimed at cultivat...