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Butterfield Bank has adopted a new standard for protecting customers who use their credit and debit cards for online purchases. The fraud prevention standard was developed by Europay, Mastercard and Visa as a new way to validate card transactions to ...

Shareholders of Ascendant Group Ltd are to vote today on whether to accept a takeover bid by a Canadian utilities group. Algonquin Power and Utilities Corp has offered $365 million for the shares in Ascendant Group. The group includes electricity sup...

Shares of HSBC Holdings Ltd fell 65 cents, or 8.02 per cent, to $7.45 after 11,868 traded on The Royal Gazette/BSX Index. In New York, shares of Butterfield Bank were down 47 cents, or 1.64 per cent, at $28.14. The Royal Gazette/BSX Index was unchang...

The Acumen Group is growing its Bermudian-based family with the addition of Kezia Furbert. Ms Furbert has left a career in insurance industry risk management to take up a new role in human resources at Acumen. “We are very excited to have Kezia on b...

A new cohort of budding scientists, technologists, engineers and mathematicians found an avenue to develop their Stem skills at the Ascendant Group Ltd’s annual Stem Camp. Launched in 2013, the camp is aimed at middle school students with proven apti...

Five trust companies and four law firms with presences in Bermuda have been named to shortlists for the CityWealth International Financial Centre Awards. Awards are made by CityWealth in nearly 40 categories, highlighting excellence in the wealth sec...

Everest Insurance has released a new real estate investment trust management liability policy. It is called Everest Elevation Reit Management Liability Policy. The new form has been designed to address directors and officers exposures specific to Rei...

Shares of One Communications Ltd improved by five cents, or 1.3 per cent, to $3.80 after 12,000 traded on The Royal Gazette/BSX Index. Butterfield Bank was down 40 cents, or 1.5 per cent, at $27 after 500 shares changed hands, while in New York the b...

Ascendant Group Ltd, which is the subject of a takeover bid by a Canadian utilities company, has reported a loss of $1.9 million for the first six months of the year. That compares to reported earnings of $3.1 million for the same period in 2018. The...

Bermudian-based Argo Group International Holdings Ltd has reported net income for the second quarter of $28.8 million, compared with $41.8 million for the same period a year ago. The second-quarter net income included pre-tax charges of $32.3 million...