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Conor O’Dea has joined the board of directors of BF&M Limited. He joined Butterfield Bank (Cayman) in 1989, serving as managing director from 1997. After also taking on the positions of president and chief operating officer with BNTB Group, he retire...

Shares of Butterfield Bank fell by $1, or 3 per cent, to $32.50 on The Royal Gazette/BSX Index after 307 traded. On the New York Stock Exchange, the bank’s shares were down 79 cents, or 2.46 per cent, at $31.35. The Royal Gazette/BSX Index was down 4...

Approximately 50 corporate professionals attended the 100 Women in Finance “Let’s Talk Digital Assets” event. The event, which was sponsored by EY Bermuda, brought together experts to discuss important topics such as the practical applications of vi...

Shares of HSBC Holdings Ltd fell 20 cents, or 2.39 per cent, to $8.15 after 200 traded on The Royal Gazette/BSX Index. There was also an exchange of 2,000 shares of Ascendant Group Limited, and 3,999 shares of One Communications Ltd but with no chang...

The Bermuda Monetary Authority has released a draft code of practice for digital asset custody for consultation that prescribes measures to ensure a high level of care when safeguarding client’s assets. The consultation period is for one month. The ...

Bermuda’s electricity sector will soon be guided by service standards set by the Regulatory Authority. A draft general determination and order for service standards is open for public consultation, and the Authority invites interested parties to comm...

Axis Capital Holdings’ credit ratings outlook has been upgraded by Standard and Poor’s Global Ratings to stable from negative. The ratings agency also affirmed the Bermudian insurer and reinsurer’s A+ financial strength rating and A- long-term issuer...

Catalina Holdings (Bermuda) Ltd has agreed to acquire a $2 billion run-off portfolio of employers’ liability policies from Zurich Insurance. The Bermudian-based run-off specialist was boosted by a $700 million capital raise in October that increase...

Hiscox has named Bob Thaker as its new UK chief executive officer, effective March 2019, subject to regulatory approval. The Bermudian-based insurer and reinsurer said Mr Thaker had worked at Hiscox since 2010 and held a number of senior roles during...

Shares of West Hamilton Holdings Ltd took a tumble on the Bermuda Stock Exchange. The property developer and manager fell 31 cents, or 7.6 per cent, to close on $3.75 as 2,500 shares changed hands. The only other stock to trade was Ascendant Group Lt...