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Carey Olsen Bermuda Limited has been ranked in Band 1 for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide. Carey Olsen said it is the only Bermuda law firm to have a Band 1 ranking as a f...

Bermudian-based offshore drilling company Seadrill Limited has entered into agreements that it says contemplates a plan of reorganisation that will raise $350 million in new financing and reduce the company's liabilities by more than $4.9 billion. Th...

Registration is now open for the third annual Bermuda Tech Summit, which will take place virtually October 13-15, the Bermuda Business Development Agency has announced. Centred on the theme “Transforming the Digital Landscape,” the BDA said the free ...

A Bermudian-registered company has launched its blockchain-based employee goal-management and compensation app to what it said is an initial user base of more than 150,000 US employees from numerous partner companies. blockWRK’s launch has been accel...

Borr Drilling Ltd, the Bermuda oilfield services company, has received a letter of award from an international oil company for additional jack-up drilling rig work in Mexico. The company said the programme is expected to commence in the second quarte...

Bermuda’s Financial Policy Council will today discuss the shift toward a globally consistent tax on corporate profits - and how that may impact Bermuda. The FPC’s 17th meeting will be held via teleconference. Consistent with its mandate to provide a...

HSCM Bermuda has joined basketball star Draymond Green and professional golfer Rory McIlroy as investors in an American direct-to-consumer home insurance technology company. Kin Insurance Inc and Omnichannel Acquisition Corp have entered into a busin...

Bermudian-based financial services company Athene Holding Ltd has entered into a definitive agreement to acquire Foundation Home Loans, a specialist UK mortgage lender from funds managed by affiliates of Fortress Investment Group LLC. As of June 2021...

Bermudian-based Apex Group Ltd has secured additional equity investment from global investment firm Carlyle and sovereign investor Mubadala Investment Company. The global financial services provider backed by Genstar Capital said Carlyle and Mubadala...

First Atlantic Commerce has partnered with a Central American fintech solution provider to enable merchants to accept online payments through the Wix platform. The Bermudian-based online payment solutions provider said it is partnering with Costa Ric...