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Bermuda has come under the spotlight in a front-page article in the prestigious New York Times highlighting the use of the Island by US hedge fund managers who have pumped millions into presidential campaigns. The article said that hedge fund magnate...

Two Bermuda lawyers yesterday said they had never been nominee directors of a safari firm at the centre of a row over tax avoidance in Botswana. Cox Hallett Wilkinson lawyers Ernest Morrison and David Cooper were reported to be nominee directors of B...

A pop-up store set up by drinks giant Bacardi has raised a massive $30,000 for charity. Now Bacardi firm will tomorrow present anti-substance abuse charity Cada with the cash raised from the sales of a special limited edition rum sold in Bermuda to m...

The number of mergers and acquisitions using private-equity investment in Bermuda has rocketed to $3.3 billion, according to a new report. The deals included one of the top five offshore investments of the year — a $1.5 billion purchase of a minority...

The final video in a campaign to highlight the international business sector’s importance to the Island’s economy has been released. The video features a job interview and the camera swoops through the office, showcasing the other sectors of the econ...

A Bermuda-based financial technology firm has appointed a new managing director and global head of customer development in Britain. Anna Mazzone joins the firm from Thomson Reuters, where she was global head of KYC Services. Ms Mazzone will lead the ...

Butterfield Bank has been awarded bank of the year in Bermuda and the Caymans. The award, from the international banking industry magazine The Banker, is the third in succession for Butterfield. Butterfield’s chief executive officer Michael Collins s...

The CEO of insurance group Argus will speak at a major conference for Commonwealth heads of government in Malta this weekend. Alison Hill will be joined as a speaker at the conference by the Argus Group chief executive Dr Vanessa Borg, head of its Ma...

The District of Columbia has done a U-turn on a controversial list of tax havens that included Bermuda. The municipality of Washington DC has repealed the 39-jurisdiction list only a week after it came into effect. The Island was included on the list...

A Bermuda-based property developer is to join forces with a Qatar investment firm in a massive $8.6 billion development in New York. Brookfield Property Managers has teamed up with the Qatar Investment Authority (QIA) to develop a five building, seve...