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Applications are now open for Butterfield’s Bermuda Undergraduate Scholarship award, which has been increased by $5,000 to $30,000. The scholarship is tenable for up to four academic years and provides financial assistance to outstanding students who...

The number of digital asset businesses registered in Bermuda could double in the next six months, according to David Burt, the Premier. Mr Burt added that Bermuda is “gaining momentum" in the digital asset business sector, and that it was essential ...

Neville Grant has been appointed chief executive officer of Bermuda Commercial Bank. The appointment was made at this month’s meeting of the company’s board of directors. Following a “successful transition period”, Mr Grant will step into the CEO...

The former leader of the nation of Georgia told a Bermuda court yesterday that during the fall of the Soviet Union he had made a fortune so large that he became one of the world’s richest men. But he trusted Credit Suisse implicitly with a billion do...

The former prime minister of the Caucasus country of Georgia may be called to give evidence as early as this morning in a case being heard in Bermuda’s Commercial Courts. The case, before Chief Justice Narinder Hargun, is being conducted virtually vi...

Butterfield has promoted Shawnette Griffin to the new role of senior vice-president, head of retail banking and operations, Bermuda. The bank said Ms Griffin has worked with Butterfield for more than 30 years. She started her career as a trust admini...

The Bank of N.T. Butterfield & Son Limited has declared third-quarter net income of $39.8 million, compared with net income of $39.6 million for the previous quarter and $30.5 million for the third quarter of 2020. Core net income for the third quar...

HSBC Holdings plc has bounced back with after-tax profit of $4.2 billion — an increase of $2.2 billion — for the third quarter compared with the same period in 2020. The bank also announced a massive share buyback of up to $2 billion after the profit...

HSBC Asset Management (HSBC AM) has launched its first healthcare fund focused on sustainability and impact. HSBC GIF Global Equity Sustainable Healthcare Fund is aligned with the United Nations Sustainable Development Goal 3, Good Health and Wellbei...

Bermuda’s first digital bank may already be on the cards, with the Government welcoming the first formal bid. The application submitted to the Bermuda Monetary Authority proposes a bank serving digital-asset businesses and institutions globally from ...