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Sonia Baxendale has joined the Butterfield Bank board as an independent director. She has extensive retail banking and wealth management leadership experience, and held senior leadership roles within Canadian Imperial Bank of Commerce, including six ...

Bermuda could see a $23 million economic impact from the return of foiling catamarans to the island for SailGP’s Bermuda Grand Prix in April, and that has local partners excited. The $23 million figure is the average impact calculated per venue durin...

Whitespace, the digital e-trading platform for brokers and insurers, has added video calling and instant messaging capabilities to the platform that links brokers and underwriters. The platform has clients in Bermuda. Stephen Carlin, chief executive ...

Hamilton Insurance Group Ltd has launched Ada Capital Management Limited, a Bermuda-regulated insurance agent authorised to underwrite on behalf of Ada Re, a newly formed Bermuda-registered special purpose insurer. Ada Re has secured capital commitm...

A total of 4,400 shares of One Communications Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $4.05. On the New York Stock Exchange, shares of Butterfield Bank were up 42 cents, or 1.28 per cent, at $33.21. The R...

Residents are being encouraged to embrace online shopping as Bermuda gears up for eMonday, the annual initiative that supports the development of e-commerce business on the island. Launched 10 years ago during Global Entrepreneurship Week, eMonday is...

A Bermudian-based provider of independent insurance management and consulting services has appointed a chief operating officer of fund services and ILS. Industry veteran Matthew Charleson’s post at Strategic Risk Solutions Inc and its subsidiaries is...

The Bermuda office of international law firm Walkers has appointed Bermudian lawyer Malacia Madden to its corporate, finance, funds and insurance practice group following her successful completion of articles with the firm. Ms Madden, who joins as an...

Clarien Bank Ltd has announced the appointment of three new team members. Jennifer Hanson joins as SVP, head of trust and family office, where the organisation said she is expected to play a leadership role in the strategic development of Clarien Wea...

On-demand marketplace and mobile delivery service Sargasso Sea Ltd is partnering with Burrows Lightbourn Ltd to launch an online retail store for the local beer, wine and spirits distributor. The online retail store will open on the Sargasso Sea plat...