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Fintech firm Circle is to set up shop in Bermuda with the creation of more than 30 new jobs in the next two years. And the US-based firm said its Bermuda operation would be the springboard for a worldwide drive to secure a major chunk of a global cry...

Shares of Ascendant Group rose by nearly 25 per cent as the company announced a special shareholders meeting on August 9 to consider its proposed sale to Algonquin Power & Utilities Corporation. The company, owner of power utility Belco, gained $5.99...

Two of Bermuda’s longest established law firms, and one of its newest, have been ranked in the annual Chambers High Net Worth Guide. Conyers Bermuda’s private client and trusts practice has been recognised as Band 1, the top ranking available, in the...

An historic Bermuda property is proving popular with visitors seeking a luxurious, short-term private vacation rental. Sandymount, situated on 2½ waterfront acres on the north shore at Bailey’s Bay, has four bedrooms, four bathrooms, three living roo...

A seminar for entrepreneurs about how to fail fast, pivot quickly and bounce back, has been hailed a success. Hosted by the Bermuda Economic Development Corporation, the government agency that supports entrepreneurs, the seminar attracted 50 attendee...

Bermudian-based insurance holding company American Overseas Group Ltd has reported a net loss of $3.2 million and an operating loss of $600,000 for the year ended December 31. The results were announced on Friday in a regulatory filing with the Bermu...

Somers Ltd, the financial-services holding company, was the only stock to trade in Bermuda Stock Exchange trading. Somers closed unchanged on $15 as 800 shares changed hands. In New York, Butterfield Bank’s US-listed shares fell 23 cents, or 0.69 per...

Dear Dave, My wife is so charged up after reading your books, and now she is determined to get us out of debt. I know this is good idea, but I just don’t have the passion for it she does. There are also some things I really don’t want to give up. Do ...

In the ever-changing world of politics and their related global financial sanctions, it is imperative that businesses understand the financial sanctions regimes have in place and have effective methods to screen their systems for any potential breach...

Butterfield Bank has been assigned senior unsecured debt and deposit ratings of A+, a subordinated debt rating of A by Kroll Bond Rating Agency. Butterfield also received a short-term debt and deposit rating of K1. The outlook for all long-term rati...