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WhatsApp urged users to upgrade to the latest version of its popular messaging app after reporting that hackers may have installed malicious spyware onto an unknown number of phones. WhatsApp, one of the most popular messaging tools, is used by 1.5 b...

A 200 per cent increase in the monthly maintenance fee for statement savings accounts, is among a range of fee increases announced by HSBC Bank Bermuda Ltd. The new fees are effective from July 1, and affect savings accounts, local and overseas payme...

Butterfield Bank shares were up 46 cents, or 1.2 per cent, at $38.94 on the New York Stock Exchange. There was no change to The Royal Gazette/BSX Index, for a seventh consecutive trading day. It remained at 2,401.92, while the BSX Insurance Index was...

Christian Dunleavy has been appointed chief executive officer of Aspen Bermuda Ltd. The promotion of Mr Dunleavy, who will also continue in the roles of managing director of Aspen Re and chief underwriting officer of Aspen Bermuda, is one of a slew o...

Standard & Poor’s has kept its ratings for Bermuda unchanged, with the outlook remaining positive. Curtis Dickinson, the finance minister, welcomed the news. He said: “According to S&P, the key drivers for the rating affirmation are our economic stre...

The former head of the now defunct Bermuda International Business Association has launched a tourist rental business in France. Deborah Middleton, formerly chief executive officer of Biba, retired to the Spanish island Majorca in 2006. She moved to F...

Bermudian-based Somers Limited, a financial services investment holding company whose assets include Bermuda Commercial Bank, has reported a net loss of $3.6 million for the first quarter of 2019. That takes Somers’ net loss for the six-month period ...

Axa XL’s staff in Bermuda took part in the company’s annual global day of giving on Friday. They were involved in projects from the across the island involving a range of activities such as restoring historic sites to organising a local food bank and...

A former Commandant of the British Army’s training school for officers has given Bermuda’s business world a lesson in how to lead with integrity. Major General Patrick Marriott, who was in charge of Sandhurst, the Royal Military Academy, from 2009 to...

The man who cofounded Crowdfunder in the US is one of the entrepreneurs behind a proposed digital asset-friendly bank looking to incorporate in Bermuda. Known as Jewel, it aims to be a limited bank that will provide traditional banking services to di...