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Butterfield Bank posted net income of $49.7 million for the second quarter — up from $44.2 million in the first quarter and $36.1 million in the same period in 2017. One of the main drivers of the increase was $7.5 million increase in net interest in...

Kimberly Lawrence believes that Bermudians are becoming more opened minded to different forms of spiritual practices and beliefs other than religion. After taking a leap of faith and launching her home business, Zen Crystals Bda last year, entreprene...

Keith Robinson of law firm Carey Olsen Bermuda has maintained his ranking as a Band 1 practitioner in offshore trusts in the 2018 Chambers High Net Worth guide. Chambers and Partners is one of the world’s leading reference and ranking bodies for the ...

Conyers Dill and Pearman is inviting all law students to its Open House next month to network with lawyers and to learn more about the firm and the legal profession in Bermuda. The event will take place on Wednesday, August 8, from 5:30pm to 7:30pm ...

The Association of Bermuda Insurers and Reinsurers has appointed Leila Madeiros as chairwoman of its Policy Committee. The Policy Committee serves as the chief policy body of Abir, with review of insurance regulation in Bermuda and overseas, interna...

Butterfield Bank shares rallied strongly on both the Bermuda Stock Exchange and the New York Stock Exchange after the bank had reported earnings of nearly $50 million for the second quarter on Tuesday. On the BSX, Butterfield climbed $1.50, or 3.2 pe...

Axis Capital Holdings Ltd beat analysts’ estimates as it recorded second-quarter net income of $93 million. The Bermudian-based insurer and reinsurer’s profit broke down to $1.11 per share and compared to net income of $85 million in the second quart...

Vanessa Schrum, a partner with law firm Appleby in Bermuda, has been recognised as a member of Legal Week’s Private Client Global Elite 2018. The supplement profiles 200 top trust and estate legal practitioners — including private client lawyers, tax...

Bermuda Forwarders is merging with BEST Shipping. The combination will result in BEST moving into Bermuda Forwarders’ Canal Lane location this year. In a letter to customers, Nick Kempe, president of Bermuda Forwarders, said the merger would enable t...

HSBC Global Asset Management (Bermuda) Ltd has launched a new offshore US Treasury Fund, domiciled on the island. The fund is aimed at meeting rising demand from institutional investors from the Bermudian insurance, reinsurance, captive and insuranc...