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The financial strength of Bermudian-based Colonial Group International Ltd has been improved from A- to an ‘A’ (Excellent) rating by AM Best. The credit rating agency’s assessment was that the insurer has the financial strength and ‘excellent ability...

Butterfield Bank shares fell $11.64, or 22.76 per cent, to $39.51 on the New York Stock Exchange, while on The Royal Gazette/BSX Index the bank’s shares were static at $50 after no trading. Shares of Argus Group Holdings Ltd fell by 53 cents, or 13.5...

While traditional stock exchanges and crypto exchanges have not melded together, Greg Wojciechowski senses a shift happening with digital exchanges moving towards more traditional exchange models “but with a modern flair”. That was a view expressed b...

Atelerie will be moving into its permanent location on Reid Street in February. It is currently operating out of a pop up location at the Washington Mall, on Church Street. “We moved to a temporary space in the Washington Mall next to the Beluga Bar,...

Shares of Butterfield Bank declined by $1, or 1.9 per cent, to $50.50 after 290 traded on The Royal Gazette/BSX Index. The bank’s shares also fell on the New York Stock Exchange, ending 59 cents lower, or 1.14 per cent, at $51.15. The Royal Gazette/B...

Butterfield Bank made a profit of $50.4 million in the third quarter, but missed analysts’ expectations. The profit equated to 90 cents per diluted share, five cents lower than the predicted estimate of a consensus of market analysts. It was $10.3 mi...

More than fifty entrepreneurs received tips on how to shake up their industry at a “disruption and innovation” seminar hosted by the Bermuda Economic Development Corporation. The event at the Hamilton Princess & Beach Club, gave attendees an insight...

Solving the challenge of banking services for some fintech and cryptocurrency businesses and investments remains a hurdle for Bermuda, even as the island attracts technology-based start-ups and has approved its first initial coin offering under new l...

Shares of BF&M Ltd fell 44 cents, or 2.7 per cent, to $16.06 after 550 traded on The Royal Gazette/BSX Index. There was also trading in 6,322 shares of Ascendant Group, parent of Belco, but with no change to the closing price of $17. On the New York ...

The public and electricity sector stakeholders have extra time to submit comments on Bermuda’s long-term electricity plan, known as the IRP, or Integrated Resource Plan. The public consultation period opened on October 2, inviting comments on the eig...