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Payments technology company First Atlantic Commerce has expanded its online card-processing services across Central America. The Bermudian-based payment gateway can now offer payment solutions to merchants in Costa Rica, Honduras, El Salvador, Guate...

Alchemy Fitness Studio is introducing new services for next year after settling into its new home on Reid Street. The fitness centre, which relocated earlier this year from its former home at the corner of Church Street and Par-la-Ville Road, moved t...

The Royal Gazette/BSX Index fell 3.6 per cent last week, largely because of a tumble in the price of Butterfield Bank shares. The Bermuda Stock Exchange was closed yesterday for the Remembrance Day public holiday. Butterfield slipped $1.75, or 4.7 pe...

Companies could be hacked because of the weak cyberdefences of people they do business with. That is the warning from Stephen Bull, managing director of Bermudian firm Independent Consulting Solutions, who added that even a careless act by a vendor c...

LOM Financial Ltd has bought a building to host its Bahamas office. And Scott Lines, the company’s chairman and chief executive officer, believes that smaller boutique financial-services firms like LOM can gain market share as larger players withdraw...

Butterfield Bank shares shot up 5 per cent in light Bermuda Stock Exchange trading. The bank gained $1.75 on the trading of 228 shares to close on $37. Butterfield’s New York Stock Exchange-listed shares also had a positive day, climbing 82 cents, or...

Third Point Reinsurance Ltd has announced a secondary public offering of 14 per cent of the Bermudian company’s outstanding shares. The offering involves 15 million shares being sold by major shareholders KIA TP Holdings and KEP TP Holdings, managed ...

Sompo International has bolstered its casualty reinsurance team with two new hires. The Bermudian-based company, a subsidiary of Japanese insurance giant Sompo Holdings, said Alison Wood and Lorene Phillips would be based in London as both in the rol...

Dear Dave, Do you have any tips for how single people can stay on track with their finances? — Deb Dear Deb, The first thing I’d suggest is the same advice I give to married couples, and that is to spend less than you make, and live on a written, mo...

A few years ago, I wrote: “The economy will one day improve, and the millennials will move out of their parents’ basements. When that happens, expect to see homeownership rates move back higher.” That day has arrived. Millennials are forming new hous...