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The Bank of Butterfield today rose $1 to $32 in Bermuda Stock Exchange trading. The 3.2 per cent rise came as 1,069 shares traded. On the New York Stock Exchange, the bank was also up — 56 cents, or 1.7 per cent, to $33.54. The Royal Gazette/BSX Inde...

Linberg Simmons will design Bermuda High School’s new Innovation Centre and also its Arts Wing. BHS announced today that the selection of the architectural firm was part of its $10 million “Leading the Way” campaign, designed to optimise teaching of ...

Island-based investment adviser AlphaCat yesterday announced Bernard Van der Stichele as its new portfolio manager. Mr Van der Stichele joins AlphaCat, part of Validus Holdings, from AQR Capital Management. Lixin Zeng, chief executive officer of Alph...

The two young businessmen behind the successful Coral Coast Clothing range have launched a new store. Thirty Two° 64° — named after the island’s map coordinates — opened yesterday and will showcase their own range as well as feature a shirt bar offer...

Confidence in American International Group has grown in the two weeks since Brian Duperreault was appointed chief executive officer. The giant insurance company’s share price has risen 3.7 per cent, from $61.82 to $64.10, since the Bermuda-born CEO t...

A Bermudian has become the head of Florida’s third biggest credit union. Timothy Antonition is the new president and chief executive officer of Space Coast Credit Union, which has $3 billion in assets. Mr Antonition, already identified as the next CE...

Insurance and reinsurance-focused managed services provider Xceedance has extended its reach to Bermuda. The company, which has offices in the US, UK, Poland, and India, has now incorporated on the island. It provides expertise and solutions for insu...

One Communications has been named as the official local telecoms supplier of the 35th America’s Cup. The partnership with the America’s Cup Event Authority was announced today. “Our team at One Communications is honoured to have been selected as part...

Shares of Butterfield Bank lost $1.50, or 4.6 per cent, to close at $31 after 1,200 traded on The Royal Gazette/BSX Index. The bank’s shares were 18 cents, or 0.54 per cent, lower at $32.98 on the New York Stock Exchange. Meanwhile, on the local exch...

International real estate agent Coldwell Banker has launched a new brand and website for the luxury market — and Bermuda could cash in on America’s Cup exposure overseas. And Brian Madeiros, chief executive officer of Coldwell Banker Bermuda Realty, ...