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Butterfield Bank has jacked up lending rates by 0.25 of a percentage point after the US Federal Reserve yesterday raised its short-term rates by the same amount — the third American increase since December. The Butterfield base rate for residential m...

The Royal Gazette/BSX Index closed unchanged today at 2,041.6 after a day of no trading. The Bank of Butterfield lost 8 cents, or 0.23 per cent, to $34.79 on the New York Stock Exchange. The BSX Insurance Index ended the day up 3.89 points, or 0.2 pe...

The Bermuda Business Development Agency has announced the appointment of Greg Wojciechowski to its board of directors. Mr Wojciechowski, chief executive officer of the Bermuda Stock Exchange for the past 15 years, joined the BDA board this month. “On...

Six Bermudian university students have started the annual ten-week Chubb Select internship. The dedicated insurance internship aimed at Bermudian university students who are considering a career in Bermuda’s international insurance industry. The pro...

A study has revealed how the importance of embracing digitalisation is creating leaders and laggards across the business world. Sponsored by XL Catlin, the Harvard Business Review Analytic Services study, entitled Operationalising Digital Transformat...

A Bermuda wine merchant is launching a summer rosé — with a distinctive island flavour. Two Rock Wine Company will tomorrow unveil Raft Up Rosé, complete with a label featuring a painting of a typical Bermuda raft up by island artist Jonah Jones. Mat...

Financial services holding company Somers Ltd today rose 50 cents to $13 on The Royal Gazette/BSX Index. The move, equal to 4 per cent, came after 212 shares changed hands. The Bank of Butterfield was unchanged at $34 after 1,900 shares traded. And u...

Commitment. In any endeavour, one must be fully committed to the task at hand and direct all of their knowledge, energy and skill to ensure that one moves forward. A goal is really just another definition of a “finish line” and, as in any race, one ...

Stress can be good for us — if we adopt a positive attitude towards it. That is the view of Kelly McGonigal, health psychologist, management lecturer and award-winning author, who was speaking at a major human resources conference in Atlanta. Dr McGo...

Businessman Allan Marshall is the third member of the island branch of the Institute of Directors to achieve chartered director status. He said: “Achieving the chartered director designation has been a goal of mine since I became a member of the of t...