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Utilities group Ascendant dropped 35 cents to $7.15 on The Royal Gazette/BSX Index. The fall, equal to 4.7 per cent, came after 600 shares traded. Insurance firm Argus went up 14 cents, or 3.2 per cent, to $4.54 after 1,300 shares sold. Fellow insure...

Disruptive technologies, such as blockchain, present both threats and opportunities for financial services businesses in Bermuda. And the island must stay strong to keep its relevance in global capital markets. That is the belief of Arthur Wightman, ...

Hot on the heels of the Bermuda Marathon Weekend, a new running programme is being launched at Beyond Fitness Bermuda. It is aimed at beginners who are inspired to improve their fitness and run in a 5K event in April. Since opening just over two year...

Butterfield Bank has completed the orderly wind down of its London-based private banking business and discontinued its deposit-taking and investment management services in Britain. It will continue to provide a high-net worth residential mortgage ser...

The Royal Gazette/BSX Index closed unchanged at 1,937.96. The sole trading of the day was in Bank of Butterfield, which was unchanged at $31.50 after 3,325 shares traded. On the New York Stock Exchange, the bank was up 54 cents, or 1.70 per cent, at ...

OneBeacon Insurance Group is said to be exploring a sale, and there is speculation it could prove attractive to a US buyer if that country’s tax rates are lowered in the near future. Alternatively, it could be an target for a Bermudian-based insurer ...

Clarien Bank has been named Best Wealth Management Provider in Bermuda by World Finance magazine. The bank was one of 40 financial institutions to be honoured. “We are very honoured to receive this prestigious award and recognition of the unique se...

Despite challenging conditions, the LOM Fixed Income Fund outperformed its stated benchmark in 2016, and kept its five — star rating from Morningstar. The Hamilton-based company noted a sharp fixed income market sell-off accompanied by a Fed rate hik...

Web development and graphic design enterprise Advanced Services have moved in to the Connectech co-working space in Hamilton. George Botelho and his wife Ritu formed Advanced Services in 2008 and have been operating from a home office until now. The ...

Private businesses could be affected by the Public Access to Information Act, designed to give rights of access to records held by government bodies. Now the Bermuda Chamber of Commerce is to hold a special seminar aimed at outlining how Pati could i...