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Butterfield Bank shareholders have approved a proposed ten-for-one reverse share split. At a special meeting held today the proposal was approved with the requisite number of votes. Ordinary shareholders will receive one new ordinary share for every...

Emerging and non-traditional risk is the theme of the 2016 Alarys Congress in Bermuda. The conference takes place next month at the Hamilton Princess, and it is expected to attract more than 100 delegates. The biennial three-day conference is geared ...

A Bermuda student has won a $7,500 scholarship from an island legal firm. Former Saltus Grammar School pupil William Finnerty, entering his second year of a law degree at Exeter University in England, picked up the award from Taylors, in association ...

Shares valued at more than $1.7 million traded on The Royal Gazette/BSX Index last week. The biggest gainer was Bermuda Press (Holdings) Ltd, the parent company of The Royal Gazette, which saw its shares jump $1.70, or 32.1 per cent, to close at $7 a...

A twin to a new multimillion dollar block of apartments is set to rise on Pitts Bay Road in Pembroke. Harrichand Sukdeo, chief financial officer for property investment firm West Hamilton Holdings, said that the success of the new Belvedere Apartment...

Bermuda firm Barrington Investments has been slapped with a $50,000 fine by the Bermuda Monetary Authority for regulatory breaches. And the financial services regulator has restricted the company from taking on additional business until it gets its h...

Shares of Ascendant Group rose 10 cents, or 1.8 per cent, to $5.70 after 10,000 were traded on The Royal Gazette/BSX Index. Also rising was Argus Group Holdings, improving five cents, or 1.3 per cent, to $4.05 after 370 shares changed hands. Butterfi...

Dear Dave, What is your opinion on paying cash for a “tiny house”? WES Dear Wes, This may be a really un-hip or uncool thing to say, but I wouldn’t buy a tiny house at all. Paying cash for something like that might make the mover smarter, but that st...

The deadly earthquake that struck the Umbria region of Italy this week is not expected to trigger the Azzurro Re catastrophe bond. More than 240 people were killed when the 6.2-magnitude quake hit the area, 65 miles northeast of Rome, on Wednesday mo...

Cheating death inspired American businessman Dieuveny Louis to celebrate life with his Toast Vodka brand. Now the Florida-distilled spirit is the official vodka of the Louis Vuitton America’s Cup and his company, in the spirit of collaboration, has l...