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Dear Dave, I’m a recently retired widow, and my husband always took care of most of our finances. We never had any debt, but after starting to learn a little bit about how money works, I’m worried that there may be too much of it invested in CDs (cer...

Insurance firm Freisenbruch-Meyer will be back in its Front Street office by early next month. The office building suffered smoke and water damage last month as a result of a major blaze that gutted a neighbouring property. Company president Michael ...

From departure lounge nap stations to a post-security rooftop garden area, and even a produce-growing farm, innovations abound at JetBlue's home terminal in New York. The airline made Bermuda one of its early overseas destination choices 10 years ago...

American International Group may have turned a corner with its latest financial results, according to industry experts. They were speaking in the wake of the latest quarterly results from the insurance giant, the first since the company announced a s...

The Bank of Butterfield rose 2 cents, or 1.2 per cent, to $1.70 on The Royal Gazette/BSX Index. The move came after 19,000 shares in the bank traded. Butterfield announced on Thursday that it had filed for a proposed initial public offering of up to ...

A successful seminar that included a talk on cybersecurity and the US regulatory environment is to be followed up by a series of “lunch and learn” sessions. Oyster Consulting (Bermuda) Ltd, which last week ran a regulatory compliance workshop to disc...

Profits at Bermudian-based Assured Guaranty plummeted by more than $150 million in the second quarter compared to the same period last year. The firm yesterday posted net income of $146 million, down $151 million year-on-year. The latest profit figur...

Insurance and reinsurance giant XL Catlin has joined forces with international academics and computer experts to better track hurricane forecasts and the evolution of major storms. A new website, set up with the Barcelona Supercomputing Centre and Co...

The Bank of Butterfield rose three cents, or 1.8 per cent, on The Royal Gazette/BSX Index to close at $1.68. The move came after 29,502 shares changed hands. Utilities firm Ascendant Group was unchanged at $5.45 after 200 shares sold. The Royal Gazet...

Butterfield Bank has filed for a proposed initial public offering of up to $100 million to place its ordinary voting shares on the New York Stock Exchange. It is to ask shareholders to vote on the proposal, which calls for a ten-for-one reverse share...