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Bermuda could be in line for a new name in banking, it was revealed yesterday. The news came after a round-table discussion on the state of the Bermuda captive market at the record-breaking Bermuda Captive Conference. Ross Webber, CEO of the Bermuda ...

Shares of telecommunications firm KeyTech Ltd fell 15 per cent in Bermuda Stock Exchange trading last week. However, The Royal Gazette/BSX Index still managed to eke out a gain, thanks to a 1.2 per cent gain for Butterfield Bank stock. US firm Atlant...

Financial services investment firm Somers Ltd logged a loss of $1.7 million for the first six months of its financial year. The loss, covering September last year to the end of March, narrowed nearly $6 million from the same period in 2015. Somers Lt...

Bermuda’s significant contribution to the global economy makes it different from many of the other offshore jurisdictions it is often lumped in with. That was the message that Grant Gibbons, Minister of Economic Development, delivered to prominent fi...

An online shopping delivery service aims to take the strain out of grocery shopping. Kris Smith said she was inspired to set up her Go!ceries online service several years ago after finding it tough to go shopping with a small son. She added: “I hated...

Bermudian-based insurance manager Horseshoe has bought funds administrator Ikonic. The move will create a leading independent fund administrator and insurance manager with expertise in both insurance-linked securities and alternative funds management...

Bermuda’s architects are to hold a public meeting on a proposed new law governing the profession. The Institute of Bermuda Architects, the Architectural Association of Bermuda and the Architects’ Registration Council will join forces to talk about co...

BF&M Ltd made a profit of $7.1 million in the first quarter of this year, as the insurer saw income from premiums and investments rise. However, the profit was $1.1 million less than in the first quarter of 2015, as the effects of the company’s asset...

The Royal Gazette/BSX Index closed up 2.4 points, or 0.2 per cent, at 1,181.05. One hundred Bank of Butterfield preference shares traded, moving the share price up $25 to $1,075. And 2,500 shares of insurance firm Argus moved, with the share price up...

Dear Dave, My mom and dad have filed for bankruptcy and are on a fixed income of $2,200 a month. They gave up their house, and my wife and I helped them find an apartment. We’re also trying to give them other help while they’re getting back on their ...