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Economic theory is rooted in the assumption that people generally behave rationally when they make financial decisions — but in reality, it seems we don’t. Companies that strive to understand humans’ irrational quirks will be better positioned to sel...

Three senior staff at law firm Conyers Dill & Pearman have been recognised on an annual leaders list. And Estera group director Rory Gorman has been recognised on the same list, with a place on the Trustees Honours List. Alec Anderson, global head o...

A former Customs officer has a new duty — with law firm MJM. Jordan Knight, who left HM Customs to study law in England, has signed up with the firm’s dispute resolution team as an associate after serving part of his pupillage at MJM. Alan Dunch, dir...

A luxury home in exclusive Tucker’s Town with a list price of more than $13.9 million owned by the widow of a late billionaire oil and gas tycoon is set to be sold. Winsor House, set on a cliffside estate, is owned by Katie McClendon, an heiress of t...

Bermudian-based tech start-up Trunomi has raised $3 million in its latest round of seed funding. The company, which is led by founder and chief executive officer Stuart Lacey, has created technology that can simplify the process of sharing personal d...

The Bank of Butterfield fell 25 cents to $23.50 in Bermuda Stock Exchange trading today. The drop, equivalent to 1.1 per cent, came after 17,300 shares sold. The bank’s price on the New York Stock Exchange rose 2 cents or 0.08 per cent to $24.05. Uti...

American International Group, Hamilton Insurance Group (Hamilton), and affiliates of Two Sigma Investments, LP today announced they have reached agreement to form Attune, a technology-enabled platform to serve the $80 billion US small to medium-sized...

Unconscious bias drives company bosses to pick employees who are most like them, insurance industry veteran Brian Duperreault was scheduled to tell a conference in London today. Mr Duperreault said that managers had to find a way to deal with innate ...

NEW YORK (Bloomberg) — Coca-Cola Co, the largest maker of soft drinks, said Evan Greenberg is stepping down from the board to focus on his duties as chairman and chief executive officer of insurer Chubb Ltd. Greenberg, 61, is resigning effective Octo...

The Bermuda mansion owned by Hollywood superstars Michael Douglas and Catherine Zeta-Jones is up for sale with a price tag of more than $10.6 million. Mr Douglas is the son of Diana Dill, a Bermudian who became an actor and model in the US and who di...