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The Royal Gazette/BSX closed up 4.88 points, or 0.42 per cent, at 1,170.48. The sole trading was in insurance company BF&M, which was up 65 cents, or 4 per cent, at $17 after 1,200 shares traded. The BSX Insurance Index ended the day up 2.74 points, ...

Clarien Bank is to receive a cash injection of $12.6 million from its sole shareholder Edmund Gibbons Ltd and a Canadian private-equity firm. The investment will enable Clarien to exceed the tougher capital regulatory requirements of the Basel III st...

Dear Dave, My husband and I are just starting to get control of our finances, but we have a problem. My dad has a habit of expecting us to buy things for him. I know he has money, but anytime he knows we’re going to the store, he gives us a list of t...

A deal that will see Atlantic Tele-Networks, the American telecommunications company, take a controlling interest in KeyTech has passed one of its last hurdles, with the Regulatory Authority of Bermuda granting approval. That decision now goes to Gra...

NEW YORK (Bloomberg) — A subsidiary of Bermudian bond insurer Assured Guaranty Ltd agreed to acquire CIFG Holding Inc in a $450 million cash transaction that will add $5.6 billion to the company’s insured portfolio. The deal, expected to be completed...

A Bermudian couple has turned a lifestyle into a business — and Mr Organic is going from strength to strength. Preston Ephraim, who runs the firm with wife Megan, branched out into the green foods market through his job as a nutrition and lifestyle c...

Public-private partnerships to rebuild crumbing infrastructures are becoming the norm around the world, an expert from professional services firm KPMG said yesterday. Josh Hjartarson, based at KPMG’s Toronto office, said that public-private co-operat...

A total of 18,400 shares in the Bank of Butterfield worth $30,176 yesterday were traded on the Bermuda Stock Exchange today. The bank’s share price was unchanged at $1.64. The Royal Gazette/BSX Index was also closed unchanged at 1,165.60. The BSX Ins...

A new restaurant specialising in fries with a twist is set to open tomorrow. FryDays is the brainchild of store owner Mstira Weeks, chef Janelle Williams and a silent investor. The new food outlet is located in the former East Meets West restaurant i...

Bermuda’s delegates at the the Risk and Insurance Management Society annual conference and exhibition in San Diego, California have enjoyed a productive time. The high-profile team included Michael Dunkley, the premier, and Minister of Finance Bob Ri...