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Bermuda was among offshore jurisdictions that came under the spotlight in an undercover probe by a charity into the movement of suspect funds into the US. An investigator from charity Global Witness, backed by Christian Aid, posed as the representati...

More than two-thirds of insurance company CEOs see technology as an opportunity, but also as a threat. Changing customer expectations means that data and analytics and relationship management systems are seen as ways to boost business. But nearly 80 ...

The Royal Gazette/BSX Index edged down 1.79 points, or 0.14 per cent, last week to close at 1,218.39. A total of 71,506 shares traded, valued at $147,668. Falling were HSBC Holdings, which lost 35 cents, or 5.3 per cent, to close at $6.25 after 1,319...

Fidelis Insurance, a Bermuda start-up, has recruited an executive from Aspen Insurance Holdings to be its group general counsel. Patricia Roufca will work from the Fidelis office in London, which was established in June 2015. At Aspen Insurance, anot...

The Royal Gazette/BSX Index today closed unchanged at 1,218.39 after a day of no trading. The BSX Insurance Index was unchanged at 1,631.83, as US markets were closed for the President’s Day holiday.

The Bank of Butterfield is to close its London private bank. The bank said that the British-based Butterfield Private Bank’s “scale and scope were not consistent with Butterfield Group’s growth strategy”. A spokesman for the firm said that it would m...

Dear Dave, What is your opinion of churches encouraging members to do e-giving with credit cards and debit cards? MELISSA Dear Melissa, I’m against debt, so I’m not particularly fond of churches asking people to use a debt vehicle to pay their tithes...

Big things are under way at Coral Coast Clothing as business partners Sam Outerbridge and Adam Petty seek to expand the company’s range of offerings and gain a foothold in overseas markets. The luxury men’s apparel company has come a long way since i...

The downgrading of Bermuda Commercial Bank by a ratings agency was yesterday criticised by Peter Horton, the bank’s chief executive officer. Mr Horton said that the decision by Moody’s to lower the credit rating of BCB after it bought up 75 per cent ...

NEW YORK (Bloomberg) — American International Group posted its second-straight quarterly loss, adding to pressure on chief executive officer Peter Hancock, who lifted the dividend and announced a $5 billion share buyback as he fights demands from act...