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Bermuda notched up the highest number of merger and takeover transactions for five years in 2015. A total of 489 deals took place, with the combined value of $79.17 billion up 41 per cent up on the previous year and the largest percentage increase of...

Companies are set to shake up their organisation in a bid to meet the demands of global business. A major survey by professional services firm Deloitte found that nearly half of the firms involved had either begun restructuring or planned to do so. T...

If you take a staircase up to a first floor shop on King’s Square in St George’s, be prepared for a surprise. Because you will find an Aladdin’s cave of scrapbooking and crafting materials, and an impressive selection of party items — many of which c...

The Royal Gazette/BSX Index today closed down 22.81 points or 1.91 per cent at 1,174.17. The Bank of Butterfield was down 5 cents, or 2.9 per cent, to $1.65 after 10,798 shares traded. Utilities firm Ascendant was down 10 cents, or 2.2 per cent, at $...

HSBC Bank Bermuda Ltd said today its net profit rose to $87 million last year, boosted by sharp falls in loan impairment charges and operating expenses. The bank, which sold off much of its Cayman operations in 2014 and its private banking unit last ...

Traver Alexander has been promoted to a key role within the Association of Bermuda Insurers and Reinsurers. He has been appointed senior public policy and regulatory affairs representative for the organisation. Mr Alexander will continue to have resp...

Self-made billionaire Aubrey McClendon, who together with his wife owned vacation homes in Bermuda, died in a car crash in the US yesterday. The 56-year-old was killed in a single vehicle crash in Oklahoma City. His car hit an embankment under a bri...

Recent amendments to partnership legislation in Bermuda, effective in December 2015 (Amendments), allow for greater flexibility in how partnerships conduct business, thereby further strengthening the appeal of Bermuda partnerships for use in private-...

Jay Bullock, the chief financial officer at Hamilton-based Argo Group International Holdings, is to speak at an institutional investors event in Florida. The Raymond James Annual Institutional Investors Conference will be held at the JW Marriott Orla...

Designer Rene Hill has branched out into the wedding business. And she is set to stock some of the biggest names in dresses for the big day from top international designers, including New York-based Kleinfeld, the wedding store featured in the hit re...