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The RG/BSX Index finished 151.58 points (6.36 per cent) higher for the week at 2,382.30, after advances led gainers two to one on the Bermuda Stock Exchange. Bank of N.T. Butterfield Ltd. (10 per cent on 687 shares) and LOM Financial Limited (6.8 per...

Back in March 2020, Kyra-Lee Van Putten and boyfriend Jamal Woodley found themselves stranded together in Canada during the pandemic. “It was my birthday and Jamal came up to visit me in Toronto, where I was in school,” she said. “Then Covid-19 hit a...

Rebounding tourism and strong consumer spending is keeping Bermuda's economy moving in the right direction, according to newly released first-quarter figures. But there were some negatives in the financial picture. According to Jason Hayward, the eco...

HSBC Bermuda will be raising its base lending rate on residential mortgages and consumer loans for the first time since 2019. Effective October 4, it will raise its base rate for Bermuda dollar residential mortgages and consumer loans by 0.50 per ce...

Giovanni Hollis, a Bermudian university student, has been awarded the 2022 BFIS CG Insurance Alan Peacock Scholarship. The award is valued at $25,000 for two academic years, totalling $50,000. Mr Hollis is a junior at Northeastern University, pursuin...

Sarah Medeiros is the recipient of MJM Limited’s 2022 Legal Scholarship. Ms Medeiros was awarded the scholarship to a value of $10,000 to assist with her legal studies. The 2021 graduate of Mount Saint Agnes Academy is currently furthering her studie...

Apex Group Ltd, the Bermudian-based global financial services provider, has closed the £1.5 billion acquisition of Sanne Group plc, a leading global provider of alternative asset and corporate services. The close of the Sanne acquisition positions Ap...

Bermudian-registered Nabors Industries Ltd has recorded a net loss from continuing operations attributable to Nabors shareholders for the second quarter of $83 million. This compares to a loss of $184 million in the first quarter for the energy drill...

Convex Group Limited, the Bermudian-based international specialty re/insurer, has acquired a strategic 7.7 per cent share in Quotech, the underwriter-led insurtech that creates practical systems for specialty insurers, brokers and MGAs. Quotech annou...

The RG/BSX Index remained unchanged at 2,382.30 after no trading on the Bermuda Stock Exchange for the day. The Bank of N.T. Butterfield & Son Limited finished the day at $33.18, up 17 cents (0.52 per cent) on the New York Stock Exchange.