Log In

Global financial services provider, Apex Group Ltd. has a deal on the table proposing to acquire New Zealand’s leading provider of investment administration services, MMC. The transaction to take over MMC is subject to customary conditions (including...

The RG/BSX Index fell 26.82 (0.96 per cent) to close at 2,756.01 as just one issue traded. Bank of N.T. Butterfield Ltd was off by 50 cents (1.2 per cent), closing at $40 after 488 shares ($19,405.60) changed hands. On the New York Stock Exchange, th...

A Supreme Court judge has granted a struggling bakery business time to pay a series of debts owed to five former employees. Puisne Judge Larry Mussenden on Friday heard a submission by lawyer Marc Daniels, representing Cake Shop Limited, that his cli...

CrossTower Inc, the crypto and digital asset exchange with an office in Bermuda, has introduced the G-Coin digital gold token for its American customers. Unlike cryptocurrencies, the company said, the G-Coin token is a digital title of ownership to 9...

Two companies with a Bermuda presence have participated in the $110 million Series E investment round of Lukka, the enterprise crypto-asset software and data provider. The company said the $110 million round values the company at more than $1.3 billi...

A Bermudian-based high net worth life insurance provider has won two prizes at the 12th Benchmark Wealth Management Awards 2021 in Hong Kong. Transamerica Life (Bermuda) Ltd won the Outstanding Responsible Insurer award and Best-in-Class — Universal ...

As business owners, Greg Hopkins and Paulo Medeiros have survived some hard times. They opened the Winners Edge bike shop during the 1992 recession, and rode out another recession a few years later. Still, the duo call their challenges during the pa...

Covid has struck a second branch of HSBC Bank. The Church street branch has been closed for days, with no indication when staff will be allowed to return to work. And the bank said Sunday that the Somerset Branch will now also be closed until Wednes...

The inaugural Bermuda Climate Summit, scheduled to be held next month, has been postponed until May 24 due to global complexities related to the ongoing coronavirus pandemic, the Bermuda Business Development Agency announced on Friday. The BDA, along...

As we embark on a new year, it is a great time for regulated financial institutions to turn their focus to planning ahead for annual regulatory requirements. One such obligation is the independent AML audit. The AML audit was introduced as an annual ...