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An investment company which manages more than $300 million of assets has established its operational headquarters in Bermuda — and is now seeking to make a substantial investment in an Island firm. Edelweiss Holdings Ltd focuses on wealth preservatio...

The BDA will join Bermuda trust industry experts at the Step Asia Conference in Singapore this week, building on the Island’s long-time links with business from the East. The November 11 to 12 conference, hosted by the Society of Trust & Estate Pract...

The District of Columbia has done a U-turn on a controversial list of tax havens that included Bermuda. The municipality of Washington DC has repealed the 39-jurisdiction list only a week after it came into effect. The Island was included on the list...

A Bermuda-based property developer is to join forces with a Qatar investment firm in a massive $8.6 billion development in New York. Brookfield Property Managers has teamed up with the Qatar Investment Authority (QIA) to develop a five building, seve...

Bermuda-based shipping company Teekay Tankers Ltd saw its profit rise in the third quarter as spot charter rates for its oil and gas tankers increased. Teekay, which owns 51 tankers of various sizes, reported net income of $41.2 million, or 30 cents ...

A Bermuda tech firm has teamed up with an international software company to provide free cyber-security checks for Island businesses. CheckPoint Software Technologies, based in Israel and the US, has joined up with Hamilton-based Independent Consulti...

Bermuda global law firm Appleby shut its London office because of a “rationalisation of resources” ahead of a management buyout of its fiduciary business. Appleby said it had examined the need for a London presence for some time due to the closeness ...

Kathy Garrigan has been appointed as senior vice-president and head of actuarial services at Horseshoe Group. She will be responsible for all pricing and reserving advisory activities for the Horseshoe group of companies. In a statement, the company ...

Akiko Maeda has notched up a first at global drinks giant Bacardi. She has become the first head of fashion at the firm, and she aims to create a fusion of premium drinks and high fashion to boost the company’s brand portfolio. “I get to cut across a...