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The Bermuda Government’s bid to set up a limited liability companies framework has been welcomed by professionals. Grant Gibbons, the Economic Development Minister, tabled legislation to allow LLCs as a new commercial structure on the island in the H...

Law firm Conyers, Dill & Pearman has scooped a top award for private client and trust work. The company has been ranked in Band 1 in the high-net-worth guide by prestige British legal publishers Chambers & Partners. CDP was the only Bermuda company r...

An estimated 250 asset management professionals and investors are expected to travel to Bermuda later this year for the first World Alternative Investment Summit Bermuda (WAIS Bermuda) at the Fairmont Southampton Resort. Slated for September 28 to 30...

PwC has appointed a new head for the Caribbean area. Frazer Lindsey has been appointed CEO of PricewaterhouseCoopers Caribbean region, which includes Bermuda, replacing Bermudian Darren Johnston, who will move to another role in the professional serv...

An island delegation is flying the Bermuda flag at a major shipping conference in Greece. The Department of Marine Operations, with the Bermuda Business Development Agency, businesspeople and the shipping industry, are at the Posidonia International ...

A major conference for transcontinental trusts specialists is to return to Bermuda next year. Organisers of the Transcontinental Trusts International Forum said two previous events had been successful with growing numbers attending. David Gold, comme...

The Premier will today ring the closing bell at the New York Stock Exchange. Michael Dunkley has been invited to perform the traditional afternoon ceremony at the world-famous exchange after he takes part in a major conference on disaster recovery in...

Drinks giant Bacardi has launched a fresh salvo in a rum war with Cuba. For Bacardi is to mount a major marketing push for its Havana Club brand — a trademark whose ownership is disputed with the Communist regime in Cuba. The trademark originally bel...

Bermudian insurance firm Argus aims to acquire a Maltese broker in a bid to diversify and expand its global reach. Alison Hill, chief executive officer of Argus, said the firm is to acquire Island Insurance Brokers on the Mediterranean island. Ms Hil...

Bermuda Commercial Bank has defended its standing after it was downgraded by a ratings agency. Debra Shields, BCB’s interim chief executive officer, said the bank had been strengthened by its acquisition of UK-based Private & Commercial Finance Group...