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Roberto Ramirez Laverde has been appointed to the post of global SVP, Bacardi Rum

Bermuda’s Apex Group has expanded its footprint in Brazil

A mutual fund set up to invest in fine wines is to be wound up, the Supreme Court ordered on Friday. The Bermuda Monetary Authority said in a release that it had successfully petitioned the Supreme Court of Bermuda to wind up The Wine Investment Fun...

Global Cloud Xchange has signed a strategic agreement with Cambridge Management Consulting

Credit Suisse Group AG has revealed that it has paid $210 million to Georgian billionaire Bidzina Ivanishvili in a long-running legal saga, Bloomberg has reported. Bloomberg said last month the bank had paid in the sum “over time for the proceedings ...

24 Exchange, the multi-asset trading platform, set a record for average daily FX NDF (foreign exchange non-deliverable forward) trading volume in February, the organisation announced. The company said it processed $1.49 billion in average daily FX ND...

Digicel has reached an agreement in principle with a committee of its creditors, which will reportedly see it swap debt for equity

Carnival Corporation & plc has successfully arranged a new forward starting $2.1 billion multi-currency revolving credit facility, which was issued by its subsidiary Carnival Holdings (Bermuda) II Limited. The company said the new revolver will repla...

Bittrex Global has announced the strategic integration of Euro Coin,

British Steamship Protection and Indemnity Association Bermuda Ltd is being wound up after a successful petition to the Supreme Court by the Bermuda Monetary Authority. The company, which was registered as a Class 2 insurer by the BMA in 2010, offer...