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A Bill seeking to update definitions and correct fee structures incorrectly stated in the Bermuda Monetary Authority Act 1969 was passed in the House of Assembly. The Bermuda Monetary Authority Amendment (No 2) Act 2022 seeks to amend the act to upd...

Mandarin Oriental International Limited is selling the luxury and iconic Mandarin Oriental, Washington DC, for some $139 million with a post-tax, non-trading gain of approximately $45 million to be recognised in 2022, according to a filing with the B...

Lawyers from Appleby’s Bermuda, Cayman Islands and Jersey private client and trusts practices have received high rankings in the recently released 2022 High Net Worth Guide by Chambers Global. Sources highlighted the firm’s abilities to deal with com...

For the seventh year in a row, Conyers has received the ranking of Band 1 for its offshore trusts practice in Bermuda in Chambers High Net Worth 2022. Conyers is described in the current guide as “respected by sources for its ability to advise on hi...

Carey Olsen Bermuda Limited has again been ranked as a Band 1 firm for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide, according to a statement from the company. The firm also said that ...

A global leader in corporate and fiduciary services, fund administration and capital markets that is based in Bermuda has been recognised for its significant impact in the private client sector. Ocorian was named 2022 Private Client Trust Company of ...

Bermuda-based Apex Group Ltd has acquired the technology platform and conference business of Context365 LLC, a provider of technology and events that connects alternative asset class investors with high-quality asset managers. Apex said Context365 co...

One third of respondents to a global workforce survey plan to ask for a raise in the coming year, and one in five are very likely to switch employers

VSS Capital Partners, the New York-headquartered private investment firm investing in healthcare, business services and education, has added W. Preston Hutchings as senior adviser. Leveraging his three decades of senior insurance, investment managem...

Uber Technologies Inc routed a portion of company wide profits through a Bermuda subsidiary in a complex corporate tax structure to cut its tax bill, which their European lobbyist saw as the company’s weakest link. Executives had observed the weight ...