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Richard Winchell is to retire from the Association of Bermuda International Companies. He was the first executive director of Abic and has served since the beginning in 2006. Mr Winchell will formally vacate the post at the end of the year. He has s...

Bermudian-based AK Jensen Group, the provider of turnkey trading and infrastructure solutions for fund managers, has closed the acquisition of FMG Malta Ltd, a full-scope alternative investment fund manager for both traditional and crypto hedge funds...

Bermudian-based Nabors Industries Ltd has added to its clean energy portfolio with an $8 million investment in GA Drilling, the geothermal technology company with headquarters in Bratislava, Slovakia. The company said this strategic investment expand...

Centaur Group, the Irish-headquartered global fund administration and fiduciary services provider with an office in Bermuda, is to become part of Waystone Group, an institutional provider of services to the asset management industry. The deal is subj...

Global Cloud Xchange, the Bermudian-based submarine cable network owner/operator, has expanded its partnership with digital infrastructure company Equinix. GCX said the deal provides its customers with enhanced route diversity and availability of its...

A damning “indictment” of the business dealings of Credit Suisse bank follows a Supreme Court judgment in which more than half a billion dollars were at stake and where the court found fraud in policy accounts that the bank’s Bermuda subsidiary held ...

Oligarchs now facing sanctions and the discomfort of seeing their luxurious lifestyles thrown into the spotlight may be disconcerted to recall that one of their alleged number, just four months ago in a Bermuda Court, vividly described his rise to di...

Apex Group Ltd, the Bermudian-based global financial services provider, in partnership with the Digital Leadership Forum, has announced the launch of the Financial Services Disruptor Forum powered by Apex Group. Conceptualised and driven by Apex Grou...

Walter Roban is to deliver a keynote address at next month’s Island Finance Forum. Mr Roban, Bermuda’s deputy premier and home affairs minister, will do so in a forum session on exploring insurance and capital risk. The session will take place on Apr...

Billionaire and former Prime Minister of the Caucusus nation of Georgia, Bidzina Ivanishvili, won a half billion-dollar lawsuit in Bermuda’s Supreme Court today in a legal battle that pitted him against Swiss banking giant subsidiary Credit Suisse Li...