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Having assisted the community to the tune of $1.6 million last year, KPMG in Bermuda is not resting on its laurels. The organisation has laid out its intentions and commitments for the future, including its role in the community, and helping to prot...

EY has boosted its team in Bermuda with the appointment of restructuring professional Mike Penrose. He has joined the EY region of the Bahamas, Bermuda, British Virgin Islands and Cayman Islands, and will be based in Bermuda. He will focus on restruc...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has announced completion of a $725 million offering of fixed rate, asset-backed notes. The company said the $690.1 million Series 2021-1 Class A No...

Digital asset businesses are innovative, revolutionary and exciting. Each with their own unique offering, they present an opportunity to authenticate, validate, store, transfer, securitise and trade digital assets, such as cryptocurrency at lightning...

The Ontario Securities Commission has applied to a court for the continuation of a freeze on certain assets controlled by Troy Hogg, a founding figure of Bermuda-registered cryptocurrency exchange and mining company Arbitrade Ltd. The Commission is i...

Bermudian-registered shipping and logistics company Ocean Wilsons Holdings Ltd reported profits after tax dropped 21.3 per cent or $13 million to $48 million in 2020, principally due to the impact of foreign exchange losses and increased income tax. ...

Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda. Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in ...

Bermuda-based Borr Drilling Ltd. last week reported a loss of $46.7 million in its fourth quarter. On a per-share basis, the company said it had a loss of 22 cents. The Associated Press said The oilfield services company posted revenue of $60.2 milli...

Stories in the aviation press that four former British Airways 747 aircraft have been registered in Bermuda are wide of the mark, the head of the island’s Civil Aviation Authority revealed. Thomas Dunstan, director-general of the BCAA, said: “We are ...

Caribbean business leaders see cyber-risk as their top threat, according to PwC’s newly released Global CEO Survey. The survey polling 5,050 chief executive officers, worldwide, across January and February 2021, found that cyber has fast become a maj...