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KPMG Bermuda and one of its managing directors have been fined and censured by the Public Company Accounting Oversight Board, the firm’s regulator for the audits of American public companies. KPMG has been fined $250,000 while Damion J Henderson, who...

Bermudian-based Velocity Ledger Holdings Ltd has been approved to conduct an initial coin offering, or ICO, by the Ministry of Finance. One of VLHL’s subsidiaries, VL Financial, wants to launch a digital asset exchange in Bermuda that would support...

Bermudian-based Bacardi Ltd has been named among the most reputable companies in the world for a seventh consecutive year. The annual Global RepTrack 100 list is compiled by the Reputation Institute and published in Forbes magazine. Bacardi is ranked...

A Bermuda delegation attending a high-profile conference for the global submarine cable industry this week will promote the island as a strategic Atlantic landing hub for fibreoptic corridors. SubOptic, a triennial event being held from today through...

Bermudian-based Apex Group Ltd has announced that Gareth Smith has joined as head of Channel Islands to manage the Group’s expanding operation and client service delivery across Jersey and Guernsey. Mr Smith, a chartered accountant, joins Apex from ...

Jessica Merz has been appointed Bacardí Ltd’s director of global external corporate communications. Based in Coral Gables, Florida she will be responsible for the management, development and execution of the company’s narrative across traditional me...

Nearly 80 per cent of banking CEOs see skills shortages supporting digital transformation as a threat to growth prospects. Their ability to innovate effectively and provide a winning customer experience is suffering as a result. These are the findi...

Bermudian-based digital asset exchange platform Ultra has revealed a new conservation finance mechanism. Ultra Reserve, a new financial token tool for forest and wilderness conservation, was unveiled at the Grounded Summit, a solutions-oriented gathe...

Omega Dark will become Bermuda’s first licensed cryptocurrency exchange. David Burt, the Premier, announced this month in the House of Assembly, that the exchange’s parent company, Omega One was to receive its digital asset business licence. The comp...

Dave Wilson, global president and chief operating officer of Patrón Spirits International and The Patrón Spirits Company, retires on Monday, a year after the merger with Bermudian-based Bacardí Ltd. Pete Carr, president, Bacardí North America, will t...