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Two former executives of collapsed oil company Afren were sentenced to a combined total of 30 years in prison yesterday for fraud and money-laundering offences after they received millions of dollars in secret payments through a Bermudian-based entit...

Carey Olsen Bermuda has lured Ashely Fife from Appleby to join its trusts and private wealth practice. Admitted as a solicitor in England and Wales, Bermuda and Australia, Mr Fife specialises in advising clients on the creation, management, restructu...

Uulala, a fintech company with a social mission, has become the first applicant to win approval to launch an initial coin offering in Bermuda under the island’s new regulatory regime. The announcement was made at the Bermuda Executive Forum in Miami ...

Asset-management firm Alpha Innovations Ltd has picked Bermuda as the home for its headquarters. Alpha wants to reduce risk and fees for investors and achieve operational efficiency through innovation and the use of blockchain technology. Lawrence Ne...

About 200 people attended a full-day forum in downtown Miami today organised by the Bermuda Business Development Agency. The event featured thought-leadership discussions ranging from reinsurance, trusts and high-net-worth services to new blockchain ...

Fireminds, the Bermudian-based technology consulting firm, has teamed up with GTT to introduce cloud services in Guyana. Through this partnership the Guyana Data Centre has been launched, offering GTT clients cloud services including managed IT, disa...

David Burt, the Premier, met in New York this week with representatives of banks that may be interested in providing services to Bermuda’s budding fintech sector. The island’s banks have shied away from fintech start-ups, prompting the Government to ...

An international private jet charter firm has announced the opening of its Bermuda office in Hamilton. New York-based Star Jets International, Inc, will set up its operation in Melbourne House, on Parliament Street. Marc Bean will lead the operation...

Many fintech entrepreneurs are interested in having a presence in Bermuda, according to a lawyer who is advising them. Stephanie Sanderson, a partner and head of technology and innovation at BeesMont Law, is crediting the regulatory framework set up ...

The managing director of the Bermuda office of spirits giant Bacardi will be the keynote speaker at this month’s Bermuda Executive Forum in Miami, organised by the Bermuda Business Development Agency (BDA). Douglas Mello, a Bermudian, who also serves...