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Multinational companies’ practice of booking profits in low-tax jurisdictions like Bermuda to avoid high corporate taxes elsewhere may become more lucrative as a result of the US tax reform. That was the finding of a Reuters report that highlighted p...

Omega One, an agency brokerage for cryptocurrencies, will open an office in Bermuda and has agreed to hire at least 20 Bermudians over the next three years. The New York-based company will also donate 10 per cent of a planned token sale to philanthro...

Triton International Ltd will host an investor and analyst meeting in New York City on May 31. The Bermudian-registered company is the world’s largest lessor of intermodal freight containers. This month the company reported first quarter adjusted net...

Law firm Carey Olsen Bermuda has appointed Cheri Minors as a senior associate in its trusts and private wealth practice. Ms Minors, who joins the firm after working as in-house legal counsel and group compliance manager for insurer Colonial Group Int...

Bermuda’s pioneering work to regulate the global blockchain industry was praised by delegates to one of the world’s largest cryptocurrency conferences, as New York celebrates “Blockchain Week”. David Burt, the Premier and Minister of Finance, accompa...

Somers Ltd’s first-quarter profits rose on the back of an increase in the value of the companies in which it invests. The financial-services holding company and owner of Bermuda Commercial Bank, said net income for the first three months of the year ...

Payment solutions provider First Atlantic Commerce is now available in Canada to Canadian online merchants. Bermudian-based FAC delivers customised and flexible online credit and debit card processing to businesses in the Latin American Caribbean Reg...

Bermuda has been at the forefront of innovation since survivors of the Sea Venture shipwreck settled our shores. Successor generations grew from strength to strength, finding ways to survive on an island with limited natural resources. The insurance...

Fund administrator Equinoxe’s Bermuda platform has been rebranded by its parent company as Apex Insurance Fund Services. The acquisition of Equinoxe Alternative Investment Services by Apex Fund Services was announced in May last year at the same time...

NEW YORK (Bloomberg) – It was the last day of the World Economic Forum in Davos and Wayne Caines, Bermuda’s national security minister, was about to head home after an exhausting week. But before leaving, he told a group of blockchain enthusiasts, “I...