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Two young Bermudians have launched their legal careers as trainee solicitors with the London office of the international law firm, Kennedys. Katherine Freisenbruch and Alex Cooper will spend two years learning the practical aspects of the profession ...

The Bermuda Business Development Agency had a direct economic impact on the island’s economy of $26.3 million in 2017, according to a PwC independent impact study commissioned by the public-private agency. Of that amount, an estimated $23.5 million w...

Bermudian-based start-up Quantex Ltd has formed a partnership with the developer of what has been described as “the world’s fastest exchange matching engine”. The link-up with Modulus, which has been providing trading software to clients around the w...

Bermudian fintech start-up Laureate Digital Securities is to partner with AlphaPoint to power its planned digitisation, investor portal, and secondary trading. Laureate, which in September announced its intention to set up its headquarters on the isl...

Cybersecurity firm QuoVadis is to be sold by its Swiss owners to US company DigiCert. QuoVadis, which was founded in Bermuda in the late 1990s, was bought by WISeKey International Holding Ltd last year. Today WISeKey announced it had “executed a non-...

LONDON — The UK renewed its attack against offshore tax evasion with plans to publish a new compliance strategy around the overseas entities that wealthy individuals use to conceal their assets. The move “will build on the substantial progress the UK...

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...