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The grass is not being allowed to grow under Bermuda’s ambitions to be a leading global player in the world of digital currencies and blockchain technology. Legislation related to ICOs, or initial coin offerings, is in train and is expected to be pr...

Kane LPI has appointed Alain Fournier as head of fund administration services. Based in the firm’s Bermuda head office, Mr Fournier, a 15-year veteran of the industry, will be responsible for all aspects of the management of the life, pension and inv...

Michael Dunkley is to speak at a conference on a panel alongside the head of the group that released the Paradise Papers last year, as well as one of the journalists who reported on it. The former Premier of Bermuda will feature in a session at Offsh...

Bermudian technology start-up Trunomi has raised $3.5 million from investors to fund its expansion. CloudScale Capital Partners, a venture capital firm based in California’s Silicon Valley, said today that it participated in Trunomi’s latest round of...

Bermudian-headquartered Bacardi Ltd has promoted Vijay Subramaniam to the role of managing director — Asia Pacific, the Middle East and Africa. He joined the company in 2013 and was managing director of India, a position that was enlarged to include ...

LOM Financial gave away $25,000 to charity at an event to mark its 25th anniversary. Around 200 people turned out at the event on Friday evening and all the guests were given the chance to vote for their favourite charity. The winning charity was Fri...

Bermuda’s bid to attract blockchain and cryptocurrency technology companies to the island has been a talking point in Davos, Switzerland this week. The town is hosting the World Economic Forum, which is attended by presidents, prime ministers and man...

Bermuda has reason to share the optimism of business leaders around the world and focus on the opportunities that global economic growth is bringing. That is the view of Arthur Wightman, PwC Bermuda leader, who was speaking after PwC’s global survey ...

A peer-to-peer social sports and gaming website has chosen Bermuda as the jurisdiction to set up its new blockchain-based token, iCash. Purchasers of the token, which will be launched soon, will be able to access the website FaceOff, which plans to a...

Somers Ltd, the financial-services investment holding company that owns Bermuda Commercial Bank, said yesterday that it repurchased 600 of its own shares during December. The average cost was $14.50 per share, the company said in a filing with the Be...