Log In

US companies that make billions of dollars from patents and other intellectual property held offshore would be eligible for a special 12.5 per cent tax rate on those earnings under the Senate tax plan. That’s a potential “gold mine” for some multinat...

Payments technology company First Atlantic Commerce has expanded its online card-processing services across Central America. The Bermudian-based payment gateway can now offer payment solutions to merchants in Costa Rica, Honduras, El Salvador, Guate...

LOM Financial Ltd has bought a building to host its Bahamas office. And Scott Lines, the company’s chairman and chief executive officer, believes that smaller boutique financial-services firms like LOM can gain market share as larger players withdraw...

Leading figures from international business have come out in Bermuda’s defence after a blitz of unfavourable media coverage based on hacked data from law firm Appleby. The group, which includes Patrick Tannock, chairman of the Association of Bermuda ...

Fund administrator Centaur Fund Services (Bermuda) Ltd has appointed Neil MacGuinness as head of investor services. Mr MacGuinness has previously worked for Citi Hedge Fund Services and Horseshoe Fund Services in Bermuda, and State Street in Dublin. ...

Bermuda Monetary Authority hosted the Financial Stability Board’s (FSB) Regional Consultative Group of the Americas’ (RCGA) Shadow Banking Workshop. The workshop took place at the Hamilton Princess last week. Marcelo Ramella, deputy director of finan...

E-sports company Unikrn Bermuda Ltd has made the island’s first cryptocurrency launch. Unikrn describes itself as a “regulated e-sports betting platform” and its freshly launched cryptocurrency is known as UnikoinGold. Bermudian law firm Conyers was ...

LONDON — Glencore Plc could face renewed scrutiny of its business in the Democratic Republic of Congo after confidential information was released in the data breach of a Bermudian-based law firm, according to people familiar with the matter. The docu...

EY’s Bermuda office has made three senior management appointments. Cordelia Davis is now partner in the insurance practice, and Kerr Kennedy was promoted to executive director in EY’s technology practice. In addition, Steven Napier has joined EY’s T...

Butterfield Bank will have a presence in two new jurisdictions next year when it completes its planned acquisition of Deutsche Bank’s Global Trust Solutions business. Of particular note is the expansion opportunity into Singapore. Asia is viewed as a...