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The tax transparency drive led by the world’s largest economic powers is effectively helping to drive business to Bermuda, according to a top lawyer with an international firm. Steven Rees Davies, corporate partner with Appleby Bermuda, said the fact...

HSBC Bermuda is to invest $3 million in two of its Hamilton city offices. The bank plans to focus its customer services business in the Harbourfront Centre on Front Street, while most operations will be concentrated in the Compass Point building on B...

The long-serving managing director of professional services firm KPMG is to retire at the end of the year. Richard Lightowler, who is also head of insurance, will leave after 23 years at the firm. Neil Patterson, KPMG Bermuda chairman, said: “Richard...

Three senior staff at law firm Conyers Dill & Pearman have been recognised on an annual leaders list. And Estera group director Rory Gorman has been recognised on the same list, with a place on the Trustees Honours List. Alec Anderson, global head o...

Bermudian-based tech start-up Trunomi has raised $3 million in its latest round of seed funding. The company, which is led by founder and chief executive officer Stuart Lacey, has created technology that can simplify the process of sharing personal d...

Harvey Nash recently released its CIO Survey for 2016. This is interesting because it surveys 3,352 IT leaders from 82 countries that have a collective budget of more than $200 billion, providing an insight into the changing role of IT leadership. In...

Jonathan Kent, Business Editor Credit ratings agency AM Best has affirmed the financial strength ratings of BF&M Ltd’s operating companies. Keeping their A rating are BF&M Life, BF&M General and Cayman-based Island Heritage, while the Insurance Corpo...

Bermuda Investment Advisory Services is offering global web-based trading for $6.95 per trade, plus two cents per share. Its just-launched Freedom Trading securities trading platform will have mobile capabilities. “This will be less than half the co...

A standout week of major international business conferences will bring hundreds of delegates to the Island from Latin America, the US, Canada and further afield next week. Bermuda Business Development Agency and its stakeholders are preparing for fiv...

The Bank of Butterfield has closed its initial public offering of shares on the New York Stock Exchange. The bank put more than 12.2 million of its ordinary shares up for sale in New York, at a price of $23.50 per share. Around 5.9 million of the sha...