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Technology giant Softbank Group has corrected four years of tax filings after Japanese authorities uncovered hundreds of millions of dollars of undeclared earnings in two Bermuda subsidiaries. The Bermuda entities were set up by two Softbank subsidia...

Funds administrator Centaur Fund Services (Bermuda) Ltd has surpassed its growth targets after nearly two years on the island and is looking to further ramp up staffing levels. Marc Weaver, chief operating officer of Centaur, said the company, which ...

Two former oil company executives have each been banned from running companies for 14 years after they received millions of dollars in secret payments through a Bermudian-based entity they controlled. Osman Shahenshah and Shahid Ullah were the ex-chi...

Bermuda will stake its claim to be a significant financial technology centre by creating a world-leading regulatory and legal framework. That was the clear message in an information session on the Bermuda Government’s plans for virtual currency and b...

A group of Bermudian entrepreneurs has launched a financial technology company that aims to offer mortgages backed by crowdfunding capital on a global scale. Bermudian-based Viva Network Holdings Ltd said its “comprehensive borderless mortgage produ...

Bermuda saw $36.9 billion of merger and acquisition deals last year, according to a report by offshore law firm Appleby. Island-based entities were involved in 402 deals which represented 15 per cent of deal volume and 16 per cent of deal value acros...

A gathering of business leaders, entrepreneurs, and networking experts, led by the “most connected millennial” will take place in Bermuda in September. Jared Kleinert, who gave a sell-out talk on the island in January, is co-organising the private ev...

Asset and wealth management CEOs are very confident about growth prospects in 2018, but are expecting disruption for their industry from regulation, technology and changing consumer behaviour. That’s the main conclusion from the PwC report “Optimisti...

Bermuda is placing the emphasis on quality over quantity when it comes to attracting business opportunities in the blockchain and digital currency sector. If it gets things right the advantages will likely include adding a new pillar to the economy t...

Offshore law firm Carey Olsen Bermuda has named Mary Ward as a partner in its corporate practice. Ms Ward takes up her new role after 15 years at Conyers Dill & Pearman. Before she came to Bermuda, Ms Ward worked for international law firms Linklater...