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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...

“Utility tokens” is set to be a buzzphrase in Bermuda in 2018 as the island increases its presence in the world of digital assets and blockchain technology. With the Bermuda Government stating its intention to embrace new technologies and opportuniti...

Bermuda’s move towards embracing cryptocurrency and blockchain technologies has been welcomed by the man who brought leading fintech innovators and thinkers to the island this year. And Stan Stalnaker believes Bermuda can become the world’s first dig...

Billionaire investor Michael Lee-Chin sees a bright future for Bermuda — a view he has backed with hard cash in the form of his purchase of a controlling interest in Clarien Bank. The charismatic Jamaican-born chairman of Canadian firm Portland Holdi...

Somers Ltd, owner of Bermuda Commercial Bank, said net income fell nearly 40 per cent to $19.4 million for the year ended September 30. The financial-services holding company with interests in the UK, Australia and Ireland said BCB had made a $1.1 mi...

Shares of Bermudian-based Nordic American Tankers lost more than a quarter of their value yesterday after the company priced a share offering well below its market price. Low charter rates for oil tankers have hit the company’s bottom line in recent ...

Paul Scope has been elected as the new chairman of the Bermuda Business Development Agency. And insurance industry veteran Shelby Weldon has been appointed as a new director of the government-backed agency. Their appointments were among several chang...