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Bermuda faces tough competition from other jurisdictions in attracting family trust business, a conference of industry experts heard yesterday. And Bermuda should be doing more to make it easier for very wealthy clients to establish residence in Berm...

A simple video perhaps best illustrates the concept that international business is everyone’s business in Bermuda. The video begins with a freshly laid egg being collected by farmer Tom Wadson. The egg is next seen being cracked open by Kamilah Canno...

The men behind a Bermuda-registered financial-services firm have been charged by regulators in connection with an alleged $16 million fraud in the US. The Securities and Exchange Commission (SEC) claims six men involved with the Gerova Financial Grou...

The Bermuda Business Development Agency (BDA) has hired a trio of Bermudians to boost its team. Kevin Richards, Deshay Caines and Victoria Buckley have all joined the public/private partnership headed by Ross Webber and aimed at boosting the economy ...

The number of mergers and takeovers in Bermuda jumped by nearly half in the second quarter of this year. The 50 per cent spike in the second quarter compared to the first part of the year represented 127 deals. A report by legal firm Appleby in its O...

A Bermuda-based gold mining firm is to resume operations in South America. Gold Bar Development & Consulting has significant holdings in the jungles of Guyana, which are rich in gold deposits. But the firm was forced to suspend mining operations on s...

HSBC Bank Bermuda will have a new chief executive officer within two months. The bank announced this morning that Mark Watkinson, the CEO of HSBC Bank Malta, will take over the job as of November 2. He will succeed Richard Moseley, who will leave aft...

Don’t expect interest rates to bounce back sharply any time soon. That’s the advice from HSBC’s global head of fixed-income research Steven Major, who expects predicts that the US Federal Reserve will not starting raising rates until December. London...

No detail, it seems, is being overlooked in the quest to promote Bermuda far and wide as the jurisdiction of choice for international business. To a casual observer it might appear that Bermuda’s knack of securing guest speaker slots and face-time wi...

The chairman of Bermuda professional services firm EY stepped down yesterday after nearly 40 years with the company. The firm said Gil Tucker, made chairman last year after seven years as managing partner, had decided to retire. Now EY has announced ...