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A US firm that routed business through a Bermuda subsidiary to “fleece” clients out of millions of dollars of extra fees has coughed up more than $150 million in fines in America. The Bermuda arm of ConvergEx, a leading transactions services provider...

Bermuda had the greatest percentage of growth in its register of companies in the first half of the year compared to other offshore jurisdictions, a top law firm said yesterday. The Island saw 538 new firms set up in the first six months of 2013 — wh...

Bermuda needs to roll out the red carpet at home and abroad to attract new business, a major seminar on captive insurance heard yesterday. And the key to attracting more business from the booming markets of Latin America is personal visits, as well a...

Tax loopholes in the EU which led to Bermuda coming under fire as a “tax haven” are to be closed. The EU has moved to end the practice of firms moving money around member states to avoid tax — a method used by internet giant Google, with billions end...

A firm which moved to Bermuda five years ago has gone into provisional liquidation owing more than $120 million. Richina Pacific Ltd (RPL), the parent of failed New Zealand construction firm Mainzeal Property & Construction, delisted from the New Zea...

International business chiefs are satisfied with Bermuda as a place to do business and live, a new survey revealed. But big firm bosses are concerned about the cost of doing business on the Island, crime, public education standards and the potential ...

Caribbean Journal is reporting that The Cayman Islands has signed a tax information exchange agreement with the Republic of Malta. It stated that the two sides completed the TIEA this week ahead of the Joint Ministerial Conference meeting of British ...