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A worldwide organisation for women working for hedge funds is aiming to set up a Bermuda branch. The Bermuda Business Development Association (BDA) said that the New York-based 100 Women in Hedge Funds (100WHF) chief executive officer Amanda Pullinge...

Shares of three major oil tanker companies based in Bermuda have rocketed as oil prices plummet. In the past three months Frontline has seen its share price boosted 159 per cent, while shares in Teekay Tankers are up 78 per cent, and shares in Nordic...

A Bermuda-based subsidiary of a Swiss bank is at the centre of a probe by the Italian tax police into alleged tax-dodging involving around $9.45 billion. Officers from the Guardia di Finanza searched the offices of Credit Suisse in Milan last month i...

A US hedge fund manager is being sued in a $46 million Bermuda court case by a billionaire investor. Meredith Whitney, who is married to Bermuda resident ex-WWE wrestler and TV pundit John Layfield, has been taken to court by billionaire Michael Plat...

Financial services firm Sun Life is planning to more than double its staff on the Island over the next few years. And the Canadian-founded firm’s international arm aims to boost the number of Bermudians in top jobs with an international training prog...

Beverage giant Bacardi has given a cautious welcome to the normalisation of diplomatic relations between the US and Cuba — but played a straight bat to the question of whether it would consider moving its headquarters from Bermuda to the Caribbean is...

The agency set up to drum up new business for Bermuda is to target London. Bermuda Business Development Agency (BDA) CEO Ross Webber said legal firms and top financial services figures would be invited to a special think-tank next March. Mr Webber ad...

Internet giants Google could spearhead the transformation of Bermuda into a ‘Silicon Island’ hub for high technology, The Royal Gazette can reveal. It is believed the global search engine firm, based in California’s Silicon Valley, has been locked in...

Cloud services firm Ignition has made investments in its Bermuda platform amid rising demand for its services. The company said yesterday that it would also be moving one Level 3 engineer from its Canadian operations in Halifax to Bermuda to help kee...

Top law firm Appleby has been appointed as legal services provider to the America’s Cup, it was revealed last night. America’s Cup Event Authority chief operating officer and chief counsel Sam Hollis said Appleby had already provided key support in B...