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A new conference aimed at the trust industry will come to Bermuda next year. IBC Global Conferences will host the first “Transcontinental Trust: Bermuda Forum” at the Fairmont Southampton on April 27 and 28, 2015. The conference is expected to draw s...

Bermuda may now be the best jurisdiction in which to set up an offshore fund according to a New York attorney who works with the asset management industry. Jack Rigney, of Manhattan-based Seward & Kissel, sang the praises of the Island in an internat...

Bermuda-domiciled aircraft leasing company Intrepid Aviation Ltd is planning an initial public offering of its shares. Intrepid said in a press release yesterday that it has confidentially submitted a draft registration statement to US regulator the ...

A leading Island law firm believes the strength of Bermuda as a financial centre was a major factor behind it receiving one of the legal industry’s top awards. Conyers Dill & Pearman Ltd was named Offshore Law Firm of the Year by Chambers & Partners,...

American legislators are searching for tools to garner more corporate tax revenue and have a slew of measures before them seeking to curb corporate inversions. Surprisingly, while US corporations have been choosing European countries as new homes, a ...

Butterfield Bank has agreed to buy parts of HSBC’s corporate and retail banking operations in the Cayman Islands. Butterfield Bank (Cayman) Ltd, a wholly owned subsidiary of The Bank of NT Butterfield & Son Ltd, and HSBC Holdings plc made the announc...

Deloitte Bermuda has announced the promotion of Liz Cunningham and James Dockeray to partner, effective June 2014. Liz Cunningham leads Deloitte Bermuda’s Actuarial, Risk & Analytics practice, while James Dockeray leads the Bermuda Tax practice. Liz...

Pete Cangany started in his new role as Ernst & Young’s senior partner in Bermuda this week with a mission to grow the firm’s business and to make it a stronghold of personal development for its staff. Mr Cangany is optimistic about the prospects for...