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Butterfield Bank’s biggest shareholder, The Carlyle Group, is a step closer to exiting its position with the bank. A public secondary offering of common shares in the bank, including an additional offering to the underwriters, includes all 7.6 millio...

Sneaker giants adidas is to bring back a retro design — with a Bermuda touch. The adidas Bermuda sneaker, first seen in the 1970s, has been reborn as part of the company’s Originals range of classics. According to sneaker websites, the design will fi...

Choices. Each day we are faced with choices that will have an impact on our lives and our businesses. Many times our choices seem automatic — the way we get to work, our morning coffee, and many other tasks. These choices have become habits and we t...

A Bermudian company has seen remarkable growth in the number of businesses opting to use cloud-based software solutions to better manage their operations. Since it was formed five years ago, The Certus Group has been providing consulting services and...

Bermuda Aviation Services has appointed Jennifer Beech as assistant group financial controller. Ms Beech, who formerly worked in the enterprise division audit practice at professional services firm KPMG, will look after day-to-day finance operations ...

The XL Group board has backed a massive $1 billion share buyback programme, the company announced today. And the insurance and reinsurance giant will pay a quarterly dividend of 22 cents a share on its common shares at the end of next month, up two c...

The Trump presidency could be good for business and investors, an island asset management firm said yesterday. Bryan Dooley, general manager of LOM Asset Management, said: “We see a lot of positives — the whole pro-business attitude is good for marke...

The Bermuda trust is a popular estate planning vehicle for private clients wishing to structure their affairs in a tax efficient manner. There are a whole host of reasons why this is so, including asset protection, preservation of wealth for future g...

It is the million-dollar question, literally. How much did Bermuda get back from the $1.3 million spent on a nine-month tourism advertising campaign last year? The answer is $17 million, or a return on investment of $15.30 for each advertising dollar...

Millennials are worried about the future — and less likely to want to job-hop as a result, a new survey revealed. The survey, by professional-services firm Deloitte, said the millennial generation, those born after 1982, were “stressed” by world even...