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BF&M has reported net earnings of $13.2 million for the first half of this year. That is a $1.8 million improvement on shareholders’ net income, year-on-year. It also represents an annualised return on shareholders’ equity of 9.9 per cent. However, t...

Board evaluation. Sounds like a performance appraisal doesn’t it? It’s funny how the words “appraisal” or “evaluation” create a negative response. A good appraisal system should result in constructive feedback which enables the appraiser and appraise...

Law firm Marshall Diel & Myers has appointed barrister Adam Richards as its new managing director. Mr Richards, a specialist in family law, took over the top job from Mark Diel, who will remain as a director of the firm and continue to practice in th...

A second group of budding entrepreneurs enrolled in a special course have graduated. The group, part of the Ice House programme, got their certificates last week. Raymond Lambert, of the Bermuda Economic Development Corporation and programme co-facil...

A total of $31 billion was held by 102 ultra-high-net-worth individuals living in Bermuda in 2014. That is one of the facts included in a new booklet that highlights Bermuda’s attractiveness to the trust industry and wealthy clients. The trust indus...

Clients frequently spend a lot of time considering their estate plans — and that is particularly the case when it comes to their Wills. They plan meticulously, and their Will is clear about who gets the house and the major assets. However, they give ...

Butterfield Bank is planning to raise about $250 million through an offering of 10.6 million shares in connection with its proposed initial public offering on the New York Stock Exchange. In a registration document filed with the US Securities and Ex...

Industry experts are to speak at a major international conference for the life and annuity industry. Organised by the Bermuda International Long Term Insurers and Reinsurers, the conference will look at key trends and policies affecting the sector. A...

A conference aimed at helping women executives smash through the glass ceiling is to be held next week. The Chartered Professional Accountants of Bermuda will host a women’s leadership conference, the second of its kind, featuring top international s...

Bermuda’s major international insurance companies believe the island needs a new airport to replace the current “decrepit” structure. The Association of Bermuda International Insurers and Reinsurers this morning issued a statement saying it did not t...