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A leading American securities official says her country can learn from the approaches taken in Bermuda and other jurisdictions concerning the regulation of cryptocurrencies. Speaking at a convergence forum hosted by the Singapore University of Social...

Sixteen people have earned an internationally recognised professional certification after completing a restaurant server programme presented by the Department of Workforce Development and Take Five Ltd. Lovitta Foggo, Minister of Labour, Community Af...

The Canadian company that intends to take over Ascendant Group sees an opportunity in Bermuda to replace fossil fuel energy generation with renewables, as it is doing elsewhere. That was among the comments made by Ian Robertson, chief executive offic...

Somers Limited has reported a profit of $5.8 million for its third quarter, which ended on June 30. This brings its net loss for the year-to-date down to $14.6 million. The financial services investment holding company announced its quarterly and nin...

Two lawsuits filed in New York courts have been withdrawn after Bermuda Chief Justice Narinder Hargun upheld claims by Bermudian-based Athene Holding Ltd that such matters are the exclusive jurisdiction of the island’s courts. A US-based investor in ...

Damian Resnik has joined the Bermuda office of professional services firm Estera as client and operations director. Estera, which provides funds, corporate and trust services, said Mr Resnik will serve as a director for a portfolio of clients and ass...

Butterfield Bank has adopted a new standard for protecting customers who use their credit and debit cards for online purchases. The fraud prevention standard was developed by Europay, Mastercard and Visa as a new way to validate card transactions to ...

Shareholders of Ascendant Group Ltd are to vote today on whether to accept a takeover bid by a Canadian utilities group. Algonquin Power and Utilities Corp has offered $365 million for the shares in Ascendant Group. The group includes electricity sup...

Arbitrade Ltd has terminated its gold trading agreements with Sion Trading FZE and divested itself of all interests in the gold which was provided to it by Sion under the agreements. The Bermudian-registered company has also stated it never assumed a...

Five trust companies and four law firms with presences in Bermuda have been named to shortlists for the CityWealth International Financial Centre Awards. Awards are made by CityWealth in nearly 40 categories, highlighting excellence in the wealth sec...