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KeyTech has announced Dr. James A.C. King will be retiring as chairman at the Annual General Meeting on July 26. The Board has identified Gary L. Phillips, OBE to succeed Dr. King as Chairman. Michael Mello, chairman of the Governance Committee for ...

The KeyTech Group of Companies posted a 15.3 percent jump in full-year profit to $8.3 million compared to $7.2 million for the prior year on investments in associates and reduced operating expenses. Revenue for the year ended March 31, however, fel...

HSBC Holdings has named Simon Cooper as the new head of its commercial banking arm. Mr Cooper, 45, has been CEO of HSBC Middle East and North Africa for the past four years and will replace Alan Keir, who will become chief executive of HSBC Bank Plc,...

Bermuda Aviation Services said it returned to profitability as it posted full-year earnings of more $1.8 million compared to a $4.6 million loss the prior year. For the year ended March 31, BAS, which employs more than 240 people, said earnings per ...

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of BF&M’s Island Heritage Insurance Company (Cayman Islands). The ratings reflect I...