Professional services firm KPMG is to hold two special seminars to alert charities to the dangers of money laundering and terrorist financing.
KPMG’s David Harper said that the Charities Act required registered charities to ensure “relevant officers”...
Bertil Olsson, a Swedish insurance industry veteran, will become the new chief executive officer of the Bermuda-based Oil Group at the start of next year.
He will succeed Robert Stauffer, who last October announced his plans to retire from the speci...
The number of mergers and takeovers in Bermuda jumped by nearly half in the second quarter of this year.
The 50 per cent spike in the second quarter compared to the first part of the year represented 127 deals.
A report by legal firm Appleby in its O...
As a young girl, Francine Mason realised there was a stigma attached to Court Street.
It made her determined to prove good things could come out of her neighbourhood.
The 47-year-old from “the back of town” has been a partner with global accounting f...
Financial services investment Somers last month bought 3,700 of its own shares for cancellation.
The firm, which owns the Bermuda Commercial Bank, said it paid an average price of $13 a share.
The parent company of Stevedoring Services yesterday reported a loss of $443,000 for the year ended in March.
The loss at Polaris Holding Company follows a $1.94 million recorded in the previous financial year.
A statement from the dock-services firm...
A boom in mergers and buyups in the reinsurance industry is set to continue into next year.
Ratings agency Standard & Poor’s said that companies would continue to combine to prow business and demands for greater scale from clients.
A report by Standa...
Booking a date with actor David Hasselhoff is easier than you think.
That is what 24-year-old Kharis Brooks learnt during an internship with a British cellphone company, Vodafone.
“It started as a joke,” Ms Brooks said. “We were planning a campaign ...
Ratings agency AM Best has withdrawn its rating on Bermuda-based hedge fund-backed reinsurer PaCRe at the company’s request.
PaCRe, backed by the John Paulson hedge fund and Validus Re, was placed under review with negative implications in January du...
Opposition MP Rolfe Commissiong has said an open and honest conversation about race is needed at the corporate level in Bermuda.
While progress has been made to achieve racial equality and equity, the Progressive Labour Party politician said “we sti...
Bermuda’s myths and legends are being brought vividly to life thanks to a creative collaboration by Rockfire Productions.
The group’s founder, Adrian Kawaley-Lathan, has launched a multimedia marketing campaign called the Treasures of the Triangle t...
Bermuda is on track to qualify under new EU rules governing third country rights for Island-based alternative fund managers.
The Island is due to amend the Investment Business Act to make it eligible for a Euro “passport” under the European alternati...