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Mark Byrne’s investment vehicle Haverford Bermuda Ltd may lower its bid for a 25 percent stake in Bermuda-based re/insurer Omega, Omega said yesterday. The offer is due to expire at 1pm London time (9am Bermuda time) today. “Haverford has communicate...

Life insurance policyholders of the folded British-American Insurance Company (BAICO) will get back at least some of the money they are owed by Christmas. The Official Receiver, Stephen Lowe, announced last night that creditors will be able to pick u...

The Institute of Chartered Accountants of Bermuda (ICAB) has presented its first scholarships for students enrolled in the Mount Saint Vincent University, Bachelor of Business Administration at the Bermuda College. The scholarships are valued at $1,...

Will the Grinch steal Christmas for investors this year? Investors looking for a robust Christmas season to juice retail sales and spur the languishing economy might need a telescope this year. Many economists agree that the ongoing political wrangl...

Organising and planning for your family’s financial well-being can be challenging under the best of conditions. However, the challenges of managing and maintaining a household as a single parent are multiplied. Single parents have less money to spar...

Capital G Bank Ltd has announced the opening of its new bank branch in Hamilton. The First Bermuda Group Ltd (FBG) location in the Maxwell Roberts Building in Church Street was converted into a Capital G Bank branch earlier this month, providing all ...

Thousands of miles away and eight hours ahead, representatives from Bermuda are making a big push for a slice of a world financial market worth an estimated $1 trillion. At the 18th World Islamic Banking Conference held in Bahrain this week, Busines...