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More than 35 jobs were lost yesterday as two international companies announced a consolidation of their business and a charity said it had been hit by the continuing recession. As exclusively reported on www.royalgazette.com yesterday, hedge fund man...

Twenty accounting positions are being made redundant at Bank of New York Mellon’s Bermuda office, with employees being notified this week. The news out of BNY Mellon Alternative Investment Services, a hedge fund administrator located on Front Street,...

After more than 40 years in Bermuda, hedge fund management company, Jupiter, is closings its doors this month letting go all ten employees. According to Citywire UK, Jupiter suffered a net outflow of £225 million in the final three months of 2011 as ...

Students need to research Bermuda’s job market before going to university rather than coming home and assuming they will find work in their chosen fields. Attorney General Kim Wilson has issued this advice to young people as she weighs in on the dis...

Unemployed university graduate Stacy Babb has resorted to trying to grab the attention of company bosses with an eye-catching employment advert. The 28-year-old, who has been out of work for three months, has taken the initiative to sell her skills ...

Fund administrators have dramatically downsized in Bermuda as companies including Citco and Citigroup cut jobs and relocate staff to Canada where it’s cheaper and there’s a larger labour pool. Top executives in the fund administration industry expre...

More than a dozen jobs have been cut as another global hedge fund administrator downsizes in Bermuda. Citco Fund Services in Bermuda is cutting 15 to 20 jobs in what the company said was a “reorganisation” of its Bermuda office. Also yesterday, the B...