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Bermuda Aviation Services Limited has acquired the outstanding minority interest of BAS-Serco Ltd from North American shareholder Serco Inc. The company said there is no impact to the management or employees. BAS-Serco has been renamed BAS Facilities...

The Olderhood Group has appointed Ian Dale as a non-executive director. Mr Dale, a UK-based Chartered Institute of Personnel and Development-accredited coach and business consultant, will assist Olderhood with the strategic expansion of their intera...

Butterfield Bank has priced a $100 million registered debt offering. The bank said tonight that the 5.25 per cent fixed to floating subordinated notes, due 2030, was expected to close on or about June 11, 2020, subject to customary closing conditions...

Butterfield Bank is giving customers the option of deferring loan payments for another three months should they be facing ongoing financial difficulty due to the impact of Covid-19. The offer is for existing customers who have personal loans and mort...

Bermuda-qualified corporate lawyer Sheba Raza has joined Carey Olsen in London to expand the law firm’s Bermuda law capabilities in the UK. She was previously a counsel with Conyers for 13 years, and is the first Bermuda-qualified lawyer to be based ...

Appleby has announced the promotion of Andrew Kuzma, Jamie Rego, Sam Riihiluoma and Caljonah Smith to senior associate. The promotions represent all practice groups: corporate, dispute resolution and private client and trusts. Mr Rego, Mr Riihiluoma...

Challenges arising from a major hurricane will be compounded by the Covid-19 pandemic, analysts have warned. Fitch Ratings, in its annual hurricane season report, said the added complications would be a headache for insurers already seeing an impact ...

After months of Covid-19 lockdown and social distancing, the Bermuda Economic Development Corporation is resuming its business courses. Registration is now open for Entrepreneurship 101. “Once the island went into lockdown as a result of Covid-19, BE...

Global financial services provider Apex Group Ltd, has appointed Jon Hanifan as head of corporate solutions, Americas. Mr Hanifan is currently head of tax and deputy head at Throgmorton UK, which was acquired by Apex last year. His appointment to the...

The power of socially-conscious investing for the greater good, along with financial and emotional returns, was highlighted during the first virtual event hosted by 100 Women in Finance in Bermuda. Eva Yazhari, the chief executive officer of Beyond C...