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The Bermuda Government’s new $1.35 billion of debt bonds have been admitted for listing on the Bermuda Stock Exchange. The debt is split evenly between ten-year and 30-year maturity senior notes. There is $382,105,000 of 2.375 per cent 144A senior no...

Bermuda is on a list of countries where HSBC Holdings is reconsidering or reviewing its future, according to reports. The HSBC board is pushing for the restart of a restructuring programme and to come up with more radical changes, including the poss...

Before an audience of hundreds of business delegates, Jamahl Simmons said Government will not interfere with independent regulatory organisations in Bermuda. He gave the assurance after explaining why he had brought to Parliament the Casino Gaming Am...

Two weeks after announcing it was set to take a majority stake in the parent company of Clarien Bank, Jamaica’s NCB Financial Group Limited has launched a $174 million cash bid to take control of a Trinidad and Tobago-based financial services company...

The volume of retail sales in September fell 0.8 per cent as sales of motor vehicles and fuel declined, bringing to an end six successive months of year-on-year sales volume increases. However, when factoring in the retail rate of inflation of 2.6 pe...

Meetings aimed at strengthening ties between Bermuda and the cities of Miami and Miami Beach, particularly the business communities, were yesterday held in Florida. David Burt was welcomed by Francis Suarez and Dan Gelber, the mayors of Miami and Mia...

BF&M Limited has reported a $14 million drop in net income as a result of insurance claims related to hurricanes Irma and Maria. The company’s nine-month earnings to the end of September were $5.2 million, resulting in an annualised return on shareho...

Bermuda’s foreign portfolio holdings were $546.2 billion last year, an increase of 8 per cent on 2015. The increase was attributed to a growth in the insurance sector’s total assets. The insurance sub sector accounted for 84 per cent of the island’s ...

A quirky piece of experimental marketing involving the Bermuda Tourism Authority and JetBlue Airways drew hearty applause from a roomful of business executives. They were reacting to an online video that showed pedestrians in New York City answering ...

A campaign to raise awareness internationally of Bermuda’s efforts in anti-money laundering and antiterrorist financing will be rolled out in the new year. The Association of Bermuda International Companies is one of the organisations involved in the...