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Allan Doughty has joined MJM Ltd’s dispute resolution team as senior counsel. Mr Doughty first qualified in Nova Scotia, Canada, in 2002 before returning home to Bermuda in 2004, when he was called to the Bermuda Bar. MJM described Mr Doughty as “a ...

The Royal Gazette/BSX Index closed where it opened on 1,826.22 as no shares were traded on the Bermuda Stock Exchange. The US-listed shares of Butterfield Bank gained $1.20, or 4.9 per cent to close on $25.68 on the New York Stock Exchange as 166,566...

There are only a few weeks left before the deadline for applications to operate the Horseshoe Bay Beach House Café for a five-year period from next year. A tender by the Ministry of Public Works said applications to operate the café had to be in by J...

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...

HSBC Bermuda has launched a joint “Local Heroes” and “Shop Bermuda” campaign initiative, designed to celebrate the spirit of Bermuda by providing support to our people and local businesses. The campaign’s primary focus is to give the public the oppor...

Ideally, a contract will contain both a “choice of jurisdiction” and a “choice of law” clause, the latter of which is sometimes also referred to as a “governing law” clause. Such clauses are independent of one another. The choice of jurisdiction cl...

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...

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...

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...