Hashtag: #BermudaBusiness
Four Appleby Lawyers On ’2016 Leaders List’
Citywealth has named four Appleby Bermuda lawyers to their 2016 ‘Leaders List’, with Partners Vanessa Schrum and Keith Robinson, Counsel QC Michael Mello and Senior Associate Ashley Fife all honoured for their outstanding work. The Citywealth ‘Leaders List’ is compiled from recommendations from private wealth managers and advisors, as well as... Read more of this article
Bermuda Stock Exchange Report: Sept 29 2016
September 29 saw 9,800 shares trade on the Bermuda Stock Exchange, valued at $232,370.00 BD. 9,800 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.1% at $23.75 per share. The BSX finished at 1,554.47, up 0.73% on the day. There was 1 advance, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF] Related... Read more of this article
AZURA Boutique Hotel Starts Construction
AZURA Bermuda Boutique Hotel and Residences has just commenced construction on the property formerly known as Surf Side Beach Club, on the south shore in Warwick. “The initial Phase will have 18 Hotel Residences providing up to 46 Hotel rooms. Also featured as part of the initial Phase will be a new poolside restaurant with exceptional ocean /... Read more of this article
KPMG: Lightowler To Retire, Morrison Appointed
KPMG in Bermuda today [September 29] announced that Richard Lightowler, Managing Director and the firm’s Head of Insurance will be retiring from the firm effective December 31, 2016, and that Mike Morrison will take over as Head of Insurance practice from October 1, 2016. Mr. Lightowler joined the firm in 1993, rising quickly through the ranks to... Read more of this article
AlumiGlas Expands Operations With New Facility
Local company AlumiGlas has expanded operations to a 3,700 ft. facility at 15 Cox’s Hill, with the move “beginning as a dream and developing into reality.” A spokesperson said, “In 2005, George Tatem, put his 38 years of experience in glazing and glass installations into a business model. George Tatem decided to start AlumiGlas [Commercial... Read more of this article
HSBC To Invest $3M In Harbourview & Compass
Saying that they have a “very successful business in Bermuda,” HSBC Bermuda said they “will be investing in the region of USD3.0 million in the Harbourview Centre and Compass Point properties.” Mark Watkinson, HSBC Bermuda’s CEO, said: “We have a very successful business in Bermuda. This can be attributed to the strong... Read more of this article
BCB Receives Deutsche Bank Payments Award
Bermuda Commercial Bank Limited [BCB], has received the 2015 Deutsche Bank payments award for the “exceptional quality of payment messages” to Deutsche Bank’s Global Transaction Banking Operations unit for payments in euros during the 2015 fiscal year. A spokesperson said, “Last year, BCB processed approximately $30 billion in total payments... Read more of this article
Princess Beach Club Celebrates Oktoberfest
Hamilton Princess & Beach Club has announced that, in celebration of Oktoberfest, the world’s largest beer festival, Princess Beach Club will host a themed buffet today [Sept 29] and tomorrow [Sept 30] from 6.30pm until 10.00pm. The Oktoberfest dinner buffet is $75 plus gratuities and will feature typical Bavarian specialties like Bavarian Beef... Read more of this article
Nordic American To Move Domicile To Bermuda
Nordic American Offshore Ltd. announced it will move its corporate domicile from the Marshall Islands to Bermuda. “Effective September 27, 2016, the Company’s common shares will commence trading under new CUSIP number G65772108 [a company identification number],” the company said. The Nao Fighter, one of Nordic American Offshore’s... Read more of this article
3 Conyers Directors On Citywealth Leaders List
Senior lawyers from Conyers Dill & Pearman have been recognised on the annual Citywealth Leaders List, which is compiled by leading figures in the wealth management and private client industry. The list has named Alec Anderson [pictured], Global Head of Private Client & Trust, Director Helen Cooper and Director Craig MacIntyre. “We take great... Read more of this article
Harneys Hires Burrows As Financial Controller
Harneys announced that the hire of Aaron Burrows [pictured] in its Bermuda office as it continues to grow on the island. Mr Burrows, a Bermudian, joins Harneys from KPMG, where he most recently held the position of Senior Manager in the firm’s Advisory Group. Over a nearly 12 year career with KPMG in both audit and advisory, Mr Burrows has experience... Read more of this article
Gorman Recognised On Citywealth ‘Leaders List’
Bermuda-based Estera Group Director Rory Gorman has been recognised on the prestigious Citywealth Leaders List 2016. Mr. Gorman is on the Trustees Honours List. The Leaders List is put together annually following recommendations and consultation from within the industry. It brings together lawyers, accountants, family offices, private bankers and trustees... Read more of this article
