Bermuda now best for offshore funds, says New York expert
Bermuda may now be the best jurisdiction in which to set up an offshore fund according to a New York attorney who works with the asset management industry.
Jack Rigney, of Manhattan-based Seward & Kissel, sang the praises of the Island i
PLP, OBA have combined to reduced crime rate — Roban
Shadow Public Safety Minister Walter Roban has celebrated falling crime rates as the result of years of effort by successive administrations.
Police statistics released last week revealed that the crime rates have fallen to their lowest poin
KeyTech down, closes at 3.50
The Royal Gazette/Bermuda Stock Exchange closed 3.09 yesterday to finish the day at 1,369.12.
Some 35,225 shares changed hands at a value of $77,897.75.
Bank of NT Butterfield saw 30,225 shares change hands at a steady 1.99, and 152 Ba
Pettingill leaves bank post
Ex-Attorney General Mark Pettingill has quit a top job at Clarien Bank less than three months after joining.
Mr Pettingill — who left Cabinet to take up the post at the end of May — resigned his post at chief legal officer on Thur
Two injured as car hits tree
A driver and his passenger suffered serious injuries after their car smashed into a tree on Middle Road in Sandys last night.
The accident happened at around 9.50pm, some 200 metres west of Spring Benny Road, after the car appeared to hit a