Managers of Wealth Offshore

Money market report for the week ended September 5, 2025

Information on ECB monetary operations and the domestic Treasury bill market

Devonshire Industries posts steady profits despite higher costs

The results showed that expenses also rose, with administrative and selling costs pushing total operating expenses to a little more than $1 million, compared with $926,000 last year.

Creditas acquires Malta's MeDirect bank

The brand will be retained, despite the acquisition by the Czech group

Ozempic maker Novo Nordisk to cut 9,000 global jobs

Danish pharmaceutical giant to cut 11 percent of its workforce

Why are so many alternative investment funds registered in the Cayman Islands?

The Cayman Islands’ success as the leading fund domicile is not accidental.

Exordium helps rising tide of new Bermuda companies

Helen Souza, chief executive and founder of Exordium, commented: “We’re thrilled to welcome VIPR to Bermuda and to support their expansion into this dynamic market.

Hannover Re to launch Bermuda ILS platform

According to Artemis, the Bermudian entity has existed since 2020

BOV announces new correspondent banking relationship with BNY

Customers will have increased access to US dollar cash clearing

Guernsey student receives Butterfield scholarship

The sholarship can be maintained for up to four academic years.

Avoiding pitfalls: Some considerations before buying corporate bonds

Credit selection is a far more complex exercise than simply opting for familiar names

Banks in 5.3% profit increase to $126.8m

The net interest margin reduced by $1.9m (1.3 percent) to $147.2m given the $2.4m (1.5 percent) fall-off in interest income as opposed to the $0.5m (5.1 percent) decline in interest expense.

Isle of Man firm expands to Falkland Islands with new office

‘This is an exciting opportunity to develop and grow the professional services offer in the Falklands’

Gold tops $3,500, silver passes $40 in record-setting trading

Gold and silver continue to prove why they remain a cornerstone of global finance

Life in Finance work experience initiative continues to grow

Our Life in Finance initiative is one of the ways we seek to address that need

Bermuda re/insurers see double-digit premium growth in 2024 – ABIR

Member companies post record premiums and equity gains

AM Best reviews Sompo credit after $3.5bn Aspen deal

Aspen is known for its speciality underwriting portfolio and worldwide presence.

Sir Franklyn hails BOB’s ‘tremendous turnaround’

Ordinary, or equity, shares give investors an ownership stake in the companies that issue them, and Sir Franklyn also voiced optimism that Bank of The Bahamas’ recovery will entice other firms...

HSBC Bank Malta falls to 18-month low

Trading activity on Wednesday amounted to €0.20 million.

Employers reveal “heavy burden” of family-friendly law, survey results show

The survey showed that the pinch was felt particularly for small and medium-sized businesses.

BML achieves full ATM coverage in HDh. atoll

CEO Mohamed Shareef highlighted the bank’s continued efforts to improve financial accessibility across the Maldives

AIM and Hedge Funds