AGP Executive Report
Last update: 5 hours agoWealth & Insurance Hiring: AIA and Prudential have created new senior roles in Hong Kong to target high-net-worth clients, with Prudential naming Donna Cotter as CEO for wealth and Bermuda. Capital Markets: Seadrill priced an upsized $700m offering of 6.750% senior notes due 2034, incorporated in Bermuda. Digital Infrastructure: Bermuda welcomed Google’s Nuvem and Sol subsea cable landings, positioning the island as a resilient global connectivity hub for business, fintech and reinsurance. Local Government & Property: The House approved the Government’s $14.5m purchase of HSBC Bermuda’s Compass Point in Hamilton to cut annual private office rental costs. Airline & Sustainability: BermudAir partnered with Solar Sands to produce 500 custom recycled-glass pieces for onboard service, expanding from business class to economy. Health & Governance: Bermuda’s Supreme Court ratified the removal of Deloitte as joint provisional liquidators at Custodian Life, citing alleged inaction, fees and privacy breaches. Regulated Crypto Growth: Bitcoin Suisse International’s leadership says Bermuda Monetary Authority approval enables investment advisory and discretionary portfolio management for professional and institutional clients.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.