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General

Bank error blocks access to customer accounts

Butterfield says the problem got a quick fix and that none of the 22 affected clients suffered financial loss

Butterfield says the problem got a quick fix and that none of the 22 affected clients suffered financial loss

• Mar 28, 2025 7:57 AM

Economy

New vice-chair for Financial Policy Council

Jill May is a financial services leader with a distinguished career in investment banking and regulatory oversight

Jill May is a financial services leader with a distinguished career in investment banking and regulatory oversight

• Mar 12, 2025 3:25 PM

Local Business

BMA: banking profits jump by $8m in third quarter of 2024

The sector reported a net position after tax of $138.7 million

The sector reported a net position after tax of $138.7 million

• Jan 27, 2025 7:59 AM

Local Business

Butterfield launches enhanced young savers account

Bank customers can now start saving from birth with a minimum deposit of $20

Bank customers can now start saving from birth with a minimum deposit of $20

• Jan 23, 2025 4:27 PM

Crime

Police and banks unite against fraud

More than 160 victims were targeted last year by scammers, who netted approximately $4.5 million

More than 160 victims were targeted last year by scammers, who netted approximately $4.5 million

• Jan 18, 2025 8:00 AM

Letters to the Editor

Corporate greed alive and well

Alan Gamble is struggling to understand why base lending rates in Bermuda far exceed the global standard

Alan Gamble is struggling to understand why base lending rates in Bermuda far exceed the global standard

• Jan 18, 2025 7:59 AM

Banking

Butterfield named Bermuda’s bank of the year

The financial institution received the accolade for the 12th time

The financial institution received the accolade for the 12th time

• Dec 11, 2024 4:39 PM

General

Clarien Bank’s charity lifeline returns for December

Meals on Wheels, a charity that delivers hundreds of meals to the elderly and vulnerable each week, is the beneficiary

Meals on Wheels, a charity that delivers hundreds of meals to the elderly and vulnerable each week, is the beneficiary

• Dec 03, 2024 7:27 PM

General

Clarien concedes teething issues after pensions disarray

The bank apologises in the wake of its switch to a new operating system that caused problems for some customers

The bank apologises in the wake of its switch to a new operating system that caused problems for some customers

• Nov 18, 2024 7:58 AM

Politics

Banking fee proposals to be made public, Premier says

The Premier updates the House of Assembly on policy discussions being held with the banking sector

The Premier updates the House of Assembly on policy discussions being held with the banking sector

• Nov 15, 2024 5:02 PM

General

Bank branch shuts after rainfall causes flooding

The St George’s branch of HSBC Bank of Bermuda is expected to reopen tomorrow

The St George’s branch of HSBC Bank of Bermuda is expected to reopen tomorrow

• Oct 24, 2024 11:22 AM

Local Business

Banking sector’s net profits decline in second quarter

After-tax income of $130.8 million was a 3 per cent or $4 million decline compared with the previous quarter

After-tax income of $130.8 million was a 3 per cent or $4 million decline compared with the previous quarter

• Oct 13, 2024 3:00 PM

Letters to the Editor

What a pair of privileged crybabies

Jan Card has little sympathy for parliamentarians Zane DeSilva and Derrick Burgess in their war against the banks

Jan Card has little sympathy for parliamentarians Zane DeSilva and Derrick Burgess in their war against the banks

• Aug 15, 2024 7:59 AM

Politics

Zane DeSilva calls for boycott of Butterfield Bank

Former Cabinet minister says he is launching a campaign for better regulation after his accounts were affected by the bank’s decisions

Former Cabinet minister says he is launching a campaign for better regulation after his accounts were affected by the bank’s decisions

• Aug 08, 2024 8:00 AM

Local Business

Banking sector total assets up in Q1 but down year-on-year

Bermuda Monetary Authority says the increase over the previous quarter was mainly driven by a $1 billion, or 38.5 per cent, growth in interbank deposits

Bermuda Monetary Authority says the increase over the previous quarter was mainly driven by a $1 billion, or 38.5 per cent, growth in interbank deposits

• Aug 06, 2024 8:00 AM

Banking

Clarien appoints Lola Myshketa as new head of private banking

The bank says her appointment is effective immediately

The bank says her appointment is effective immediately

• Jul 23, 2024 3:13 PM

Politics

Regulator’s reports show efforts to solve casino banking issue

Attempts over several years to get banks to handle gaming transactions have been unsuccessful

Attempts over several years to get banks to handle gaming transactions have been unsuccessful

• Jul 05, 2024 7:57 AM

Banking

Butterfield denies MP claims in face of ‘active’ inquiries

Banks refuse to be drawn on calls for a Commission of Inquiry into banking

Banks refuse to be drawn on calls for a Commission of Inquiry into banking

• Jul 04, 2024 7:59 AM

Local Business

Financial crime evident in rising elder abuse

Age Concern calls for better tracking and more solutions for the disturbing trend

Age Concern calls for better tracking and more solutions for the disturbing trend

• Jun 19, 2024 8:00 AM