General Consumer protection on the table in talks with banks Meetings were held to discuss affordability, particularly for the vulnerable in the community Meetings were held to discuss affordability, particularly for the vulnerable in the community Dec 17, 2025 5:22 PM
International Business Butterfield launches new $140m share repurchase programme The authorisation to buy back three million shares replaces the previous regime announced in July The authorisation to buy back three million shares replaces the previous regime announced in July Dec 11, 2025 7:58 AM
Banking Clarien Bank reduces lending rates The new rates will take effect January 12 in the new year The new rates will take effect January 12 in the new year Dec 10, 2025 7:05 PM
Local Business Moody’s gives global banks stable outlook in 2026 The credit ratings agency also expects subdued global economic growth to provide stability The credit ratings agency also expects subdued global economic growth to provide stability Dec 07, 2025 8:00 AM
International Business Moody’s lifts Butterfield’s core credit rating The agency cites strong execution and steady capital at the bank in raising it to baa1 from baa2 The agency cites strong execution and steady capital at the bank in raising it to baa1 from baa2 Dec 02, 2025 8:18 AM
Local Business Clarien boosts Meals on Wheels for 16th year The bank has raised $120,000 for the food charity since it began supporting them at Christmas The bank has raised $120,000 for the food charity since it began supporting them at Christmas Nov 27, 2025 6:19 PM
International Business Deuss and Curaçao bank awarded £18.5m in costs Ruling follows court decision dismissing claims against the businessman Ruling follows court decision dismissing claims against the businessman Nov 27, 2025 8:00 AM
Local Business Clarien promotes Lutkin to senior vice-president The executive has been with the bank since 2015 and will serve as head of investment management The executive has been with the bank since 2015 and will serve as head of investment management Nov 26, 2025 7:55 AM
International Business Privy Council rejects challenge against Ivanishvili ruling Court leaves intact the Bermuda ruling for former Georgian prime minister Bidzina Ivanishvili Court leaves intact the Bermuda ruling for former Georgian prime minister Bidzina Ivanishvili Nov 25, 2025 8:26 AM
Banking Multimillion-dollar refit for Butterfield Somerset There is bench seating, an electronic queuing system and an ATM vestibule There is bench seating, an electronic queuing system and an ATM vestibule Nov 04, 2025 3:35 PM
International Business HSBC Q3 profit slips on legal costs The bank posts $5.5 billion after absorbing provisions tied to Madoff litigation and other matters The bank posts $5.5 billion after absorbing provisions tied to Madoff litigation and other matters Oct 30, 2025 12:00 PM
International Business Butterfield posts stronger Q3 profit The bank tops Wall Street forecasts with lower deposit costs and higher banking and foreign exchange fees The bank tops Wall Street forecasts with lower deposit costs and higher banking and foreign exchange fees Oct 28, 2025 6:02 PM
International Business HSBC to take ownership of Hang Seng Bank in $37bn buyout The bank’s Asia-Pacific arm will pay HK$155 per share to acquire the remaining 36.5 per cent it does not own The bank’s Asia-Pacific arm will pay HK$155 per share to acquire the remaining 36.5 per cent it does not own Oct 13, 2025 7:57 AM
Crime Police warn against scam callers Frauds pose as representatives from local banks in an attempt to solicit confidential information Frauds pose as representatives from local banks in an attempt to solicit confidential information Sep 29, 2025 2:35 PM
Banking Reforms proposed for fairer banking Government tabled regulations to rein in overdraft and other fees charged by banks and deposit companies Government tabled regulations to rein in overdraft and other fees charged by banks and deposit companies Sep 29, 2025 8:00 AM
Local Business Butterfield and Mastercard enhance pro golf tourney Tickets are available for a new hospitality venue overlooking the signature 16th hole Tickets are available for a new hospitality venue overlooking the signature 16th hole Sep 25, 2025 5:45 PM
Economy Butterfield responds to Fed’s move on interest rates The first rate cut in 2025 comes after two days of Federal Open Market Committee meetings The first rate cut in 2025 comes after two days of Federal Open Market Committee meetings Sep 18, 2025 8:01 AM
Local Business Banks see opportunities in commercial lending Total loans edge up 1.3 per cent in the first quarter of 2025, reflecting wider economic growth Total loans edge up 1.3 per cent in the first quarter of 2025, reflecting wider economic growth Sep 11, 2025 8:00 AM
Banking Clarien launches first Visa cashback rewards The loyalty programme rewards customers for their US purchases and will provide customers with rebates The loyalty programme rewards customers for their US purchases and will provide customers with rebates Sep 05, 2025 12:36 PM
Local Business Amex cancels payment through Butterfield A spokesman for the bank says the change affects only bill settlement A spokesman for the bank says the change affects only bill settlement Sep 05, 2025 7:59 AM
Bermuda Stock Exchange Butterfield up on NYSE The bank share price rose a single cent in New York to close at $44.42 The bank share price rose a single cent in New York to close at $44.42 Sep 03, 2025 5:04 PM
Local Business Jeriel Fernandes receives Butterfield scholarship The $30,000 Sir Harry D Butterfield scholarship covers four academic years The $30,000 Sir Harry D Butterfield scholarship covers four academic years Sep 03, 2025 3:55 PM
Banking Craig Bridgewater to leave Butterfield CFO role Michael Schrum has been reappointed to replace the executive, who has served in the position since 2022 Michael Schrum has been reappointed to replace the executive, who has served in the position since 2022 Sep 02, 2025 3:49 PM
Opinion Writer Bank fraud and AI scams in Bermuda Dion Smith says you should not wait for it to happen to you before taking action to deter bad actors Dion Smith says you should not wait for it to happen to you before taking action to deter bad actors Aug 30, 2025 6:59 AM
Local Business Non-performing loans rise as banks post profit surge The BMA’s Quarterly Banking Digest showed that while capital buffers are strong, continuing risks in the loan book remain The BMA’s Quarterly Banking Digest showed that while capital buffers are strong, continuing risks in the loan book remain Aug 29, 2025 6:37 PM
Local Business HSBC Bermuda cheque production grinds to a halt One bank customer is furious clients were not informed of the problem One bank customer is furious clients were not informed of the problem Aug 08, 2025 8:00 AM
Local Business BMA proposes fee hikes and data sharing The authority plans to raise fees on insurance firms and share information with the Bermuda Deposit Insurance Corporation The authority plans to raise fees on insurance firms and share information with the Bermuda Deposit Insurance Corporation Aug 04, 2025 7:59 AM
International Business HSBC profit falls in first half The bank announced a $3 billion share buyback and is focused on simplifying its operations The bank announced a $3 billion share buyback and is focused on simplifying its operations Jul 30, 2025 7:27 PM
International Business Warning issued over business dealings in greylist countries The notice updates information from the Financial Action Task Force and includes British Virgin Islands and Bolivia The notice updates information from the Financial Action Task Force and includes British Virgin Islands and Bolivia Jul 17, 2025 8:00 AM
Local Business Butterfield launches airport fast lane for premium cardholders The dedicated lane is a first for the island and will open during the peak summer holiday travel season The dedicated lane is a first for the island and will open during the peak summer holiday travel season Jul 16, 2025 4:10 PM
