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
Local Business Butterfield to release Q2 results on July 28 The bank will announce its second-quarter 2025 earnings after the close of the NYSE The bank will announce its second-quarter 2025 earnings after the close of the NYSE Jul 15, 2025 12:39 PM
Local Business Teenage girls learn career readiness The programme has been developed by Christie Hunter Arscott, a BHS alumna and author, and aims to empower young women The programme has been developed by Christie Hunter Arscott, a BHS alumna and author, and aims to empower young women Jul 14, 2025 4:57 PM
Banking HSBC appoints CEO for Bermuda Insurance Kate Subak will manage the operations of all HSBC’s insurance entities in Bermuda Kate Subak will manage the operations of all HSBC’s insurance entities in Bermuda Jul 07, 2025 1:03 PM
Banking Neville Grant to lead the Bermuda Bankers Association Incumbent Geoff Scott leaves July 31 after two and a half years as CEO Incumbent Geoff Scott leaves July 31 after two and a half years as CEO Jul 04, 2025 11:16 AM
Local Business Loan growth slows as banks face shrinking market Activity showed a steady decline throughout 2024 before levelling off Activity showed a steady decline throughout 2024 before levelling off Jun 23, 2025 7:59 AM
International Business Privy Council hears challenge to Bermuda court ruling The more than $600 million ruling favoured Georgian politician Bidzina Ivanishvili over Credit Suisse bank The more than $600 million ruling favoured Georgian politician Bidzina Ivanishvili over Credit Suisse bank Jun 19, 2025 7:59 AM
Local Business Former Dragons’ Den judge to speak at Level Up Jennifer Campbell recalls her days on the popular British reality show about entrepreneurship Jennifer Campbell recalls her days on the popular British reality show about entrepreneurship Jun 04, 2025 8:00 AM
Bermuda Stock Exchange Bank up on NYSE Butterfield climbed 48 cents in New York, after a trading volume of 171,887 Butterfield climbed 48 cents in New York, after a trading volume of 171,887 Jun 03, 2025 5:54 PM
Banking Bermuda’s banking sector reports $48.2m profit in Q4 The figure was down $90.5m compared with the previous quarter The figure was down $90.5m compared with the previous quarter May 19, 2025 6:18 PM
Banking Fed holds the line on interest rates Officials were satisfied that the American unemployment rate has stabilised at a low level Officials were satisfied that the American unemployment rate has stabilised at a low level May 07, 2025 6:52 PM
Banking Butterfield earns Q1 profit of $53.8m The bank pointed to the creation of value for shareholders across more pronounced economic and interest-rate cycles The bank pointed to the creation of value for shareholders across more pronounced economic and interest-rate cycles Apr 23, 2025 7:09 PM
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
