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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
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

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
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
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
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
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
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
Banking

Jewel Bank still optimistic about digital future

Nearly two years after being licensed, it has not yet opened its doors to business
Nearly two years after being licensed, it has not yet opened its doors to business
  • May 20, 2024 8:00 AM
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