Local Business Banking sector assets fall $500m in fourth quarter Details revealed in quarterly banking digest released by the Bermuda Monetary Authority Details revealed in quarterly banking digest released by the Bermuda Monetary Authority FULL ARTICLE Tuesday Apr 23, 2024
Shaun Morris retires from Butterfield Simon Des-Etages has been appointed to succeed him as general counsel and group chief legal officer of the bank Mar 17, 2024 2:34 PM COMMENTS
Government and banks team up on housing development Deal is intended to lower interest rates to boost the construction of affordable homes Mar 08, 2024 8:00 AM COMMENTS
Banking sector profits up 32.9% year-on-year Figures revealed in Bermuda Monetary Authority’s quarterly digest for the third quarter of 2023 Feb 08, 2024 7:59 AM COMMENTS
Developer loses case against bank over $3m loan guarantee HSBC sought a $3,185,000 judgment against Sanz Pearman, who had served as a guarantor in a 2008 loan Nov 27, 2023 7:59 AM COMMENTS
Deposit totals fall at banks as interest rates rise Savers starting to look toward income-spinning money market funds and bonds Oct 16, 2023 7:59 AM COMMENTS
Butterfield Bank could cut 30-plus jobs in Bermuda CEO cites inflation and interest rates as dozens are set to be made redundant despite strong earnings Oct 05, 2023 3:08 PM COMMENTS
Butterfield plans systems maintenance this weekend The bank said the scheduled work will bring Cayman customers onto the same online infrastructure introduced to Bermuda in April Oct 03, 2023 1:06 PM COMMENTS
Butterfield up 50 cents on NYSE Watlington Waterworks shares finished up $5 on the Bermuda Stock Exchange Sep 28, 2023 5:56 PM COMMENTS
HSBC’s scant Bermuda returns make little sense Steve Donnelly complains that the bank’s global profits are night and day from what is made on island Sep 21, 2023 7:59 AM COMMENTS
HSBC joins other banks in hurricane closures The banks scheduled office closings at 2pm Thursday and tentatively expect to reopen Friday noon Sep 14, 2023 10:35 AM COMMENTS