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
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
Banking Butterfield remains cautious about crypto The bank is not yet ready to be a leader in developing digital asset business, says chief executive Michael Collins The bank is not yet ready to be a leader in developing digital asset business, says chief executive Michael Collins Nov 04, 2025 8:42 AM
Banking Local banks keep solid capital position in Q2 says BMA The sector has $24.5 billion in assets, representing a slight increase of 0.4 per cent The sector has $24.5 billion in assets, representing a slight increase of 0.4 per cent Nov 03, 2025 6:44 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
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
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
Banking Butterfield Bank earns $53.3m profit in second quarter Profit rises approximately 5.34 per cent year-over-year, beating analyst expectations Profit rises approximately 5.34 per cent year-over-year, beating analyst expectations Jul 28, 2025 6:24 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
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 Sonia Baxendale leaves Butterfield board The CEO of the Global Risk Institute did not stand for re-election Thursday at the bank’s agm The CEO of the Global Risk Institute did not stand for re-election Thursday at the bank’s agm May 09, 2025 6:45 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
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
Banking Clarien to put new iBank troubles behind them Some customers were unable to migrate their accounts to new eBanking system without difficulties Some customers were unable to migrate their accounts to new eBanking system without difficulties Nov 12, 2024 6:29 PM
Banking HSBC cancels youth savings programme The bank has warned customers of account programme closure The bank has warned customers of account programme closure Oct 31, 2024 3:54 PM
Banking Cayman bank customers angry over software glitch Issue raised over unpaid government stamp duty Issue raised over unpaid government stamp duty Sep 30, 2024 7:47 AM
Banking Clarien installs solar panels to power Somerset ATM Clarien says that over its lifespan, the scheme will save 298 barrels of oil from being burnt Clarien says that over its lifespan, the scheme will save 298 barrels of oil from being burnt Jul 29, 2024 3:43 PM
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
Banking Investment advisers tout Butterfield for standout performance Analysts say they know of no other bank generating return on equity above 20 per cent with 9 per cent dividend yield Analysts say they know of no other bank generating return on equity above 20 per cent with 9 per cent dividend yield Jul 19, 2024 7:29 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
Banking Caribbean firm to buy controlling interest in Clarien Bank The move is subject to the necessary regulatory approvals The move is subject to the necessary regulatory approvals Jun 14, 2024 8:04 AM
Banking Butterfield offers money management class The bank’s course targets university students who are managing their own funds for the first time The bank’s course targets university students who are managing their own funds for the first time Jun 12, 2024 2:58 PM
Banking Butterfield launches Google Pay Clients who make payments using Google Pay will continue to receive the usual rewards and benefits offered by Butterfield cards Clients who make payments using Google Pay will continue to receive the usual rewards and benefits offered by Butterfield cards May 30, 2024 4:01 PM
Banking Mastercard uses AI to crack down on credit card fraud Company says technology has doubled the speed of detection Company says technology has doubled the speed of detection May 28, 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
Banking Butterfield returns directors The bank was also highlighted by Global Finance magazine for impressive metrics The bank was also highlighted by Global Finance magazine for impressive metrics May 13, 2024 7:59 AM
Banking Butterfield expects no direct impact from corporate income tax Challenges during the bank’s systems upgrades are behind them as they seek to roll out more functionality Challenges during the bank’s systems upgrades are behind them as they seek to roll out more functionality May 01, 2024 7:59 AM
Banking Bank partners in school climate programme The bank joins the 1851 Trust to deliver climate education lessons for local schools The bank joins the 1851 Trust to deliver climate education lessons for local schools Apr 12, 2024 5:07 PM
