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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
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

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

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

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 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

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

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
Banking

HSBC: dollar to remain strong, but may not rise

A new HSBC report says sequential inflation and higher neutral rates suggest American policy could stay tighter than priced, but this may take time to play out
A new HSBC report says sequential inflation and higher neutral rates suggest American policy could stay tighter than priced, but this may take time to play out
  • Mar 20, 2024 6:45 PM
Banking

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
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
Banking

Credit card company gives $150,000 boost to local charity

Mastercard and Butterfield teamed up during the 2023 Butterfield Bermuda Championship to do good in the community
Mastercard and Butterfield teamed up during the 2023 Butterfield Bermuda Championship to do good in the community
  • Feb 28, 2024 7:59 AM
Banking

Butterfield to build on Credit Suisse business

Bank says opportunity is ripe for purchasing more private trust fee-based business
Bank says opportunity is ripe for purchasing more private trust fee-based business
  • Feb 19, 2024 6:58 AM
Banking

Butterfield posts $225.5m profit for the year

Net income for the fourth quarter was $53.5 million with a return on average common equity of 22.5 per cent
Net income for the fourth quarter was $53.5 million with a return on average common equity of 22.5 per cent
  • Feb 12, 2024 6:56 PM
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