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WILMINGTON (AP) — Treasury Secretary Janet Yellen said that the US government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance Corporation insures deposits up...

NEW YORK (AP) — The financial institution best known for its relationships with high-flying world technology start-ups and venture capital, Silicon Valley Bank, experienced one of the oldest problems in banking — a bank run — which led to its failure...

Butterfield Group shares plunged a further 8.26 per cent in New York as US banking stocks continued to retreat

Butterfield Bank repurchased 45,000 common shares on the Bermuda Stock Exchange in February, the bank said. In a filing with the BSX, the bank said the shares were bought for an average price of $36.63, valuing the purchases at about $1.65 million....

Butterfield’s summer internship programme is now accepting applications

A company associated with Cash App, a popular app led by Twitter founder Jack Dorsey that can be used to transfer money, buy stocks and trade bitcoins, has been granted a licence in Bermuda by the Bermuda Monetary Authority. It was not clear yesterd...

Clarien Bank will be raising its base lending rates after the US Federal Reserve rate increase earlier this month

Butterfield Bank has extended a $150 million credit facility to the Cayman Islands Government

Butterfield Bank has reported net income of $214 million in 2022 as rising interest rates boosted profits

A New York bank approved to provide US banking services to Bermuda fintech companies has been downgraded