119 results returned for search: "" category ("Banking" AND "Business")
Representatives for new digital bank Jewel continue to pave the way for new office space on Victoria Street to meet an ambitious start date in September.
But they have confirmed to The Royal Gazette that their first Bermuda office will not be Victori...
DATE: Jun 28, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
Butterfield is now accepting applications to its graduate talent programme through its website.
The programme is distinct from previous iterations in that it is open not only to university graduates but also to bright, talented and ambitious candidat...
DATE: Jun 23, 2022
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CATEGORY:
Banking
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AUTHOR:
Jessie Moniz Hardy
Borrowers will pay more for their loans and mortgages after Butterfield Bank raised its rates in response to the historic 75 basis point increase by the US Federal Reserve
DATE: Jun 16, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
David Burt, the Premier and Minister of Finance, has congratulated Jewel Bank, Bermuda’s first new bank in 21 years, after the issuance of its new full banking licence and Class F digital asset business licence from the Bermuda Monetary Authority on ...
DATE: Jun 10, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
Bermuda’s existing banking fraternity appear set to welcome the island’s fifth bank into the Bermuda Bankers Association, the trade organisation for the industry.
A spokesman for the BBA confirmed that its members – Bermuda’s existing banks - have t...
DATE: Jun 08, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
Bermuda’s long-proposed digital bank has become a reality with a full banking licence that will allow it to provide core banking services, together with a licence under the Digital Asset Business Act.
Jewel Bank will begin operations from Victori...
DATE: Jun 07, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
The Bermuda Tourism Authority is studying an economic impact report from last October’s PGA Tour Butterfield Bermuda Championship.
The report lays out economic benefits from the professional golf event held under the auspices of the PGA Tour and the ...
DATE: May 19, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
Among the high-powered speakers for the Bermuda Climate Summit next week, Tuesday May 24 at Rosewood Bermuda, will be Stuart Kirk, global head of responsible investments and global head of research and insights at HSBC Asset Management.
A former jour...
DATE: May 17, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
Only one Bermuda bank has taken action since the largest interest rate hike by the Federal Reserve in more than two decades.
The midweek hike of 50-basis points in the US Federal Funds Rate led to near immediate action from Butterfield Bank, raising ...
DATE: May 09, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
Butterfield Bank raised its interest rates on loans and selected deposits in response to yesterday’s increase in the US Federal Funds Rate
DATE: May 06, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
