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Bankers last night reacted to the direct hit they took from government on Friday when David Burt, the Premier and Minister of Finance raised alarm on the floor of the House of Assembly at the escalating rise in bank fees and charges. The Premier laid...

The government has threatened Bermuda’s banks to rein in escalating bank fees and globally-abnormal bank charges, or face government-imposed limits. And a near 10 year old Progressive Labour Party promise to crack down on banks is a step closer to re...

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...

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...

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

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 ...

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...

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...

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 ...

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...