157 results returned for search: "" category "Banking"
Butterfield’s summer internship programme is now accepting applications
DATE: Mar 02, 2023
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CATEGORY:
Banking
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AUTHOR:
Jessie Moniz Hardy
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...
DATE: Mar 01, 2023
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CATEGORY:
Banking
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AUTHOR:
Owain Johnston-Barnes
Clarien Bank will be raising its base lending rates after the US Federal Reserve rate increase earlier this month
DATE: Feb 16, 2023
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CATEGORY:
Banking
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AUTHOR:
Jessie Moniz Hardy
Butterfield Bank has extended a $150 million credit facility to the Cayman Islands Government
DATE: Feb 15, 2023
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
Butterfield Bank has reported net income of $214 million in 2022 as rising interest rates boosted profits
DATE: Feb 14, 2023
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CATEGORY:
Banking
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AUTHOR:
Business Staff
A New York bank approved to provide US banking services to Bermuda fintech companies has been downgraded
DATE: Jan 17, 2023
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
For the tenth year in a row, Butterfield has been named Bank of the Year 2022 in Bermuda by The Banker, an international financial affairs publication.
The Banker, owned by the Financial Times, has been the world’s leading monthly journal of reco...
DATE: Dec 09, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
For the third time in six months, Clarien will be adjusting its Bermuda dollar base lending rate reflecting changes to the federal funds rate.
Effective December 1, the bank’s base lending rate will increase by 50 basis points (0.50 per cent), and th...
DATE: Nov 01, 2022
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CATEGORY:
Banking
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AUTHOR:
Jessie Moniz Hardy
Butterfield Bank will shut down the bank accounts of the Bermuda Financial Network on Thursday, in effect putting the 26-year-old company out of business.
It will mean the end of Easy Pay, Bermuda’s first online money transfer service (2000/2001) whi...
DATE: Sep 13, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
The Bank of N.T. Butterfield & Son Limited is buying trust business from one of Switzerland’s largest banks.
An announcement datelined out of Zurich, Hamilton and Vaduz, said Credit Suisse has signed two agreements to sell different parts of the ...
DATE: Sep 07, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff