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Michael Schrum has been promoted to president and group chief risk officer at Butterfield Bank. The bank also announced that Craig Bridgewater has been promoted to group chief financial officer and joins the bank’s executive committee. Mr Schrum, who...

Butterfield Bank’s first quarter profit rose 6.4 per cent to $44.4 million with rising interest rates driving momentum

Public primary schools were given $25,000 worth of school supplies yesterday. Support Public Schools, set up to buy and deliver school supplies for government primary schools, delivered half of its $50,000 worth of equipment to schools in the central...

The PGA Tour has announced that Butterfield Bank will join the Bermuda Tourism Authority as sponsor of the annual FedExCup event held at Port Royal Golf Course. Renamed the Butterfield Bermuda Championship, the tournament made its debut in 2019 as th...

The final Harbour Night of the year will be today, organisers the Chamber of Commerce said. The night will feature family activities, fun games and free giveaways, as well as 32 vendors, including artisans, chefs and a DJ. Butterfield Bank, the spons...

University students got a cash boost from a bank to help them finish their studies. Tierrai Tull and Isaiah Wales, two Bermudian students, were given $25,000 a year for the rest of their undergraduate degrees by Butterfield Bank. They were among...

Ten directors were re-elected by shareholders’ vote at the annual general meeting of Butterfield, which was held virtually on Wednesday. The bank said Michael Collins, Alastair Barbour, Sonia Baxendale, James Burr, Michael Covell, Mark Lynch, Jana Sc...

Butterfield Bank’s net income improved to $41.6 million, or 83 cents per share, in the first quarter, which compared to $40.3 million for the same period a year ago. It reduced its non-interest expenses by $2.3 million, to $80.9 million, when compare...

Butterfield Bank has launched a campaign that gives its customers chances to win prizes while at the same time helping some of the local businesses hit hardest by the effects of the pandemic. Consumers who use their Butterfield personal Mastercard de...

Butterfield Bank’s profit for the fourth quarter was $42.1 million, or 84 cents per share, about $1.8 million less than the same period in 2019. For the full year, it had net income of $147.2 million, or $2.90 per share, compared to $177.1 million t...

Eleven members of the trust team at Butterfield Group are featured in the Private Client Global Elite Directory 2021: Elite Recommends. Butterfield said the prestigious directory is published annually by Global Elite, a worldwide network of private c...

Butterfield Bank is to close its offices at 3pm tomorrow due to the approach of a strong winter storm. And Clarien Bank has announced it will close its Main Branch location on Reid Street, Hamilton at 2pm, while HSBC Bermuda’s branches will also clos...