Log In

Butterfield Bank is introducing a new Post-Graduate Scholarship for students studying in academic fields associated with the protection and improvement of island environments. Butterfield has operations in seven international locations, most of which...

Butterfield Bank and Mastercard have enhanced the benefits they offer to small and medium-sized businesses. In a statement, the bank and the technology company said they had extended their commitment “to deliver increased value and resources to Bermu...

The Carlyle Group has exited its position with Butterfield Bank after seven years as its largest shareholder. Following the closing of Butterfield’s registered secondary offering by a number of shareholders, Carlyle no longer own any common shares in...

Butterfield today announced the pricing of its secondary offering of shares at $31.75 per share. Several shareholders are selling off portions of their stakes in the bank amounting to a total of 9.55 million shares. The majority of the offering is co...

Butterfield Bank’s biggest shareholder, The Carlyle Group, is a step closer to exiting its position with the bank. A public secondary offering of common shares in the bank, including an additional offering to the underwriters, includes all 7.6 millio...

Butterfield Bank plans to hold a registered public secondary offering of up to $100 million worth of its common shares. The bank will not receive any of the proceeds of the sale as the offering is from a group of major shareholders. In a primary pro...

Bank of Butterfield has reported profits of $115.9 million for last year — up $38.2 million on the $77.7 million recorded the year before. Net income per share was $1.18, down 5 cents on the previous year. After removing the effects of noncore items,...

Butterfield Bank has completed the orderly wind down of its London-based private banking business and discontinued its deposit-taking and investment management services in Britain. It will continue to provide a high-net worth residential mortgage ser...

Butterfield Bank today quashed social media rumours its ATM network had been hacked. A spokesman for the banks said: “We can assure our customers that this statement is false and that it is safe to conduct banking transactions using Butterfield ATMs....

Butterfield Bank gained some massive new shareholders — including some of the biggest names on Wall Street — as a result of its initial public offering on the New York Stock Exchange in September. Regulatory filings show an impressive breadth of inst...

Borrowers are set to pay more interest on their mortgages and loans after the central bank of the US declared an interest-rate rise of a quarter of a percentage point. The increase in the US Federal Reserve’s federal funds rate, which was widely anti...

Butterfield Bank has won a bank of the year award for the fourth year in a row. The bank was given the accolade by international banking publication The Banker. Michael Collins, Butterfield’s chief executive officer, said: “Having earned that distinc...