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Bank of Butterfield cash machines went down today after a glitch in the system. Additionally, some point-of-sale machines in stores were also unable to process Butterfield cards. A spokesman for the bank confirmed: “We had a brief outage this afterno...

Standard & Poor’s Rating Services has downgraded Butterfield Bank as a direct result of the Bermuda Government’s credit rating downgrade earlier this week. But even as it cut Butterfield’s long-term issuer credit rating to BBB from BBB+, the rating a...

America’s Cup chiefs are banking on Butterfield to provide financial smooth sailing. For the Bank of Butterfield has been named the official bank of the America’s Cup. The news means the bank will provide all banking services to the America’s Cup Eve...

News that the fifth-biggest bank in Canada is to end its ownership stake in Butterfield Bank has been characterised as “a real a show of independence and strength” for the Island institution by Butterfield CEO Brendan McDonagh. “Butterfield Bank is r...

Diversifying and making overseas acquisitions have played a part in Butterfield Bank growing its business during the past year, according to chief executive officer Brendan McDonagh. As he looked forward to the remainder of this year, and beyond, he ...

The Bank of Butterfield has been named Bermuda’s best bank by a prestige US financial magazine. Global Finance picked Butterfield for the 2015 honour as part of its world’s best developed market awards. Butterfield chairman and CEO Brendan McDonagh s...

Butterfield customers are being advised online that the bank’s ATMs will be unavailable from 3am to 7pm tomorrow. During that time, the Butterfield Debit MasterCard Card will not be available for use at Butterfield and non-Butterfield ATMs. The bank ...

A Bermuda bank is to beef up its security — and axe its current online safety system which uses a key-shaped tag to generate a security code. But the bank said the decision to start an automated phone “call-to-verify” scheme for transactions that rai...

Butterfield Bank today reported net income of $98.3 million for 2014, up by more than 25 per cent from the previous year. The results represented a fourth consecutive year of earnings growth for Butterfield. Chairman and chief executive officer Brend...

Butterfield Bank is to axe phone banking in the new year. The bank said a lack of demand, new technology and support needs were behind the decision to end the service. A spokesman for the bank said: “Telephone banking has been trending downward, whil...

Butterfield Bank has been named Bank of the Year by The Banker magazine in both Bermuda and the Cayman Islands. It was the second consecutive year that the international banking industry publication gave Butterfield the award for both jurisdictions. ...

Some Butterfield Bank customers were unable to access their accounts online yesterday. After customers log in, there have been reports that a proportion of the attempts were met with the following message: “The Butterfield Online Banking access has b...