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Moody’s Investors Service has downgraded the ratings of Butterfield Bank citing its still-high level of nonperforming assets amid Bermuda’s continuing recession. Butterfield’s stand-alone bank financial strength rating/baseline credit assessment was ...

Butterfield is continuing its share buy-back programme, purchasing another $1 million worth of common shares last month. In a filing with the Bermuda Stock Exchange, Butterfield announced that during the month of April it purchased for Treasury 1,080...

Butterfield’s share price has reached a one-year high, helping to boost the Bermuda Stock Exchange by more than 11 percent this year. Analysts say reasons for the bank’s rise in share price may be improved confidence in Butterfield and global markets...

April 11, 2013 Dear Sir, We all now know that it was the greed of bankers that started the greatest recession in living memory. As usual, the bankers haven’t suffered unduly; it is the common customers and the shareholders that bear the brunt along w...

Butterfield Bank has cancelled its existing common share buy-back programme in order to implement a new programme for the purchase of up to 10 million common shares. The bank’s board approved the move on Monday, agreeing the buy-back will not exceed ...

Business owner Wendall Brown has been nominated for a Butterfield Bank directorship. The Board of Directors of Butterfield yesterday said Mr Brown will be nominated for election at the Annual General Meeting of shareholders set for May 1. Mr. Brown i...

Butterfield Bank has bought back more of its own shares as it continues its buy-back programme. During February it brought back 83,313 common shares at an average cost of $1.297 per share, according to a filing with the Bermuda Stock Exchange. The ba...