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Butterfield Bank is giving full assistance to an investigation involving millions of dollars, allegedly connected to a fugitive former civil servant in Mexico, that were deposited at the bank. The US government filed a complaint last month to seize t...

Butterfield Bank has cut eight jobs in its Corporate Banking and Investment Services departments. The employees were informed yesterday that they were being let go. “Butterfield confirms that eight employees in Bermuda were advised that their positio...

Profits fell but core earnings rose for Butterfield Bank in 2012, and that has allowed it to declare a four cent special dividend — the first payment on common shares since dividends were suspended four years ago. The bank’s profit was $25.6 million...

Butterfield Bank has repurchased 7.5 million of its own common shares and nearly 4,500 of its preferred shares in the past year plus the month of January. And pleasing for investors, the bank’s shares, which closed at $1.30 yesterday, have risen 31 p...

About 28 employees of Butterfield Bank have opted to take up the company’s offer of early retirement. Last November Butterfield offered more than nine percent of its Bermuda workforce, or a total of 56 employees, voluntary early retirement, citing th...

Credit ratings agency Fitch has taken note of Butterfield Bank’s “overall improving financial profile” in affirming the bank’s ratings. Fitch affirmed Butterfield’s long-term Issuer Default Rating (IDR) at A-, its short-term IDR at F1 and Viability R...

Butterfield Bank has been targeted in another online e-mail scam, this one using the real name and contact details of an actual bank employee. This fraudulent e-mail correspondence asks customers to update their security questions on their online acc...

Butterfield Bank has offered more than nine percent of its Bermuda workforce, or 56 employees, voluntary early retirement, citing the economic slowdown and changes in technology. Butterfield already has reduced staff in Bermuda by 10 percent over the...