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Butterfield Bank’s performance for the second half of 2011 is expected to play out much the same as the first six months with quarterly earnings in the range of $4 million to $7 million. That is according to LOM’s second quarter research update on th...

Software upgrades on Butterfield Bank ATMs have caused some of the machines to be temporarily out of order. The problems will in no way compromise security or customer accounts, a bank spokesman said. “This is a small particular issue related to soft...

Butterfield Bank has reported net income of $11.8 million for the three months ended June 30--- the second quarter in a row it has made a profit. The bank had recorded net income of $8.4 million in the first quarter of 2011. The bank’s chief execut...

The number of Butterfield Bank and Capital G borrowers' vehicles and assets being repossessed during the economic crisis is “exceptionally low”, according to the bank. Officials say they have had to seize far fewer cars and other belongings than othe...

Butterfield Bank last night warned of a circulating e-mail requesting account details from its customers. The e-mail thanks users for previously updating their account information. It then reads: “Our review of the information you provided however in...

Butterfield Bank has announced the appointment of Paul O’Neill to its London, UK-based core strategy and research team. Mr O’Neill, a former barrister, has several years experience as a portfolio manager with private wealth offices. At Butterfield h...

Butterfield Bank has received a boost from ratings agency Fitch which has affirmed some of its ratings and raised others. Fitch said Butterfield's long-term Issuer Default Rating (IDR) had been affirmed at ‘A-' and its short-term IDR at ‘F1' and the...

Butterfield Bank needs to report a few successive quarters of earnings growth before its shares would become a viable investment opportunity, according to a top analyst with LOM. Jeremy Dyck, an investment adviser with LOM Securities (Bahamas) Ltd., ...