Hashtag: #BankOfButterfield

Butterfield To Close Waterfront Banking Centre

Butterfield To Close Waterfront Banking Centre

The Bank of N.T. Butterfield & Son Limited today [Feb 3] announced that it will close its Waterfront Banking Centre, located at 90 Pitt’s Bay Road in Pembroke, effective 5 February 2016. “The on-site ATM will remain in its current location but will be unavailable for a short period as the space is renovated. The closest Butterfield ATM... Read more of this article

Butterfield Introduce $2 ‘Statement Imaging’ Fee

Butterfield Introduce $2 ‘Statement Imaging’ Fee

Saying they adjust service fees “based on a variety of factors, including changes in customers’ channel usage preferences and associated transaction volumes,” the Bank of Butterfield has amended their fee structure, including introducing a $2 charge for “statement imaging.” A Bernews reader emailed in about the $2 charge, and... Read more of this article

Butterfield Receives CityWealth IFC Award

Butterfield Receives CityWealth IFC Award

Butterfield — comprising Bermuda-based Bank of N.T. Butterfield & Son Limited and its international subsidiaries —  has received two International Financial Centre Awards from Citywealth, the UK-based publisher of wealth-management industry news and directories. Butterfield was named Trust Company of the Year – Caribbean and Private... Read more of this article

Cayman Butterfield President & COO To Retire

Cayman Butterfield President & COO To Retire

Butterfield Group today [Jan 14] announced that Conor O’Dea, President & Chief Operating Officer and Managing Director of Butterfield Bank [Cayman] Limited will retire from his executive roles on 26 April 2016. Upon his retirement, Mr. O’Dea will become Non-Executive Chairman of the Board of Butterfield Bank [Cayman] Limited. The current Non-Executive... Read more of this article

Bank Of Butterfield’s Treasury Shares Buy Back

Bank Of Butterfield’s Treasury Shares Buy Back

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of November 2015, the Bank purchased for Treasury 350 Common Shares at an average price of $1.80 per shares. There were no Preference Shares purchased. In addition, during the month of December 2015, the Bank purchased for Treasury... Read more of this article

Bank Of Butterfield Donates $5,000 To Coalition

Bank Of Butterfield Donates $5,000 To Coalition

The Bank of N.T. Butterfield & Son Limited recently presented the Coalition for the Protection of Children with a $5,000 donation; the proceeds of its employee Holiday Raffle ticket sales. Throughout November, Butterfield employees had the opportunity to purchase $1 Holiday Raffle tickets for a chance to win some great prizes, including vacation... Read more of this article

Banker Names Butterfield “Bank Of The Year”

Banker Names Butterfield “Bank Of The Year”

International banking industry publication, The Banker, named The Bank of N.T. Butterfield & Son Limited and Butterfield Bank [Cayman] Limited [collectively “Butterfield”] the recipients of its “Bank of the Year 2015” Awards in Bermuda and the Cayman Islands. Butterfield was similarly named The Banker’s Bank of the Year in Bermuda and... Read more of this article

Butterfield: Treasury Shares Buy Back Program

Butterfield: Treasury Shares Buy Back Program

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited [the “Bank”] announced that during the month of October 2015, the Bank purchased for Treasury 101,917 Common Shares at an average price of $1.761 per share. In addition, there were no Preference Shares purchased. Related StoriesButterfield To... Read more of this article

Butterfield Named Best Private Bank In Bermuda

Butterfield Named Best Private Bank In Bermuda

The Bank of N.T. Butterfield & Son Limited was recently named Best Private Bank in Bermuda 2015 by both US-based Global Finance and UK-based Financial Times’ publications Professional Wealth Management and The Banker. Commenting on the awards, Nir Sadeh, Senior Vice President and Head of Private Banking at Butterfield said, “We are honoured... Read more of this article

Butterfield To Acquire Bermuda Trust Company

Butterfield To Acquire Bermuda Trust Company

The Bank of N.T. Butterfield & Son Limited today announced that it has reached an agreement to acquire Bermuda Trust Company Ltd and the private banking investment management operations of HSBC Bank Bermuda Limited. “In addition Butterfield has entered into a referral agreement with HSBC Bermuda to take on select Private Banking clients. The... Read more of this article

Bank Of Butterfield Reports Third Quarter Profit

Bank Of Butterfield Reports Third Quarter Profit

The Bank of N.T. Butterfield & Son Limited announced core earnings for the third quarter ended 30 September 2015 of $29.3 million, an improvement of $2.2 million compared to $27.1 million earned in the same quarter a year ago. The return on average common equity for the third quarter improved to 15.0% in 2015, compared to 10.9% in the third quarter... Read more of this article

Butterfield’s Brendan McDonagh To Step Down

Butterfield’s Brendan McDonagh To Step Down

The Bank of Butterfield announced that Brendan McDonagh, Executive Chairman, has informed the Board of his plans to step down from his post at the Company, effective immediately. “Mr. McDonagh has agreed to continue to be available to the Board and the Bank’s senior management to ensure a seamless transition,” the Bank said. “Mr.... Read more of this article

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