Hashtag: #BankOfButterfield

Restructuring At Butterfield, Jobs Being Moved

Restructuring At Butterfield, Jobs Being Moved

Due to a “restructuring” that will result in some Bermuda-based positions being moved to Canada, twelve Butterfield employees in Bermuda “were given advance notice that their positions will be moved in the coming months” and “Butterfield is working to find alternative roles within the Bank for impacted employees.” A... Read more of this article

Sadia Wilson Awarded Butterfield Scholarship

Sadia Wilson Awarded Butterfield Scholarship

The Bank of Butterfield announced the recipients of its 2019 scholarship awards: Sadia Wilson [Sir Harry D. Butterfield Undergraduate Scholarship]; Barisse Griffin [Butterfield Post-Graduate Scholarship]; and Alexander Yang [Atlantic Undergraduate Scholarship for Employees’ Children]. Sadia Wilson, Sir Harry D. Butterfield Scholarship RecipientThe... Read more of this article

Bank Of Butterfield Building Decorated For Pride

Bank Of Butterfield Building Decorated For Pride

The Bank of Butterfield has decorated its head office in order to recognize and celebrate the upcoming Pride events, with the company highlighting the decorations on social media, with a photo and caption saying, “Butterfield head office getting dressed for Bermuda Pride 2019.” A spokesperson previously said, “Butterfield is providing financial... Read more of this article

Butterfield Introduces EMV 3-D Secure Online

Butterfield Introduces EMV 3-D Secure Online

Butterfield has today adopted EMV 3-D Secure [2.0] as its new standard for protecting customers who use their credit and debit cards for online purchases. “EMV 3-D Secure was developed by EMVco [representing Europay, Mastercard, and Visa] as a new way to validate card transactions to decrease the incidence of fraud and false declines, whilst making... Read more of this article

Butterfield Shortlisted For Six Citywealth Awards

Butterfield Shortlisted For Six Citywealth Awards

Butterfield has been shortlisted in six categories in the Citywealth International Finance Centre [IFC] Awards 2020. Butterfield has been nominated for Trust Company of the Year in four categories: Switzerland; Hong Kong and Singapore; The Bahamas, Bermuda and Cayman; and Guernsey. Paul Hodgson, Managing Director of Butterfield Trust [Guernsey] Limited... Read more of this article

Butterfield Bank Sponsors Bermuda Pride 2019

Butterfield Bank Sponsors Bermuda Pride 2019

The Bank of N.T. Butterfield & Son Limited today [July 30] officially announced its sponsorship of Bermuda Pride 2019. A spokesperson said, “Butterfield is providing financial support to OUTBermuda for Bermuda Pride 2019, and will have a presence in the parade and at the community celebration in Victoria Park.” Michael Neff, Butterfield’s... Read more of this article

Butterfield Bank Financial Results For 2019 Q2

Butterfield Bank Financial Results For 2019 Q2

The Bank of Butterfield today announced financial results for the second quarter ended June 30, 2019. Net income for the second quarter was $38.6 million or $0.72 per diluted common share, compared to $52.1 million or $0.96 per common share for the previous quarter and $49.7 million, or $0.89 per common share in the second quarter of 2018. Second... Read more of this article

KBRA Assigns Ratings To Bank Of Butterfield

KBRA Assigns Ratings To Bank Of Butterfield

Kroll Bond Rating Agency [KBRA] has KBRA has assigned the Bank of N.T. Butterfield & Son Limited a senior unsecured debt and deposit ratings of A+, a subordinated debt rating of A, and short-term debt and deposit ratings of K1. The ratings agency said, “Kroll Bond Rating Agency [KBRA] assigns senior unsecured debt and deposit ratings of A+,... Read more of this article

Butterfield & BF&M Sponsor Triangle Challenge

Butterfield & BF&M Sponsor Triangle Challenge

Following the announcement of the transformation of the Bermuda Triangle Challenge [BTC], the BTC organizing committee announced that the Bank of Butterfield will be the exclusive lead sponsor for the Front Street Mile event, to be held on Friday, January 17, 2020, and BF&M will be the exclusive lead sponsor for the 10k Walk & Run event, to... Read more of this article

Butterfield Complete Acquisition Of ABN AMRO

Butterfield Complete Acquisition Of ABN AMRO

The Bank of Butterfield has completed the acquisition of ABN AMRO [Channel Islands] Limited [ABN AMRO CI], the Channel Islands-based banking subsidiary of ABN AMRO Bank N.V., following receipt of all regulatory approvals. Effective today, ABN AMRO CI has been renamed Butterfield Bank [Channel Islands] Limited [BBCI]. Over the next 12 months, Butterfield... Read more of this article

Bank Of Butterfield Appoint Craig Bridgewater

Bank Of Butterfield Appoint Craig Bridgewater

The Bank of Butterfield today announced that Craig Bridgewater will join the Bank as Group Head of Finance on October 7th, 2019. He will report to Michael Schrum, Group Chief Financial Officer. “Mr. Bridgewater was most recently a Managing Director at KPMG in Bermuda where he led the firm’s banking and asset management practice,” a spokesperson... Read more of this article

Butterfield Announces Management Changes

Butterfield Announces Management Changes

The Bank of Butterfield announced that Daniel Frumkin, Group Chief Operating Officer, has informed the Bank of his decision to step down from his post, effective immediately. Mr. Frumkin has agreed to continue to be available to the Bank’s senior management to ensure a seamless transition. As a result of this departure, Michael Neff, Managing Director... Read more of this article

Results Of Vote At Bank Of Butterfield AGM

Results Of Vote At Bank Of Butterfield AGM

The Bank of Butterfield announced the results of the Shareholders’ vote at the Bank’s 115th Annual General Meeting held earlier today. “Each of the proposals numbered 1 through 3 on the Meeting Agenda was approved by the requisite vote, including the re-election as directors of all persons nominated: Michael Collins, Alastair Barbour, James... Read more of this article