Hashtag: #BermudaBanks
Cornerstone Acquires Controlling Interest In CGL
Clarien Bank Limited announced that, pending regulatory approvals, Cornerstone Financial Holdings Ltd or its nominee, will acquire a controlling interest in Clarien Group Limited [CGL]. A spokesperson said, “Clarien Bank Limited [the Bank /Clarien], a leading financial institution on the Island, is pleased to announce that, pending regulatory approvals,... Read more of this article
Protecting Seniors Against Financial Abuse
The Bermuda Bankers Association announced support for World Elder Abuse Awareness Day on June 15, highlighting the need to recognize and prevent financial abuse, especially among older adults. A spokesperson said, “The Bermuda Bankers Association supports World Elder Abuse Awareness Day, which takes place each year on June 15th. This is an opportunity... Read more of this article
Butterfield Offering Free Financial Class
Butterfield is offering a free money management and financial literacy class next month for full-time college and university students between the ages of 18 and 30. A spokesperson said, “The Butterfield 101 Money Management Programme will be held on Thursday, 18 July, from 5:30pm at Butterfield’s Head Office on Front Street. Retail banking professionals... Read more of this article
Butterfield Bank Announces May Repurchases
The Bank of N.T. Butterfield & Son Limited notified the Bermuda Stock Exchange that it repurchased and canceled 404,066 common shares at an average price of $35.04 per share in May 2024. The filing stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock... Read more of this article
Butterfield Launching Google Pay In Bermuda
The Bank of Butterfield is launching Google Pay for its clients, “enabling them to add personal debit, credit cards and business debit cards to Google Wallet.” A spokesperson said, “Butterfield has collaborated to launch Google Pay for its clients, enabling them to add personal debit, credit cards and business debit cards to Google... Read more of this article
Butterfield Bank Announces April Repurchases
The Bank of N.T. Butterfield & Son Limited notified the Bermuda Stock Exchange that it repurchased and canceled 438,390 common shares at an average price of $31.87 each in April 2024. The filing said, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44of the Bermuda Stock Exchange... Read more of this article
HSBC Debit Cardholders Get Free 1GB Data
HSBC said they are “pleased to be offering a new benefit to our HSBC Visa Platinum debit cardholders which enables them to redeem a 1GB eSIM for 15 days and enjoy global data connectivity.” A spokesperson said, “Download the GigSky app today. These customers will be able to travel the world without incuring data roaming charges and... Read more of this article
Butterfield Reports First Quarter 2024 Results
The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter ended March 31, 2024. A spokesperson said, “Net income for the first quarter of 2024 was $53.4 million, or $1.13 per diluted common share, compared to net income of $53.5 million, or $1.11 per diluted common share, for the previous quarter and $62.2... Read more of this article
Butterfield Share Repurchases For March 2024
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of March 2024, repurchased for cancellation 338,313 Common Shares at an average price of $30.22 per share. Related Stories Butterfield Offering Free Financial Class Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield... Read more of this article
Clarien Bank Appoints Roger Brown As SVP
Clarien Bank announced the appointment of Roger Brown as Senior Vice President and Head of Commercial Banking, saying he will “provide strategic leadership and drive growth within Clarien’s Commercial Banking division. A spokesperson said, “Clarien Bank, a trusted and well-established financial institution in Bermuda, is excited to... Read more of this article
Butterfield Share Repurchases For Feb 2024
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of February 2024, repurchased for cancellation 399,269 Common Shares at an average price of $29.87 per share. Related Stories Butterfield Offering Free Financial Class Butterfield Share Repurchases For March 2024 Bank Of Butterfield... Read more of this article
Bank Of Butterfield Notice Of Share Ownership
In a filing with the Bermuda Stock Exchange, The Bank of N.T Butterfield & Son Limited provided notice of shareholder ownership over 5%. The notice said, “Pursuant to BSX Regulation 6.14 [2] [ii] we write to notify the BSX that the following shareholders now hold 5% or more of the Bank’s outstanding ordinary shares: Blackrock Inc –... Read more of this article
Butterfield Reports Fourth Quarter 2023 Results
The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter and year ended December 31, 2023. A spokesperson said, “Net income for the year ended December 31, 2023 was $225.5 million, or $4.58 per diluted common share, compared to $214.0 million, or $4.29 per diluted common share, for the year ended December... Read more of this article
Butterfield Share Repurchases For Jan 2024
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of January 2024, repurchased for cancellation 418,208 Common Shares at an average price of $30.98 per share. Related Stories Butterfield Offering Free Financial Class Butterfield Share Repurchases For March 2024 Butterfield Share... Read more of this article
Butterfield Senior Management Appointments
The Bank of Butterfield today [Jan 15] announced the appointment of Michael Neff as Group Chief Operating Officer, Jody Feldman as Managing Director and Kevin Dallas as Butterfield’s Group Chief Experience Officer. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited today announced the promotion of Michael Neff to Group Chief... Read more of this article
Butterfield Share Repurchases For Dec 2023
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of December 2023, the Bank repurchased for cancellation 338,740 Common Shares at an average price of $31.44 per share. Related Stories Butterfield Offering Free Financial Class Butterfield Share Repurchases For March 2024 Butterfield... Read more of this article
