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Clarien Bank Resumes Normal Operations Friday

Clarien Bank Resumes Normal Operations Friday

Clarien Bank Limited will resume all business operations post Hurricane Humberto on Friday, September 20. The Hamilton and Paget Plaza locations will open at 8:30am per normal for in-branch services. Clarien Bank Limited CEO Ian Truran commented: “Our priority is always the safety of our clients and employees. We have completed a thorough assessment... Read more of this article

Hurricane Humberto: Butterfield Closures

Hurricane Humberto: Butterfield Closures

Due to the approach of Hurricane Humberto, Butterfield Banking Centre will close at 11.30am tomorrow [Sept 18], and all other Butterfield departments will close at 12.00pm. A spokesperson said, “Due to the approach and potential impact of Hurricane Humberto, Butterfield Banking Centres in Bermuda will close at 11:30 a.m. tomorrow, Wednesday, 18... Read more of this article

Clarien Bank Welcomes Sean Moran As SVP

Clarien Bank Welcomes Sean Moran As SVP

Clarien Bank today announced the appointment of Sean Moran as Senior Vice President, Head of Business Development. With more than 20 years’ experience in the financial services industry in Bermuda, Asia and North America, Mr. Moran will be responsible for leading and coordinating Clarien’s business development and sales efforts, primarily for the... Read more of this article

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

HSBC Harbourview Centre Open On Monday

HSBC Harbourview Centre Open On Monday

[Updated - Issues resolved!] HSBC Bank Bermuda advised that “due to a technical issue with the air conditioning system in the Harbourview Centre, the building will be closed on Monday, August 26.” A spokesperson said, “To ensure the safety and welfare of our employees, customers and the general public, we advise the following:“The... Read more of this article

Bank Foundation Awards $950K In Scholarships

Bank Foundation Awards $950K In Scholarships

The Bank of Bermuda Foundation recently held its annual Scholarship Awards reception at the Bermuda Underwater Exploration Institute. The event, a celebration of the achievement of twenty young and deserving local students, saw the Foundation award in excess of $950,000 in scholarships. A spokesperson said, “Bank of Bermuda Foundation continues... 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 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

Carter Continues Work With Bank Foundation

Carter Continues Work With Bank Foundation

After nearly two years as Programme Consultant for Bank of Bermuda Foundation, Vivien Carter “remains upbeat and excited about liaising with Bermuda’s non-profits on the grant-giving process and requirements under the Foundation’s Theory of Change [ToC].” A spokesperson said, “Introduced for the first time during the 2017 grant-giving... 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