Tag: Bermuda banks

HSBC: Inoperable Terminals To Be Replaced

HSBC: Inoperable Terminals To Be Replaced

Following days of credit card terminal outages which have affected merchants across the island, HSBC Bermuda said that “by close of business tomorrow, all of the known inoperable terminals will have been replaced with new models.” As Bernews reported last week, the bank confirmed they were experiencing credit card terminal outages which... Read more of this article

Butterfield To Discontinue Phone Banking Service

Butterfield To Discontinue Phone Banking Service

Effective 24 January 2015, Butterfield will be discontinuing automated telephone banking services, saying that “telephone banking usage has been trending downward, whilst usage of alternative delivery channels has been increasing.” A spokesperson said, “A number of factors—including transaction volumes within this channel, technology... Read more of this article

Clarien Bank Staff Volunteer At Meals On Wheels

Clarien Bank Staff Volunteer At Meals On Wheels

Premier Michael Dunkley and Clarien Bank CEO Ian Truran welcomed Clarien Bank volunteers to Meals on Wheels for a volunteer day to support the Clarien Holiday GiveBack programme on Friday [Dec 12].Ian Truran, CEO Clarien Bank, previously said, “We are proud to launch the 2014 Clarien Holiday GiveBack programme, continuing our commitment to partner... Read more of this article

Spearing Appointed Head Of Private Banking

Spearing Appointed Head Of Private Banking

Clarien Bank Limited announced the appointment of Clare Spearing as Head of Private Banking. “Ms Spearing will be responsible for leading the new business efforts for private banking, providing overall strategic direction for the division, maintaining the Bank’s high level of client service and overseeing operational excellence for the group,”... Read more of this article

Preparations Will “Boost Economic Recovery”

Preparations Will “Boost Economic Recovery”

The Bank of N.T. Butterfield & Son today offered its congratulations to the Government of Bermuda and the Bermuda Tourism Authority for staging Bermuda’s successful bid for the 35th America’s Cup. Brendan McDonagh, Butterfield’s Chairman & Chief Executive Officer, said, “Today’s announcement by the ACEA that Bermuda will be the host... Read more of this article

Clarien Bank Launch Annual Holiday GiveBack

Clarien Bank Launch Annual Holiday GiveBack

Clarien Bank today [Nov 24] launched its eighth annual Holiday GiveBack programme, a donation initiative which encourages Clarien employees, customers and the entire community to collaboratively provide assistance to local charitable efforts during the season of giving. The programme will again benefit Meals on Wheels, with the goal of providing important... Read more of this article

First Donations From New ‘Clarien Foundation’

First Donations From New ‘Clarien Foundation’

Clarien Bank has today [Nov 13] announced the first donations have been made from The Clarien Foundation, its newly formed entity. A spokesperson said, “The Clarien Foundation is a charitable trust which oversees and executes all charitable endeavors and donations made by the Bank. The Foundation is committed to making annual donations to Bermudian... Read more of this article

Minister Richards Banking Trip Cost $2,220.11

Minister Richards Banking Trip Cost $2,220.11

The Government’s webpage providing the costs of Minister’s travel has been updated again, this time showing a $2,220.11 cost for Finance Minister Bob Richard’s trip to attend the 2014 G30 International Banking Seminar in Washington, DC. The trip took place from Saturday, October 11, 2014 to Monday, October 13, 2014, and the website... Read more of this article

Butterfield Bank Q3 2014 Net Income: $22.8M

Butterfield Bank Q3 2014 Net Income: $22.8M

The Bank of N.T. Butterfield & Son Limited today announced net income for the third quarter ended 30 September 2014 of $22.8 million [$0.03 per share on a fully diluted basis] compared to $21.6 million [$0.03 per share on a fully diluted basis] in the same quarter a year ago. Core earnings[1] for the third quarter were $27.1 million, an improvement... Read more of this article

Clarien Bank’s Notice For Hurricane Gonzalo

Clarien Bank’s Notice For Hurricane Gonzalo

Clarien Bank said they will “cease all operations effective Thursday, 16 October at 1pm in preparation for the impending approach and immediate aftermath of Hurricane Gonzalo. The Paget Plaza and Hamilton branch locations will remain closed through the weekend. “Customers are encouraged to complete all ACH and wire transactions by 12 noon... Read more of this article


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