Butterfield Receives CityWealth IFC Award

January 27, 2016

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 Bank of the Year – Caribbean. Butterfield was also named Runner Up in the Trust Company of the Year – Switzerland category.

Michael Collins, Butterfield’s Chief Executive Officer said, “Wealth management and fiduciary services are core businesses for Butterfield Group, and we are pleased that our international private banking and trust operations are, once again, being recognised with prestigious Citywealth awards.

“I congratulate our teams in Bermuda, the Cayman Islands and The Bahamas, along with their colleagues in Guernsey and Switzerland—with whom they work closely to provide innovative financial and fiduciary solutions for our clients—on this significant accomplishment.”

Bob Moore, Executive Vice President and Head of Group Trust at Butterfield said, “Through Butterfield’s network of individually incorporated trust companies in key financial centres, we are well placed to create bespoke solutions for our clients that draw upon our access to international expertise and structures.

“Butterfield’s multi-jurisdictional capabilities are a key organisational strength and a major factor in the success and growth of our Caribbean and Swiss businesses whose accomplishments have been recognised by Citywealth.”

Citywealth International Financial Centre Awards were established to highlight the excellence of the advisers and managers in the private wealth sector in major international financial centres.

The awards are judged by an international panel of highly respected practitioners from all sectors with experience of working with advisers in all the jurisdictions covered. The winners have excelled in achievement, innovation, expertise and service.

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