Hashtag: #BankOfButterfield
Police Issue Warning: Fake Bank E-mail
The police have issued a warning about a fake e-mail claiming to be from the Bank of Butterfield which encourages recipients to ‘update their contact e-mail address’ for online banking. A police spokesperson said, “Once again the Bermuda Police Service would like to remind members of the public to remain vigilant regarding phishing e-mails... Read more of this article
S&P Affirms Butterfield Bank’s Ratings
The Bank of N.T. Butterfield & Son Limited today announced that, in a report dated 31 August 2011, credit rating agency Standard & Poor’s has affirmed Butterfield’s long-term credit rating at A- and its short-term customer deposit rating at A-2. In its report, S&P cited Butterfield’s strong competitive positions in Bermuda and the... Read more of this article
Victor Dodig Joins Bank of Butterfield Board
The Bank of N.T. Butterfield & Son Limited today [Aug.18] announced that Victor G. Dodig has joined its Board of Directors. Mr. Dodig was nominated for appointment to the Board by Canadian Imperial Bank of Commerce [CIBC] to replace John Orr, as one of its two representatives on Butterfield’s 12-member Board. He was elected to the Board on 27... Read more of this article
Video: Butterfield Bank Donates School Supplies
This afternoon [Aug.16] Butterfield Bank and their employees presented the proceeds of their back-to-school fundraising drive, which will provide school supplies for more than 500 primary and middle school students in need. Students from 14 primary schools and four middle schools will receive school supplies including backpacks, lunchboxes, water bottles,... Read more of this article
Butterfield Bank Net Income: $11.8 Million
The Bank of N.T. Butterfield & Son Limited today [July 26] reported second quarter net income of $11.8 million, compared to net income of $8.4 million in the first quarter of 2011 and net income of $0.2 million in the second quarter of 2010. Brad Kopp, Butterfield’s President & Chief Executive Officer, said, “We are pleased that Butterfield... Read more of this article
Saunders: Butterfield’s European Asset Head
The Bank of N.T. Butterfield & Son Limited today [July 18] announced that Richard Saunders, Senior Manager responsible for Butterfield Bank (Guernsey) Limited’s asset management business, has been promoted to Head of European Asset Management. His appointment will extend his responsibilities to include the Bank’s onshore asset management business... Read more of this article
Solar Energy: Butterfield To Offer Financing
Local company Alternative Energy Systems (AES) today announces it has partnered with The Bank of N.T. Butterfield & Son Limited to offer the island’s first financing deal for customers in Bermuda who wish to install a SunPower photovoltaic (PV) solar energy system at their homes or businesses. For Butterfield mortgage customers, the loan will... Read more of this article
Premier’s Statement On $200 Million Loan Facility
This morning [June 24] Minister of Finance and Premier Paula Cox spoke in the House of Assembly saying that the “Government finance team has been able to successfully negotiate a BD$200,000,000 3 year term loan facility agreement with Butterfield Bank Limited.” Premier Cox said the strategy for 2011/12 is to borrow in Bermuda in Bermuda... Read more of this article
Appointment To Bank’s Core Research Team
Bermuda’s Bank of N.T. Butterfield & Son Limited today [May 23] announced that it has appointed Paul O’Neill to its London, UK-based Core Strategy and Research team. Mr. O’Neill, a former barrister, has several years experience as a portfolio manager with private wealth offices. At Butterfield he will act as senior investment research... Read more of this article
Butterfield Bank Receives Ratings Upgrades
Fitch Ratings has affirmed Bank of N.T. Butterfield & Son Limited’s long-term Issuer Default Rating [IDR] at ‘A-’ and short-term IDR at ‘F1 and the outlook for the Bermuda financial institution has now been upgraded to Stable. The international ratings agency has also withdrawn the ‘F’ Individual rating and... Read more of this article
Butterfield Bank Q1 Net Income: $8.4 Million
The Bank of N.T. Butterfield & Son Limited today [Apr.26] reported first quarter net income of $8.4 million. This compares to a net loss of $176.3 million [net income of $3.8 million on a normalised basis] in the first quarter of 2010. The first quarter of 2010 included an other-than-temporary impairment loss of $60.5 million and realised losses... Read more of this article
Butterfield Bank Employees Donate Blood
Bradley Rowse, Executive Vice President & Chief Financial Officer of The Bank of N.T. Butterfield & Son Limited joined 10 employees from the Bank’s private banking and investment divisions to give blood at the Bermuda Red Cross’ donation centre at King Edward VII Memorial Hospital last week. Nir Sadeh, Butterfield’s Vice President and... Read more of this article
