Hashtag: #BankOfButterfield
Bermuda Motors & Butterfield Launch Promotion
Bermuda Motors is partnering with Butterfield in a special three-month promotion offering savings and rewards for consumers when they purchase a new car. During the “Drive A Great Deal” promotion from April 1 through June 30, 2011, Bermuda Motors will be offering $1,000 off the price of any vehicle in stock, including new models such as the MINI... Read more of this article
Butterfield Bank: 25 Employees Made Redundant
Butterfield Bank has confirmed that 25 staff members were made redundant today [Mar.30], with the Bank saying it was due to “internal reorganization.” A spokesperson said, “Butterfield confirms that 25 employees in Bermuda were advised today that their positions were made redundant as a consequence of internal reorganization. Roles... Read more of this article
Butterfield Announces Bahamas Appointments
Butterfield Bank (Bahamas) Limited [a wholly-owned subsidiary of Bermuda-based The Bank of N.T. Butterfield & Son Limited] today announced that, with effect from 1 June 2011, Robert Lotmore, who is currently Managing Director, will take on the position of Chairman of the Board of Butterfield Bank (Bahamas) Limited. Julien Martel, who is currently... Read more of this article
Butterfield Bank Introduces New Visa Card
The Bank of N.T. Butterfield & Son Limited has introduced the Butterfield British Airways Business Visa Card for business banking customers. Sean Lee, Butterfield’s Executive Vice President and Head of Bermuda Retail Banking said: “The new BA Business Visa Card is more than just a credit card,” Mr. Lee said. “Butterfield’s partnership... Read more of this article
Butterfield Bank Loses $207 Million in 2010
Bank of Butterfield today (Feb 22) announced a loss for the full year ended 31 December 2010 of $207.6 million (or $0.47 per fully diluted share), compared to a loss of $213.4 million, or $2.34 per fully diluted share, in 2009. Brad Kopp, Butterfield’s President & Chief Executive Officer, said “2010 was a year of building a strong foundation... Read more of this article
Butterfield: Neff New Head of Group Asset Mngt
The Bank of N.T. Butterfield & Son Limited today [Feb 15] announced that it has appointed Michael Neff as Executive Vice President, Head of Group Asset Management. Mr. Neff has nearly 25 years experience in financial services, having held senior roles in wealth management client services and business development functions. He began his career at... Read more of this article
Bank Shareholders To Profit From Sale
The Bank of N.T. Butterfield & Son Limited today [Feb.11] announced it has agreed to sell its minority ownership position in Butterfield Fulcrum to a new company founded by fund industry executives Tim Calveley and Glenn Henderson and private equity firm, BV Investment Partners. Butterfield Fulcrum will operate as a subsidiary of the new company. Proceeds... Read more of this article
Butterfield Fulcrum Changing Hands
Fund industry executives Glenn Henderson and Tim Calveley announced today [Feb. 9] that they have partnered with BV Investment Partners, a leading middle market private equity firm, in an agreement to acquire Bermuda fund administrator Butterfield Fulcrum. The Butterfield Fulcrum investment follows their 2009 acquisition of FORS Limited, an independent... Read more of this article
Citywealth List: Butterfield Managing Directors
Five senior Butterfield representatives have been named in an annual Leaders List detailing highly regarded figures in the wealth management, private banking and legal sectors. In Guernsey, Managing Director Bob Moore was mentioned on the ‘Private Bankers and Investment Managers Honours List’ and Managing Director of the trust company Paul Hodgson... Read more of this article
Butterfield Promotes Student Networking
The Bank of N.T. Butterfield & Son Ltd. yesterday (Dec. 22) held its sixth annual “Butterfield 411″ Student Networking Event at the Bermuda Society of Arts in City Hall. The objectives of the Butterfield 411 are to create opportunities for local high school graduates and college/university students by helping them to make important business... Read more of this article
Butterfield Appoints Frumkin as New VP
The Bank of N.T. Butterfield & Son Limited today (Dec 20) announced that it has appointed Daniel Frumkin as Executive Vice President & Chief Risk Officer. Mr Frumkin is a career banker with a depth of experience in risk management, credit and retail banking. He joins Butterfield after 21 years with member companies of the Royal Bank of Scotland... Read more of this article
120+ Homeless Receive Thanksgiving Lunch
30 Butterfield employees helped feed over 120 homeless members of our community during a special Thanksgiving luncheon at the Salvation Army today [Nov 25]. Major Shawn Critch, Divisional Commander for The Salvation Army in Bermuda said he was very pleased that he partnered with Butterfield this Thanksgiving and hoped that Butterfield’s volunteers... Read more of this article
