Hashtag: #BermudaBanks
New Regulations For Bank Overdraft & Limit Fees
Premier David Burt tabled regulations which he said “represent an important step in ensuring that Bermuda’s financial services framework provides fair treatment for consumers.” Speaking in the House of Assembly today [Sept 26], the Premier said, “Earlier today I tabled the regulations entitled the Banks and Deposit Companies [Over-the-Limit... Read more of this article
Clarien Bank Reducing Base Lending Rate
Clarien Bank’s Bermuda Dollar base lending rate will be reduced by 0.25% as of October 1. A spokesperson said, “Clarien today announced that, commencing 1 October 2025, its Bermuda Dollar base lending rate will be reduced by 0.25%. “This change means that interest rates on loans and other credit facilities tied to the base rate will... Read more of this article
Butterfield Bank Reduces Base Interest Rates
The Bank of Butterfield is reducing its base interest rates on loans and mortgages by 0.25%. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited [“Butterfield”] announced that, in response to today’s decrease in the target range of the US Federal Funds Rate, it is reducing its base interest rates on loans and mortgages... Read more of this article
Butterfield Share Repurchases For August 2025
The Bank of Butterfield repurchased for cancellation 206,102 common shares at an average price of $45.01 per share in August 2025. The filing with the BSX stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange Listing Regulations, the company repurchased... Read more of this article
Clarien & Visa Launch Cash Back Program
Clarien Bank has partnered with Visa to launch a Visa Cash Back Program giving customers access to exclusive rebates on hotels, car rentals, retailers, and restaurants across the United States. A spokesperson said, “The partnership makes Clarien the first Bermudian bank to bring Visa’s popular international cashback programme to local cardholders,... Read more of this article
Butterfield Awards Scholarships To 3 Students
Butterfield has awarded its annual scholarships to three students, including Bermudian Jeriel Fernandes, who will receive $30,000 for the upcoming academic year. A spokesperson said, “Butterfield has awarded its annual scholarships to three promising students, including Bermudian Jeriel Fernandes, who will receive $30,000 for the upcoming academic... Read more of this article
Butterfield Celebrates 2025 Summer Interns
Butterfield has completed its 2025 Summer Internship programme, with ten Bermudian undergraduate students taking part. A spokesperson said, “Butterfield is pleased to announce the successful completion of its 2025 Summer Internship programme, which provided ten Bermudian undergraduate students with valuable hands-on experience in the financial... Read more of this article
Butterfield Share Repurchases For July 2025
The Bank of Butterfield repurchased for cancellation 284,100 common shares at an average price of $45.75 per share in July 2025. The filing with the BSX stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange Listing Regulations, the company repurchased... Read more of this article
Photos & Video: HSBC Hamilton Celebration
HSBC Bermuda helped to spread the holiday spirit today [July 30] with a Cup Match celebration at their Harbourview branch as well as a motorcade through Hamilton, which follows after their events held in both Somerset and St George’s earlier this week. You can view all our coverage of Cup Match here and for comprehensive coverage of all... Read more of this article
Photos & Video: HSBC St. George’s Event
HSBC Bermuda helped to spread the holiday spirit today [July 29] with a Cup Match celebration at their St George’s branch, which follows after their event in Somerset held yesterday. The event will be followed by a celebration at the Harbourview branch on Wednesday [July 30], with the bank set to also hold a motorcade in Hamilton on Wednesday. A... Read more of this article
Photos & Video: HSBC Somerset Event
HSBC Bermuda helped to spread the holiday spirit today [July 28] with a Cup Match celebration at their Somerset branch. The event will be followed by a celebration at the St. George’s branch tomorrow [July 29] and at the Harbourview branch on Wednesday [July 30], with the bank set to also hold a motorcade in Hamilton on Wednesday. You can view all... Read more of this article
Butterfield Reports 2025 Second Quarter Results
The Bank of N.T. Butterfield & Son Limited announced financial results for the quarter ended June 30, 2025. A spokesperson said, “Net income for the second quarter of 2025 was $53.3 million, or $1.25 per diluted common share, compared to net income of $53.8 million, or $1.23 per diluted common share, for the previous quarter and $50.6 million,... Read more of this article
