Hashtag: #BermudaBanks
Bank Of Butterfield Repurchase Shares
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of October 2012 the Bank bought for Treasury 909,216 common shares at an average cost of 1.230 per share. The Bank also repurchased and cancelled 147 NTB 8% Preferred shares at an average cost of 1231.606 per share. Related Stories Butterfield... Read more of this article
Butterfield Bank Reports Q3 Earnings
The Bank of N.T. Butterfield & Son Limited today reported third quarter core earnings of $11.5 million ($0.01 per Share on a fully diluted basis) compared to $11.3 million in the third quarter of 2011. Total net income for the third quarter was $18.8 million, including $7.3 million of net income from discontinued operations primarily from the sale... Read more of this article
13 Staff Made Redundant At Capital G Bank
Capital G Bank Limited today [Oct 11] confirmed 13 employee redundancies, which they said were as a result of the “identification of recent operational efficiencies and the need to meet the skill sets required in order for the Bank to better achieve success in the future.” The redundancies consist of 1 international and 12 Bermudian employees... Read more of this article
HSBC’s Home Improvement Financing Event
HSBC Bermuda’s Business Banking clients have joined forces to share their home improvement ideas to all interested members of the public during an evening event scheduled for Thursday, 11 October from 6-8 p.m, at HSBC Harbourview Centre, 6th floor. The theme of the event is “Gaining financing for home renovations” with the local business... Read more of this article
Butterfield Bank Share Repurchases
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of September 2012 the Bank bought for Treasury 1,494,678 common shares at an average cost of 1.232 per share. Related Stories Butterfield Bank Hosts America’s Cup Trophy Butterfield Share Repurchases For Dec 2025 Butterfield... Read more of this article
Commercial Bank Restructuring Complete
Bermuda National Limited announced today [Oct 1] that the restructuring of Bermuda Commercial Bank Limited [BCB] has been completed. BCB’s Shares were cancelled for trading on the Bermuda Stock Exchange and the BNL Shares were admitted to and commenced dealings on the BSX. The BNL Shares trade on the BSX under the ticker code BNL.BH. Defined terms... Read more of this article
23 Schools Assisted By Back To School Drive
For the fourth consecutive year, The Bank of N.T. Butterfield & Son Limited and its employees have hosted a back-to-school drive. This year, in addition to assisting primary and middle school students in need, the proceeds will also provide essential teaching supplies to support 23 schools. 18 primary schools and five middle schools will receive... Read more of this article
BCB Bank Approves Proposed Restructuring
Bermuda Commercial Bank Limited [BCB] announced that at the Bank’s Special General Meeting held earlier today [Sept 18], the Merger Agreement between BCB, BNL I Limited and Bermuda National Limited was unanimously approved and adopted. Shareholders interested in 5,931,905 Shares in BCB representing approximately 84.11 per cent. of the Bank’s... Read more of this article
BCB Asset Management: Investment Offerings
BCB Asset Management Limited announced a subadvisory relationship with Muzinich & Co., a global institutional investment manager specializing in corporate credit strategies dedicated to generating income and long-term capital appreciation with limited volatility. Headquartered in New York, and with offices in London, Cologne and Paris, Muzinich... Read more of this article
Capital G Bank Hurricane Leslie Advisory
“In the best interest of its clients and employees, and due to the size and unpredictability of Hurricane Leslie, Capital G Bank Limited will close its in-branch and call centre services on Saturday, 8th September,” a statement from the Company said. “Capital G will operate as normal today, Friday 7th September until 5pm. Call Centre... Read more of this article
Butterfield Bank Prepares For Hurricane Leslie
The Bank of N.T. Butterfield & Son Limited today [Sept 6] announced that, due to the approach and potential impact of Hurricane Leslie over the weekend, in-branch banking and drive-thru banking services will not be available on Saturday, 8 September 2012. Butterfield’s Internet and telephone banking services will be available as usual. The Bank’s... Read more of this article
New Butterfield Bank CEO: Brendan McDonagh
The Bank of N.T. Butterfield & Son Limited today [Aug 31] announced that Brendan McDonagh, who was previously Executive Chairman, has been appointed Chairman & Chief Executive Officer with immediate effect. Mr. McDonagh joined Butterfield in January 2012 as Executive Chairman Designate and was officially appointed to the position of Executive... Read more of this article
