business and finance AXA XL Announces Insurance P&C Leaders By bernews.com Published On :: Fri, 27 Sep 2024 13:44:07 +0000 AXA XL announced that Mark Flanagan has been appointed to the new role of Head of Property & Casualty, Bermuda. A spokesperson said, “AXA XL announced today that Mark Flanagan has been appointed to the new role of Head of Property & Casualty, Bermuda. “Mr. Flanagan, who reports to Noel Pearman, Chief Underwriting Officer, Bermuda […] Full Article All Business #BermudaBusiness #BusinessExecutives
business and finance Robinson Perinchief Appointed Credit Union CEO By bernews.com Published On :: Wed, 02 Oct 2024 19:49:49 +0000 The Bermuda Credit Union Co-op. Society announced that Ryan Robinson Perinchief was appointed Chief Executive Officer and General Manager. A spokesperson said, “The Bermuda Credit Union Co-op. Society today announced that Ryan Robinson Perinchief was appointed Chief Executive Officer & General Manager of the Credit Union earlier this year, taking over from Micah Davis who […] Full Article All Business News #BermudaBusiness #BusinessExecutives
business and finance Trott & Duncan Appoint Rakaya Simmons-Landy By bernews.com Published On :: Thu, 10 Oct 2024 18:14:54 +0000 Trott & Duncan Limited appointed Rakaya Simmons-Landy as its new qualified litigation associate. A spokesperson said, “Trott & Duncan Limited [T&D], a Bermuda-based law firm known for its unparalleled dedication to legal excellence and client service, is thrilled to announce the official appointment of Rakaya Simmons-Landy as the firm’s newest qualified litigation associate. Ms. Simmons-Landy, […] Full Article All Business #BermudaBusiness #BusinessExecutives #Lawyer
business and finance Botelho Wood Appoints Rodrigues & Masters By bernews.com Published On :: Fri, 11 Oct 2024 09:49:17 +0000 Botelho Wood Architects has appointed Krystal Rodrigues and Lisamarie Masters as partners. A spokesperson said, “The partners of Botelho Wood Architects – Germano Botelho, Ted Wood, and Jason Mackertich – are pleased to announce the appointment of two new partners: Krystal Rodrigues and Lisamarie Masters. “We celebrate these individuals for their demonstrated leadership and valuable […] Full Article All Business #BermudaBusiness #BusinessExecutives #GoodNews
business and finance Arch Capital Appoints Nicolas Papadopoulo By bernews.com Published On :: Mon, 14 Oct 2024 13:28:22 +0000 Arch Capital Group Ltd. appointed Nicolas Papadopoulo as CEO and Board member, effective immediately, following Marc Grandisson’s retirement. A spokesperson said, “Arch Capital Group Ltd. [NASDAQ: ACGL, Arch, our or the Company] today announced that Nicolas Papadopoulo has been named Chief Executive Officer and is joining the Board of Directors effective immediately. Papadopoulo has held […] Full Article All Business #ArchCapital #BermudaBusiness #BusinessExecutives
business and finance Jerry Rivers To Retire From Everen Specialty By bernews.com Published On :: Thu, 17 Oct 2024 09:34:27 +0000 Everen Specialty Limited announced that Jerry Rivers, Senior Vice President, and Chief Operating Officer, will retire on March 31, 2025. John Talarico, Everen Specialty’s Chair, stated, “On behalf of the Board of Directors, the management team, and all of Everen Specialty’s employees, I want to thank Jerry for his dedicated service over the past 19 […] Full Article All Business #BermudaBusiness #BusinessExecutives
business and finance Conyers Welcomes Collis & MacLeod By bernews.com Published On :: Wed, 30 Oct 2024 23:03:27 +0000 Conyers has welcomed Bermudian lawyers Celine Collis and Matthew MacLeod to the firm. A spokesperson said, “Conyers is pleased to announce the continued growth of its market leading Bermuda corporate practice with the recruitment of two additional Bermudian lawyers. Conyers welcomes associates Celine Collis and Matthew MacLeod to the firm. “Celine Collis joins Conyers from Reed […] Full Article All Business News #BermudaBusiness #BusinessExecutives #ConyersDill&Pearman #Lawyer
business and finance LOM Financial Promotes Makeba Outerbridge By bernews.com Published On :: Mon, 04 Nov 2024 21:02:47 +0000 LOM Financial announced that Makeba Outerbridge has been promoted from Senior Investment Advisor to Assistant Vice-President Investments. “Makeba’s appointment is a testament to her outstanding contributions to the firm and dedication to delivering exemplary service and results for LOM’s clients,” said Michael Greaves, Global Head of Advisory. The spokesperson said, “Since joining LOM Financial in […] Full Article All Business News #BermudaBusiness #BusinessExecutives #GoodNews
business and finance Fidelis Declares $0.10 Dividend Per Share By bernews.com Published On :: Tue, 05 Nov 2024 10:54:32 +0000 Fidelis Insurance Group declared a $0.10 per share dividend, payable by December 20, 2024. In a filing with the BSX, the company said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [“Fidelis Insurance Group” or “the Company”], a global specialty insurer, announced today that its Board of Directors has approved and declared a dividend of $0.10 per share, […] Full Article All Business #BermudaBusiness
business and finance RiverStone Completes Transfer Deal With QBE By bernews.com Published On :: Tue, 05 Nov 2024 11:21:55 +0000 RiverStone International announced that the previously disclosed agreement with QBE to provide a Loss Portfolio Transfer reinsurance [LPT] for various QBE subsidiaries, including their Lloyd’s syndicates has closed after receiving all requisite approvals A spokesperson said, “RiverStone International today announced that the previously disclosed agreement with QBE to provide a Loss Portfolio Transfer reinsurance [LPT] […] Full Article All Business #BermudaBusiness
business and finance Ride.bm Transportation Taxi App Released By bernews.com Published On :: Tue, 05 Nov 2024 23:56:59 +0000 Ride.bm said they are offering an “easy-to-access app that provides Bermudians and visitors alike with seamless, on-demand transportation.” A spokesperson said, “For decades, the number 295-4141 has been synonymous with safe and reliable transportation in Bermuda. Today, Ride.bm, powered by Central Dispatch, builds on that legacy, transforming a household number into a modern, easy-to-access app […] Full Article All Business News technology #Taxi
business and finance Enstar Group Preference Share Dividends By bernews.com Published On :: Wed, 06 Nov 2024 11:20:58 +0000 Enstar Group Limited today announced that it will pay cash dividends on its Series D and Series E preference shares. A spokesperson said, “Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share [each of which represents a 1/1,000th interest in a Series D Preference Share] will be […] Full Article All Business #BermudaBusiness #Enstar
business and finance Fairmont Southampton Renovations Update By bernews.com Published On :: Wed, 06 Nov 2024 20:29:06 +0000 Westend Properties shared an update on the ongoing renovations at the Fairmont Southampton. A spokesperson said, “Work at the site is proceeding as planned – for instance, demolition within the building has begun in anticipation of the extensive overhaul of the hotel interior. The initial shipments of containers of construction materials and equipment have arrived […] Full Article All Business News #BermudaBusiness #Construction #FairmontSouthampton #HotelNews
business and finance Welch’s Rise Through Ranks At The MarketPlace By bernews.com Published On :: Thu, 07 Nov 2024 00:06:34 +0000 Tahjae Welch has risen from an entry-level position all the way to Store Manager at the MarketPlace, with the company noting how “determination, hard work, and a positive support system can lead to impressive career advancement in Bermuda’s retail grocery industry.” A spokesperson said, “Starting his journey with The MarketPlace in 2016 straight out of […] Full Article All Business News #BermudaBusiness #GoodNews
business and finance RenaissanceRe Declares $0.39 Dividend By bernews.com Published On :: Thu, 07 Nov 2024 11:42:37 +0000 The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.39 per common share on its common shares. The dividend is payable on December 31, 2024, to shareholders of record on December 13, 2024. A spokesperson said, “In addition, the Board of Directors approved a renewal of RenaissanceRe’s authorized share repurchase program, […] Full Article All Business #BermudaBusiness #RenaissanceRe
business and finance RenaissanceRe Appoints Dr Loretta Mester By bernews.com Published On :: Thu, 07 Nov 2024 11:46:11 +0000 RenaissanceRe announced today that Dr Loretta J. Mester has been appointed to serve as an independent director of the Company effective November 6th, and that, at such time, Brian G. J. Gray, who served as a member of the Board since 2013, retired as a director. Kevin J. O’Donnell, President and Chief Executive Officer of RenaissanceRe, […] Full Article All Business #BermudaBusiness #BusinessExecutives #RenaissanceRe
business and finance Carey Olsen Achieves High Rankings In Legal 500 By bernews.com Published On :: Thu, 07 Nov 2024 12:08:47 +0000 Carey Olsen Bermuda Limited has achieved its strongest rankings to date in The Legal 500 Caribbean 2025 guide, securing five Tier 1 practice rankings. A spokesperson said, “The team has also attained four new ‘Leading Partner’ rankings – the highest possible ranking individual lawyers can achieve – bringing its total number of individual rankings up […] Full Article All Business #BermudaBusiness #GoodNews #Lawyer
business and finance Appleby Earns Top Rankings In Legal 500 Guide By bernews.com Published On :: Thu, 07 Nov 2024 12:11:20 +0000 “Leading offshore law firm Appleby continues to be the only firm in Bermuda ranked Tier 1 across all of the six practice categories in Legal 500’s 2025 Caribbean Guide,” the company said. A spokesperson said, “Legal 500 ranks Appleby as Tier 1 in: Banking, Finance & Capital Markets; Corporate & Commercial; Dispute Resolution; Insurance/Reinsurance; Regulatory […] Full Article All Business #Appleby #BermudaBusiness #GoodNews #Lawyer
business and finance Conyers Named Top Tier Firm By Legal 500 By bernews.com Published On :: Thu, 07 Nov 2024 15:10:12 +0000 Conyers has been ranked as “top-tier in Bermuda offshore expertise” by Legal 500, with 32 lawyers recognized and 17 individually ranked. A spokesperson said, “Conyers has once again been recommended as a top-tier firm in Bermuda offshore expertise in the latest Legal 500 directory rankings. The firm has maintained rankings in Corporate & Commercial, Banking, […] Full Article All Business #BermudaBusiness #ConyersDill&Pearman #GoodNews #Lawyer
business and finance QBE Donates To HOME’s Housing Program By bernews.com Published On :: Thu, 07 Nov 2024 15:13:53 +0000 HOME, the registered charity whose purpose is to end homelessness in Bermuda, has welcomed a substantial donation from the QBE Foundation, the charitable arm of international insurance and reinsurance company, QBE. A spokesperson said, “It is the third successive year that QBE has supported HOME, after donations in 2022 and 2023. “The donation will help […] Full Article All Business News #CharityEvents #GoodNews
business and finance Hamilton Insurance Reports 2024 Q3 Results By bernews.com Published On :: Thu, 07 Nov 2024 15:23:09 +0000 Hamilton Insurance Group reported Q3 2024 net income of $78.3 million, a combined ratio of 93.6%, and a 16.7% increase in premiums, despite hurricane-related losses. A spokesperson said, “Hamilton Insurance Group, Ltd. today announced financial results for the third quarter ended September 30, 2024.” Commenting on the results, Pina Albo, CEO of Hamilton, said, “Just […] Full Article All Business #BermudaBusiness #HamiltonRe
business and finance Walkers Earns Top Rankings In The Legal 500 By bernews.com Published On :: Thu, 07 Nov 2024 16:29:20 +0000 Walkers secured top-tier rankings in The Legal 500 Caribbean 2025. A spokesperson said, “Our firm has achieved top-tier rankings in three practice areas and recommendations in two more in Bermuda, contributing to a total of 12 top-tier practice areas and seven recommendations across the Americas legal market for Walkers. “Our Bermuda office’s Regulatory and Compliance […] Full Article All Business #BermudaBusiness #GoodNews #Lawyer
business and finance Everest Announces Repurchase & Dividend By bernews.com Published On :: Fri, 08 Nov 2024 12:44:53 +0000 Everest Group Ltd. announced a 10 million share increase in its repurchase authorization and a $2.00 per share dividend payable December 13, 2024. A spokesperson said, “Everest Group, Ltd. announced that its Board of Directors approved an increase of 10 million shares in its share repurchase authorization. “In addition, the Company announced that its Board […] Full Article All Business #BermudaBusiness #EverestRe
business and finance AM Best Affirms Everen Specialty’s A-Rating By bernews.com Published On :: Sat, 09 Nov 2024 11:00:47 +0000 AM Best affirmed Everen Specialty Ltd.’s A- financial strength and “a-” issuer ratings with a negative outlook, citing improved capital and a focus on core energy operations. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” [Excellent] of […] Full Article All Business #BermudaBusiness
business and finance Shipping Schedule: Week Starting Nov 9 By bernews.com Published On :: Sat, 09 Nov 2024 12:00:55 +0000 The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, November 9th. On Sunday the Insignia cruise ship is expected, on Monday the Oleander container ship and the Zuiderdam cruise ship will arrive, and on Tuesday the Norwegian Breakaway cruise ship is scheduled to arrive. On […] Full Article All Business #BermudaBusiness #BermudaMarine #WeeklyShipping
business and finance Assured Insures $920M In Bonds For JFK Airport By bernews.com Published On :: Sun, 10 Nov 2024 11:00:43 +0000 Assured Guaranty insured $920 million of bonds for the JFK Airport Terminal 6 Redevelopment Project to refinance JPM’s short-term debt. A spokesperson said, “Assured Guaranty [AG] has insured $920 million of senior Special Facilities Revenue Bonds issued by the New York Transportation Development Corporation in connection with the JFK Airport Terminal 6 Redevelopment Project. The […] Full Article All Business #Assured #BermudaBusiness
business and finance SiriusPoint Announce Leadership Changes By bernews.com Published On :: Tue, 12 Nov 2024 13:23:18 +0000 SiriusPoint appointed Anthony Shapella as Group Chief Underwriting Officer and David Govrin to focus on Global Reinsurance, effective January 1, 2025. A spokesperson said, “SiriusPoint Ltd. a global specialty insurer and reinsurer, has today announced changes to its Chief Underwriting Office leadership to support plans for further growth and profitability in 2025. “From January 1, […] Full Article All Business #BermudaBusiness #BusinessExecutives #SiriusPoint
business and finance July Consumer Price Index: Inflation 1.9% By bernews.com Published On :: Wed, 13 Nov 2024 01:08:41 +0000 The Ministry of Economy and Labour reported a 1.9% year-over-year increase in the Consumer Price Index [CPI] for July 2024. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of Statistics’ July 2024 Consumer Price Index. “In summary, consumers paid 1.9 per cent more in July 2024 than they did […] Full Article All Business #BermudaBusiness #ConsumerPriceIndex
business and finance Retail Sales Decreased 1.5% In July 2024 By bernews.com Published On :: Wed, 13 Nov 2024 01:11:21 +0000 After adjusting for the retail sales rate of inflation, measured at 3.4% in July, the overall volume of retail sales index decreased 1.5% when compared to July 2023, according to the recently released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the July 2024 Retail Sales Index publication. […] Full Article All Business News #BermudaBusiness #BermudaGovernment #RetailSalesIndex
business and finance HSBC Bermuda To Switch To Sustainable Cards By bernews.com Published On :: Sat, 19 Aug 2023 13:33:21 +0000 HSBC Bermuda has announced that “single-use plastic cards will be a thing of the past as the bank replaces them with cards made from recycled materials.” A spokesperson said, “The move is part of HSBC’s global strategy to reduce carbon emissions and achieve the Bank’s net zero goal by 2050. “The cards comprise of 85% […] Full Article All Business Environment News #BermudaBanks #BermudaBusiness #HSBCBank
business and finance Butterfield To Close At 2pm On Thursday By bernews.com Published On :: Wed, 13 Sep 2023 21:59:45 +0000 All Butterfield Banking Centres in Bermuda will be closing at 2pm on Thursday [Sept 14] due to Hurricane Lee. A spokesperson said, “Some ATM’s will be temporarily unavailable from tomorrow at 12 noon due to hurricane preparations – Collector’s Hill, Modern Mart, Somerset MarketPlace and Somerset Banking Centre. “At this time, Butterfield anticipates reopening its […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness #HurricaneLee
business and finance Clarien Bank Offices Will Close At 2pm Thursday By bernews.com Published On :: Wed, 13 Sep 2023 22:06:41 +0000 The Clarien Bank offices will close at 2pm on Thursday [Sept 14] due to Hurricane Lee. A spokesperson said, “For the safety and security of our clients and employees, please be advised that all Clarien Bank offices will close at 2pm on Thursday, September 14 and re-open at 12 noon Friday, September 15 pending a […] Full Article All Business #2023HurricaneSeason #BermudaBanks #BermudaBusiness #ClarienBank #HurricaneLee
business and finance HSBC Bank To Close At 2pm On Thursday By bernews.com Published On :: Thu, 14 Sep 2023 03:16:26 +0000 HSBC Bermuda’s branches will close at 2:00pm on Thursday [Sept 14] due to Hurricane Lee. A spokesperson said, “Out of an abundance of caution due to the formation of Hurricane Lee, HSBC Bermuda’s branches will close at 2:00 pm tomorrow, September 14th. “Subject to the receipt of an all clear from the Bermuda Government and […] Full Article All Business #BermudaBanks #HSBCBank #HurricaneLee
business and finance Butterfield Reports Third Quarter 2023 Results By bernews.com Published On :: Wed, 25 Oct 2023 00:05:06 +0000 The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter ended September 30, 2023. A spokesperson said, “Net income for the third quarter of 2023 was $48.7 million, or $0.99 per diluted common share, compared to net income of $61.0 million, or $1.22 per diluted common share, for the previous quarter and $57.4 […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance ‘Provide Basic Banking Services To All Residents’ By bernews.com Published On :: Tue, 07 Nov 2023 00:44:47 +0000 “We will legislate the requirement for licensed banks to have a duty to provide basic banking services to all residents,” Premier David Burt said today. This had been mentioned in the 2023 Throne Speech, which said, “In today’s digital age, the use of a bank account is a basic necessity for Bermudians. During this session, […] Full Article All Business News #2023ThroneSpeech #BermudaBanks #Finance
business and finance Clarien Donate Flowers To KEMH, Agape House By bernews.com Published On :: Thu, 16 Nov 2023 19:54:43 +0000 Clarien Bank donated flowers to King Edward VII Memorial Hospital [KEMH] and Agape House, with “aim to bring joy and hope to the patients, staff, and visitors of the hospital.” A spokesperson said, “Clarien Bank, one of the largest independent integrated financial services organisations in Bermuda, is pleased to announce its recent donation of flowers to […] Full Article All Business News #BermudaBanks #BermudaBusiness #BermudaHospitals #CharityEvents #ClarienBank #GoodNews
business and finance Butterfield Bank Share Repurchase Program By bernews.com Published On :: Tue, 05 Dec 2023 22:04:39 +0000 In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that its Board of Directors has approved a $90 million ordinary share repurchase program pursuant to which the Bank is authorized to purchase up to 3.5 million of its ordinary shares through December 31, 2024 Michael Collins, Chairman and Chief […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Butterfield Share Repurchases For Dec 2023 By bernews.com Published On :: Wed, 10 Jan 2024 23:41:30 +0000 In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of December 2023, the Bank repurchased for cancellation 338,740 Common Shares at an average price of $31.44 per share. Related Stories Butterfield Senior Management Appointments Bank Of Butterfield Adjusts Rates Bank Of Butterfield Adjusts […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Butterfield Senior Management Appointments By bernews.com Published On :: Mon, 15 Jan 2024 23:00:48 +0000 The Bank of Butterfield today [Jan 15] announced the appointment of Michael Neff as Group Chief Operating Officer, Jody Feldman as Managing Director and Kevin Dallas as Butterfield’s Group Chief Experience Officer. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited today announced the promotion of Michael Neff to Group Chief Operating Officer. Jody […] Full Article All Business News #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Butterfield Share Repurchases For Jan 2024 By bernews.com Published On :: Sat, 03 Feb 2024 11:00:44 +0000 In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of January 2024, repurchased for cancellation 418,208 Common Shares at an average price of $30.98 per share. Related Stories Butterfield Senior Management Appointments Bank Of Butterfield Adjusts Rates Bank Of Butterfield Adjusts Rates Butterfield […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Butterfield Reports Fourth Quarter 2023 Results By bernews.com Published On :: Mon, 12 Feb 2024 23:42:55 +0000 The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter and year ended December 31, 2023. A spokesperson said, “Net income for the year ended December 31, 2023 was $225.5 million, or $4.58 per diluted common share, compared to $214.0 million, or $4.29 per diluted common share, for the year ended December […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Bank Of Butterfield Notice Of Share Ownership By bernews.com Published On :: Thu, 29 Feb 2024 10:22:41 +0000 In a filing with the Bermuda Stock Exchange, The Bank of N.T Butterfield & Son Limited provided notice of shareholder ownership over 5%. The notice said, “Pursuant to BSX Regulation 6.14 [2] [ii] we write to notify the BSX that the following shareholders now hold 5% or more of the Bank’s outstanding ordinary shares: Blackrock Inc […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Butterfield Share Repurchases For Feb 2024 By bernews.com Published On :: Wed, 06 Mar 2024 10:15:43 +0000 In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of February 2024, repurchased for cancellation 399,269 Common Shares at an average price of $29.87 per share. Related Stories Butterfield Senior Management Appointments Bank Of Butterfield Adjusts Rates Bank Of Butterfield Adjusts Rates Butterfield Banking Hours And Appointments […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Clarien Bank Appoints Roger Brown As SVP By bernews.com Published On :: Tue, 12 Mar 2024 13:58:14 +0000 Clarien Bank announced the appointment of Roger Brown as Senior Vice President and Head of Commercial Banking, saying he will “provide strategic leadership and drive growth within Clarien’s Commercial Banking division. A spokesperson said, “Clarien Bank, a trusted and well-established financial institution in Bermuda, is excited to welcome Roger Brown to the team as the […] Full Article All Business News #BermudaBanks #BermudaBusiness #BusinessExecutives #ClarienBank
business and finance Butterfield Share Repurchases For March 2024 By bernews.com Published On :: Tue, 09 Apr 2024 11:48:28 +0000 In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of March 2024, repurchased for cancellation 338,313 Common Shares at an average price of $30.22 per share. Related Stories Butterfield Senior Management Appointments Bank Of Butterfield Adjusts Rates Bank Of Butterfield Adjusts Rates Butterfield Banking Hours […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance Butterfield Reports First Quarter 2024 Results By bernews.com Published On :: Tue, 23 Apr 2024 23:56:49 +0000 The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter ended March 31, 2024. A spokesperson said, “Net income for the first quarter of 2024 was $53.4 million, or $1.13 per diluted common share, compared to net income of $53.5 million, or $1.11 per diluted common share, for the previous quarter and $62.2 […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness
business and finance HSBC Debit Cardholders Get Free 1GB Data By bernews.com Published On :: Sun, 28 Apr 2024 12:08:14 +0000 HSBC said they are “pleased to be offering a new benefit to our HSBC Visa Platinum debit cardholders which enables them to redeem a 1GB eSIM for 15 days and enjoy global data connectivity.” A spokesperson said, “Download the GigSky app today. These customers will be able to travel the world without incuring data roaming charges […] Full Article All Business News technology #BermudaBanks #BermudaBusiness #HSBCBank
business and finance Butterfield Bank Announces April Repurchases By bernews.com Published On :: Tue, 14 May 2024 11:15:30 +0000 The Bank of N.T. Butterfield & Son Limited notified the Bermuda Stock Exchange that it repurchased and canceled 438,390 common shares at an average price of $31.87 each in April 2024. The filing said, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44of the Bermuda Stock […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness #BSX
business and finance Butterfield Launching Google Pay In Bermuda By bernews.com Published On :: Thu, 30 May 2024 19:40:06 +0000 The Bank of Butterfield is launching Google Pay for its clients, “enabling them to add personal debit, credit cards and business debit cards to Google Wallet.” A spokesperson said, “Butterfield has collaborated to launch Google Pay for its clients, enabling them to add personal debit, credit cards and business debit cards to Google Wallet. “Google […] Full Article All Business News technology #BankOfButterfield #BermudaBanks #GoodNews
business and finance Butterfield Bank Announces May Repurchases By bernews.com Published On :: Tue, 04 Jun 2024 11:07:57 +0000 The Bank of N.T. Butterfield & Son Limited notified the Bermuda Stock Exchange that it repurchased and canceled 404,066 common shares at an average price of $35.04 per share in May 2024. The filing stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the […] Full Article All Business #BankOfButterfield #BermudaBanks #BermudaBusiness #BSX