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Bank Of Butterfield Decreases Loan Rates

The Bank of Butterfield announced that, in step with the recent 25 basis point decrease in the US Federal Funds Rate, the Bank is decreasing its interest rates on personal loans and mortgages. “The base rate for Bermuda dollar residential mortgages and consumer loans will decrease by 0.25% to 5.25%,” a spokesperson said. “The rate decrease […]

(Click to read the full article)




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Bank of Bermuda Foundation: 3 New Directors

The Bank of Bermuda Foundation has announced the appointment of three new Directors to its Board, including Lisa Howie, Dr. Julie Dunstan, and Christa Schweizer. A spokesperson said, “Earlier this year the Foundation ran a series of advertisements looking for members of the community interested in volunteering their time and expertise towards the philanthropic work […]

(Click to read the full article)




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Bank Of Butterfield’s 2019 Graduate Trainees

The Bank of N.T. Butterfield & Son Limited has announced its 2019 Graduate Trainees, with Kenya Thompson, Arjah Rogers, Leitonya Edwards and Khaleb Tota joining the Bank’s two-year graduate trainee programme that will prepare them for professional careers in the financial services industry. A spokesperson said, “The Butterfield Graduate Trainee Programme offers Bermudian university or […]

(Click to read the full article)




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Butterfield Bank: October Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of October 2019, the Bank purchased for Treasury 150,000 Common Shares at an average price of $32.58 per share. Related Stories Butterfield Bank: March Share Repurchases Butterfield Bank: February Share Repurchases Butterfield Bank: January Share Repurchases […]

(Click to read the full article)




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Butterfield Bank: November Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of November 2019, the Bank purchased for Treasury 383,600 Common Shares at an average price of $33.79 per share. Related Stories Butterfield Bank: March Share Repurchases Butterfield Bank: February Share Repurchases Butterfield Bank: January […]

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Butterfield Bank: December Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of December 2019, the Bank purchased for Treasury 275,188 Common Shares at an average price of $36.09 per share. Related Stories Butterfield Bank: March Share Repurchases Butterfield Bank: February Share Repurchases Butterfield Bank: January Share Repurchases […]

(Click to read the full article)




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Butterfield Bank: January Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of January 2020, the Bank purchased for Treasury 252,000 Common Shares at an average price of $35.69 per share. Related Stories Butterfield Bank: March Share Repurchases Butterfield Bank: February Share Repurchases Butterfield Bank: December […]

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Bermuda Commercial Bank Sale Update

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited [Somers] a financial services investment holding company, filed an update on the sale of Bermuda Commercial Bank. The full filing stated: “Somers Limited, a financial services investment holding company, is pleased to announce that further to the announcement on 5 February 2019 that Somers […]

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Butterfield Bank: February Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of February 2020, the Bank purchased for Treasury 403,000 Common Shares at an average price of $32.27 per share. Related Stories Butterfield Bank: March Share Repurchases Butterfield Bank: January Share Repurchases Butterfield Bank: December […]

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Butterfield Bank Decreasing Lending Rates

In the wake of the ongoing coronavirus pandemic, the Bank of N.T. Butterfield & Son Limited today [March 16] announced that it is decreasing interest rates on personal loans and mortgages. A spokesperson said, “As Bermuda continues to make preparations for the potential impact of COVID-19 locally, and following yesterday’s emergency 100 bps decrease in […]

(Click to read the full article)




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Covid-19: Clarien Bank Lowers Lending Rates

In response to the ongoing coronavirus pandemic, Clarien Bank says that it understand that its “continued operations and financial support are essential to the health of our society.” A spokesperson said, “Clarien appreciates the gravity of the coronavirus pandemic [Covid-19] and the impact it is having globally, as well as directly here on our community. […]

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Cannonier: “Applaud Steps From Local Banks”

“I am relieved to see the steps that both Clarien Bank and The Bank of N T Butterfield have taken to provide some economic relief to our community, during these unprecedented times,”  OBA Leader Craig Cannonier said. “We note that coronavirus relief legislation is being passed in every country. It is important that Bermuda offers to […]

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Clarien Bank Paget Branch To Close Today

In an effort to centralise its operations while also minimising the Covid-19 exposure, Clarien Bank announced that their Paget Branch will close today [March 19]. A spokesperson said, “As we all work collectively to keep our community safe, Clarien Bank is centralising our operations to minimise virus exposure and spread to our clients and employees. […]

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Covid-19: Butterfield To Reduce Banking Hours

The Bank of N.T. Butterfield & Son Limited today [March 23] announced that it will reduce its banking hours at all three Banking Centres in Bermuda during the Covid-19 period. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited today announced that it will reduce its banking hours at all three Banking Centres […]

(Click to read the full article)




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Butterfield Bank Offer Special Seniors Hours

Beginning on Monday, March 30, Butterfield will provide limited banking services from Rosebank Centre on Bermudiana Road, and they will reserve two hours — from 9:00am to 11:00am — to serve seniors exclusively at that location. A spokesperson said, “Beginning on Monday, 30 March 2020, Butterfield will provide limited banking services from Rosebank Centre at […]

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Butterfield Bank: March Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of March 2020, the Bank purchased for Treasury 640,000 Common Shares at an average price of $21.64 per share. Related Stories Butterfield Bank: February Share Repurchases Butterfield Bank: January Share Repurchases Butterfield Bank: December […]

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Butterfield Bank To Open One Day Each Week

Butterfield will reopen its Banking Centres one day each week in order to provide essential banking services to the community during the Covid-19 period, with specific guidelines in place. A spokesperson said, “With the agreement of the Government of Bermuda, in order to provide essential banking services to the community during the Covid-19 period, Butterfield will reopen […]

(Click to read the full article)




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BCB Bank Services During “Shelter In Place”

Bermuda Commercial Bank [BCB] will open its branch, located at 34 Bermudiana Road, for any of their vulnerable clients on Thursday, April 9 and Thursday, April 16 from 9am to noon. A spokesperson said, “Bermuda Commercial Bank [BCB] has obtained approval from the Minister of Finance to open its branch, located at 34 Bermudiana Road, […]

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HSBC Bank Branches To Open Next Week

HSBC Bermuda has announced that its Harbourview, St. George’s, and Somerset branches will open on Tuesday [May 5] and Thursday [May 7] from 9.00am through 1.00pm. A spokesperson said, “HSBC Bermuda has announced that the HSBC Harbourview, St. George’s, and Somerset branches will open on Tuesday, May 5th, and Thursday, May 7th, from 9am through […]

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Banker Names Butterfield “Bank Of The Year”

International banking industry publication, The Banker, has named The Bank of Butterfield Aas the “Bank of the Year 2019” in Bermuda. This is the seventh year in a row that Butterfield has received the award. Butterfield also received the Bank of the Year 2019 award for the Cayman Islands; the fifth time it has received the […]

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Bank Makes Positive Impact On Sports Field

Butterfield Bank employees spent last Friday afternoon [Sept 13] making a positive impact on Bernard’s Park with the addition of new waste bins for the sports field. As part of Butterfield’s Community Action Month, bank employees partnered with students from Impact Mentoring Academy to complete Keep Bermuda Beautiful’s [KBB]’s Artful Bins project. KBB executive director […]

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Butterfield Bank Donate $150,000 For Meals

The Bank of Butterfield is donating $150,000 for a programme with The Loren to deliver healthy meals to senior citizens and vulnerable persons in Bermuda during the Covid-19 health crisis, with the programme set to begin on Wednesday. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited and The Loren Hotel at Pink […]

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Audio: Collie Buddz Releases New Single “Bank”

Bermudian reggae artist Collie Buddz has released a new single, with his latest song ‘Bank’, featuring Russ and B Young. A report from Billboard said, “After being wooed by ‘Love & Reggae’ last summer, Collie Buddz is now ready to chase that paper. The Bermudian reggae star returns with his catchy new single ‘Bank.’ Audio | Parental advisory due […]

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HSBC’s Branch Banking Hours To Change

As of Monday [May 11], HSBC’s Harbourview, St. Georges and Somerset branches will open on weekdays from 9.00am through 1.00pm “to provide limited banking services to the public.” A spokesperson said, “HSBC Bermuda announced today that, effective Monday 11th May, the HSBC Harbourview, St. Georges and Somerset branches will open every weekday from 9.00am through […]

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Coldwell Banker Mid-Summer Market Update

Coldwell Banker Bermuda Realty provided their 2019 Mid-Summer Market update, saying that “in-house analysis indicates between January and April of this year, 111 properties had price reductions island wide” and there has been an increase in the  number of cash buyers. A spokesperson said, “‘What’s the market like?’ The summer provides us with numerous opportunities to […]

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Coldwell Banker Real Estate Market Update

Coldwell Banker Bermuda Realty has released their annual update, saying that “the year 2019 was challenging to navigate.” A spokesperson said, “The year 2019 was challenging to navigate and certainly difficult to make predictions even after compiling and interpreting our quarterly sales transactional data. “Although the early part of 2019 suggested that market performance was […]

(Click to read the full article)




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Getting Bank of America By The Balls

A little old lady walks into Bank of America and asks to open a savings account. The new accounts receptionist first thinks this is strange, probably because everyone is leaving them for credit unions now. At any rate, the accounts person asks her how much she wanted to deposit to open the account, and the […]

The post Getting Bank of America By The Balls appeared first on Funny & Jokes.




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IBM Teams with Eurobank to Deliver First-Ever Cloud-Based Digital Experience for International Trade

Today IBM and Eurobank announced the first cloud-based digital platform for online international commercial trading. Using IBM's industry-leading Digital Experience software, with advanced cloud capabilities and social offerings, Eurobank is uniting exporters and importers from around the globe to enhance international trade operations and increase transactions.




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Bank of Montreal, CaixaBank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-based Trade Finance Platform

Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group have joined an initiative launched by UBS and IBM in 2016 to build a new global trade platform based on blockchain technology. This new platform, called Batavia, is built to be openly accessed by organisations of all sizes anywhere in the world, and can support trade finance for transactions across all modes of trade, whether goods are being transported by air, land or sea.



  • Banking and Financial Services

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China Construction Bank (Asia) and IBM Developing Hong Kong’s First Bancassurance Powered by Blockchain

China Construction Bank (Asia) Corporation Limited (“CCB (Asia)”) and IBM today announced the development of the first blockchain-enabled bancassurance project in Hong Kong. Built on the IBM Blockchain Platform, the solution is designed to streamline CCB (Asia)’s bancassurance process and greatly enhance customer experience and the quality of services delivered through faster transaction processing time and increased transparency.




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Westpac NZ Selects IBM to Support Transformation to NZ's Leading Digital Bank

IBM today announced that Westpac New Zealand, part of one of the world’s largest financial services institutions, has selected IBM’s private cloud technology to support its goal to be New Zealand’s leading digital bank. The new five year agreement is part of an extensive services and technology contract which includes Westpac migrating some of its business critical IT systems into IBM’s state-of-the-art Auckland data centre, enabling enhanced customer service.




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Bank of New Zealand partners with IBM to further advance its cross-channel fraud prevention

BNZ, one of the country’s leading banks announces it has selected IBM to deliver cross-channel fraud prevention to its customers. The multi-million dollar deal will support BNZ’s aim to provide its customers the ability to bank securely while delivering a positive customer experience.




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Bank of New Zealand Reduces Carbon Footprint with Red Hat on the Mainframe

red hat, open source, bank of new zealand, enterprise linux 5, system z, National Australia Bank Group, data center



  • Linux and Open Source

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Alior Bank transforme l’expérience bancaire pour ses clients grâce à une application IBM pour iPad tirant parti de l'analytique

lior Banque annonce aujourd’hui avoir choisi l’application IBM MobileFirst sur iOS pour apporter une transformation fondamentale à la façon dont les clients en Pologne interagissent avec leur banque. A l’aide d’un iPad, les professionnels des services bancaires pourront fournir une expérience plus dynamique et personnalisée aux clients en tirant avantage de la puissance de l’analyse prédictive, et ce de façon sécurisée, facile, rapide et disponible 24h/24.




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ANZ, Commonwealth Bank, IBM, Scentre Group and Westpac Commence Live Pilot for Lygon, A Blockchain-based Platform to Transform the Bank Guarantee Process

ANZ, Commonwealth Bank, IBM Scentre Group and Westpac have jointly launched a live pilot for Lygon, a new digital platform using blockchain technology to transform the way businesses obtain and manage bank guarantees that are often required as part of a retail property lease.




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Bendigo and Adelaide Bank adopts next-gen storage systems for customer service growth

IBM (NYSE: IBM) today announced that Bendigo and Adelaide Bank has selected IBM XIV Storage System Gen3 as a key infrastructure component for its ongoing development and delivery of customer-focussed business applications.




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Successful blockchain trial for bank guarantees

ANZ and Westpac have teamed with IBM (NYSE:IBM) and shopping centre operator Scentre Group and have now successfully digitised the bank guarantee process used for commercial property leasing.



  • Banking and Financial Services

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Bendigo Bank focuses on being Australia's most connected Bank with the help of IBM Solutions for Marketers

IBM Watson Customer Engagement tools help extend the Bank’s leadership in customer experience.



  • Banking and Financial Services

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UBank Unveils RoboChat, Australia's First Virtual Assistant for Home Loan Applications Integrated with IBM Watson

One of Australia’s leading digital banks taps cognitive technology to simplify the home loan application process with innovative virtual assistan




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Úroky národní banky jsou téměř na nule. ČNB chce pomoci ekonomice

Bankovní rada České národní banky ve čtvrtek snížila základní úrokovou sazbu o 0,75 procentního bodu na 0,25 procenta. Cílem snižování sazeb je zmírnit dopady šíření koronaviru na ekonomiku. Centrální banka to uvedla v tiskovém prohlášení.



  • Ekonomika - Domácí

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Kvůli svému koníčku zbankrotoval. Stačilo mít finanční rezervu

Potřeba finančního polštáře je dnes aktuálnější než kdy jindy. Jaká by měla být naše rezerva? A kam ji uložit? Zmapovali jsme aktuální nabídku spořicích účtů. Příběh klienta Poradny při finanční tísni ukazuje, jak se dá náhle dostat do dluhů, až k osobnímu bankrotu.



  • Finance - Finanční rádce

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Jeff Hardy takes on Cesaro to highlight WWE Money In The Bank Kickoff Show

WWE Money In The Bank Kickoff begins at 6 pm ET/3 pm PT on Sunday, May 10.




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Bank Opens Fund To Help Balloon Crash Victims

For the second year in a row, the Albuquerque Balloon Fiesta was marked by the tragic death of a person in a balloon. Now, Wells Fargo Bank is trying to help the families of those at the center of this year's accident.
Wells Fargo opened the account for the families of pilots Keith Sproul and Stephen Lachendro, who were in the "Wings Of Wind" balloon when it hit a power line last Friday morning.
The gondola caught fire and separated from the balloon envelope, crashing to the ground.

Thieves made off with radios, computers and other items.
Wells Fargo has already donated $1,000 into the account to help the families deal with expenses surrounding the funeral, medical care costs and the break-in .
Donors who want to give to the account can contact Wells Fargo and should ask about donating to the Debbie Sproul account.




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New Banksy Art Depicts Nurse As Superhero

It's true what they say. Not all heroes wear capes. They wear gloves, masks, and gowns. That's especially true these days.

Source: Reuters

LONDON (Reuters) - A young boy chooses a nurse as the superhero he wants to play with over Batman and Spiderman in a new artwork by Banksy that encapsulates the gratitude Britons have felt toward the country’s National Health Service during the coronavirus crisis.

The painting by the secretive street artist was unveiled at University Hospital Southampton, in south England, on Wednesday.

An image of the work was also posted on Banksy’s Instagram page with the caption “Game Changer”.

Hospital chief executive Paula Head said: “So proud to reveal this amazing piece of art ‘Painting for Saints’, created by #Banksy as a thank you to all those who work with and for the NHS and our hospital.”

“An inspirational backdrop to pause and reflect in these unprecedented times,” she added on Twitter.




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New Android Malware Steals Banking Passwords, Private Data and Keystrokes

A new type of mobile banking malware has been discovered abusing Android's accessibility features to exfiltrate sensitive data from financial applications, read user SMS messages, and hijack SMS-based two-factor authentication codes. Called "EventBot" by Cybereason researchers, the malware is capable of targeting over 200 different financial apps, including banking, money transfer services,




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How to Increase My Blog Subscribers and Be Blogging to the Bank in 2010!

How to increase my blog subscribers? I am going to show you how to do this and you will be happily blogging to the bank in 2010!




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Should Anyone Ever File Personal Bankruptcy?

Financial planners have a big hate going for bankruptcy. They almost universally nay-say it and point to the many alternatives. CPAs and attorneys, on the other hand, often speak of the advantages to filing bankruptcy and are quick to point out the “fresh start” aspect of the move. But it’s a fact that too many...

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Derbyshire 92 Chesterfield Boris is back the clouds were social distancing rain ahead for the Bank Holiday

Shall I let you into a little secret oh go on then . I am quite enjoying this walking . Lying in bed unable to drop off to sleep I sorted out in my mind where I was walking to in the morning . The weather whas a let down . Over the past few weeks someone




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Interview with David Enrich on Trump's Finances: "Deutsche Bank Turned a Blind Eye to All These Red Flags"

Greed, envy, poor leadership and a poisonous internal culture: New York Times journalist David Enrich has written a book about Deutsche Bank that also sheds light on the financial institution's relationship with U.S. President Donald Trump.




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Demand for bank loans falls sharply amid virus crisis

New research from the Central Bank shows that demand for bank loans has fallen sharply.