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Butterfield Bank’s net income in the first quarter was down slightly over the prior quarter but up significantly year-on-year

Net after-tax income for Bermuda’s banks was up by 38.9 per cent in the fourth quarter of 2022, the Bermuda Monetary Authority reports

Investment analyst Bryan Dooley has surveyed the changing landscape of the banking sector and outlines what is on the horizon

Butterfield Bank is addressing as a top priority the issues facing its corporate clients after a systems upgrade led to problems for account holders

Technicians continue to work on new systems installed at the bank during the Easter holiday which have caused trouble for customers

The upgrade to Butterfield Bank systems has been completed, with technical teams left to iron out unexpected glitches

Butterfield’s base interest rates will remain unchanged

WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation yesterday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking...

Beware of phishing scams says bank industry

Bermuda-licensed digital asset companies that were customers of a New York bank shut down by regulators can do business with a ‘bridge bank’, Government said