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Teaching youngsters about good saving habits is part of the aim of new savings accounts for children aged 7 and up, that have been launched by HSBC Bermuda Bank Limited. To celebrate the Easter holiday season, every child who opens either the MySavin...

Butterfield Bank has added to the prizes offered in its Mastercard ‘Perks’ Campaign, including a four-night stay at the new St Regis Bermuda Resort, in St George’s. The bank said the promotional campaign supports local merchants and the economy by en...

Financial-services investment holding company Somers Ltd has reported record quarterly net income of $190 million for the fourth quarter of 2020. That compares with net income of $74.6 million for the final quarter of 2019. Earnings per share in the ...

Eleven members of the trust team at Butterfield Group are featured in the Private Client Global Elite Directory 2021: Elite Recommends. Butterfield said the prestigious directory is published annually by Global Elite, a worldwide network of private c...

A barrister has dismissed claims that banks negotiated mortgages in the knowledge that borrowers would default and allow the lender to seize properties at bargain prices. Christopher Swan, a property lawyer, said that he had heard anecdotal accounts ...

A warning has been issued about a fraudulent website which falsely claims to be a crypto bank operating from an address in Bermuda. The Bermuda Monetary Authority said it had been made aware of a fraudulent website at www.bankofnevis.com, which false...

Butterfield has been shortlisted for six Citywealth International Financial Centre Awards, which celebrate excellence in international private wealth advisory and management. Butterfield Trust received 2021 Trust Company of the Year shortlist nominat...

Butterfield Bank will reopen its temporary banking centre at Rosebank Centre, in Hamilton, to serve seniors and physically challenged clients. The bank opened Rosebank, on Bermudiana Road, temporarily as part of Bermuda’s Phase 1 reopening period la...

Customers were warned about longer waiting times when a bank changes its hours temporarily from next week after a rise in Covid-19 transmissions on the island. Butterfield Bank’s Reid Street, St George's and Somerset locations will be open to custome...

A bank yesterday donated free meals to a charity dedicated to the welfare of children and families to celebrate its chief executive’s birthday . Clarien delivered 50 meals to the Family Centre so their clients could celebrate thanksgiving in style. T...

Clarien Bank Ltd has announced the appointment of three new team members. Jennifer Hanson joins as SVP, head of trust and family office, where the organisation said she is expected to play a leadership role in the strategic development of Clarien Wea...

The Bank of Bermuda Foundation has changed its name to the Centennial Bermuda Foundation and introduced a new logo. Tom Conyers, the chairman of the foundation, said the new name helped Centennial establish itself as an independent, private foundati...