Butterfield to acquire Deutsche Bank’s banking and custody business in the Cayman Islands and Channel Islands
HAMILTON, Bermuda–(BUSINESS WIRE)–The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB) (BSX: NTB.BH) today announced that it has entered into an agreement to acquire Deutsche Bank’s banking and custody business in the Cayman Islands, Jersey and Guernsey, which…
CIBC eyes FirstCaribbean valuation around $1.4 billion: sources
By Matt Scuffham and John Tilak From Street Insider TORONTO (Reuters) – Canadian Imperial Bank of Commerce(NYSE: CM) is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give…
Butterfield-sponsored Seabin installed at Cayman Islands Yacht Club
Grand Cayman—24 October 2017: A V5 Hybrid Seabin—The Caribbean’s first—has been installed at the Cayman Islands Yacht Club in West Bay thanks to the sponsorship of Butterfield Group, a Global Pilot Partner of the Seabin Project. The Seabin is a…
Butterfield to acquire Global Trust Solutions business from Deutsche Bank
HAMILTON, BERMUDA— 25 October 2017: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB | BSX: NTB.BH) today announced that it has entered into an agreement to acquire Deutsche Bank’s Global Trust Solutions (“GTS”) business, excluding its US…
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Butterfield employees around the world participate in coastal cleanup
George Town, Grand Cayman—19 September 2017: Employees of Butterfield Group companies around the world joined forces with local environmental groups to take part in the International Costal Clean-Up on Saturday, 16 September 2017. 267 Butterfield team members cleared 113 bags…
Cayman Islands’ Butterfield marks Anniversary giving $50,000 to Charity
(Grand Cayman – 14 September 2017) This year marks a milestone for Butterfield Bank (Cayman) Limited as it celebrates its 50th Anniversary. The Bank, which was incorporated in the Cayman Islands on 17 November 1967, was one of the first…
Cayman Islands: Butterfield scholarship for employees’ children
(Grand Cayman – 20, July 2017) This year, Butterfield Group introduced three scholarships to be awarded to children of employees across three regions: Atlantic, Caribbean and Europe. Caymanian student Austyn Burkholder, daughter of Caroline Lackey of Butterfield Trust Cayman Limited,…
Cayman Islands Butterfield Scholarship Student to study medicine
(Grand Cayman – 11 July 2017) The 2017 Butterfield Bank (Cayman) Limited Undergraduate Scholarship recipient, Arin Broderick, will begin her studies as an undergraduate at Boston University in January 2018, starting with a special two year interdisciplinary programme which will…
Bermuda ahead of Cayman Islands on cybersecurity
By Raymond Hainey From The Royal Gazette Bermuda is ahead of the game on cybersecurity compared to Caribbean countries — but only slightly. A multi-regional survey by professional services firm KPMG found that the island was “slightly more prepared” against…
The Bank of N.T. Butterfield & Son Limited announces proposed secondary offering of common stock
Business Wire Business Wire February 13, 2017 HAMILTON, Bermuda–(BUSINESS WIRE)– The Bank of N.T. Butterfield & Son Limited (BSX:NTB.BH) (NTB) (the “Company”) announced today that it plans to conduct a registered public secondary offering of shares of its common stock….
