Topic: Butterfield Bank (Cayman) Limited
US stock market: When calm masks concentration
At first glance, the US equity market appears steady. The S&P 500 has moved broadly sideways over the past three months, suggesting consolidation after a strong run. Yet beneath that calm surface, a meaningful rotation is under way, one that carries parallels with the year 2000.
Judge orders Butterfield Bank to pay nearly $100K to staffer who fell down stairs
A Grand Court judge has ordered Butterfield Bank to pay $96,841 to an employee who fell down the stairs at the bank's parking garage in George Town more than 10 years ago.
Uproar after Butterfield stamp duty collection glitch
A late afternoon email from Butterfield Bank to its customers in Cayman announcing that they would be charged retroactively for unpaid government stamp duty on debit transactions led to an avalanche of complaints on Thursday.
Navigating the diversifiers’ dilemma
One of the most significant developments in financial markets since the pandemic has been the shift in the correlation between bonds and equities from negative to positive.
Local Butterfield cards compromised
Several Butterfield Bank customers in Cayman have had their credit cards compromised recently, prompting the bank to reissue cards that have been used for fraudulent transactions.
Butterfield appoints Andrew Bolton as director
Andrew Bolton has joined the board of Butterfield Bank (Cayman) Limited as a director, effective 26 Jan., following approval of the Cayman Islands Monetary Authority.
Local interest rates rise by another quarter point
Local interest rates for mortgages, consumer loans and corporate are going up by 0.25 percentage points after the US Federal Reserve raised the Federal Funds Rate by the same margin on Wednesday, 1 Feb.
Butterfield adjusts rates in response to Fed funds increase
Butterfield Bank has announced that, in step with the recent increase in the US Federal Funds Rate, it has adjusted its prime rate for US and Cayman dollar lending for residential mortgages, consumer loans and corporate loans.
Business in brief: Maples, Mourant, Walkers, RBC, Butterfield
Following its biennial review of various global and local management positions, the Maples Group is keeping its global management team largely unchanged except for several appointments in response to retirements.
Business in brief: Butterfield, Leadership Cayman, Harneys
Butterfield Bank announced that Amanda Bodden has been promoted to the new role of Senior Vice President, Head of Retail and Operations, Cayman.
Business in brief: EY, Butterfield, Appleby, SteppingStones
Leana Smith and Maria Lewis are this year's recipients of the EY Cayman Scholarship.
Business in brief: Butterfield, KPMG, Deloitte
Butterfield announced that Jana Schreuder, who serves on the board of directors, has also been appointed non-executive chair of the board of Butterfield Bank (Cayman) Limited.
Six Cayman staffers cut in Butterfield ‘structural’ changes
Butterfield Cayman has confirmed six of its employees have been made redundant as the part of the Bermuda-based bank's restructuring exercise this month.
Can the European Central Bank revive European growth?
The month of September turned out to be one of synchronised global monetary stimulus. The European Central Bank (ECB) re-opened the monetary spigot, delivering...
O’Dea named Island Heritage board chairman
Gavin Arton retired as chairman of the board of Island Heritage Insurance on March 19. Arton has served as a director and chairman of the company since 2012.
Friday Irish Jog kicks off St. Patrick’s Day festivities
The 26th Annual 5k Irish Jog took place Friday, with green-clad, shamrock-toting runners and walkers flocking to the Britannia area to participate in the yearly event.
Bank volunteers clean up Coe Wood Beach
Ninety volunteers from Butterfield Bank (Cayman) Ltd. and their family members removed 63 bags of trash weighing more than 680 pounds from Coe Wood Beach in Bodden Town over the weekend.
