Topic: Michael Collins
Butterfield’s chief operating officer steps down
Daniel Frumkin, Butterfield’s group chief operating officer, has informed the bank of his decision to step down from his post with immediate effect.
Butterfield to acquire Deutsche Bank business
The Bank of N.T. Butterfield & Son Ltd. announced Thursday that it has entered an agreement to acquire Deutsche Bank’s banking and custody business in the Cayman Islands, Jersey and Guernsey.
Butterfield reports second quarter profit
Butterfield Bank has announced core earnings for the second quarter of $32.1 million, an improvement of $4.3 million compared to $27.8 million earned in the same quarter a year ago.
Butterfield’s core earnings improve in first quarter
Butterfield reported first-quarter core earnings of $36 million, $7 million higher than during the same period last year.
Butterfield sees ‘improved economic conditions in all markets’
Butterfield Bank reported 2015 core earnings of $113.9 million, a slight improvement of $7.5 million over 2014.
