Wealth and Asset Management
Butterfield is now island’s biggest bank
Home-grown Bank of Butterfield has outstripped global giant HSBC to become Bermuda’s biggest bank. Butterfield was listed as having assets of $11.1 billion last year, compared to $8.7 billion for HSBC Bermuda, overtaking its rival by a sizeable margin. A KPMG report into the state of the island’s banking industry…
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Click here to read the full story: Royal Gazette