N.T. Butterfield

The Bank of N.T. Butterfield & Son Limited is a prominent financial institution based in Bermuda, known for its extensive banking services across multiple jurisdictions, including the Caribbean, UK, and Singapore. Founded in 1858, Butterfield has a rich history and has evolved into one of the leading banks in the region, focusing on wealth management, commercial banking, and retail banking services. The bank recently gained attention for its significant acquisition of CIBC Caribbean Bank Limited in a deal valued at US$1.8 billion, aimed at creating one of the Caribbean's largest banking groups with combined assets of approximately US$29 billion. This strategic move is expected to enhance Butterfield's market presence and operational efficiencies in the Caribbean banking sector.