This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
BUTTERFIELD BANK ISSUES STATEMENT
Hamilton, Bermuda – 02 March, 2010 - In response to enquiries, The Bank of N.T. Butterfield & Son Limited (“Butterfield”) said today that it is in discussions with prominent institutional investors regarding a significant capital raising transaction that would maintain Butterfield's capital ratios well in excess of regulatory requirements.
Butterfield expects to make a further announcement as soon as possible.