The Bermuda-headquartered banking group Butterfield has renamed its Bahamas business, formerly known as Butterfield Bank (Bahamas), to Butterfield Trust (Bahamas), to better reflect the focus of the business.
The bank said the rebrand will reinforce its commitment to offering trust and fiduciary services from The Bahamas to both local and international clients.
“The multi-jurisdictional capability that we offer clients in the field of international fiduciary business is fundamental to our approach. We see The Bahamas as a key component in this regard, strengthening our position in our chosen markets. The name change demonstrates our commitment to The Bahamas as a jurisdiction and its integral role in our strategic plans for growth,” said Bob Moore, executive vice president and head of the group’s trust operations.
