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Stock impact report

Butterfield Announces Agreement to Acquire Rawlinson & Hunter Guernsey

Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares (NTB) 
Last bank of n.t. butterfield & son limited (the) voting ordinary shares earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: butterfieldgroup.com
Company Research Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited (“Butterfield” or “the Bank”) (NYSE: NTB; BSX: NTB) today announced that it has entered into an agreement to acquire Rawlinson & Hunter in Guernsey (“R&H Guernsey”), the independently owned Guernsey member firm of the Rawlinson & Hunter International Network (“R&H”). The acquisition will further expand the Bank’s Channel Islands presence and strengthen its trust and fiduciary offering with the addition of approximately 50 highly qualified colleagues in Guernsey, 71 client groups and $9.0 billion of assets under administration.Michael Collins, Butterfield’s Chairman and Chief Executive Officer, said: “R&H Guernsey is a great addition to our growing private trust business, which is a significant fee revenue generator for Butterfield. This acquisition will increase Butterfield’s presence as a leading provider of private trust services in Guernsey and globally. It also demonstrates our commitment to grow th Show less Read more
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