London Office Advises Bank of N.T. Butterfield & Son on Acquisition of Bermuda Trust Company and Private Banking Investment Management Operations of HSBC Bank Bermuda

A Locke Lord deal team led by James Channo, who worked with Butterfield’s in-house legal team, advised the Bank of N.T. Butterfield & Son Limited on the multi-million GBP acquisition of the Bermuda Trust Company Ltd and the private banking investment management operations of HSBC Bank Bermuda Limited. In addition, Butterfield has entered into a referral agreement with HSBC Bermuda to take on select Private Banking clients. This deal, announced by Butterfield on October 27, 2015, closed on April 25, 2016.
Posted May 10, 2016