News
Butterfield Announces Agreement to Acquire Control of CIBC Caribbean in $1.8 Billion Transaction
HAMILTON, Bermuda & ST. MICHAEL, Barbados- The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB | BSX: NTB.BH) has entered into a definitive agreement to acquire CIBC’s 91.7% interest in CIBC Caribbean Bank Limited (“CIBC Caribbean”), a relationship bank with a longstanding history serving communities across the Caribbean, to create a leading banking and wealth management platform in international financial centers and attractive Caribbean markets, with approximately $29 billion in assets.
'VI fully committed' to regional integration- Premier Wheatley
ROAD TOWN, Tortola, VI—Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has refuted claims suggesting that the Virgin Islands’ (VI) decision not to sign the CARICOM Free Movement Agreement among CARICOM nationals indicates a lack of support or disrespect towards "our Caribbean brothers and sisters".
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UK 'open' to reducing VI's borrowing ratio- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said one of the major wins of his recent trip to the United Kingdom (UK) is the issue of the borrowing ratio in the Protocols for Effective Financial Management.
'Formal constitutional negotiations' with UK to begin early 2026- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has stated that the Virgin Islands government will begin constitutional negotiations with the United Kingdom (UK) early in 2026.
Previously settled Anegada Crown Land matters to be honoured soon- Hon Fraser
ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Environment, Natural Resources, and Climate Change, Hon Julian Fraser, RA (R3), has informed residents of Anegada that land matters settled with the Anegada Land Committee will soon be honoured.
Dr D Orlando Smith Hospital to receive upgrades through $100M loan
ROAD TOWN, Tortola, VI- A multi-agreement was signed between the BVI Health Services Authority (BVIHSA) and the Virgin Islands Recovery and Development Agency (RDA) for renovations and repairs at Dr D Orlando Smith Hospital.
Tola Radio panelist ‘freaks out’ as Premier refuses to take his questions
FAT HOGS BAY, Tortola, VI- The popular International Morning Braff Show on Tola Radio VI, 100.5FM, had its first airing for 2023, and it was not without drama.
WINAIR enters into partnership with JetBlue
SIMPSON BAY, St Maarten– WINAIR, which serves the [British] Virgin Islands and other destinations in the region, has announced it has entered into an interline agreement with US-based JetBlue.
USVI Gov't signs agreement to build horse racing facility on St Croix
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- US Virgin Islands (USVI) Governor Albert A. Bryan Jr on Thursday, September 15, 2022, signed an agreement with VIGL that clears all remaining obstacles to enable the horse racing management company to begin the reconstruction of the Randall 'Doc' James Racetrack on St Croix, Government House has announced.
Money Order service between US & VI Postal Services to end Oct 1, 2021
ROAD TOWN, Tortola, VI- Acting Postmaster General Mrs Iris T. Romney has disclosed that effective Friday, October 1, 2021, the reciprocal International Postal Money Order service between the United States Postal Service (USPS) and the Virgin Islands Postal Service (BVI Post) will come to an end.
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