The Bank of Bermuda celebrating passing the one-year anniversary mark as an HSBC company by letting customers have cake.

On Friday, CEO Philip Butterfield was on hand in the bank's main banking hall to serve customers cake - and cake will also be coming to bank branches in the next few weeks.

The bank's sale closed after a vote on February 16, 2004 saw a majority of shareholders push through the $1.3 billion deal.

Mr. Butterfield said: "Our intent here is to demonstrate to both customers and staff that we are very proud of the success we have achieved. We have set high expectations for the future and we are working together as a team to meet those expecations."

"What we want to do is celebrate success."