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Net income for the fourth quarter was $53.5 million with a return on average common equity of 22.5 per cent

The bank’s campaign to help the charity has been running for 17 years

The bank said the scheduled work will bring Cayman customers onto the same online infrastructure introduced to Bermuda in April

Outage comes months after a full crash of the bank’s computer network for days

The banks scheduled office closings at 2pm Thursday and tentatively expect to reopen Friday noon

Due to Hurricane Lee, Butterfield and Clarien will curtail some Thursday operations and reopen on Friday

It is part of HSBC’s global strategy to reduce carbon emissions and achieve their net zero goal by 2050

Banking sector assets contracted, however, by 6.2 per cent or $1.6 billion to $24.4 billion for the first quarter of 2023

Bank’s strong first half may have silenced its largest shareholder for now

Assets decline as savers chase higher returns in a higher-rate environment