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Vivien Carter has been appointed as the new programme officer for the Bank of Bermuda Foundation. She will have responsibility for grantee liaison, organisational learning and community outreach. Ms Carter, a mother of two, has more than 15 years ...

HSBC has been named the World’s Best Bank 2017 by the magazine Euromoney in its annual Awards for Excellence. The publication said the award was in recognition of the transformation of HSBC under Stuart Gulliver and his management team. HSBC was also...

HSBC Bermuda yesterday apologised after it e-mailed personal information on customers to other account holders. The e-mails contained names, e-mail addresses, countries of residence, the name of the customers’ relationship manager and HSBC customer i...

There has been a 350 per cent increase in the number of contactless payments made on the island by HSBC Bermuda customers with “Tap & Go” equipped MasterCard credit cards. And the bank expects that trend to continue, especially as the America’s Cup e...

HSBC Bank Bermuda Ltd booked net profits of $117 million last year — up more than a third on 2015. A fall in loan impairment provisions and lower operating expenses after the sale of private banking operations last year contributed to the increase. M...

HSBC Bermuda has decided to leave its lending rates unchanged in the wake of the US Federal Reserve’s rate hike yesterday. The bank’s announcement means that monthly repayments and terms for variable-rate loans and mortgages will not change for HSBC ...

HSBC Bermuda is to invest $3 million in two of its Hamilton city offices. The bank plans to focus its customer services business in the Harbourfront Centre on Front Street, while most operations will be concentrated in the Compass Point building on B...

HSBC has been named the “World’s Best Investment Bank” in Euromoney magazine’s Awards for Excellence 2016. The bank also won the “World’s Best Bank for Corporates” awards, along with six regional prizes. The Euromoney awards, now in their 25th year, ...

HSBC Bermuda is backing green energy with a new loans scheme. The bank said that its new Green Loan scheme was a simple and affordable way for customers to invest in solar energy and energy-saving products. The deal offers 100 per cent financing, HSB...

Monitors of HSBC’s anti-money laundering and sanctions evasions found “widespread compliance failings” at the bank’s Bermuda operation, The Wall Street Journal reported yesterday. The newspaper said that “people familiar with the situation” said that...

Bermuda’s banks are upgrading their debit and credit cards in line with changing security standards elsewhere in the world. So-called “chip-and-pin” cards are on the way for customers of HSBC Bermuda, while those who bank with either Bank of Butterfi...

Demand for residential mortgages is picking up, according to the new man at the helm of HSBC Bank Bermuda Ltd. The bank’s 2015 full-year earnings statement, released last week, appeared to indicate a fall in demand as the loan portfolio value fell 17...