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HSBC Church St Line/Drive Through Changes

HSBC Church St Line/Drive Through Changes

At the HSBC Church Street branch transaction and customer wait times were “significantly longer at the dedicated Seniors’ teller than at the main teller line,” and a “decision was made to incorporate the Seniors’ teller into our main teller lines,” the Bank said. Following comments made at the recent town hall about the change... Read more of this article

Clarien Bank To Match Donations Up To $10K

Clarien Bank To Match Donations Up To $10K

Clarien Bank today [Sept 18] announced the launch of a donation drive to support recovery efforts in the Caribbean after the devastation caused by Hurricane Irma, with the Bank set to match donations up to $10,000. “Donations should be made directly to the Bermuda Red Cross account at Clarien Bank. The funds will support Red Cross societies from... Read more of this article

Graduate Trainees Join Bank Of Butterfield

Graduate Trainees Join Bank Of Butterfield

Recquel Furbert, Erik Simmons, and Lateefah Caines have joined the Bank of Butterfield 2017 Graduate Trainee Programme, which offers Bermudian university/college graduates the opportunity to acquire the skills and expertise they need to succeed in the financial services industry. Working closely with experienced bankers, Trainees will gain real-world... Read more of this article

Vivien Carter Joins Bank Of Bermuda Foundation

Vivien Carter Joins Bank Of Bermuda Foundation

Bank of Bermuda Foundation announced that Vivien Carter has joined the Foundation as its new Programme Officer with responsibility for grantee liaison, organisational learning and community outreach. “Vivien brings more than 15 years of leadership and experience in non-profit management, as well as youth and community development,” the Foundation... Read more of this article

Butterfield Bank Reports Second Quarter Profit

Butterfield Bank Reports Second Quarter Profit

The Bank of N.T. Butterfield & Son Limited today announced net income for the second quarter ended 30 June 2017, as well as changes in the composition of its Board of Directors. The Bank’s second quarter net income was $36.1 million, an increase of $0.2 million compared to $35.9 million earned in the first quarter of 2017. Core earnings for... Read more of this article

HSBC Reviewing To “Prevent Future Incidents”

HSBC Reviewing To “Prevent Future Incidents”

Following an email being sent to a “small number” of retail banking customers which “unfortunately included an attachment containing personal information of some of HSBC Bermuda’s customers,” HSBC said they “takes the security of its customers’ information extremely seriously” and are “currently reviewing... Read more of this article

World Finance Magazine Features Clarien Bank

World Finance Magazine Features Clarien Bank

The Spring 2017 issue of World Finance magazine features an article by Clarien Bank executives Clare Spearing, Head of Private Banking, and Robert Steinhoff, Head of Investment Strategy, on changes in wealth management. Entitled “The evolution of the asset manager”, the article explains that since the financial crisis, more clients are relying on... Read more of this article

HSBC Team Trackers Programme Winners

HSBC Team Trackers Programme Winners

HSBC globally provides hundreds of volunteering opportunities in youth education and environmental projects, and as part of HSBC Bermuda’s ‘personal volunteering’ initiative the bank has engaged with The Centre on Philanthropy’s ‘Volunteer Team Tracker Programme’. The programme’s on-line tracking tool enables members of our local community... Read more of this article

Fitch Affirms Bermuda Commercial Bank At BB+

Fitch Affirms Bermuda Commercial Bank At BB+

Fitch Ratings has affirmed the Long- and Short-Term Issuer Default Ratings [IDRs] of Bermuda Commercial Bank [BCB] at ‘BB+/B’. The Rating Outlook remains Stable. The ratings agency said, “The affirmation reflects the company’s good capital levels and high on-balance sheet liquidity that provides necessary offset for the bank’s... Read more of this article

HSBC Bermuda Donates $5,725 To Coalition

HSBC Bermuda Donates $5,725 To Coalition

This week HSBC Bank Bermuda employees made a donation of $5,725 to the Coalition for the Protection of Children [CPC]. This was the second consecutive year that funds were raised for charity by HSBC Operations, Services and Technology [HOST] employees, through their Denim Day donations collected over the previous year. HSBC’s Kevin Oates and Teresa... Read more of this article

Butterfield Bank Q1 2017 Net Income: $35.9M

Butterfield Bank Q1 2017 Net Income: $35.9M

The Bank of N.T. Butterfield today announced net income for the first quarter ended 31 March 2017 of $35.9 million, an increase of $0.5 million compared to $35.4 million earned in the fourth quarter of 2016 and an increase of $9.1 million compared to $26.8 million earned in the same quarter a year ago. Core earnings for the first quarter ended 31 March... Read more of this article

Butterfield Bank Supporting ‘Seabin’ Program

Butterfield Bank Supporting ‘Seabin’ Program

The Bank of Butterfield  has joined the Seabin Global Pilot Program, and will install the pre-series V5 Hybrid Seabin at the marina at Hamilton Princess & Beach Club. The Seabin is a ‘floating trash can’ placed at marinas, docks, yacht clubs and commercial ports around the world as a part solution to the current global littering problem. Water... Read more of this article

Clarien Bank Net Profit Increases To $1.2M

Clarien Bank Net Profit Increases To $1.2M

Clarien Bank Limited, a wholly-owned subsidiary of Clarien Group Limited [CGL], announced a net profit for the year ended December 31, 2016 of $1.2m – a 133% increase over the previous 12 months. “During the past 12 months, Clarien has continued to make significant investments in its product offerings, technology, risk and operational infrastructures... Read more of this article