Tag: #BermudaBanks

HSBC: Choosing The Best Mortgage Option

HSBC: Choosing The Best Mortgage Option

[Advice column by HSBC Bermuda] What is an interest rate? Also, what is the difference between Fixed Rate Mortgage and a Variable Rate Mortgage? Sounds like you’re exploring your options to purchase a home, Congratulations! I encourage you to book a Free Financial Planning appointment. We will help you determine which option is best suited for your... Read more of this article

Butterfield Bank Completes Share Repurchase

Butterfield Bank Completes Share Repurchase

The Bank of N.T. Butterfield & Son Limited has completed the repurchase and cancellation of 4 million Butterfield common shares at an effective purchase price of $1.50 per share. This share repurchase and cancellation transaction was directly related to, and a part of, the transaction that was previously announced on 27 April 2015 and consummated... Read more of this article

HSBC Bank Receives Best Digital Bank Award

HSBC Bank Receives Best Digital Bank Award

Global Finance has announced its first round winners in The 2015 World’s Best Digital Banks in North America. HSBC has been chosen as the country winner for Bermuda, joining Scotiabank and Citi, as the winners for Canada and the United States, respectively. “This industry recognised accolade is one that we are extremely proud of at HSBC, as it clearly... Read more of this article

Emergency Services Respond To Bomb Threat

Emergency Services Respond To Bomb Threat

[Updating] At sometime around 10am this morning [Aug 12] emergency services responded to the Bermudiana Road area in Hamilton due to what we understand to be a bomb threat. Further details are limited at this time, will will update as able.Update 10.38am: Police Media Manager Dwayne Caines said, “At 9.57am, Bermuda Police and Fire and Rescue... Read more of this article

HSBC: Choosing The Right Credit Card

HSBC: Choosing The Right Credit Card

[Advice column by HSBC Bermuda] I’d like to get another credit card, but there are so many different options available in Bermuda. How do I select the right card for me? This is an excellent question. Credit cards can be one of the most useful tools in your wallet. In addition to its primary purpose credit cards can provide travel insurance, rewards,... Read more of this article

Robinson & Hassell Awarded Bank Scholarships

Robinson & Hassell Awarded Bank Scholarships

The Bank of N.T. Butterfield & Son Limited announced that its Sir Harry D. Butterfield undergraduate and Sir A. Dudley Spurling Postgraduate Scholarships have been awarded to Jade Robinson and Brittany Hassell, respectively. Both of these awards have an annual value of $25,000. Ms Robinson graduated from Bermuda institute in 2014 and is currently... Read more of this article

Michael Schrum Joins Bank Of Butterfield

Michael Schrum Joins Bank Of Butterfield

The Bank of N.T. Butterfield & Son Limited today announced the appointment of Michael Schrum as Group Chief Financial Officer with effect from 21 September 2015. Mr. Schrum joins Butterfield from HSBC Bank Bermuda Limited, where he was CFO. He has more than 20 years of financial services experience in London, New York and Bermuda, mainly in banking,... Read more of this article

Butterfield Bank Q2 2015 Core Earnings: $27.8M

Butterfield Bank Q2 2015 Core Earnings: $27.8M

The Bank of N.T. Butterfield & Son Limited has announced core earnings for the second quarter, which ended June 30, of $27.8 million, an improvement of $1.8 million compared to $26.0 million earned in the same quarter a year ago. The core cash return on average tangible common equity for the second quarter improved to 18.4% in 2015, compared to... Read more of this article

HSBC: Tips For Managing An ‘Emergency Fund’

HSBC: Tips For Managing An ‘Emergency Fund’

[Advice column by HSBC Bermuda] How much money should I keep in my “emergency fund”? Your emergency fund should cover all of your personal expenses for at least 6 months. This can include your:Mortgage/rent Loan payments School fees Insurance costs Utility bills FoodFree Financial Planning with HSBC If your emergency fund isn’t where it should... Read more of this article

KPMG Release Report: Bermuda Banking Sector

KPMG Release Report: Bermuda Banking Sector

KPMG in Bermuda have today [July 13] released the results of the firm’s 2015 Bermuda Banking Survey as a part of Insights – KPMG’s annual Banking in Bermuda Magazine. Now in its fifth year of publication, Insights includes detailed analysis of the results of the 2015 Bermuda Banking survey, as well as stakeholder interviews and roundtable discussions... Read more of this article

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