Tag: #BermudaBanks

HSBC: How To Utilize The Foreign Exchange

HSBC: How To Utilize The Foreign Exchange

[Advice column by HSBC Bermuda] My child is starting university soon and I’ll need to pay for his living expenses and tuition in Canadian dollars. How can I ensure that I get the best possible foreign exchange rate and what are some of the key risks I should consider? Start with the end in mind. Use today’s Bermuda dollar [BMD] to Canadian dollars... Read more of this article

BCB Board Appoints David Cash, Derek Stapley

BCB Board Appoints David Cash, Derek Stapley

Bermuda Commercial Bank’s Board of Directors announced that David Cash and Derek Stapley were appointed to the Board with effect from February 25, 2015. A native of Bermuda, Mr. Cash has been active in promoting the island’s international business sector. He joined the Board of Directors of Business Bermuda in 2009 and was appointed as its Chairman... Read more of this article

HSBC: Investment Tips And Advice To Live By

HSBC: Investment Tips And Advice To Live By

[Advice column by HSBC Bermuda] I can’t afford to see a financial advisor so I have been making investing decisions on my own for about 6 years. Do you have any tips that can help me make better decisions? It is great that you have taken the initiative to develop an investment strategy on your own. However, not all financial advisors charge a fee.... Read more of this article

Butterfield Bank 2014 Core Earnings: $106.4M

Butterfield Bank 2014 Core Earnings: $106.4M

The Bank of N.T. Butterfield & Son Limited today [Feb 26] announced core earnings for 2014 of $106.4 million, an improvement of $29.8 million over the $76.6 million earned in 2013. The core cash return on average tangible common equity improved to 15.1% in 2014, compared to 10.3% in 2013. Reported net income for the year ended 31 December 2014... Read more of this article

HSBC: Identifying & Solving Pension Gaps

HSBC: Identifying & Solving Pension Gaps

[Advice column by HSBC Bermuda] Will my pension be enough to support me when I retire? A pension is designed to provide financial support in retirement, however it is possible that you may have a pension gap. This means that your pension income could be less than what you’ll need in retirement to support your desired standard of living. If this... Read more of this article

HSBC: Managing Your Finances With Planning

HSBC: Managing Your Finances With Planning

[Advice column by HSBC Bermuda] I am 44-years-old and need advice on managing my finances. I am paying my mortgage, my child’s tuition and covering other expenses. However, in the long term, I want to buy a boat and retire early. How do I meet my current financial obligations and stay on track to meeting my long term goals? Managing your Finances With... Read more of this article

HSBC: Tips On Saving & Investing Your Money

HSBC: Tips On Saving & Investing Your Money

[Advice column by HSBC Bermuda] I’ve always heard that I should invest my money instead of allowing it to sit in my savings account. However, I don’t really understand investing. What is difference between the two? When and how long should I invest for? Saving vs. Investing Your Money The challenge with savings accounts With interest rates at an... Read more of this article

HSBC Bermuda Staff Log 2500 Volunteer Hours

HSBC Bermuda Staff Log 2500 Volunteer Hours

The Centre on Philanthropy launched the Volunteer.bm website in 2006, an online tool that local charities can use to post volunteer opportunities and members of the community can search for personal volunteer options. Through this website, companies can also sign up for the Team Tracker Programme, which allows company staff to log and track their own... Read more of this article

Clarien Donates $13,466 To Meals On Wheels

Clarien Donates $13,466 To Meals On Wheels

Today, Clarien Bank Limited presented a cheque to Meals On Wheels from donations raised during the Bank’s 8th Annual Holiday GiveBack Programme. This year, donations from the community, together with donations by Clarien staff, the Clarien Foundation and funds raised during the Gibbons Company Charity Shopping Day totaled $13,466. Michael DeCouto,... Read more of this article

Butterfield Group Receives Euromoney Awards

Butterfield Group Receives Euromoney Awards

Butterfield Group today [Feb 5] announced that it has received awards for Net-Worth-Specific Services for Super Affluent Clients in the Cayman Islands, and for Succession Planning Advice and Trusts in Guernsey in the 2015 Euromoney Private Banking and Wealth Management Survey. The annual Euromoney Private Banking and Wealth Management Awards, which... Read more of this article

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