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Bankers’ Association’s Message To Customers

Bankers’ Association’s Message To Customers

The Bermuda Bankers’ Association [BBA] said they are aware that Bermuda’s banking customers are experiencing the impact of changes as all the banks continue to request additional information, explaining that it “is essential to the ongoing viability of Bermuda’s banking industry, and by extension the Island’s reputation as a good place... Read more of this article

HSBC: Rewards Options With HSBC Credit Cards

HSBC: Rewards Options With HSBC Credit Cards

[Advice column by HSBC Bermuda] I’m really excited because it’s holiday shopping season! A friend told me that HSBC cards have lower interest rates and I can redeem my credit card rewards to purchase gifts. Is this true? What are my reward options? It’s true, our interest rate and Rewards Programme is what sets our cards apart. Not only are our... Read more of this article

Cyril Simmons & Carmen Adebiyi Join Clarien

Cyril Simmons & Carmen Adebiyi Join Clarien

Clarien Bank has announced the addition of two new members to its growing Private Banking team. Bermudians Cyril Simmons and Carmen Adebiyi have recently joined Clarien Private Banking as Senior Private Banker and Private Banking Officer, respectively. Clarien said, “Mr. Simmons brings more than 15 years of specialised expertise to Clarien Private... Read more of this article

HSBC: Planning For Children’s Education Costs

HSBC: Planning For Children’s Education Costs

[Advice column by HSBC Bermuda] I plan to enroll my daughter into private school in six years. Money will be extremely tight when I do, but her education is worth the sacrifice. What can I do to prepare myself financially and what are my other financing options besides a loan? Planning ahead The costs may seem overwhelming, but if you’re realistic... Read more of this article

Butterfield: Treasury Shares Buy Back Program

Butterfield: Treasury Shares Buy Back Program

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited [the “Bank”] announced that during the month of October 2015, the Bank purchased for Treasury 101,917 Common Shares at an average price of $1.761 per share. In addition, there were no Preference Shares purchased. Related StoriesButterfield To... Read more of this article

Clarien Launch iTrade Online Brokerage Service

Clarien Launch iTrade Online Brokerage Service

Clarien Bank Limited has announced the launch of iTrade, the self-directed online brokerage service that lets clients build the right portfolio for their investment goals. “Whether a seasoned investor or an enthusiastic beginner, Clarien iTrade allows you the personal freedom you need to conduct efficient, cost-effective real-time trading,”... Read more of this article

Win A $5,000 Vacation With Clarien Debit Card

Win A $5,000 Vacation With Clarien Debit Card

Clarien Bank Limited has announced the launch of a new debit card usage campaign in which customers can win a grand prize dream vacation worth $5,000 or a $500 weekly travel voucher. Beginning November 6 through December 31, Clarien customers will be entered automatically into weekly draws and one grand prize draw for every $20 purchased on their debit... Read more of this article

Butterfield Named Best Private Bank In Bermuda

Butterfield Named Best Private Bank In Bermuda

The Bank of N.T. Butterfield & Son Limited was recently named Best Private Bank in Bermuda 2015 by both US-based Global Finance and UK-based Financial Times’ publications Professional Wealth Management and The Banker. Commenting on the awards, Nir Sadeh, Senior Vice President and Head of Private Banking at Butterfield said, “We are honoured... Read more of this article

Scott & Roban On Attempted Armed Robbery

Scott & Roban On Attempted Armed Robbery

Shadow National Security Minister Walter Roban and Sandys North MP Michael Scott condemned the recent attempted armed robbery in Sandys, and encouraged the public to “cooperate with the authorities as they work to bring these criminals to justice.” On Thursday afternoon [Oct 29] police responded to an incident at the Somerset Branch of HSBC,... Read more of this article

Attempted Armed Robbery At HSBC Somerset

Attempted Armed Robbery At HSBC Somerset

[Updated] A heavy police presence rushed to the west end this afternoon [Oct 29], and police can presently be seen in the area of the bank in Sandys. Further confirmed details are limited at this time, however we will update as able.Update 3.32pm: A number of police officers can be seen surrounding a van parked in the area. Update 3.43pm: Police... Read more of this article

Butterfield’s Brendan McDonagh To Step Down

Butterfield’s Brendan McDonagh To Step Down

The Bank of Butterfield announced that Brendan McDonagh, Executive Chairman, has informed the Board of his plans to step down from his post at the Company, effective immediately. “Mr. McDonagh has agreed to continue to be available to the Board and the Bank’s senior management to ensure a seamless transition,” the Bank said. “Mr.... Read more of this article

HSBC: Shopping For The Best Personal Loan

HSBC: Shopping For The Best Personal Loan

[Advice column by HSBC Bermuda] I’m shopping around for the best personal loan. What should I consider? Your personal circumstances will largely determine what personal loan is best for you. Some things to consider are the interest rate, the down payment required and secured vs unsecured, and repayment details. Let’s look at each a little closer.... Read more of this article

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