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HSBC Announces Resignation & Appointment

HSBC Announces Resignation & Appointment

In a filing with the Bermuda Stock Exchange, HSBC announced the resignation and appointment of directors. The filing stated: HSBC Managed Portfolios Limited HSBC Corporate Money Funds Limited HSBC Specialist Funds Limited [each a “Company”] Director Resignation and Appointment The Board of Directors of each Company wish to announce the resignation... Read more of this article

HSBC To Cut Around 35,000 Jobs Worldwide

HSBC To Cut Around 35,000 Jobs Worldwide

According to multiple international reports, HSBC said that it would cut around 35,000 jobs worldwide, in what they called the ”deepest restructuring and simplification programs in the bank’s history.” We asked HSBC Bermuda if this will affect the island, and an HSBC Bermuda spokesperson told Bernews, “There is no geographical... Read more of this article

Apply For HSBC Summer Student Employment

Apply For HSBC Summer Student Employment

HSBC Bank Bermuda is accepting applications for the 2020 Summer Student Trainee programme. A spokesperson said, “The HSBC student programme provides opportunities for students to get extensive exposure to the financial services industry. “Students receive hands on experience with the Bank’s products and services, gain a greater understanding... Read more of this article

HSBC’s Credit Card Alerts Offer Fraud Protection

HSBC’s Credit Card Alerts Offer Fraud Protection

HSBC is introducing credit card alerts to assist in protecting customers against fraud. A spokesperson said, “With over $5 billion in card related fraud losses being reported globally in 2019, every card holder should be aware of the importance of keeping their card data safe. “One of HSBC’s top priorities is to find ways to mitigate this... Read more of this article

HSBC, Coalition Team Up To Deliver Toys For Tots

HSBC, Coalition Team Up To Deliver Toys For Tots

HSBC Bermuda and the Coalition for the Protection of Children are joining forces for the second consecutive year to deliver the annual island-wide ‘Toys for Tots’ campaign, now in its 17th year. “Since the campaign’s inception in 2002, the generous response by the Bermudian community over the years has continued to grow, culminating in over... Read more of this article

HSBC Harbourview Centre Open On Monday

HSBC Harbourview Centre Open On Monday

[Updated - Issues resolved!] HSBC Bank Bermuda advised that “due to a technical issue with the air conditioning system in the Harbourview Centre, the building will be closed on Monday, August 26.” A spokesperson said, “To ensure the safety and welfare of our employees, customers and the general public, we advise the following: “The... Read more of this article

HSBC Bank Harbourview Centre Building Works

HSBC Bank Harbourview Centre Building Works

HSBC Bank Bermuda announced today that it will undertake building works on the Reid Street side of the Harbourview Centre commencing today, with the Bank saying that it is estimated to be completed within one month. “To enable the work to be completed in the most expeditious manner, the bank will be closing the Reid Street entrance during this... Read more of this article

HSBC Raising Various Fees Effective July 1st

HSBC Raising Various Fees Effective July 1st

HSBC Bank Bermuda is advising that effective on Monday, July 1st they will be making various fee adjustments. In an email sent to customers, the Bank said, “At HSBC, we recognize the importance of keeping you informed when it comes to your banking; notifying you about upcoming fee changes is an important part of this. “Please be advised that... Read more of this article

HSBC Plan Changes To Online Banking Platform

HSBC Plan Changes To Online Banking Platform

HSBC Bank Bermuda plan to make changes to their online banking for personal banking customers, saying that they will first implement changes to the internet banking platform, which will have a “fresh new look and feel.” In an email sent to customers, the bank said, “Over the coming weeks we are making some exciting changes to HSBC... Read more of this article

HSBC Increases Its Retail Base Lending Rate

HSBC Increases Its Retail Base Lending Rate

HSBC Bank Bermuda Limited announced today [May 1] that it will increase its base lending rate by 0.25%, effective 1 July 2019. “This will be the bank’s first base lending increase since 2010,” the bank said. “The base rate for Bermuda dollar residential mortgages and consumer loans will increase by 0.25% to 3.75%. The base rate... Read more of this article

‘She Leads’ Programme Accepting Applications

‘She Leads’ Programme Accepting Applications

BHS and HSBC Bank Bermuda announced that applications are now being accepted for the “She Leads: A Real World Readiness Programme” for young women who have just completed their penultimate year of high school at CedarBridge Academy, The Berkeley Institute or BHS. “This week-long programme is an action packed experience that will run for a... Read more of this article

Launch Of ‘She Leads’ For High School Students

Launch Of ‘She Leads’ For High School Students

Coinciding with International Women’s Day, BHS and HSBC Bermuda announced the launch of “She Leads: A Real World Readiness Programme” for young women who have just completed their penultimate year of high school. “This ground-breaking public/private partnership will be offered to 15 BHS students and 15 students from The Berkeley Institute... Read more of this article