Hashtag: #HSBCBank
HSBC Bermuda Year End 2018 Financial Results
“HSBC Bermuda’s total operating income before expected credit losses remained flat compared to 2018 at US$280 million, with increases in net interest income and fee income offset by lower investment portfolio gains”, according to the HSBC Bermuda Year End 2018 Financial Results report. “The change in expected credit losses for 2018... Read more of this article
HSBC Staff Assist With Eliza DoLittle Society
In partnership with The Eliza DoLittle Society [TEDS], HSBC Bermuda’s workforce strive to address the issue of food insecurity in Bermuda. “Since the programme’s inception in 2016, HSBC employees have helped to distribute over 16,000 meals to the community and volunteered an estimated 2,000 hours in support of this initiative,” a spokesperson... Read more of this article
HSBC Donate $10,000 To Salvation Army
This week, HSBC Bermuda had the opportunity to once again say “thank you” to The Salvation Army for the continued positive impact they make in our community, by way of the Bank’s annual donation. Presenting the award to Major Sandra Stokes of The Salvation Army was HSBC’s Chairman Tony Joaquin, and CEO, Steve Banner, who shared, “At this... Read more of this article
‘Discussed Ways To Lower Cost Of Mortgages’
Premier David Burt and newly sworn in Minister of Finance Curtis Dickinson met with HSBC’s outgoing and newly appointed CEOs, Steve Banner and Mark Watkinson, to discuss “ways to lower the cost of mortgages” and “strategies to increase lending to small businesses.” Premier Burt tweeted the photos below, saying: “Min.... Read more of this article
Steve Banner Appointed CEO Of HSBC Bermuda
HSBC announced that Steve Banner will be appointed as the new CEO of HSBC Bank Bermuda, subject to regulatory approvals. This appointment will be effective as of November 12, 2018. He will succeed Mark Watkinson, who will be retiring from the HSBC Group after a 33-year career in which he held a number of senior management positions across 10 countries. Chris... Read more of this article
HSBC Launches New US Treasury Fund
HSBC Global Asset Management [Bermuda] Limited — as manager of HSBC Corporate Money Funds Limited [HCMF] — announced the launch of its first offshore US Treasury Fund domiciled in Bermuda. “Leveraging the global reach of HSBC, the US Treasury Fund will offer additional scale to investors by investing directly into a master HSBC Global... Read more of this article
HSBC Reid St Entrance Closed Due To Damage
“Earlier today, HSBC Bermuda’s Harbourview Building experienced some damage that has required the Reid Street entrance to be closed,” a bank spokesperson said. “The cause of the incident and full extent of the damage is currently being investigated. The safety of our employees, customers and the general public are of the utmost... Read more of this article
HSBC & TEDS Distributes Over 15,000 Meals
In partnership with The Eliza DoLittle Society [TEDS] and the Anglican Cathedral, HSBC’s workforce is working to eradicate hunger in Bermuda. A spokesperson said, “From September 2017 through to February 2018, HSBC Bermuda launched its second annual bankwide, team-based volunteering initiative. 420 HSBC employees divided into 56 teams helped... Read more of this article
Jeff Baron Updates Profile With New HSBC Job
[Updated] According to his LinkedIn profile, Jeff Baron – who announced late last month that he was quitting politics – has landed a new job with HSBC in Bermuda. His recently updatde LinkedIn account states that Mr Baron has started a new position as “Country Head of Financial Crime Threat Mitigation – Bermuda at HSBC Private Banking”. Screenshot... Read more of this article
Delayed Posting Of HSBC Card Transactions
HSBC Bermuda debit card transactions from December 29 to January 1 were “not posted to customer accounts due to technical issues,” and the posting was completed on February 6th the bank confirmed, adding that they “are waiving the overlimit fees attributed to this issue.” In response to queries from Bernews, an HSBC Bermuda... Read more of this article
HSBC Staff Volunteer With Eliza DoLittle Society
In partnership with The Eliza DoLittle Society [TEDS] and the Anglican Cathedral, HSBC’s workforce has rolled up their sleeves for a second year in an ongoing effort to address the issue of hunger in Bermuda. From September 2017 through to February 2018, the Bank continues its second bank-wide, team based volunteering programme comprising of over... Read more of this article
HSBC Sponsors Two Students For Tall Ships
In July of this year, HSBC Bermuda sponsored two of Family Centre’s Youth Leadership Academy students to participate in an international Tall Ships experience. Youth Leadership Academy [YLA] is a 3-phase/ 5 year leadership training programme targeting at-risk youth who are unlikely to participate in other youth programmes. The programme is strength... Read more of this article
