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Corporate Social Responsibility Award Winners

Corporate Social Responsibility Award Winners

The launch of The Centre on Philanthropy’s Corporate Social Responsibility [CSR] Awards in September 2014, in partnership with the Bermuda Corporate Volunteer Council [CVC], saw a diverse range of companies and local businesses submit an entry for either or both of two award categories, with HSBC, BF&M, and Argus claiming the three top spots. The... Read more of this article

HSBC Notice: Hours Changed Due To Gonzalo

HSBC Notice: Hours Changed Due To Gonzalo

Due to Hurricane Gonzalo planning to making an unappreciated visit to us, there will be an interruption to HSBC branch hours of operation. HSBC Bermuda branches will close at 1:00pm on Thursday [Oct 16] and remain closed on Friday. A spokesperson said, “In accordance with HSBC Bank of Bermuda Limited‘s Business Continuity Plan, the requisite... Read more of this article

HSBC, Centre To Host Charity Golf Classic

HSBC, Centre To Host Charity Golf Classic

HSBC, in partnership with The Centre on Philanthropy, will be hosting its first annual Charity Golf Classic, a fundraiser in support of strengthening the Bermuda community The tournament will be held at the Port Royal Golf Course on October 17th following the PGA Grand Slam of Golf. Tournament participants will have the unique opportunity to play on... Read more of this article

10 Footballers Complete Excellence Programme

10 Footballers Complete Excellence Programme

During the HSBC Pro Soccer Clinic, held from July 7th to 11th, ten young footballers participating in the Clinic’s, ‘Bridge to Success Programme’ who demonstrated leadership skills and positive attitudes were selected by the coaches to also participate in the ‘HSBC School of Excellence Programme’. The ‘HSBC School of Excellence Programme’,... Read more of this article

Butterfield To Acquire Part Of HSBC In Cayman

Butterfield To Acquire Part Of HSBC In Cayman

Butterfield Bank [Cayman] Limited, a wholly owned subsidiary of The Bank of N.T. Butterfield & Son Limited today [July 8] announced that it has reached an agreement to acquire parts of the corporate and retail banking business of HSBC Bank [Cayman] Limited. The approximate value of assets being transferred from HSBC is US$0.8 billion. The transfer... Read more of this article

Standard & Poor’s On Bermuda Bank Ratings

Standard & Poor’s On Bermuda Bank Ratings

Standard & Poor’s Ratings Services said today [July 1] that it lowered its long- and short-term issuer credit ratings on HSBC Bank Bermuda [HBBM] to ‘A-/A-2′ from ‘A/A-1′, with a negative outlook. The ratings agency said, “Bermuda’s economy has weakened since the global financial markets dislocations and recession... Read more of this article

Government Clarifies: Pension Payment Delay

Government Clarifies: Pension Payment Delay

Citing “significant feedback” received regarding delays to the June Social Insurance HSBC online direct deposit pension payments,” the Department of Social Insurance provided an additional statement. The Department said that the affected HSBC pension payments were direct deposits only, and payments were successfully made for those... Read more of this article

HSBC Awards Trip To FIFA World Cup Semifinals

HSBC Awards Trip To FIFA World Cup Semifinals

HSBC Bermuda recently held a contest that saw all purchases made with an HSBC Visa debit or credit card on April 13, 2014 enter the card holder into a draw for multiple prizes, including five flat screen televisions and, most notably, a grand prize of a trip for two to the 2014 FIFA World Cup Semifinals in Brazil. HSBC has now announced the winners... Read more of this article

HSBC Pro Soccer Clinic Registration Kicks Off

HSBC Pro Soccer Clinic Registration Kicks Off

David Bascome, President of Bascome Enterprise, has touched the lives of more than 5,000 participants over the last 22 years in a summer program that focuses not only on soccer skills, but self-discipline and values young people can take with them off the field. According to Mr Bascome, “Over many years we have seen young players pass through... Read more of this article

HSBC Bermuda Staff Give Back To Community

HSBC Bermuda Staff Give Back To Community

In 2006, The Centre on Philanthropy launched the volunteer.bm website, an online tool that local charities can use to post volunteer opportunities, and where members of the community can search for volunteer opportunities, specific to their personal interests. Currently there are over 4,850 volunteers and 135 non-profit organisations registered on The... Read more of this article

19 Full Time Positions Eliminated At HSBC Bank

19 Full Time Positions Eliminated At HSBC Bank

HSBC Bermuda said that due to a “reorganization of their branches,” 19 permanent roles were eliminated and replaced with 21 part-time roles and several on-call positions. An HSBC spokesperson said, “Last year a review of our Retail business was conducted [as we have previously communicated]. 6 permanent sales roles were added to our... Read more of this article

HSBC Bank Bermuda Reports Year End Results

HSBC Bank Bermuda Reports Year End Results

HSBC Bank Bermuda Limited today [Mar 3] announced a consolidated net operating income of US$242m for the year ended 31 December 2013, an increase of US$7m or 3%. Michael Schrum, Chief Financial Officer, HSBC Bank Bermuda Limited, said: “Our capital and liquidity positions remain key strengths. Our profits grew slightly, reflecting a strong customer... Read more of this article

HSBC Bank Report On Future of Retirement

HSBC Bank Report On Future of Retirement

Nearly half of retired people [46%] who have not achieved their hopes and aspirations for retirement believed this was because they have less money to live on than they expected, according to HSBC’s report, The Future of Retirement: Life after work? Many retirees around the world are having to sacrifice ambitions such as travelling and spending more... Read more of this article

HSBC Releases Future Of Retirement Study

HSBC Releases Future Of Retirement Study

Nearly one in eight workers [12%] across the world expect they will never be able to afford to retire fully, according to HSBC’s report, The Future of Retirement: Life after work? As many as a fifth of people in some countries never expect to be able to give up work completely, with 19% of UK respondents and 18% of people in the US saying they expect... Read more of this article

HSBC Donate To BIOS Ocean Academy Program

HSBC Donate To BIOS Ocean Academy Program

Over the last five years, the Bermuda Institute of Ocean Sciences [BIOS] has welcomed thousands of primary students through its doors to participate in the Explorer Program. Part of BIOS’s yearlong Ocean Academy, the program offers students and teachers an opportunity to learn about local issues through a variety of hands-on lessons and activities. A... Read more of this article

HSBC Staff Donate $10,000 To Salvation Army

HSBC Staff Donate $10,000 To Salvation Army

Salvation Army Divisional Commander, Major Shawn Critch visited HSBC Bermuda headquarters to accept a ten thousand dollar donation from HSBC Bermuda’s directors, management and staff in lieu of gifts and various other Christmas initiatives. The Bank is assisting this worthwhile charity to continue its most important work in our community by celebrating... Read more of this article