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HSBC Bermuda Donates To The Salvation Army
Christmas promises to be an even happier time this year for some individuals and families in Bermuda, following HSBC Bermuda’s annual Christmas donation to the Salvation Army. The donation was presented this week to the Salvation Army’s Major Frank Pittman at HSBC’s offices. HSBC Bermuda Chairman Philip Butterfield, Corporate Secretary Judy Doidge,... Read more of this article
Philip Butterfield To Retire As HSBC Chairman
HSBC Bank Bermuda Limited announced that Philip Butterfield will retire as Chairman of the Board of HSBC Bermuda, effective 31 December, 2015. Current Bank Director Tony Joaquin, has been appointed Chairman of HSBC Bermuda to succeed Philip Butterfield, effective 31 December, 2015. With a career in the banking industry that has spanned over 40 years,... Read more of this article
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
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 To Acquire Bermuda Trust Company
The Bank of N.T. Butterfield & Son Limited today announced that it has reached an agreement to acquire Bermuda Trust Company Ltd and the private banking investment management operations of HSBC Bank Bermuda Limited. “In addition Butterfield has entered into a referral agreement with HSBC Bermuda to take on select Private Banking clients. The... Read more of this article
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
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? With a bit of careful planning... Read more of this article
HSBC: Details Of Paying Your Bills Electronically
[Advice column by HSBC Bermuda] I’m “old school” and always pay my bills in person. I usually take a few hours once a month to walk around town and do this. My daughter keeps saying I should pay my bills electronically through my Bank. How does this work? We understand that change can sometimes be intimidating, but your daughter is right.... Read more of this article
Charity Golf Classic Tournament Set For Oct 23
HSBC, in partnership with The Centre on Philanthropy, will be hosting its second annual Charity Golf Classic, a fundraiser in support of “strengthening the Bermuda community,” at the Port Royal Golf Course on October 23. The event wil have an 8.30am shotgun start. Twenty foursomes will be available to members of the community, with a $2,000... Read more of this article
HSBC: Tips For Saving On Your Banking Fees
[Advice column by HSBC Bermuda] How can I save on the bank fees that I pay? It really depends on what type of banking you are doing. But, typically it is cheaper to bank via Internet Banking instead of in a branch when doing specific financial transactions [such as requesting bank cheques or making money transfers]. Here are a few examples of where... Read more of this article
Watkinson Named New CEO Of HSBC Bermuda
HSBC Bermuda announces that Mark Watkinson has been appointed CEO of HSBC Bank Bermuda, subject to Immigration, regulatory and other approvals. This appointment will be effective as of 2 November 2015. He will succeed Richard Moseley, who will be completing his assignment after 6 years in Bermuda. Mr Watkinson has been with HSBC since 1986, is currently... Read more of this article
HSBC: Choosing The Best Mortgage Option
[Advice column by HSBC Bermuda] What is an interest rate? Also, what is the difference between Fixed Rate Mortgage and a Variable Rate Mortgage? Sounds like you’re exploring your options to purchase a home, Congratulations! I encourage you to book a Free Financial Planning appointment. We will help you determine which option is best suited for your... Read more of this article
