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Enstar Completes Purchase Of HSBC Insurers

Enstar Completes Purchase Of HSBC Insurers

Bermuda-based Enstar Group Limited announced today [Apr.1] that one of Enstar’s wholly-owned subsidiaries completed the previously announced acquisition from Household Insurance Group Holding Company of HSBC Insurance Company of Delaware and Household Life Insurance Company of Delaware, as well as its three subsidiary insurers, on March 31, 2013.... Read more of this article

HSBC’s Future Of Retirement Survey

HSBC’s Future Of Retirement Survey

A New Reality, HSBC’s 8th annual Future of Retirement survey focuses on how people are saving for retirement. The global survey explores what people are looking forward to from their retirement, what is stopping them from reaching their aspirations and how planning can help to achieve greater retirement wealth, together with five practical actions... Read more of this article

HSBC Bermuda Staff Continue Volunteer Initiative

HSBC Bermuda Staff Continue Volunteer Initiative

This is the sixth consecutive year HSBC Bermuda staff have been volunteering through the Centre on Philanthropy online Volunteer Team Tracker programme. The website, www.volunteer.bm is open to the entire community to search for registered Bermuda charities and sign up for volunteer opportunities that fit your personal schedule and interest areas. HSBC... Read more of this article

HSBC Executive Recruited By Barclays

HSBC Executive Recruited By Barclays

Global banker Barclays has appointed HSBC Bermuda executive Lincoln Fritz [pictured] to be Head of Cash Management US within its corporate banking team, a new role based in New York. At Barclays, Mr. Fritz will be responsible for driving the delivery of cash management services to multi-national companies, non-bank financial institutions, and large... Read more of this article

Money-Laundering Charges: HSBC Pay $1.9B

Money-Laundering Charges: HSBC Pay $1.9B

Banking giant HSBC agreed to pay a $1.92 billion settlement on Tuesday [Dec 12] after an investigation by U.S. authorities found the bank violated laws by laundering money from Mexican and Colombian drug cartels and processed banned transactions for countries subject to U.S. sanctions, including Cuba, Iran and Sudan. U.S. Assistant Attorney General... Read more of this article

Salvation Army Receives $10,000 Donation

Salvation Army Receives $10,000 Donation

The Salvation Army accepted 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 work in our community by celebrating the spirit of the holiday season in a meaningful way through the gift of giving. Pictured... Read more of this article

BBFS Life Skills Programme Mini Tournament

BBFS Life Skills Programme Mini Tournament

HSBC and BBFS will be facilitating their Annual Life Skills Mini Football Tournament on Friday [Dec 14] at the Dellwood Middle School starting at 3.15pm. The closing of the 7 week football and life skills programme will see middle school students compete, foster friendship and discuss the life skills learned. During the 7 week programme the students... Read more of this article

2012 HSBC Bermuda Diversity Award Recipients

2012 HSBC Bermuda Diversity Award Recipients

HSBC Bermuda Diversity Council recently congratulated the 2012 HSBC Bermuda Diversity Award recipients. Rachid Alami-Merrouni, Julia Saltus, Erin Lovell, Calviolatta (Tina) Durham, Bruce Fox, Teresa Watts, William DaCosta, Mariana Teixeira and Amanda Scaife, were nominated by fellow Bank staff who are seeking to create a culture in the workplace where... Read more of this article

HSBC Bermuda Cuts Almost Ten Job Positions

HSBC Bermuda Cuts Almost Ten Job Positions

HSBC Bermuda confirmed that they reduced a “number of roles and less than 10 employees have been impacted.” An HSBC Bermuda spokesperson stated: “As we continue to assess the business and align with target operating models, we have had to reduce a number of roles and less than 10 employees have been impacted over the last few days. “There... Read more of this article

HSBC To Sponsor International Race Weekend

HSBC To Sponsor International Race Weekend

HSBC Bermuda has been named title sponsor for the HSBC Bermuda 10K run and walk and the HSBC Bermuda Marathon & Half Marathon to be held 19 and 20 January 2013. Blake Hellam, Head of HSBC Bermuda Retail Banking and Wealth Management said: “At HSBC we take great pride in sponsoring events that provide the community with a world class experience.... Read more of this article

HSBC’s Home Improvement Financing Event

HSBC’s Home Improvement Financing Event

HSBC Bermuda’s Business Banking clients have joined forces to share their home improvement ideas to all interested members of the public during an evening event scheduled for Thursday, 11 October from 6-8 p.m, at HSBC Harbourview Centre, 6th floor. The theme of the event is “Gaining financing for home renovations” with the local business... Read more of this article

HSBC Debit Card Draw & Home Demos

HSBC Debit Card Draw & Home Demos

HSBC Bermuda is offering customers a series of home-related product and service demonstrations every Friday from 11:00am – 1:00pm in the HSBC Harbourview Centre [Ground floor lobby] beginning Friday [Sept 21]. “We are providing an opportunity for our personal clients to connect with our business clients, in order to view creative ways to improve... Read more of this article

Photos: HSBC Pre-Cup Match Celebrations

Photos: HSBC Pre-Cup Match Celebrations

HSBC Bank is getting into the Cup Match spirit with free snowballs in the team colours being served at various branches today [July 31] as well as mini-cricket game taking place in the Bank’s lobby. HSBC CFO Michael Schrum and Senior Product Manager Mitch Barker moved into another role for the day, and could be found outside serving snowballs... Read more of this article

Video: HSBC Lead Sponsor Of Cup Match 2012

Video: HSBC Lead Sponsor Of Cup Match 2012

HSBC Bermuda is the Lead Sponsor of the Cup Match Classic 2012, after partnering with Somerset Cricket Club to play a part in the 110th year celebration. Richard Moseley, CEO, HSBC Bermuda said, “Supporting Cup Match is an important commitment for HSBC, as it’s a celebration of the Island’s heritage and culture. We are very pleased to... Read more of this article

HSBC Launches Diversity & Inclusion Initiative

HSBC Launches Diversity & Inclusion Initiative

HSBC Bermuda launched a new Diversity and Inclusion initiative called the Diversity Awards Programme. The Programme is designed to recognise Bank employees who go above and beyond to advance diversity and inclusion at HSBC Bermuda or within the wider Bermuda community. All Bank employees are eligible for nomination and to nominate colleagues for the... Read more of this article

Philip Butterfield Retires As HSBC Bermuda CEO

Philip Butterfield Retires As HSBC Bermuda CEO

Philip Butterfield formally retires as HSBC Bermuda CEO today [May 10] with Richard Moseley taking over the helm. Mr. Mosley has been with the bank for approximately three years and the HSBC Group for 32 years. Mr Butterfield steps down as HSBC Bermuda CEO after eight years, but will be staying with the international financial institution in his new... Read more of this article