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S&P Affirms HSBC Bermuda Ratings

S&P Affirms HSBC Bermuda Ratings

“Standard & Poor’s affirmation of the Bank’s credit rating of AA-/Negative/A-1+ continues to confirm HSBC Bermuda as the highest-rated bank on the Island,” CEO Philip Butterfield said. In assigning this favourable rating, Standard and Poor’s noted the Bank’s “strong competitive position within the Bermuda banking market,... Read more of this article

Summer Internship Program Community Service

Summer Internship Program Community Service

The 12 Bermudian university students participating in the ninth annual Summer Internship Program [SIP], today [Aug.11] presented the results of their community service projects at a closing ceremony in the ACE building. Developed by a partnership between ACE Group, HSBC Bermuda and Deloitte, the SIP provides students with a unique learning experience... Read more of this article

HSBC Bank Cup Match Celebrations

HSBC Bank Cup Match Celebrations

HSBC Bermuda has been getting in to the Cup Match spirit this week, with pre-event celebrations at the Hamilton Harbourview Centre, St Georges and Somerset branch locations. HSBC Bermuda CEO Philip Butterfield and HSBC staff volunteers are pictured below handing out free car flags in Cup Match team colours in Hamilton: Free snowballs in the team colours... Read more of this article

HSBC Pro Soccer Clinic Kicks Off

HSBC Pro Soccer Clinic Kicks Off

HSBC Pro Soccer Clinic officially launched today [July 4] at BAA Field, Pembroke. The Clinic is celebrating 20 years of soccer excellence and has trained more than 4,000 youth soccer players. Soccer players between the ages of 4 – 16 take part in four different clinics aimed at honing their soccer skills. This year the players will be coached by Bermuda’s... Read more of this article

HSBC Bermuda Lead Sponsor for 2011 Cup Match

HSBC Bermuda Lead Sponsor for 2011 Cup Match

HSBC Bermuda will be the lead sponsor of the 2011 Cup Match Classic to be held on 28 and 29 July 2011 at the Wellington Oval Cricket Club in St George’s. “HSBC Bermuda is once again honoured to be given the opportunity to be involved in such a large community event. Cup Match is one of the most anticipated holidays of the year and we are committed... Read more of this article

Cooper’s Island: Another Acre Officially Opens

Cooper’s Island: Another Acre Officially Opens

Another acre of land at Cooper’s Island was officially opened to the public following a three year project to restore the nature reserve to its natural aesthetic beauty as a critical wildlife habitat. Two peninsulas of land are officially open to the Bermuda community for their exploration and enjoyment. - HSBC Bermuda, the Ministry of Public Works... Read more of this article

HSBC Pro Soccer Clinic Registration Extended

HSBC Pro Soccer Clinic Registration Extended

The deadline for the HSBC Pro Soccer Clinic registration has been extended to Friday 24 June 2011. The clinic, which caters to youth soccer players between the ages of 6 -16 years old, will kick-off on 4 July 2011 at the BAA Field, Pembroke. Participants will be coached by David Bascome and other professional soccer players and coaches from Bermuda... Read more of this article

US Bank Director’s Secret Bermuda Account

US Bank Director’s Secret Bermuda Account

US prosecutors yesterday [May 18] charged a Boston bank director with failing to report income hidden in a secret HSBC bank account in Bermuda, the “Wall Street Journal” has reported. The leading financial and business newspaper describes the proesution as the latest move by Washington in ongoing efforts to combat off-shore tax evasion. Michael... Read more of this article

HSBC Pro Soccer Clinic with David Bascome

HSBC Pro Soccer Clinic with David Bascome

Applications are now available for the HSBC Pro Soccer Clinic at HSBC Bermuda branches and at www.hsbc.bm/inthecommunity. The clinic, which caters to youth soccer players between the ages of 4-16 years old, will kick-off on 4 July 2011 with four different programmes at the BAA Field, Pembroke. Participants will be coached by David Bascome and other... Read more of this article

Global Finance: HSBC Best Bermuda Bank

Global Finance: HSBC Best Bermuda Bank

Global Finance magazine has named HSBC Bank Bermuda as the Best Bank in Bermuda for 2011. “We recognise these banks for their outstanding accomplishments,” says Global Finance’s publisher, Joseph D. Giarraputo. “Global financial markets are extremely difficult and conditions in each market may have differed but the winning banks were all noteworthy... Read more of this article

Photos & Video: Bill Ming’s Sculpture Unveiled

Photos & Video: Bill Ming’s Sculpture Unveiled

This afternoon [Mar.29] saw the unveiling of the sculpture titled “Against ‘da tide”, the work of Bermudian sculptor Bill Ming and  sponsored by HSBC (Bermuda). Mayor Charles Gosling spoke briefly, thanking HSBC and Bill Ming for adding to the public art that is steadily appearing throughout the City of Hamilton. Philip Butterfield,... Read more of this article

New Bill Ming Sculpture to Be Unveiled

New Bill Ming Sculpture to Be Unveiled

Bill Ming, a Bermudian artist and sculptor will add another work of art to the growing amount of public sculptures appearing around the Island, as he was selected by HSBC Bermuda to create a new work that will be placed on the Front Street side of the old Bank of Berrmuda building at Number One Front Street. This new work joins HSBC’s display... Read more of this article

HSBC Bermuda Sells Insurance Unit To Kane

HSBC Bermuda Sells Insurance Unit To Kane

HSBC Bank Bermuda announced today [Mar. 11] it has sold its insurance management business to Kane Group, a provider of specialist risk and insurance management services. Kane is buying HSBC Insurance Holdings (Bermuda) Limited, HSBC Insurance SPC Limited and the insurance management business and assets of HSBC Bank (Cayman) Limited and HSBC Insurance... Read more of this article

CEO: 2010 ‘A Good Year For HSBC Bermuda’

CEO: 2010 ‘A Good Year For HSBC Bermuda’

HSBC Bermuda reported its net pre-tax profit surged by 15 percent to $254 million in 2010, aided by the sale of an insurance subsidiary. Underlying profit — which does not take into the account the sale of subsidiary HSBC Insurance (Bermuda) Limited to another HSBC affiliated entity  –also increased three percent to $182 million. Customer... Read more of this article

HSBC Holdings Makes Boardroom Changes

HSBC Holdings Makes Boardroom Changes

Bermuda Stock Exchange-listed HSBC Holdings Limited — the world’s sixth-largest banking and financial services group — has made a regulatory announcement to the market regarding changes of directors to the board of the company. Laura May Lung Cha has been appointed a director of HSBC Holdings plc with effect from 1 March 2011. She... Read more of this article

Environment Minister: No HSBC Benefit

Environment Minister: No HSBC Benefit

Minister of Environment, Planning and Infrastructure Strategy Walter Roban today [Feb 15] said he is not professionally or personally linked to HSBC and, as such, does not stand to profit from their financial wellbeing.  The statement was made to dismiss any speculation he would benefit through this link from the passing of the Special Development... Read more of this article