Hashtag: #HSBCBank
HSBC Celebrates Customer’s 100th Birthday
HSBC Bank Bermuda Limited recently marked a milestone for one of their customers, helping Lefroy Brownlow Place to celebrate his 100th birthday. A spokesperson said, “Loyalty is defined as ‘devotion and faithfulness to a cause, country, group or person.’ “If looking for a local example of someone who epitomizes “what it means... Read more of this article
HSBC Named ‘World’s Best Investment Bank’
HSBC has been named the ‘World’s Best Investment Bank’ in Euromoney magazine’s Awards for Excellence 2016. The bank also won the ‘World’s Best Bank for Corporates’ awards, along with six regional prizes. The Euromoney awards, now in their 25th year, provide a benchmark for levels of service and financial performance across the banking... Read more of this article
New HSBC “Green Loan” Offers 100% Financing
HSBC Bermuda is offering a new Green Loan for homeowners to invest in solar energy systems, saying “customers will have access to 100% financing, our lowest available unsecured loan variable interest rate which is currently 6% and the longest available repayment term of up to 7 years.” The Bank said, “HSBC Bermuda’s new Green Loan... Read more of this article
Butterfield Acquires Bermuda Trust Company
The Bank of N.T. Butterfield & Son Limited announced that it has completed the acquisition of Bermuda Trust Company Ltd and the private banking investment management operations of HSBC Bank Bermuda Limited. It was announced on 27 October 2015 that Butterfield had agreed to acquire those businesses and additionally take on select HSBC Bermuda private... Read more of this article
HSBC Bank Employees Continue To Give Back
This week, HSBC Bank Bermuda employees made two separate donations of $4,000 each to the Order of St. John’s Ambulance Bermuda and Friends of Hospice. Kevin Oates – HSBC presenting to Veronica DeSilva of the Order of St. John’s Ambulance Bermuda. With Mr Oates are HSBC employees Teresa Watts, Jeanann Edwards, Gloria Aguiar and Kelly Weakley. The... Read more of this article
HSBC Bank Bermuda 2015 Year End Results
HSBC Bank Bermuda Limited’s total operating income before loan impairment charges reduced by US $22m or 7% which reflected the sale of much of the bank’s Cayman operations in 2014, as well as the economic environment. Net operating income increased as the business benefited from the impact of lower loan impairment charges. Total loan impairment... Read more of this article
HSBC Team Tracker Program Donates To Charity
HSBC is encouraging staff volunteerism through several internal initiatives, including its ‘Team Tracker’ program offered via Volunteer.bm, allowing staff to log their volunteer hours and be eligible for cash awards to be donated to the charity of their choice. The HSBC Team Tracker program 2015 winners included Nekisha Tyrrell [President,... Read more of this article
Future Of Retirement Healthy New Beginnings
65% of pre-retirees aged 45 and over would like to retire within the next five years if circumstances allowed, but 38% of these say they are unable to do so, according to HSBC’s report the ‘Future of Retirement Healthy New Beginnings.’ Financial pressures are so great that 18% of pre-retirees worldwide predict that they will never be able... Read more of this article
HSBC: Saving Money Vs Investing Money
[Advice column by HSBC Bermuda] I’ve always heard that I should invest my money instead of allowing it to sit in my savings account. However, I don’t really understand investing. What is difference between the two? When and how long should I invest for? Saving vs. investing your money The challenge with savings accounts With interest rates... Read more of this article
HSBC, BBFS Hold Football & Life Skills Program
HSBC Bermuda and Bermuda’s Brazilian Football School [BBFS] recently partnered with Dellwood Middle School, Northlands Primary School, and West Pembroke Primary School to provide the sixth annual Football and Life-Skills program, focusing on skill development, life skills, academics, and more. The program was available for a maximum of 20 student... Read more of this article
HSBC: Managing Your Finances Better In 2016
[Advice column by HSBC Bermuda] It’s a new year, and I want to tighten up my finances. I am paying on my car loan, my child’s tuition and covering other expenses. But in the long term, I want to buy a house and hopefully retire early. How do I meet my current financial obligations and stay on track to meeting my long term goals? It’s great that... Read more of this article
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
