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Dozens of HSBC customers did not have a Good Friday when they found their bank cards were unusable for several hours yesterday. Dozens of irate card users wrote on Facebook that their cards had been declined at multiple businesses and ATM machines, w...

Banks’ ratio of Bermuda dollar loans to deposits plunged in 2021 as personal savings increased and the amount being lent dropped

The popular Clarien Iron Kids Triathlon is set to return from a two-year hiatus this summer

A damning “indictment” of the business dealings of Credit Suisse bank follows a Supreme Court judgment in which more than half a billion dollars were at stake and where the court found fraud in policy accounts that the bank’s Bermuda subsidiary held ...

Oligarchs now facing sanctions and the discomfort of seeing their luxurious lifestyles thrown into the spotlight may be disconcerted to recall that one of their alleged number, just four months ago in a Bermuda Court, vividly described his rise to di...

Pearline McIntosh has been appointed to the position of SVP, head of private banking, at Clarien Bank. She will be responsible for the day-to-day management of the private banking team within Clarien’s wealth management group. Mrs McIntosh has signif...

Clarien Bank is to discontinue its in-person teller services and is transitioning to digital, self-service based personal banking for all its customers. Teller services at the bank’s 19 Reid Street branch will no longer be available effective the en...

Tonight, the Front Street façade of the HSBC Bermuda’s Harbourview Centre will be illuminated purple, the official colour of International Women’s Day, as just one of the ways HSBC is marking the occasion, the bank said today. Head of wealth and pers...

Against the backdrop of the threat of war in Ukraine, Bermuda’s financial services regulator adds three Russian nationals and five banks to a sanctions list on its website

HSBC Bermuda will permanently shut its Church Street branch at the end of June – and until then it will be used for by-appointment safe-custody services only. HSBC said staff working there would be redeployed to support the Harbourview Centre, St Geo...

The parent company of a Bermudian-based investment business has acquired a bank in the Cayman Islands. Jamaica-headquartered Proven Investments Limited, through its newly formed subsidiary Proven Bank Holdings Limited, has completed its acquisition o...

A Supreme Court judge has denied a bid by HSBC Bank Bermuda Limited to take possession of a mortgaged commercial property and sell it to satisfy the mortgage debt. Puisne Judge Larry Mussenden refused the bank’s application for summary judgment and r...