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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...

Clarien Bank and Age Concern have launched a partnership to help Bermuda’s senior population adapt to digital banking at Clarien. The bank said Age Concern volunteers will work alongside the Clarien client service team to help guide and educate its s...

For the fourth consecutive year, Butterfield’s group head of Trust, Jane Pearce, has been included in eprivateclient’s prestigious 50 Most Influential 2022 list. The eprivateclient 50 Most influential initiative is designed to identify, recognise and...

Applications are now open for Butterfield’s Bermuda Undergraduate Scholarship award, which has been increased by $5,000 to $30,000. The scholarship is tenable for up to four academic years and provides financial assistance to outstanding students who...

HSBC Bermuda’s branch on Church Street in Hamilton remains closed, the bank has confirmed. The branch was closed temporarily last Friday as a precautionary measure because of the rise in Covid-19 cases. An HSBC spokeswoman said: “At present, we do no...

The Somerset branch of HSBC Bermuda has reopened to the public. HSBC said it continues to be committed in serving and helping to protect the health of its employees, customers and the wider community. With this in mind, HSBC said, all customers are r...

Covid has struck a second branch of HSBC Bank. The Church street branch has been closed for days, with no indication when staff will be allowed to return to work. And the bank said Sunday that the Somerset Branch will now also be closed until Wednes...

Neville Grant has been appointed chief executive officer of Bermuda Commercial Bank. The appointment was made at this month’s meeting of the company’s board of directors. Following a “successful transition period”, Mr Grant will step into the CEO...

A lawsuit pitting the former Prime Minister of Georgia against banking giant Credit Suisse’s Bermuda life insurance company and which has lasted five weeks is scheduled to finish today. In its final hours yesterday, proceedings were dominated by a ro...

Clarien Bank is to officially open a new flagship location at Point House in Hamilton on Monday. The bank said that about half of its workforce will move to the Front Street locale, with the rest located on Reid Street in the city. Clarien said it wi...

A case with tentacles that reach into Switzerland, the Caucasus nation of Georgia, as well as the United Kingdom’s territories of Bermuda, the British Virgin Islands and Cayman Islands has lawyers for a Georgian plaintiff saying it is Bermuda’s law t...