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Services at HSBC and Butterfield Bank were hit by an outage problem at merchant points of sale this morning. The issue — caused by an overseas card processor — impacted credit and debit cards at multiple banks in Bermuda and internationally. Shortly ...

HSBC Bermuda chairman Philip Butterfield is to step down after 15 years with the bank. Mr Butterfield said: “It has been both an honour and a privilege to serve over the past 15 years as both CEO and subsequently chairman of the board. “My tenure at ...

The Bank of Butterfield has agreed to buy the multibillion dollar private banking trust and investment arm of rivals HSBC Bermuda. The move means Butterfield will acquire the Bermuda Trust Company Ltd as well as the trust and investment business of H...

There wasn’t a cloud in the sky yet everyone at the Dame Marjorie Bean Hope Academy was drenched. Teachers, students and volunteers all took part in the school’s HSBC-sponsored “Back to School Fun Day” yesterday. Wayne Scott, the Minister of Educat...

HSBC Bank Bermuda will have a new chief executive officer within two months. The bank announced this morning that Mark Watkinson, the CEO of HSBC Bank Malta, will take over the job as of November 2. He will succeed Richard Moseley, who will leave aft...

Dear Sir, HSBC Bermuda continues to provide excellent service, with its staff going above and beyond to be of help. HSBC’s sponsorship of Cup Match, and its drive around town with giveaways, was second to none. The bank, with its training opportuni...

HSBC Bank Bermuda has been named as the Bermuda winner of Global Finance’s best digital banks competition. In the North America section of the contest, HSBC was one of three winners announced in the first round of the contest. Citi has been declared ...

Don’t expect interest rates to bounce back sharply any time soon. That’s the advice from HSBC’s global head of fixed-income research Steven Major, who expects predicts that the US Federal Reserve will not starting raising rates until December. London...

The use of phones and tablets to make business payments is on the increase in Bermuda, according to the Island’s largest bank. HSBC said its HSBCnet mobile, introduced to the Island last year, was becoming popular with corporate treasurers and chief ...

If you’re dancing at the dollar’s bull run party, stay close to the exit — because it’s almost over. That was the take-home message from David Bloom, HSBC’s global head of FX strategy, during his visit to Bermuda to give a currency outlook presentati...

HSBC Bermuda is scrutinising its account holders in a bid to crack down on tax evasion and money laundering, The Royal Gazette can reveal. The bank responded to questions from this newspaper after it was revealed its arm in Jersey, a UK Crown Depende...