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HSBC Bermuda doesn’t rule out the possibility of more redundancies in Bermuda after the company said it plans to cut thousands of jobs worldwide in the next few years. After two years of cost cuts and asset sales, London-headquartered HSBC said yest...

@$:Profits at HSBC Bank Bermuda shrank by $132 million during 2012, hit largely by a deterioration in the value of loans in North America. The bank‘s net income for the past year was $20 million. However, its consolidated income remained relatively ...

A new year, a new e-mail scam targeting customers from one of Bermuda’s local banks. The Bermuda Police Service Financial Crime Unit has issued an advisory regarding the fake e-mail, which tries to dupe HSBC customers into giving out their account pa...

HSBC Bermuda has made close to ten employees redundant as the bank continues to assess its business model. According to a statement from HSBC: “As we continue to assess the business and align with target operating models, we have had to reduce a numb...

HSBC has confirmed that it suffered a cyber attack that took down several of the bank’s websites around the world. The company was hit by a denial-of-service (DoS) attack, which prevented customers from being able to access to its websites and use o...