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Philip Butterfield has announced his intention to retire as chief executive officer of HSBC Bank Bermuda Ltd in May next year. Bermudian Mr Butterfield has been with the bank for 12 years, eight of them as CEO, and will become the bank’s chairman on ...

Longer-term challenges including a stagnant housing market and US government budget cutbacks will restrain economic growth over the next year. That is the view of Ryan Wang, a US economist at HSBC based in New York, who was visiting the Island this w...

Whistle-blower LeYoni Junos is vowing to fight the bank she says is trying to kick her out of her home. Ms Junos, who went through a high-profile legal battle after being sacked from the Department of Tourism in 2008, says HSBC Bermuda sent officials...

A day after going public over a lost $1,000 wire transfer, meteorologist Rob Giglio said he finally got his money back from HSBC Bermuda. Mr. Giglio, who was out-of-pocket for three weeks while trying to get HSBC to find his money, said the bank als...

An HSBC Bermuda customer has accused the bank of poor service after a routine funds transfer turned a into a financial nightmare and left him out-of-pocket more than $1,000. Robert Giglio, who works for the Bermuda Weather Service, said he transferre...

HSBC Bank Bermuda has not confirmed whether its workforce will be trimmed as part of the 30,000 global jobs cuts planned over the next three years by its parent company HSBC Holdings plc. HSBC Holdings plc, which yesterday reported a three percent in...

HSBC Bermuda Bank has confirmed that no staff will be affected by HSBC Private Bank’s decision to cease offering its services to US residents living outside the US. In a statement issued yesterday, an HSBC Bermuda Bank said: “There is no impact to st...