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A blunder by a bank meant customers were hit this month with transactions from last year. HSBC customers’ accounts were debited at the start of February for transactions carried out between December 29 last year and January 1. One woman said on Faceb...

Bank of Bermuda Foundation scholarships will now be handed out based on the financial needs of their families. All students will be required to fill out a statement of means form to show whether their family is equipped to pay for postsecondary educa...

A veteran Bermuda banker was yesterday remembered for his “exemplary career”. Luis Douglas, who worked with the Bank of Bermuda for more than three decades until 2000, died on Boxing Day from pneumonia. A spokeswoman for HSBC, which acquired the ba...

Bank of Bermuda Foundation has launched a new website that will soon enable online funding applications, while also unveiling what it describes as “bold new goals for grant-making”. The changes, which has been two years in the making, are described a...

Three students have been awarded a share of a $100,000 two-year scholarship award funded by HSBC Bermuda. It is the second and final award made by the HSBC-Knowledge Quest Scholarships. The awardees are Taja’mes Branch, who is studying kinesiology at...

Vivien Carter has been appointed as the new programme officer for the Bank of Bermuda Foundation. She will have responsibility for grantee liaison, organisational learning and community outreach. Ms Carter, a mother of two, has more than 15 years ...

HSBC has been named the World’s Best Bank 2017 by the magazine Euromoney in its annual Awards for Excellence. The publication said the award was in recognition of the transformation of HSBC under Stuart Gulliver and his management team. HSBC was also...

HSBC Bermuda yesterday apologised after it e-mailed personal information on customers to other account holders. The e-mails contained names, e-mail addresses, countries of residence, the name of the customers’ relationship manager and HSBC customer i...

There has been a 350 per cent increase in the number of contactless payments made on the island by HSBC Bermuda customers with “Tap & Go” equipped MasterCard credit cards. And the bank expects that trend to continue, especially as the America’s Cup e...

HSBC Bank Bermuda Ltd booked net profits of $117 million last year — up more than a third on 2015. A fall in loan impairment provisions and lower operating expenses after the sale of private banking operations last year contributed to the increase. M...

HSBC Bermuda has decided to leave its lending rates unchanged in the wake of the US Federal Reserve’s rate hike yesterday. The bank’s announcement means that monthly repayments and terms for variable-rate loans and mortgages will not change for HSBC ...

HSBC Bermuda is to invest $3 million in two of its Hamilton city offices. The bank plans to focus its customer services business in the Harbourfront Centre on Front Street, while most operations will be concentrated in the Compass Point building on B...