NationMaster - Encyclopedia: Bank of Bermuda

The Bank of Bermuda Limited is a leading financial services company in Bermuda providing fund administration, trust, custody, asset management and banking services to institutions and individuals. In 2004 the HSBC Group acquired the Bank of Bermuda, which has since become a focus for certain fund management and private banking activities. HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... Year 1889 (MDCCCLXXXIX) was a common year starting on Tuesday (see link for calendar). ... City Hall in Hamilton. ... For other uses of chair, see chair (disambiguation). ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... Financial services is a term used to refer to the services provided by the finance industry. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... This article or section does not cite its references or sources. ... Custody can refer to: Child custody Police custody (Arrest) Custody account, see either Custodian bank or Clearing house (finance) Banking) Category: ... Asset management is the method that a company uses to track fixed assets, for example factory equipment, desks and chairs, computers, even buildings. ... HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ...

History

Foundation

In 1889, Bermudian merchants founded a second bank to compete with N.T. Butterfield & Son.. The Bank of Bermuda took over the branch that the Merchants' Bank of Halifax, Nova Scotia had established in 1886 to takeover the agency it had awarded to N. T. Butterfield & Son Ltd. The merchants formally incorporated the Bank of Bermuda in 1890.

Bank of Bermuda joins the HSBC Group

Bank of Bermuda grew to span 17 of the world's key financial and offshore centers including Bahrain, Cayman Islands, Cook Islands, Dublin, Guernsey, Hong Kong, Isle of Man, Japan, Jersey, London, Luxembourg, New York, New Zealand, Singapore, South Africa and Switzerland prior to joining the HSBC Group's network in February 2004. Shareholders accepted an offer valuing the Bank at US$1.3 billion, the initial offer having been made on 28 October 2003. Most of Bank of Bermuda's operations in these overseas locations were amalgamated with HSBC offices in 2004. HSBC logo HSBC Holdings PLC (NYSE: HBC), (LSE: HSBA) , (HKSE: 005) , (Euronext: HSBC) , is one of the largest banking groups in the world. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... October 28 is the 301st day of the year (302nd in leap years) in the Gregorian Calendar, with 64 days remaining. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...

Bermudian Banking

In the local market Bank of Bermuda offers a broad range of products and services to the local community, including checking and savings accounts, transactional / payment services, debit / ATM cards, credit cards, personal and consumer loans, mortgages and home equity loans, investment and financial planning services.

For the international market Bank of Bermuda offers a mix of Private Client Services, Commercial Banking, Asset Management, Global Fund Services, and Corporate, Investment Banking and Markets activities.

See also

HSBC logo HSBC Holdings PLC (NYSE: HBC), (LSE: HSBA) , (HKSE: 005) , (Euronext: HSBC) , is one of the largest banking groups in the world. ...

External links

HSBC Group

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Corporate directors: Lord Butler of Brockwell | Raymond Ch'ien | John Coombe | Francisco Gil Díaz | Baroness Dunn | Rona Fairhead | Douglas Flint | William Fung | Michael Geoghegan | Stephen Green | Sharon Hintze | James Hughes-Hallett | Sir Brian Moffat | Sir Mark Moody-Stuart | Gwyn Morgan | Stewart Newton | Simon Robertson | Helmut Sohmen | Sir Brian Williamson HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... Corporate redirects here. ... In relation to a company, a director is an officer of the company charged with the conduct and management of its affairs. ... Frederick Edward Robin Butler, Baron Butler of Brockwell, KG, GCB, CVO, PC (born 3 January 1938) is a retired British civil servant, now sitting in the House of Lords as a life peer. ... Chien Kuo Fung (éŒ¢æžœè±) or Raymond Chien is an active businessman in Hong Kong. ... Francisco Gil DÃaz (b. ... Lydia Selina Dunn (é„§è“®å¦‚), Baroness Dunn of the Barony of Hong Kong Island, and of the Barony of Knightsbridge in the Royal Borough of Kensington and Chelsea, DBE, was the Senior Unofficial Member of the Legislative Council and Executive Council in Hong Kong in 1985-1992. ... Michael Geoghegan CBE was appointed a Director and became Chief Executive of HSBC Bank plc on 1 January 2004. ... Stephen Green is Group Chief Executive of HSBC Holdings plc. ... Sir Mark Moody-Stuart (Born September 15, 1940, Antigua) is chairman of Anglo American plc and an ex chairman of Royal Dutch Shell and a director of HSBC Holdings Ltd and of Accenture. ... Gwyn Morgan, P.Eng. ...

Brands: Bank of Bermuda | Beneficial | first direct | Hang Seng | HFC | HSBC | HSBC Bank International | HSBC Halbis Partners | HSBC Investments | HSBCnet | HSBC Premier | Marbles | M&S Money | Proa HSBC Finance Corporation is a financial services company and a member of the HSBC Group. ... Logo First Direct is a telephone and internet based commercial bank in the United Kingdom, a division of HSBC Bank. ... Hang Seng Bank Limited(æ’ç”ŸéŠ€è¡Œæœ‰é™å…¬å¸) HKEx: 0011 or Hang Seng Bank (æ’ç”ŸéŠ€è¡Œ) is the second largest bank in Hong Kong. ... HSBC Finance Corporation is a financial services company and a member of the HSBC Group. ... HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... HSBC Holdings PLC (LSE: HSBA, HKEx: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world. ... HSBC Holdings PLC (LSE: HSBA, HKEx: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world. ... HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... HSBC Bank plc is a Clearing Bank in the United Kingdom, and is one of the Big 4 high street banks. ... HSBC Bank plc is a Clearing Bank in the United Kingdom, and is one of the Big 4 high street banks. ... HSBC Bank Argentina SA is the principal HSBC operating company in Argentina, it has around 150 branches throughout the country providing a full range of banking and financial products and services, including commercial, consumer and corporate banking, to over 1. ...

Minority stakes and joint ventures: Bank of Communications (19.9%) | Bank of Shanghai (8%) | HSBC Saudi Arabia Limited (60%) | Ping An (19.9%) | Techcombank (10%) | SABB (40%) |
UTI Bank Limited (4.99%) | Wells Fargo HSBC Trade Bank N.A. (20%) Bank of Communications HKEx: 3328 (Simplified Chinese: äº¤é€šé“¶è¡Œ, traditional Chinese: äº¤é€šéŠ€è¡Œ) Founded in 1908 (the 34th year of the Guangxu reign period, Qing Dynasty), the Bank of Communications emerged as one of the first few major national and note-issuing banks in China in the early days, and was chartered as the... Bank of Shanghai (Simplified Chinese: , Traditional Chinese: ; pinyin: ShÃ nghÇŽi YÃnhÃ¡ng) is a bank based in Shanghai in the Peoples Republic of China. ... Ping An of China (Chinese: ä¸å›½å¹³å®‰; Hanyu Pinyin: ), full name Ping An Insurance (Group) Company of China, Ltd. ... SABB (Arabic:Ø³Ø§Ø¨) (formerly The Saudi British Bank, Ø§Ù„Ø¨Ù†Ùƒ Ø§Ù„Ø³Ø¹ÙˆØ¯ÙŠ Ø§Ù„Ø¨Ø±ÙŠØ·Ø§Ù†ÙŠ) is an associated company of the HSBC Group, one of the worldâ€™s largest banking and financial services organisations, with over 9,800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. ...

Annual group revenue: $61.7 billion USD ( 10% FY 2005) | Employees: 284,000 | Stock symbols: lse: HSBA, sehk: 005, nyse: HBC, euronext: HSBC, BSX: 1077223879 | Website: www.hsbc.com ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... Image File history File links Green_Arrow_Up_(Darker). ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ...

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