This article is about the bank in Bermuda. For the global HSBC Group, see HSBC. For other individual entities of the group, see HSBC Bank.
HSBC Bank Bermuda Limited
Company type
Subsidiary of HSBC Holdings plc
Industry
Finance and Insurance
Founded
1889
Headquarters
Hamilton, Bermuda
Key people
L. Anthony Joaquin, Chairman Steve Banner, CEO
Products
Financial services
Operating income
US$262m (2016)
Net income
US$117m (2016)
Number of employees
320
Parent
HSBC Holdings plc
Website
www.hsbc.bm
The original logo of The Bank of Bermuda before it joined the HSBC Group
HSBC Bank Bermuda Limited, previously the Bank of Bermuda Limited, is a financial services company in Bermuda providing retail and corporate banking, investment, custody and fund administration services to international and local clients. In 2004 the HSBC Group acquired the Bank of Bermuda,[1] which has since become a focus for certain fund management and private banking activities. The bank sold much of its Cayman operations in 2014, and disposed its private banking operations at the end of April 2016. The three remaining divisions are retail banking wealth management (including HSBC Asset Management and Premier banking), commercial banking and global banking and markets. These three businesses represent over 90% of total revenues.
^"Our history | HSBC Global Asset Management". www.global.assetmanagement.hsbc.com.
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