Print this page Close this page

Printer Friendly

Printed from http://www.researchandmarkets.com/reports/2050007

HSBC Bank Bermuda Ltd. Oct 11

Description:
Abstract
Strong competitive position Very high capital ratios Good profitability Strong funding and liquidity position Wholly owned subsidiary of HSBC Holdings PLC Significant deterioration in loan performance Small and concentrated domestic economy Weak loan loss reserves The ratings on HSBC Bank Bermuda Ltd. (HSBC BB), the largest bank in Bermuda, reflect the bank's strong competitive position in Bermuda, very high capital ratios, good profitability, and conservative liquidity position. Our view of HSBC BB's high strategic importance to its parent company, U.K. incorporated bank holding company HSBC Holdings PLC (HSBC; AA-/Stable/A-1+), also supports the ratings. However, HSBC BB's loan performance has deteriorated significantly in recent years, which partially mitigates these strengths, and we expect further weakening in 2011 and 2012. In addition,...

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Full Analysis
Companies Mentioned
- HSBC Bank Bermuda Ltd.
- Beneficial Company LLC
- HSBC USA Inc.
- HSBC Bank PLC
- HSBC Bank USA N.A.
- HSBC France
- The Hongkong and Shanghai Banking Corp. Ltd.
- HSBC Financial Corp. Ltd.
- HSBC Holdings Luxembourg S.A.
- HSBC Bank Canada
- HSBC Finance Corp.
- Household Global Funding Inc.
- HSBC Holdings PLC
- HSBC Bank Australia Ltd.
- HSBC Private Bank (Suisse) S.A.
- Household International Capital
- The Saudi British Bank
- Hang Seng Bank Limited
- HSBC Mexico S.A.
- HSBC Bank Nevada N.A.
- HSBC USA Capital Trust I
- Republic New York Capital I
- Republic New York Capital II
- Hang Seng Insurance Co. Ltd.
- HSBC Insurance (Asia) Ltd.
- HSBC USA Capital Trust II
- HSBC Bank Brasil S.A.
- HSBC Insurance (Singapore) Pte. Ltd.
- HSBC Life (International) Ltd.
- HSBC Capital Funding (Sterling 1) L.P.
- HSBC Capital Funding (Dollar 1) L.P.
- HSBC Private Banking Holdings (Suisse) S.A.
- HSBC Canada Asset Trust
- Banco Davivienda Salvadoreno S.A
- HSBC Capital Funding (Dollar 2) L.P.
- HSBC Bank Capital Funding (Sterling 1) L.P.
- HSBC Private Bank (Monaco) S.A.
- HSBC Securities (USA) Inc.
- HSBC Bank A.S.
- Hang Seng Bank (China) Limited
- HSBC Insurance (Bermuda) Ltd.
- QBE General Insurance (Hong Kong) Ltd.
- Hongkong and Shanghai Banking Corp. Ltd. (Sydney Branch)
- HSBC Bank (Panama) S.A.
- HSBC Private Bank (C.I.) Ltd
- HSBC Bank (Taiwan) Ltd.
- HSBC Bank Kazakhstan JSC
Ordering:

Order Online - visit http://www.researchandmarkets.com/reports/1582661

Order by Fax - using the order form below

Order By Post - print the order form below and send to

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.

Page 1 of 2
Printed Saturday, May 25, 2013
11:47:55 AM

Fax order form

To place a fax order simply print this form, fill in and fax the completed form to the number below. If you have any questions please email help@researchandmarkets.net

Order information

Please verify that the product information is correct and select the format you require.

Product name

HSBC Bank Bermuda Ltd. Oct 11

Web Address

http://www.researchandmarkets.com/reports/2050007

Office Code

OC8DIQSMOUQSXT

Report Formats

Please enter the quantity of the report format you require.

Format Quantity Price
Electronic EURO€ 307.00

Contact information

Please enter all the information below in block capitals.

Title:
Mr Mrs Dr Miss Ms Prof
First Name:
Last Name:
Email Address:
Job Title:
Organisation:
Address:
City:
Postal / Zip Code:
Country:
Phone Number:
Fax Number:

Please fax this form to:
(646) 607-1907 or (646) 964-6609 (from USA)
+353-1-481-1716 or +353-1-653-1571 (from Rest of World)

Page 2 of 2
Printed Saturday, May 25, 2013
11:47:55 AM

Payment information

Please indicate the payment method you would like to use by selecting the appropriate box.

Pay by Credit Card:

American Express

Diners Club

Master Card

Visa

Cardholder's Name:
Cardholder's Signature:
Expiry Date:
/
Card Number:
CVV Security Code:
Issue date:
/ (Diners Club only)
Pay by Check:

Please post the check, accompanied by this form, to:

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.

Pay by Wire Transfer:

Please transfer funds to:

Account Number:
83313083
Sort Code:
98-53-30
Swift Code:
ULSBIE2D
IBAN Number:
IE78ULSB98533083313083
Bank Address:
Ulster Bank,
27-35 Main Street
Blackrock,
Co. Dublin
Ireland.

If you have a Marketing Code please enter it below:

Marketing Code:

Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at http://www.researchandmarkets.com/info/terms.asp

Please fax this form to:
(646) 607-1907 or (646) 964-6609 (from USA)
+353-1-481-1716 or +353-1-653-1571 (from Rest of World)