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Banks List (May 2011)
LIST OF BANKS AS COMPILED BY THE FSA ON 31 MAY 2011 This list of banks is intended to be used solely as a guide. The FSA does not warrant, nor accept any responsibility for the accuracy or completeness of the list or for any loss which may arise from reliance by any person on information in the list. (Amendments to the List of Banks since 30 April 2011 can be found on page 6) Banks incorporated in the United Kingdom Abbey National Treasury Services plc DB UK Bank Limited ABC International Bank plc Dunbar Bank plc Access Bank UK Limited, The Duncan Lawrie Ltd Adam & Company plc Ahli United Bank (UK) plc EFG Private Bank Ltd Airdrie Savings Bank Egg Banking plc Aldermore Bank Plc European Islamic Investment Bank Plc Alliance & Leicester plc Europe Arab Bank Plc Alliance Trust Savings Ltd Allied Bank Philippines (UK) plc FBN Bank (UK) Ltd Allied Irish Bank (GB)/First Trust Bank - (AIB Group (UK) plc) FCE Bank plc Alpha Bank London Ltd FIBI Bank (UK) plc AMC Bank Ltd Anglo-Romanian Bank Ltd Gatehouse Bank plc Ansbacher & Co Ltd Ghana International Bank plc ANZ Bank (Europe) Ltd Goldman Sachs International Bank Arbuthnot Latham & Co, Ltd Guaranty Trust Bank (UK) Limited Gulf International Bank (UK) Ltd Banc of America Securities Ltd Bank Leumi (UK) plc Habib Allied International Bank plc Bank Mandiri (Europe) Ltd Habibsons Bank Ltd Bank of Beirut (UK) Ltd Hampshire Trust plc Bank of Ceylon (UK) Ltd Harrods Bank Ltd Bank of China (UK) Limited Havin Bank Ltd Bank of Ireland (UK) Plc HFC Bank Ltd Bank of London and The Middle East plc HSBC Bank -
Discord, Order, and the Emergence of Stability in Early Bermuda, 1609-1623
W&M ScholarWorks Dissertations, Theses, and Masters Projects Theses, Dissertations, & Master Projects 1991 "In the Hollow Lotus-Land": Discord, Order, and the Emergence of Stability in Early Bermuda, 1609-1623 Matthew R. Laird College of William & Mary - Arts & Sciences Follow this and additional works at: https://scholarworks.wm.edu/etd Part of the History Commons Recommended Citation Laird, Matthew R., ""In the Hollow Lotus-Land": Discord, Order, and the Emergence of Stability in Early Bermuda, 1609-1623" (1991). Dissertations, Theses, and Masters Projects. Paper 1539625691. https://dx.doi.org/doi:10.21220/s2-dbem-8k64 This Thesis is brought to you for free and open access by the Theses, Dissertations, & Master Projects at W&M ScholarWorks. It has been accepted for inclusion in Dissertations, Theses, and Masters Projects by an authorized administrator of W&M ScholarWorks. For more information, please contact [email protected]. •'IN THE HOLLOW LOTOS-LAND": DISCORD, ORDER, AND THE EMERGENCE OF STABILITY IN EARLY BERMUDA, 1609-1623 A Thesis Presented to The Faculty of the Department of History The College of William and Mary in Virginia In Partial Fulfillment Of the Requirements for the Degree of Master of Arts by Matthew R. Laird 1991 APPROVAL SHEET This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Arts Matthew R. Laird Approved, July 1991 -Acmy James Axtell Thaddeus W. Tate TABLE OP CONTENTS Page ACKNOWLEDGMENTS....................................... iv ABSTRACT...............................................v HARBINGERS....... ,.................................... 2 CHAPTER I. MUTINY AND STARVATION, 1609-1615............. 11 CHAPTER II. ORDER IMPOSED, 1615-1619................... 39 CHAPTER III. THE FOUNDATIONS OF STABILITY, 1619-1623......60 A PATTERN EMERGES.................................... -
Annual Report the Bank of N.T. Butterfield & Son Limited
The Bank of N.T. Butterfield & Son Limited Annual Report 2012 Annual Report Cover 2012_final.indd 1-3 13-03-14 5:12 PM line scope essence In brief focus sight tune Butterfield is committed to environmentally conscious printing. The following savings to our natural resources were realised in the printing of this Annual Report: Energy: 5,874,649 BTUs Air Emissions: 348 kg Trees: 8 Solid Waste: 177 kg 2012 Overview Wastewater: 13,336 liters Cover 2012_final.indd 4-6 13-03-14 5:12 PM As at 31 December 2012 United Kingdom Guernsey In depth Switzerland Find out more at: Bermuda www.butterfieldgroup.com The Bahamas Cayman Islands Two Core Businesses billion $8.9 - Community Banking 1,210 Assets - Wealth Management Employees Efficiency Ratio ROE* Core Earnings improved by 0 281bps 0 45.2% *Core cash return on tangible 479 bps common equity Credit Ratings Fitch Moody’s Standard & Poor’s Short-Term Long-Term Short-Term Long-Term Short-Term Long-Term Senior Senior Senior F1A- P-1 A2 A-2 A- Accolades Six Butterfield employees named to Capital Strength Citywealth International Financial Total Capital Ratio Tier 1 Capital Ratio Centre Leaders List 2012 Euromoney 2012 Global Private Banking Survey Best Private Banking Services Overall (First in Bermuda, Eighth in Caribbean Region) Best Relationship Management (First in Bermuda and Cayman, Fourth in Caribbean Region) Best Range of Investment Products (First in Bermuda) 11.2% 7.5% 10.1% 7.2% 21.6% 15.7% 23.5% 17.7% 24.2% 18.5% Best Net-Worth-Specific Services for 2008 2009 2010 2011 2012 Super-Affluent Clientele (First in Cayman, Third in Caribbean Region) 1 time order sight In review motion brief hand Chairman2 & Chief Executive Officer’s Report to the Shareholders Chairman & Chief Executive Officer’s Report to the Shareholders 2012 was a year of continued recovery for Butterfield. -
Coral Reefs, Unintentionally Delivering Bermuda’S E-Mail: [email protected] fi Rst Colonists
Introduction to Bermuda: Geology, Oceanography and Climate 1 0 Kathryn A. Coates , James W. Fourqurean , W. Judson Kenworthy , Alan Logan , Sarah A. Manuel , and Struan R. Smith Geographic Location and Setting Located at 32.4°N and 64.8°W, Bermuda lies in the northwest of the Sargasso Sea. It is isolated by distance, deep Bermuda is a subtropical island group in the western North water and major ocean currents from North America, sitting Atlantic (Fig. 10.1a ). A peripheral annular reef tract surrounds 1,060 km ESE from Cape Hatteras, and 1,330 km NE from the islands forming a mostly submerged 26 by 52 km ellipse the Bahamas. Bermuda is one of nine ecoregions in the at the seaward rim of the eroded platform (the Bermuda Tropical Northwestern Atlantic (TNA) province (Spalding Platform) of an extinct Meso-Cenozoic volcanic peak et al. 2007 ) . (Fig. 10.1b ). The reef tract and the Bermuda islands enclose Bermuda’s national waters include pelagic environments a relatively shallow central lagoon so that Bermuda is atoll- and deep seamounts, in addition to the Bermuda Platform. like. The islands lie to the southeast and are primarily derived The Bermuda Exclusive Economic Zone (EEZ) extends from sand dune formations. The extinct volcano is drowned approx. 370 km (200 nautical miles) from the coastline of the and covered by a thin (15–100 m), primarily carbonate, cap islands. Within the EEZ, the Territorial Sea extends ~22 km (Vogt and Jung 2007 ; Prognon et al. 2011 ) . This cap is very (12 nautical miles) and the Contiguous Zone ~44.5 km (24 complex, consisting of several sets of carbonate dunes (aeo- nautical miles) from the same baseline, both also extending lianites) and paleosols laid down in the last million years well beyond the Bermuda Platform. -
Environmental Impacts on the Success of Bermuda's Inhabitants Alyssa V
University of Rhode Island DigitalCommons@URI Senior Honors Projects Honors Program at the University of Rhode Island 2016 Environmental Impacts on the Success of Bermuda's Inhabitants Alyssa V. Pietraszek University of Rhode Island, [email protected] Follow this and additional works at: http://digitalcommons.uri.edu/srhonorsprog Recommended Citation Pietraszek, Alyssa V., "Environmental Impacts on the Success of Bermuda's Inhabitants" (2016). Senior Honors Projects. Paper 493. http://digitalcommons.uri.edu/srhonorsprog/493http://digitalcommons.uri.edu/srhonorsprog/493 This Article is brought to you for free and open access by the Honors Program at the University of Rhode Island at DigitalCommons@URI. It has been accepted for inclusion in Senior Honors Projects by an authorized administrator of DigitalCommons@URI. For more information, please contact [email protected]. Page 1 Introduction. Since the discovery of the island in 1505, the lifestyle of the inhabitants of Bermuda has been influenced by the island’s isolated geographic location and distinctive geological setting. This influence is visible in nearly every aspect of Bermudian society, from the adoption of small- scale adjustments, such as the collection of rainwater as a source of freshwater and the utilization of fishing wells, to large-scale modifications, such as the development of a maritime economy and the reliance on tourism and international finances. These accommodations are the direct consequences of Bermuda’s environmental and geographic setting and are necessary for Bermudians to survive and prosper on the island. Geographic, Climatic, and Geological Setting. Bermuda is located in the North Atlantic Ocean at 32º 20’ N, 64º 45’ W, northwest of the Sargasso Sea and around 1000 kilometers southeast of Cape Hatteras, North Carolina (Vacher & Rowe, 1997). -
Current Pillar III Disclosures December 31, 2020
Capital and Risk Management Pillar 3 Disclosures for the period ended December 31, 2020 Contents Page 1. Overview 3 1.1. Background 1.2. Basis of disclosures 1.3. Scope of applications 1.4. Location and verification 2. Risk Management Objectives and Policies 5 2.1. Risk governance 2.2. Risk management 3. Prudential Metrics 7 4. Capital Adequacy 9 4.1. Capital management 4.2. Regulatory capital framework 4.3. Capital structure 4.4. Linkages between financial statements and regulatory exposures 4.5. Minimum capital requirement: Pillar 1 4.6. Leverage ratio 5. Credit Risk Measurement, Mitigation and Reporting 16 5.1. Credit risk overview 5.2. Credit risk - retail and private banking 5.3. Credit risk - commercial banking 5.4. Credit risk - treasury 5.5. Exposures 5.6. Impairment provisions 5.7. Credit risk concentrations 5.8. Credit risk mitigation 5.9. Securitization 6. Market and Liquidity Risk 28 6.1. Market risk overview 6.2. Interest rate risk 6.3. Foreign exchange risk 6.4. Liquidity risk 7. Operational Risk 33 8. Other Information 34 8.1. Abbreviations 8.2. Cautionary statements regarding forward-looking statements Page 2 Capital and Risk Management Pillar 3 Disclosures for the period ended December 31, 2020 1. Overview 1.1 Background Effective January 1, 2015, the BMA implemented the capital reforms proposed by the BCBS and referred to as the Basel III regulatory framework. Basel III aims to strengthen the regulation, supervision and risk management of banks. Basel III adopts CET1 capital as the predominant form of regulatory capital with the CET1 ratio as a new metric. -
The Bermuda Society Newsletter
The Bermuda Society Winter 2013 / Spring 2014 Newsletter - Issue 18 IN THIS ISSUE In Memoriam Summary of Company Results y/e 2013 Summary of Company Results 1Q2014 Aon Benfield Aggregate (ABA) Report 2013 ABIR 2013 year-end figures Bermuda Monetary Authority (BMA) – Captive Insurers Lloyd’s FY2013 Results Society Events ➣ 2014 Calendar ➣ Bermudian Students – Dinner 2013 ➣ BFIS Students – London Visit – July 2014 ➣ Bermudian Students Internship Programme ➣ BNT-UK and NMB event – September 2013 ➣ David Burns Speech - Guildhall – October 2013 ➣ Brendan McDonagh Speech - House of Lords – November 2013 ➣ Matthew Elderfield Speech – Guildhall – February 2014 Masterworks Museum of Bermuda Art ➣ The Charman Prize 2013 ➣ The Masterworks Collection Prize 2013 The Bermuda Institute of Ocean Sciences (BIOS) ➣ Deepgliders: The Next Frontier in Ocean Exploration In Memoriam Sir Richard Ground, OBE The Hon. Sir David Gibbons, KBE, JP 17 December 1949 – 22 February 2014 15 June 1927 – 30 March 2014 Sir Richard was born in Stamford, England and educated Sir David was Premier of Bermuda from 1977 to 1982 at Oakham School in Rutland, Lincoln College, Oxford, and Finance Minister of Bermuda from 1975 to 1984. and the Inns of Court School of Law. During his stewardship, the legislative foundations were He was called to the Bar in Gray’s Inn, in 1975; was laid for Bermuda’s reinsurance industry and modern appointed Queen’s Counsel (Cayman Islands) in 1987; international business sector. and was elected a Bencher of his Inn in 2011. Sir David presided over a tumultuous period in Bermuda’s He began his legal career in private practice at 1 Brick history and commissioned a social review of Bermuda by Court, Middle Temple from 1976 to 1983 and specialised the renowned social psychologist and African American in media law. -
Annual Report 2020 the Bank of N.T
ANNUAL REPORT 2020 THE BANK OF N.T. BUTTERFIELD & SON LIMITED ANNUAL REPORT 2020 REPORT ANNUAL Banking, trust, investments, by . Established as Bermuda’s first bank in 1858, Butterfield today offers a range of community banking and bespoke financial services from eight leading international financial centers, supported by centralized service centers in Canada and Mauritius. The Butterfield team comprises 1,314 employees working together to help our clients manage their wealth and protect it for future generations, while creating sustainable, long-term value for our shareholders. Vision Mission To be the leading independent offshore bank To build relationships and wealth. and trust company. Values APPROACHABLE COLLABORATIVE EMPOWERED IMPACTFUL We commit to We collaborate for We foster We celebrate personal service. effective teamwork. individual initiative. collective success. Locations The Bahamas Bermuda Jersey United Kingdom Cayman Islands Canada* Switzerland Mauritius* Singapore Guernsey *Non-client-facing service center. Results Core Net Income* (millions) Core Return on Average Tangible Total Assets (millions) $250 Common Equity* 30.0% $16,000 $13,922 $14,739 $197.0 $197.9 25.6% $14,000 $200 25.0% 22.4% 23.4% 20.5% $12,000 $11,103 $10,779 $10,773 $158.9 $154.5 20.0% $150 17.3% $10,000 $123.0 15.0% $8,000 $100 $6,000 10.0% $4,000 $50 5.0% $2,000 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Capital** 25.0% 22.4% 19.9% 19.6% 19.6% 19.8% 20.0% 19.4% 17.6% 18.2% 18.2% 17.3% 17.3% 16.1% 16.1% 15.3% 15.3% 15.0% -
The Bermuda Society
The Bermuda Society Winter 2009 Newsletter – Issue 11 IN THIS ISSUE O Obituaries The Hon. Nelson Bascome, JP, MP Julian Hall Derek R. Brightwell O Aon Benfield Research Lloyd’s Update – ‘Evolution’ Lloyd’s Update – Interim Management Statements O Company Financial Results O UK Market Impact Statement – ABIR O Society Events Mr. Graham White’s Speech Dr. Anthony Knap’s Speech Dinner 2009 Photostory O 2009 – Royal Visit to Bermuda The Hon. Nelson Bascome, JP, MP Company Financial Results 1955 – 2009 July 3, 2009 Royal Gazette An MP for two decades who – at the time of his death on Argus Group July 14th in the United States – held the Health Ministry Bermuda insurance group, Argus Group Holdings Ltd has portfolio. announced its first ever annual loss – $115.7 million for the year ending March 31, 2009. The net loss compares to a net income amount of $15.48 million for the year before. The Julian Hall vast majority of the loss came from a $116.1 million fall in 1950 – 2009 the fair value of its investments. These losses were unrealised and the company believes the investments could Prominent barrister and former politician died in Bermuda start to recover value as financial markets stabilise. After the on July 18th. announcement, rating agency, AM Best downgraded the financial strength of the company to “A-” from “A”. July 22, 2009 Derek R. Brightwell Royal Gazette 1936 – 2009 Platinum time Platinum Underwriters Holdings Ltd posted 2Q2009 net A long-serving supporter of Bermuda and Bermuda Tourism income of $98.1 million, comfortably beating analyst’s – he was Tourism’s public relations consultant in the UK for expectations. -
Market Overview Q3 2019 Wealth Management & Private Banking Market Overview L Wealth Management & Private Banking
Market Overview Q3 2019 Wealth Management & Private Banking Market Overview l Wealth Management & Private Banking ANNUAL ASSEMBLY 2019 UNINTENDED CONSEQUENCE Impact of AI on our future workforce Thursday, 14th November - London The Partners of Boyden UK request the pleasure of your company for an evening of drinks, canapes and thought leadership! This year we will have the opportunity to listen to the very latest thinking on how AI will impact our organisations' human capital and how organisations are preparing for the impact on the future workforce. Guest speakers include: Michael Priddis CEO, Faethm AI Faethm is an AI company with more data about the impact of the Fourth Industrial Revolution and the Future of Work than any company globally. One of the first companies globally to be invited to join the World Economic Forum - Centre for the Fourth Industrial Revolution, Michael has recently been invited to be an inaugural member of the WEF Global AI Council. Formerly a Partner and Managing Director of Boston Consulting Group’s Digital Ventures, Michael is also a member of the Science & Innovation Group of BHP. Isabel Fernandez-Mateo Professor of Strategy and Entrepreneurship; Chair, PhD Programme Isabel is the Adecco Professor of Strategy and Entrepreneurship and Chair of the PhD Programme at London Business School. She is an expert on how relationships influence career outcomes – particularly in hiring, job transitions, and career advancement. She also studies gender diversity in the executive labour market. Professor Fernandez-Mateo teaches in various degree and executive programmes at London Business School, including an elective course on “Building your Career Strategy.” She also teaches People Analytics, where she examines the challenges and opportunities of a data driven approach to people- related issues in organisations. -
Bermuda Tourism Authority
CITY OF HAMILTON* I4-2VI Bermuda Chamber of Commerce •C> At Ferry Terminal C'-tf □ mmmM Alexandra Battery Par* R 2 Old Military Rd Bermuda Tourism Authority Fire Department Cake Cpmpany NW Ranjparts^^?*-* nAI Orange Valley Rd J 8 BERMUDA ■'.l ' a ,sible Blue Hole Park Bermuda Historical Society Museum Fort Hamilton K-.2 m • Botanical Gardens SB jft.9§ Old Rd L 5 : Toilets only Bermuda Monetary Authority Perot Post Office £■>5; Bermuda jcoolw ■ V A S Lifeguard o: Castle Island Nature Res .R..S$ Paynters Rd ,n duly (su .o Bermuda National Library ,C.i- 4/. Police Station . H-m. Cfayworks Ron£, ^ Coney Island Park B Ni'3i Pepper Hall Rd R 3 ROYAL NAVAL Beaches Jiays Cathedral of the Most Holy Trinity ..iff* 3? Post Office (General) . G3 ^ * 00 Arts Centre Cooper's Island Nature Res in! R 4 Radnor Rd L S <*>5^- Royal Bermuda Yacht Club ; „ Moped Achilles Bay ..lAi Cenotaph & The Cabinet Building 8 & DOCKYARD Crawl Waterfront Park Retreat Hill 0 t SIpSEuousE a ac - Scooter Ql City Hall & Arts Centre 0 . Sessions House (Supreme Court) r,tsjift so (7«ij Annie's Bay Devonshire Bay Park Sayle Rd .L 8 S3 b ?|gsv ? VC Bailey's Bay Devonshire Marsh St. David’s Rd Q 3 Olocktdwor |fc (WMC'W.i) : >■ ■■ ■ I'm r ' * NATIONAL MUSEUM Blue Hole Ducks Puddle Park St. Mark's Rd L 7 ftnratT. " oUJ OF BERMUDA - sW9m wketri Building Bay Ferry Point Park H Secretary Rd Q 1 ■ Clearwater Beach QSS Great Head Park. Sornmersall Rd . Nrt£$ C3 Beach house with facilities fflS Devi's Hole Higgs & Horse-shoe Island Southside Rd Q 3 Daniel's Head Park. -
Key Administrative Decisions in the History of the Seventh-Day Adventist Education in Bermuda
Andrews University Digital Commons @ Andrews University Dissertations Graduate Research 1998 Key Administrative Decisions in the History of the Seventh-day Adventist Education in Bermuda Leslie C. Holder Andrews University Follow this and additional works at: https://digitalcommons.andrews.edu/dissertations Part of the Educational Administration and Supervision Commons, and the Religion Commons Recommended Citation Holder, Leslie C., "Key Administrative Decisions in the History of the Seventh-day Adventist Education in Bermuda" (1998). Dissertations. 445. https://digitalcommons.andrews.edu/dissertations/445 This Dissertation is brought to you for free and open access by the Graduate Research at Digital Commons @ Andrews University. It has been accepted for inclusion in Dissertations by an authorized administrator of Digital Commons @ Andrews University. For more information, please contact [email protected]. Thank you for your interest in the Andrews University Digital Library of Dissertations and Theses. Please honor the copyright of this document by not duplicating or distributing additional copies in any form without the author’s express written permission. Thanks for your cooperation. INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly from the original or copy submitted. Thus, some thesis and dissertation copies are in typewriter face, while others may be from any type of computer printer. The quality of this reproduction is dependent upon the quality of the copy submitted. Broken or indistinct print, colored or poor quality illustrations and photographs, print bleedthrough, substandard margins, and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and there are missing pages, these will be noted.