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Bank of Bermuda/HSBC Holdings

M/03/038

Completed

Transaction details

Proposal whereby HSBC Holdings plc would acquire the Bank of Bermuda Ltd.
Case details
  • Notification date:12 December 2003
  • Publication date:12 December 2003
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial services (non-insurance) - L.64
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 12 December, 2003 Notification received
  • Monday, 29 December, 2003 Third party submission deadline
  • Monday, 12 January, 2004 Determination issued
Parties Involved

Bank of Bermuda

Provides a variety of financial and banking services to customers, predominantly to private clients in the area of investment management and advice.

 

HSBC Holdings

Large company, with operations worldwide, which provides a wide range of financial and banking services and products.

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