What banks are based in Bermuda?
Bermuda maintains a tightly regulated, sophisticated international financial center supervised by the Bermuda Monetary Authority (BMA). The island's domestic and international banking sector consists of a select group of licensed institutions, primarily comprising The Bank of N.T. Butterfield & Son Limited, HSBC Bank Bermuda Limited (a subsidiary of the global HSBC group), Clarien Bank, and Bermuda Commercial Bank. These institutions provide comprehensive commercial banking, private wealth management, trust services, and multi-currency deposit accounts to local residents and global corporate entities.
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