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<br /> Published by TIMES Group<br /> Review 2010<br /> HSBC Bermuda<br /> Bank of the Year in Bermuda<br /> for three years in a row.<br /> Issued by The Bank of Bermuda Limited. HSBC is a brand name for The Bank of Bermuda Limited<br /> which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.<br /> HSBC is a leading financial services provider<br /> in Bermuda, providing fund administration,<br /> trust, custody, asset management and banking<br /> services to individuals, institutions<br /> and corporations locally and globally.<br /> Being voted Bank of the Year in Bermuda<br /> for three consecutive years by The Banker<br /> magazine confirms our ability to seamlessly<br /> deliver financial solutions to the market. This<br /> is realised by combining the global capabilities<br /> and solid financial base of the HSBC Group<br /> with our extensive local market knowledge.<br /> This combination makes us able to fulfill the<br /> <a title="Business Bermuda Review 2010 page 1" href="http://viewer.zmags.com/publication/f10ac42a?page=1"> Published by TIMES Group </a> <a title="Business Bermuda Review 2010 page 2" href="http://viewer.zmags.com/publication/f10ac42a?page=2"> HSBC Bermuda Bank of the Year in Bermuda for thre</a> <a title="Business Bermuda Review 2010 page 3" href="http://viewer.zmags.com/publication/f10ac42a?page=3"> HSBC is a leading financial services provider in B</a> <a title="Business Bermuda Review 2010 page 4" href="http://viewer.zmags.com/publication/f10ac42a?page=4"> 141 FRONT STREET HAM</a> <a title="Business Bermuda Review 2010 page 5" href="http://viewer.zmags.com/publication/f10ac42a?page=5"> Credits Page Review 2010 P</a> <a title="Business Bermuda Review 2010 page 6" href="http://viewer.zmags.com/publication/f10ac42a?page=6"> Business Bermuda new name</a> <a title="Business Bermuda Review 2010 page 7" href="http://viewer.zmags.com/publication/f10ac42a?page=7"> Acknowledgements Acknowledgements </a> <a title="Business Bermuda Review 2010 page 8" href="http://viewer.zmags.com/publication/f10ac42a?page=8"> GOVERNMENT OF BERMUDA Ministry of Tourism and Tra</a> <a title="Business Bermuda Review 2010 page 9" href="http://viewer.zmags.com/publication/f10ac42a?page=9"> Contents Contents 11 Messa</a> <a title="Business Bermuda Review 2010 page 10" href="http://viewer.zmags.com/publication/f10ac42a?page=10"> Protect Your Business with a World Class Data Ce</a> <a title="Business Bermuda Review 2010 page 11" href="http://viewer.zmags.com/publication/f10ac42a?page=11"> Contents Contents 72 Bermu</a> <a title="Business Bermuda Review 2010 page 12" href="http://viewer.zmags.com/publication/f10ac42a?page=12"> </a> <a title="Business Bermuda Review 2010 page 13" href="http://viewer.zmags.com/publication/f10ac42a?page=13"> Message Messag</a> <a title="Business Bermuda Review 2010 page 14" href="http://viewer.zmags.com/publication/f10ac42a?page=14"> </a> <a title="Business Bermuda Review 2010 page 15" href="http://viewer.zmags.com/publication/f10ac42a?page=15"> Welcome Welcom</a> <a title="Business Bermuda Review 2010 page 16" href="http://viewer.zmags.com/publication/f10ac42a?page=16"> </a> <a title="Business Bermuda Review 2010 page 17" href="http://viewer.zmags.com/publication/f10ac42a?page=17"> Introduction I</a> <a title="Business Bermuda Review 2010 page 18" href="http://viewer.zmags.com/publication/f10ac42a?page=18"> </a> <a title="Business Bermuda Review 2010 page 19" href="http://viewer.zmags.com/publication/f10ac42a?page=19"> Business Bermuda © Mark Tatem Business Bermuda:</a> <a title="Business Bermuda Review 2010 page 20" href="http://viewer.zmags.com/publication/f10ac42a?page=20"> Business Bermuda Bermuda educates the me</a> <a title="Business Bermuda Review 2010 page 21" href="http://viewer.zmags.com/publication/f10ac42a?page=21"> GENERAL CONTRACTORS & CONSTRUCTION MANAGERS </a> <a title="Business Bermuda Review 2010 page 22" href="http://viewer.zmags.com/publication/f10ac42a?page=22"> Only 2 hours from the east coast Old World Splen</a> <a title="Business Bermuda Review 2010 page 23" href="http://viewer.zmags.com/publication/f10ac42a?page=23"> Business Bermuda </a> <a title="Business Bermuda Review 2010 page 24" href="http://viewer.zmags.com/publication/f10ac42a?page=24"> Business Bermuda Courtesy Business Bermuda 22 </a> <a title="Business Bermuda Review 2010 page 25" href="http://viewer.zmags.com/publication/f10ac42a?page=25"> Business Bermuda Left: Vicki Coelho, Chairma</a> <a title="Business Bermuda Review 2010 page 26" href="http://viewer.zmags.com/publication/f10ac42a?page=26"> Business Bermuda Cheryl Packwood and Vicki C</a> <a title="Business Bermuda Review 2010 page 27" href="http://viewer.zmags.com/publication/f10ac42a?page=27"> Business Bermuda government, business an</a> <a title="Business Bermuda Review 2010 page 28" href="http://viewer.zmags.com/publication/f10ac42a?page=28"> The strength of the Argus Group has allowed us to</a> <a title="Business Bermuda Review 2010 page 29" href="http://viewer.zmags.com/publication/f10ac42a?page=29"> Bermuda </a> <a title="Business Bermuda Review 2010 page 30" href="http://viewer.zmags.com/publication/f10ac42a?page=30"> Bermuda © Mark Tatem 28 ■ B Queen Elizabeth </a> <a title="Business Bermuda Review 2010 page 31" href="http://viewer.zmags.com/publication/f10ac42a?page=31"> Bermuda construction has become importan</a> <a title="Business Bermuda Review 2010 page 32" href="http://viewer.zmags.com/publication/f10ac42a?page=32"> Bermuda </a> <a title="Business Bermuda Review 2010 page 33" href="http://viewer.zmags.com/publication/f10ac42a?page=33"> ARCHITECTURE RESORT DESIGN DEVELOPMENT CONSUL</a> <a title="Business Bermuda Review 2010 page 34" href="http://viewer.zmags.com/publication/f10ac42a?page=34"> Bermuda Government of Bermuda or</a> <a title="Business Bermuda Review 2010 page 35" href="http://viewer.zmags.com/publication/f10ac42a?page=35"> Bermuda PARLIAMENT CABINET PREMIER </a> <a title="Business Bermuda Review 2010 page 36" href="http://viewer.zmags.com/publication/f10ac42a?page=36"> Every new building can complement our environment</a> <a title="Business Bermuda Review 2010 page 37" href="http://viewer.zmags.com/publication/f10ac42a?page=37"> Bermuda © Mark Tatem Why Bermuda? Roger Cromb</a> <a title="Business Bermuda Review 2010 page 38" href="http://viewer.zmags.com/publication/f10ac42a?page=38"> Bermuda © Mark Tatem 36 ■ B On top o</a> <a title="Business Bermuda Review 2010 page 39" href="http://viewer.zmags.com/publication/f10ac42a?page=39"> Bermuda ■ Professional suppo</a> <a title="Business Bermuda Review 2010 page 40" href="http://viewer.zmags.com/publication/f10ac42a?page=40"> </a> <a title="Business Bermuda Review 2010 page 41" href="http://viewer.zmags.com/publication/f10ac42a?page=41"> Bermuda © Mark Tatem Risk-based regulation Je</a> <a title="Business Bermuda Review 2010 page 42" href="http://viewer.zmags.com/publication/f10ac42a?page=42"> Bermuda </a> <a title="Business Bermuda Review 2010 page 43" href="http://viewer.zmags.com/publication/f10ac42a?page=43"> Bermuda </a> <a title="Business Bermuda Review 2010 page 44" href="http://viewer.zmags.com/publication/f10ac42a?page=44"> Bermuda FSA building and walkway, London.</a> <a title="Business Bermuda Review 2010 page 45" href="http://viewer.zmags.com/publication/f10ac42a?page=45"> UNIQUELY POSITIONED BERMUDA The BSX is inter</a> <a title="Business Bermuda Review 2010 page 46" href="http://viewer.zmags.com/publication/f10ac42a?page=46"> Bermuda </a> <a title="Business Bermuda Review 2010 page 47" href="http://viewer.zmags.com/publication/f10ac42a?page=47"> Bermuda Trading on the BSX is e</a> <a title="Business Bermuda Review 2010 page 48" href="http://viewer.zmags.com/publication/f10ac42a?page=48"> Bermuda </a> <a title="Business Bermuda Review 2010 page 49" href="http://viewer.zmags.com/publication/f10ac42a?page=49"> Bermuda </a> <a title="Business Bermuda Review 2010 page 50" href="http://viewer.zmags.com/publication/f10ac42a?page=50"> </a> <a title="Business Bermuda Review 2010 page 51" href="http://viewer.zmags.com/publication/f10ac42a?page=51"> Business Lines © Mark Tatem “Whither the fates </a> <a title="Business Bermuda Review 2010 page 52" href="http://viewer.zmags.com/publication/f10ac42a?page=52"> Business Lines © Mark Tatem A concentr</a> <a title="Business Bermuda Review 2010 page 53" href="http://viewer.zmags.com/publication/f10ac42a?page=53"> Business Lines The right hedge fund servicing p</a> <a title="Business Bermuda Review 2010 page 54" href="http://viewer.zmags.com/publication/f10ac42a?page=54"> </a> <a title="Business Bermuda Review 2010 page 55" href="http://viewer.zmags.com/publication/f10ac42a?page=55"> Business Lines © Mark Tatem Bermuda's investmen</a> <a title="Business Bermuda Review 2010 page 56" href="http://viewer.zmags.com/publication/f10ac42a?page=56"> Business Lines New IMF HQ2 Building along 19</a> <a title="Business Bermuda Review 2010 page 57" href="http://viewer.zmags.com/publication/f10ac42a?page=57"> Business Lines </a> <a title="Business Bermuda Review 2010 page 58" href="http://viewer.zmags.com/publication/f10ac42a?page=58"> Business Lines © Mark Tatem Hedge funds: Riding</a> <a title="Business Bermuda Review 2010 page 59" href="http://viewer.zmags.com/publication/f10ac42a?page=59"> Business Lines ■ Hedge funds have been </a> <a title="Business Bermuda Review 2010 page 60" href="http://viewer.zmags.com/publication/f10ac42a?page=60"> Business Lines © Mark Tatem Fund administration</a> <a title="Business Bermuda Review 2010 page 61" href="http://viewer.zmags.com/publication/f10ac42a?page=61"> Business Lines </a> <a title="Business Bermuda Review 2010 page 62" href="http://viewer.zmags.com/publication/f10ac42a?page=62"> Business Lines </a> <a title="Business Bermuda Review 2010 page 63" href="http://viewer.zmags.com/publication/f10ac42a?page=63"> Business Lines </a> <a title="Business Bermuda Review 2010 page 64" href="http://viewer.zmags.com/publication/f10ac42a?page=64"> with the Trust Companies Act 1991, which has sinc</a> <a title="Business Bermuda Review 2010 page 65" href="http://viewer.zmags.com/publication/f10ac42a?page=65"> Business Lines </a> <a title="Business Bermuda Review 2010 page 66" href="http://viewer.zmags.com/publication/f10ac42a?page=66"> Business Lines © Mark Tatem Corporate managemen</a> <a title="Business Bermuda Review 2010 page 67" href="http://viewer.zmags.com/publication/f10ac42a?page=67"> Business Lines Among the spec</a> <a title="Business Bermuda Review 2010 page 68" href="http://viewer.zmags.com/publication/f10ac42a?page=68"> PROPERTY AND CASUALTY ACCIDENT AND </a> <a title="Business Bermuda Review 2010 page 69" href="http://viewer.zmags.com/publication/f10ac42a?page=69"> Business Lines </a> <a title="Business Bermuda Review 2010 page 70" href="http://viewer.zmags.com/publication/f10ac42a?page=70"> Business Lines © Mark Tatem accompanied by equa</a> <a title="Business Bermuda Review 2010 page 71" href="http://viewer.zmags.com/publication/f10ac42a?page=71"> “Canopius is a well-established, management-owne</a> <a title="Business Bermuda Review 2010 page 72" href="http://viewer.zmags.com/publication/f10ac42a?page=72"> Business Lines Today, although d</a> <a title="Business Bermuda Review 2010 page 73" href="http://viewer.zmags.com/publication/f10ac42a?page=73"> :feki`Ylk`e^kfk_\jlZZ\jjf]9\idl[XËj `ek\ieXk`feXc</a> <a title="Business Bermuda Review 2010 page 74" href="http://viewer.zmags.com/publication/f10ac42a?page=74"> Business Lines </a> <a title="Business Bermuda Review 2010 page 75" href="http://viewer.zmags.com/publication/f10ac42a?page=75"> Business Lines Europe's enactment of its S</a> <a title="Business Bermuda Review 2010 page 76" href="http://viewer.zmags.com/publication/f10ac42a?page=76"> Business Lines European Parliament. </a> <a title="Business Bermuda Review 2010 page 77" href="http://viewer.zmags.com/publication/f10ac42a?page=77"> Business Lines © Mark Tatem Insuring day-to-day</a> <a title="Business Bermuda Review 2010 page 78" href="http://viewer.zmags.com/publication/f10ac42a?page=78"> Business Lines © Mark Tatem 76 ■ B 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href="http://viewer.zmags.com/publication/f10ac42a?page=85"> </a> <a title="Business Bermuda Review 2010 page 86" href="http://viewer.zmags.com/publication/f10ac42a?page=86"> Business Lines © Mark Tatem Bermuda's shipping </a> <a title="Business Bermuda Review 2010 page 87" href="http://viewer.zmags.com/publication/f10ac42a?page=87"> Business Lines Financial Responsibility </a> <a title="Business Bermuda Review 2010 page 88" href="http://viewer.zmags.com/publication/f10ac42a?page=88"> Business Lines </a> <a title="Business Bermuda Review 2010 page 89" href="http://viewer.zmags.com/publication/f10ac42a?page=89"> Business Lines Fly like you own it. Pay </a> <a title="Business Bermuda Review 2010 page 90" href="http://viewer.zmags.com/publication/f10ac42a?page=90"> Practical solutions tailored to specific business </a> <a title="Business Bermuda Review 2010 page 91" href="http://viewer.zmags.com/publication/f10ac42a?page=91"> Business Lines </a> <a title="Business Bermuda Review 2010 page 92" href="http://viewer.zmags.com/publication/f10ac42a?page=92"> Business Lines </a> <a title="Business Bermuda Review 2010 page 93" href="http://viewer.zmags.com/publication/f10ac42a?page=93"> Business Lines </a> <a title="Business Bermuda Review 2010 page 94" href="http://viewer.zmags.com/publication/f10ac42a?page=94"> </a> <a title="Business Bermuda Review 2010 page 95" href="http://viewer.zmags.com/publication/f10ac42a?page=95"> Business Lines </a> <a title="Business Bermuda Review 2010 page 96" href="http://viewer.zmags.com/publication/f10ac42a?page=96"> Business Lines On the roads,</a> <a title="Business Bermuda Review 2010 page 97" href="http://viewer.zmags.com/publication/f10ac42a?page=97"> Business Lines </a> <a title="Business Bermuda Review 2010 page 98" href="http://viewer.zmags.com/publication/f10ac42a?page=98"> GOVERNMENT OF BERMUDA Ministry of Energy,Telecomm</a> <a title="Business Bermuda Review 2010 page 99" href="http://viewer.zmags.com/publication/f10ac42a?page=99"> Business Lines Galileo satellite system. Cou</a> <a title="Business Bermuda Review 2010 page 100" href="http://viewer.zmags.com/publication/f10ac42a?page=100"> Business Lines </a> <a title="Business Bermuda Review 2010 page 101" href="http://viewer.zmags.com/publication/f10ac42a?page=101"> Business Lines systems. This is taking p</a> <a title="Business Bermuda Review 2010 page 102" href="http://viewer.zmags.com/publication/f10ac42a?page=102"> Education © Mark Tatem WorkReady: Preparing you</a> <a title="Business Bermuda Review 2010 page 103" href="http://viewer.zmags.com/publication/f10ac42a?page=103"> Education </a> <a title="Business Bermuda Review 2010 page 104" href="http://viewer.zmags.com/publication/f10ac42a?page=104"> Education © Mark Tatem Developing Bermudian tal</a> <a title="Business Bermuda Review 2010 page 105" href="http://viewer.zmags.com/publication/f10ac42a?page=105"> Education support, currently up to $25,0</a> <a title="Business Bermuda Review 2010 page 106" href="http://viewer.zmags.com/publication/f10ac42a?page=106"> Education </a> <a title="Business Bermuda Review 2010 page 107" href="http://viewer.zmags.com/publication/f10ac42a?page=107"> Education Right: Bacardi International Lim</a> <a title="Business Bermuda Review 2010 page 108" href="http://viewer.zmags.com/publication/f10ac42a?page=108"> Education </a> <a title="Business Bermuda Review 2010 page 109" href="http://viewer.zmags.com/publication/f10ac42a?page=109"> Education We hear repeatedly tha</a> <a title="Business Bermuda Review 2010 page 110" href="http://viewer.zmags.com/publication/f10ac42a?page=110"> Education </a> <a title="Business Bermuda Review 2010 page 111" href="http://viewer.zmags.com/publication/f10ac42a?page=111"> Education Left: Peter Griffiths and Kyle Mas</a> <a title="Business Bermuda Review 2010 page 112" href="http://viewer.zmags.com/publication/f10ac42a?page=112"> Education © Mark Tatem Winners all Business B</a> <a title="Business Bermuda Review 2010 page 113" href="http://viewer.zmags.com/publication/f10ac42a?page=113"> Education </a> <a title="Business Bermuda Review 2010 page 114" href="http://viewer.zmags.com/publication/f10ac42a?page=114"> Education © Mark Tatem The students' view Exc</a> <a title="Business Bermuda Review 2010 page 115" href="http://viewer.zmags.com/publication/f10ac42a?page=115"> Education Lezlie Bailey, Bermuda High Sch</a> <a title="Business Bermuda Review 2010 page 116" href="http://viewer.zmags.com/publication/f10ac42a?page=116"> Prominent Bermuda business leaders Bermuda's b</a> <a title="Business Bermuda Review 2010 page 117" href="http://viewer.zmags.com/publication/f10ac42a?page=117"> Business Leaders Philip </a> <a title="Business Bermuda Review 2010 page 118" href="http://viewer.zmags.com/publication/f10ac42a?page=118"> Business Leaders Stephen </a> <a title="Business Bermuda Review 2010 page 119" href="http://viewer.zmags.com/publication/f10ac42a?page=119"> Business Leaders Martin N. M. Gutterid</a> <a title="Business Bermuda Review 2010 page 120" href="http://viewer.zmags.com/publication/f10ac42a?page=120"> Business Leaders Tatsuhiko (Tats) Hosh</a> <a title="Business Bermuda Review 2010 page 121" href="http://viewer.zmags.com/publication/f10ac42a?page=121"> Business Leaders A. L.Vincent Ingham </a> <a title="Business Bermuda Review 2010 page 122" href="http://viewer.zmags.com/publication/f10ac42a?page=122"> Business Leaders A. Shaun </a> <a title="Business Bermuda Review 2010 page 123" href="http://viewer.zmags.com/publication/f10ac42a?page=123"> Business Leaders Susan J. Patschak C</a> <a title="Business Bermuda Review 2010 page 124" href="http://viewer.zmags.com/publication/f10ac42a?page=124"> Business Bermuda Members Business Bermuda</a> <a title="Business Bermuda Review 2010 page 125" href="http://viewer.zmags.com/publication/f10ac42a?page=125"> Business Bermuda Members Company Name </a> <a title="Business Bermuda Review 2010 page 126" href="http://viewer.zmags.com/publication/f10ac42a?page=126"> Index of Advertisers Index of Advertise</a> <a title="Business Bermuda Review 2010 page 127" href="http://viewer.zmags.com/publication/f10ac42a?page=127"> Our democracy has come a long way The Parliamenta</a> <a title="Business Bermuda Review 2010 page 128" href="http://viewer.zmags.com/publication/f10ac42a?page=128"> A Personal Approach </a>