Bermuda Monetary Authority (the Authority or BMA) is the sole regulator of Bermuda’s financial services sector. Established by statute in 1969, the authority supervises, regulates and inspects financial institutions operating within the jurisdiction. The authority develops risk-based financial regulations that it applies to the supervision of ... Bermuda Commercial Bank Limited (“BCB” or the “Bank”) began by an Act of Parliament in February 1969. In April 2010, the majority shareholding in the Bank was purchased by an investor group through Permanent Investments Limited. In October 2011, BCB expanded its trust and corporate administration services business through the ... Sale Of Bermuda Commercial Bank Announced. February 5, 2019. [Updated] Noting that it is subject to various regulatory approvals, Permanent Capital announced the purchase of Bermuda Commercial ...incorporated in Bermuda on December 13, 2000 with The Bank of Bermuda Limited as its sole member. On February 18, 2004, The Bank of Bermuda Limited was amalgamated to become a wholly owned subsidiary of HSBC Holdings plc and in May 2010, The Bank of Bermuda Limited changed its name to HSBC Bank Bermuda Limited (“HSBC Bermuda”).BANK OF N.T. BUTTERFIELD AND SON LIMITED, THE SWIFT Code Details. A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Bank code A-Z 4 letters representing the bank. It usually looks like a shortened version of that bank's name. Country code A-Z 2 letters representing … JavaScript must be enabled in order for you to use the application. However, it seems JavaScript is either disabled or not supported by your browser. To use the application, enabl In November 2020, Bank of Bermuda Foundation changed its name to Centennial Bermuda Foundation (the name emanating from the historical trust), to identify clearly as an independent foundation, not affiliated with any banking institution. Governance. The Board is appointed by a committee of current and former Board …Currently there are 5 credit institutions operating in Bermuda. In 2021 consolidated banking assets in Bermuda were 26,786.57 mln USD. The consolidated banking assets' evolution is shown at Chart 1 below. Chart 1. Consolidated banking assets in Bermuda. Recent structural changes (2013 - 2022) of the banking sector of Bermuda are summarised in ...SWIFT Codes & BIC Codes for Banks in Bermuda. The downside of international transfers with your bank. When you send or receive money using your bank, you might lose out on a bad exchange rate and pay hidden fees as a result.Bin Check offers many free tools such BIN checker, IP/BIN checker, Geolocation, etc. Also, we offer API services that can be integrated easily.The Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector. Visit the Bermuda Monetary Authority website. What do they do ... JavaScript must be enabled in order for you to use the application. However, it seems JavaScript is either disabled or not supported by your browser. To use the application, enabl Our Midtown Plaza Banking Centre will be this Saturday from 9:00 a.m. until 12:00 p.m. and otherwise all Banking Centres will reopen on Tuesday, 24 January 2023, with normal operating hours of 9:00 a.m. - 4:00 p.m. You can continue to access your accounts during the public holiday by using our Butterfield Online, ATM and mobile banking devices. Béchar, town, western Algeria. It lies in the northern reaches of the Sahara, 36 miles (58 km) south of the border with Morocco. The town is named for nearby Mount Béchar, …Written by Shruti Khairnar. 14th June 2022. Jewel Bank, Bermuda’s first digital asset bank, has been launched in the country with core banking, lending, custody, fiat ramps and stablecoin offerings via API. Jewel is Bermuda’s first digital asset bank. BitBull Capital invested an undisclosed amount in Jewel Bank’s Series A round in 2022.In the realm of offshore banking, Bermuda gives you the best of both worlds. It has many of the classic benefits of offshore banking jurisdictions without the bad reputation or shady actors, and there are plenty of …The Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector. Visit the Bermuda Monetary Authority website. What do they do ...Most individuals and businesses today have some type of banking account. Having a trusted financial service provider is important as it is a safe place to hold and withdraw earned ...SWIFT code: BBDAHKHXXXX. HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED THE - FUND SERVICES (FORMERLY BANK OF BERMUDA LTD HK in HONG KONG. Swift codes. Business Identifier Codes (BIC codes) for thousands of banks and financial institutions in more than 210 countries.Nov 16, 2020 · The Bank of Bermuda Foundation has changed its name to the Centennial Bermuda Foundation and introduced a new logo. Tom Conyers, the chairman of the foundation, said the new name helped Centennial ... Butterfield Bank. Butterfield, officially The Bank of N. T. Butterfield & Son Limited, is a bank founded and based in Bermuda. It provides services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where its principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where it offers ...Bank of Bermuda customers, it continues, cannot make deposits to their accounts through the New York Bank and that entity cannot make loan commitments or advances on behalf of Bank of Bermuda. The district court resolved this jurisdictional dispute in a memorandum opinion and order dated February 16, 1994.May 18, 2023 · The Banking Centre features ten teller stations, including two exclusively for seniors, plus two stations for card services and dedicated spaces for serving premium and private banking clients ... Bermuda Pedestal. The Bermuda Pedestal is an oval geological feature in the northern Atlantic Ocean containing the topographic highs of the Bermuda Platform, the Plantagenet (Argus) Bank, and the Challenger Bank. The pedestal is 50 km (31 mi) long and 25 km (16 mi) wide at the 100 fathom line (-185 m), while the base …ˆˆ bermuda national trust 1505-1684 From Discovery to the End of the Bermuda Company As far as we know, Venturilla was the first black man to set foot on the islands of Bermuda. He was working on a Spanish ship commanded by Diego Ramirez in 1603 when it was shipwrecked on Bermuda. The crew needed wood for repairsBanking. Supervision and Regulation; Basel III; Licensing; Credit Unions. Supervision and Regulation; Licensing; Corporate Service Providers. Supervision and Regulation; ... Bermuda Monetary Authority BMA House 43 Victoria Street Hamilton HM12 Mailing Address. P.O. Box 2447 Hamilton HM JX Bermuda ...within the Bank of Bermuda group, which was acquired by HSBC Bank plc in 2004. 5. On 21 December 1993, the second respondent, HSBC Securities Services (Luxembourg) SA (“HSBC”), was appointed as Primeo’s custodian and initially as its administrator. The custodian and administrator agreements entered into on 21 DecemberSale Of Bermuda Commercial Bank Announced. February 5, 2019. [Updated] Noting that it is subject to various regulatory approvals, Permanent Capital announced the purchase of Bermuda Commercial ... He was previously Chief Financial Officer at HSBC Bank Bermuda. Mr. Schrum has more than 25 years of financial services experience in London, New York and Bermuda, mainly in banking, insurance and tax. He joined HSBC Bermuda in 2001 and held progressively more senior positions within the bank’s Commercial Banking, Strategy, and Finance divisions. Bermuda The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education … Here are four of the best reasons to open a bank account in Bermuda. Tax Benefits. One of the top reasons to open a bank account in Bermuda is that it’s an incredibly tax-friendly jurisdiction. Because Bermuda doesn’t tax business profits, capital gains, or most other forms of income, a Bermuda bank account can be helpful in your tax planning. Provides retail banking and full international business services. Bermuda Commercial Bank Ltd. Incorporated in 1969, then as Bermuda Provident Bank Limited. Its name was changed in 1984. It has about 63 employees. Its majority non Bermudian shareholder is First Curacao International Bank NV, which acquired the bank in May 1993 from Barclay's …HBBM is subject to a capital surcharge in the range of 0.5% to 3%, based on its systemic importance to Bermuda's economy and banking sector. As of Dec. 31, 2019, HBBM's Common Equity Tier 1 (CET 1) and total capital ratios were 23.8% and 23.9%, respectively. We believe that the bank's CET 1 ratio could rise in 2020 from 2019 should RWA reduce.1 Bank of Bermuda. 2 BERMUDA COMMERCIAL Bank LIMITED. 3 Bermuda Monetary Authority. 4 Butterfield Bank. 5 Independent Financial Services. 6 Just Mutual (Funds) Bermuda Limited. 7 Lombard Odier Darier Hentsch Trust (Bermuda) Ltd. 8 Schroder International Trust Company Limited. 9 The Bank of N. T. …Sep 11, 2023 · The complete list of banks in Bermuda includes only four financial institutions, including Butterfield (The Bank of N.T. Butterfield & Son Limited), HSBC (HSBC Bank Bermuda Limited), Clarien (Clarien Bank Limited), and BCB (Bermuda Commercial Bank Limited). It’s important to carefully assess each bank’s preferences and account opening ... Bermuda (/ b ər ˈ m j uː d ə /; historically known as Las Bermudas or Las Islas Bermudas) is a British Overseas Territory in the North Atlantic Ocean.The closest land outside the territory is in the American state of North Carolina, about 1,035 km (643 mi) to the west-northwest.. Bermuda is an archipelago consisting of 181 islands, although the most significant …Sep 11, 2023 · The official currency of Bermuda is the Bermudian Dollar (BMD). The Bermudian Dollar is pegged at par value with the United States Dollar (USD). BY GlobalBanks. Updated Sep 11, 2023. The official currency of Bermuda is the Bermudian Dollar, which is pegged to the United States Dollars at a rate of 1:1. The Bermudian Dollar is available in both ... Béchar, town, western Algeria. It lies in the northern reaches of the Sahara, 36 miles (58 km) south of the border with Morocco. The town is named for nearby Mount Béchar, …Butterfield offers a complete range of community banking services in Bermuda and the Cayman Islands, private and intermediary banking in Guernsey, and specialist banking for financial intermediaries in Jersey. You are currently in Global. Our banking services are available in Bermuda, Cayman Islands, Guernsey and Jersey. Choose the country you ...Downloading our banking app is the quickest and easiest way to register for digital banking. Visit this page to download our mobile app today. Introducing ... Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, ...Bermuda Monetary Authority (the Authority or BMA) is the sole regulator of Bermuda’s financial services sector. Established by statute in 1969, the authority supervises, regulates and inspects financial institutions operating within the jurisdiction. The authority develops risk-based financial regulations that it applies to the supervision of ...Bermuda Monetary Authority. The Bermuda Monetary Authority (the Authority) is the integrated regulator of the financial services sector in Bermuda.It is not a central bank, and does not provide lender of last resort facilities.. Established under the Bermuda Monetary Authority Act 1969, the Authority supervises, regulates and inspects financial institutions …Looking to open a bank account in Illinois? You have several great options, but it can be hard to figure out the best. At SmartAsset we did the work for you and rounded up the best...Bermuda Commercial Bank. Bermuda Monetary Authority. Butterfield Bank.Water is a source of life; it is an essential element for the monitoring of living beings. Freshwater sources are very unequally distributed and represent only about …Ian Truran – Director and Chief Executive Officer. Ian serves as Chief Executive Officer of Clarien Bank Limited, having been previously appointed President and CEO of Capital G Bank in May 2010, prior to the Bank’s rebranding as Clarien. Ian is a Director of the Bank and serves as Chair of the Clarien subsidiaries. Ian has worked in the ...⁕Gwyneth Dorothea Lucille Butterfield, née Brown, a founding member of the Bermuda Professional Women’s Association and the first Black woman to be a director of a Bermuda bank, was born ...Unlike a number of other banking jurisdictions, Bermuda has strong banking regulations and a number of non-resident banking options to choose from. Bermudan banks typically require account opening deposits between USD 250,000 to USD 1,000,000, depending on the bank’s assessment of the client profile, the desired …Centennial Bermuda Foundation (previously known as Bank of Bermuda Foundation) evolved from the consolidation of the former Bank of Bermuda Limited’s (the “Bank”) …Bermuda Bermuda Supreme Court Civil Courts Documents March 16, 1992 Llewellyn Peniston The Bank of Bermuda Limited vs. Llewellyn Peniston – Bermuda Supreme CourtThe Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector. Visit the Bermuda Monetary Authority website. What do they do ...Bin Check offers many free tools such BIN checker, IP/BIN checker, Geolocation, etc. Also, we offer API services that can be integrated easily.Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues.Apr 20, 2022 · HSBC Bank Bermuda Limited (formerly Bank of Bermuda Limited) is a leading provider of financial services in Bermuda, serving individuals, institutions and corporations locally and globally. The Bank provides a wide range of financial products and services including savings accounts, foreign transfers, personal loans, education loans, credit and ... Bank of Bermuda. Finance Bermuda. Download the vector logo of the Bank of Bermuda brand designed by in Encapsulated PostScript (EPS) format. The current status of the logo is active, which means the logo is currently in use. Website:Our Midtown Plaza Banking Centre will be this Saturday from 9:00 a.m. until 12:00 p.m. and otherwise all Banking Centres will reopen on Tuesday, 24 January 2023, with normal operating hours of 9:00 a.m. - 4:00 p.m. You can continue to access your accounts during the public holiday by using our Butterfield Online, ATM and mobile banking devices.4. 1.98 %. 2019. 4. 1.92 %. 2018. 4. 2.34 %. TheBanks.eu identified several banks banks having the market shares and ranks closest to Bermuda Commercial Bank Limited listed below.Our Midtown Plaza Banking Centre will be this Saturday from 9:00 a.m. until 12:00 p.m. and otherwise all Banking Centres will reopen on Tuesday, 24 January 2023, with normal operating hours of 9:00 a.m. - 4:00 p.m. You can continue to access your accounts during the public holiday by using our Butterfield Online, ATM and mobile banking devices.Butterfield offers a complete range of community banking services in Bermuda and the Cayman Islands, private and intermediary banking in Guernsey, and specialist banking for financial intermediaries in Jersey. You are currently in Global. Our banking services are available in Bermuda, Cayman Islands, Guernsey and Jersey. Choose the country you ...To most people, the process of opening a bank account can be intimidating and tiresome. However, this doesn’t have to be the case, especially if you are aware of the basic banking ...Clarien Bank has donated a total of $85,000 to five Bermuda charities as part of the Bank’s annual giving programme…. 10-05-2018. Read More. Clarien Bank donates $5,000 to Flora Duffy Fund. Clarien Bank Limited (“Clarien”, “the Bank”) is pleased to announce that it has made a $5,000 donation to The Flora…. 06-25-2018.You can contact Bank of Butterfield by phone using number (441) 234-0048. Bank of Butterfield is located at 45 Road, MA02, Somerset Village, Bermuda.Our Midtown Plaza Banking Centre will be this Saturday from 9:00 a.m. until 12:00 p.m. and otherwise all Banking Centres will reopen on Tuesday, 24 January 2023, with normal operating hours of 9:00 a.m. - 4:00 p.m. You can continue to access your accounts during the public holiday by using our Butterfield Online, ATM and mobile banking devices.Mar 9, 2022 ... The BMA adopts the Basel III regulatory minimum capital levels as follows: a) CET1 must be at least 4.5% of RWA at all times; b) Tier 1 capital ...To most people, the process of opening a bank account can be intimidating and tiresome. However, this doesn’t have to be the case, especially if you are aware of the basic banking ...Accounts in Bermuda can be opened online, over the phone, or in-person. In addition to this, you will be asked for proof of identity, which will be verified before you can open the account. Accepted forms of identification include: Once your paperwork is submitted, you’ll need to make a deposit into the bank account.Unlike a number of other banking jurisdictions, Bermuda has strong banking regulations and a number of non-resident banking options to choose from. Bermudan banks typically require account opening deposits between USD 250,000 to USD 1,000,000, depending on the bank’s assessment of the client profile, the desired …Bank-to-bank information fields should not be used to identify the various parties in a payment. These instructions are standard international payment instructions that should be easily understood by the remitting bank. Failure of a bank to format the payment correctly may result in delays beyond HSBC Bermuda control.Brown patch is a common fungus disease on lawns and can spread quickly after they initially appear. Bermuda grass can turn brown when night temperatures exceed 68 degrees Fahrenhei...BERMUDA Banks List. When you visit or interact with our sites, services or tools, we or our authorized service providers may use cookies for storing information to help provide you with a better, faster and safer experience and for marketing purposes. Our Midtown Plaza Banking Centre will be this Saturday from 9:00 a.m. until 12:00 p.m. and otherwise all Banking Centres will reopen on Tuesday, 24 January 2023, with normal operating hours of 9:00 a.m. - 4:00 p.m. You can continue to access your accounts during the public holiday by using our Butterfield Online, ATM and mobile banking devices. The bank's S&P Global Ratings RAC ratio was 22.5% at year-end 2020, by our calculation, which is well above our very strong threshold of 15%. HBBM is subject to a capital surcharge in the range of 0.5% to 3%, based on its systemic importance to Bermuda's economy and banking sector.Mar 8, 2015 · 22 January 2024 The Bermuda Monetary Authority Publishes Its... 14 March 2024 The Bermuda Monetary Authority Collaborates w... 8 March 2024 Bermuda Monetary Authority Celebrates Interna... The BMA regulates & inspects Bermuda’s financial institutions, issues currency, manages exchange control transactions & advises Bermuda’s Government on ... Koehler served the petition upon an officer of the Bank of Bermuda (New York) Limited, which he claimed to be a New York subsidiary and agent of BBL. On October 29, 1993, the District Court ordered BBL to deliver the stock certificates, or monies sufficient to pay the judgment, to Koehler. It is this turnover order that is the subject of the ...Make banking from work, home or even abroad simpler with our 24-hour automated phone banking services. Introducing... payment alerts ... Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Bank code A-Z 4 letters representing the bank. It usually looks like a shortened version of that bank's name. Country code A-Z 2 letters representing the country the bank is in. Location code 0-9 A-Z 2 characters made up of letters or numbers.Dec 4, 1996 · (New York Bank or BBNY), by personally serving an officer of the New York Bank. Bank of Bermuda appeared specially to move to dismiss on the grounds that (1) Bank of Bermuda does not do business in New York within the scope of New York's CPLR 301 and therefore is not subject to the federal court's jurisdiction here and (2) its indirect ... The benefits of opening a bank account in Bermuda as a foreign non-resident or for a foreign non-resident entity, include access to reputable international banks, sophisticated banking services, remote opening and management, and high-caliber administrative services (e.g. trust administration).. In this article, we’ll be …Bermuda Commercial Bank Limited is the 4th largest bank in Bermuda in terms of total assets. In 2022 its total assets were 587,21 mln USD, providing the bank with the market share of 2.27%. In 2022 the bank's net income was -14,76 mln USD.HSBC Bank Bermuda | Hamilton Update: 2022-04-20 HSBC Bank Bermuda Limited (formerly Bank of Bermuda Limited) is a leading provider of financial services in Bermuda, serving individuals, institutions and corporations locally and globally. The Bank provides a wide range of financial products and …Sep 11, 2023 · The complete list of banks in Bermuda includes only four financial institutions, including Butterfield (The Bank of N.T. Butterfield & Son Limited), HSBC (HSBC Bank Bermuda Limited), Clarien (Clarien Bank Limited), and BCB (Bermuda Commercial Bank Limited). It’s important to carefully assess each bank’s preferences and account opening ... Nov 3, 2020 ... It is designed to highlight how improvements in current health and education outcomes shape the productivity of the next generation of workers, ...Sep 13, 2023 · Bermuda banking and financial services primarily cater to high-net-worth individuals seeking private banking and wealth management services as well as large corporate clients, including commercial entities, insurance companies, and investment funds. That said, retail and local business banking are available to local residents and businesses. In the mid-1970’s the Bank of Bermuda Limited began offering scholarships to Bermudian students. The scholarships were traditionally named in honour of those who held positions of leadership within the Bank, and were directed to students based on academic accomplishments, as well as involvement in extracurricular activities. Download the new HSBC Bermuda app today to enjoy the freedom of banking on the go! This App is designed for use in Bermuda. The products and services represented within this App are intended for Bermuda customers. This App is provided by HSBC Bank Bermuda Limited ('HSBC Bermuda') for the use of existing customers of HSBC Bermuda. Koehler served the petition upon an officer of the Bank of Bermuda (New York) Limited, which he claimed to be a New York subsidiary and agent of BBL. On October 29, 1993, the District Court ordered BBL to deliver the stock certificates, or monies sufficient to pay the judgment, to Koehler. It is this turnover order that is the subject of the ...Address and Contacts. HSBC Bank Bermuda Limited (Formerly Bank of Bermuda) Head Office: 6 Front Street, Hamilton HM 11, Bermuda. There are several branches in Bermuda. Phone: 441/295-4000 Fax: 295 … Our Midtown Plaza Banking Centre will be this Saturday from 9:00 a.m. until 12:00 p.m. and otherwise all Banking Centres will reopen on Tuesday, 24 January 2023, with normal operating hours of 9:00 a.m. - 4:00 p.m. You can continue to access your accounts during the public holiday by using our Butterfield Online, ATM and mobile banking devices. In the realm of offshore banking, Bermuda gives you the best of both worlds. It has many of the classic benefits of offshore banking jurisdictions without the bad reputation or shady actors, and there are plenty of …Submit your request for a loan using our Loan Request Form. BCB’s Branch is open for walk in banking services between 9am to 12noon. All other services are available from 9am-5pm by appointment. Please email [email protected] or contact your Relationship Manager, 24 hours in advance. Bermuda Commercial Bank Limited.
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The Bermuda Monetary Authority (BMA) regulates Bermuda's financial services sector. Visit the Bermuda Monetary Authority website. What do they do ... Clarien Bank is proudly the largest Bermudian independent, privately-owned integrated financial services organisation. We provide personal and commercial banking, private banking, and corporate banking to individuals, families, and institutions in Bermuda and worldwide. We offer a full range of wealth management services centred on wealth ... HSBC Bank Bermuda Limited (formerly Bank of Bermuda Limited) is a leading provider of financial services in Bermuda, serving individuals, institutions and corporations locally and globally. The Bank provides a wide range of financial products and services including savings accounts, foreign transfers, personal …Da Costa, J.A. 1. Mr. Arnold Todd (“Mr. Todd”) was employed by the Bank of Bermuda (“The Bank”) as the Bank's Manager of Personal Banking, with responsibility for the Bank's Credit Department. While so employed, Mr. Todd appears to have managed to amass a considerable fortune largely through investments in real estate. 2.Banking. You are currently in Bermuda. Our banking services are also available in Cayman Islands, Guernsey, Jersey. With the right advice and the right resources, you can reach whatever goals you set your sights on. Discover our range of saving and spending solutions and learn about our bespoke approach to lending.Bermuda banking and financial services are suitable for individuals seeking private banking and wealth management and large companies in need of international …Mar 8, 2015 · 22 January 2024 The Bermuda Monetary Authority Publishes Its... 14 March 2024 The Bermuda Monetary Authority Collaborates w... 8 March 2024 Bermuda Monetary Authority Celebrates Interna... The BMA regulates & inspects Bermuda’s financial institutions, issues currency, manages exchange control transactions & advises Bermuda’s Government on ... Branch and ATM Locator. HSBC branches can be found at five locations island-wide. Our friendly staff are there to assist you with your more extensive banking needs. Our ATMs can be found in many convenient locations across the island with several accessible 24 hours a day, 7 days a week. Simply enter your address to pinpoint your nearest branch ... When it comes to opening a bank account, students look for minimum fees, account flexibility and accessibility. Despite the many available options, not all student bank accounts co...Bermuda Bermuda Supreme Court Civil Courts Documents April 26, 1993 Jefferson Colby Sousa The Bank of Bermuda Limited vs. Jefferson Colby Sousa – Bermuda Supreme Court In the mid-1970’s the Bank of Bermuda Limited began offering scholarships to Bermudian students. The scholarships were traditionally named in honour of those who held positions of leadership within the Bank, and were directed to students based on academic accomplishments, as well as involvement in extracurricular activities. Bermuda's largest bank, the Bank of Bermuda, has approved a takeover bid by multi-national bank HSBC Holdings Plc - the world's second largest bank by market value - for $1.3 billion..