Hingham Institution for Savings is a Massachusetts-chartered savings bank located in Hingham, Massachusetts. Incorporated in 1834, it is one of America’s oldest banks. The Bank maintains offices in Boston (South End and Beacon Hill), across the South Shore, and in Nantucket. The Bank also maintains an office in Washington, D.C., where it provides commercial mortgage lending and commercial cash management services, Commercial Real Estate Lending, Residential Mortgages, Personal Banking and Business Banking.
Hingham Institution for Savings - Recent News & Articles
More rich Americans are opening Swiss bank accounts fearing U.S. risks
Swiss banks say they have seen a surge of interest and business from high-net-worth Americans opening investment accounts in recent months. Switzerland’s neutral politics, stable economy, strong curre...
Japan inflation comes in at 3.6%, surpasses BOJ target for three straight years
Japan’s inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan’s 2% target. The data release comes as Japan is locked in ...
ECB to Cut Rates Again to Help Economy Weather Erratic U.S. Trade Policy
The European Central Bank is all but certain to cut interest rates for the seventh time in a year on Thursday, looking to prop up an already struggling economy that will take a large hit from U.S. tar...
Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth
Fed Chair Jerome Powell said Wednesday that the central bank could find itself in a dilemma between controlling inflation and supporting economic growth. “If that were to occur, we would consider how ...
America’s financial system came close to the brink
For a good few hours on April 9th, disaster beckoned. Share prices had been falling for weeks. Then the market for American Treasury bonds—normally among the safest assets available—started convulsing...
Bonds crater, 10-year yield spikes briefly above 4.5% in confounding move that’s worrying Wall Street
The bond market — not a plunging stock market — is the talk of Wall Street with prices tumbling and yields spiking, unusual action during times when fears of a recession are growing where fixed income...
Global bond rout starting to sound market alarm bells
U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday in a sign that investors were dumping their safest assets as turmoil unleashed by U.S. tari...
Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt.
The latest U.S. r...
JPMorgan becomes the first Wall Street bank to forecast a US recession following Trump's tariffs
JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy. The firm's chief US economist Michael Feroli sees a...
Dow Opens Sharply Lower, Bonds Rally After China Retaliates Against Trump Tariffs
China lashed back at President Trump’s tariffs, applying 34% levies on all imported goods from the U.S. Beijing said the levies would come into effect next Thursday, the day after a big part of Trump’...