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HSBC is one of the three commercial banks which are authorised to issue banknotes for Hong Kong - the other two being the Bank of China (Hong Kong) and Standard Chartered Bank (Hong Kong). [5] Of the total notes in circulation measured by value, HSBC is the most prolific issuer, its notes representing 67.7% of those in issue.
HSBC Private Bank is the principal private banking business of the HSBC Group.HSBC Private Bank's holding company is HSBC Private Banking Holdings (Suisse) S.A..The holding company is wholly owned by British HSBC Bank plc and its subsidiaries include HSBC Private Bank (Suisse) S.A., HSBC Private Bank (UK) Limited, HSBC Private Bank (C.I.) Limited, HSBC Private Bank (Luxembourg) S.A., HSBC ...
It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank. [2] Hang Seng Bank is a commercial bank whose major business activities include retail banking, wealth management, commercial banking, treasury services, and private banking. [2 ...
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...
Wardley House on the Hong Kong Praya (waterfront), where the bank had leased its first Hong Kong office in 1865 Former Shanghai Club building on No. 12 Bund, Shanghai, purchased by HSBC in 1874 and its Shanghai head office until reconstruction in the early 1920s The bank's first purpose-built head office building in Hong Kong (center right ...
HSBC is strengthening its digital banking capabilities to win over tech-savvy customers as it faces increasing competition from payment services providers and eight virtual banks in Hong Kong that ...
HSBC Private Bank; Others. Hang Seng Bank, a bank in Hong Kong that is majority-owned by HSBC; Banco Davivienda El Salvador, formerly HSBC El Salvador;
After the establishment of Hong Kong as a British colony in 1842, the territory witnessed the foundation of its modern banking system. [1] The Hongkong and Shanghai Banking Corporation (HSBC) was established in 1865, with the primary purpose of financing trade between China and Europe.