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It is located opposite the Angel of Independence, and is home to the around 2,800 HSBC Mexico staff. Construction was completed in 2006, at a cost of around US$ 150 million. There are 23 office floors and 12 parking levels in the 136-metre-high (446 ft) tower, which is one of the tallest in Mexico City.
HSBC's Mexico headquarters are at Torre HSBC on the Paseo de la Reforma near the Angel of Independence in Colonia Cuauhtémoc, Cuauhtémoc, Mexico City. [1] In July 2012, the US Senate accused HSBC of breaching safeguards that should have stopped the laundering of money from Mexico.
In 2004, HSBC USA sold two upstate New York branches to Gloversville-based City National Bank & Trust Co. [6] HSBC did not have enough nearby branches to give it economies of scale. In July 2011, the company sold its branches in upstate New York to First Niagara Financial Group for $1 billion, effectively selling-off the core of the old Marine ...
This is a list of banks in Mexico, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks". [ 1 ]
The new HSBC Private Client Services Group would serve the wealth and tax advisory needs of high-net-worth individuals. Then in August 2002 HSBC acquired Grupo Financiero Bital, SA de CV, Mexico's third largest retail bank for $1.1 billion. [35] In November 2002, HSBC expanded further in the United States.
Pages for logged out editors learn more. Contributions; Talk; HSBC México, S.A.
Retirement Funds Administrators (AFORE) (Spanish: Administradoras de Fondos para el Retiro) are companies authorized to manage Mexican individual retirement accounts as authorized by the Ministry of Finance and Public Credit of Mexico. They are structured as companies that manage these funds under strict regulations.
The data included information from a large number of HSBC Finance's subsidiary firms. [ 15 ] On 16 June 2016, HSBC Finance Corporation (HSBC Finance) has declared a settlement of a 14-year shareholder class case focused on incidents that happened until HSBC purchased Household International Inc. in 2003.