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The industry considered this move, giving HSBC a lead in the race to grab pieces of mainland China's banking market. A year earlier, HSBC had joined with Hong Kong's Shanghai Commercial Bank to purchase an 11% stake in Bank of Shanghai (HSBC paid US$62.6 million for an 8% stake) and US$733 million for a 10% stake in Ping An Insurance.
David Gordon Eldon CBE (Chinese: 艾爾敦, born 1945) is the former chairman of The Hongkong and Shanghai Banking Corporation Limited.He retired in May 2005, after spending 37 years with HSBC Group, but made a return to banking in 2011 as non-executive chairman of HSBC Bank Middle East Limited.
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
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PayMe (officially known as PayMe from HSBC) is a mobile payment service from HSBC, currently available only for Hong Kong users with local phone numbers and banks. Users can pay businesses, transfer money to one another using a mobile app , linked to their credit card or (any local) bank account.
Noel Paul Quinn (born 13 January 1962) is a British banking businessman who has been the chief executive (CEO) of HSBC since March 2020, having succeeded John Flint. [3] He initially assumed the role on an interim basis in August 2019.
Faster Payment System (FPS; Chinese: 快速支付系統, more commonly known as 轉數快) is a real-time gross settlement [1] payment system in Hong Kong that connects traditional banks and electronic payment and digital wallet operators. [2]
Hon. John Estmond Strickland, GBS, JP, the former chairman of the Hongkong and Shanghai Banking Corporation Ltd. (1996–1998) with responsibility for HSBC's operations in Asia Pacific, was a Hong Kong–based businessman and philanthropist. He joined HSBC in Hong Kong in 1970, and was in charge of IT development and strategy, globally, and ...