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HSBC Bank USA, National Association, an American subsidiary of the British banking group HSBC, is a bank with its operational head office in New York City and its nominal head office in Tysons, Virginia (as designated on its charter).
HSBC UK Bank plc is a British multinational banking and financial services organisation based in Birmingham, England. It is a wholly owned subsidiary of the global HSBC banking and financial group, which has been headquartered in London since 1993.
HSBC announced, in December 2023, that it intended to move its head office from 8 Canada Square to 81 Newgate Street when the lease on the former building expires in 2027. [ 119 ] In 2024, HSBC, as part of the Hong Kong Association of Banks , began developing a roadmap to phase out cheques in the city and switch to electronic payments.
HSBC Brokerage expanded its office space at 452 Fifth Avenue in 2002, creating the HSBC Brokerage Center. [99] HSBC contemplated selling 452 Fifth Avenue in September 2008, [ 100 ] but the bank reneged on its plans the next month, when it received bids of between $400 and $500 million, well below its target of $600 million. [ 101 ]
HSBC's income statement on completion declared a gain of approximately £350million resulting from the transaction. [ 11 ] In December 2014, Qatar Investment Authority completed the purchase of the building at an undisclosed price, but the building was expected to fetch more than £1.1 billion (US$1.73 billion). [ 12 ]
HSBC Singapore branch head office located at Collyer Quay, Central Area, Singapore Marina Bay Financial Centre, which is new HSBC Singapore headquarter. In Singapore, The Hongkong and Shanghai Banking Corporation Limited operates as a full service bank with its headquarters in Collyer Quay. It opened its doors in December 1877.
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HSBC Bank Australia was granted a banking licence in 1986, although the bank had originally established an Australian presence as Hongkong Finance Ltd in 1964. [3] It is a foreign bank in Australia, offering a wide range of banking products and services to the retail, commercial, corporate and institutional sectors.