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A Hong Kong politician has urged HSBC spin off its Asia business and appoint representatives of Chinese insurer Ping An to its board, as the global lender prepares to meet with Hong Kong ...
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.
It had previously been speculated that HSBC might revive the Midland Bank name or use the first direct brand for its branch network. The new name was rolled out in 2018. [9] As part of setting up the new bank, a new board and legal structure was created. In November 2016, Clara Furse was named as the first Chairwoman of HSBC UK Bank plc. [10]
Hang Seng Bank Limited (Chinese: 恒生銀行有限公司) is a Hong Kong–based banking and financial services company with headquarters in Central, Hong Kong.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.
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The former co-chief executive of the world's biggest hedge fund and newly elected chairwoman of Finra, the US securities industry's self-regulatory arm, is joining HSBC's board as an independent ...
In May 1999, it launched text message banking, a service through which the bank alerts customers by SMS if the balance on their current account goes below a certain amount, and, if set, will send weekly mini statements also by SMS. The bank began limited trials of internet banking in July 1997, launching the service fully in August 2000.
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