HSBC (Hong Kong)
The Hongkong and Shanghai Banking Corporation Limited (Chinese: 香港上海滙豐銀行有限公司), commonly known as HSBC and formerly known as HongkongBank (Chinese: 滙豐; Cantonese Yale: Wuihfūng; styled Wayfoong by the bank), is the Hong Kong-based Asia-Pacific subsidiary of the HSBC banking group, for which it was the parent entity until 1991. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
HSBC Main Building (HSBC headquarters), Central, Hong Kong | |
Trade name |
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Native name | 香港上海滙豐銀行有限公司 |
| Formerly | The Hongkong and Shanghai Bank |
| Company type | Public limited company (Origin: Body Corporate formed by Special Ordinance) |
| Industry | Financial services |
| Founded | 3 March 1865 in British Hong Kong Incorporated on 14 August 1866 |
| Founder | Sir Thomas Sutherland |
| Headquarters | HSBC Main Building, 1 Queen's Road Central, Central, Victoria City , Hong Kong |
Key people | Peter Wong (Chairman) David Liao (Co-CEO) Surendra Rosha (Co-CEO) |
| Products | Retail banking, commercial banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance |
Number of employees | 68,294 (2014) |
| Parent | HSBC |
| Subsidiaries |
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| Website | www |
| HSBC | |||||||||||||||
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| Traditional Chinese | 香港上海滙豐銀行有限公司 | ||||||||||||||
| Simplified Chinese | 香港上海汇丰银行有限公司 | ||||||||||||||
| Cantonese Yale | Heūnggóng Seuhnghói Wuihfūng ngànhòng yaúhhaahn gūngsī | ||||||||||||||
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| Alternative Chinese name | |||||||||||||||
| Traditional Chinese | 滙豐 | ||||||||||||||
| Simplified Chinese | 汇丰 | ||||||||||||||
| Cantonese Yale | Wuihfūng | ||||||||||||||
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The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's business ranges from the traditional High Street roles of retail banking, commercial banking, corporate banking to investment banking, private banking and global banking.