HSBC (Hong Kong)

The Hongkong and Shanghai Banking Corporation Limited
  • HSBC
  • HongkongBank
Native name
香港上海滙豐銀行有限公司
FormerlyThe Hongkong and Shanghai Bank
Company typePublic limited company
(Origin: Body Corporate formed by Special Ordinance)[1]
IndustryFinancial services
Founded3 March 1865; 159 years ago (1865-03-03) in British Hong Kong[2]
Incorporated on 14 August 1866; 158 years ago (1866-08-14)[3]
FounderSir Thomas Sutherland
HeadquartersHSBC Main Building, 1 Queen's Road Central, Central, ,
Hong Kong
Key people
Peter Wong
(Chairman)
David Liao
(Co-CEO)
Surendra Rosha
(Co-CEO)
ProductsRetail banking, commercial banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance
Number of employees
20,000 (2024) Edit this on Wikidata
ParentHSBC
Subsidiaries
Websitewww.hsbc.com.hk
HSBC
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 YaleHeūnggóng Seuhnghói Wuihfūng ngànhòng yaúhhaahn gūngsī
Transcriptions
Standard Mandarin
Hanyu PinyinXiānggǎng Shànghǎi Huìfēng Yínháng Yǒuxiàn gōngsī
Yue: Cantonese
Yale RomanizationHeūnggóng Seuhnghói Wuihfūng ngànhòng yaúhhaahn gūngsī
JyutpingHoeng1gong2 soeng6hoi2 wui6fung1 ngan4hong4 jau5haan6 gung1si1
IPA[hœ́ːŋ kɔ̌ːŋ sœ̀ːŋ hɔ̌ːy wùːy fóŋ ŋɐ̏n hɔ̏ːŋ jɐ̬u hàːn kóŋ síː]
Alternative Chinese name
Traditional Chinese滙豐
Simplified Chinese汇丰
Cantonese YaleWuihfūng
Transcriptions
Standard Mandarin
Hanyu PinyinHuìfēng
Yue: Cantonese
Yale RomanizationWuihfūng
Jyutpingwui6fung1
IPA[wùːy fóŋ]

The Hongkong and Shanghai Banking Corporation Limited (Chinese: 香港上海滙豐銀行有限公司), commonly abbreviated 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.

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. 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.

  1. ^ Hong Kong Companies Registry Company registry numbers: SO0000027 and 0263876.
  2. ^ "HSBC's history". HSBC Holdings plc. Archived from the original on 31 January 2013. Retrieved 4 September 2010.
  3. ^ "The Hongkong and Shanghai Bank Ordinance (Number 2 of 1866)". Legislative Council of Hong Kong (digitalised by the University of Hong Kong (Hongkong University Libraries)). Retrieved 21 June 2015.