The Hongkong and Shanghai Banking Corporation

The Hongkong and Shanghai Banking Corporation

Hong Kong bank, subsidiary of HSBC
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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.

Trade name
  • HSBC
  • Hong Kong Bank
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Native name
香港上海滙豐銀行有限公司
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Formerly
The Hongkong and Shanghai Bank
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Type
Public Limited Company
(Origin: Body Corporate formed by Special Ordinance)
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Industry
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Founded
3 March 1865; 154 years ago (1865-03-03) in British Hong Kong
Incorporated on 14 August 1866; 153 years ago (1866-08-14)
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Founder
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Headquarters
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Key people
  • Noel Quinn (interim​ chairman)
  • Peter Wong (deputy chairman​ & CEO)
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Products
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Revenue
  • Increase HK$255.233 billion
  • $32,93 billion (2017)
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Operating income
  • Increase HK$100.939 billion
  • $13.02 billion (2017)
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Net income
  • Increase HK$96.018 billion
  • $12.39 billion (2017)
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Total assets
  • Increase HK$7.943 trillion
  • $1.025 trillion (2017)
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Total equity
  • Increase HK$752.986 billion
  • $97.2 billion (2017)
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Number of employees
68,294 (2014) Edit this on Wikidata
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Parent
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Subsidiaries
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Website
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