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The HSBC Business School also offers dual master's degree programs collaboratively with The University of Hong Kong [5] and Chinese University of Hong Kong. Beginning in the year 2013/2014, HSBC School of Business will also be offering a dual degree program in collaboration with the Risk Management Institute at the National University of Singapore.
In 2008, The Hongkong and Shanghai Banking Corporation merged its Pakistan banking business with HSBC Bank Middle East Limited. [23] Over the course of next 4 year, it expanded its operations to all major cities of Pakistan and operated as a full-service bank. At its peak, it had 12 offices, 24/7 telephone call centre, and HSBC Premier.
In May 2021, HSBC committed to end the financing of the coal industry, with a commitment to publish a new coal policy and provide further detail on its climate strategy by the end of 2021. [103] The organisation's "Thermal Coal Phase-Out Policy" was published in December 2021. [104] In August 2021, HSBC announced the acquisition of AXA Singapore.
In December 2021, the Financial Conduct Authority fined HSBC Bank plc £63.9m for "unacceptable failings" relating to its UK anti-money laundering operations. [31] The FCA said that HSBC's transactional monitoring systems "showed serious weaknesses over a period of eight years from 31 March 2010 to 31 March 2018."
HSBC Private Bank is the principal private banking business of the HSBC Group.HSBC Private Bank's holding company is HSBC Private Banking Holdings (Suisse) S.A..The holding company is wholly owned by British HSBC Bank plc and its subsidiaries include HSBC Private Bank (Suisse) S.A., HSBC Private Bank (UK) Limited, HSBC Private Bank (C.I.) Limited, HSBC Private Bank (Luxembourg) S.A., HSBC ...
HSBC Saudi Arabia Limited is a joint venture between The Saudi British Bank (SABB) and HSBC Holdings plc, [2] established in 2005, as a limited liability company headquartered in Riyadh, Saudi Arabia with a share capital of SAR 50 million (US$13.33 million).
HSBC Bank may refer to any one of the following principal local banks or divisions of the HSBC Group: Asia-Pacific. HSBC (Hong Kong) PayMe, its local payment service;
On March 28, 2003, HSBC acquired Household International, which was merged in 2005 with a subsidiary company that became the HSBC Finance Corp. Household International CEO William Aldinger became the highest-paid director in the United Kingdom before announcing his departure in February 2005. On March 2, 2009, HSBC chairman Stephen Green said ...