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Besides the $1 billion lending fund, HSBC also launched a $150 million venture debt fund dedicated to the Singapore market, to provide financing to companies in the city-state that are backed by ...
HONG KONG/LONDON (Reuters) -HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the ...
HSBC ceased banking operations in Nicaragua in 2009, [168] Georgia in 2011, [169] Slovakia in 2012, [170] and Palestine in 2015. [171] HSBC disposed of its 70.1% stake in the Dar Es Salaam Investment Bank, a bank based in Iraq, in 2013. [172] HSBC Bank (Turkey) transferred its operations in the Turkish Republic of Northern Cyprus to ALBANK in ...
In 2016, HSBC has created a locally incorporated bank in Singapore and has moved its retail and wealth business from HSBC Singapore Branch to the locally incorporated bank. [ 21 ] [ 22 ] Today, HSBC's flagship office remains at the original Collyer Quay site where its first branch was opened.
This came as a surprise after HSBC sold its branch network in Upstate New York in 2012 to First Niagara, KeyBank, Community Bank, N.A. and Five Star Bank. In January 2019, HSBC announced it would open two new branches in Western New York, as part of the bank’s initiative to open 50 branches in new and existing markets in the United States.
LONDON -- British banking leviathan HSBC Holdings continues to be stalked by bad news relating to trading improprieties. It was announced this week that authorities in Argentina are investigating ...
Sir Noel Paul Quinn (born 13 January 1962) is a British banking businessman who has been the chief executive (CEO) of HSBC since March 2020, having succeeded John Flint. [3] He initially assumed the role on an interim basis in August 2019.
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;