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The couple had two sons, and a daughter, Helen Christian Sutherland (1881–1965), known as an art patron; one of the sons, Eric Macnaught Sutherland, died in the Second Boer War, the other son, Thomas Leslie Macnaught Sutherland, died during World War I. In 1920, his wife Alice died.
In February 2008, HSBC was named the world's most valuable banking brand by The Banker magazine. [131] [132] HSBC has been audited by PwC, one of the Big Four auditors since 2015. [133] Despite being domiciled in the UK, HSBC generates around two-thirds of its profits in Asia, with China contributing 44% of the bank's profit in 2022. [134] [135]
Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC.The bank was founded as the Birmingham and Midland Bank in Union Street, Birmingham, England in August 1836.
HSBC Bank Egypt was established in 1982 as Hongkong Egyptian Bank with 40% HSBC ownership. In January 1994, the bank was renamed Egyptian British Bank under the same shareholding structure. The bank took the name HSBC Bank Egypt in April 2001 following an increase in shareholding by the HSBC Group's from 40% to 94.5% of its issued share capital .
HSBC has made significant contributions to the establishment of solid foundations for Thailand's financial and banking sectors. For example, in 1889 HSBC issued the first banknotes in Thailand. HSBC also issued the first foreign loan to the Thai government for its railroad construction project. HSBC's main branch office in Thailand is situated ...
Marine Midland was founded as Marine Bank, a state-chartered bank, on July 10, 1850, with capital of $170,000. It was founded by eight men from across New York—General James S. Wadsworth of Geneseo, J. P. Beekman of Kinderhook, New York, John Arnot of Elmira, John Magee and Constant Cook of Bath, William R. Gwinn of Medina, and George Palmer and James M. Ganson of Buffalo.
In 1898, Jardines and the Hongkong and Shanghai Banking Company (HSBC) founded the British and Chinese Corporation (BCC). The civil engineering partnership of John Wolfe-Barry and Arthur John Barry were appointed Joint Consulting Engineers to the British and Chinese Corporation. [70]
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;