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Sir Thomas Sutherland, GCMG (Chinese: 蘇石蘭 16 August 1834 – 1 January 1922) was a Scottish banker and politician, initially elected to represent the Liberal Party and then as a Liberal Unionist. He founded The Hongkong and Shanghai Banking Corporation which was the founding member of HSBC Group and directed the P&O Company.
In June 2006, The Economist stated that since the end of 2005 HSBC has been rated the largest banking group in the world by Tier 1 capital. [132] In June 2014 The Banker ranked HSBC first in Western Europe and 5th in the world for Tier 1 capital. [133] In February 2008, HSBC was named the world's most valuable banking brand by The Banker magazine.
Midland Bank was founded by Charles Geach, its first manager in Union Street, Birmingham, England, in August 1836. Geach had formerly worked at the Bank of England; he secured the business support and capital backing of leading merchants and manufacturers in Birmingham. [5]
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.
Hang Seng Bank Limited (Chinese: 恒生銀行有限公司) is a Hong Kong–based banking and financial services company with headquarters in Central, Hong Kong.It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank.
After the war, Saunders rejoined the bank in Singapore and was posted to Hong Kong in the early 1950s. He became Chief Accountant in 1955 and held a series of appointments in Hong Kong and Singapore, before becoming Chief Manager (the bank's most senior executive position) in 1962, succeeding Sir Michael Turner .
In 2004, HSBC USA sold two upstate New York branches to Gloversville-based City National Bank & Trust Co. [8] HSBC did not have enough nearby branches to give it economies of scale. In July 2011, the company sold its 195 branches in upstate New York to First Niagara Financial Group for $1 billion, effectively selling-off the core of the old ...
[5] [16] [18] The newer HSBC Tower (originally the Republic National Bank Tower), occupying much of the rest of the site, was designed by Attia & Perkins. [5] [19] [c] The Kress Building and another structure on 39th Street are also incorporated into the skyscraper. [6] [14] The building is 400 feet (120 m) tall, with 30 stories. [1] [2]