HSBC

London banking giant

HSBC is a multinational bank headquartered in London, one of the world's largest financial institutions.

The initials stand for Hongkong and Shanghai Banking Corporation, reflecting its 1865 founding to finance trade between China and Europe.

The bank operates in retail, commercial, and investment banking across dozens of countries.

global

Shanghai

Chinese coastal financial center

international · Asia-Pacific · branches · network · presence · expansion · Americas · expatriate

banking

account

Record of dealings

checking · mortgage · loan · ATM · branch · teller · overdraft · statement · balance · credit

corporate

headquarters

Central command location

acquisition · governance · compliance · subsidiary · management · executive · restructuring · scandal · London · shareholder

investment

portfolio

Collected works or assets

brokerage · custody · research · trading · underwriting · IPO · advisory · institutional

history

1865

Civil War's conclusion year

Categories
Opposites
national/regional banking origin

HSBCJPMorgan Chase

Multinational banking corporation

Bank of America · Wells Fargo · US Bank · Citibank · Goldman Sachs

banking model

HSBCcommunity bank

Local financial institution serving area

credit union · cooperative bank · building society · regional bank · Vanguard

Familiarity
Top 500,000
Profile
Used worldwide · Concrete · Rated G