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Topic: Hong Kong and Shanghai Banking Corporation


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In the News (Sun 20 Dec 09)

  
  Hongkong and Shanghai Banking Corporation - Wikipedia, the free encyclopedia
The bank was incorporated in Hong Kong by special dispensation from the British Treasury in 1866, and under the Hongkong and Shanghai Bank Ordinance 1866, a new branch in Japan was also established.
The HSBC Hong Kong headquarters building was also home to HSBC Holdings plc's headquarters until the latter firm's move to 8 Canada Square, London in preparation for the transfer of the sovereignty of Hong Kong to the People's Republic of China.
The Hongkong and Shanghai Banking Corporation maintains a network of around 170 offices in 20 countries in Asia Pacific, as well as owning of a number of HSBC banks operating in various countries and holding the group's stakes in further lenders, particularly in mainland China.
en.wikipedia.org /wiki/Hongkong_and_Shanghai_Banking_Corporation   (1703 words)

  
 South Asians in Hong Kong - Wikipedia, the free encyclopedia
Nepalese people in Hong Kong are mainly the children of ex-Gurkhas born in Hong Kong during their parents' service with the British Army's Brigade of Gurkhas, which was based in Hong Kong from the 1970s until the handover.
The Sindhi community in Hong Kong are viewed as the wealthiest among the South Asian communities in Hong Kong, and have historically played an important role in trade, especially in import and export business with Africa and the Middle East.
Historically, they were one of the first group of Indians to settle in Hong Kong, prospering as traders, merchants, and opium shippers and as such the group now occupies a secure economic status.
en.wikipedia.org /wiki/South_Asians_in_Hong_Kong   (1504 words)

  
 Hong Kong
Hong Kong Island is on the southern side of the harbor facing Kowloon, and the Outlying Islands simply refers to any of the other 234 neighboring islands, many uninhabited.
Hong Kong was settled by Han Chinese during the seventh century, A.D. The first large migration from northern China to Hong Kong occurred during the Sung Dynasty (960-1279).
Hong Kong is the world's 11th largest trading economy, the world's 6th largest foreign exchange market, the world's 12th largest banking centre, and Asia's 2nd largest stock market.
facweb.furman.edu /~dstanford/tecon/95papers04/HongKong.htm   (932 words)

  
 PPT Slide   (Site not responding. Last check: 2007-10-10)
The Hong Kong and Shanghai Banking Corporation is almost as old as the colony of Hong Kong itself, has become a symbolic figure of Hong Kong’s world economy.
Changes in information technology, the speed of modern banking business and the enormous growth of funds and operations brought a decision by the bank’s board in 1978 to replace their old headquarters.
The key issue was the integration of a new generation of banking activities within the urban context of Hong Kong.
www.arch.wustl.edu /donnelly/347-F98/Hongkong_Bank/default.htm   (511 words)

  
 Travel Tips in Hong Kong Kong
Currencies in Hong Kong are co-issued by the SAR Government and three local banks under the supervision of the territory's de facto central bank, the Hong Kong Monetary Authority.
The Hong Kong Monetary Authority indicated this move is to narrow the gap between the interest rates in Hong Kong and those of the United States.
A further aim of allowing the Hong Kong Dollar to trade in a range is to avoid the HK dollar being used as a proxy for speculative bets on a Yuan (Renminbi) revaluation.
www.southtravels.com /asia/hongkong/traveltips/hk_currency.html   (1399 words)

  
 Will's Online World Paper Money Gallery - HONG KONG BANKNOTES   (Site not responding. Last check: 2007-10-10)
Although the Hong Kong dollar was withdrawn during the time of the occupation the people of Hong Kong hoarded their Hong Kong dollars.
Hong Kong chartered banks resumed issuing banknotes as they did before the war, and older notes issued before the war again valid legal tender.
Hong Kong coins are currently issued by the government and come in denominations of 10, 20, 50 cents, $1, $2, $5 and $10.
www.worldpapermoney.org /hongkong.htm   (715 words)

  
 Hong Kong and Shanghai Banking Corp. v. Simon (In re Simon)
Hong Kong-Shanghai did not file a proof of claim for Simon's guarantee of the Loan, nor did it object to the discharge of his debts.
Essentially, Hong KongShanghai sought a declaratory judgment pursuant to 28 U.S.C. S 2201(a) from the bankruptcy court that, while Simon's discharge and the injunction against Hong KongShanghai were effective within the United States, the discharge and injunction were not enforceable outside the United States.
Hong Kong-Shanghai disputes that its submission of a proof of claim should have any effect because the proof of claim was unrelated to the Loan, or Simon's guarantee of it.
pub.bna.com /lw/19980922/16859.htm   (3674 words)

  
 Asia Times Online - News from greater China; Hong Kong and Taiwan
HONG KONG - The lender formerly known as Hong Kong and Shanghai Banking Corporation started out financing trade between those two cities and rest of the world.
HSBC used to be called Hong Kong's unofficial central bank, and it remains one of three issuers of local currency, along with Standard Chartered and the Bank of China.
The Bank of China is a formidable rival for favor from both local Hong Kong officials and increasingly influential mainland authorities.
www.atimes.com /atimes/China/FH14Ad05.html   (1073 words)

  
 House of Lords - Societe Eram Shipping Company Limited (Respondents) and others v. Hong Kong and Shanghai Banking ...
Under the law and procedure of Hong Kong it was open to the judgment creditor to obtain such an order after applying to the Hong Kong court for registration and enforcement of the Brest judgment or after suing in Hong Kong on the judgment registered in the Queen's Bench Division.
The undisputed evidence was that under the law and procedure of Hong Kong a third party debt (or garnishee) order made in England did not have the effect of extinguishing the third party's (or garnishee's) Hong Kong debt to a judgment debtor in Hong Kong.
It is evident that the Hong Kong law and procedure (recorded in paragraph 8 above) which deny recognition to a third party debt or garnishee order made in England in relation to a debt sited in Hong Kong is not an unusual or idiosyncratic rule but one which reflects general international practice.
www.publications.parliament.uk /pa/ld200203/ldjudgmt/jd030612/soci-1.htm   (3232 words)

  
 Penang - Wikipedia, the free encyclopedia
The Penang Development Corporation (PDC) is the state development agency to develop, plan, implement and promote development projects in the form of socio-economic interests on behalf of the State Government of Penang.
Hong Kong and Shanghai Banking Corporation, now known as HSBC traced its history back to the opening of the first HSBC office in Penang in 1885.
The Dutch-based ABN AMRO Bank opened its first office in Penang in 1888 to cater to the financial requirements of the early European traders.
en.wikipedia.org /wiki/Penang   (5342 words)

  
 Alexander's Gas & Oil Connections - Hong Kong and Shanghai complement each other   (Site not responding. Last check: 2007-10-10)
June 2, 1997 Hong Kong and Shanghai are expected to shine together as international financial centres after China resumes the exercise of sovereignty over Hong Kong on July 1.
Hong Kong ranks the world's fifth in daily trading of foreign exchange and seventh in foreign exchange reserves and stock market.
Besides 16 Chinese banks, Shanghai, has branches of only 47 overseas banks, nine of which have just got approval for conditionally doing business in Renminbi currency in the Pudong New Area, says Wong.
www.gasandoil.com /goc/news/nts72503.htm   (189 words)

  
 IFC East Asia - Summary of Project Information
Hong Kong & Shanghai Banking Corporation Ltd. (HSBC) is the sponsor of the project and will act as the confirming bank.
HSBC was established in Hong Kong and Shanghai in 1865 and is the founding member of the HSBC Group, whose international network comprises some 6,500 offices in 78 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
Access to international partners is generally limited to the larger banks in the country and the facility is expected to bridge the gap that exists for smaller medium sized banks in this regard.
www.ifc.org /ifcext/eastasia.nsf/Content/SelectedProject?OpenDocument&UNID=4702C9A14CEF0D9885256B430062ECB5   (858 words)

  
 Eram Shipping Company Ltd & Ors v Hong Kong and Shanghai Banking Corporation Ltd [2003] UKHL 30 (12 June 2003)
Bankes LJ said that the debt owed by the London bank, being properly recoverable in England, was situated in England and therefore discharged by compliance with the garnishee order, not only as a matter of English law but under international law which it could be assumed would be applied in all other countries.
Banking is a highly regulated activity and each head office or branch has to comply with the laws of the jurisdiction in which it operates.
In the present case (and in the UBS ag case), the third party debtor is a bank and the debt (or alleged debt) is one owing by the bank to its customer (the judgment debtor) at a branch in another country.
www.hrothgar.co.uk /YAWS/reps/03l30.htm   (15060 words)

  
 Hong Kong Hotels Guide - information on hotels, maps, entertainment and activities
In Hong Kong, one of life's simple pleasures is taking a ride on the Star Ferry from Kowloon across Victoria Harbour to Hong Kong Island and back.
Dismantled in 1982, it was restored and reopened in the Stanley district of Hong Kong Island in 1999.
Hong Kong Cemetery, in Happy Valley, is one of Hong Kong's early Christian cemeteries from the colonial period.
www.hong-kong-hotels.ws /attrac.html   (2781 words)

  
 Finance - The Siemon Company
Hong Kong and Shanghai Banking Corporation is one of the largest banking and financial service institutions worldwide, with 6,500 offices in 78 countries.
HSBC Center is one of the worldwide business support centers built in Hong Kong by Hongkong and Shanghai Banking Corporation, consisting of the support service department (including credit card center, network support department, administrative department, technical support department, realty management department, securities investment department and the support departments of its subsidiaries).
The 5th to 17th floors of the Orient Building are used by the members as the office building, and the 7th and 8th are used as the trading hall.
www.siemon.com /sg/company/case_studies/global/finance.asp   (656 words)

  
 Hong Kong Bank   (Site not responding. Last check: 2007-10-10)
The Hong Kong and Shanghai Banking Corporation Limited's headquarters remains an icon for the "building as machine." And yet it is slowly being dwarfed by its neighbors.
Contemporary design in Hong Kong can be best described as "Eye Candy." It may look good for present taste, but after the pollution of the urban center attaches to the fassades they look dark and dingy.
The bank is a very good example of a building in which the fassade is an expression of the supporting structural elements.
darkwing.uoregon.edu /~struct/courseware/hk1/hk1_hkb/hkb.html   (583 words)

  
 essays research papers -- Intern
The HSBC Group is named after its founding member, The Hong Kong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China.
He realized that there was considerable demand for local banking facilities in Hong Kong and on the China coast and he helped to establish the bank which opened in Hong Kong in March 1865 and in Shanghai a month later.
In Japan, where a branch was established in 1866, the bank acted as adviser to the government on banking and currency.
www.123helpme.com /preview.asp?id=71740   (1673 words)

  
 Top 20 Encyclopedia
It is the largest bank in Hong Kong, and at the end of 2004 it was the third largest banking group in the world by Tier 1 capital [3].
After the acquisition of Republic National Bank in 1999, the head office of HSBC Bank USA moved from the HSBC Center in Buffalo to 452 Fifth Avenue, New York City — although the official headquarters are in Wilmington, Delaware.
It is incorporated in Hong Kong by special dispensation from the British Treasury under the Hongkong and Shanghai Bank Ordinance 1866.
encyc.connectonline.com /index.php/HSBC   (2121 words)

  
 Amazon.com: The History of the Hongkong and Shanghai Banking Corporation (History of the Hong Kong and Shanghai Banking ...   (Site not responding. Last check: 2007-10-10)
The Hongkong Bank's ability to redefine its role and continue a constructive policy in the East are the main themes of this volume.
During the Pacific War virtually all the Bank's branches in the East were overrun and the Bankers interned.
The History is based primarily on the Bank's Shanghai and London archives and on varied public and private papers.
amazon.com /History-Hongkong-Shanghai-Banking-Corporation/dp/0521327067   (934 words)

  
 Working in Hong Kong
They’re about the same size, but the Standard Chartered Bank’s twenty is in different colors and a very different pattern and typeface than the twenty from the Bank of China or the Hong Kong and Shanghai Banking Corporation.
In Hong Kong, there are 150,000 people who carry Canadian passports, and over 30,000 were born in Canada.
She was flying through Vancouver on her way back to Hong Kong, and she was at the airport on a four-hour layover.
www.pobronson.com /WSIDWML_Hong_Kong.htm   (2524 words)

  
 HSBC Chairman highlights Hong Kong advantages | China Focus
The retiring Chairman of The Hong Kong and Shanghai Banking Corporation, David Eldon had some light-hearted words to say on the advantages of doing business in Hong Kong when he addressed a Joint Chamber Lunch in The China Club.
Hong Kong should stop knocking itself and instead accentuate the positive, advised the Chairman of the second largest bank in the world.
Meanwhile, he noted that Hong Kong's lack of culture was being addressed by a wave on concerts and exhibitions such as the French Impressionists being sponsored by HSBC at the Modern Art Gallery.
www.ameinfo.com /55679.html   (661 words)

  
 Pollution Prevention & Energy Efficiency (P2E2) -- U.S. Commercial Service Hong Kong
Nine Hong Kong commercial banks are interested in supporting the P2E2 program: Bank of China (Hong Kong) Limited, Bank of East Asia, Citic Ka Wah Bank, Dah Sing Bank, DBS (Development Bank of Singapore), Hang Seng Bank, HSBC (Hong Kong and Shanghai Banking Corporation), Standard Chartered Bank, and United Commercial Bank.
Citic Ka Wah Bank is the first Mainland Chinese bank in Hong Kong to apply for a Master Guarantee Agreement with the U.S. Export-Import Bank.
Around a dozen Hong Kong-based EESCO's are pursuing P2E2 opportunities in Mainland China by performing technical assessments of Mainland Chinese end users' facilities and negotiating performance contracts in Hong Kong with the corporate parents or subsidiaries of these end users.
www.buyusa.gov /hongkong/en/about_p2e2.html   (752 words)

  
 Money Issued by Hong Kong Crown Colony   (Site not responding. Last check: 2007-10-10)
This One Hundred Dollar (Hong Kong Dollars) note issued by "The Hong Kong and Shanghai Banking Corporation "Promises to pay the bearer on demand at its offices here Ten Dollars By order of the Board of Directors." The note is signed in English by General Manager.
The back features two British Lions guarding the Bank's Corporate offices and a scene of a Pagoda.
I don't know what pagoda it is. The blank spot has a British Lion's head viewed only by holding it up to the light.
www.paulnoll.com /China/Money/money-Hong-Kong-100.html   (122 words)

  
 Hong Kong and Shanghai Banking Corporation Headquarters | Research & Development | Arup
Hong Kong and Shanghai Banking Corporation Headquarters
For its former Hong Kong headquarters building, the Hong Kong and Shanghai Bank required a steel structural corrosion protection system that would endure for up to 50 years with no need for maintenance.
This was an extremely high profile and prestigious building, and our materials specialists contributed throughout the design and construction phases, helping to control the budget and the programme through their innovative solution.
www.arup.com /ard/project.cfm?pageid=3298   (140 words)

  
 David Eldon, Chairman, Hong Kong and Shanghai Banking Corporation (tdctrade.com)
For the mainland, it is a continuation of the liberalisation and restructuring process which has been under way for more than two decades.
For Hong Kong, it means a well-timed economic boost.
Hong Kong people have the management, financial, technical and service skills to meet the needs of foreign companies wanting to do business in the mainland, and to help Chinese companies tap into the international marketplace
gbcode.tdctrade.com /gb/www.hktrader.net/100001/100001s29.htm   (115 words)

  
 THE HONGKONG AND SHANGHAI BANKING CORPORATION
For us ignorant laymen McHowat seems to be somewhat of an enigma, someone who wants his bank to succeed but not at the expense of either his staff or his customers.
And part of the reason the larger foreign companies bank with us is simply because they have a history of dealing with the HSBC elsewhere.
For example, HSBC Plc in the UK is the house bank for Tesco in Britain, so when that company chose to expand into Thailand and found us on their doorstep ready to provide them with similar types of services from a treasury perspective, we were obviously quite a welcome sight for them.
www.scottmurray.com /hongkong_and_shanghai_banking_co.htm   (2026 words)

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