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Topic: The Hongkong and Shanghai Banking Corporation


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In the News (Wed 2 Dec 09)

  
  HONGKONG AND SHANGHAI BANKING CORPORATION ----- Siam Future Development Co.,Ltd.
After 110 years, Hong Kong Bank, as it is known, is the flagship of the HSBC Group, one of the world's largest financial services organizations.
While personal banking is expected to remain subdued because of the economy, Hong Kong Bank has seen increases on the corporate side, picking up multinational clients amid turmoil in the local banking community.
Booker said chances were high that HSBC Finance would be downsized, to eliminate any overlap with the main bank in services such as mortgage and corporate lending.
www.siamfuture.com /WorldInThai/hkbank.asp   (1023 words)

  
 Hongkong and Shanghai Banking Corporation - Wikipedia, the free encyclopedia
In 1980, the bank, now under the chairmanship of Michael Sandberg acquired a 51 per cent stake in Marine Midland Bank, of the United States of America, and continued its expansion with the establishment of The Hongkong Bank of Australia Limited in 1986.
HSBC's Hong Kong headquarters are at 1 Queen's Road Central in the Central area on Hong Kong Island.
Although the name of Hongkong was changed to Hong Kong by Hong Kong Government on September 3, 1926, HSBC uses the older Hongkong, as the bank's name was conceived before the official declaration of the modern two-word name, and it was decided to retain the single word spelling in the Bank's name: Hongkong.
en.wikipedia.org /wiki/Hongkong_and_Shanghai_Banking_Corporation   (1703 words)

  
 HSBC Czech Republic
HSBC Bank plc opened its Prague Branch in May 1997 and provides a range of wholesale banking services focusing on top-tier companies and a range of personal investment products for individuals.
The HSBC Group is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in March 1865 to finance the growing trade between China and Europe.
In 1981 The Hongkong Bank of Canada was established followed b y The Hongkong Bank of Australia Limited in 1986.
www.hsbc.cz /about.htm   (431 words)

  
 Hongkong&Shanghai Bk Statement
RNS Number:1053A HSBC Holdings PLC 24 June 2004 STATEMENT The Hongkong and Shanghai Banking Corporation Limited has confirmed it is in discussions to acquire 19.9 per cent of Bank of Communications Limited.
HSBC has the largest branch network among foreign banks in mainland China, comprising nine branches in Beijing, Dalian, Guangzhou, Qingdao, Shanghai, Shenzhen, Tianjin, Wuhan and Xiamen, two sub-branches in Puxi, Shanghai, and representative offices in Chengdu and Chongqing.
The HSBC Group The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings plc, and a member of the HSBC Group.
www.advfn.com /news_statement_8012693.html   (349 words)

  
 Hong Kong HSBC | Hongkong and Shanghai Banking Corporation Limited
HSBC is short for Hongkong and Shanghai Banking Corporation Limited; also written as The Hongkong and Shanghai Banking Corporation Limited.
The bank was later incorporated in Hong Kong by special dispensation from the British Treasury in 1866.
The brand HSBC began from the late 1980s and early 1990s although locally the bank was known by the name Hongkong.
www.china-hongkong-travelguide.com /hong-kong-hsbc.html   (855 words)

  
 Global Payments Inc.
The Hongkong and Shanghai Banking Corporation is the founding member of the HSBC Group, one of the largest financial services institutions in the world, with assets of approximately US$1,467 billion and over 9,700 offices in 77 countries and territories.
In the Asia-Pacific region, the bank has payment processing operations in ten countries and territories to be included in the joint venture, which are Brunei, the Hong Kong SAR (Special Administrative Region), India, the Macau SAR, mainland China, Malaysia, Maldives, Singapore, Sri Lanka and Taiwan.
HSBC will control the remaining 44 percent and will contribute its existing Asia-Pacific merchant acquiring channel in ten countries and territories to the joint venture.
www.globalpaymentsinc.com /about/news/NewsItem.asp?newsid=238   (1436 words)

  
 Emerging Markets Economy - the latest developments in the Financial Markets, Industry, Technology & - Rating of ...
In line with this rating action, the bank\'s foreign currency issuer rating, local currency long-term deposit rating and long-term debt ratings were upgraded to \"Aa2\" from \"Aa3\", and its foreign currency subordinated debt rating to \"Aa3\" from \"A1\".
The bank has been and should continue to be further strengthened by the support of its ultimate parent, HSBC (Aa2/P-1).
The Hongkong and Shanghai Banking Corporation Limited, headquartered in Hong Kong Special Administrative Region, is a wholly owned subsidiary of UK-based HSBC Holdings PLC.
www.emeconomy.com /96874-Rating_of_Hongkong_and_Shanghai_Banking_Corporation.htm   (633 words)

  
 The Global Leader in News Distribution
She joined HSBC in November 2002 as Vice-chairman and Managing Director of HSBC Securities and Capital Markets India Private Limited, prior to which she was Vice-chairman at investment bank JM Morgan Stanley.
HSBC has a credit card base of over one million customers in India and is one of the leading credit card merchant acquirers in the Indian credit cards industry.
The HSBC Group is one of the largest banking and financial services organisations in the world.
www.businesswireindia.com /PressRelease.asp?b2mid=9386   (446 words)

  
 The History of the HongKong and Shanghai Banking Corporation (History of Hong Kong and Shanghai) by Frank H. H. King ...
This final volume of the history of The Hongkong and Shanghai Banking Corporation provides a full-scale study of a modern financial institution in the context of its historical role in the East.
The dramatic stories of key acquisitions - Mercantile Bank of India, The British Bank of the Middle East, Hang Seng Bank, and Marine Midland Banks of New York - are recounted on the basis of both documentary evidence and interviews with the principal participants.
A central theme is the radical structural change necessary as the Hongkong Bank sought successfully to become first an interregional bank and, subsequently, both an operating bank and a multinational financial holding company.
www.gettextbooks.com /isbn_0521327091.html   (289 words)

  
 The Standard - China's Business Newspaper
Foreign banks at present enjoy preferential tax rates of 15 percent, while domestic lenders are taxed at a rate of 33 percent of income.
The rules, effective December 11, allow foreign banks to incorporate local units with a minimum of registered capital of 1 billion yuan and to maintain a loan-to-deposit ratio of less than 75 percent.
HSBC (0005), Hang Seng Bank (0011), Bank of East Asia (0023) and Dutch lender ABN Amro Bank have said that they aim to incorporate their subsidiaries by next March.
www.thestandard.com.hk /news_detail.asp?we_cat=2&art_id=32051&sid=10921993&con_type=1&d_str=20061117   (572 words)

  
 The hongkon Shanghai Bank Limited - Annual Reports - PakSearch.com
Bank and the transactions of the Bank which have come to our notice have been within the powers of the Bank;
The Hongkong and Shanghai Banking Corporation Limited is a foreign banking company incorporated in Hongkong with limit-
The bank operates approved funded gratuity and provident fund schemes for all of its permanent employees.
www.paksearch.com /Annual/Annual01/HSBC.htm   (1940 words)

  
 SAS...The Power to Know
HSBC has been one of the most intelligent SAS users in the Asia Pacific Region,"said Dawn Kung, Managing Director of SAS Hong Kong.
SAS has been a trusted partner of HSBC for 18 years when the Bank started using SAS software for statistical analysis and reporting.
The Hongkong and Shanghai Banking Corporation Limited is the founding and principal member of the HSBC Group, which, with some 7,000 offices in 81 countries and territories and assets of over US$695 billion at 31 December 2001, is one of the world's largest banking and financial services organisations.
www.sas.com /offices/asiapacific/hongkong/information/2002/hsbc2.html   (481 words)

  
 Bermuda Stock Exchange   (Site not responding. Last check: 2007-10-22)
Hamilton, Bermuda: 18 August 2004 - The Hongkong and Shanghai Banking Corporation Limited, a wholly-owned subsidiary of HSBC Holdings plc, has completed its acquisition of a 19.9 per cent interest in Bank of Communications Limited.
Bank of Communications is China's fifth largest bank with total assets of
The Hongkong and Shanghai Banking Corporation Limited is the founding and a
www.bsx.com /bsx-shorts/Aug04/hsbc18.htm   (395 words)

  
 HSBC corporate services
Investment banking and financing solutions for corporate and institutional clients.
Whether you’re an experienced professional, an MBA or college graduate, or a summer intern, HSBC has a world of opportunities for you to learn from some of the best in the industry.
HSBC does not make any guarantee, representation or warranty and does not take responsibility as to the accuracy or completeness of such information.
www.hsbcnet.com /hsbc   (235 words)

  
 The Global 100: Bankers - CFO.com
The bank also has more than $2 billion in exposure to Enron, and its dealings with Enron are being investigated by the SEC and the Federal Reserve.
Nonetheless, J.P. Morgan is the second-largest bank in the country, with a huge syndicated lending operation and a growing presence in investment banking.
But HSBC's presence in China is currently limited, and its strong ties to the colonial past may handicap it in establishing a stakehold in the Middle Kingdom.
www.cfo.com /printable/article.cfm/3005008/c_2984314?f=options   (1337 words)

  
 Tracing the other FTSE giants | Business | Money | Telegraph
The Hongkong and Shanghai Banking Corporation Limited was established in 1865 to finance the growing trade between Europe, India and China.
After growing in Asia, in the 1980s HSBC concentrated on moving into markets where it was not yet fully represented, including in the US and Europe.
HSBC was created as a holding company for its global operations, with a dual listing in London and Hong Kong.
www.telegraph.co.uk /money/main.jhtml?xml=/money/2006/10/28/ccgsk128.xml   (602 words)

  
 List of registered banks in New Zealand and their credit ratings
The credit ratings are applicable to long-term unsecured obligations of the registered bank, payable in New Zealand and in New Zealand dollars, and are as disclosed in the bank's most recently published Key Information Summary.
Click on the name of the bank to go to their website (some web sites may not be in English).
Banks marked (B) operate in New Zealand as branches of overseas incorporated banks.
www.rbnz.govt.nz /nzbanks/0091622.html   (155 words)

  
 Hongkong bank places IBM's largest ever AS/400 order - Hongkong and Shanghai Banking Corporation Ltd Newsbytes News ...   (Site not responding. Last check: 2007-10-22)
The order is the largest ever placed by any purchaser in Hongkong, and is believed to be the biggest single order for AS/400's that IBM Corporation worldwide has received to date.
Managing director of IBM China/Hongkong Corporation said that the order was the continuation of a worldwide partnership between Hongkong Bank and IBM.
Most Hongkong staff members were smiling, content in the knowledge that their jobs should be safe based on this year's performance.
www.findarticles.com /p/articles/mi_m0NEW/is_1989_Dec_12/ai_7978168   (353 words)

  
 The Chamber Business Website - Member Profile
Established in Hong Kong and Shanghai in 1865, the Hongkong and Shanghai Banking Corporation served the needs of the merchants of the China coast and financed the growing trade between China, Europe and North America.
Today, the Hongkong and Shanghai Banking Corporation is a principal member of the HSBC Group -- one of the world's largest banking and financial services organisation.
On the basis of an article he read on banking in Scotland, Mr Sutherland worked overnight to draw up a prospectus for an institution to be operated on sound "Scottish banking principles." The next day he took it to his legal adviser, E H Pollard, and together they solicited support.
www.chamber.org.hk /info/member_a_week/member_profile.asp?id=25   (585 words)

  
 Hongkong and shanghai banking corporation limited   (Site not responding. Last check: 2007-10-22)
Its founding member is The Hongkong and Shanghai Banking Corporation Limited, a bank established by the Scot Thomas Sutherland to finance trade in the Far...
The HSBC Group evolved from The Hongkong and Shanghai Banking Corporation Limited, which was founded in 1865 in Hong Kong with offices in Shanghai and...
The HSBC Group is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in March 1865 to finance the...
2024.pego8.info   (869 words)

  
 The Hongkong And Shanghai Banking Corporation vs NLRC : 116542 : July 30, 1996 : J Panganiban : Third Division
It appears that on February 3, 1993, complainant called the bank to inform the latter that he had an upset stomach and would not be able to report for work.
Complainant explained that he indeed suffered from an upset stomach and that he even consulted Dr. Arthur Logos at 4:00 o’clock in the afternoon of the same day and the reason why he could not be reached by telephone was because he had not been staying at his given residence for over a week.
On February 4, 1993 the bank called up Dr. Logos to verify the truth of complainant’s statement but the doctor denied that he examined or attended to complainant on February 3, 1993 and the last time complainant consulted him was in December 1992.
www.supremecourt.gov.ph /jurisprudence/1996/jul1996/116542.htm   (1932 words)

  
 The Standard - China's Business Newspaper
If not incorporated in China, the banks will be allowed to lend to only corporate customers and each of their depositors must have at least one million yuan (HK$989,900) in their accounts.
A foreign bank's China subsidiary is required to have a minimum registered capital of one billion yuan and maintain a loans-to-deposit ratio below 75 percent.
Foreign bank subsidiaries incorporated in the mainland will be permitted to take deposits and lend in yuan, buy government bills and bonds, offer foreign-exchange and credit-card services and serve as agents to sell various insurance products to the public.
www.thestandard.com.hk /news_detail.asp?we_cat=2&art_id=31950&sid=10900144&con_type=3&d_str=20061116   (513 words)

  
 Investment Banking - Bank Of China   (Site not responding. Last check: 2007-10-22)
In 2000, BOCI has listed Phoenix Satellite Television, Beida Jade Bird, Tong Ren Tang Technologies and Shanghai Fudan Microelectronics on the GEM as sponsor and lead underwriter, becoming a major investment bank in the listings of emerging companies becoming one of the most successful underwriters in the GEM market.
In 2002, BOCI acted as the joint global co-ordinator, bookrunner and sponsor of the IPO of Bank of China Hong Kong, the largest banking IPO in Hong Kong.
In 2001, BOCI successfully assisted Bank of China in completing the restructuring and merger of its commercial banking operations in Hong Kong.
www.bank-of-china.com /en/common/third.jsp?category=1099367293100   (448 words)

  
 Shanghai Daily | 上海日报 -- English Window to China News
THE Hongkong and Shanghai Banking Corporation Limited is preparing for further expansion in China's mainland in face of the full market opening at year end.
THE Bank of Communications is stepping up its marketing initiatives to attract clients to its Pacific credit card after entering the country's nascent but competitive consumer finance market relatively late.
THE seventh annual banking conference jointly held by Bank of Shanghai, Shanghai Commercial Bank and Shanghai Commercial and Savings Bank, is scheduled to start on Wednesday at Le Meridien Sheshan Shanghai.
www.shanghaidaily.com /article/articles.asp?id=226&type=Supplement   (264 words)

  
 Amazon.com: The History of the HongKong and Shanghai Banking Corporation (History of Hong Kong and Shanghai): Books: ...   (Site not responding. Last check: 2007-10-22)
This final volume of the history of The Hongkong and Shanghai Banking Corporation provides a full-scale study of a modern financial institution in the context of its historical role in the East.
The dramatic stories of key acquisitions - Mercantile Bank of India, The British Bank of the Middle East, Hang Seng Bank, and Marine Midland Banks of New York - are recounted on the basis of both documentary evidence and interviews with the principal participants.
A central theme is the radical structural change necessary as the Hongkong Bank sought successfully to become first an interregional bank and, subsequently, both an operating bank and a multinational financial holding company.
www.amazon.com /History-HongKong-Shanghai-Banking-Corporation/dp/0521327091   (925 words)

  
 HSBC Insurance - News and Events
HSBC Reveals 'The Future of Retirement' Around the World
HSBC Insurance Celebrates 30th Anniversary - Opening Address by Mr Frederick Ma, Secretary for Financial Services and the Treasury, Hong Kong SAR Government
HSBC Signs Agreement to Invest in China's Ping An Insurance Company
www.insurance.asiapacific.hsbc.com /inah/newsevents/default.htm   (117 words)

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