What does HSBC stand for?

HSBC Holdings plc (in full: Hong Kong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with unique historical and business links to East Asia and a highly multinational footprint.

How does HSBC operate?

HSBC operates via a number of legal entities and branches across the world. Read more about our structure, including our major entities and holding companies. Our principal holding company, HSBC Holdings plc, is a public limited company incorporated in England.

Where is HSBC listed?

Headquartered in London, HSBC is listed on the London, Hong Kong, New York and Bermuda stock exchanges. The entities that form the HSBC Group provide a comprehensive range of financial services. HSBC has a matrixed management structure. The Group is organised firstly according to its global businesses and global support functions.

When did HSBC become a bank?

In 1991, the present parent legal entity, HSBC Holdings plc, was established in London and the historic Hong-Kong-based bank from whose initials the group took its name became that entity's fully-owned subsidiary. The next year (1992), HSBC took over Midland Bank and thus became one of the largest domestic banks in the United Kingdom.