Sir Thomas Jackson became chief manager in 1876. In 1991, the super-ceding position of Group Chairman of HSBC was formed; since then, the Chairman of the Hongkong and Shanghai Banking Corporation has been held as an independent position, held concurrently by the Chief Executive of the Hongkong and Shanghai Banking Corporation, or held by the Group Chief Executive of HSBC ex-officio. People using this service can freely remit money from Bangladesh to any part of the world and can access their money from any HSBC booth around the world. The bank also has a good number of ATM booths in the cities present, it also has booths in most five star hotels. In Vietnam, HSBC first opened an office in Saigon (now Ho Chi Minh City) in 1870. To support the bank’s growth into a global financial institution, HSBC invested in new headquarters. The Hongkong and Shanghai Banking Corporation Ltd. In its early years of operation, HSBC serviced the booming Philippine sugar industry. The Hongkong and Shanghai Banking Corporation Limited (HSBC) provides commercial banking services. Shen, the managing director of Maysun Trading Co. and the former head of the Central Trust of China, who became the first ethnic Chinese to be appointed to the position of Chief Manager of the bank. Terms & Conditions | Disclaimer & Internet Privacy Statement © The Hongkong and Shanghai Banking Corporation Limited 2002-2021. A period of expansion followed, with new buildings constructed in Bangkok (1921), Manila (1922) and Shanghai (1923), and a new head office building in Hong Kong in 1935. Since 2007 it has expanded its HSBC Premier private banking services for the "Mass affluent" market or high-net-worth individual clients. HSBC Bangladesh has a help center which operates on a daily basis. HSBC’s founder, Thomas Sutherland, was a Scotsman working in Hong Kong for a large shipping firm. In 2017, HSBC launched the PayMe brand and mobile app, which features as a social payment app in Hong Kong, available to all non-HSBC users.[16]. Note: HSBC is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content. Please update this article to reflect recent events or newly available information. HSBCHKHHHKH - SWIFT Code (BIC) - HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, THE in HONG KONG - HONG KONG. HSBC established its Shanghai branch office on 3 March 1865 and has had a continuous presence in the city[20] since then, except during the Japanese Occupation. HSBC Premier has seven Premier branches in Japan including centers in the Hiroo, Akasaka, Marunouchi(flagship), Ginza, Yokohama, Ikebukuro, areas of Tokyo and one in Kobe. HSBC opened its first Japan operations in Yokohama in 1866, followed by branches in other trading ports such as Osaka, Kobe and Nagasaki. During his twenty-six-year tenure, the Bank became a leader in Asia. The bank provides a range of personal, commercial and corporate banking financial services across Asia. During that period, it also adopted the idiosyncratic practice of calling its ATMs Electronic Teller Card (ETC) machines. Most of its Asia network closed and many staff were interned. To stimulate and accelerate this trade, HSBC issued banknotes in Hong Kong and mainland China, which were trusted by local merchants as a stable currency. HSBC (Chinese: 滙豐; Cantonese Yale: Wuihfūng), officially known as The Hongkong and Shanghai Banking Corporation Limited (Chinese: 香港上海滙豐銀行有限公司), is a wholly owned subsidiary of HSBC, the largest bank in Hong Kong, and operates branches and offices throughout the Indo-Pacific region, and in other countries around the world. HSBC's history in the Philippines dates back more than 110 years with the establishment of their first branch no. Local films and television series set in Hong Kong, especially comedies, use this nickname when referring to the bank. The famous English humorist P. G. Wodehouse was a junior employee at the Bank's London office in Lombard Street from 1900 to 1902, and used the bank as an inspiration for some of his early work, especially his 1910 novel Psmith in the City. Until the economic reforms of the late 1970s, its activities were mainly in inward remittances and export bills, however its activities now span a wider range. In October 2009, HSBC signed an agreement to increase its shareholding in Bao Viet Holdings to 18% from 10% for VND1.88 trillion (approximately US$105.3 million). HSBC's main branch office in Thailand is situated in Bangkok on Rama IV Road opposite Lumpini Park. Swift codes. Michael Turner became Chief Manager in 1953 and set about diversifying the business. HSBC also issued the first foreign loan to the Thai government for its railroad construction project. 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