The Hongkong and Shanghai Banking Corporation Limited (Chinese: 香港上海滙豐銀行有限公司), commonly known as HSBC (Chinese: 滙豐; Cantonese Yale: Wuihfūng), is the Hong Kong subsidiary of multinational bank HSBC. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was renamed "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC Group of Banks and Companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's business ranges from the traditional High Street roles of retail banking, commercial banking, corporate banking to investment banking, private banking and global banking.
1865Mar, 3
Opening of The Hongkong and Shanghai Banking Corporation, the founding member of the HSBC Group.
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Events on 1865
- 31Jan
Robert E. Lee
American Civil War: Confederate General Robert E. Lee becomes general-in-chief. - 13Mar
African-American
American Civil War: The Confederate States of America agree to the use of African-American troops. - 29Mar
Appomattox Campaign
American Civil War: Federal forces under Major General Philip Sheridan move to flank Confederate forces under Robert E. Lee as the Appomattox Campaign begins. - 4Apr
Richmond, Virginia
American Civil War: A day after Union forces capture Richmond, Virginia, U.S. President Abraham Lincoln visits the Confederate capital. - 6Apr
Appomattox Campaign
American Civil War: The Battle of Sailor's Creek: Confederate General Robert E. Lee's Army of Northern Virginia fights and loses its last major battle while in retreat from Richmond, Virginia during the Appomattox Campaign.