HSBC

HSBC Holdings plc
Type	Public limited company
Traded as	LSE: HSBA; SEHK: 5; NYSE: HSBC (ADR); FTSE 100 Component (HSBA); Hang Seng Component (0005)
Industry	Banking, Financial services
Founder	Sir Thomas Sutherland
Headquarters	HSBC Tower, London, United Kingdom
Area served	Worldwide
Key people	Mark Tucker; (Group Chairman); Stuart Gulliver; (Group Chief Executive)
Services	Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance
Revenue	US$47.96 billion (2016)
Operating income	US$7.112 billion (2016)
Net income	US$2.479 billion (2016)
Total assets	US$2.374 trillion (2016)
Total equity	US$175.38 billion (2016)
Number of employees	235,175 (2016)
Subsidiaries	Subsidiaries
Website	www.hsbc.com

The HSBC Group is a British^[3] banking group, that is the second largest in the world. It was founded in 1865, Hong Kong, by the Scottish banker, Thomas Sutherland. Now, it's head office is in London, in the United Kingdom, in the building known as 8 Canada Square. Although it is a British Bank, it owns lots of banks in other countries around the world, including some in the United States, France, Spain, Russia, and China (PR, China).

HSBC World Headquarters in London.

It has a dual listing on the Hong Kong Stock Exchange and London Stock Exchange, ranked 38th in Forbes' 2022 list of large companies. However, HSBC has been involved in controversies, including fines for money laundering and accusations of setting up tax avoidance schemes.^[4]^[5]

HSBC Media

Wardley House on the Hong Kong Praya (waterfront), where the bank had leased its first Hong Kong office in 1865
Former Shanghai Club building on No. 12 Bund, Shanghai, purchased by HSBC in 1874 and its Shanghai head office until reconstruction in the early 1920s
The bank's first purpose-built head office building in Hong Kong (center right), designed by Clement Palmer and completed in 1886 on the former Wardley House location
The same building (center right) following the Praya Reclamation Scheme and creation of Statue Square
Rear façade of the 1886 building on Queen's Road, photographed in 1890
HSBC Hong Kong banking hall in 1908
First purpose-built HSBC London office on Gracechurch Street (1913, designed by William Campbell-Jones), replacing leased offices at 31 Lombard Street; maintained by HSBC until relocation to 99 Bishopsgate in 1976, and later converted into a Club Quarters hotel and Wetherspoons pub
The former HSBC banking hall in the Gracechurch Street building, converted as the Crosse Keys pub
HSBC Building on the Bund (left), the bank's Shanghai the headquarters from 1923 to 1955, photographed in 2021
HSBC Hong Kong head office in 1936 after reconstruction