HSBC will stay focused on preparations for listing in Shanghai, regardless of the current turbulence in the capital markets, but the application is subject to regulatory approval, the company said.

LONDON (Reuters) - HSBC <0005.HK>, Europe's biggest bank, would be keen to have a share listing on the Shanghai stock exchange when regulations permit, a top executive said on Thursday.

HSBC will stay focused on preparations for listing in Shanghai, regardless of the current turbulence in the capital markets, but the application is subject to regulatory approval, the company said.

HSBC is already quoted in Hong Kong. It was founded as the Hongkong and Shanghai Banking Corporation in 1865, but moved its headquarters to London in 1993 after buying Midland Bank.

The bank, incorporated in the 1800s, has branches and subsidiaries in 62 countries across the world - but many don't know what its name actually means ...

LONDON - HSBC Holdings, Europe's largest bank by market value, will cut up to 25,000 jobs globally to reduce costs and shift its center of gravity further toward the fast-growing Asian economies ...

HSBC (Hong Kong and Shanghai Banking Corporation), which was itself founded in Shanghai in 1865 and is already the leading foreign bank in China, said the investment into a mainland bank was key to ...

"I don't see it being a 2009 event, hopefully in 2010. It has a very symbolic element for HSBC, we were established in 1865 in Hong Kong and Shanghai... we would welcome participating in the ...

HSBC stands for The Hongkong and Shanghai Banking Corporation, which was founded by Thomas Sutherland back in 1865 (when Hong Kong was still a British colony). Today, the British firm is a ...

It serves more than 14 million customers in the UK - but many have no idea what HSBC actually stands for. The bank, incorporated in 1865, has branches and subsidiaries in 62 countries across the ...

Meanwhile, another user chimed in with a bit of history, writing: "The origins of the bank lie mainly in Hong Kong and to a lesser extent in Shanghai, where branches were first opened in 1865.