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LancsLive on MSNPeople are only just learning what 'HSBC' bank actually stands forThe bank, incorporated in the 1800s, has branches and subsidiaries in 62 countries across the world - but many don't know ...
Thankfully, people were quick to offer their explanations. HSBC stands for The Hongkong and Shanghai Banking Corporation. This might seem odd for a UK-based company, but there's a historical ...
Brit Thomas Sutherland founded HSBC in Hong Kong in March 1865, opening its first office in Shanghai the following month. The principle was to have a local Asian bank to finance global trade in ...
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