HSBC was formally established in the year 1965 March 3. It is the Hong Kong and Shanghai Corporation limited was establishing to finances the tread between Europe and China. But now HSBC Bank UK bank is the world largest bank.
Its founder was a Scot name Thomas Sutherland who was working as the Hong Kong Superintendent of the Peninsular and Oriental Steam Navigation Company. While working in that company Thomas saw that there was a demand for local banking facility so that he helped to establish this bank in March 1865.
One month later same branch was opened in Shanghai also. This is a British based multinational banking and financial services company headquarters is in London. This bank is the world fourth largest bank by its total assets.
In London, it was established in 1991 by the Hong Kong and Hong Kong and Shanghai Banking Corporation Ltd. Many aims of the establishment of this bank are to act as a new group of Holding Company.
Full form of HABC is Hong Kong and Shanghai Banking Corporation. This bank continues to see the United Kingdom and Hong Kong as like its home market.
HSBC has all most 6,000 offices in 71 countries in the world. They lie in different countries like Africa, Asia, Oceania, Europe, North America and South America.
It has more than 60 million customers according to the data of 2014. It is the world sixth largest public company from the entire world according to the research data of Forbes magazine.
Basically, HSBC bank performs four basic functions i.e. Commercial Banking, Global Banking and Markets, Retail Banking and Wealth Management and Global Private Banking.
HSBC Bank UK has its world headquarters at 8 Canada Square in Canary Wharf, London. It is the major bank that has performed various kinds of financial markets around the world.
This is the largest bank in Hong Kong. HSBC direct various kinds of online banking services that attract customers from the various branch of this bank. Some of the easy internets banking facilities are mortgages, accounts and saving also.
This service was firstly launched in the USA in November 2005. HSBC net is the global service that supports business from various regions worldwide. This system provides different kinds of facilities such as payments cash management to tread services as well to research and analytical content for HSBC.
The function of HSBC Bank UK is different from the counter to the country. But here is the list of function that performs by HSCB bank UK. They are account details this is the basic functions of this bank. Transactions function, Payments, UK Payments, BACS payments, Pending Payments, Transfers, Standing Order, Direct Debits, access and control and Activity Log.
This bank has various kinds of functions they differ from other banks so that it is the very successful bank in the world. Different kinds of functions are performing by this bank in the UK also. Comparing with other banks in the world it has its own kinds of reputation and standard in the mind of customers.