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Old December 8th, 2006, 05:45 PM   #101
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till now i have plenty of knowledge about HSBC--Hong Kong and Shanghai Banking Corporation,but an american customer asked his local HSBC staff what HSBC means...what he answered is Happy and Satisfied Banking Customers...that is funny.there is also a tall buliding located in shanghai.
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Old December 10th, 2006, 04:19 AM   #102
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i didn't know about this interesting thread....so how many branches in total?
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Old December 10th, 2006, 05:04 AM   #103
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Kind of ironic how HSBC headquarters in London sit yards away from a Citigroup offices next to it. Are They partners or something?
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Old December 10th, 2006, 10:37 AM   #104
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Originally Posted by bang View Post
i didn't know about this interesting thread....so how many branches in total?
Source : http://www.hsbc.com/hsbc/about_hsbc

Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBC's international network comprises over 9,500 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.

With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by nearly 200,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depositary Receipts.

Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.
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Old December 12th, 2006, 11:30 AM   #105
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Nice compilation thanks for pics
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Old December 13th, 2006, 02:47 AM   #106
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Not too long ago, HSBC bought the WSB in Brooklyn, though the larger one is being converted into condos.

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Old December 24th, 2006, 07:51 AM   #107
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There is a recent news about that HSBC is considering to move back its headquarter from London to Hong Kong in the near future as the tax rate matter.

HSBC moved to London from Hong Kong in 1993, said the next review is due in 2008. The UK's 30 percent corporate tax rate is lower than that of Germany and the US but still higher than Hong Kong's rate of as much as 10 percent.

And the reason why HSBC has moved to London is that The Bank of England ruled that HSBC would only be allowed to take over Midland if it transferred to London.
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Old December 24th, 2006, 07:34 PM   #108
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Old December 26th, 2006, 07:44 AM   #109
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the building of hong kong is HORRIBLE!!!
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Old December 26th, 2006, 07:59 AM   #110
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Originally Posted by Daireon View Post
the building of hong kong is HORRIBLE!!!
Viewed by the Bank as a long-term asset, the present building was commissioned in 1980 and completed in November 1985. It was designed for the Bank's exclusive use by Sir Norman Foster and is considered one of the finest and most innovative bank buildings in the world.

The project called upon all Foster's ingenuity. The Bank required a very much larger building but it had to fit on the original site area; its interior layout needed to be as flexible as possible to accommodate new technology and the changing needs of a fast- expanding organisation until well into the next century; and it had to be constructed quickly on a very confined site.

Engineering precision

Foster's solution was to design a building the construction of which would rely on an exceptionally high degree of off-site prefabrication. Components were manufactured all over the world. The structural steel came from Britain; the glass, aluminium cladding and flooring from the United States; the service modules from Japan. All these had to fit together perfectly on site, calling for a degree of precision in engineering and assembly never before attempted in the construction of a building.

The most conspicuous features of the building are the eight groups of four aluminium-clad steel columns, which rise from the foundations up through the main structure, and the five levels of triangular suspension trusses which are locked into these masts. From these trusses are suspended five groups of floors. They can be seen clearly on the outside of the building -- the inverted 'v' sections of the suspension trusses span the structure at double-height levels -- giving the building much of its distinctive character.

Flexibility and efficiency

By the use of bridge engineering techniques, and by locating all services in prefabricated modules hung on the east and west sides of the building, Foster eliminated the need for a central core, creating large, unobstructed floor areas that are the key to the building's flexibility and efficiency.
The emphasis on flexibility is apparent throughout the building. All flooring is constructed from lightweight movable panels made from the same material as that used for aircraft floors. The panels, which may be covered with carpet tiles or other materials, can be lifted to reveal a comprehensive network of power, data, telecommunication and air-conditioning systems. Computer terminals or other such pieces of equipment can be installed easily with minimum disturbance.
Similarly, all internal walls are made up of movable partitions so that office layouts can be changed and modified as required, without the need for any structural alterations.
The building is divided into five zones. These zones, and the double-height levels which separate them, form an integral part of the concept of movement around the building. Express lifts travel from the plaza to the double-height areas, while movement between the floors in each zone is by escalator. Altogether there are 62 escalators in the building.

The spectacular atrium

At ground level, beneath the building, an open public area has been created without any loss of office space. On entering this plaza what first strikes most visitors is the spectacular atrium rising 170 feet through 11 levels of the building. The public banking areas are situated around the atrium and are reached from the plaza by the longest freely supported escalators in the world.

At the top of the atrium is a bank of giant mirrors. These form part of an innovative, computer-controlled sunscoop that reflects natural sunlight into the atrium and down to the plaza.

Open-plan offices surround the atrium, allowing staff to work under natural light, while noise levels are controlled by means of careful acoustic engineering. Sophisticated building management computers automatically keep light and temperature at constant levels.

New technology

On either side of the atrium in the banking halls on Levels 3 and 5 are black marble banking counters, manufactured in Italy; set into these counters for customers' use are solar-powered calculators. The absence of screens, improving contact between tellers and customers, provides unobstructed views through the full-height windows across the harbour to the north, and towards the Peak to the south. A highly advanced and unobtrusive security system is in operation throughout the building.

Much of the building's new technology is unseen even by those who work in it. From the underfloor air-conditioning to the document-handling car system, many of the services are the most sophisticated yet developed.

The headquarters building set new standards for the banking industry as well as for architecture and construction. A sophisticated construction designed to serve the Bank's needs well into the twenty-first century, the building symbolises the forward-looking, adventurous spirit which characterises both the Bank and its home of Hong Kong.
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Old December 26th, 2006, 09:29 AM   #111
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HSBC Philippines

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Old February 7th, 2007, 10:36 AM   #112
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If HSBC is looking for a new home, one place stands out

(SCMP) 02月 07日 星期三 00:03AM

News that HSBC is to sell its London headquarters building has fuelled speculation that the global banking giant is preparing to up sticks and move its head office out of Britain.

In reality, the proposed property sale is intended to generate a better return for shareholders by monetising the value locked up in the building and putting it to work elsewhere for a higher return.

But that does not mean the bank's bosses have put down permanent roots in London. If it makes good business sense, they could easily decide to abandon London and move their headquarters elsewhere .

Although HSBC's plan to sell and then lease back its glittering new 45-storey office block in London's Canary Wharf has raised eyebrows both here and in Britain, it is hardly an unusual step for a financial services firm. Standard Chartered cashed in a majority stake in its flagship Des Voeux Road building as long ago as 1992.

In London, selling and then leasing back office buildings is all the rage. On Monday, Swiss Reinsurance announced it is to sell its British headquarters, the distinctive 180-metre tall "Gherkin", for a massive ?00 million, or HK$9.2 billion.

That record is likely to be dwarfed should HSBC go ahead with its sale. London property prices have shot up so much in the four years since HSBC moved in that its building could now fetch as much as ? billion.

With yields on grade-A office space in London now as low as 4.25 per cent, it makes sense for HSBC to extract its cash from the building and invest the money elsewhere at a higher rate of return. The bank insists the sale is a purely financial move and that it is not abandoning London.

Nevertheless, HSBC could move. It would not be the first time. The bank only shifted its group headquarters to London from Hong Kong in 1993 as a condition of its acquisition of Britain's Midland Bank.

That move exposed the group's holding company to British corporation tax, which is charged at a hefty 30 per cent of profits. In October last year, Chris Spooner, the group's head of financial planning and tax, told a London conference HSBC had been approached by some low-tax countries with offers to relocate. "We have moved headquarters before and we are not scared to do so again," he was quoted as saying.

Moving to a zero corporate tax regime such as the Cayman Islands or Bermuda would save HSBC's shareholders almost HK$5.5 billion a year.

Setting up in such a tax haven could cause regulatory problems, however, and would certainly entail considerable risk to the bank's reputation.

Ireland, with its advantages of education, language and time zone, and its corporate tax rate of just 12.5 per cent, has frequently been cited as a much more likely destination.

Resources, skills, finance, security, regulation and tax are all important factors in deciding where to locate, but far more important are considerations of politics and long-term business strategy.

Seen in those terms, there is one site that stands out head and shoulders above the rest.

With plenty of highly skilled staff, a world-class regulatory regime, a location at the heart of HSBC's fastest-growing markets and a local profit tax of just 17.5 per cent, the ideal location for HSBC's group headquarters would surely be - Hong Kong.
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Old February 9th, 2007, 12:45 PM   #113
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Sydney has the worst HSBC building:

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Old February 9th, 2007, 01:19 PM   #114
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nice pics guys!! and very informative thread

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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Old February 10th, 2007, 03:03 AM   #115
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Here are a couple of other locations HSBC has in NYC.

140 Broadway

452 5th Ave

51 Bowery

2 Catherine St (17 Chatham Sq)
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Old February 10th, 2007, 03:36 AM   #116
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HSBC Hong Kong
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Old February 10th, 2007, 08:54 AM   #117
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HSBC in...



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Old February 10th, 2007, 08:54 PM   #118
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^ Why is it called HSBC Republic in Geneva??

There is a new HSBC branch just opened up down the street from my office, I think I should stop by and ask the what HSBC stands for.
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Old February 13th, 2007, 02:35 AM   #119
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Do you think HSBC would move its headquaters to Toronto?
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Old February 13th, 2007, 03:31 AM   #120
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mexico city has 2 hsbc on the same street:
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