FratFiles

• Save Paper

HSBC- we are the world's local bank
The Business/Organization

The HSBC Group is named after its founding member, The Hong Kong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. The inspiration behind the founding of the bank was Thomas Sutherland, a Scot who was then working for the Peninsular and Oriental Steam Navigation Company. He realized that there was considerable demand for local banking facilities in Hong Kong and on the China coast and he helped to establish the bank which opened in Hong Kong in March 1865 and in Shanghai a month later.
Soon after its formation the bank opened agencies and branches around the world. Although that network reached as far as Europe and North America, the emphasis was on building up representation in China and the rest of the Asia-Pacific region. HSBC was a pioneer of modern banking practices in a number of countries. In Japan, where a branch was......

View the rest of this paper...

Approximate Word Count: 2991
Approximate Pages: 12 (250 words per double-spaced page)

Similar Essays

1. Intern
   

   Intern HSBC- we are the world's local bank The Business/Organization The HSBC Group is named after its founding member, The Hong Kong and Shanghai Banking Corporation Limited,

2. Intern Communicatie Beleidsplan
   

   Intern communicatie beleidsplan Studieopdracht PON; internationaal handelsconcern, dealer van Audi en Volkswagen, een onderneming die duidelijke heldere lijnen heeft uit staan

3. Intern
   

   Intern I am currently doing my field work with the Division of Youth and Family Services (DYFS) under the New Jersey Department of Children and Families (DCF). The office is

4. Intern
   

   Intern Introduction Xi'an, Capital of Shaanxi province, is located in the very centre of China. Centuries ago, in the age of the Qin dynasty (221BC) Xi'an used to be the capital

5. Japanese Intern Camps
   

   Japanese intern camps Barabara ni naru Civilian Exclusion Order No. 79 Effective Friday 22 May 1942 On this fateful day the evacuation of 100,000(+) Japanese immigrants and