Ten fun facts about HSBC


Fact 1
As of December 2013, the company had assets totaling $2.671 trillion. Half in Europe, Middle East and Africa and a quarter each in Asia-Pacific and the Americas.

Fact 2
In 2014, the HSBC began a policy that would refuse customers to withdraw large amounts of cash without a third-party letter stating what the money would be used for.

Fact 3
In 2013, Argentina's taxing authority accused HSBC of money laundering and tax evasion.


Fact 4
It was considered the most profitable bank as of 2007 with a net income of $19.13 billion, compared to Bank of America's $14.98 billion.

Fact 5
The Hong Kong and Shanghai Banking Corporation, or the HSBC, was founded by Sir Thomas Sutherland in 1865.

Fact 6
The company sponsors golf events including the HSBC World Match Play Championship and the HSBC Women's Champions.

Fact 7
In 2012 the HSBC was reported to have offshore accounts set up in Jersey for drug-dealers and criminals.

Fact 8
HSBC is the largest bank in Hong Kong and prints most of their local currency in its own name.

Fact 9
The world headquarters of HSBC are located in Canary Wharf in London at 8 Canada Square.

Fact 10
They have over 7,200 offices in 85 countries across from Africa, Europe, Asia and the Americas and approximately 89 million customers.


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A British multinational banking and financial company.

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