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Originally Posted by halfpint
You know i never knew that HSBC bank stood for Hongkong and Shanghai Banking Corporation..lol  I always thought they were a British bank. My misses has an account with them and they are pretty good... well you learn something new every day |
Yep.. very good bank! HSBC was founded by a Brit (Sutherland) and used to be based in Hong Kong, but moved their HQ to in Docklands, London. They have extensive dealings with Asian countries and particularly with China and do the "facilitating" of transfers for major Chinese trade deals and commerce. In asset value they are around 3rd or 4th largest corp in the world.
The nearest to me was Panama, but now got an HSBC opened here and throwing out credit cards like confetti. So, expect a load of Chinese product next and exporting coffee, microprocessors, fruit and stuff to China
