HSBC is a publicly owned universal bank and financial services company founded in 1865. Headquartered in the United Kingdom, it employs approximately 172,840 people. The company's operations are globally diverse, with a particularly strong historical and present-day presence in East Asia.
HSBC Bangladesh signed an agreement with the Bangladesh Export Processing Zones Authority to establish a Business Development Office at the National Special Economic Zone in Mirsarai, Chittagong. On September 16, HSBC Continental Europe agreed to sell its 70.03% stake in HSBC Bank Malta plc to CrediaBank. HSBC will exit South Africa, with the South African Reserve Bank confirming the closure of HSBC Private Bank effective September 1, 2025, following an announcement of plans to leave in September 2024 after 30 years of operation. In the UK, HSBC participates in offering new switch deals providing customers with £200.
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