HSBC is a Publicly Owned financial services group headquartered in the UK. Founded in 1865, the company employs approximately 172,840 individuals. Functioning as a universal bank and financial services group, HSBC has unique historical and business links to East Asia and maintains a highly multinational footprint.
On September 11, 2026, the UK India Business Council (UKIBC) and HSBC UK announced a strategic partnership to support a major northern England delegation to India, aiming to tap into long-term investment opportunities created by the India-UK Free Trade Agreement. Earlier the same day, HSBC Holdings Plc appointed Anita Mishra, previously its India markets head, as the global head of corporate sales in London. Hiren Sanghvi is set to replace Mishra as head of markets and securities services in India. Previously, HSBC Holdings disclosed plans to wind down its transaction services business in Germany, a move expected to phase out approximately 320 positions by 2028 as part of the bank's broader simplification strategy to reduce exposure to lower-priority operations and redirect resources toward core franchises and higher-growth markets.
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