What is the HSBC?
Source : Credit Card News from Money AU HSBC is one of the most well-known names in international banking. However, it is a relative newcomer to the Australian market and many are still coming to grips with its growing influence. In contrast to the rich and varied histories of some of its rivals, HSBC – previously known as the Hong Kong and Shanghai Banking Corporation – only started up its Australian operations in 1986, a full 20 years after the company had secured a steady footing in the Asian market. As a result, the bank carries its parent company’s distinctive red and white logo which is used in over 50 countries worldwide. Using the slogan “the world’s local bank”, HSBC offers significant expertise in the field of corporate banking, from providing accounts, to treasury and capital market advice. It offers a range of services for the average Australian consumer to use – including home insurance, credit cards, savings accounts, transactional accounts and home and personal loans. Ba
