• Mon
  • Sep 22, 2014
  • Updated: 9:42am

HSBC

The Hongkong and Shanghai Banking Corporation was founded in Hong Kong on March 3, 1865, and in Shanghai one month later. In 1980, HSBC acquired 51 per cent of Marine Midland Bank, buying the rest in 1987. HSBC Holdings was established in Britain in 1991 as the parent of The Hongkong and Shanghai Banking Corporation ahead of its purchase of the UK-based Midland Bank and the impending 1997 transfer of sovereignty of Hong Kong from Britain to China. 

Swiss Bank Corp warrant issue

PUBLISHED : Friday, 10 June, 1994, 12:00am
UPDATED : Friday, 10 June, 1994, 12:00am

SWISS Bank Corp, acting through its Hong Kong branch, issued 100 million 10-for-one warrants on HSBC Holdings on Wednesday, June 8, and not Union Bank of Switzerland.


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