HSBC Bank Customer Care Group members HSBC Private Bank (UK) Limited (formerly Samuel Montagu and Company Limited), established in 1853, HSBC Trinkets and Burckhardt KG (1785), HSBC Guysler Bank AG (1866), HSBC Bank USA (Formerly Republic National Bank (New York) (1966) and Credit Commercial de France (CCF, 1894).HSBC Private Bank was established are on December 31, 1999. When HSBC acquired by Republican at New York Corporation and Safra Republic Holdings, the parent companies of the Republic National Bank of New York. Established in 1966 and built on a banking tradition established during the Ottoman Empire. Which is special in private banking in the Republic National Bank of New York.
In the twentieth century, challenges and changes were seen for HSBC. In the early years of the 20th century, HSBC exacerbated the scope of its activities in the past. New buildings in Hong Kong (1935), the new head office of the bank and major branches like Bangkok (1921). Manila (1922) and Shanghai (1923) showed this confidence.
In the 1930s, many markets of the bank started in the era of uncertainty with an economic slowdown and political turmoil. At the end of the war, HSBC played an important role in the reconstruction of Hong Kong’s economy. Its support for new people’s skills for Hong Kong was particularly important for the increase in production during this period.
In other markets, however, HSBC needed to make a big revival. Most of the mainland offices in China were closed between 1949 to1955, only the Shanghai office was left to continue its long and important service. Due to these changes, the bank focused more on its interests in Hong Kong. The bank addressed this concern by diversifying it through a series of alliances and acquisitions. In the purchase of Mercantile Bank and British Bank. The Middle East in 1959. HSBC bought HSBC in new pastures and in 1972 the establishment of a commercial banking arm extended the boundaries of its services. By the 1970s, the bank had developed a policy of extension by acquiring or forming subsidiaries with its identity and expertise.