Company history

The Hongkong and Shanghai Banking Corporation was founded in Hong Kong in 1865 to finance trade between the China coast, Europe and the USA. Since then, the HSBC Group has expanded through internal growth and acquisition.

Members of the Group include HSBC Private Bank (UK) Limited (formerly Samuel Montagu & Co Limited), founded in 1853, HSBC Trinkaus & Burkhardt KG (1785), HSBC Guyerzeller Bank AG (1866), HSBC Bank USA (formerly Republic National Bank of New York) (1966) and Crédit Commercial de France (CCF, 1894).

HSBC Private Bank (formerly HSBC Republic) was established on 31 December 1999, when HSBC acquired Republic New York Corporation and Safra Republic Holdings, parent companies of Republic National Bank of New York. Founded in 1966 and built on a banking tradition established during the Ottoman Empire, Republic National Bank of New York specialised in private banking.

The marketing name HSBC Private Bank was adopted on 1 January 2004, building on the heritage of private wealth management brought by international subsidiaries, the strength of our commercial banking relationships and HSBC’s prudent long-term strategy. The use of the label ‘HSBC Private Bank’ refers to HSBC’s worldwide principal private banking business, and is not indicative of any legal entity or relationship.

At HSBC Private Bank, we aim to bring the very best of the HSBC Group to our most valued clients. Our global network, combined with local market knowledge and expertise, sets us apart and connects you to bespoke growth opportunities around the world.

The HSBC Group is one of the largest banking and financial service organisations in the world.