How To Sign California Banking Document

Additional Cardholder Application - Hsbc form

Music fifteen things you didn't know about HSBC welcome to a Lux calm the place where future billionaires come to get inspired hello Alec stirrers and welcome to another exciting original video presented by Alex calm today we're revealing some interesting and surprising facts about HSBC Holdings an incredibly successful multinational banking and financial services holding company the Hong Kong Bank and Shanghai Bank commonly known as HSBC was created in 1865 with the intent to finance trade between Europe and Asia by 1900 the bank had expanded its presence to 16 countries and was financing trade across the world HSBC survived the darkest times of the past 100 plus years and came through each difficult time stronger and more resilient in 1992 HSBC purchased the uk-based Midland Bank and had to move its head office from Hong Kong to London as a condition of the takeover today HSBC has about 3,900 offices located in 67 countries and territories serving around 38 million customers HSBC currently has four global businesses retail banking and wealth management commercial banking global banking and markets and global private banking it's now one of the most successful banks and brands in the world we are inspired by HSBC's incredible success resiliency long history and forward-thinking nature so let's take a closer look at this dominant company with the 15 things you didn't know about HSBC Music number one it's the ninth most valuable banking brand in the world there are approximately 8,000 banking brands worldwide and HSBC ranks in the top 10 of the most valuable among them the most valuable bank globally is the Industrial and Commercial Bank of China which is valued at forty seven point eight three billion dollars Wells Fargo comes in second with a value of 41 point 6 2 billion HSBC takes the number 9 spot with a value of twenty point six nine billion number two the HSBC lions are named Stephen and stint there are two lion sculptures that guard many HSBC offices around the world the first pair of lions was created for the Shanghai office back in 1923 they were named Stephen and stit after two senior managers of the Bank stit has a calm demeanor to symbolize the bank stability and security while Stephen is roaring to convey the bank's strength and protective nature the lions were so popular that copies were made for the hong kong head office the London office and then many other offices in various countries each lion weighs a ton and has eight lucky coins buried in the base number three they have over two trillion dollars in assets as of September 2017 HSBC Holdings has two point five three trillion dollars in total assets their total assets past the trillion-dollar benchmark by the end of 2003 and have been steadily growing ever since these assets include 132 billion dollars in cash 800 11 billion dollars in investments 768 billion dollars in loans and 7.6 billion in property number four most of their employees became prisoners of war during World War two throughout World War two the majority of HSBC staff members became prisoners of war in Asia the only way the company survived was thanks to its Lunden Advisory Committee which was given the power to act as a board in 1943 the London Indian and US branches were the only ones that remained in operation during this time after the war was over HSBC restored its head office in Hong Kong and the company played an integral role in rebuilding the Hong Kong economy number five HSBC is the fiftieth most valuable brand in the world HSBC Holdings comes right between the German conglomerate Siemens and clothing retailer Zara on the Forbes list of the world's most valuable brands HSBC earned this spot due to its 162 point six billion dollar market cap and it's 62 point zero nine billion dollars in sales it also has the 49th biggest public company in the world number six there hexagon symbol was based on the Scottish flag HSBC was founded by Sir Thomas Sutherland a Scottish banker and politician the current hexagon symbol wasn't created until 1983 but it was based on a banks house flag which was inspired by the Scottish flag of its founder the house flag is a white rectangle divided diagonally to create a red hourglass shape and has been in use since the late 19th century number seven Chinese people refer to the bank as away foon ever since the bank became popular in Hong Kong in the late 19th century the Chinese population of Hong Kong has referred to HSBC by the nickname way foon which translates as abundance of remittances or focus of wealth number eight one man kept the bank from failing in the late 19th century HSBC owes much of its success to irish businessman Thomas Jackson when he took over as chief manager in 1877 the bank was down to only one hundred thousand Hong Kong dollars from its original 1 million Hong Kong dollar reserve Jackson turned the bank around and launched an era of incredible success and expansion he retired in 1888 but twice came out of retirement in 1890 and 1893 when the bank fell into crisis to turn things around he was knighted in 1899 and HSBC erected a statue of him in Hong Kong's statue Square in 1902 that still stands today number nine some staff had to agree not to get married for 10 years in the early days of the Bank junior officers had to agree to wait 10 years to get married this period is called being on ice this was meant to guarantee the mobility and flexibility of the bank staff and that also saved the bank money since they had to pay for the housing of married staff some junior officers married in secret but were fired if the marriage was discovered this earned HSBC the nickname of the heart and soul of breaking corporation in the 1950s the rule was relaxed to only four years before it was eventually phased out completely number 10 HSBC sponsored the Jaguar Formula One team for seven years in order to gain even greater brand recognition HSBC established a partnership with the Jaguar Formula One racing team back in 1997 becoming their principal sponsor the group chairman of HSBC said the partnership offered an unrivaled opportunity to reach a global audience of over 325 million people per race weekend HSBC maintained the partnership until the Jaguar racing team was purchased by Red Bull from Ford in 2004 you can find out some more interesting facts about the energy drink company by clicking in the top right corner to watch our video of 15 things you didn't know about Red Bull number eleven HSBC built an extravagant head office in the midst of the Great Depression HSBC showed their strength and resiliency when in 1935 in the middle of the Great Depression they set out to build an extravagant cutting-edge head office building in Hong Kong the architects were simply told to build the best bank in the world the structure was finished in just 21 months and at 220 feet in height it was the highest structure at the time from Cairo to San Francisco the office was first built in Hong Kong to have air-conditioning and that also had high speed elevators and was decorated with European marble number 12 the first US branch opened in 1955 in the 1950s HSBC went through a period of expansion to help diversify its business through a series of acquisitions and alliances one important step for the company was establishing its first subsidiary of the u.s. in 1955 which was the Hong Kong and Shanghai Banking Corporation of California its American presence was greatly increased after HSBC acquired the Republic National Bank of New York in 1999 for ten point three billion dollars number thirteen they were the first bank to operate in Thailand HSBC was the first bank of any kind to open in Thailand its Bangkok branch was established in 1888 at the request of the time honour key and one of the first hi customers was the country's ruler at the time King Chulalongkorn HSBC also helped to develop the nation's economy by issuing Thailand's first banknotes in 1889 number fourteen HSBC was fined 1.9 billion dollars for money laundering in 2012 HSBC has been involved in a number of controversies in recent years they've been accused of fraudulent practices manipulating currencies assisting violent dictators processing funds for illegal Mexican cartels and more the bank has been investigated and accused of money laundering several times notably by the governments of the UK India Argentina and the u.s. in 2012 HSBC was fined 1.9 billion dollars for violating four US laws in connection with money laundering and assisting Iran and North Korea to bypass US nuclear weapon sanctions the 1.9 billion dollars was the largest fine ever under the Bank Security Act but it only represents about five weeks of profit for HSBC number 15 the Hong Kong head office was the most expensive building in the world in 1985 when a new HSBC headquarters was built in Hong Kong Central District in 1985 the 47 story structure became the most expensive building in the world costing 668 million dollars to complete the building uses a total of 716 intelligent lighting units which includes over one kilometer of LED lighting around the top of the building that are displayed nightly in the Hong Kong Symphony of Lights now that you've learned some more about HSBC we'd like to know do you do business with this Bank what's your opinion of it let us know down in the comments still here he was a bonus fact just for you HSBC's 1985 Hong Kong headquarters was made without any internal supporting structures it was constructed from five steel modules that were prefabricated in the UK and shipped to Hong Kong this construction makes it possible for the building to be dismantled and moved in a relatively short amount of time thank you for spending some time with us a lexer make sure to subscribe so you never miss a video if you want more we hand-picked these videos you might enjoy or head over to a locks calm for the best in fine living content on the planet be a part of the largest community of luxury enthusiasts in the world and tell your story