Related Research Articles
Central is the central business district of Hong Kong. It is located in the northeastern corner of the Central and Western District, on the north shore of Hong Kong Island, across Victoria Harbour from Tsim Sha Tsui, the southernmost point of Kowloon Peninsula. The area was the heart of Victoria City, although that name is rarely used today.
HSBC Holdings plc is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$2.919 trillion as of December 2023. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA).
Standard Chartered PLC is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
The Hongkong and Shanghai Banking Corporation Limited, commonly abbreviated as HSBC and formerly known as HongkongBank, is the Hong Kong-based Asia-Pacific subsidiary of the HSBC banking group, for which it was the parent entity until 1991. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
Bank of Communications is the fifth-largest bank in mainland China. It was originally established in 1908 and was one of a handful of domestic Chinese banks that issued banknotes in modern history. Following the Chinese Communist Revolution in 1949, the mainland operation of that bank were merged into the People's Bank of China and People's Construction Bank of China under the Communist single-tier banking system, while its continuation in Taiwan eventually became part of Mega International Commercial Bank.
The issue of banknotes of the Hong Kong dollar is governed in the Special Administrative Region of Hong Kong by the Hong Kong Monetary Authority (HKMA), the governmental currency board of Hong Kong. Under licence from the HKMA, three commercial banks issue their own banknotes for general circulation in the region. Notes are also issued by the HKMA itself.
The Mercantile Bank of India, London and China, later Mercantile Bank Ltd, was an Anglo-Indian bank with business focus in the Far East. It was founded in Bombay in 1853 as the Mercantile Bank of Bombay; and later in 1857 was renamed to Mercantile Bank of India, London, and China with London as its headquarters.
Electronic Payment Services, commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985. The service is provided by EPS Company Limited which currently has over 30,000 acceptance locations.
Alexander Andrew "Sandy" Flockhart is a former CEO of The Hongkong and Shanghai Banking Corporation Limited.
Vincent Cheng Hoi-Chuen GBS OBE JP was a Hong Kong banker who was an executive director of HSBC Holdings plc. He was also chairman of The Hongkong and Shanghai Banking Corporation Limited, the Asia-Pacific branch of HSBC, and founding member of the group, from 2005 to 2010.
David Gordon Eldon CBE is the former chairman of The Hongkong and Shanghai Banking Corporation Limited. He retired in May 2005, after spending 37 years with HSBC Group, but made a return to banking in 2011 as non-executive chairman of HSBC Bank Middle East Limited. He stepped down from the role on April 30, 2021 and was appointed non-executive deputy chairman of The Hongkong and Shanghai Banking Corporation in June 2021.
Standard Chartered Hong Kong is a licensed bank incorporated in Hong Kong and a subsidiary of Standard Chartered. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
Laura Cha Shih May-lung, GBM, GBS, JP is a Hong Kong businesswoman and politician. She is the Chairman of Hong Kong Stock Exchange and Non-Executive Deputy Chairman of The Hongkong and Shanghai Banking Corporation. She served as a non-official member of the Executive Council of Hong Kong from 2004 to 2022.
Hon. John Estmond Strickland, GBS, JP, the former Chairman of the Hongkong and Shanghai Banking Corporation Ltd. (1996–1998) with responsibility for HSBC's operations in Asia Pacific, was a Hong Kong-based businessman and philanthropist. He joined HSBC in Hong Kong in 1970, and was in charge of IT development and strategy, globally, and helped develop HSBC's core banking systems.
The one thousand-dollar note is the highest-valued banknote in circulation in Hong Kong. Currently, this note is issued by the Hongkong and Shanghai Banking Corporation (HSBC), Standard Chartered Hong Kong, and the Bank of China. Due to its gold-colored theme, this note was nicknamed “Gold Cow ” by the locals, derived from the term “Big Cow ” that is used for the city's five hundred-dollar note. If counted according to the notes’ serial number, it is the note with the second-lowest printing figure, higher than that of the fifty-dollar note.
The five-dollar note was first issued in 1858 by the Mercantile Bank, 1865 by the Standard Chartered Bank, 1866 by the Oriental Bank Corporation, 1897 by The Hongkong and Shanghai Banking Corporation, and 1894 by the National Bank of China. There was a continuous issue until the Second World War in different colours and dimensions, and this issue was resumed after the war in 1946, by the HSBC and Standard Chartered banks. The various banks' designs were somewhat standardised in 1970 when the Chartered Bank changed the issue from green to brown, as this was the colour of the HSBC issue. The Standard Charted Bank issued two colours from 1967 to 1970, a yellow and green note. These are described as being a yellow and green key in reference to the image of two keys on either side of the banknote. This denomination was replaced by a coin in 1976.
Stuart Thomson Gulliver is a British banker, and the former group chief executive of HSBC. He was succeeded on 21 February 2018 by John Flint.
John Malcolm Gray, CBE was a Scottish businessman and the former chairman and chief executive of the Hongkong and Shanghai Banking Corporation in Hong Kong from 1993 until his retirement in 1996. He was the third generation of his family to work for the organisation. Gray was appointed a Commander of the Order of the British Empire in 1996.
Sonia Cheng Chi-Man is a Hong Kong business executive. She is the CEO of Rosewood Hotel Group and the executive director of the New World Development. She is also the vice-chairman of Chow Tai Fook Jewellery Group. She was also appointed as an independent non-executive director of The Hongkong and Shanghai Banking Corporation and a director of Primavera Capital Acquisition Corporation. She is the daughter of Hong Kong property developer Henry Cheng and granddaughter of real estate and jewelry billionaire Cheng Yu-tung.
References
- 1 2 China has HSBC’s taipan in a vice with few options but to fall in line with the security law for Hong Kong in the bank’s biggest market, SCMP, 4 July 2020
- ↑ HSBC (7 June 2021). "HSBC appoints David Liao and Surendra Rosha as Co-Chief Executives for Asia Pacific". Archived from the original on 13 February 2022. Retrieved 13 February 2022.
- ↑ Peter Wong
- ↑ "Peter Wong Tung-shun biodata" (PDF).
- ↑ HSBC’s Asia chief backs China security law for Hong Kong, CNBC, Jun 3 2020