HSBC

Hong Kong subsidiary of HSBC Group

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2023 HSBC becomes the last international bank with retail banking operations in the Philippines following Citibank's exit from the market.
June 2023 HSBC closed the bank accounts of the pro-democracy political party League of Social Democrats (LSD) without providing a specific reason for the account closures.
July 2022 HSBC became the first foreign lender to open a Chinese Communist Party (CCP) committee in its Chinese investment banking subsidiary, HSBC Qianhai Securities, which is 90% owned by HSBC.
June 2021 Peter Wong became the non-executive chairman of HSBC, and David Liao and Surendra Rosha were appointed as co-chief executives.

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