HSBC Germany takes the next step towards a European platform
Also the employees are now formally part of the continental European entity. The business in Germany, Europe’s largest and most export-orientated economy, has thus been fully integrated into HSBC Continental Europe.
This branchification of HSBC Germany is part of HSBC’s strategy to become the leading international wholesale bank in Europe, complemented by a targeted wealth and personal banking business. “This is an important milestone in building a unified, simplified and strengthened bank in Europe to serve our customers more efficiently,” said Andrew Wild, CEO of HSBC Continental Europe.
Media Contact:
Jens Friedrich
+49-211-910-1789
jens.friedrich@hsbc.de
About HSBC Germany
HSBC Germany is part of the HSBC Group, one of the world's leading commercial banks with assets of USD 2,967 billion (as of December 31, 2022). It has a network in 62 countries and territories worldwide, which account for over 90 per cent of global economic output. HSBC Germany's clients are companies, institutional clients, the public sector and wealthy private clients. The bank stands for internationality, comprehensive advisory skills, great placement power, first-class infrastructure and capital strength.
About HSBC Continental Europe
HSBC Continental Europe, headquartered in Paris, is an indirectly held subsidiary of HSBC Holdings plc. In addition to the banking, insurance and wealth management activities based in France, HSBC Continental Europe also includes business activities in Germany, Belgium, France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Malta, Poland, Sweden, Spain and the Czech Republic.