Our history

Supporting our customers for more than 150 years

The birth of a bank

HSBC was born from one simple idea – a local bank serving international needs. In March 1865, HSBC opened its doors for business in Hong Kong, helping to finance trade between Europe and Asia.

We have been supporting our customers for more than 150 years. Today, we serve more than 40 million personal, wealth and corporate customers worldwide in 64 countries and territories.

The experiences of the past century and a half have formed the character of HSBC. A glance at our history explains why we believe in capital strength, in strict cost control and in building long-term relationships with customers.

The bank has weathered change in all forms – revolutions, economic crises, new technologies – and adapted to survive. The resulting corporate character enables HSBC to meet the challenges of the 21st century.

History timeline

Learn how a local Hong Kong bank became one of the world’s largest financial services organisations.

Did you know?

HSBC has developed a number of traditions over its years in business and employed people who would later find fame in other fields. For example:

  • The bank’s name is derived from the initials of The Hongkong and Shanghai Banking Corporation Limited, the founding member of HSBC
  • HSBC’s red and white hexagon symbol was developed from the bank’s original house flag which was in turn based on the cross of St Andrew
  • The HSBC lions are nicknamed Stephen and Stitt after senior managers from the 1920s
  • The comic author P G Wodehouse, creator of Jeeves and Wooster, spent two years working at HSBC’s London office. He was recorded as being late for work 20 times in his first year

Our history in depth

Visit the HSBC History website to explore the bank’s rich and colourful heritage in depth, and access our unique archives.

Shanghai building sketch

Gallery

View the latest display of historic photographs from our company archives.

Archives

Our archives reflect the bank’s long and eventful history. Find out what’s in the collections and how to access them.

Key moments in our history

The opening of China

How Guy Hillier cemented HSBC’s reputation in China at the turn of the 20th century.

Local staff, local knowledge

HSBC staff from many different backgrounds have contributed to the bank’s success.

Meet the hacker hunter

He used to be ‘red team’. Now Ezequiel is ‘blue team’ – putting cyber-threats on ice.

Read more

Insight

New forms of digital money could spur growth

Central Bank Digital Currencies have the potential to make payments cheaper, says Noel Quinn.

Transforming risk into opportunity in Southeast Asia

We’re using our international network and expertise to help economies across the region rebuild.

Businesses have woken up to net zero

Talk on taking climate action must turn into tangible progress soon, says HSBC’s Ian Stuart.