What do the initials represent in the name of the HSBC bank?
HSBC Bank Malaysia holding company of the HSBC Group that time, but the bank still has the offshore banking unit in Labuan. Later, in conjunction with the HSBC Group's global rebranding exercise, the legal name HSBC Bank Malaysia Berhad was adopted on 23 February 1999. The bank become the subsidiary of The Hongkong and Shanghai Banking Corporation on 1 January 2009, due to the reorganization of the HSBC Group. HSBC Bank Malaysia HSBC Bank Malaysia Berhad was incorporated locally in Malaysia in 1994. It is part of the HSBC Group and is a wholly owned subsidiary of HSBC Holdings plc headquartered in London.
HSBC Bank (Brazil) 8 June 2016 and transfer of customers was expected in October 2016. HSBC Bank (Brazil) HSBC Bank Brasil S.A. - Banco Múltiplo is subsidiary of Banco Bradesco in Brazil. HSBC established Banco HSBC Bamerindus SA to take over Banco Bamerindus do Brasil S.A. in March 1997 and the bank’s name was changed to HSBC Bank Brasil S.A. - Banco Múltiplo in 1999. It was HSBC's lead regional subsidiary in South America and as such it was the regional reporting line for several other countries. It was sold to Bradesco in June 2016. The bank is among the ten largest in