Headquartered in Paris, HSBC Continental Europe is an indirectly held subsidiary of HSBC Holdings plc. HSBC Continental Europe includes, in addition to wholesale banking (commercial banking, global banking markets and securities services), insurance, asset management and private banking activities based in France, the business activities of European branches (Belgium, Czech Republic, Germany, Ireland, Italy, Luxembourg, Netherlands, Poland, Spain and Sweden) and subsidiaries in Malta and Luxembourg. HSBC Continental Europe’s mission is to serve both customers in Continental Europe for their needs worldwide and customers in other Group countries for their needs in Continental Europe.
The completion of the sale of Retail Banking Business in France in January 2024 marked a key milestone in HSBC Continental Europe’s transformation and allows the bank to focus on its international banking business model that comprises commercial banking, global banking, markets and securities services activities for corporate and institutional clients, as well as asset management and insurance, complemented by a targeted wealth and private banking business.
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