Page 139 - Bank Case Studies

"The Hongkong and

Shanghai Bank" was

founded by Scotsman

Sir Thomas

Sutherland in the

then British colony of

Hong Kong on 3 March 1865, and in Shanghai a month later,

benefiting from the start of trading into China, including
opium trading. It was formally incorporated as "The

Hongkong and Shanghai Banking Corporation" by an
Ordinance of the Legislative Council of Hong Kong on 14

August 1866. The bank considers both London and Hong

Kong as its home bases, though the Americas, Asia Pacific

and Europe each represent around one third of its business.

“Our values

Our values define who we are as an organisation and

make us distinctive.

Dependable

We are dependable, standing firm for what is right and

delivering on commitments.

Open

We are open to different ideas and cultures, and value

diverse perspectives.

Connected

We are connected to our customers, communities,
regulators and each other, caring about individuals and

their progress.” (12)