Description
Headquartered in Paris, HSBC Continental Europe is an indirectly held subsidiary of HSBC Holdings plc. HSBC Continental Europe principally comprises, in addition to its corporate and investment banking (CIB) and asset management activities based in France, the business activities of 10 European branches (in Belgium, Czech Republic, Germany, Ireland, Italy, Luxembourg, Netherlands, Poland, Spain and Sweden) and two bank subsidiaries in Continental Europe (in Luxembourg and Malta). HSBC Continental Europe aims to become the leading international corporate and investment bank in Continental Europe, to support the growth of its international corporate and institutional clients, complemented by a targeted wealth and private banking offering.
The completion of the sale of the 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 corporate and investment banking business model. This comprises of corporate banking, investment banking, markets and securities services activities for corporate and institutional clients, as well as asset management, complemented by a targeted wealth and private banking business.