British multinational investment bank and financial services
HSBC, acronym from The Hongkong and Shanghai Banking Corporation, is a British financial services group headquartered in London. It is the largest Europe-based bank by total assets. Founded in 1865 in Hong Kong, HSBC has a multinational presence with offices in 62 countries, serving around 39 million customers. The bank has faced controversies and fines for money laundering and tax avoidance.