In 1865, HSBC was founded to finance the growing trade between China and Europe. The Hong Kong and Shanghai Banking Corporation was the bank’s founding name, and it was headquartered in Hong Kong. HSBC expanded its activities to include branches in London and New York in the early twentieth century.HSBC is now one of the world’s largest banks, with over 7,500 branches in 87 countries. The bank employs over 240,000 people and services over 46 million customers.Despite its global reach, HSBC has a significant presence in Hong Kong and Shanghai. The bank is committed to assisting the expansion of these two dynamic cities and has made significant investments in their infrastructure.HSBC is a significant contributor to the economies of Hong Kong and Shanghai, as well as a key player in the growth of these two cities.