On the Record · HSBC Bank
HSBC Bank acquisitions, on the record
The businesses HSBC Bank bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
retail banking operations in FranceWord for word“HBCE signed a framework agreement with Promontoria MMB SAS (‘My Money Group’) and its subsidiary Banque des Caraïbes SA, for the sale of its retail banking business in France.” 20-F for 2022 | agreed divestiture | — | — |
branch operations in GreeceWord for word“On 24 May 2022, HSBC Continental Europe signed a sale and purchase agreement for the sale of its branch operations in Greece to Pancreta Bank SA.” 20-F for 2022 | agreed divestiture | — | — |
Guernsey Private Banking businessWord for word“in July 2023, we transferred the Guernsey Private Banking business from HSBC Bank plc to HSBC Private Bank (Suisse) SA ('PBRS').” 20-F for 2023 | divestiture | July 2023 | — |
French retail banking operationsWord for word“On 1 January 2024, HBCE completed the sale of its French retail banking operations.” 20-F for 2024 | divestiture | On 1 January 2024 | — |
Private banking business in GermanyWord for word“On 23 September 2024, HBCE reached an agreement to sell its private banking business in Germany to BNP Paribas.” 20-F for 2024 | agreed divestiture | On 23 September 2024 | — |
Read from HSBC Bank’s annual reports (20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2025-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.