HSBC Private Bank (Suisse)
HSBC Private Bank (Suisse) S.A. was established in 1988 as Republic National Bank of New York (Suisse) S.A.. It was the subsidiary of Republic New York. In 1999, it became a part of HSBC Holdings Plc following the acquisition of Republic New York. The bank changed its name to HSBC Republic Bank (Suisse) and then to HSBC Private Bank (Suisse). HSBC Private Banking Holdings (Suisse) owns 94.5% of the bank shares and HSBC Bank USA N.A. owns the remaining shares (Republic New York was merged with HSBC Bank USA).
Read more about this topic: HSBC Private Bank
Famous quotes containing the words private and/or bank:
“We feel public misfortunes just so far as they affect our private circumstances, and nothing of this nature appeals more directly to us than the loss of money.”
—Titus Livius (Livy)
“People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.”
—Katharine Whitehorn (b. 1926)