Users' questions

How did the red hexagon became the icon of HSBC?

How did the red hexagon became the icon of HSBC?

HSBC’s red and white hexagon symbol was developed from the bank’s original house flag which was in turn based on the cross of St Andrew. The comic author P G Wodehouse, creator of Jeeves and Wooster, spent two years working at HSBC’s London office.

Who designed the HSBC logo?

The current HSBC logo was unveiled by The Hongkong and Shanghai Banking Corporation in 1983. It was designed by Henry Steiner, a famous Austrian graphic designer who also created such powerful brand identities as Standard Chartered Bank, Unilever, Hilton Hotels, Hyatt Regency and Dow Jones.

Why are there triangles in the HSBC logo?

This grid was the basis of the many ‘hong’ company flags which were started in 19th century Hong Kong. Upon analyzing the look of the flag I decided that the rectangular shape would work better as a square, with two more red triangles containing the internal white ones. Red and white were the Bank’s colors.

What is the HSBC bank logo?

The HSBC logo hexagon symbol was originally adopted by the Hongkong and Shanghai Banking Corporation as its logo in 1983. It was developed from the bank’s house flag, a white rectangle divided diagonally to produce a red hourglass shape. The logo was designed by Austrian graphic artist Henry Steiner.

Is HSBC a safe bank?

Like any major U.S. bank, HSBC Bank is a member of the FDIC, which means your accounts will be protected by deposit insurance. However, HSBC is somewhat limited in the U.S. and isn’t the strongest option for domestic banking if you don’t live within its service footprint.

Why is HSBC a British bank?

HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company’s initials….HSBC.

HSBC headquarters at Canary Wharf, London
Industry Financial services

Who is HSBC bank owned by?

the Hongkong and Shanghai Banking Corporation Limited
HSBC Bank (China) Company Limited started operations on 2 April 2007 as a locally incorporated foreign bank. It is owned by the Hongkong and Shanghai Banking Corporation Limited, the founding member of the HSBC Group, which was established in Hong Kong and Shanghai in 1865.

How many triangles are in the HSBC logo?

The hexagon is the main visual element of the HSBC brand identity. The geometric structure consists of four red triangles and two white triangles.

What is HSBC full form?

Hongkong and Shanghai Banking Corporation
The Hongkong and Shanghai Banking Corporation/Full name

Which country owns HSBC Bank?

Hong Kong
It is part of the worldwide HSBC Group and is wholly owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited….HSBC Bank (China)

Type Private
Key people Vincent Cheng (Chairman) Helen Wong (President and CEO)
Products Financial services
Number of employees 5,500
Parent The Hongkong and Shanghai Banking Corporation

Is HSBC the worst bank?

Factoring in complaints, penalties and responsiveness to customer problems, the worst bank is Bank of America, according to a report from consumer finance site ValuePenguin. B of A ranked No….More videos:

Bank HSBC North America Holdings Inc.
Responsiveness Rank 47
Complaints Rank 38
Regulatory Penalties Rank 47

What are the negatives of HSBC?

Present in only eight states and the District of Columbia with fewer than 150 branches.

  • Low APYs on interest-bearing checking accounts.
  • Overdraft protection possibly more than insufficient funds fees.
  • HSBC and HSBC Direct unconnected online.
  • The number of ATMs isn’t available online.