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| HSBC Bank Canada headquarters |
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HSBC Bank Canada is a subsidiary of HSBC Holdings plc, which is headquartered in London, U.K. It is the largest foreign-owned bank in the country and the seventh largest bank overall in Canada. With assets of approximately $72 billion (12/2010), HSBC Bank Canada has over 260 offices, including over 140 bank branches. In 2002, HSBC Holdings merged its Canadian and US operations to create a North American transnational bank. HSBC Bank USA of New York, with assets of US$87 billion, and HSBC Canada, with assets of C$34 billion, share some operating resources but remain separate units. In 2004, HSBC Bank Canada acquired Intesa Bank's Canadian unit, which had 11 branches. HSBC Canada head office is located at 885 West Georgia Street in Vancouver and executive offices for Eastern Canada are located at 70 York Street in Toronto. Samuel Minzberg is Chairman of the Board, Lindsay Gordon is President and Chief Executive Officer, and Sandra Stuart is Chief Operating Officer.
HSBC Canada subsidiaries
HSBC Financial Corporation Limited – A company offering consumer loans, mortgages and private-label credit cards through its subsidiaries HSBC Finance Corporation Canada, HSBC Finance Mortgages Inc. and HSBC Retail Services Limited and offering credit and deposit products through Household Trust Company. HSBC Global Asset Management (Canada) Limited – An investment fund manager, portfolio manager and exempt market dealer in all Canadian provinces except for Prince Edward Island, and the manager and primary investment advisor for the HSBC Mutual Funds and HSBC Pooled Funds. It offers its services in all Canadian provinces except Prince Edward Island.. HSBC Insurance Agency (Canada) Inc. – A company offering life and health insurance products to clients in Alberta, British Columbia, Saskatchewan, Ontario, Quebec and Nova Scotia. HSBC Investment Funds (Canada) Inc. – A mutual fund dealer and the principal distributor of the HSBC Mutual Funds offering its services in all Canadian provinces except Prince Edward Island. HSBC Mortgage Corporation (Canada) – A federally regulated mortgage and loan company offering its services across Canada. HSBC Securities (Canada) Inc. – A full service brokerage firm offering its services across the country, including online brokerage services through its division, HSBC InvestDirect. No investment advice is provided or suitability review conducted on accounts held at the HSBC InvestDirect division. HSBC Trust Company (Canada) – A federally regulated trust company offering its services across Canada except for Prince Edward Island.
Address: 100-885 West Georgia Street Vancouver, BC V6C 3E9 Phone: +1 604 685 1000 Fax: +1 604 641 3062 Toll-free in Canada: 1-866-808-4722 (HSBC) Website: www.hsbc.ca
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