HSBC Bank Brasil S.A.- Banco Multiplo
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| HSBC Bank Brasil S.A. - Banco Múltiplo | |
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| Slogan | The world's local bank |
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| Type | Subsidiary of HSBC Holdings plc |
| Founded | 1952 |
| Headquarters | Curitiba, Brazil |
| Key people | Youssef Nasr, President |
| Industry | Finance and Insurance |
| Products | Financial Services |
| Employees | 28,000 |
| Website | www.hsbc.com.br |
HSBC Bank Brasil S.A. - Banco Múltiplo is HSBC's bank in Brazil and was established in March 1997, when Banco HSBC Bamerindus S.A. was set up to take over the assets, liabilities and subsidiaries of Banco Bamerindus do Brasil S.A., which had been established in 1952. By the time of its acquisition, the bank had almost 1,300 branches, plus insurance, leasing and securities businesses, among others. The bank’s name was changed to HSBC Bank Brasil S.A. - Banco Múltiplo in 1999. The headquarters are located in Curitiba. HSBC is now among the ten largest banks in Brazil, with more than 1,700 branches and sub-branches in 550 Brazilian cities.
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Corporate Directors: Baroness Dunn | Sir Brian Moffat | Stephen Green | Lord Butler of Brockwell | Raymond Ch'ien | John Coombe | Rona Fairhead | Douglas Flint | William Fung | Michael Geoghegan | Sharon Hintze | James Hughes-Hallett | Sir Mark Moody-Stuart | Stewart Newton | Simon Robertson | Helmut Sohmen | Sir Brian Williamson |
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Brands: The Bank of Bermuda | Beneficial | first direct | Hang Seng | HFC | HSBC | HSBC Bank International | HSBC Halbis Partners | HSBC Investments | HSBCnet | HSBC Premier | Marbles | M&S Money | Proa |
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Principal Local Banks: Argentina | Australia | Bermuda | Brazil | Canada | China | Egypt | France | Germany | Hong Kong | Malaysia | Middle East | Malta | Mexico | Poland | Turkey | United Kingdom | United States |
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Minority Stakes and Joint Ventures: Bank of Communications (19.9%) | Bank of Shanghai (8%) | HSBC Saudi Arabia Limited (60%) | Ping An (19.9%) | Techcombank (10%) | The Saudi British Bank (40%) | |
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Annual Group Revenue: $61.7 billion USD ( |
