HSBC Private Bank (UK) Limited

HSBC Private Bank provides private banking, investments and wealth management products and services to high net worth individuals, their families, intermediaries, and trusts.

Services

Private Banking
Wealth Management

Financials

Total Assets (2017)
7 011.12 mln GBP  (+12.29%)
Annual Profit (2017)
18.55 mln GBP  (-66.02%)

HSBC Private Bank (UK) Limited is the 45th largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 7 011,12 mln GBP, providing the bank with the market share of 0.08%. In 2017 the bank's annual profit was 18,55 mln GBP.

HSBC Private Bank (UK) Limited participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Contacts

4th Floor, 10 Queen Street Place, EC3R 1BE, London, United Kingdom

HSBC Private Bank (UK) Limited is headquartered in London.

Bank Identifiers

MFI ID
GB2235
Company Number
00499482

Business Summary

Services
private banking
wealth management
Eligible Clients
private individuals
families
intermediaries
trusts

HSBC Private Bank (UK) Limited provides products and services in the areas of private banking, wealth management. HSBC Private Bank (UK) Limited makes its solutions available to private individuals, families, intermediaries, trusts.

Financial Positions

Total Assets (2017)
7 011.12 mln GBP  (+12.29%)

In 2017 total assets of HSBC Private Bank (UK) Limited were 7 011.12 mln GBP. Growth compared to the previous period (2016) was 12.29%. The evolution of the total assets of HSBC Private Bank (UK) Limited is shown at Chart 1 below.

Total Assets of HSBC Private Bank (UK) Limited.

Chart 1. Total Assets of HSBC Private Bank (UK) Limited.

Profit and Loss

Annual Profit (2017)
18.55 mln GBP  (-66.02%)

In 2017 annual profit of HSBC Private Bank (UK) Limited was 18.55 mln GBP. Decline compared to the previous period (2016) was -66.02%. The evolution of the annual profit of HSBC Private Bank (UK) Limited is shown at Chart 2 below.

Annual Profit of HSBC Private Bank (UK) Limited.

Chart 2. Annual Profit of HSBC Private Bank (UK) Limited.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
45th (market share 0.08%)

In 2017 HSBC Private Bank (UK) Limited was ranked the 45th largest bank in the United Kingdom in terms of total assets, having 0.08% of the domestic market share.

Market share of HSBC Private Bank (UK) Limited (among banks in the United Kingdom)

Chart 3. Market share of HSBC Private Bank (UK) Limited (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to HSBC Private Bank (UK) Limited are shown below.

RankNameTotal AssetsMarket Share
44 Northern Trust Global Services Ltd8704.50 mln EUR0.09%
45 HSBC Private Bank (UK) Limited7011.12 mln GBP0.08%
46 Charter Court Financial Services5926.20 mln GBP0.07%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of HSBC Private Bank (UK) Limited failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of HSBC Private Bank (UK) Limited is shown in the table below.

MFI ID  GB2235

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  00499482

European Presence: 7 banks in 7 countries

HSBC Private Bank (UK) Limited operates under the brand name HSBC Private Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Guernsey

Ireland

Luxembourg

Monaco

Sweden

Switzerland

United Kingdom

  •  (this bank) HSBC Private Bank (UK) Limited (London)

Defunct Banks: 1 bank in 1 country

The following banks operating under HSBC Private Bank brand name has been recently closed down:

Guernsey

Banking Products in the United Kingdom