Founded in 1880, HSBC Bank is a global universal bank providing various banking and financial services worldwide. HSBC Bank offers products and services in the following segments: retail banking and wealth management, commercial banking, global banking and markets, and global private banking.
HSBC Bank Brasil S.A. - Banco Multiplo has Category B banking license number 98035 issued by the Cayman Islands Monetary Authority. This type of license allows HSBC Bank Brasil S.A. - Banco Multiplo to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of HSBC Bank Brasil S.A. - Banco Multiplo failure its depositors will not get any compensation.