Are there hsbc atms in spain

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Pressure on HSBC increased during the pro-democracy protests that shook Hong Kong in the second half of , and when China imposed a tough national security law in the city in During the protests, Chinese social media users lashed out at the bank, alleging one of its employees had criticized the actions of the Hong Kong police in an online post — a controversy that was covered by state media.

The criticism from Beijing has been withering. In another sign of displeasure, Chinese regulators in Shanghai last August fined the bank and three senior HSBC bankers on the mainland, and in a rare move publicized their names.

In the middle of last year, Chinese regulators also stopped holding one-on-one meetings with senior HSBC bankers, according to two mainland employees at the lender with direct knowledge of the matter.

Reuters pieced together the campaign to humble HSBC, whose financial future depends on China, through interviews with more than 20 employees at state-owned companies, over 50 current and former bank employees, and several staff members at competing lenders. All spoke on condition of anonymity. In interviews with Reuters, bankers at HSBC said the broader campaign against the bank in China curtailed efforts to expand its business: freezing it out of bond issuances, stymying its access to retail customers and locking it out of pitches for syndicated loans — lending done by groups of banks.

Standard Chartered PLC, a British archrival of HSBC with a similarly long presence in the region, saw an increase in total proceeds from its China syndicated loans in , according to the data. HSBC has little choice but to tough it out. As the biggest foreign lender in China, enjoying long relationships with some of its largest firms, HSBC plays an important role in providing credit, foreign exchange options, and bond- and equity-underwriting services to Chinese businesses abroad.

It opened in Hong Kong in March of Its Shanghai operations started a month later. In it was the first foreign recipient of a banking license after mainland China re-opened to the world. The next website will open in a new browser window or tab. Our company. Our company Company history Purpose, values and strategy Sustainability. HSBC in Spain.