HSBC is a renowned global banking and financial services brand that traces its roots back to its parent company, The Hongkong and Shanghai Banking Corporation Limited. The parent company was established in 1865 by a Scottish businessman named Sir Thomas Sutherland. Sutherland, born in 1834 in Fraserburgh, Scotland, had a successful career working for the Peninsular and Oriental Steam Navigation Company (P&O) before being appointed the founding chairman of HSBC. The bank was originally set up to facilitate trade between China and Europe and quickly expanded its operations.
Sir Thomas Sutherland played a significant role in the growth and success of HSBC. His extensive connections and expertise in international trade helped establish the bank as a major player in global finance. Sutherland’s background as a shipping magnate with P&O proved invaluable in expanding HSBC’s influence across continents. Beyond his contributions to HSBC, he was also a recognized figure in the shipping industry, known for his leadership and vision. Sir Thomas Sutherland’s legacy includes his efforts to promote trade and commerce between East and West, leaving an indelible mark on the financial landscape and establishing HSBC as one of the world’s leading banks.
See also: Wells Fargo’s Connections to Israel
HSBC presence in USA
Based on the information provided, we require additional supporting data to address the question of whether HSBC supports Israeli activities and its involvement in the occupation of Palestinian territories. Below, you’ll find the results of our more in-depth review in the following analysis.
HSBC’s Alleged Affiliation with Israel
In the midst of the enduring conflicts between Israel and Palestine, consumers are actively seeking ways to stand in solidarity with the Palestinian people. A significant strategy involves boycotting products proven to provide moral or material support to the Israeli authorities. Notably, refraining from purchasing items connected to HSBC becomes a tangible means to resist the Israeli occupation in Palestinian territories.
While HSBC might not feature on the official BDS Movement boycott list, the boycott.thewitness.news website includes this company as being associated with the Israeli occupation. Furthermore, the evidence presented below strongly indicates its involvement in supporting Israeli activities against the Palestinian population.
To access a list of other companies affiliated with Israel or originating from Israel, follow these steps:
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- Uncover detailed insights into the brand’s affiliation with Israel.
This concise guide enables you to access in-depth information about HSBC’s connections with Israel and discover suitable alternatives.
HSBC presence in Europe
The details at hand pertain to HSBC’s position on Israel. Moreover, you can revisit our earlier published article for a detailed list of companies associated with Israel or explore pro-Israel brands systematically sorted across different business sectors through the links below.
In conclusion, the aforementioned review offers a thorough understanding of the association between the HSBC brand and its stance regarding Israel. For a more profound exploration of this subject, one can refer to dedicated platforms like whoprofits.org, which delve into companies benefiting from the Israeli occupation of Palestine.
Additionally, consulting official documents from the United Nations can provide valuable insights into the matter. This comprehensive approach ensures a well-informed perspective on the complex interplay between businesses, geopolitics, and societal issues in the region.
