Mercantile Bank Of India, London And China
The Mercantile Bank of India, London and China, later Mercantile Bank Ltd (), was an Anglo-Indian bank with business focus in the Far East. It was founded in Bombay in 1853 as the Mercantile Bank of Bombay; and later in 1857 was renamed to Mercantile Bank of India, London, and China with London as its headquarters. By 1959, through a series of mergers and divisions, its name had been shortened to 'Mercantile Bank, Ltd', and was acquired by HSBC the same year. The bank was an issuer of Hong Kong bank notes until 1974. History Early years : 1853–1900 The historic bank started life in October 1853 as the Mercantile Bank of Bombay, taking the name of the city, Bombay, where it was founded. It expanded its operations to the Far East in November 1854 with the opening of an office in Shanghai. In 1857, the bank was granted a royal charter, and it established a presence in Hong Kong. The name was late changed to the Mercantile Bank of India, London and China, and it moved its headq ...
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The Hong Kong And Shanghai Banking Corporation
The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiary, subsidiaries of the London-based HSBC Holdings PLC. The com ...
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Federated Malay States
)Under God's Protection , capital = Kuala Lumpur1 , religion = Islam , legislature = Federal Legislative Council , type_house1 = State level , common_languages = , title_leader = Monarch , leader1 = Victoria , year_leader1 = 1895–1901 (first) , leader2 = George VI , year_leader2 = 1936–1946 (last) , title_deputy = Resident General , deputy1 = Sir Frank Swettenham , year_deputy1 = 1896–1901 (first) , deputy2 =Hugh Fraser , year_deputy2 = 1939-1942 (last) , stat_pop2 = 1,597,700 , stat_year2 = 1933 , currency = Straits dollar until 1939Malayan dollar until 1953 , today = Malaysia * Perak *Selangor *Kuala Lumpur * Putrajaya * Negeri Sembilan *Pahang , footnotes = 1 Also the state capital of Selangor ² Malay using Jawi (Arabic) script ³ Later Chief Secretaries to the Government and Federal Secretaries The Federated Malay Sta ...
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Defunct Banks Of Hong Kong
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Defunct Banks Of India
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Banknotes Of The Hong Kong Dollar
The issue of banknotes of the Hong Kong dollar is governed in the Special Administrative Region of Hong Kong by the Hong Kong Monetary Authority (HKMA), the governmental currency board of Hong Kong. Under licence from the HKMA, three commercial banks issue their own banknotes for general circulation in the region. Notes are also issued by the HKMA itself. In most countries of the world the issue of banknotes is handled exclusively by a single central bank or government. The arrangements in Hong Kong are unusual but not unique, as a comparable system is used in the United Kingdom where seven commercial banks issue banknotes (three in Scotland and four in Northern Ireland) and Macau where two banks issue banknotes. Hong Kong banknotes in everyday circulation are issued in denominations of $10, $20, $50, $100, $500 and $1,000. The total value of banknotes in circulation in Hong Kong can be found in thHKMA Monthly Statistical Bulletinand th History Origins till 1900 In the 1860 ...
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Mercantile Bank (other)
Mercantile Bank may refer to: * Mercantile Bank (Bangladesh), a bank founded in Dhaka in 1999 * Mercantile Bank (South Africa), a bank founded in Sandown, Johannesburg in 1965 * Mercantile Bank, now TD Bank, a Florida subsidiary of South Financial Group * Mercantile Bank of India, London and China, a British bank founded in 1853, acquired by HSBC in 1959 See also * Mercantile Bancorporation, a holding company in Missouri, acquired by Firstar Corporation in 1999 * Mercantile Bankshares, a Maryland company acquired by PNC Financial Services in 2007 * Mercantile Discount Bank Mercantile Discount Bank ( he, בנק מרכנתיל דיסקונט בע"מ) is a major commercial bank in Israel, and is a subsidiary of Israel Discount Bank. It is the sixth largest bank in Israel. Controversies Involvement in Israeli sett ...

Sino-British Joint Declaration
The Sino-British Joint Declaration is a treaty between the governments of the United Kingdom and China signed in 1984 setting the conditions in which Hong Kong was transferred to Chinese control and for the governance of the territory after 1 July 1997. Hong Kong had been a colony of the British Empire since 1842 after the First Opium War and its territory was expanded on two occasions; first in 1860 with the addition of Kowloon Peninsula and Stonecutters Island, and again in 1898 when Britain obtained a 99-year lease for the New Territories. The date of the handover in 1997 marked the end of this lease. The Chinese government declared in the treaty its basic policies for governing Hong Kong after the transfer. A special administrative region would be established in the territory that would be self-governing with a high degree of autonomy, except in foreign affairs and defence. Hong Kong would maintain its existing governing and economic systems separate from that of main ...
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HSBC Group
HSBC Holdings plc is a British multinational corporation, multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custodian bank, custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a Hong (business), hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Fo ...
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Communist Party Of China
The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil War against the Kuomintang, and, in 1949, Mao proclaimed the establishment of the People's Republic of China. Since then, the CCP has governed China with eight smaller parties within its United Front and has sole control over the People's Liberation Army (PLA). Each successive leader of the CCP has added their own theories to the party's constitution, which outlines the ideological beliefs of the party, collectively referred to as socialism with Chinese characteristics. As of 2022, the CCP has more than 96 million members, making it the second largest political party by party membership in the world after India's Bharatiya Janata Party. The Chinese public generally refers to the CCP as simply "the Party". In 1921, Chen Duxiu and Li Da ...
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Second World War
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Royal Charter
A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, but since the 14th century have only been used in place of private acts to grant a right or power to an individual or a body corporate. They were, and are still, used to establish significant organisations such as boroughs (with municipal charters), universities and learned societies. Charters should be distinguished from royal warrants of appointment, grants of arms and other forms of letters patent, such as those granting an organisation the right to use the word "royal" in their name or granting city status, which do not have legislative effect. The British monarchy has issued over 1,000 royal charters. Of these about 750 remain in existence. The earliest charter recorded on the UK government's list was granted to the University of C ...
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Panic Of 1893
The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy, and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley. Causes The Panic of 1893 has been traced to many causes, one of those points to Argentina; investment was encouraged by the Argentine agent bank, Baring Brothers. However, the 1890 wheat crop failure and a failed coup in Buenos Aires ended further investments. In addition, speculations in South African and Australian properties also collapsed. Because European investors were concerned that these problems might spread, they started a run on gold in the U.S. Treasury. Specie was considered more valuable than paper money; when people were uncertain about the future, they hoarded specie and rejected paper notes.Nelson, Scott Reynolds. 2012. A Nation of Deadbeats. New York: Alfred Knopf, p. 189. During the Gi ...
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