HSBC Holdings plc is a worldwide financial services company in Canary Wharf, London, UK. By 2010 it's the sixth largest bank or investment company on the globe and the Financial Services Group and the company ranked eighth is a composite measure of Forbes magazine. On June 30, 2010, it experienced total belongings of 2. 418 trillion U. S. us dollars, about half in European countries, fourth in the U. S. and 25 % was at Asia. HSBC Holdings plc was founded in 1991 in London with the Hong Kong and Shanghai Banking Corporation, to serve as a new group Holding Company and also to permit the acquisition of Uk Midland Bank. The lender origins in Hong Kong and Shanghai where the branch was opened in 1865. HSBC is a universal bank.