Is HSBC Canada closing down?
HSBC won't close Canadian branches amid 35,000 global job cuts.
Is HSBC Canada a good bank?
HSBC – Best for Local & Global Banking Needs
HSBC Bank Canada has one of the most impressive international reaches among all the major banks in Canada, ranking as the 7th largest bank in the world by total assets according to S&P's Global Market Intelligence report in 2019.
Is HSBC in trouble?
HSBC now risks being caught in deepening turmoil after a swirl of trouble over the past year amid political unrest and an economic slump in its biggest market, Hong Kong. It also faces difficulties in navigating low interest rates and surging loan losses sparked by the global pandemic.
Can I open a Hong Kong bank account from Canada?
You won't need to be a permanent resident to open an account, but you will need a Hong Kong ID card if you plan to stay for more than 180 days. ... Whether you use your passport or Hong Kong ID card, you'll also need to take your proof of address and a valid visa too.