HSBC Bank: who owns it, who runs it and what the accounts show

HSBC Bank plc is HSBC's non-ring-fenced bank in the UK, serving large companies, institutions and governments rather than high-street customers, whose accounts sit with the separate HSBC UK Bank. It provides corporate lending, trade finance, cash management, markets and investment banking, and runs much of the group's business in Europe. It makes money from interest margins, fees and trading. It is part of HSBC Holdings, which is listed in London and Hong Kong.

In brief: corporate and investment bank · non-ring-fenced · part of HSBC group

The Companies House register records Hsbc Holdings Plc as the person with significant control of HSBC Bank PLC, company number 00014259. Hsbc Holdings Plc is itself company number 00617987. It holds 75% or more of the shares or voting rights. The control was notified on 21 June 2021.

That places HSBC Bank PLC inside a larger group. Its accounts are group accounts, covering the companies it owns as well.

The Companies House register lists 12 current officers for HSBC Bank PLC.

HSBC Bank PLC reported turnover of £23,379m in the year to December 2025. That was down 14.6% on £27,385m the year before.

It reported 10,210 employees. The year before it reported 11,456.

It filed a pre-tax loss of £119m for the year, against a pre-tax profit of £2,068m the year before.

Staff costs came to £1,983m. That is an average of £194,000 a head. It ended the year with £101,443m at the bank and net assets of £25,801m. It paid dividends of £1,951m.

HSBC Bank PLC has registered 36 charges at Companies House, of which 34 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.