HSBC Bank plc

HSBC Bank plc

HSBC Bank PLC provides banking and financial services. The Bank offers personal and business banking, home loans, borrowing, investments, insurance, non-resident services, and online banking services. HSBC Bank serves clients globally.

Non-ringfenced bank

This bank is a non-ringfenced bank. Ringfencing came into effect in the UK on 1 January 2019. The aim of ringfencing is to protect UK retail banking from shocks originating elsewhere in the group and in global financial markets. It requires the largest banking groups to separate core retail banking services (ringfenced) from activities such as investment and international banking (non-ringfenced).

For more information please refer to:
https://www.bankofengland.co.uk/prudential-regulation/key-initiatives/ring-fencing