HSBC in New Zealand

HSBC was the first overseas bank to be granted a banking licence in New Zealand, in 1987, following deregulation of the country’s financial markets in the same year.

HSBC initially opened its head office in New Zealand in Wellington, but moved it to Auckland in 1989 while retaining an office in the capital. The bank provides a wide range of banking services in New Zealand via three global businesses: Commercial Banking, Wealth and Personal Banking, and Global Banking and Markets.

HSBC operates in New Zealand as a branch of The Hongkong and Shanghai Banking Corporation Limited, incorporated in Hong Kong SAR.

In August 2017, HSBC New Zealand became the 29th organisation in New Zealand to attain the Rainbow Tick accreditation, a confidence mark designed to show that an organisation is a safe, welcoming and inclusive workplace for people of diverse sexual orientations and gender identities.

Disclosure statements

2023

31 Dec 2023 Disclosure statement for the year ended 31 December 2023 English PDF 640.93 KB

30 Jun 2023 Disclosure statement for the six months ended 30 June 2023 English PDF 668.23 KB

2022

31 Dec 2022 Disclosure statement for the year ended 31 December 2022 English PDF 1.03 MB

30 Jun 2022 Disclosure statement for the six months ended 30 June 2022 English PDF 466.95 KB

2021

31 Dec 2021 Disclosure statement for the year ended 31 December 2021 English PDF 928.92 KB

30 Jun 2021 Disclosure statement for the six months ended 30 June 2021 English PDF 1.32 MB

2020

31 Dec 2020 Disclosure statement for the year ended 31 December 2020 English PDF 898.24 KB

30 Jun 2020 Disclosure statement for the six months ended 30 June 2020 English PDF 499.08 KB

2019

31 Dec 2019 Disclosure statement for the year ended 31 December 2019 English PDF 732.28 KB

30 Jun 2019 Disclosure statement for the six months ended 30 June 2019 English PDF 1.08 MB

2018

31 Dec 2018 Disclosure statement for the year ended 31 December 2018 English PDF 983.06 KB

30 Jun 2018 Disclosure Statement for the six months ended 30 June 2018 English PDF 717.05 KB

2017

31 Dec 2017 Disclosure statement for the year ended 31 December 2017 English PDF 1.15 MB

30 Sep 2017 Disclosure statement for the nine months ended 30 September 2017 English PDF 347.50 KB

30 Jun 2017 Disclosure statement for the six months ended 30 June 2017 English PDF 628.69 KB

31 Mar 2017 Disclosure statement for the three months ended 31 March 2017 English PDF 349.51 KB

2016

31 Dec 2016 Disclosure Statement for the year ended 31 December 2016 English PDF 1.03 MB

30 Sep 2016 Disclosure Statement for the nine months ended 30 September 2016 English PDF 130.04 KB

30 Jun 2016 Disclosure Statement for the six months ended 30 June 2016 English PDF 250.42 KB

31 Mar 2016 Disclosure statement for the three months ended 31 March 2016 English PDF 125.38 KB

2015

31 Dec 2015 Disclosure Statement for the year ended 31 December 2015 English PDF 1.15 MB

30 Sep 2015 Disclosure Statement for the nine months ended 30 September 2015 English PDF 363.96 KB

30 Jun 2015 Disclosure Statement for the six months ended 30 June 2015 English PDF 1.14 MB

31 Mar 2015 Disclosure Statement for the three months ended 31 March 2015 English PDF 626.95 KB

2014

31 Dec 2014 Disclosure Statement for the year ended 31 December 2014 English PDF 1.57 MB

30 Sep 2014 Disclosure Statement for the nine months ended 30 September 2014 English PDF 634.53 KB

30 Jun 2014 Disclosure Statement for the six months ended 30 June 2014 English PDF 1.10 MB

31 Mar 2014 Disclosure Statement for the three months ended 31 March 2014 English PDF 630.66 KB

2013

31 Dec 2013 Disclosure Statement for the year ended 31 December 2013 English PDF 1.62 MB

30 Sep 2013 Disclosure Statement for the nine months ended 30 September 2013 English PDF 631.35 KB

30 Jun 2013 Disclosure Statement for the six months ended 30 June 2013 English PDF 862.37 KB

31 Mar 2013 Disclosure Statement for the three months ended 31 March 2013 English PDF 442.27 KB

2012

31 Dec 2012 Disclosure Statement For the year ended 31 December 2012 English PDF 1.39 MB

30 Sep 2012 Disclosure Statement for the nine months ended 30 September 2012 English PDF 206.49 KB

30 Jun 2012 Disclosure Statement for the six months ended 30 June 2012 English PDF 165.12 KB

31 Mar 2012 Disclosure Statement for the three months ended 31 March 2012 English PDF 96.20 KB

Read financial and regulatory reports for The Hongkong and Shanghai Banking Corporation Limited on the
Subsidiary company reporting page of our global corporate website.

Management team

Executive Committee of HSBC New Zealand

Burcu Senel

Chief Executive Officer

Jarron Boulter

Country Head of Wholesale Banking

Martine Milicich

Country Head of Wealth and Personal Banking

Scott Dalziel

Chief Operating Officer

Irene Page

Chief Risk and Compliance Officer

Alisha Cochrane

Head of Finance

Erika Carvouni

Head of Human Resources, Australia and New Zealand

Daniel Kalman

General Counsel

Belinda Skurnik

Head of Communications, Australia and New Zealand

HSBC Group history timeline

1865

2024

Hong Kong harbour, Chinese artist, early 1860s

Staff in Fuzhou, China, 1887

Portrait of Thomas Jackson, around 1890

Chinese railway bond certificate, 1907

Staff in military uniform, First World War

Hong Kong building, 1965

Prison camp diary of HSBC staff member Max Haymes, 1943

Hong Kong garment factory, around 1950

Persian banknote, early 20th century

UK cash machine, around 1970

HSBC office, New York, 1999

HSBC lion, London, present day

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The Hongkong and Shanghai Banking Corporation Limited opened in Hong Kong on 3 March 1865 and in Shanghai one month later. It was the first locally owned bank to operate according to Scottish banking principles.

By 1875 HSBC was present in seven countries across Asia, Europe and North America. It financed the export of tea and silk from China, cotton and jute from India, sugar from the Philippines and rice and silk from Vietnam.

By 1900, after strong growth under Chief Manager Thomas Jackson, the bank had expanded into 16 countries and was financing trade across the world. Bullion, exchange and merchant banking were important features of the bank’s business.

In the early 20th century, HSBC widened the scope of its activities in Asia. It issued loans to national governments to finance modernisation and infrastructure projects such as railway building.

The First World War brought disruption and dislocation to many businesses. By the 1920s, however, Asia was beginning to prosper again as new industries developed and trade in commodities such as rubber and tin soared.

The 1930s brought recession and turmoil to many markets. Nonetheless, HSBC asked architects Palmer and Turner to design a new head office in Hong Kong: “Please build us the best bank in the world.” The cutting-edge art deco building opened in 1935.

The bank faced one of its most challenging times during the Second World War. Staff in Asia showed huge courage in the face of adversity. Many became prisoners of war. Only the London, Indian and US branches remained in full operation.

At the end of the war, HSBC took on a key role in the reconstruction of the Hong Kong economy. Its support helped established manufacturers as well as newcomers to Hong Kong grow their business.

By the 1970s the bank had expanded through acquisition. HSBC bought Mercantile Bank and The British Bank of the Middle East in 1959. In 1972 it formed a merchant banking arm, extending its range of services.

In the 1980s HSBC bought Marine Midland Bank in the US. In 1992, the newly created HSBC Holdings plc made a recommended offer for full ownership of the UK’s Midland Bank. Following the acquisition, HSBC moved its headquarters to London.

In 1998, the bank announced it would adopt a unified brand, using HSBC and the hexagon symbol everywhere it operated.

Our purpose – Opening up a world of opportunity – explains why we exist. We’re here to use our unique expertise, capabilities, breadth and perspectives, opening up a world of opportunity for our customers.