HSBC UK

HSBC UK Bank plc

HSBC UK head office at One Centenary Square, Birmingham
Formerly	HSBC UK RFB Limited (2015–2017) HSBC UK RFB Plc (8–21 August 2017)[1]
Company type	Subsidiary
Industry	Finance and insurance
Predecessor	Midland Bank
Founded	22 August 1836; 187 years ago (1836-08-22) in Birmingham, Great Britain (as the Birmingham and Midland Bank) 1 January 2018; 6 years ago (2018-01-01) (rebranded as HSBC UK)
Headquarters	1 Centenary Square, Birmingham, England, UK
Key people	Dame Clara Furse (Chairman) Ian Stuart (Chief Executive)
Products	Financial services
Number of employees	85,000 (including its subsidiaries)
Parent	HSBC Holdings
Website	hsbc.co.uk

HSBC UK Bank plc is a British multinational banking and financial services organisation based in Birmingham, England. It is a wholly owned subsidiary of the global HSBC banking and financial group, which has been headquartered in London since 1993. The UK headquarters of HSBC is located at One Centenary Square in Birmingham.

HSBC UK Bank plc is one of the four major clearing banks in the United Kingdom. The business ranges from the traditional high street roles of personal finance and commercial banking, to private banking, consumer finance as well as corporate and investment banking. Across all brands the bank operates some 1800 sites in the UK.

HSBC UK Bank plc is the only one of Britain's big five banks to hold more deposits than loans (loan:deposit ratio of 90%).^[2] This has led to the bank being seen as a less risky proposition than the other banks by investors and customers, as it is able to fully fund its own operations. This also contributed to the company's share price maintaining value throughout the credit crunch, unlike other banks in the market.