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HSBC Bank (China) Company Limited

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    HSBC Bank (China) fined, confiscated 1.79 million yuan by PBOC over six violations including data security

    On August 31, 2026, HSBC Bank (China) received an administrative penalty decision from the People's Bank of China Shanghai Branch (Shanghai Yin Fa Zi [2026] No. 25) for violating six provisions covering financial statistics management, account management, credit information management, RMB circulation management, anti-counterfeit currency business management, and data security management. It was warned, had 532,500 yuan in illegal gains confiscated, and was fined 1.261 million yuan, totaling 1.7935 million yuan. This was its third regulatory penalty of the year; previously its Shenyang and Wuhan branches were fined for violations related to personal foreign exchange settlement and overseas direct investment registration, respectively. Impact and handling: HSBC China announced the penalty on its official website. Status: administrative penalty. Entity involved: HSBC Bank (China).

    Source

  2. Impersonation Fraud Warning