HSBC CONTINENTAL EUROPE

HSBC Continental Europe is a French credit institution and the principal European Union banking subsidiary of HSBC Holdings plc, headquartered in Paris and formed from the former HSBC France, which was renamed in 2020. It consolidates much of the group’s EU activity through branches across several EU jurisdictions while certain businesses in Europe continue to operate via separate legal entities (for example, Germany). The bank’s core lines include corporate and institutional banking, global markets, transaction banking (payments, cash management, trade and receivables finance), securities services, and selected wealth and private banking activities. It historically operated a domestic retail network in France; a proposed sale of the French retail banking business to My Money Group was terminated in 2024, and the group has since set out plans to exit retail banking in France via an orderly wind‑down, subject to consultation and regulatory processes. HSBC Continental Europe is authorized in France and supervised by the European Central Bank under the Single Supervisory Mechanism, with the French Prudential Supervision and Resolution Authority (ACPR) as national competent authority; it is also within the scope of the Single Resolution Mechanism and subject to minimum requirements for own funds and eligible liabilities (MREL). Eligible deposits taken in France are covered by the French deposit guarantee scheme (FGDR) up to €100,000 per depositor per institution, with investor compensation coverage under FGDR rules; deposits at its EU branches are protected by the French scheme as home‑state coverage. The bank prepares IFRS financial statements and Pillar 3 disclosures and is subject to the EU CRR/CRD prudential framework, market conduct and securities rules, and AML/CTF requirements. It participates in SEPA and TARGET services and provides payments, trade, and custody capabilities in euros and other currencies. Product availability, account opening, and service terms vary by country and client segment and are affected by the ongoing restructuring of French retail activities; counterparties should refer to current customer communications, regulatory filings, and the entity’s own credit ratings and documentation for up‑to‑date information.