Caixin
Sep 24, 2010 06:09 PM

HSBC's Debt to Sir Thomas Jackson

Amidst the decay of the Qing government and foreign incursions into China, the Hong Kong Shanghai Banking Corporation, a British bank based in Hong Kong, expanded colonial Britain's reach while facilitating the Qing Dynasty's fiscal descent. HSBC is now the leading lender in China's financial markets. Its earliest days began under the leadership of Sir Thomas Jackson, who led the bank from 1876-1902.

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