HSBC - Hong Kong Shanghai Bank Company
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
15 replies 2.8K views
I have recently opened an ISA with HSBC but have only just realised what the HSBC stands for. Now I am worried that, if something were to go wrong with HSBC, with it being a foreign bank, would my money be as safe as it would be if is was in a UK bank? Also, I have money saved in a First Difrect bank accountm which is part of HSBC, so would that not be as safe either?
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