HSBC Holdings plc (commonly known as HSBC) is a multinational banking and financial services company headquartered in London, United Kingdom. As of 2012, it was the world's third-largest publicly held bank and sixth-largest public company, according to a composite measure by Forbes magazine. HSBC is a universal bank and is organised within four business groups: Commercial Banking; Global Banking and Markets; Retail Banking and Wealth Management; and Global Private Banking.
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Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology.