HSBC in Italy

HSBC has operated in Italy since 1995. We offer a wide range of banking services through our branch in Milan.

Our clients are large domestic firms, medium sized businesses with international operations, local branches of multinational companies, financial institutions and the public sector.

HSBC's services in Italy include corporate credit and lending, trade and receivables financing, cash management, interest rates and foreign exchange risk management. We also operate in capital markets (equity and debt), as well as in mergers and acquisitions (M&A).

HSBC has a successful Export Finance business, and plays a critical role in funding Italian exports via ECA-backed structures.

HSBC provides a selection of account services and electronic transactions via the home banking platform (HSBCnet), host-to-host connectivity (HSBC Connect), and the payment system SWIFT.

HSBC regrets to inform that it does not offer personal banking services in Italy, which also means that it cannot provide any assistance to personal banking customers of overseas HSBC entities.

Management team

Gerd Pircher


A 25+ year veteran with HSBC, Gerd Pircher has held a number of senior positions in the Middle East, Asia, Latin America and Europe, mostly across HSBC’s Global Banking and Markets and Commercial Banking businesses and in Strategy and Planning.

Before returning to his home country Italy, Gerd was the bank’s Regional Head of Global Trade and Receivables Finance in Latin America, where he successfully restructured and rebuilt the business in the region. Prior to this, Gerd Pircher served as Head of Strategy and Planning for HSBC in Europe, a role in which one of his focus areas included driving the launch of a Commercial Banking business in Italy in 2015.

Gerd graduated in Business Administration from the University of Wales and Financial Services at the University of Manchester. In addition, he successfully obtained an MBA from IMD in Lausanne, Switzerland.


For more information about the HSBC Group around the world, please go to our corporate website 

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