International Subsidiary Banking

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As your dedicated subsidiary banking partner we can help you gain greater visibility and control over your global financial position, optimise your finances and overcome barriers to entry in new markets.

From consolidating bank accounts to leveraging our global credit position in subsidiaries around the world, our International Subsidiary Banking teams can deliver compelling benefits to both parent companies and their subsidiaries, helping to facilitate growth.

Meet the head of International Subsidiary Banking

We structure our team as a mirror of yours with dedicated ISB managers for subsidiaries and one global relationship manager for the parent company to deliver bespoke solutions, consistent service and straightforward access to our wide range of products and financing solutions.

Cora McLaren

Cora McLaren

UK Managing Director and Head of International Subsidiary Banking

Cora McLaren joined HSBC in September 2012 and took up her current role as Managing Director, Head of International Subsidiary Banking in April 2022. Cora is a member of the UK Commercial Banking Executive Committee. In her role, Cora is responsible for leading a team of international banking professionals and supporting HSBC clients expand their businesses internationally, leveraging HSBC’s global network. Cora has more than 24 years of experience in the financial industry. Prior to this role, Cora led the transformation of the client onboarding and KYC experience across 18 markets in Asia Pacific, has been the Head of Wholesale Banking in Bermuda, before which she undertook regional leadership of Corporate Banking and Business Banking teams in HSBC UK. Over her career, she has worked in the UK, India, Bermuda and Hong Kong.

Before working at HSBC, Cora led teams and supported clients at Lloyds Banking Group and Barclays Bank. Her experience spans strategic and front line customer leadership roles, product partner experience and operational management.

Cora is an English graduate and also holds an MSc in Financial Services Management. She is a keen runner and active volunteer at a local animal rescue charity and currently lives in the UK with her husband, Peter.

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Get in touch to learn more about how HSBC UK can help you with your business challenges.