HSBC Bank Middle East
HSBC Bank Middle East (HBME, Arabic: إتش إس بي سي الشرق الأوسط), is a major Emirati bank, fully owned by HSBC. Known from 1959 to 1999 as British Bank of the Middle East (BBME), It was founded in Tehran, Qajar Iran in 1889 and has successively been headquartered in Tehran (1889-1959), London (1959-1999), Jersey (1999-2016), and Dubai since 2016. HBME is regulated by the Dubai Financial Services Authority, but remains locally regulated in each of the countries in which it operates by the country's Central Bank and its other regulators.