The HSBC Building (also known as the Municipal Government Building) is a six-floor neo-classical building in the Bund area of Shanghai, China. It served as the headquarters of the Shanghai branch of The Hongkong and Shanghai Banking Corporation from 1923 to 1955, and currently houses the Shanghai Pudong Development Bank. The building is situated at number 12, the Bund. Designed by the British architecture firm Palmer & Turner Architects and Surveyors, construction of the building lasted from 5 May 1921 to 23 June 1923.
The HSBC Building has been called "the most luxurious building from the Suez Canal to the Bering Strait". The building has a floor area of 23,415 m², and was, at the time, the largest bank building in the Far East, and second largest in the world, after the Bank of Scotland building in Edinburgh.
The building exterior adopted a strict neo-classicist design, with a tripartite vertical and horizontal division. In the centre is a dome, the base decorated with a triangular structure in imitation of Greek temples. Below that are six Ionic columns penetrating from the second to the fourth storey. The main structure is five storeys, the central section seven storeys, with one and a half storey for the basement. The main structure has a steel lattice with brick filling, and a granite exterior.
The interior was luxuriously decorated, using materials such as marble and monel. The whole building was fitted with heating and air-conditioning. The main trading hall has four columns hewn from whole blocks of marble, which was at the time unique in Asia.
Behind the main building is a subsidiary building which houses bank offices, safes, and vaults.
On 4 March 1865, HSBC opened its Shanghai branch on the ground floor of the Central Hotel (now Peace Hotel) on the corner of the Bund with Nanjing Road.