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HSBC
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From Wikipedia, the free encyclopedia
HSBC Holdings plc

Type
Holding company[1][2]
(Public limited company)
Traded as
LSE: HSBA
NYSE: HBC
Euronext: HSB
SEHK: 005
BSX: HSBC.BH
Industry
Banking, Financial services
Founded
1865[3] (The Hongkong and Shanghai Banking Corporation)
1991[4] (HSBC Holdings plc)
Founder(s)
Thomas Sutherland
Headquarters
8 Canada Square,
Canary Wharf,
London, United Kingdom[5]
Number of locations
Approximately 7,200 offices across 85 countries & territories[6]
Area served
Worldwide
Key people
Douglas Flint
(Group Chairman)
Stuart Gulliver
(Group Chief Executive)
Products
Credit cards
Mortgage loans
Services
Consumer banking
Corporate banking
Investment banking
Private banking
Wealth management
Revenue
US$ 79.88 billion (2011)[7]
Operating income US$ 21.87 billion (2011)[7]
Profit
US$ 16.80 billion (2011)[7]
Total assets US$ 2.556 trillion (2011)[7]
Total equity US$ 158.72 billion (2011)[7]
Employees
267,000 (2011)[7]
Subsidiaries
HSBC Bank plc
The Hongkong and Shanghai Banking Corporation
HSBC GLT India
HSBC Bank USA
HSBC Bank Middle East
HSBC Mexico
HSBC Bank Brazil
HSBC Finance
Website
www.hsbc.com
HSBC Holdings plc (commonly known as HSBC) is a British multinational banking and financial services company headquartered in London, United Kingdom.[5] As of 2012, it was the world's third-largest publicly held bank and sixth-largest public company, according to a composite measure byForbes magazine.[8]
HSBC is a universal bank and is organised within four business groups: Commercial Banking; Global Banking and Markets (investment banking); Retail Banking and Wealth Management; and Global Private Banking.[9] It has around 7,200 offices in 85 countries and territories across Africa, Asia, Europe, North America and South America, and around 89 million customers.[6] As of 31 March 2012 it had total assets of $2.637 trillion, of which roughly half were in Europe, the
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