HSBC (The Hong Kong Shanghai Banking Corporation): INTRODUCTION: HSBC is the world’s second-largest banking and financial services group. The origins of the bank lie in Hong Kong and Shanghai‚ where its branches were first open in 1865. Number of location is around 7‚500 offices in 87 countries and territories; Only in united states it has more than 460 bank branches‚ 210.000 shareholders‚ 300‚000 staff‚ and approximately 128 million customers worldwide. Throughout the world among the multinational
Premium Bank Balance sheet Generally Accepted Accounting Principles
1. What have been the key success factors for HSBC? Ans. HSBC was established in 1865 to finance the growing trade between China and UK. Being an early starter to penetrate into this geography‚ HSBC was able to fully utilize the untapped business potential available and thereby capture a huge chunk of the market. Despite growing in almost 80 countries al over the world‚ HSBC has been successful in positioning itself in ‘World’s local bank’. As the bank constantly works hard to
Premium Bank
the factors within the company that effect its ability to serve its customers and follow its strategy successfully. The factors that will be looked at are: The company‚ suppliers‚ intermediaries‚ customers‚ competitors and publics. The Company HSBC is one of the world ’s largest and most successful banks. To have an idea of its magnitude have a look at the organisational structure (appendix 1). In the UK alone it has 1700 branches‚ approximately 3000 ATM machines‚ over 42 000 cash machines and
Premium Bank United Kingdom
1. Review the decision in the case of Shah v. HSBC (2012) and evaluate the implications of the decision for regulated financial services firms. In particular: * What are the key issues in the case? * Outline the decision of the court * Evaluate what practical guidelines can be taken from the case by regulated financial services firms Under the proceeds of crimes act 2002 (POCA) all UK financial institutions and other regulated firms not only have to report suspicions of money laundering
Premium Appeal 1965 Lawsuit
alongside indeed brings disadvantages. LLOYDS and HSBC past 5years performance profitability / efficiency ratios of their sales and market shares data collection: 1. Market share of the 6 largest UK banks: Banks | Domestic Market share (SME Banking) | Domestic Market share (Current Accounts) | Domestic Market share (savings accounts) | Gross Mortgage Lending Market share | Other customer loans | RBS | 24% | 15% | 9% | 12% | 8% | HSBC | 15%Β | 14% | 8% | 11% | 7% | Barclays | 18% | 13%
Premium Bank Credit union
Corpuz October 15‚ 2014 CHAPTER I THE PROBLEM AND ITS BACKGROUND Introduction HSBC (Hong Kong and Shanghai Banking Corporation) was founded in 1865 to finance trade between Asia and the West‚ today HSBC is the world’s second largest banking and financial services organizations serving some 125 million customers. Its aim is to be acknowledged as the world’s leading international bank. HSBC has its four business groups namely: Commercial banking‚ Global Banking and Markets (investment
Premium Bank Private banking Commercial bank
Introduction 1.1. Background To HSBC’s shareholders‚ they would be very happy. HSBC has exceeded its profit expectations in the first quarter of 2011. The bank generated a $11.5 billion pretax profit for the first half of 2011 up from $11.1 billion a year ago. But to the bank’s employees‚ they may not dare to join the celebration. It is because most of them would become unemployed in the next second. HSBC announced its strategy to cut 30‚000 jobs before 2013 for cost savings and shaping the
Premium Hong Kong Management Economics
About HSBC Hongkong Shanghai Banking Corporation (HSBC) is one of the largest banking and financial services organizations in the world. We are the world’s local bank. Headquarter: London Network: HSBC’s international network comprises around 8‚000 offices in 88 countries and territories in Europe‚ the Asia-Pacific region‚ the Americas‚ the Middle East and Africa. Shareholders: With listings on the London‚ Hong Kong‚ New York‚ Paris and Bermuda stock exchanges‚ shares in HSBC Holdings plc are held
Premium
HSBC UK Retail Banking Sustained growth in RBWM and CMB Antonio Simoes 18th March 2013 Head of UK Bank‚ Deputy Chief Executive HSBC Bank plc and Head of RBWM Europe Forward-looking statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to the financial condition‚ results of operations and business of the Group. These forward-looking statements represent the Group’s expectations or beliefs concerning future events and involve
Premium United Kingdom Bank Banking
Smart Seniors with HSBC programme. HSBC launched Smart Seniors with HSBC programme last month‚ an employment drive designed to give local retirees the opportunity to get “back to work”. The reason for launching this programme is that Hong Kong’s over 60s are due to becomes one of the largest segments of the local population. HSBC recognizes their importance to the community and has designed special services targeting their needs. Target Market Pls take a look of the tables. We can see
Premium Ageing Retirement Gerontology