Professional Documents
Culture Documents
Presented by:-
SANJAY
TABLE OF CONTENT
5. Conclusion
6. Recommendation
• It is both the world's largest banking group and the world's largest
company according to a composite measure by Forbes magazine.
• The group was founded from The Hongkong and Shanghai Banking
Corporation, the acronym of which led to the current name.
• HSBC is listed on the London, New York, Hong Kong, Paris and
Bermuda Stock Exchanges.
• It was also the most profitable bank in the world with $19.13
billion in net income in 2007 compared to Citigroup's $3.62 billion
and Bank of America's $14.98 billion in the same period
• HSBC is by far the largest bank both in the United Kingdom and
in Hong Kong and prints most of Hong Kong's local currency in its
own name.
• Since the end of 2005, HSBC has been the largest banking group in
the world by Tier 1 capital.
3. HSBC net
• HSBC net a global service that caters to local business needs by offering
specialised functionality for different regions worldwide.
• HSBCnet is also the brand under which HSBC markets its global e-
commerce proposition to its corporate and institutional clients.
4. HSBC Direct
HSBC Direct is an online direct banking operation which attracts customers
through high-interest savings accounts and no service charges or minimum
account balance requirements. It was first launched in the USA in November 2005
and is now available in Canada,Taiwan and South Korea.
2. Commercial banking
HSBC provides financial services to small, medium-sized and middle-market
enterprises. The group has almost 2.5 million of such customers, including sole
proprietors, partnerships, clubs and associations, incorporated businesses and
publicly quoted companies.
• HSBC Private Bank is the marketing name for the private banking business
conducted by the principal private banking subsidiaries of the HSBC Group
worldwide.
• HSBC Private Bank, together with HSBC Guyerzeller and the private
banking activities of HSBC Trinkaus & Burkhardt, known collectively as
Group Private Banking, provides services to high net worth individuals and
their families through 93 locations in some 42 countries and territories in
Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
• In September 2008, HSBC announced that it would combine its two Swiss
private banks under one brand name in 2009, with HSBC Guyerzeller and
HSBC Private Bank to be merged into one legal entity, under the newly
appointed CEO of HSBC Private Bank, Alexandre Zeller.
Conclusion
HSBC is universal bank and the concept of universal banking having retail
management, investment banking, wealth management, Insurance, mortgage
lending, and fund management all under one roof.
Recommendation
Hsbc is the world local bank and it also keep a strong focus on the services that it
offer to customer. And they can do more concerntrate on their business & it will
boost their confidence. And also looking for buisness opportunity they have to
provide more comfort and ease to the customer as they understand the psychology
of bank.