Company

Companies of New York

HSBC
Subscribe to the company
HSBC

HSBC

Financial services

Connections 5

Subscribe To favorites

Description

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 6th largest bank in the world by 2020, and the largest in Europe, with total assets of US$2.715 trillion (as of August 2020). HSBC traces its origin to a hong in British Hong Kong and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866.

HSBC has around 3,900 offices in 65 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, and around 38 million customers. As of 2014, it was the world's sixth-largest public company, according to a composite measure by Forbes magazine.

HSBC is organised within four business groups: Commercial Banking, Global Banking and Markets (investment banking), Retail Banking and Wealth Management, and Global Private Banking. In 2020, the bank announced that it would consolidate its Retail Banking & Wealth Management arm with Global Private Banking, to form Wealth & Personal Banking.

HSBC has a dual primary listing on the Hong Kong Stock Exchange and London Stock Exchange and is a constituent of the Hang Seng Index and the FTSE 100 Index. As of 30 October 2020, it had a market capitalisation of £66.1 billion, the third-largest company listed on the London Stock Exchange. It has secondary listings on the New York Stock Exchange, Euronext Paris, and the Bermuda Stock Exchange.

Website

https://www.hsbc.com

Rating GlobalNY.biz

Press Releases View all

Mentions in the news View all

Company Persons View all

Subordinate organizations View all

  • Midland Bank Plc

    Midland Bank Plc

    Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC. The bank was founded as the Birmingham and

    1 place

Quotes

All

Savannah Guthrie Returns to ‘Today’ After Four-Day Absence

MELVIN Craig
MELVIN Craig

So glad that Savannah’s back in Studio 1A

Teen Wolf Star Dylan Sprayberry Reveals Scientology Journey After Substance Abuse Battle

SPRAYBERRY Dylan
SPRAYBERRY Dylan

I am a Scientologist. I’ve been a Scientologist for three years now. It’s been an epic experience for me

Conor McGregor Speaks Out After 69-Second UFC 329 Loss to Max Holloway

MCGREGOR Conor
MCGREGOR Conor

I will overcome this. I will not be deterred

Jimmy Kimmel Replacement Tiffany Haddish Vows to Keep Making Trump ‘Mad’ With One Move

HADDISH Tiffany
HADDISH Tiffany

I had the best time this week. I made some new friends. I told some jokes that pissed off the White House. And now I can go back to making the president mad just by being a successful Black woman

Montel Williams Makes Rare Comment About Ex-Girlfriend Kamala Harris

WILLIAMS Montel
WILLIAMS Montel

I’m one of those guys that I don’t kiss and tell