HSBC Holdings PLC

Description

Founded in 1865 by Thomas Sutherland in Hong Kong, HSBC Holding Plc is one of the world’s leading banking and financial services companies. It is the second largest bank in Europe, serving over 40 million customers globally through a network that covers 64 countries and territories across Africa, Europe, Asia, North America, Oceania and South America. The company serves individual savers, companies, government and international organization with an aim to connect them to opportunities and help them achieve their ambitions. The company has dual primary listing on the London Stock Exchange and the Hong Kong Stock Exchange and is a constituent of the FTSE 100 Index and the Hang Seng Index. It has secondary listings on the New York Stock Exchange and the Bermuda Stock Exchange.   

The company manages its products and services through three businesses that include wealth and personal banking, commercial banking and global banking & markets. The wealth and personal business help client to manage their finances and protect and grow their wealth and its network help businesses, individual, investors, families and entrepreneurs across the world. Its products and services include HSBC Premier, Global Private Banking, Personal Banking, HSBC Jade, HSBC Life, Wealth solutions and financial planning, HSBC Life, Global Asset Management, and international services.

The commercial banking business helps small and large businesses to expand and grow, operating domestically and internationally. It offers cross-border trade and treasury services and support clients with term loans, working capital, and acquisition or project finance to help manage their finance and raise money from the stock and bond market. Its services include banking, Global trade and receivables finance, global liquidity and cash management, insurance and investments and markets and securities services. The global banking & markets business offers financial products and services to corporate, governments and financial institutions. It provides full range of banking services to help its customer in investing in digital capabilities to serve them effectively. Its customer base includes private investors, government, businesses and institutional client.