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Who Is HSBC?: Business Principles and Values

HSBC is one of the largest banking and financial services organizations in the world, with a network of over 9,500 offices across 85 countries. Headquartered in London, HSBC traces its origins back to 1865 when it was founded in Hong Kong and Shanghai. HSBC provides personal and commercial banking services including loans, credit cards, insurance, wealth management, and global trade solutions. In India, HSBC's history dates back to 1853 with the Mercantile Bank of India, which was acquired by HSBC in 1959 and remains a key subsidiary. HSBC India offers personal and business banking services tailored for both individual and corporate customers.

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201 views5 pages

Who Is HSBC?: Business Principles and Values

HSBC is one of the largest banking and financial services organizations in the world, with a network of over 9,500 offices across 85 countries. Headquartered in London, HSBC traces its origins back to 1865 when it was founded in Hong Kong and Shanghai. HSBC provides personal and commercial banking services including loans, credit cards, insurance, wealth management, and global trade solutions. In India, HSBC's history dates back to 1853 with the Mercantile Bank of India, which was acquired by HSBC in 1959 and remains a key subsidiary. HSBC India offers personal and business banking services tailored for both individual and corporate customers.

Uploaded by

rohitshetty84
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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HSBC

-The worlds local bank

Who is HSBC?
We are the world's local bank. Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBC's international network comprises around 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around 200,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depositary Receipts. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

Business principles and values


The HSBC corporate character defines the values and principles inherent in all our everyday dealings.

Group History
The HSBC Group has an international pedigree which is unique. Many of its principal companies opened for business over a century ago and they have a history which is rich in variety and achievement. The HSBC Group is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between China and Europe. Sales: 145.5 bn US$ (2007) Net income: 20.5 bn US$ (2007)

About HSBC India


The antecedents of the HSBC Group in India can be traced back to October 1853 when the Mercantile Bank of India, London and China was founded in Bombay (now Mumbai). Starting with an authorised capital of Rs 5 million, the Mercantile Bank soon opened offices in London, Madras(Chennai), Colombo and Kandy, followed by Calcutta(Kolkata), Singapore, Hong Kong, Canton(Guangchow) and Shanghai by 1855. The following hundred years were in many ways propitious for the Mercantile Bank. In 1950 it moved into its new head office building in Mumbai.at Flora Fountain. The acquisition in 1959 by The Hongkong and Shanghai Banking Corporation Limited of the Mercantile Bank was a decisive factor in laying the foundation for today's HSBC Group. Founded in 1865 to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the United States, HSBC has been an international bank from its earliest days. After the Mercantile Bank was acquired by The Hongkong and Shanghai Banking Corporation, the Flora Fountain building became and remains to this day, the Head Office of the HSBC Group in India. Through the 1990s, HSBC has vigorously developed its role as one of the leading banking and financial services organisations in the world. Its strategy of 'managing for value' emphasises the Group's unique balance of business and earnings between older, mature economies and faster-growing emerging markets. HSBC in India is proud to have retained the Group's pioneering streak by being an active partner in the development of the Indian banking industry - even giving India its first ATM way back in 1987. The organisation's adaptability, resilience and commitment to its customers have further enabled it to survive through turbulent times and prosper through good times over the past 150 years. Services under HSBC India:

Personal

Credit Cards Personal Loan Home Loans and Other Loans Bank Accounts NRI Services International Services Insurance Wealth Management Internet and Self Service Banking

HSBC Premier
HSBC Premier is an individually tailored package of exclusive premier banking services that can be accessed from anywhere you choose to live or work. Find out more about HSBC Premier banking services:

International recognition and emergency support Overseas bank account opening and worldwide online premier banking* Credit card privileges and rewards Investment expertise

Private Banking
Every client has different banking and investment needs. At HSBC Private Banking we work with you to identify your goals and requirements, and create specific solutions that make the most of opportunities for you, your family and your business. Services offered:

Investment Advisory Banking Services Wealth Planning Specialist Services

Business banking
Product Services 1. Global Trade Solutions Get the edge in the competitive international market 2. Cash Management Manage your cash flow effectively. 3. Factoring Solutions Financing that keeps up with your business growth. 4. Business Current Accounts Give your business the superior service advantage. 5. Business Loans & Overdrafts Propel your business to further growth. 6. Foreign Exchange Services Gain from our 24-hour global coverage and knowledge of local markets.

Corporate and Institutional Banking


1. Corporate Banking The Bank provides a full range of banking solutions, including commercial short to medium-term lending, structured finance and transaction banking. 2. Treasury & Capital Markets Our business is diversified across products and clients; that enables us to balance risks while delivering a comprehensive range of products and services to our clients. 3. Equities & Global Investment Banking HSBC's investment banking division combines a unique blend of experience and perspective. It has one of the strongest research teams in the business. 4. Institutional Banking To meet our customers' needs we have created Global Relationship Management teams across 81 countries and territories. Our clients range from small & medium enterprises to major multi-nationals. 5. Global Payments & Cash Management Our aim is to provide a service that takes full account of your local and international requirements giving you our local expertise & the unrivalled global resources of the HSBC Group. 6. Trade Services Use the HSBC advantage to avail services that span the globe. 7. Factoring Services Increase the efficiency and at the same time manage your risk better. 8. HSBC Securities Services With a dedicated team of experienced and professional staff, we are the premier provider of sub-custodian and clearing services to foreign institutional investors (FIIs) in India.

NRI Services

Corporate Sustainability

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