HSBC Holdings Plc, Bank and Financial Services Holding Co.

HSBC Holdings plc,

HSBC, one of the largest banking and financial services institutions in the world, serves millions of customers through its four Global Businesses.

HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody and $4.9 trillion in assets under administration, respectively.

Customer service: 1860 266 2667
Stock price: 526.60 GBX HSBA (LON) 527.31 GBX 13 Jul, 2022 4:59 pm GMT+1 – Disclaimer
Headquarters: London, United Kingdom
CEO: Noel Quinn (Aug 2019–)
Founder: Thomas Sutherland
Founded: 3 March 1865, Hong Kong
Chairperson: Mark Tucker
Number of employees: 219,697 (2021)
Officail Website: https://www.hsbc.com/

Is HSBC Holdings the same as HSBC?

The principal holding company, HSBC Holdings plc, is a public limited company incorporated in England. Headquartered in London, HSBC is listed on the London, Hong Kong, New York and Bermuda stock exchanges. The entities that form the HSBC Group provide a comprehensive range of financial services.

HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2020, it was the world’s sixth largest bank by total assets and market capitalization. HSBC was the world’s 40th-largest public company, according to a composite measure by Forbes magazine.

HSBC is organised within three business groups: Commercial Banking, Global Banking and Markets, and Wealth and Personal 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.

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Is HSBC Holdings Plc a bank?

HSBC Holdings PLC, bank holding company based in London that originated as the Hongkong and Shanghai Banking Corporation, Ltd., in 1865, with offices in Hong Kong, Shanghai, and London. It was established at a time of growing trade between China, India, and Europe.

What companies are owned by HSBC?

Principal subsidiaries These are HSBC’s subsidiaries worldwide:

Asia Pacific

HSBC Armenia
HSBC Bangladesh
HSBC Bank Australia
HSBC Bank India
HSBC Bank Indonesia
The Hongkong and Shanghai Banking Corporation
Hang Seng Bank
HSBC China
HSBC Bank Malaysia
HSBC Bank Philippines
HSBC Bank Vietnam
HSBC Korea
HSBC Singapore
HSBC Sri Lanka
HSBC Taiwan

Europe

HSBC Bank (Europe)
HSBC France
HSBC Greece
HSBC Trinkaus und Burkhardt AG
HSBC Bank Malta
HSBC Private Bank (Suisse) SA
HSBC UK Bank plc

Americas

HSBC Bank Argentina
HSBC Bank Bermuda
HSBC Bank Canada
HSBC Bank USA
HSBC Finance Corporation
HSBC México
HSBC Securities (USA) Inc.

Middle East and North Africa

HSBC Bank Egypt
HSBC Bank Jordan
HSBC Bank Middle East
HSBC Bank (Turkey)
The Saudi British Bank
HSBC Saudi Arabia

Principal business groups and divisions

HSBC organises its customer-facing activities within three business groups: Commercial Banking (CMB); Global Banking and Markets (GBM); Wealth and Personal Banking (WPB).