SectorCommercial Bank
Established Date01/01/1959
Listing Date16/07/1999
ExchangeNew York Stock Exchange
Full-time Employees208720
Fiscal Year Ends31/12
Security TypeDepository Receipts (Ordinary Shares)
Office address8 Canada Square, London E14 5HQ, United Kingdom
BusinessThe company mainly provides retail banking and wealth management business through four main businesses: retail banking, wealth management, investment management and insurance.
IntroductionHsbc Holdings PLC is a banking and financial services company. The company operates through four divisions. The company's Hong Kong business divisions include HSBC Hong Kong and Hang Seng Bank's retail banking and wealth and commercial banking. The company's UK business divisions include UK Retail Banking and Wealth (including First Direct and M & S Bank) and UK Commercial Bank, HSBC Innovation Bank. The Corporate and Institutional Banking (CIB) division is the integration of its commercial banking business (outside the UK and Hong Kong) with its global banking and markets business. The International Wealth and Wealth Management (IWPB) division includes Wealth Management Excellence outside Hong Kong and the UK, global private banking, and asset management, insurance and investment distribution businesses. The company has customers in approximately 58 countries around the world. The company's clients include individual depositors and investors, corporations, governments, and others.