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    Hongkong and Shanghai Banking Corporation: Asp Pfs

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    Vineet Kumar Singh
    HSBC is one of the largest banking and financial services institutions in the world, with over 10,000 offices in 92 countries. Founded in 1865 in Hong Kong, HSBC has grown organically and through acquisitions. In 2009, HSBC reported revenue of $103.74 billion and profit of $5.834 billion. HSBC provides personal and commercial banking, investment banking, private banking, and other financial services to customers worldwide.

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    Hongkong and Shanghai Banking Corporation: Asp Pfs

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    Vineet Kumar Singh
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    HSBC is one of the largest banking and financial services institutions in the world, with over 10,000 offices in 92 countries. Founded in 1865 in Hong Kong, HSBC has grown organically and through acquisitions. In 2009, HSBC reported revenue of $103.74 billion and profit of $5.834 billion. HSBC provides personal and commercial banking, investment banking, private banking, and other financial services to customers worldwide.

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    Managerial Economics HSBC

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    HSBC is one of the largest banking and financial services institutions in the world, with over 10,000 offices in 92 countries. Founded in 1865 in Hong Kong, HSBC has grown organically and through acquisitions. In 2009, HSBC reported revenue of $103.74 billion and profit of $5.834 billion. HSBC provides personal and commercial banking, investment banking, private banking, and other financial services to customers worldwide.

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    Attribution Non-Commercial (BY-NC)
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    Download as pptx, pdf, or txt
    6 views14 pages

    Hongkong and Shanghai Banking Corporation: Asp Pfs

    Uploaded by

    Vineet Kumar Singh
    HSBC is one of the largest banking and financial services institutions in the world, with over 10,000 offices in 92 countries. Founded in 1865 in Hong Kong, HSBC has grown organically and through acquisitions. In 2009, HSBC reported revenue of $103.74 billion and profit of $5.834 billion. HSBC provides personal and commercial banking, investment banking, private banking, and other financial services to customers worldwide.

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    of 14

     

    HONGKONG AND SHANGHAI


    BANKING CORPORATION

    ASP PFS
    Number of locations
    10,000 offices in 92 countries & territories
    ASP PFS
    Founded Hong Kong (1865)
    Founder(s) Thomas Sutherland
    Headquarters London, United Kingdom 
    Area served Worldwide
    Key people Stephen Green (Group Chairman)
    Michael Geoghegan (Group CEO)
    Products Finance and insurance,
    Consumer Banking,
    Corporate Banking,
    Investment Banking,
    Global Wealth Management and many more

    Revenue $103.74 billion (2009) 


    Operating income $7.079 billion (2009) 
    Profit $5.834 billion (2009) 
    Total assets $2.364 trillion (2009) 
    Total equity $128.299 billion (2009) 
    Employees 302,000 (2009) 
    ASP PFS
    GROUP HISTORY

    1865-1899:
    • The Hong Kong and Shanghai Banking Corporation Limited,
    which was established in 1865 to finance the growing trade
    between China and Europe.
    1900-1945:
    • The bank’s new head office in Hong Kong (1935) and the new
    buildings at major branches such as Bangkok (1921), Manila
    (1922) and Shanghai (1923)  
    1946-1979:
    By the 1970s the bank had firmly developed a policy of
    expansion by acquisition of  subsidiaries with their own identities
    and expertise.

    ASP PFS
    1980-1999:
     During the 1980s HSBC concentrated on moving into those markets where it was
    not yet fully represented
    2000 to present day :
     In April,2000 HSBC announced a US$11 billion recommended offer for Credit
    Commercial de France (CCF) .
     In 2001 also saw the opening of the only branch in the HSBC network that is open
    365 days a year - in Pune in Western India.
     From 2002, the HSBC identity carried the strap line of 'The world's local bank
     April,2003 the new Group head office in Canary Wharf in London officially
    opened to house some 8000 staff. HSBC also acquired Keppel Insurance Ltd.
     In 2004 HSBC grew organically and through strategic acquisitions in
     In 2005, HSBC marked 140 years in China by increasing its stake in the country.
    ASP PFS
     In 2006 was a year of development and change for HSBC.

     In 2007 was a year of challenges for HSBC.

     In December 2007 HSBC acquired The Chinese Bank in Taiwan

     In 2008 was an exceptionally challenging year for HSBC.

     In May 2008 HSBC acquired IL&FS Investment, an Indian retail broking firm

     In 2009, HSBC gathered awards, released solid financial results, provided


    honest assessments of the economic landscape, supported victims of natural
    disasters in the developing world

    ASP PFS
    GLOBAL PRODUCTS LINES & PROGRAM

    • Group Service Centers :


    It develops software for the entire HSBC group (Pune, India)
    • HSBC Private Bank :
    HSBC Private Bank is the group's private banking operation,
    providing private banking and trustee services to wealthy
    individuals and their families worldwide .
    • HSBC Premier :
    HSBC Premier is the group's premium financial services product
    • HSBC Bank International:
    HSBC Bank International is the offshore banking arm of the
    HSBC Group, focusing on providing offshore solutions and
    cross border services to expatriates and migrants.
    ASP PFS
    •HSBCnet:
    HSBCnet is a global service that caters to local business needs by offering
    specialized functionality for different regions worldwide.

    •HSBC Direct :
    HSBC Direct is a telephone/online direct banking operation which attracts
    customers through mortgages, accounts and savings .

    ASP PFS
    SERVICES
    • Personal financial services

    • Commercial banking

    • Global banking and markets

    • Private banking

    • NRI Services

    ASP PFS
    • HSBC's origins in India
    • Starting with an authorized capital of Rs 5 million.
    • In India, the Bank offers a comprehensive suite of world-
    class products and services to its corporate and
    commercial banking clients as also to a fast growing
    personal banking customer base.

    ASP PFS
    FINANCIALS OF THE COMPANY
    2008 2009
    PARTICULARS £m £m

    Net interest income 3,854 4,196


    Net fee income 4,184 3,742
    Other income 4,762 3,680
    Net operating income before loan impairment charges 12 ,800 11,618

    Loan impairment charges and other credit risk (1,043) (938)


    provisions.
    Net operating income 11,757 10,680
    Total operating expenses (7,723) (6,844)
    Operating profit 4,034 3,836
    Share of profit / (loss) in associates and joint ventures 47 (40)

    Profit on ordinary activities before tax 4,081 3,796


    Tax on profit on ordinary activities (767) (978)
    Profit on ordinary activities after tax 3,314 2,818
    Attributable to shareholders of the parent company 3,227 2,722

    ASP PFS
    SUMMARY OF FINANCIAL
    PERFORMANCE 2009:
     Net interest income by 10 per cent higher.

     Customer deposits grew by 18 per cent mainly in the UK

     In 2009, revenue grew 7.6% on underlying basis

     The return on average invested capital was 13.7%

    ASP PFS
    FUTURE PLANNING OF THE
    COMPANY

    “BEST PLACE TO BANK” Strategy

    “BEST PLACE TO WORK” Strategy

    Expansion in the future.

    ASP PFS
    AWARDS

    Month Award Company / Body /


    Entity Publication
    November 2008 Best Consumer HSBC Group Global Finance
    Internet Bank Magazine
    July 2008 Top World Bank HSBC The Banker
    July 2007 Best Cash HSBC Global Euromoney
    Management Transaction
    House Banking
    February  2007 Best Project HSBC Amanah Euromoney
    Finance House Islamic Finance
    Awards
    June 2006 Best Corporate HSBC Holdings IR magazine UK
    governance plc Awards 2006

    ASP PFS

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