'HSBC Holdings plc' (, , , , ) is one of the largest
banking groups in the
world, ranked the third-largest
company in the world in
Forbes Global 2000. Its head office is located in the
HSBC Tower (8 Canada Square) by
London's
Canary Wharf. The group is named after its founding member, 'The Hongkong and Shanghai Banking Corporation', a bank established in Hong Kong by
Thomas Sutherland, a
Scot, to finance British trade in the
Far East in 1865. Today the corporation is simply 'HSBC'.
The bank is the fourth largest
corporation in the world in terms of assets
[1] (as of Dec 31, $1.861 trillion, while Citigroup reported $1.884 trillion).
[2] It reports its results in
United States dollars, since 80% of its earnings originate from outside the
United Kingdom. Nearly 22% of its earnings are from operations in
Hong Kong, where it was headquartered until 1991. It is the largest bank in Hong Kong, and at the end of 2005 was the largest banking group in the world by
Tier 1 capital.
[3]
The HSBC logo, known as the
Hexagon, is derived from ''The Hongkong and Shanghai Banking Corporationâs'' 19th century house flag, itself derived from the
Scottish flag, which is the angular cross that
Saint Andrew (the patron saint of Scotland) was crucified upon.
Local Operations
The HSBC Group operates as a number of local banks around the world. Outlined below are operations in
countries which, in 2006, represented profit before tax greater than
US$50 million.
[4] For details of other group companies see .
Americas
★ '
HSBC Bank Argentina SA' has around 150 branches throughout Argentina providing a full range of banking and financial products and services to over 1.2 million customers.
Midland Bank purchased a stake in
Banco Roberts SA in 1987; in 1997 HSBC took full control of the bank and rebranded it HSBC.
★ '
The Bank of Bermuda Limited' was acquired by HSBC in February 2004. Founded in 1889, it is a leading provider of fund administration, trust, custody, asset management and banking services, since the acquisition the group has focused its global efforts in some areas of these services on the island.
HSBC sign on a branch.
★ '
HSBC Bank Brasil' is HSBCâs largest presence in
South America. It was established in March 1997 with the acquisition of the assets, liabilities and subsidiaries of Banco
Bamerindus do Brasil SA, which was established in 1952. HSBC is now among the ten largest banks in Brazil, with more than 1,700 branches and sub-branches in 550 Brazilian cities.
★ '
HSBC Bank Canada' is the seventh largest bank in Canada, with offices in every province except for
Prince Edward Island, and is the largest foreign-owned bank in the country. HSBC has a strong presence in
overseas Chinese communities especially in
Vancouver and
Toronto, and is the only Canadian bank with headquarters in
British Columbia.
★ '
HSBC Mexico, SA' is one of Mexicoâs four largest banking and financial service companies, with 1,400 branches, 4,800 ATMs and 6 million customers. HSBC purchased
Banco Internacional, SA known as Bital, in November 2002, rebranding it overnight in January 2004.
★ '
HSBC Bank USA NA and
HSBC Finance Corporation' represent the groupâs business in the US, which has been built up via the acquisition of
Marine Midland (1980),
Republic National Bank (1999),
Household International (2003) and
Metris Companies (2005) among others. HSBC Bank USA, headquartered in
Buffalo, NY, is a full service bank, with a strong branch network in
New York State but also operating nationwide. HSBC Finance Corporation focuses on selected lines of consumer lending with branch networks across the US.
Asia Pacific
★ '
HSBC Bank Australia Limited' gained its banking licence in 1986. Today, a full range of Personal and Commercial services are offered from a network of branches as well as via direct channels.
HSBC's Hong Kong head office, HSBC Headquarters prior to 1991
★ '
HSBC Bank (China) Company Limited and
HSBC Rural Bank Company Limited' HSBC established its
Shanghai branch office on 3 March 1865 and has had a continuous presence in the city since then, except during the Japanese Occupation. Until the economic reforms of the late 1970s, its activities were mainly in inward remittances and export bills, however its activities now span a wider range. HSBC has purchased stakes in various local firms, including 18.6% of
Bank of Communications, 8% of
Bank of Shanghai and 19.9% of
Ping An Insurance.
★ '
The Hongkong and Shanghai Banking Corporation Limited and
Hang Seng Bank Limited' HSBC first opened for business in
Hong Kong on
3 March 1865.
Hong Kong dollar banknotes are issued by three
commercial banks in the Hong Kong SAR, of which HSBC is the most prolific by value. The
Hang Seng Index for stock prices in
Hong Kong is named after the Hang Seng Bank. The two banks are today first and second by market share in Hong Kong.
★ '
The Hongkong and Shanghai Banking Corporation Limited' The
Mercantile Bank of India, London and China was established in October 1853 in
Bombay (now
Mumbai). The Mercantile Bank was acquired in 1959 by HSBC. HSBC is now one of the fastest growing foreign banks in India, both in domestic banking and support operations for worldwide operations (see
Group Service Centres).
★ '
The Hongkong and Shanghai Banking Corporation Limited' HSBC opened its first Indonesian office in
Jakarta in 1884 as The Hongkong and Shanghai Banking Corporation Limited. Having been able to restart its operations after the
Second World War, it was again forced to close in mid-1960s, however the Bank was granted a new banking licence in 1968 its operations have grown to make it one of the largest foreign banks operating in Indonesia.
★ '
HSBC Bank Malaysia Berhad' traces its history back to the opening of the first HSBC office in
Penang in 1884. The bank later became an issuer of currency notes for the
Malaysian government. A gradual expansion programme resulted in the bankâs incorporation, the first foreign institution to do so in Malaysia in 1994. The bank today provides a full range of personal and commercial financial services.HSBC operates a call center in
Cyberjaya,
Malaysia, a cybercity in Malaysia.
★ '
HSBC Bank Singapore' operates as a full service bank with its headquarters in
Collyer Quay, it is an approved Primary Dealer in the Singapore Government Securities Market and an Approved Bond Intermediary, with over a hundred staff operating one of the largest integrated dealing rooms in
Singapore.
★ '
The Hongkong and Shanghai Banking Corporation Limited' is expanding in competitive
South Korean market, currently operating from a network of 11 branches, the first having been opened in
Jemulpo in 1897 .
★ '
The Hongkong and Shanghai Banking Corporation Limited' offers a wide range of financial products in
Taiwan as part of its
Greater China operations. Having first appointed an Agent in
Tamsui in 1885, it has now reached an 18 location operation.
★ '
The Hongkong and Shanghai Banking Corporation Limited' operates a significant (greater than
US$50m) business in
Thailand, including personal financial services as well as a corporate and commercial banking operation.
Europe
UK & World headquarters at 8 Canada Square in London.
★ '
HSBC ViĆĄnjiÄ Banka d.o.o.
operates around 1,000 branches in
Federation of Bosnia and Herzegovina
will join on 2 January 2008.
★ '
HSBC SA' operates around 800 branches in
France since the takeover of
Credit Commercial de France, primarily operating under the HSBC brand. HSBC France is now the HSBC Groupâs lead bank in the
Eurozone, focusing on certain capital market products for a global audience, and high net worth and international business in France.
★ '
HSBC Trinkaus & Burkhardt AG' was founded in 1785 and is one of the longest-established members of the HSBC Group. It has operations in private, commercial and investment banking and asset management.
★ '
HSBC Bank plc' and a number of subsidiaries have operations in
insurance,
reinsurance,
securities services and a newly established
consumer finance business. The fund management business had assets in excess of
US$20bn
as of 2006.
[5]
★ '
HSBC Bank Malta plc' is one of the largest banks in
Malta. It is a listed company but its majority shareholder is the HSBC Group. Formerly the
Mid-Med Bank, HSBC Bank Malta is the second-longest established bank in Malta.
★ '
HSBC Private Bank (Suisse) SA and
HSBC Guyerzeller Bank AG' are the
Swiss operating subsidiaries of the group's Private Banking business, with 12 locations in the country. Much of the private banking business takes a lead from work done in Switzerland, with a total of 74 locations around the world operating solely for private banking business.
★ '
HSBC Bank AS' is now the fifth largest private bank in
Turkey, having expanded through internal financing and via
acquisition since entering the market in 1990. The bank has a network of around 190 branches, offering products and services to corporate, commercial and personal customers, both under the HSBC brand as well as the ''Advantage'' brand.
★ '
HSBC Bank plc' is one of the '
Big Four' high street banks in the
UK, maintaining a large network of branches in
England and
Wales, with a smaller presence in
Scotland and
Northern Ireland. It acquired this presence in 1992 with the acquisition of
Midland Bank plc. It also operates the the previously Midland-owned telephone and internet bank ''
First Direct'', the consumer lending brand 'Beneficial Finance', and the financial services division of
Marks & Spencer.
Middle East and Africa
★ '
HSBC Bank Egypt SAE' was founded in 1982, and rebranded as HSBC in April 2001 after HSBC lifted its ownership stake from 40% to 94.5%. HSBC Bank Egypt is one of the largest
multinationals and fastest growing banks in
Egypt, providing a comprehensive range of banking and related financial services through a network of 44 branches.
★ '
SABB' ''(The Saudi British Bank)'' In
Saudi Arabia HSBC is represented by
The Saudi British Bank which is a 40% owned subsidiary, and also a joint venture partner in
HSBC Saudi Arabia Limited, the kingdomâs first full service independent
investment bank.
★ '
HSBC Bank Middle East Limited' HSBC provides a range of banking services for both corporate and individual customers in
Qatar. HSBC is the largest foreign bank in Qatar and has five branches, in
Doha, Al Sadd, West Bay, Rayyan and Grand Hamad Street as well as a large network of ATMs at 21 different locations.
★ '
HSBC Bank Middle East Limited' The
United Arab Emirates represents a key part of HSBC Bank Middle East's business, with 16 branches and the firm's head office located here.
Global product lines and programmes
Group Service Centres
As a cost saving measure HSBC is
offshoring processing work to lower cost economies in order to reduce the cost of providing services in developed countries. These locations take on work such as
data processing and
customer service, but also internal
software engineering at Pune, Hyderabad (India), Guangzhou (China) and Curitiba (Brazil).
Chief Operating Officer
Alan Jebson said in March 2005 that he would be very surprised if fewer than 25,000 people were working in the centres over the next three years: âI donât have a precise target but I would be surprised if we had less than 15 (global service centres) in three yearsâ time.â He went on to say that each centre cost the bank from $20m to $30m to set up, but that for every job moved the bank saves about $20,000 (ÂŁ10,400).
[http://news.bbc.co.uk/2/hi/business/4353423.stm]
Trade unions, particularly in the US and UK, blame these centres for job losses in developed countries, and also for the effective imposition of wage caps on their members.
Currently centres exist in six countries, in Brazil in Curitiba, in India in Hyderabad, Bangalore, Visakhapatnam, Mumbai, Kolkata and Pune, in China in Shanghai, Guangzhou and Shenzhen, in Kuala Lumpur (Malaysia), Colombo (Kotte) (Sri Lanka) and Manila (Philippines). There is also a trial going on in Malta to asses the possibility of offshoring a UK high value call centre. An option under consideration is reported to be a processing centre in Vietnam to access the French skills of the population and therefore cut costs in the bankâs French operation.
On June 27th 2006, HSBC reported that a "small number" of customers had suffered from fraud totalling ÂŁ233,000 after an employee at the Bangalore call centre supplied confidential customer information to fraudsters.[6]
HSBC Premier
The group has 'HSBC Premier' as its premium financial services product - the brand name has been used in many market places around the world. Traditionally the exact benefits and qualification criteria have varied depending on what country you were in. Broadly customers had a dedicated Relationship Manager, global 24 hour access to Premier call centres, and preferential rates.
In May 2007, HSBC relaunched its HSBC Premier service simultaneously across 35 countries and territories and standardised its various offerings to include:
★ Internationally-portable HSBC credit history
★ International account opening before leaving home
★ Dedicated global personal relationship manager
★ Pre-approved mortgages for overseas property
★ A single-view of all accounts in any location online
★ Free global me-to-me money transfer between HSBC accounts
★ Emergency help including cash at over 245,000 outlets across 200 countries
★ Single global 24-hour helpline for customers and their families
★ Banking services and lounge facilities across 35 countries and territories and
★ Access to international wealth management products and professional investment information
Countries included in the global roll-out of HSBC Premier are: Argentina, Australia, Bahrain, Bermuda, Brazil, Brunei, Canada, China, Colombia, Egypt, Greece, Hong Kong, India, Indonesia, Jersey, Jordan, Lebanon, Macao, Malaysia, Malta, Mexico, Oman, Pakistan, Panama, Philippines, Qatar, Saudi Arabia, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Turkey, UAE, UK and USA.
HSBC Bank International
'HSBC Bank International Limited' (http://offshore.hsbc.com/1/2/home) is the offshore banking arm of the HSBC Group, it focuses on providing offshore solutions and cross border services to expatriates and migrants. It provides a full range of multi-currency personal banking services to a range of customer segments, including a full internet banking and telephone banking service. Sometimes referred to as 'HSBC Offshore', the business also offers independent financial planning, and has representative offices all over the world, often working alongside local HSBC operations in those regions.
HSBC Bank International originated from the business started by Midland Bank and is based in the Channel Islands with further operations on the Isle of Man. Its operations in the Channel Islands are centred around its registered headquarters on the seafront in St Helier, Jersey. Named 'HSBC House', the building comprises departments such as Premier, Global Funds & Investments, e-Business and a 24 hour 'Direct Banking Centre'.
HSBCnet
Corporate, Investment Banking and Markets (CIBM) has 'HSBCnet' (http://www.hsbcnet.com) as its online brand presence, having originated as the name for the new corporate internet banking system.
HSBCnet is a global service that caters to local business needs by offering specialised functionality for different regions world-wide.
The system provides access to transaction banking functionality - ranging from payments and cash management to trade services features - as well as to research and analytics content from HSBC. It also includes foreign exchange and money markets trading functionality.
The system is used widely by HSBC's high-end corporate and institutional clients served variously by the bank's CIBM, Commercial Banking (CMB) and Global Transaction Banking (GTB) divisions.
HSBC Direct
HSBC Direct is an online direct banking operation which attracts customers through their high-interest savings accounts and no service charges or minimum account balance requirements.
It was first launched in the 'USA' (November 2005) and is currently also available in 'Canada' (April 2007), 'Taiwan' (September 2006) and 'South Korea' (February 2007).
HSBC have announced plans to launch HSBC Direct in other countries, as well as gradually expand its product range to include other products.
Brand and Advertising
The group announced in November 1998 that the HSBC brand and the hexagon symbol would be adopted as the unified brand in all the markets where HSBC operates, with the aim of enhancing recognition of the Group and its values by customers, shareholders and staff throughout the world.
Hexagon symbol
This was originally adopted by The Hongkong and Shanghai Banking Corporation as its logo in 1983. It was developed from the bankâs house flag, a white rectangle divided diagonally to produce a red hourglass shape. Like many other Hong Kong company flags that originated in the 19th century, the design was based on the cross of Saint Andrew. The logo was designed by Graphics master Henry Steiner.
Sponsorship
Having sponsored the Jaguar Racing Formula One team since the days of Stewart Grand Prix, HSBC ended its relationship with the sport when Red Bull purchased Jaguar Racing from Ford. HSBC has now switched its focus to golf, taking title sponsorship of events such as the HSBC World Match Play Championship, HSBC Womenâs World Match Play Championship and HSBC Champions.
In football HSBC sponsors French club AS Monaco and Mexican club CF Pachuca.
In Rugby League HSBC sponsors Telford Raiders in the Rugby League Conference.
In Australia, HSBC sponsors the New South Wales Waratahs rugby team in the Super 14 competition, as well as the Hawthorn Football Club in the Australian Football League.
In the United States, HSBC owns the naming rights to the home arena of the Buffalo Sabres until 2026, the team plays in the North American National Hockey League.
HSBCâs other sponsorships are mainly in the area of education, health and the environment. They have an educational foundation and have recently (Nov 2006) announced a $5m partnership with SOS Children as part of Future First.[7]
HSBC's name and logo adorns many airport airbridges in the UK, particularly at London Heathrow and Gatwick airports. This advertising is also in place on airbridges at John F. Kennedy Airport and LaGuardia Airport in New York, Narita International Airport in Tokyo, and Pudong Airport in Shanghai.
Every year, HSBC sponsors the Great Canadian Geography Challenge, which have roughly two million participants in the past twelve years.
Since 2001, HSBC sponsors the Celebration of Light, an annual musical fireworks competition in Vancouver, British Columbia, Canada.
Slogan
Since the global adoption of the HSBC brand the following strap lines have been used:
★ 1999-2002: 'Your world of financial services'
★ 2002-present: 'The worldâs local bank'
Corporate Governance
Executive Pay
As of 2005 Michael Geoghegan, the company's CEO, was earning over ÂŁ700,000.00 (over 1 million US dollars) per year, and the chairman Sir John Bond, who retired in 2006, was earning 1.8 million US dollars. HSBC made record profits in the 2004-2005 year earning over 12 billion GB Pounds or more than 20 billion US dollars.
Household Acquisition
In 2003 HSBC completed its controversial acquisition of Household International, after Household settled on charges of predatory lending. The deal is now seen as in a much more positive light, The Banker suggests that "when banking historians look back, they may conclude that [it] was the deal of the first decade of the 21st century".[8] HSBC is expanding the Household International consumer financial model to Brazil, India and elsewhere.
Customer groups
HSBC splits its business into four distinct groups, on a global basis:
Personal Financial Services
HSBC provides more than 100 million customers world-wide with a full range of personal financial services, including current and savings accounts, mortgage loans, car financing, insurance, credit cards, loans, pensions and investments. The Consumer Finance group facilitates point of sale credit to consumers, and lends money and provides related services to meet the financial needs of everyday people.
Commercial Banking
HSBC provides financial services to small, medium-sized and middle-market enterprises. The group has almost 2.5 million of such customers, including sole proprietors, partnerships, clubs and associations, incorporated businesses and publicly quoted companies.
Corporate, Investment Banking and Markets
This customer group provides tailored financial services to corporate and institutional clients. Business lines comprise Global Banking, Global Markets, Global Research and Global Transaction Banking.
Private Banking
Private Banking provides financial services to high net worth individuals and their families in 68 cities. Over the last five years, acquired companies such as Republic New York Corporation, Safra Republic Holdings, The Bank of Bermuda and Wealth and Tax Advisory Services have been integrated into HSBCâs private banking business.
Strategy
Managing for Value 1998-2003
''Managing for Value'' was the strategy followed by the group between 1998 and 2003.
Managing for Growth 2003-2008
HSBC launched ''Managing for Growth'' at the end of 2003. This is a strategic plan that provides a blueprint for growth and development. HSBC aims to be the worldâs leading financial services company, defined as being preferred, admired, dynamic, and recognised for giving customers a fair deal.
★ Brand: to make HSBC and its hexagon symbol one of the worldâs leading brands for customer experience and corporate social responsibility;
★ Personal Financial Services: drive growth in key markets and through appropriate channels to make HSBC the strongest global player in personal financial services;
★ Consumer Finance: extend the reach of this business to existing customers through a wider product range, and penetrate new markets;
★ Commercial Banking: utilise HSBCâs international customer base through effective relationship management and improved product offerings in all the Groupâs markets;
★ Corporate, Investment Banking and Markets: accelerate growth by enhancing capital markets and advisory capabilities focused on client service in defined sectors where HSBC has critical relevance and strength;
★ Private Banking: serve the Groupâs highest value personal clients around the world;
★ People: attract, develop and motivate HSBCâs staff, rewarding success and rejecting mediocrity; and
★ TSR: fulfil HSBCâs TSR target by achieving strong competitive performances in earnings per share growth and efficiency. HSBCnet
History of HSBC Holdings plc
The Hongkong and Shanghai Banking Corporation building on
The Bund (with the round dome, currently houses the Shanghai Pudong Development Bank).
For the history of the HSBC Group prior to the founding of HSBC Holdings plc in 1991, see 'The Hongkong and Shanghai Banking Corporation'.
★ 1991 - shares are listed on the London and Hong Kong stock exchanges.
★ 1992 - acquisition of Midland Bank in the United Kingdom.
★ 1993 - the headquarters of HSBC Holdings moves from 1 Queens Road Central, Hong Kong to 10 Lower Thames Street, London.
★ 1997 - acquisition of Roberts S.A. de Inversiones of Argentina and Banco Bamerindus of Brazil.
★ 1999 - acquisition of Republic New York; shares are traded on a third stock exchange, the New York Stock Exchange, as American Depositary Receipts (ADRs).
★ 2000 - acquisition of CrĂ©dit Commercial de France; shares are traded on a fourth stock exchange, Euronext in Paris.
★ 2001 - acquisition of Demirbank of Turkey.
★ 2002 - acquisition of Grupo Financiero Bital, S.A. de C.V. of Mexico.
★ 2003 - the headquarters of HSBC Holdings moves from 10 Lower Thames Street, London to 8 Canada Square, London.
★ 2003 - acquisition of Household International of the United States.
★ 2003 - November 20, terrorist attack: a bomb blast in Istanbul damaged the bankâs head office in Turkey, causing several deaths and hundreds of injuries.
★ 2004 - acquisition of The Bank of Bermuda of Bermuda; shares are traded on a fifth stock exchange, the Bermuda Stock Exchange.
★ 2004 - acquisition of Marks & Spencer Retail Financial Services Holdings Ltd.
★ 2004 - acquisition of 19.9% of the Bank of Communications of Shanghai.
★ 2005 - acquisition of Metris Companies, Inc of the United States.
★ 2005 - during October 2005 HSBC acquired 70.1% Dar Es Salaam Investment Bank, having begun negotiations earlier in the year. The Coalition Provisional Authority originally granted HSBC along with Standard Chartered and National Bank of Kuwait licences to operate in Iraq.
★ 2006 - announcement of pre-tax profits of ÂŁ11.91 billion, a record for a British Bank.
★ 2006 - acquisition of Banca Nazionale del Lavoro of Argentina adds 90 branches to the South American business.
★ 2006 - acquisition of Grupo Banistmo, the largest financial services company in Central America, based in Panama.
Leverage Analysis
HSBC Holdings plc Leverage Analysis '| Fiscal Year[9] | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Fiscal Year End Date | 12/31/05 | 12/31/04 | 12/31/03 | 12/31/02 | 12/31/01 |
|---|
| Long Term Debt- | | | | | |
| % of Earnings Before Interest & Taxes | 1,006.2% | 733.9% | 782.5% | 302.8% | 306.9% |
| Long Term Debt- | | | | | |
| % of Earn Before Int, Tax, Depr & Amort | 938.0% | 673.1% | 710.8% | 271.8% | 272.7% |
| Long Term Debt- | | | | | |
| % of Total Assets | 14.3% | 11.1% | 11.3% | 4.5% | 4.0% |
| Long Term Debt- | | | | | |
| % of Total Capital | 68.5% | 58.5% | 57.7% | 36.6% | 35.1% |
| Long Term Debt- | | | | | |
| % of Common Equity | 231.6% | 162.8% | 156.3% | 65.0% | 61.7% |
| Total Debt- | | | | | |
| % of Earnings Before Interest & Taxes | 1,384.4% | 1,723.7% | 1,726.0% | 1,041.8% | 1,152.6% |
| Total Debt- | | | | | |
| % of Earn Bef Int, Tax, Depr & Amort | 1,290.6% | 1,580.8% | 1,567.9% | 935.2% | 1,023.9% |
| Total Debt- | | | | | |
| % of Total Assets | 19.6% | 26.0% | 24.9% | 15.3% | 15.1% |
| Total Debt- | | | | | |
| % of Total Capital | 94.3% | 137.5% | 127.3% | 125.8% | 131.6% |
| Total Debt- | | | | | |
| % of Total Capital & Short Term Debt | 75.0% | 76.8% | 75.0% | 66.5% | 67.0% |
| Total Debt- | | | | | |
| % of Common Equity | 318.7% | 382.3% | 344.8% | 223.7% | 231.6% |
| Minority Interest- | | | | | |
| % of Earnings Before Interest & Taxes | 27.2% | 68.7% | 73.1% | 58.8% | 71.1% |
| Minority Interest- | | | | | |
| % of Earn Bef Int, Tax, Depr & Amort | 25.4% | 63.0% | 66.4% | 52.8% | 63.2% |
| Minority Interest- | | | | | |
| % of Total Assets | 0.4% | 1.0% | 1.1% | 0.9% | 0.9% |
| Minority Interest- | | | | | |
| % Total Capital | 1.9% | 5.5% | 5.4% | 7.1% | 8.1% |
| Minority Interest- | | | | | |
| % of Common Equity | 6.3% | 15.2% | 14.6% | 12.6% | 14.3% |
| Common Equity- | | | | | |
| % Total Assets | 6.2% | 7.2% | 7.2% | 6.8% | 6.5% |
| Common Equity- | | | | | |
| % of Total Capital | 29.6% | 36.0% | 36.9% | 56.3% | 56.8% |
| Total Capital- | | | | | |
| % of Total Assets | 20.8% | 20.0% | 19.6% | 12.2% | 11.5% |
| Minority Interest- | | | | | |
| % of Earnings Before Interest & Taxes | 27.2% | 68.7% | 73.1% | 58.8% | 71.1% |
| Fixed Assets- | | | | | |
| % of Common Equity | 16.5% | 21.7% | 21.1% | 27.3% | 29.8% |
| Dividend Payout | 39.4% | 37.4% | 48.3% | 57.8% | 65.3% |
| Funds From Operations- | | | | | |
| % of Total Debt | 6.0% | 3.6% | 3.2% | 5.9% | 8.4% |
Notable current and former employees
Business
★ Jay Hambro - CEO of Aricom
★ Huw Jenkins - Chairman and CEO of UBS Investment Bank
★ Iqbal Khan - banker
Other
★ Dharshini David - television presenter
★ Naina Lal Kidwai - first Indian woman to graduate from Harvard Business School.
★ P. G. Wodehouse - writer
See also
★ Banks of the United Kingdom
★ List of buildings and structures in Hong Kong
★ HSBC Towers
★ HSBC Buildings
★ Primary dealers
External links
★ Group website
★ HSBC history at official site
★ HSBC Consumer Advocacy Group
★ HSBC Review Centre
References
1. HSBC, HSBC Holdings plc 2006 final results, March, 2007
2. http://finance.yahoo.com/q/bs?s=c
3. http://www.economist.com/markets/indicators/displaystory.cfm?story_id=7141354
4. Presentation by Douglas Flint, Group Finance Director at the UBS 2006 Global Financial Services Conference in New York on 15 May 2006
5. http://www.sbpost.ie/post/pages/p/story.aspx-qqqt=THE%20MARKET-qqqs=themarket-qqqid=15944-qqqx=1.asp The Post.ie, HSBC Ireland
6. http://news.bbc.co.uk/1/hi/business/5122886.stm
7. http://www.soschildrensvillages.org.uk/sos-childrens-charity/our-partners/hsbc-sos-partnership.htm
8. http://www.thebanker.com/news/fullstory.php/aid/769/Sir_John_Bond_lays_bare_HSBC%92s_strategy_for_gaining_ground.html
9. CorporateInformation Snapshot of HSBC Holdings plc
ۧÙŰč۱ۚÙŰ©
äžćœ
Français
Deutsch
ÎλληΜÎčÎșÎź
à€čà€żà€šà„à€Šà„
Italiano
æ„æŹèȘ
PortuguĂȘs
Đ ŃŃŃĐșĐžĐč
Español
