Analysis and Comparison of Hsbc and Barclays Bank

Topics: Bank, HSBC, FTSE 100 Index Pages: 10 (3036 words) Published: April 7, 2013
Analysis And Comparison Of Hsbc And Barclays Bank Finance Essay This report compares financial performance of two major banks of UK i.e. HSBC Bank Plc and Barclays Bank Plc on the basis of their Balance sheets and profit and loss accounts for the year 2009. This report also provides SWOT analysis of both banks i.e. HSBC and Barclays Bank Plc and provides an insight into their Banking Strategies. The key financial indicators for evaluating financial performance of any bank are Profit Before Tax, Capital Ratio, Adjusted Gross Leverage, Loan Funding Ratio, Net income, Assets and Liabilities, Equity and Share Holders return. Barclays reported net profit of £ 10,289 milllion in 2009, an increase of 96% as compared to 2008.Although Barclays Bank UK reported a decrease of 55% in profit before tax and it was £ 612 million in 2009.Barclays commercial bank profit before tax decrease 41% to £ 749 million in 2009. HSBC Bank Plc and its group subsidiaries reported net profit of £3,158 million as compared to £3,523 in 2008, a decrease of 10.36% than previous year. HSBC UK retail bank reported a profit of £ 988 million for 2009 as compared to £ 2,139 in 2008 registering a decrease of 54% in profit before tax as compared to previous year. BARCLAYS BANK PLC AND HSBC BANK PLC

Barclays plc
Barclays logo.svg
Tower Hamlets, London, England, UK
Area served
Key people
Marcus Agius
“Fluent In Finance; Its Our Business to Know Your Business”. Barclays Plc is a full-fledged financial services group from United Kingdom. Its a Holding Company of Barclay Brand companies listed on London and New York stock, till 2008 it was also listed on Tokyo Stock Exchange. Barclays offer very wide portfolio of financial services under two word renowned business clusters: Global Retail Banking and Corporate Investment Banking and Wealth Management Services. Barclays provides world-class services in Retail Banking, Credit Cards, Corporate Banking , Wealth Management and Investment Management around the globe with an extensive international presence in Europe, The Americas , Africa and Asia. With 300 years of history and expertise in banking , Barclays operate in over 50 Countries employs around 1,44,000 people around the world. The History of Barclays can be traced back to 1690, when two goldsmith bankers namely John Freame and Thomas Gould started trading on Lombard street, London. Barclays has over 1800 UK high street branches (including former Woolwich branches) and it has also joined up with the Post Office Ltd to provide personal banking services to customers who live near a Post Office branch and those who need financial services such as secured or unsecured loans. Worldwide, Barclays has over 4,750 branches in over 50 countries[47]. Most Barclays branches have 24/7 ATMs. Barclays’ customers and customers of many other banks can use Barclays ATMs free of charge. Barclays Capital is a strong investment arm owned by Barclays Bank PLC. Barclays Capital had created an investment funds business that handles billions of pounds daily, iShares. After much debate, Barclays president Bob Diamond, along with other Barclays bosses chose to sell the iShares business to further boost capital. The preliminary price for the business is £3billion, although Barclays has the flexibility to sell at a higher price, should a bidder show interest before the selling deadline. HSBC Holdings plc

HSBC Holdings PLC logo
SEHK: 005
Euronext: HSB
BSX: 1077223879
Financial services
Investment services
Hong Kong (1865)
Thomas Sutherland
London, United Kingdom[1]
Area served
Key people
Stephen Green
Group Chairman
“The Worlds Local Bank”.
HSBC Holdings Plc was incorporated in 1990, in England, and this was followed by change...
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