Hsbc Swot Analysis

Only available on StudyMode
  • Topic: HSBC, HSBC Finance, HSBC Bank
  • Pages : 15 (4574 words )
  • Download(s) : 608
  • Published : January 7, 2013
Open Document
Text Preview
SWOT Analysis – HSBC

Strengths--
*Significant presence in each of the world's financial markets. Principal Subsidiaries:
Asia-Pacific:
HSBC Bank Australia Limited
HSBC Bank China Company Limited
The Hong Kong and Shanghai Banking Corporation Limited
Hang Seng Bank Ltd
HSBC Bank Malaysia Berhad
HSBC Bank Philippines Ltd
Europe:
HSBC Bank Armenia
HSBC France
HSBC Trinkaus und Burkhardt AG
HSBC Turkey
HSBC Bank International
HSBC Bank Malta plc
HSBC Private bank UK ltd
HSBC Bank plc
Latin America:
HSBC Bank Argentina SA
HSBC Bank Brazil SA
HSBC Bank Colombia SA
HSBC Mexico SA
HSBC Bank El Salvador
Middle East and North Africa:
HSBC Bank Middle East Ltd
HSBC Bank Egypt SAE
The Saudi British Bank

North America:
HSBC Bank Canada
HSBC Bank USA Inc
HSBC Finance Corporation

*Wide Business Range.
Principal Business Groups and Divisions:
Commercial Banking
Global Banking and Markets (Investment Banking)
Personal Financial Services (Retail Banking and Consumer Finance) •Global Private Banking
Commercial Banking:
HSBC provides financial services to small, medium-sized and middle-market enterprises. The group has more than 3 million of such customers, including sole proprietors, partnerships, clubs and associations, incorporated businesses and publicly quoted companies. Global Banking & Markets:

Global Banking and Markets is the investment banking arm of HSBC. It provides investment banking and financing solutions for corporate and institutional clients, including corporate banking, investment banking, capital markets, trade services, payments and cash management, and leveraged acquisition finance. It provides services in equities, credit and rates, foreign exchange, money markets and securities services, in addition to asset management services. Global Banking and Markets has offices in more than 60 countries and territories worldwide, and describes itself as "emerging markets-led and financing-focused". Global Private Banking:

HSBC Private Bank, together with the private banking activities of HSBC Trinkaus, known collectively as Group Private Banking, provides services to high net worth individuals and their families through 93 locations in some 42 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. As of December 2007, profits before tax were US$1,511 million and combined client assets under management were US$494 billion.

Retail Banking and Wealth Management:
HSBC provides more than 100 million customers worldwide with a full range of personal financial services, including current and savings accounts, mortgage loans, car financing, insurance, credit cards, loans, pensions and investments. 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 (India), Hyderabad (India), Vishakhapatnam (India), Kolkata (India), Guangzhou (China), Curitiba (Brazil) and Kuala Lumpur (Malaysia). Currently, HSBC operates centres out of eight countries, including Brazil (Curitiba), The Czech Republic (Ostrava), India (Kolkata, Hyderabad, Bangalore, Visakhapatnam, Mumbai, Gurgaon and Pune), China (Shanghai, Guangzhou and Shenzhen), Malaysia (Kuala Lumpur), Poland (Krakow), Sri Lanka (Rajagiriya) and Philippines (Manila). The Malta trial for a UK high value call centre has resulted in a growing operation in that country. 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 bank’s French operations. Global Product Lines:

HSBC Advance:
HSBC Advance is the group's product aimed at working professionals. The exact benefits and qualifications vary...
tracking img