Analysis and Comparison of Hsbc and Barclays Bank
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
Type
Public
LSE: BARC
NYSE: BCS
Industry
Banking
Founded
1690
Headquarters
Tower Hamlets, London, England, UK
Area served
Worldwide
Key people
Marcus Agius
Chairman
BARCLAYS BANK PLC
“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
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
Type
Public
LSE: BARC
NYSE: BCS
Industry
Banking
Founded
1690
Headquarters
Tower Hamlets, London, England, UK
Area served
Worldwide
Key people
Marcus Agius
Chairman
BARCLAYS BANK PLC
“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