HSBC

HSBC Holdings plc
Company type	Public limited company
Traded as	LSE:HSBA; SEHK:5; NYSE:HSBC(ADR); FTSE 100 Component(HSBA); Hang Seng Component(0005)
Industry	Banking,Financial services
Founded	1865
Founder	Sir Thomas Sutherland
Headquarters	HSBC Tower, London, United Kingdom
Area served	Worldwide
Key people	Mark Tucker; (Group Chairman); Stuart Gulliver; (Group Chief Executive)
Services	Retail banking,corporate banking,investment banking,mortgage loans,private banking,wealth management,credit cards,finance and insurance
Revenue	US$47.96 billion(2016)
Operating income	US$7.112 billion(2016)
Net income	US$2.479 billion(2016)
Total assets	US$2.374 trillion(2016)
Total equity	US$175.38 billion(2016)
Number of employees	235,175 (2016)
Subsidiaries	Subsidiaries The Hongkong and Shanghai Banking Corporation; HSBC Bank USA; HSBC Bank plc; HSBC UK Bank plc; HSBC Bank USA; HSBC Bank India; HSBC Mexico; HSBC Bank Malaysia; HSBC Bank Middle East; HSBC Finance; Hang Seng Bank;
Website	www.hsbc

TheHSBC Groupis aBritish^[3]banking group,that is the second largest in the world. It was founded in 1865,Hong Kong,by the Scottish banker, Thomas Sutherland. Now, it's head office is inLondon,in theUnited Kingdom,in the building known as8 Canada Square.Although it is a British Bank, it owns lots of banks in other countries around the world, including some in theUnited States,France,Spain,Argentina,Russia,andChina(PR, China).

It has a dual listing on the Hong Kong Stock Exchange and London Stock Exchange, ranked 38th in Forbes' 2022 list of large companies. However, HSBC has been involved in controversies, including fines for money laundering and accusations of setting up tax avoidance schemes.^[4]^[5]

References

↑^1.0^1.1^1.2^1.3^1.4^1.5"Annual Report 2016".HSBC. Archived fromthe originalon 23 February 2017.Retrieved15 March2016.
↑UK Ring Fencing | HSBC UKAccessed on 11 December 2017
↑"About HSBC".
↑TUCKER "," ANDREA MURPHY "," HANK."The Global 2000 2023".Forbes.Retrieved2023-06-09.{{cite web}}:CS1 maint: multiple names: authors list (link)
↑"Shareholder and dividend information | HSBC Holdings plc".HSBC.Retrieved2023-06-09.

Other websites

Official website

- Business data for HSBC Holdings plc:
- Reuters
- SEC filings

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[results-1] 1.0^1.1^1.2^1.3^1.4^1.5"Annual Report 2016".HSBC. Archived fromthe originalon 23 February 2017.Retrieved15 March2016.

[2] UK Ring Fencing | HSBC UKAccessed on 11 December 2017

[3] "About HSBC".

[4] TUCKER "," ANDREA MURPHY "," HANK."The Global 2000 2023".Forbes.Retrieved2023-06-09.{{cite web}}:CS1 maint: multiple names: authors list (link)

[5] "Shareholder and dividend information | HSBC Holdings plc".HSBC.Retrieved2023-06-09.

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