HSBC Holdings plc (HSBC) is a global banking and financial services company and it is the parent company of the HSBC Group. The Group serves customers worldwide from around 8,000 offices in 87 countries and territories in Europe, the Asia-Pacific region, North America, Latin America and the Middle East. Through its subsidiaries and associates, HSBC provides a range of banking and related financial services. The products and services of the Company include personal financial services, commercial banking, global banking and markets, and private banking. Total assets: US$ 2.691 trillion (as of June 30, 2011). Net profit: US$ 13.159 billion (2010).
In February 2009, HSBC sold its stake in Modern Asia Environmental Holdings Inc. to Japan’s Dowa Eco-system Co. In May 2009, the Company completed the acquisition of 88.89% of PT Bank Ekonomi Raharja Tbk in Indonesia. Today HSBC remains the largest bank in Hong Kong, and recent expansion in mainland China, where it is the largest international bank, has returned it to that part of its roots.
Disclaimer: Banks' information published on this site may not be true or accurate at all times. Always contact your bank to verify the correct bank parameters before using in a payment transaction (visit the official website of your bank).
The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources, however, we have not independently verified the data. Therefore you may wish to verify the data with your Bank institution.
HSBC :: Press Releases
07.08.2011 HSBC made a profit before tax of US$ 11.474 billion (1H2011), an increase of US $370 million, or 3.3%, compared with the first half of 2010.
28.02.2011 HSBC made a profit before tax of $19.04 billion in 2010, an increase of US$11.96 billion, or 169%, compared with 2009.
03.08.2009 The Group announced its result on 3 August 2009. Net profit in I half of 2009 decreased by 56.7% compared to the same period of 2008. More
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney
HSBC Holdings plc (HSBC) is a global banking and financial services company and it is the parent company of the HSBC Group. The Group serves customers worldwide from around 8,000 offices in 87 countries and territories in Europe, the Asia-Pacific region, North America, Latin America and the Middle East. Through its subsidiaries and associates, HSBC provides a range of banking and related financial services. The products and services of the Company include personal financial services, commercial banking, global banking and markets, and private banking. Total assets: US$ 2.691 trillion (as of June 30, 2011). Net profit: US$ 13.159 billion (2010).
+44-20-79918888
+44-20-79924880