Page 11 - HSBC (D) Teaching Note

HSBC The world’s local bank

Founded in 1865 by Sir Thomas Sutherland to
finance the growing trade between China and
Europe

One of the largest banking and financial
organisation in the world. $2.5 tr Total assets,
Revenue $51.5 bn, 38 million customers

Headquarters based in London since 1995.

HSBC employs 230,000, with 8000 offices, operating
in 88 countries. Net Income (profit) $11.9 bn

Tagline: ‘World’s Local bank’ followed by

‘HSBC helps you unlock the world’s potential’

HSBC operates in five regions:

Europe,
Hong Kong,
the rest of Asia and Pacific (including the Middle

East and Africa),
North America and

South America.