Page 12 - HSBC (D) Teaching Note
P. 12
HSBC Holdings plc provides banking and financial services
to personal, commercial, corporate, institutional,
investment, and private banking clients. The company has
an international network of approximately 8,000
properties in 80 plus countries and territories in six
geographical regions: Europe; Hong Kong; Rest of Asia-
Pacific; the Middle East; North America, and Latin America
(5) with more than 284,000 employees, spread over 6,900
offices.
The bank currently has its headquarters in London, and
latest revenue was approximately £13billion with profits
over £1.8billion for the year ending 2017 (Annual Report
2017).
HSBC has dual primary listings in London and Hong Kong.
Historically the CEO was based in Hong Kong.
