Page 3 - HSBC (D) Case Study

FINES: ‘The cost

of doing

business’

HSBC Holdings plc, is a
British multinational

banking and financial
services holding

company and is the

world’s seventh largest
bank by total assets

some $2.521 trillion in 2017.

In 2017 HSBC had a revenue of $51.445 billion and a net

income of some $11.879 billion and employed 228, 687

people in 3,900 offices, operating in 67 countries.

HSBC is organised within four business groups:

• Commercial Banking;

• Global Banking and Markets (investment banking);

• Retail Banking and Wealth Management; and

• Global Private Banking,

and is listed on both the Hong Kong Stock Exchange and

the London Stock Exchange.