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HSBC Holdings plc · London United Kingdom ·(NYSE: HBC)(London: HSBA)

Company Description

8 Canada Sq.
London
E14 5-HQ
United Kingdom (Map)
Phone: +44-20-7991-8888
Fax: +44-20-7992-4880
Rankings
  • FTSE 100
  • Hang Seng
  • Dow Jones STOXX 50
  • Dow Jones Global Titans
  • #29 in FT Global 500
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HSBC would be a real alphabet soup if the company's name reflected its geographic diversity. One of the world's largest banks by assets, HSBC Holdings is active throughout the UK and Europe, North and South America, Asia/Pacific, Australia, the Middle East, and Africa. All told, the company has some 10,000 offices in more than 80 countries, providing consumer and commercial banking services, credit cards, asset management, private banking, securities underwriting and trading, insurance, and leasing. Its North American operations include HSBC USA, credit card issuer HSBC Finance, and HSBC Bank CanadaTo read the full description, subscribe now.
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Key HSBC Holdings plc Financials

Company TypePublic - NYSE: HBC - London: HSBA

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$63,634.0
2008 Employees325,000

HSBC Holdings plc Executives

82 executives listed for HSBC Holdings plc's London,  location.
TitleName & BioContact
Group ChairmanStephen GreenNetwork
CEO and DirectorMichael GeogheganNetwork
Finance Director and Executive Director; Chairman, HSBC FinanceDouglas FlintNetwork

Competition

Competitive Landscape for HSBC Holdings plc
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top HSBC Holdings plc Competitors
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