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HSBC Holdings plc
Company typePublic limited company
FTSE 100 Component (HSBA)
Hang Seng Component (0005)
IndustryBanking, Financial services
Founded1865 Edit this on Wikidata
FounderSir Thomas Sutherland
HeadquartersHSBC Tower,
United Kingdom
Area served
Key people
Mark Tucker
(Group Chairman)
Stuart Gulliver
(Group Chief Executive)
ServicesRetail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance
RevenueDecrease US$47.96 billion (2016)[1]
Decrease US$7.112 billion (2016)[1]
Decrease US$2.479 billion (2016)[1]
Total assetsDecrease US$2.374 trillion (2016)[1]
Total equityDecrease US$175.38 billion (2016)[1]
Number of employees
Increase 235,175 (2016)[1]
HSBC World Headquarters in London.

The HSBC Group is a British[3] banking group, that is the second largest in the world. It was founded in 1865, Hong Kong, by the Scottish banker, Thomas Sutherland. Now, it's head office is in London, in the United Kingdom, in the building known as 8 Canada Square. Although it is a British Bank, it owns lots of banks in other countries around the world, including some in the United States, France, Spain, Argentina, Russia, and China (PR, China).

It has a dual listing on the Hong Kong Stock Exchange and London Stock Exchange, ranked 38th in Forbes' 2022 list of large companies. However, HSBC has been involved in controversies, including fines for money laundering and accusations of setting up tax avoidance schemes.[4][5]

References[change | change source]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Annual Report 2016". HSBC. Archived from the original on 23 February 2017. Retrieved 15 March 2016.
  2. UK Ring Fencing | HSBC UK Accessed on 11 December 2017
  3. "About HSBC".
  4. TUCKER", "ANDREA MURPHY"," HANK. "The Global 2000 2023". Forbes. Retrieved 2023-06-09.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. "Shareholder and dividend information | HSBC Holdings plc". HSBC. Retrieved 2023-06-09.

Other websites[change | change source]