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).
Company type | Public limited company |
---|---|
LSE: HSBA SEHK: 5 NYSE: HSBC (ADR) FTSE 100 Component (HSBA) Hang Seng Component (0005) | |
Industry | Banking, Financial services |
Founded | 1865 |
Founder | Sir Thomas Sutherland |
Headquarters | HSBC Tower, London , United Kingdom |
Area served | Worldwide |
Key people | Mark Tucker (Group Chairman) Stuart Gulliver (Group Chief Executive) |
Services | Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance |
Revenue | US$47.96 billion (2016)[1] |
US$7.112 billion (2016)[1] | |
US$2.479 billion (2016)[1] | |
Total assets | US$2.374 trillion (2016)[1] |
Total equity | US$175.38 billion (2016)[1] |
Number of employees | 235,175 (2016)[1] |
Subsidiaries | Subsidiaries
|
Website | www |
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]
Wikiwand in your browser!
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.