 | |
| Type | Public (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSB, BSX: 1077223879) |
|---|---|
| Founded | Hong Kong (1865) |
| Founder(s) | Thomas Sutherland |
| Headquarters | 8 Canada Square, London, England, UK |
| Key people | Stephen Green, Group Chairman Michael Geoghegan, Group Chief Executive |
| Industry | Finance and insurance |
| Revenue | £49,759 million (2008) |
| Operating income | £5,072 million (2008) |
| Net income | £3,541 million (2008) |
| Employees | 312,000 (9,500 offices in 85 countries and territories) |
| Subsidiaries | HSBC Bank plc, The Hongkong and Shanghai Banking Corporation, HSBC Bank USA, HSBC Bank Middle East, HSBC Mexico, HSBC Bank Brasil, HSBC Finance |
| Website | www.hsbc.com |
HSBC Holdings plc is a public limited company incorporated in England and Wales in 1990, and headquartered in London since 1993. As of 2009, it is both the world's largest banking group and the world's 6th largest company according to a composite measure by Forbes magazine. The group was founded from The Hongkong and Shanghai Banking Corporation based in Hong Kong, the acronym of which led to the current name. Today, whilst no single geographical area dominates the group's earnings, Hong Kong still continues to be a significant source of its income. Recent acquisitions and expansion in China are returning HSBC to part of its roots.HSBC has an enormous operational base in Asia and significant lending, investment, and insurance activities around the world. The company has a global reach and financial fundamentals matched by few other banking or financial multinationals.
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