HONGKONG AND SHANGHAI BANKING CORPORATION
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Number of locations 8,000 offices in 87 countries & territories
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Founded
Hong Kong (1865)
Founder(s)
Headquarters Area served Key people
Thomas Sutherland
London, United Kingdom Worldwide Stephen Green (Group Chairman) Michael Geoghegan (Group CEO)
Products
Finance and insurance,
Consumer Banking,
Corporate Banking, Investment Banking, Global Wealth Management and many more
Revenue Operating income Profit Total assets Total equity Employees
$103.74 billion (2009) $7.079 billion (2009) $5.834 billion (2009) $2.364 trillion (2009) $128.299 billion (2009) 302,000 (2009)
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COMPANY HISTORY
1865-1899 1900-1945 1496-1979 1980-1999 2000-present Day
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SERVICES
Personal financial services Commercial banking Global banking and markets Private banking NRI Services
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HSBC's origins in India Starting with an authorized capital of Rs 5 million. In India, the Bank offers a comprehensive suite of worldclass products and services to its corporate and commercial banking clients as also to a fast growing personal banking customer base.
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SUMMARY OF FINANCIAL PERFORMANCE 2009:
Net interest income by 10 per cent higher. Customer deposits grew by 18 per cent mainly in the UK In 2009, revenue grew 7.6% on underlying basis The return on average invested capital was 13.7%
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FUTURE PLANNING OF THE COMPANY
BEST PLACE TO BANK Strategy
BEST PLACE TO WORK Strategy Expansion in the future.
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Number Of Locations 1700+ branches in more than 71 countries.
Founded Headquarters Area served
Founded with a merger in 1969 London, England Worldwide
Key people
John W. Peace(Chairman of the Board)
Peter A. Sands(CEO)
Products
Private Banking Consumer Banking, Corporate Banking,
Investment Banking,
Global Wealth Management and many more Revenue $15.184 billion (2009)
Operating income $5.151 billion (2009) Profit $3.477 billion (2009)
Total assets
Total equity Employees
$436.653 billion (2009)
$27.930 billion (2009) 80,000 (2009)
Catalyst for change We have a key role to play in stimulating economic and social development through the services we provide and by being a force for good. The success of our business depends on this. Peter Sands, Group Chief Executive
VISION & MISSION OF THE BANK
1969: Founded in 1969 with the merger of two international banksStandard Bank of British South Africa and Chartered Bank of India, Australia and China. 1986: In 1986 Lloyds Bank of the United Kingdom made a hostile takeover bid for the Group. From 2000 onwards: In 2000, Standard Chartered acquired Grindlays Bank from ANZ Bank, increasing its presence in private banking In India, Standard Chartered integrated most of Grindlays' operations, making Standard Chartered the largest foreign bank in the country On 15 April 2005, the bank acquired Korea First Bank, beating HSBC in the bid Standard Chartered has been continuously expanding through mergers and acquisition in many Asian and Middle east countries
IMPORTANT EVENTS
Corporate banking Private banking Credit Cards
GLOBAL PRODUCTS AND SERVICES
Global banking and markets Standard Chartered Breeze Personal financial services and Insurance
SWOT ANALYSIS
STRENGTH
Network of Branches Competitive rates Highly qualified research team Good and diverse product Strong network throughout India
WEAKNESS
Account access problem of customers Doesnt give much importance to small companies
OPPORTUNITIES
The growing interest of people in the Derivative and Foreign exchange market
Very fast recovery of Indian stock market
THREATS
Competition from major banks like ICICI,HDFC,HSBC,SBI,AXIS Downfall in Export market due to recession Speculation in derivative market
FUTURE ENDEAVOUR
To become the worlds most preferred international bank To become the leader in global banking
To become customers most preferred bank in the country that they operate
