Company

HSBC

Official Name: HSBC Holdings plc

Headquarters: London, United Kingdom

Founded: First established on 3 March 1865

Employees: 219,697

CEO: Mr. Noel Paul Quinn

LSE: HSBA +0.49%

Market Cap

£122.38 Billion

GBP as of Jan. 1, 2024

US$155.80 Billion

Market Cap History

Company Description

HSBC Holdings PLC is a multinational banking and financial services company, dual-listed both in London and Hong Kong. Founded in Hong Kong and Shanghai in 1865, HSBC has grown to operate in more than 60 countries, with operations in commercial banking, investment banking, retail banking and wealth management, and global private banking.

HSBC market capitalization over time

Evolution of HSBC Holdings plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of HSBC Holdings plc

Detailed Description

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions. This segment serves personal banking and high net worth individuals. The Commercial Banking segment provides credit and lending, treasury management, payment, cash management, commercial insurance, and investment services; commercial cards; international trade and receivables finance services; foreign exchange products; capital raising services on debt and equity markets; and advisory services. It serves small and medium sized enterprises, mid-market enterprises, and corporates. The Global Banking and Markets segment offers financing, advisory, and transaction services; and credit, rates, foreign exchange, equities, money markets, and securities services; and engages in principal investment activities. It serves government, corporate and institutional clients, and private investors. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.

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Product & Services

Financial services, Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance

Key People

Founder(s): Sir Thomas Sutherland (for The Hongkong and Shanghai Banking Corporation branch)

Mark Tucker (Group Chairman) Noel Quinn (Group Chief Executive)

Financials

Revenue: US$49.552 billion (2021)

Operating income: US$18.906 billion (2021)

Net income: US$14.693 billion (2021)


Total assets: US$2.958 trillion (2021)

Total equity: US$206.777 billion (2021)

Details

Headquarters:

8 Canada Square

London, E14 5HQ

United Kingdom

Phone: 44 20 7991 8888

Fax: 44 20 7992 4880