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HSBC

HSBC is an England-based financial institution that provides wealth management and digital banking services for individuals and businesses. Read more

Noel Quinn's photo - CEO of HSBC

CEO

Noel Quinn

CEO Approval Rating

59/100

Founded:

1865

Status:

PublicIndependent CompanyNYSEHSBC

HSBC TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Citi is the top competitor of HSBC. Citi was founded in 1812, and its headquarters is in New York, New York. Like HSBC, Citi also operates in the Banks field. Citi has 25,175 fewer employees than HSBC.

UBS is seen as one of HSBC's top competitors. UBS was founded in Zurich, Zurich} in 1862. Like HSBC, UBS also works within the Banks field. Compared to HSBC, UBS generates $30.7B less revenue.

Bank of America is HSBC's #3 rival. Bank of America's headquarters is in Charlotte, North Carolina, and was founded in 1998. Like HSBC, Bank of America also operates in the Banks sector. Bank of America generates 135% of HSBC's revenue.

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HSBC Quarterly and Annual Revenue

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Annual Revenue

$63.1B

HSBC's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 41.2B.

HSBC Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

HSBC Life Insurance Co. Ltd.

Jan 2020

Source »
undisclosed
-

-

Metris Companies Inc.

Aug 2005

Source »
$1.6B
-

-

Polski Kredyt Bank S.A.

Sep 2003

Source »
$7.8M
-

-

Household Finance Corp.

Nov 2002

Source »
$15.3B
-

-

Credit Commercial de France

Apr 2000

Source »
$10.5B
-

These are all the companies that HSBC has acquired. HSBC has acquired 5 companies and its latest acquisition was HSBC Life Insurance Co. Ltd. in Jan 2020.

HSBC Funding History

Since HSBC was founded in 1865, it has participated in 4 rounds of funding. In total HSBC has raised $3.1B. HSBC's last funding round was on Mar 2021 for a total of $450.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Mar 2021
$450.8M
-
Investment Fund
Aug 2020
$260M
-
Investment Fund
Jul 2020
$1.5B
-
Investment Fund
Jun 2019
$880M
-

Since HSBC was founded in 1865, it has participated in 4 rounds of funding. In total HSBC has raised $3.1B. HSBC's last funding round was on Mar 2021 for a total of $450.8M

HSBC Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

BargainMax is an England-based online retailer that allows users to buy outdoor toys, puzzles, dolls and related entertainment products for children.
-
Jun 06, 2021
Debt
-
Divido is an England-based fintech platform that provides buy now pay later billing, lending, payment processing and related solutions for retailers and merchants.
$30M
Jun 01, 2021
Series B
-
Coppel is a Mexico-based company that owns and operates a chain of 1600 department stores that sells products such as clothing, furniture, appliances, jewelry and accessories.
$2B
May 31, 2021
Debt
-
Growve is a Florida-based technology-enabled consumer products company that acquires and operates Amazon third-party businesses and other D2C brands.
$175M
May 26, 2021
Debt
-
K3 Capital is an England-based financial services firm that provides tax planning, financial advisory, business brokerage and related services for SMEs.
$21.2M
May 24, 2021
Debt
-

These are all the companies that HSBC has invested in. HSBC has invested 5 companies and its latest investment was HSBC Life Insurance Co. Ltd. in Jan 2020.

HSBC News

June 17, 2021Daily Express

HSBC scam warning as Britons told 'new device' is accessing their bank account

HSBC customers are being warned of a scam which has been circulating in the last few hours via a batc... See more »
June 17, 2021ABF Journal

HSBC USA Expands Sustainable Finance Offerings with Sustainability-Linked Loans

HSBC Bank USA, part of the HSBC Group, will begin offering sustainability-linked loans (SLL) that wil... See more »
June 17, 2021South China Morning Post

HSBC, Standard Chartered say border reopening, finding talent key to their Greater Bay Area expansion plans

HSBC and Standard Chartered's expansion plans in the Greater Bay Area face headwinds from the Covid-1... See more »
June 17, 2021etfexpress

HSBC Asset Management appoints UK ETF Business Development Director

HSBC Asset Management appoints UK ETF Business Development Director Submitted 17/06/2021 - 9:56am HSB... See more »
June 17, 2021Retail News Asia

HSBC Private Banking Launches Online Trading in Asia

read the original version on: www.retailnews.asia HSBC has opened access to online trading for privat... See more »
June 16, 2021Bdaily

Event tech firm secures East London site with six-figure HSBC UK support

A London-based IT and event technology company has secured six-figure funding from HSBC UK to secure ... See more »
June 16, 2021MarketScreener

Malta sponsors Science Safari 2021 winners' prizes

(marketscreener.com) News Release 16 June 2021 HSBC Malta sponsors Science Safari 2021 winners' prize... See more »

HSBC Press Releases

February 14, 2021News n Releases

Qatar Islamic Bank completes $100 million Islamic trade facility in MENAT with HSBC

DOHA: Qatar Islamic Bank completed with HSBC Bank Middle East its first Islamic Trade Facility in MEN... See more »
January 14, 2021Business Wire

Cash Flow Forecasting now available to Commercial Banking clients in HSBCNet

VANCOUVER, British Columbia--(BUSINESS WIRE)--HSBC Commercial Banking clients can now access a leadin... See more »
January 11, 2021StreetInsider

HSBC Joins MioTech's Series B Financing Round

HONG KONGÂ and SHANGHAI, Jan. 10, 2021 /PRNewswire/ -- MioTech, the AI-based sustainability data and ... See more »
December 17, 2020Business Wire

HSBC Global Asset Management Announces Change to the HSBC Emerging Markets Pooled Fund

VANCOUVER, British Columbia--(BUSINESS WIRE)--HSBC Global Asset Management announces change to the HS... See more »
December 9, 2020PR Newswire

SC Ventures Invests in OpenFin

NEW YORK and LONDON, Dec. 9, 2020 /PRNewswire/ -- OpenFin, the operating system (OS) of finance, anno... See more »
December 1, 2020Business Wire

HSBC USA Observes #GivingTuesday with $400,000 In New Contributions to Feeding America, American Red Cross and to Address Evictions Crisis

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA kicks off the year-end giving season with announcements on G... See more »
November 5, 2020centralcharts

AXA Hong Kong and HSBC jointly launch ResidenceSurance

AXA Hong Kong and HSBC jointly launch ResidenceSurance Custom-made plans meeting the specific needs o... See more »

HSBC Videos

Social Media

HSBC Headquarters

8 Canada Square

London, EnglandE14 5HQ

Driving Directions »

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HSBC Summary

ABOUT

Overview

HSBC Holdings, Plc (NYSE: HSBC) provides banking and financial products and services. It was established in 1865 to finance trade between Europe and Asia. In March, 1865, it opened its doors for business in Hong Kong, and today it serves 60 million cu...

CEO

HSBC's CEO, Noel Quinn, currently has an approval rating of 59%. HSBC's primary competitors are Citi, UBS & Bank of America.

Website

hsbc.com

Frequently Asked Questions about HSBC

  1. When was HSBC founded?

    HSBC was founded in 1865
  2. Who is HSBC's CEO?

    HSBC's CEO is Noel Quinn
  3. How much revenue does HSBC generate?

    HSBC generates $63.1B in revenue
  4. How much funding does HSBC have?

    HSBC has historically raised $3.1B in funding
  5. Where is HSBC's headquarters?

    HSBC's headquarters is in London England, GB
  1. How many employees does HSBC have?

    HSBC has 235,175 employees
  2. What sector does HSBC operate in?

    HSBC is in Banks, Diversified Financial Services
  3. Who are HSBC's competitors?

    HSBC's top competitors are Citi, UBS, Bank of America
  4. Who has HSBC invested in?

    HSBC's has invested in companies such as BargainMax, Divido, Coppel