Business Analysis Of HSBC

Business Analysis Of HSBC HSBC is public limited bank and it’s headquartered is located in London, England since 1993. HSBC bank was founded in 1865 in and it was started with name † The Hong kong and Shanghai Banking corporation â€Å".The bank has lots of branches throughout the world. HSBC bank offers wide range of banking, Investment and financial service to high and economic customers. It holds international network of 8000 properties in 88 countries and regions in Europe, Hong kong, Rest of Asia-Pacific, The Middle East, The Americas and Africa. Previously, the Middle East is known as part of ‘Rest of Asia -Pacific ‘. HSBC offers comprehensive range of financial service within these international network. Banking service such as Credit and debit accounts, bank loans (secured loans, loans, unsecured loans, car loans etc.), mortgages, overdraft facility, and insurance are being served by the bank. It also provides Internet banking and Offshore banking. HSBC is one of the worldâ €™s largest banking and financial service group with 8th rank, according to Forbes Magazine. It has market capitalisation of US$ 199 billion since 31st December 2009. It is listed on the so many stock exchanges like London, Hong kong, New York , Barmuda and Paris; it is also part of the FTSE 100 index and HangSeng index. HSBC is also world’s first bank which was opened internationally that means â€Å"World’s Local Bank† and it was financed various projects like Railroad Building due to mordenization in early 20th century. History of HSBC: The history of HSBC is as old as extremely intresting for the each and every person and organization who wants great deal with the bank around the globe. Furthermore, bank is offering large amount of service to an individuals and institutions. FOUNDATION AND GROWTH : HSBC originally stands from â€Å"The Hongkong and Shanghai Banking Corporation † which is established by Scot Thomas Sutherland in Hongkong ( 3rd marc h ) in 1865. Then and as now,1 Queen’s Road Central was bank’s headquartered in Hongkong , plus another was opened in Shanghai one month later in 3rdapril 1865 to finance growing trade between China and Europe. In addition, one year later the London office was opened. During the nineteenth and early twentieth century, the bank opened its more branches in China, Asia, Japan, Europe and North America to provide financial service for its clients. Throughout the Second war the bank closed its many branches due to an international financial crisis and the head office was temporarily moved from Hongkong to London. Then after, the bank played major roll in rebuilding of Hongkong economy and that was the time for geographical spread through acquisition and alliances . In 1959, the bank purchased two banks that was The British Bank of Middle East and The Mercantile Bank (based in India). The Bank moved to Canadian and Australian market to expand its business during 1981-1986. I n 1987 The Marine Midland Bank (Now HSBC Bank of USA) became a member of the group. In 1991, HSBC Holding PLC was established and it became parent company to The Hong kong and Shanghai Banking Corporation, the shares were traded in both London Hong -kong stock exhanges.

Paper 2 Essay Example | Topics and Well Written Essays - 500 words - 1

Paper 2 - Essay Example He argues that good performance profiles should define success and thus meeting the minimum requirements (Uttaro, Paras 2-3). Management position also requires a good performance profile, which removes non-fact based opinions. It is wise to avoid personal bias by using performance profiles to be aware of characters that have been proven by scientists to make employees satisfied. The other thing is by staying current. Good performance profiles are made by using recent performance of your employees. Taking note of current performance of employees is a good tool when developing performance profiles. The other important aspect is developing performance profile that maximizes odds. Making use of performance profiles enables one easily to hire people who will be productive and stay longer in your firm (Uttaro, Paras. 4- 6). After school, accountancy will be the career of choice. The job requires knowledge in preparing financial statements. It also requires a commitment, speed, and accuracy, and you need to have computer skills especially in Microsoft Excel. The best performance profile for the accounting job that will lead to effective performance can be seen below. First is to prepare a comprehensive plan to achieve accounting objectives with a distinct period that you want to accomplish. Secondly, one should conduct a comprehensive operational review. Work with other financial accountants and assess all aspects of the company’s operating performance. Develop a plan of action to deal with each of the issues. The other thing is to address operational issues. If the company is under- performing, you need have a group of people to execute the task and solve pertinent issues. Another thing is to evaluate the financial strength of the company. You need to review all the historical financial data, bu dgets, and forecasts. Evaluate critical areas of concern and determine new ways to improve performance (Uttaro, Para 8). Considering the

No topc Essay Example | Topics and Well Written Essays - 750 words - 1

No topc - Essay Example Sometimes women are the suppressed gender in our society. Conflict arises relating to what are the socially accepted roles for women. What are the typical gender issues in our society today? Why do gender issues focus on women? Historical accounts about women’s societal roles can be traced back during the time of Abraham and Jesus. We can see how women were treated during those times based on the Bible. Men’s societal roles during this time were outside the home, as dictated by the traditional society. They work mostly in the plantation, work as carpenters, palace guards, while women nurse their children and always stay at home to do household chores. During the early colonial period where galleon trade started conquering the world, women remained domesticated. Education was only given to men who will be part of this trade. During the 19th century, different types of government began to emerge, yet these governments were not aware of gender inequality because they only continue the same norm and culture of men dominating women. The establishment of these governments was created through elections. However, women were not given the right to suffrage / vote until 1920s. Suffrage issues began to alarm some women who can’t bear the unequal rights given to women. They believe that they are also part of the success of the society and can decide whom to vote. Because of some uprisings of these women in the 19th century, women were persecuted for fighting for their rights. Men believed that women are not yet ready to take on responsibilities outside their home. Still, more women fought against these socially constructed norms about them. Some women were not fully recognized for their contributions in the society. Mostly men were given credits and privileges. We can call this kind of society as patriarchal, for believing men are more sufficient and rational as women. Economies of European countries before were ruled by men