About HSBC Holdings (HSBA)

Company Description:

HSBC Holdings plc, a renowned global banking and financial services company, specializes in a range of services including retail banking, wealth management, commercial banking, and global banking and markets. The company operates through various segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking.

Founded in 1865 by Sir Thomas Sutherland, HSBC Holdings plc is headquartered in London, United Kingdom. The company's establishment in Hong Kong and Shanghai marked the beginning of a significant banking corporation.

Main Product(s):

HSBC provides a broad spectrum of services, including personal and business banking, insurance, corporate and investment banking, and asset management.

Short History of HSBC Holdings plc:

• March 1865 – HSBC was founded in Hong Kong by Sir Thomas Sutherland.
• 1880s – Expansion into Southeast Asia and eventually worldwide.
• 1992 – The group holding company, HSBC Holdings plc, was established in London.
• 2000 – Acquisition of Credit Commercial de France (CCF).
• 2008 – Navigated the global financial crisis with strategic management.
• 2012 – Underwent significant restructuring and refocusing on core business.
• 2020s – Continues to adapt to the changing global financial landscape with a focus on Asia.