The Hongkong and Shanghai Banking Corporation - Essay Example

Only on StudentShare

Extract of sample
The Hongkong and Shanghai Banking Corporation

The strategy emphasized the Group's unique balance of business and earnings between the older, mature economies and the faster-growing emerging markets. For example, the acquisition of all of Lloyds TSB's onshore and offshore assets related to Brazil in 2003 was a strategic step previewed by this initiative. Following the expansion to emerging markets, HSBC has grown from 51 countries in 1991 to 79 in 2003. At the same time, the company was strengthening its presence in developed markets such as the US, Switzerland and Luxembourg through the acquisition of Republic New York Corporation and Safra Republic Holdings S.A. for US $9.85 billion. Through these and other acquisitions throughout 2000s, HSBC aimed at delivering wealth management in key financial centers around the world1.
A huge step towards gaining the eurozone market share came with the acquisition of Credit Commercial de France (CCF) in April 2000 for US $ 11 billion. By settling down in France, HSBC has got access to a personal, corporate, investment and private banking of all Europe in this way strengthening its presence in the developed countries. ...Show more

Summary

Q1: Provide a critical appraisal of the strategies of HSBC since 2000, your answer should concentrate on significant strategies initiatives and supported by appropriate tools of analysis and models. (500 words)
The Hongkong and Shanghai Banking Corporation has a long history of expansion and development into the six continents and retaining 100 million customers worldwide…
Author : hansenflossie
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"The Hongkong and Shanghai Banking Corporation"
with a personal 20% discount.
Grab the best paper

Related Essays

Hong Kong and Shanghai Banking Corporation
During 2002, Hong Kong and Shanghai Banking Corporation (HSBC) launches a new positioning strategy which is encapsulated in its slogan "The World's Local Bank." Recognizing the diversity of culture in the nations where it operates, HSBC ensures the satisfaction of every customer wherever he/she is in the world by launching its commitment in providing the products and the services that he/she needs.
6 pages (1500 words) Case Study
HSBC Social Responsibility
Its logo is a mixture of the HSBC's 19th century house flag and the Scottish flag. The bank has its headquarters in London. The international bank comprises of 9500 offices in 76 countries and terretories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
5 pages (1250 words) Essay
Banking
It is said that the arbitrary nature of both risk classes and corresponding risk weights prompted the Basel Committee to seek to replace the Basel 1 risk-based capital regime by one with greater differentiation and risk sensitivity. For this reason, the Basel Committee has proposed in the new Basel II Accord to base credit risk weightings either on a simple approach based on the ratings of external rating agencies or one of two approaches based on banks' own internal ratings.
15 pages (3750 words) Essay
Corporate governance of Westpac Banking Corporation AUSTRALIA
Corporate governance is a complex concept as it deals with many different economic happenings.Looking at a broader perspective corporate governance can be regarded as a set of procedures, customs, guidelines, rules and regulations affecting the way a corporation is planned, directed, governed or controlled.
5 pages (1250 words) Essay
Corporate Strategy
With total assets of nearly US $1, 000 billion, HSBC occupies a leading position in the world of banking and finance and is struggling for more market share through its powerful
4 pages (1000 words) Essay
Several Topics(Marketing 301)
By 2008, there will be 8.5 million early empty nesters in the UK (those aged 50 to 64 whose children have grown up and moved out. This section of the population has an estimated disposable income of almost pounds 18,000 which is
4 pages (1000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT