1. Situation Audit HSBC it’s a British Multinational bank and financial services. It’s the second larger bank in the world, with offices in 85 countries and 89 million clients. Was founded in Hong Kong and Shanghai in 1865. In 1991 started in London the new HSBC Group Holding. In 2005 HSBC held leadership in Hong Kong Market of credit cards. Credit card is very important for customer acquisition strategies. Credit cards were marketed to HSBC customers through direct mail and the retail branch
Words: 4005 - Pages: 17
influence on policies and regulation 8 2.3 Challenge and Risk based on the analysis 8 2.3.1 Strategic partnership with developed bank 8 2.3.2 Human Resource management 8 3.0 Analysis on internationalization of interest rate liberalization 8 3.1 Government potential influence on policies and regulation 9 3.2 Comparison between Chinese Mainland banks and HSBC 9 Conclusion 9 Appendices 11 Reference 13 Introduction From 2013, the trend of catching up with international standard
Words: 2792 - Pages: 12
History of Bank Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy, to the rich cities in the north like Florence, Venice and Sialkot Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence, establishing branches in many other parts of Europe.[9] One of the most famous Italian banks was the Medici Bank, set up by Giovanni di Bicci de' Medici in 1397.[10] The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George)
Words: 5126 - Pages: 21
Corporation Sri Lanka referred to as HSBC herein. The contents will highlight the key assumptions made on the market structures by the economists and channel it across the commercial banking industry via the key competing elements of HSBC. 1. Introduction Having celebrated 115 Years of service with pride, HSBC which was formally known as Hongkongbank opened its doors in Sri Lanka during mid-1882. Having been with the nation during the tough and good times, HSBC boasts of stability with a strong
Words: 1520 - Pages: 7
What have been the key success factors for HSBC? Ans. HSBC was established in 1865 to finance the growing trade between China and UK. Being an early starter to penetrate into this geography, HSBC was able to fully utilize the untapped business potential available and thereby capture a huge chunk of the market. Despite growing in almost 80 countries al over the world, HSBC has been successful in positioning itself in 'World's local bank'. As the bank constantly works hard to maintain a local
Words: 460 - Pages: 2
Abstract This report aims to identify the business value of information system in an organization. The organization that has been focused is HSBC Bangladesh. The CRM department of HSBC Bangladesh had recently incorporated a new software, namely “Credit Exception Tracking System”. This report primarily focuses on the situation of the bank prior to the incorporation of this information system in the CRM department, and it expands with a qualitative and quantitative analysis of benefits being
Words: 2683 - Pages: 11
Analysis of customer satisfaction in Prime Bank Limited by using reliability, responsiveness, assurance, empathy and tangibles of Service Quality Management (SERVQUAL) By Sumaiya Monir 0910231 Indepe ndent University, Bangladesh IUB 1 Letter of Transmittal April 25th 2013 Parvej Ahmed Sharif Lecturer, MIS School of Business Independent University Bangladesh
Words: 8991 - Pages: 36
Two Banking Giants Many of us share a fairly basic view of banks. They are places to store money, make basic investments like term deposits, sign up for a credit card or get a loan. Behind this mundane view, however, is a highly regulated system that ties our day-to-day banking back into the wider financial system. Banking environment has become highly competitive today. To be able to survive and grow in the changing market environment banks are going for the latest technologies, which is being perceived
Words: 1589 - Pages: 7
RESEARCH PROPOSAL The Hong and Shanghai Bank Corporation Recruitment and SELECTION PROCESSES, COMPARISON AND DEVOLPMENT BETWEEN THE UNITED KINGDOM AND BANGLADESH. Background: HSBC was born from one small idea – a local bank serving local needs. In March 1865 HSBC opened its doors for business in Hong Kong and today it welcomes customers across the globe as the World’s Local Bank. Back to top HSBC is named after its founding member, The Hong Kong and Shanghai
Words: 286 - Pages: 2
Bus 162 Team 7: HSBC in China 1. How has HSBC adapted its global strategy to operate in China, both before and after China’s WTO accession? Answer: Prior to the WTO accession negotiations, China’s banking industry operated as a cog in China’s centrally planned economy. The banks adhered to directed lending practices from the government and in turn created some of China’s most successful enterprises, but also supported thousands of other inefficient and unprofitable stateowned enterprises. This practice
Words: 1308 - Pages: 6