Briefly outline the history of HSBC plc. How would you describe its business model?

Expert Solution

HSBC was founded in March 1865 and the full form of the HSBC is Honkong and shanghai banking corporation limited. started doing business in Hongkong for the purpose of helping with finance to start trading between the Europe and Asia. Today the strength of the depositors or service takers with the banks are 40000000 customers (40M) in more than 65 countries and territories and in past centuries the HSBC develped their reputation in the whole world and provided more opportunities to the customers and after reading their history we get to know that how they are good in capital strength and building relationships with customers. HSBC established a new holding company, HSBC Holdings plc in 1991 and also acquired Midland bank in 1992 and in the bank announced it's brand as HSBC the symbol of bank so they can get recognition from their customers.

HSBC is one among the three commercial banks which is authorised to issue banknotes for Hong Kong and the other two are the Bank of China and Standard Chartered Bank of the total notes in circulation value.

HSBC is one of the big issuer, its note shows 67.7% of those in issue. Hong Kong is rarely issuing notes in few countries and territories where commercial banks are still allowed to issue their own bank notes.

The Hongkong and Shanghai Banking Corporations develped a network in around 600 offices in 20 countries in Asia Pacific, and owning a number of HSBC banks in various countries and holding the shares in lenders capital in mainland ,China and HSBC firstly focused on urban areas and also have branches in the Dhaka, Bangladesh and also started it's ATM facility and large number of ATM's are planted in the Five star hotels and other places in all cities.

jeff jeffy answered 1 month ago

What was Netflix’s original business model? Briefly describe how its business model and strategy evolved over...

What was Netflix’s original business model? Briefly describe how its business model and strategy evolved over time and why. Would you say Netflix did a good job of adapting its strategy as it developed? Briefly discuss.

Briefly describe a health program planning model and how you have applied or would apply it...

Briefly describe a health program planning model and how you have applied or would apply it to the planning process. Include a specific population and topic.

Outline the best clustering method for the following tasks (and briefly describe the reason you would...

Outline the best clustering method for the following tasks (and briefly describe the reason you would make such a design) : (a) Finding oil spills along a coast line. (b) Clustering employees in a company based on their salaries and years of working experience.

Outline briefly how you would separate a mixture of a basic and a neutral compound. Hint:...

Outline briefly how you would separate a mixture of a basic and a neutral compound. Hint: RNH2 + H3O+ --> RN+H3 + H2O

Briefly describe the product life cycle (PLC) and how it affects category attractiveness.

Briefly describe, or outline, the origins and evolution of rice and its major species/cultivars

4.Q# Recall Business Canvas Model and briefly explain the canvas business model of IrFS with its...

4.Q# Recall Business Canvas Model and briefly explain the canvas business model of IrFS with its nine components? CASE IrFS’s business model is unique in that it combines the goals of a for-profit company with the ambitions of a philanthropic organization. IrFS’s mission is “one for one.” The mission is made possible by the way IrFS is structured. IrFS has two parts. IrFS is a for-profit company that manages the overall operations and logistics. “Friends of IrFS” is a nonprofit...

1. Briefly describe how you would generate a “neighbor join” phylogenetic tree. 2. Briefly describe the...

1. Briefly describe how you would generate a “neighbor join” phylogenetic tree. 2. Briefly describe the classification for different types of Biological Sequence Databases. 3. Describe the computational methods commonly used to detect genes that have been acquired via Horizontal Gene Transfer (HGT). Please andwer these 3 questions :) thank you

1. Briefly describe how you would generate a “neighbor join” phylogenetic tree. 2. Briefly describe the...

1. Briefly describe how you would generate a “neighbor join” phylogenetic tree. 2. Briefly describe the classification for different types of Biological Sequence Databases. 3. Describe the computational methods commonly used to detect genes that have been acquired via Horizontal Gene Transfer (HGT). Please andwer these 3 questions :) thank you

Briefly describe how you would go about normalizing data

Question

Briefly outline the history of HSBC plc. How would you describe its business model?

Solutions

Expert Solution

Related Solutions

What was Netflix’s original business model? Briefly describe how its business model and strategy evolved over...

Briefly describe a health program planning model and how you have applied or would apply it...

Outline the best clustering method for the following tasks (and briefly describe the reason you would...

Outline briefly how you would separate a mixture of a basic and a neutral compound. Hint:...

Briefly describe the product life cycle (PLC) and how it affects category attractiveness.

Briefly describe, or outline, the origins and evolution of rice and its major species/cultivars

4.Q# Recall Business Canvas Model and briefly explain the canvas business model of IrFS with its...

1. Briefly describe how you would generate a “neighbor join” phylogenetic tree. 2. Briefly describe the...

1. Briefly describe how you would generate a “neighbor join” phylogenetic tree. 2. Briefly describe the...

Briefly describe how you would go about normalizing data