HSBC is a public limited type of a company founded in the year 1865 and HSBC standing for the place where it originated i.e. Hongkong Shanghai Banking corporation, although. Quick facts on this bank are as follow-

Advertisement

1. Its founder is Thomas Sutherland and its headquarter is at 8 Canada Square.

Thomas Sutherland

The Founder-Thomas Sutherland

2. The year 2012 and 2008 was almost like the golden-most year for the bank as it was declared to be the largest bank in the world (in terms of assets) and also sixth largest public company according to Forbes’ Reports.

forbes_global_410x130_v3

3. The bank is said to have more than 6,600 offices all across the world and a humongous number of 60 million customers.

The HSBC bank

The HSBC bank

4. In 2014 the bank had demolished North London Cental Mosque’s account and also few other muslim customers’ accounts too because they had donated their money to the State of Palestine during the 2014 Israel Gaza war.

5. Recently ICIJ (i.e. International Consortium of Investigative Journalists) released information which said that the bank has earned alot of profit by shaking hands with arm dealers, dictators, tax evaders, people doing wrongful business, etc.

 

logo of HSBC

logo of HSBC

Advertisement
The following two tabs change content below.
0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

*

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account