l Private Banking business This business provides a range of services to high net worth individuals and families with complex and international needs within the company’s priority markets. Products and Services Private Banking services comprise multicurrency and fiduciary deposits, account services, and credit and specialist lending. This business also accesses the company’s universal banking capabilities to offer products and services, such as credit cards, Internet banking, and corporate and investment banking solutions. Investment Management comprises advisory and discretionary investment services and brokerage across asset classes. This includes a range of investment vehicles, portfolio management, securities services, and alternatives. Private Wealth Solutions comprise trusts and estate planning, designed to protect wealth and preserve it for future generations. Strategy The company’s strategy is to improve the business and dividends; implement Global Standards; and streamline processes and procedures. Significant Events In November 2015, Shenzhen Qianhai Financial Holdings Co., Ltd. declared reaching agreement with HSBC, planning to form JV broker in Shenzhen funded by Hong Kong investment. The JV would handle full license securities service in Mainland China after getting approval from government regulators. Regulation The company’s legal entities are regulated by their local regulators and on a company-wide basis, the company is regulated from the U.K. by the Prudential Regulation Authority for prudential matters (safety and soundness) and by the Financial Conduct Authority for conduct (consumer and market protection). History HSBC Holdings plc was founded in 1865.
hsbc holdings plc-spons adr
8 Canada Square
London, E14 5HQ
Phone: 44 20 7991 8888
Fax: 44 20 7992 4880www.hsbc.com
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