What is HSBC competitive advantage?
For competitive advantage, HSBC uses strong branding and a tailored approach to give customers an individual service, whether they want investment banking services for their company, or a personal mortgage.
Who are HSBC main competitors?
HSBC’s top competitors include Commerzbank, Lloyds Banking Group, Standard Chartered, Scotiabank, Citi, Bank of America, JPMorgan Chase and Banco Bilbao Vizcaya Argentaria (BBVA).
What is HSBC purpose?
Our purpose – Opening up a world of opportunity – explains why we exist. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
What are the HSBC values?
- We value difference. Seeking out different perspectives.
- We succeed together. Collaborating across boundaries.
- We take responsibility. Holding ourselves accountable and taking the long view.
- We get it done. Moving at pace and making things happen.
What is the HSBC strategy?
Our strategy supports our ambition of being the preferred international financial partner for our clients. It includes targets for accelerating the shift of capital to areas, principally Asia and wealth, that have demonstrated the highest returns and where we have sustainable advantage through scale.
Is HSBC competitive?
HSBC competitors include BBVA, Bank of America, Santander, Citi and Lloyds Banking Group. HSBC ranks 2nd in Product Quality Score on Comparably vs its competitors.
What is the strength of HSBC?
As of May 2018, HSBC Holdings is No 6 in the top bank ranking with market capitalization amounting to around 194.07 billion U.S. dollars (Statista, 2019). It is also the 7th largest bank in the world by total assets. As of May 2018, the total asset of HSBC is $2.52 trillion (Martin, 2018).