HSBC
Holdings plc is a British multinational banking and financial
services organization headquartered in London, United Kingdom. It was
founded in London in 1991 by The Hongkong and Shanghai Banking Corporation to
act as a new group holding company. The origins of the bank lie
in Hong Kong and Shanghai, where branches were first opened in
1865. The HSBC name is derived from the initials of The Hongkong and Shanghai
Banking Corporation Limited.
It
has around 7,200 offices in 85 countries and territories across Africa, Asia,
Europe, North America and South America, and around 89 million
customers. As of 31 December 2012 it had total assets of
$2.693 trillion, of which roughly half were in Europe, the Middle East and
Africa, and a quarter each in Asia-Pacific and the Americas. As of 2012,
it was the world's largest bank in terms of assets and sixth-largest public
company, according to a composite measure by Forbes magazine.
HSBC
is organised within four business groups: Commercial Banking; Global Banking
and Markets (investment banking); Retail Banking and Wealth Management; and
Global Private Banking.
HSBC
has a primary listing on the London Stock Exchange and is a
constituent of the FTSE 100 Index. As of 6 July 2012 it had a market
capitalisation of £102.7 billion, the second-largest company listed
on the London Stock Exchange, after Royal Dutch Shell. It has secondary
listings on the Hong Kong Stock Exchange (where it is a constituent
of the Hang Seng Index), the New York Stock Exchange, Euronext
Paris and the Bermuda Stock Exchange.
In
Indonesia, HSBC began attending in Jakarta in 1884, so it is one of the oldest
banks in Indonesia. It initially served the important sugar trade and then
expanded to Semarang and Surabaya. However, the bank faced obstacles along the
way as the bank was forced to close operation during World War II and in the
mid 1960s. However, HSBC was granted with a new banking license in 1968, and
the bank has remain steady ever since. Now HSBC served its customer in
Indonesia through 49 branches in 6 major cities across Indonesia, namely
Jakarta, Bandung, Semarang, Surabaya, Batam and Medan. Our services is
supported by more than 3,000 employees, today HSBC Indonesia has grown into
Indonesia's leading international bank, offering wide range of services in
retail banking and wealth management, corporate and investment banking,
institutional banking, treasury capital markets and Syariah banking services.
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