HSBC is the world’s biggest bank by shareholder equity – $29.4 billion in 1996 as recorded by the latest Euromoney Bank Atlas. Much more important, it is the world’s most profitable bank which is a major reason for picking it for the most prestigious of Euromoney’s awards for excellence, that of best bank. Net income was an impressive $5.86 billion last year and return on equity an impressive 19.93%.
Operating in competitive markets, the world’s most profitable bank is by definition also one of the best-managed.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
