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Banking

What is HSBC?

The culture that powers HongkongBank

An IO with a view


HSBC Holdings ­ comparison of principal subsidiaries, 1995 figures
Subsidiary Pre-tax profit (£m) Headcount Cost/income %

HongkongBank

1185

21953

40.2

Midland Bank

998

43572

67.3

Hang Seng Bank

740

7926

27.2

HSBC Americas

225

8012

56.6

HongkongBank Canada

79

3373

57.1

British Bank of the Middle East

77

2397

<50

Other

368

13837

N/A

Group

3672

101070

55.9

Source:HSBC Holdings annual report

The Hong Kong and Shanghai Banking Corporation (HongkongBank) is only a part of the London-based financial group HSBC Holdings.


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