HSBC
Banking & financial services · United Kingdom
HSBC is an international bank founded in Hong Kong that serves personal, wealth and corporate customers in 56 markets and earns most of its money from lending and fees on trade, payments and wealth.
What makes it different
Its biggest market is Hong Kong, not London.
$22.5BRevenue booked in Hong KongFY2025
HSBC is headquartered in London but books about a third of its revenue in Hong Kong, where it opened in 1865.
How big it is
How big is HSBC?
$68.3BRevenueFY2025
$1.79TCustomer depositsFY2025
208,720EmployeesFY2025
How it makes money FY2025
Mostly corporate and wealth banking.
- Hong Kong22%$15.9B
- International Wealth and Premier Banking21%$14.5B
- UK18%$12.9B
- Corporate and Institutional Banking39%$27.6B
How the business works
Fees from trade, not just loans.
- 1Cross-border trade flows
- 2Corporate and wealthy clients
- 3Trade, FX, wealth fees
Fees on cross-border services reduce reliance on lending margins.
Who owns it
- BlackRock, Inc.9.09%
- Ping An Asset Management Co., Ltd.7.98%
- The Bank of New York Mellon Corporation6.01%
CEO: Georges Elhedery
Who it competes with
Key moments
- 1865The Hongkong and Shanghai Banking Corporation opens
- 1941Head office moves to London in the war
- 1959Buys Mercantile Bank and the British Bank of the Middle East
- 1984First foreign bank licensed in mainland China since 1949
- 1992Acquires Midland Bank; HSBC Holdings plc is created
Sources
Every number on this page comes from HSBC's own reports.
Full profile
The rest of the story is in the app.
What HSBC tracks25 metrics
Customers
Countries and territories
Employees
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
Hong Kong
UK
US
The full timeline20 moments
2007
2024
2025
HSBC vs JPMorgan Chaseside by side
Revenue
Profit
People
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