Wednesday, April 9, 2008

HSBC - World’s Biggest Bank

HSBC or The Hongkong and Shanghai Banking Corporation beat Citi and become the world's largest corporation and the world's largest bank, in terms of sales, profits, assets and market value, according to a report recently published by Forbes on April 2, 2008.

In the same report, four among the top 10 (total 2,000 entries) are investment banks, namely HSBC (1), BoA (3), JPM Chase (4) and RBS (10).

Let's take a look at their selection criteria and the full ranking list.

HSBC Opportunities for Graduates
HSBC is a very diversified financial institution with its services ranging from retail banking, private banking to investment banking. Certainly there are lots of opportunities to suit your interests and capabilities. Let’s take a look at their career site. Select the region where you are and start surfing.

HSBC - First year internship

Interesting Questions about HSBC
HSBC (Hongkong and Shanghai Banking Corp.) is a UK bank, with its headquarters in Canary Wharf, London.

Why is a UK bank being named Hongkong and Shanghai Bank?

Why are there more HSBC branches in Hong Kong than in Shanghai?

Recommended Career Tools
These career tools are seriously short-listed by Anna Maria D'Souza for those who serious want to start an investment banking career.
Amazing Cover Letters
Amazing Resume Creator
Secret Career Document

Investment Banking Career


bantersy said...


i thot it started off as a local bank until they started to venture out of asia in view of hk returning to china and the urge to go global, and today, world's local brand.

think till today, they are still pretty quiet in the states and they miss the chance to takeover bear stearn in bid to grow their biz there.

british are smart. repatriate all the money made in asia, back to uk. i may be wrong and please correct my view.

lastly, what do you think of quitting without a job in general, from the perspective of a headhunter. tq

Perfumes said...

Hello. This post is likeable, and your blog is very interesting, congratulations :-). I will add in my blogroll =). If possible gives a last there on my blog, it is about the Perfume, I hope you enjoy. The address is A hug.

Anna Maria D'Souza said...

Your blog is nice. But my Portuguese isn't good enough to read it.

Anna Maria D'Souza said...

You could be right. Would appreciate some facts to support your view.

Some people don't feel secure quitting without a job. However there is no standard rule. If your experience is valuable in the market, you shouldn't be afraid of quitting. If you are not bond by any non-compete clause, headhunters won't have to walk you through the resign process and coach you on exit interview, and it will certainly make my job much easer.

bantersy said...

Hi Anna,

Please see the following links.

It is pretty interesting that HSBC pursuit of World's Local Bank started off after its listing in 1991. The slew of M&A put what it is today. Amazing!

HSBC USA is contributing a small fraction of its bulk profits as they do not have strong corporate and consumer banking except doing more household inc after buying it over.

Anyway, it should be a role model for small banks in HK and Singapore but if only they are willing to take on higher risk.