Essay on Hong Kong & Shanghai Banking Corporation (HSBC)

lot of the blame of the Panic of1819 was put onto the Second Bank of the United States, and

The Bank of Nova Scotia also known as Scotiabank was founded in Halifax of 1832. It is the second oldest bank in Canada which opened for business to support trades between Britain, North America, and the West Indies. During that time, agents were assigned to New York, Boston and London which have provided an indication in the early hours of the Bank’s global ambition. A year later as Scotiabank opened; it paid its first dividend to shareholders. This marked the first in history of

CIBC has focused its core business on retail and business banking, wealth management, and whole sale banking. They have shown a proven track record of providing there customers with financial services and advice through a group upwards of 1100 branches worldwide. Strategies CIBC has portrayed is to continually find new ways to enhance the experience of the client and to stimulate safe revenue growth. CIBC has put emphases on creating deep meaningful relationships with all clients, constantly trying new ways to improve service and sales prospects and to create relationships with new clients while retaining existing clients for a long period of time (CIBC).

At the time, Icelandic banks were acquiring funds in the United States, the United Kingdom, and the euro area—each with a different currency, and all with a different currency than the Icelandic króna. As a result of this borrowing in other currencies, Icelandic banks were subject

Bringing consumer and commezrcial banking branches and capabilities to more places in the United States

“We aim to become a super regional bank. This involves growing our presence in the Asia pacific region and sourcing 25-30% of earnings from our Asia Pacific Europe and America division by 2017, while also being very focused on growth in our core domestic businesses in Australia and New Zealand.”

The Bank of the United States is a symbol of the long held American fear of centralization and government control. The bank was an attempt to bring some stability and control and was successful at doing this. However, both times the bank was chartered, forces within the economy ultimately destroyed it. The fear of centralization and control was ultimately detrimental to the U.S. economy.

HSBC is one of the Largest Banking and Financial Services organisations in the world, shares in HSBC holdings plc are held by over 220,000 share holders in 121 countries. HSBC provides a comprehensive range of financial services to more than 100 million customers through four customers an global businesses: Personal Financial Services; Commercial banking: Global banking and Markets: private banking.

After Congress refused the national bank before the war of 1812, the states started their own banks with their own currency. This made things difficult for the American people. There more than 400 different banks by 1818, with each of them having their own currency. Investors were losing and winning by just by picking different currency to follow. This left America in trouble. “To end the mayhem and strengthen the national government, proponents of the American System designed the Second Bank of the United States” (Shultz, 2014, p. 168). The new bank began in 1816. The start of the bank caused a major economic recession; when it first started it was loose with credit and then suddenly they changed to strict

This is when americans began to take their money from the banks for being unreliable since they could not get their money back. More than 600 banks failed in this time.

This made American banks to stop lending as a result many European countries evaded to pay their loans. Hence most of the banks went bankrupt leading to over 9000 banks closing down (Anari 2005).

With China emerging as a global power in business within the last decade, knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era, and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier, the price of the work force in China compared to the United States, and have the “made in China” brand be accepted back in the United States.

According to group´s performance from 2002-2006 identifies that Barclays´ performance underpinnings are represented by its strategy of acquiring other banking (such as ABN Amro and Banco Zaragozano) concerns to expand its retail as well as other banking services through representation in international markets as represented by the bank’s presence in 60 countries. This provides Barclays with the means to sell its highly profitable investment banking services as well as be positioned to service the cadre of multinational companies that utilize its diverse banking financial service packages.

Hongkong Shanghai Banking Corporation (HSBC) is one of the largest banking and financial services organizations in the world. We are the world's local bank.

From the macro，the corporate social responsibility of HSBC is not specific. It cannot suit all branches around the world. There are so many HSBC distributed in different corner of the world. The situation is so different, maybe the system can be used in the British, but it cannot be used in Indonesia.