Challenges of HSBC Bank

1
Challenges of HSBC Bank

2
Executive summary
HSBC is one of the greatest group of banking around the globe and marked as the fifth biggest
corporation in Forbes Global. It is called as HSBC because of the members of a foundation, the
Hongkong and Shanghai Banking Corporations. It has 110 million clients internationally with
five Customer Groups and different affiliated members. The bank has about ten thousand
workplaces internationally with 232,000 workers in seventy-six states and areas. About 110
million international clients, e-based are 16.5 million. HSBC is the world largest local corporate.
It has operated with other corporates and brokers in UK affiliated with the FORGE, an unpaid
association seeking to progress some tactics to problems of significance to the economic
facilities business. The description will divulge the contextual features of the corporation, loans
explanation, conclusions, and commendations constructed on the knowledge congregated.

3
Table of Contents
Executive summary.........................................................................................................................1
Introduction......................................................................................................................................5
HSBC: Challenges and Resolution..................................................................................................5
HSBC Direct................................................................................................................................6
HSBC net.....................................................................................................................................6
HSBC Advance............................................................................................................................6
HSBC Premier..............................................................................................................................6
HSBC’s principal business groups and divisions............................................................................6
Commercial Banking...................................................................................................................7
Global banking and markets........................................................................................................7
Global private banking.................................................................................................................7
Banking of sales and the administration of treasury....................................................................7
Group service centers...................................................................................................................7
Aims:................................................................................................................................................9
The current Geo-Political Situation.............................................................................................9
The BREXIT Effect.....................................................................................................................9

4
Issues faced....................................................................................................................................10
Compliance and Regulatory enforcement..................................................................................10
Money Laundering.....................................................................................................................10
US Senate investigation.............................................................................................................11
Currency Scheme.......................................................................................................................11
The Global Technological Disruption........................................................................................11
Approaches of Activities...............................................................................................................12
HSBC Oman..................................................................................................................................12
Conclusion.....................................................................................................................................15
References......................................................................................................................................17