Individual Written Report- HSBC

12 Pages2882 Words359 Views

Added on 2020-01-28

Individual Written Report- HSBC

Added on 2020-01-28

BookmarkRelated Documents

INDIVIDUAL WRITTENREPORT

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Major competitors ......................................................................................................................1Positioning of HSBC...................................................................................................................2Competitive advantages..............................................................................................................3Porter five forces model..............................................................................................................4SWOT analysis............................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................1

INTRODUCTIONBanking sector demonstrate various types of activities that are related to growth of thenation. It assists to make smooth functioning in efficient and effective way (Schäfer, Schnabeland Weder di Mauro, 2016). In UK market there are different types of financial activities runswhich create benefits to different activities and action in market. In this context, present report isbased on HSBC which is British multinational banking and financial holding company. Forfocusing on the enterprise, report covers major competitors in this sector. Furthermore, itincludes positioning of the business to attain competitive advantages. MAIN BODYMajor competitors In order to make effective results, HSBC is well working in banking and finance sector.Within the market, there are several competitors take place in market who provides sameservices as the chosen firm:BNP Parlbas: BNP Parlbas is an international banking group which exist in various area ofmore than 75 nations. They are providing different types of financial services in these nations. Itis the one of the largest bank in the whole world who serves more than 30 million customerswithin retail banking networks (Akbar, ur Rehman and Ormrod, 2013). Citigroup: Citigroup is an American company which is provides multinational investment andfinancial services. It is the public company that owns Citicorp and also holding for severalinternational subsidiaries. It is ranked at 3rd largest bank in United States. They are providingservices more than 200 million customers over 160 nations (Pessoa and Van Reenen, 2014). China Construction Bank Corporation: This is the another biggest competitor of HSBC ininternational market which exist in China. They are providing products such as finance andinsurance, consumer banking, corporate banking, investment banking, global wealthmanagement and private equity mortgages credit cards, etc. In addition to this, they are alsomaintains overseas branches in different places such as Frankfurt, Luxembourg, Hong Kong,New York City and Tokyo, etc. (Beck, Degryse and Kneer, 2014).Deutsche Bank: It is German bank that provides global and financial services in Frankfurt. Theyhave more than 100,000 employees in various areas of 70 nations. They have large presence in1

End of preview

Want to access all the pages? Upload your documents or become a member.

International business Assignment 2022

|11

|3866

|19

Strategies of HSBC bank | Report

|28

|5089

|672

Understanding Business Environment - HSBC Case Study

|14

|3807

|476

Strategic Management of HSBC Holdings Plc

|16

|5419

|141

Qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdghjkl

|1641

|423

(HRM )Human Resource Management Assignment

|21

|5073

|194

Individual Written Report- HSBC