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SWOT Analysis of HSBC Bank

   

Added on  2020-10-22

10 Pages3836 Words285 Views
Financial Decision Making
SWOT Analysis of HSBC Bank_1
Table of ContentsINTRODUCTION................................................................................................................................2MAIN BODY.......................................................................................................................................3TASK 1 ................................................................................................................................................3Functions of Accounting and Finance department along with SWOT analysis of .........................3HSBC bank......................................................................................................................................3TASK 2 ................................................................................................................................................6Financial ratio analysis of Alpha Limited........................................................................................6CONCLUSION....................................................................................................................................9REFERENCES.....................................................................................................................................9
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INTRODUCTIONFinancial decision making is considered as one of the most important business practice forcompany. By considering all the financial and statistical information and data, decision in respect offinancial and investment aspect can be made in a proper and effective manner. The present report isbased on Alpha Limited, a manufacturing company started in year 1954 having it office in UK.Alpha Limited is having a plan to expand its business operations in the other part of the country inthe coming next 10 years. Report will streamline about all the functions which accounting andfinancial department undertakes. Another company taken for understanding the importance ofaccounting and financial department function is HSBC Bank which is engaged in providingbanking and financial services. SWOT analysis for HSBC bank will be performed and explanationrelated to the aspect of Accounting and Finance will be disclosed. Further, report will discuss aboutthe performance level of company form investor point of view with the help of financial statementsand financial ratios' analysis. MAIN BODYTASK 1 Functions of Accounting and Finance department along with SWOT analysis of HSBC bank.HSBC is known as The Hong Kong and Shanghai Banking Corporation. HSBC is one of theBritish multinational banking and financial services holding company which is first established on 3March 1865 and incorporated firstly on 14 August 1866. HSBC is having its headquarter in London,United Kingdom. Sir Thomas Sutherland is founder of this bank. The main services in which HSBCbank is dealing is Retail Banking, Corporate and Investment Banking, Mortgage loans, Wealthmanagement, Private Banking, Credit cards, Insurance and Financial services across the world.Currently 235,217 number of employees are working in HSBC Bank till 2018. The Revenue andOperating Income of HSBC Bank is $53. 8 billion and $19.9 billion respectively. Total asset ofHSBC till 2018 is $2.558 trillion. This banking company has a Net Income of around $15.025billion. HSBC is having 3900 offices in almost 67 countries and territories with approx 38 millioncustomer base across the globe. Market Capitalisation of HSBC Bank is $194.07 billion till now.SWOT analysis of HSBC BankStrengths One of the strength for HSBC Bank is its worldwide business operations. This bank ishaving leadership in case of multinational financial services. The bank is having its businessoperations across 67 countries and territories over the globe. Also, this banking company is havingthe highest customer base of around 38 million till 2018 as per the statistical data and information
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