|Key People||) Stephen O’Connor (Chairman) | James Emmett (CEO)|
|Headquarters:||London, United Kingdom (global) and Birmingham, United Kingdom (UK headquarters)|
|☎ Telephone number:||44-1226-261-010|
|Number of employees:||85,000|
|Number of locations:||Not known|
|ATM locator||Find here|
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HSBC Bank: Introduction
HSBC Bank, a British bank, appears to be one of the largest financial institutions in the world, having more than 7,500 branches and offices in over 80 countries. Currently, more than 85,000 people are employed by HSBC. Considering the global scale of this company, it is not surprising that it has two headquarters: in Birmingham (the British part) and in London (global).
HSBC Bank plc appears to be a wholly owned subsidiary of HSBC Holdings, and it is one of the four big clearing banks in the United Kingdom. Besides, it is one of the only five banks that hold more deposits than loans. In view of that, is in not surprising that the British authorities view this bank as less risky than many other financial institutions.
HSBC Bank Review
When you think about banking with HSBC, you should think about banking with a large financial institution – this has all the same pros and cons. Indeed, this financial institution offers a wide array of financial products, ranging from personal finance and retail banking up to corporate and investment banking. Also, you shouldn’t expect high returns on simple banking products here.
But, as a large institution, this bank is able to offer a large number of branches and ATMs, which makes it really convenient. Besides, the bank also provides 24/7 customer service – though, some customers complain about its quality. After all, this bank can boast to have a very good financial health, which makes your investments less risky. Yet, this all comes at the expense of high fees (including overdraft, account maintenance and cash withdrawal fees).
These are the pros of this bank:
- A wide range of financial products on offer.
- 24/7 customer service.
- A pretty good financial health of the bank.
- A large number of branches and ATMs.
Yet, there are also cons as well:
- High fees.
- Low return on checking and savings accounts.
In addition to this page with the extensive info about HSBC Bank, you can also a comprehensive guide to HSBC online banking. In order to view that guide, please check our HSBC login page.