| Business Summary | | HSBC
Holdings
PLC
is
a
banking
and
financial
services
organization
with
a
market
capitalization
of
$118
billion
at
December
31,
1999.
At
the
end
of
1999,
HSBC
had
total
assets
of
$569
billion
and
shareholders'
equity
of
$33
billion.
Through
its
global
network
of
more
than
5,000
offices
in
80
countries
and
territories,
HSBC
provides
a
comprehensive
range
of
financial
services
to
personal,
commercial,
corporate,
institutional
and
investment
banking
(including
private
banking)
clients.
HSBC's
principal
banking
products
and
services
include
deposits,
lending
and
related
services,
treasury
and
capital
markets
operations
(such
as
foreign
exchange,
bullion,
primary
debt
issuance
and
eurobond
trading),
trade
services,
leasing,
finance
(including
installment
and
invoice
finance)
and
factoring,
payments
and
cash
management,
insurance
and
custodial
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HBC
provides
various
financial
services:
personal,
corporate,
investment
and
private
banking;
treasury
and
capital
markets
services;
consumer
and
business
finance;
investment
management;
trustee,
custody
and
insurance.
For
the
six
months
ended
6/01,
interest
income
rose
10%
to
$19.22
billion.
Net
interest
income
after
LLP
rose
6%
to
$6.66
billion.
Net
income
rose
4%
to
$3.67
billion.
Results
reflect
contribution
from
CCF,
partially
offset
by
increased
e-commerce
initiatives
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | John Bond, 58 | Chairman,
CEO | Douglas Flint, 44 | CFO,
Director | R. Picot, 43 | Group
Chief Accountant | R. Barber, 49 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|