HSBC Bank provides various banking and financial services worldwide. It operates in four segments: retail banking and wealth management; commercial banking; global banking and markets; and global private banking. The company offers current, savings, and commercial and business bank accounts; credit cards; personal, flexi, and graduate loans; mortgages; overdrafts, corporate cards, and term loans; and syndicated, leveraged, acquisition, and project finance. It also provides letters of credit, collections, guarantees, receivables finance, supply chain solutions, commodity and structured finance, and risk distribution services; payments, collections, and liquidity management; and business and financial protection, trade insurance, employee benefits, and other commercial risk insurance products. In addition, the company offers foreign exchange, interest rate, capital markets and advisory, payroll and personal accounts, and wealth management and transition services; spot and derivative products; and equities sales and trading services, as well as sells, trades, and distributes fixed income securities. Further, it provides debt and equity capital raising, merger and acquisition advisory and execution, corporate lending, and structured financing solutions; payments and cash management, and security services; credit and specialist lending; investment management; and trusts and estate planning services. Additionally, it offers investment funds, pensions, and annuities; car, travel, home, student, life, critical illness, and income insurance services; international money transfers, international accounts, travel money, and broking services; credit facilities; and online and telephone banking services. The company was founded in 1880 and is based in London, the United Kingdom. It operates as a subsidiary of HSBC Holdings plc.The staff at HSBC Bank come from unusually diverse demographic backgrounds. The company is 50.4% female and 49.4% ethnic minorities. Despite its diversity in other areas, HSBC Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 71.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. HSBC Bank has great employee retention with staff members usually staying with the company for 4.7 years.The average employee at HSBC Bank makes $76,381 per year. Pay at HSBC Bank is significantly lower than some of its highest paying competitors, like Barclays, Merrill Lynch, and E*TRADE Financial, which pay $116,906, $87,121, and $86,946, respectively.HSBC Bank is an industry leader with 15,650 employees and an annual revenue of $5.2B that is headquartered in Illinois.
HSBC Bank's mission statement
We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.
In demand companies are hiring! Let Zippia apply for you!
Big International Bank, lots of opportunities to do different things
Cons of working at HSBC Bank
Big bank, matrix management, too many levels/grades/bands, slow to react and change, constantly chopping and changing and cutting costs
HSBC Bank benefits
Decent pay and benefits, decent people, decent work and opportunities
What do you like best about HSBC Bank's CEO and the leadership team?
Experienced and knowledgeable
How would you improve HSBC Bank's culture?
Reduce some levels, matrices, bureaucracy
How did you prepare for the HSBC Bank interview?
going over their website, taking to people working there
How does your compensation at HSBC Bank compare to the industry average?
slightly below par
What's the diversity at HSBC Bank like?
improving but more work needs to be done
What brings you the most joy at HSBC Bank?
being able to move functions and geographies
Is this useful?
4.0
A zippia user wrote a review on Oct 2023
Pros of working at HSBC Bank
Friendly collaborative staff.
Cons of working at HSBC Bank
At the time, there were no remote work options.
HSBC Bank benefits
Dinner and cab home when working late nights.
Is this useful?
5.0
A zippia user wrote a review on Sep 2023
Pros of working at HSBC Bank
Assistant counsels are legal professionals who research and analyze various laws so they can apply them to the different legal issues that arose in a corporation. These counsels must develop an agency-wide client privacy policy and manage responses to all matters involving subpoenas and warrants.
Cons of working at HSBC Bank
Good
Is this useful?
5.0
A zippia user wrote a review on Jun 2023
Pros of working at HSBC Bank
Great work environment in a wonderful working environment with helpful people when you need assistance at work. Also we had a chance to go out for dinner as a team.
Cons of working at HSBC Bank
Low salary as well as the standards that are hard to meet at times which makes you work under immense pressure and causes you to meet the work life balance.
HSBC Bank benefits
Bonus at the end of the year that is tied to your performance during the year.
Is this useful?
The team at HSBC Bank
The key people at HSBC Bank is Colin Bell.
Key people
Colin Bell
HSBC Bank rankings
HSBC Bank is ranked #22 on the Best Finance companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
Rate HSBC Bank's commitment to diversity and inclusion.
HSBC Bank diversity
9.9
Diversity score
We calculated HSBC Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of HSBC Bank’s workforce.
HSBC Bank diversity summary. Zippia estimates HSBC Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated HSBC Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of HSBC Bank's workforce.
HSBC Bank has 15,650 employees.
50% of HSBC Bank employees are women, while 50% are men.
The most common ethnicity at HSBC Bank is White (51%).
19% of HSBC Bank employees are Asian.
15% of HSBC Bank employees are Hispanic or Latino.
The average employee at HSBC Bank makes $76,381 per year.
HSBC Bank employees are most likely to be members of the democratic party.
Employees at HSBC Bank stay with the company for 4.7 years on average.
Do you work at HSBC Bank?
Were you satisfied with HSBC Bank's salary and benefits?
HSBC Bank financial performance
9.8
Performance score
Highest paying HSBC Bank competitors
Compare HSBC Bank salaries to competitors, including Barclays, Merrill Lynch, and E*TRADE Financial. Employees at Barclays earn the highest average yearly salary of $116,906. The salaries at Merrill Lynch average $87,121 per year, and the salaries at E*TRADE Financial come in at $86,946 per year.
Rank
Company
Average salary
Jobs
1
$116,906
0
2
$87,121
0
3
$86,946
0
4
$85,592
0
5
$80,523
0
6
$77,007
0
7
$72,096
0
8
$71,689
0
9
$70,835
0
10
$70,628
0
Show more
Are you an executive, HR leader, or brand manager at HSBC Bank?
Claiming and updating your company profile on Zippia is free and easy.
Zippia gives an in-depth look into the details of HSBC Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about HSBC Bank. The employee data is based on information from people who have self-reported their past or current employments at HSBC Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by HSBC Bank. The data presented on this page does not represent the view of HSBC Bank and its employees or that of Zippia.
HSBC Bank may also be known as or be related to HSBC Bank, HSBC North America Inc, Hsbc North America Inc., Hongkong and Shanghai Banking Corporation and HSBC.