What it Does: HSBC deals in Commercial Banking, Wealth Banking, Global Banking and Personal Banking. HSBC means business in terms of providing the best banking solutions to its customers with sheer commitment and expertise.
Mission: HSBC’s mission is to be the first choice in the minds of international clients to become a banking partner.
Size and Presence: HSBC has its presence in 64 countries spanning Europe, Latin America, Asia, Africa and the Middle East.
Best Known For: HSBC takes its customers and clients very seriously and the business that it provides. The bank has around 2 lakh shareholders spread in 128 countries. HSBC is known for growing the business of its clients and investors so that they can thrive in the market and fulfil their ambitions and goals.
The Good Bits: Working agreements are flexible and have a great working environment with better employee benefits.
The Not So Good Bits: Sometimes the working hours are long which affects the work-life balance. Growth is slower as compared to other banks in the industry.
HSBC was created to accomplish one simple goal- the international needs of the people should be met with a local bank. HSBC started its business in March 1865, in Hong Kong to help facilitate the business between Europe and Asia. With a history of almost 150 years, HSBC has undergone many changes which is why it believes firmly in the strength of capital, building a perpetual relationship with clients and following stringent cost control. HSBC has survived several changes in the market such as economic crises, technological advancements and revolutions and is still standing firm with its growth. HSBC derives its name from the two cities which are known for their economic prowess which are Hong Kong and Shanghai.
HSBC since the beginning has emphasized having a diverse workforce in the house. Their philosophy of diversity and inclusion is reflected in the number of places they operate. HSBC not only hires people with diverse cultures but also does business that reflects their “broader world” philosophy. HSBC explicitly illustrates that diversity leads to the creation of varied opportunities which eventually leads to growth and development.
To be inclusive HSBC emphasizes some key zones such as fair and diverse recruitment programs, helping the under-represented faction to come to the forefront, and building and supporting an assorted society at the workplace.
Being a multi-national bank HSBC offers the most professional and competent job opportunities for fresh graduates as well as for experienced professionals. Since the ambit of work is so large it provides huge and differentiated openings for candidates to find their niche and work, so that they can maximize their potential.
HSBC has a three-tier recruitment process which includes:
The average annual salary of a fresh graduate at HSBC is INR 5,00,000-6,00,000 per annum.
HSBC considers its utmost duty to save the environment and build a sustainable future. HSBC strives to achieve the net-zero target of carbon emission by 2030 and also tries to imbibe the same sentiment in its customers.