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HSBC Holdings Security Analysis

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Security Analysis of HSBC Holdings 1

SECURITY ANALYSIS OF HSBC HOLDINGS

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Security Analysis of HSBC Holdings 2

Introduction

HSBC history began with the establishment of Hong Kong and the Shanghai banking

company on March 3, 1965, under a local company ordinance. After one month the company

opened its first subsidiary in Shanghai and later in the year the Landon branch was opened.

Some of the members of the cooperative with the exception of Jardine Matheson were the

Germans, the Americans, the Parsee Indian merchant houses, and the Scandinavian and the

American firm Russell & Company who later considered to join. The American firm Russel

& Company later considered joining the cooperative.

The economic crisis which happened between the year 1865-1866 could have brought

down the company were it not of its members who0 supported it wholeheartedly. Hong Kong

and shanghai banking companies managed to fetch workers from their competitors as well as

their operations. The company later changed its name to Hongkong and Shanghai Banking

Corporation during the colonial rule so that it could retain its headquarters as well as adhere

to the colonial banking regulations which expanded rapidly late in the 19th century.

However, world war I and world war II gave rise to many problems such as the closure of

some subsidiaries and also the imprisonment of some staff, especially those who were in

Hong Kong. After the war was over and the company had recovered, it went through an

international expansion between the 1950-1970s. i9n 1984, an agreement was signed between

China and Britain concerning the return of honking to Chinese control and expansion of

Hong Kong bank abroad. In 1986 Hong Kong bank acquired a leading security firm called

James Capel in the United Kingdom. The following year the bank acquired 41.9 of the

Midland stock and agreed to add more stock until three years were over.

In 1990, expanding and having a branch in Canada, Hong Kong bank purchased

Lloyds bank, which made it much more substantial. In 1991 due to uncertainties of the future

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Security Analysis of HSBC Holdings SECURITY ANALYSIS OF HSBC HOLDINGS by Student’s Name Code + Course Name Professor’s Name University Name City, State Date 1 Security Analysis of HSBC Holdings 2 Introduction HSBC history began with the establishment of Hong Kong and the Shanghai banking company on March 3, 1965, under a local company ordinance. After one month the company opened its first subsidiary in Shanghai and later in the year the Landon branch was opened. Some of the members of the cooperative with the exception of Jardine Matheson were the Germans, the Americans, the Parsee Indian merchant houses, and the Scandinavian and the American firm Russell & Company who later considered to join. The American firm Russel & Company later considered joining the cooperative. The economic crisis which happened between the year 1865-1866 could have brought down the company were it not of its members who0 supported it wholeheartedly. Hong Kong and shanghai banking companies managed to fetch workers from their competitors as well as their operations. The company later changed its name to Hongkong and Shanghai Banking Corporation during the colonial rule so that it could retain its headquarters as well as adhere to the colonial banking regulations which expanded rapidly late in the 19th century. However, world war I and world war II gave rise to many problems such as the closure of some subsidiaries and also the imprisonment of some staff, especially those who were in Hong ...
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Tags: HSBC HSBC Holdings HSBC Holdings Security economic crisis banking regulations