Super League In-Depth Analysis: HSBC Private Bank 2017 - Tracking the world’s major competitors in wealth management
Super League In-Depth Analysis: HSBC Private Bank 2017, is a comprehensive analysis of HSBC’s private bank operations. It offers insight into the company’s strategy, financial results, marketing activities, customer targeting, and product innovation.
Headquartered in London, HSBC Holdings is a global universal bank. HSBC Private Bank is a brand used by its Global Private Banking division that caters to individuals with more than $5m (or local currency equivalent) in assets. Some wealth management operations are also run within HSBC’s Retail Banking and Wealth Management business.
The report includes -
- Insight into HSBC Private Bank’s growth strategy.
- Overview of the firm’s organizational structure.
- Clear presentation of its geographical coverage and expansion strategy.
- Analysis of the firm’s financial performance, including comparison with other global wealth managers.
- Examination of key target client groups.
- Analysis of HSBC Private Bank’s product and service proposition and how it is unique compared to those of its competitors.
- Review of HSBC Private Bank’s marketing and social media activities.
Reasons to buy
- HSBC Private Bank aims to be the private bank of choice for wealthy clients already banking with HSBC divisions, particularly entrepreneurs and family business owners.
- HSBC is withdrawing from non-core markets, focusing on selected hubs in Europe and Asia Pacific.
- In light of regulatory scrutiny and cost inefficiencies, HSBC Private Bank is dedicated to reducing staff numbers and operations in key markets.
- HSBC Private Bank’s assets under management (AUM) decreased for the fourth consecutive year in 2016, reflecting the company’s divestment activities. Net new money dropped into the red, down from £1bn in 2015.
- Examine the financial performance and key ratios for HSBC Private Bank and benchmark this competitor against other global wealth managers.
- Explore HSBC Private Bank’s geographical positioning and growth strategy.
- Understand HSBC Private Bank’s client targeting strategies and examine whether these have been successful.
- Learn more about HSBC Private Bank’s marketing strategy, social media presence, and digital innovations.
- Executive Summary
- Competitor overview
- 2016 financial figures
- Key findings
- SWOT analysis
- Organizational structure: HSBC Private Bank operates as part of the universal bank
- HSBC management works to increase the bank's efficiency
- Staff efficiency
- Market coverage: HSBC Private Bank's operations are focused around hubs in Asia, Europe, and the US
- Market coverage: HSBC has 24 private banking offices in Europe
- HSBC has been divesting from non-core markets
- Financial Performance
- HSBC Holdings' profits nosedived in 2016
- Group performance
- HSBC Private Bank operating expenses and revenues continue to drop
- HSBC Private Bank performance
- HSBC Private Bank's cost/revenue ratio has been increasing
- HSBC Private Bank's cost/revenue ratio
- HSBC Private Bank's contribution to group performance
- AUM has decreased, and net new money continues to take a hit
- HSBC Private Bank performance
- Customers & Products
- Businesspeople are a key target group for HSBC Private Bank
- HSBC Private Bank offers a range of products and services
- HSBC Private Bank's range of products and services
- HSBC provides access to hedge funds, private equity, and real estate through HSBC Alternative Investment Group
- HSBC Private Bank offers discretionary portfolio management
- HSBC provides access to multiple communication channels
- Marketing & Advertising
- Sponsorships and entrepreneurial initiatives form HSBC's strategy
- HSBC's social media activity is focused on a group level
- Abbreviations, acronyms, and definitions
- Exchange rates
- Primary sources
- Secondary sources