The Hongkong and Shanghai Banking Corp Ltd - Company Profile
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The Hongkong and Shanghai Banking Corp Ltd (HSBC) is a provider of personal, commercial and corporate banking, wealth management, securities services, and other financial solutions. Adequate capital and liquidity; and improved net interest margin are a few of its key strengths; even as asset quality could be causes for concern. Growing cards and payments channel in Hong Kong; strategic initiatives; and the emergence of FinTech could provide ample growth opportunities to HSBC. However, , intense competition, the emergence of neobanks, and risk related to online identity theft and hacking could have an adverse effect on HSBC’s business, operating results, and financial condition.
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