Analysis and Comparison of Hsbc and Barclays Bank

3023 WordsMar 26, 201313 Pages
Analysis And Comparison Of Hsbc And Barclays Bank Finance Essay This report compares financial performance of two major banks of UK i.e. HSBC Bank Plc and Barclays Bank Plc on the basis of their Balance sheets and profit and loss accounts for the year 2009. This report also provides SWOT analysis of both banks i.e. HSBC and Barclays Bank Plc and provides an insight into their Banking Strategies. The key financial indicators for evaluating financial performance of any bank are Profit Before Tax, Capital Ratio, Adjusted Gross Leverage, Loan Funding Ratio, Net income, Assets and Liabilities, Equity and Share Holders return. Barclays reported net profit of £ 10,289 milllion in 2009, an increase of 96% as compared to 2008.Although Barclays Bank…show more content…
Although the parent company HSBC holdings was established in 1990,when “The HongKong and Shanghai Banking Corporation” Purchased Midland Bank of UK, and its headquarter moved to London from HongKong as a condition in the takeover deal in 1993. HSBCs stock is traded on London, NewYork, HongKong, Paris and Bermuda stock exchange. HSBC is one of the Largest Banking and Financial Services organisations in the world, shares in HSBC holdings plc are held by over 220,000 share holders in 121 countries. HSBC provides a comprehensive range of financial services to more than 100 million customers through four customers an global businesses: Personal Financial Services; Commercial banking: Global banking and Markets: private banking. HSBC UK retail banking comprises two customer groups , personal Financial services (‘PFS’) and commercial banking(‘CMB’). UK personal Financial Services provides current account, savings , personal loans , mortgages , cards, financial planning, as well as life and general insurance to UK personal customers through a variety of distribution channels under various HSBC brands, including First direct, Marks and Spencer money and partnership card. As at 31 December 2009 , the bank had 1,369 branches in the United Kingdom. Financial Performance and Interpretative Analysis Barclays Bank PLC Barclays delivered net profit for the year of £10,289m in 2009, an increase of

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