Analysis and Comparison of Hsbc and Barclays Bank

The banking industry is highly competitive. The financial services industry has been around for hundreds of years. Wells Fargo has many competitors itself. In this paper, I will be doing a comparison of Wells Fargo & Company (WFC) and one of its biggest competitors, Bank of America Corporation (BAC). By analyzing looking at the financial ratios, one can see whether the company is successful or not. In the following, I will try to analyze and make a comparison of Wells Fargo’s and Bank of America’s recent performance in growth, income, and efficiency. Using a these criteria, I will determine which bank is the better buy according my analysis. My analysis of WFC & BAC’s performances

1. Key success factors & company performance…………………………………………………..3 2. Bank perspective regarding the performance…………………………………………………..7 3. Bank financing perspective at the end of 1998……………………………………………….10 4. Management perspective regarding the bank financing………………………………….13 5. Exhibit 1 – Annual Income Statements (1994-1997)………………………………………17 6. Exhibit 2 – Annual Balance Sheets (1994-1997)……………………………………………..18 7. Exhibit 3 – Quarterly Income Statements 1997……………………………………………….19 8. Exhibit 4 – Quarterly Balance Sheets 1997………………………………………………………20 9. Exhibit 5 – Forecasting………………………………………………………………………………………21 10. Exhibit 6 – Annual Ratios………………………………………………………………………………….22 11. Exhibit 7 –

Barclays is a British multinational bank and finance services company founded in London. It operates in retail, wholesale and investment banking, wealth management, mortgage lending and credit cards. It is found in over 50 countries and territories and has around 48 million clients around the globe. Its total asset is US$2.42 trillion as of December 2011 and is the seventh-largest of any bank worldwide.

Lloyds Banking Group PLC is a financial institution that was formed after the acquisition of HBOS in 2009. Lloyds PLC are one of the largest banks in the UK by

CIBC has focused its core business on retail and business banking, wealth management, and whole sale banking. They have shown a proven track record of providing there customers with financial services and advice through a group upwards of 1100 branches worldwide. Strategies CIBC has portrayed is to continually find new ways to enhance the experience of the client and to stimulate safe revenue growth. CIBC has put emphases on creating deep meaningful relationships with all clients, constantly trying new ways to improve service and sales prospects and to create relationships with new clients while retaining existing clients for a long period of time (CIBC).

The report will look into the external influences that the chosen organisation (Barclays Bank) are subjected to and the importance of those factors would be briefly discussed. The second part will also discuss the relevance of ethics and corporate social responsibility and it influences its policies. The effectiveness of the response of the company and area of improvement will be discussed.

Overall, although HSBC is performing as the best player in banking sector, it should pay attention

ICICI bank has established itself as a global player as well with presence across 19 countries all over the world with wholly owned subsidiaries in Canada,Russia and UK

Barclay’s over its long history has grown into one of the largest financial groups in the United Kingdom3. Since there early start in banking, Barclays has since then diversified itself into investment banking, and investment management as well. They operate over 850 branches in over 60 countries in which 2000 are based in the United Kingdom3. “The company has over 4.5 million registered online bankers and over 10.6 million Barclaycard customers in the United Kingdom”3. Barclay’s is currently the 7th largest bank in the world with assets valuing $2.41 trillion.

The Barclays Bank is extensively organized or divided into four core business branches, that is Personal and Corporate banking, Barclaycard as well as Investment Banking and Africa.

Barclays financial service group came to life in the United Kingdom approximately 300 years ago. It started out first as goldsmith bankers and grew and expanded after that. After it became one of the best banks back then, Barclays began acquiring other banks across UK, such as Bolithos in Cornwall and the South West in 1905. By doing this Barclays became known throughout the company and so increased its market shares and profits. Whatever this company did was related to the fact that it wanted to increase its ability to perform its business effectively. Another great move made by Barclays is its acquisition of UK 's largest bank with its head office outside of London, Martin 's Bank, in 1969. There were many great banks within the

HSBC Credit Cards: HSBC is one of the major private sector banks in the country that offers a variety of credit cards for specific customer requirements. Some of the cards such as Premier MasterCard and Advance Visa Platinum Card has precise eligibility criteria while the other cards do not follow such restraints. HSBC does not charge any annual fee on any credit card which is a great benefit for the customers. All the HSBC cards come with unique welcome offers and additional benefits including reward points and rebates. HSBC offers credit cards such as:

HSBC is the world’s fourth largest bank by total assets. The bank has a total asset amount of 2.67 trillion U.S. dollars. HSBC’s headquarters is located in London, United Kingdom. They are a British multinational banking and financial service. The company was first established in 1865 as The Hongkong and Shanghai Bank and was first incorporated in 1866. Finally, the company was established as its present form in 1991 as HSBC Holdings plc. The bank currently serves in 71 countries with about 4,400 offices opened across Africa, Asia, Oceania, Europe, North and South America. Their business provides services on personal finance, commercial banking, consumer finance, and private banking. Their organization is divided into four business groups: Commercial Banking, Global Banking and Markets (investment banking), Retail Banking and Wealth Management, and Global Private Banking. HSBC has remained amongst the top in the list of highest bank assets even though the bank had government issues and lawsuits.

Hongkong Shanghai Banking Corporation (HSBC) is one of the largest banking and financial services organizations in the world. We are the world's local bank.

With offices around the world, for the cosmopolitan client, HSBC often cannot be beaten in this area. HSBC knows how to succeed in M&A and organic and effective growth-- it was mostly an Asian bank until it took over a UK bank in 1992 and now has become the world's second-largest bank by profit. *China. HSBC is the "Hong Kong Shanghai Banking Corporation" and it has 140 years of experience in China. Since China is the place to be nowadays for businesses and