Functions Of HSBC

Barclays envisions itself as a leading transatlantic bank. It aims to generate sustainable value for its shareholders by emerging as one of the biggest consumer, corporate and investment banks catering some 24 million customers in the Personal, Wealth and Business Banking domains. Barclays aims to achieve this through its two business divisions namely Barclays UK and Barclays International. Following are some key strategic aims and objectives of the Group.

Hbc is a shopping solution that offers Canadians superior products, assortments, service and ease of shopping. Supported by 70,000 associates and a retail network that is unparalleled, Hbc’s management team is guided by a single aligned vision. We are “one HBC”.

RBC’s strategy of pleasing everyone, by fitting in with their needs or expectations is not sustainable over the long-run. Sustainable competitive advantage happens once a firm has awestruck a strong market niche in which a differentiated set of products and services serve a select client sector grater. RBC’s strategy of serving all niches cannot be successful in the long-run. RBC is providing a range of products or services in one place by leveraging its acquisitions to become a totally integrated financial

CIBC as it is commonly called is the Canadian Imperial Bank of Commerce. It is one of the Big Five banks; a name given to the five largest banks that dominate the banking industry of Canada, it is the fifth largest bank and came into existence as a result of the merging of two chartered banks The Canadian Bank of Commerce (established 1867) and the Imperial Bank of Canada (established 1875) which happened on June 1,1961 and has its head quarter located at commerce court in the city of Toronto, Ontario. CIBC has been able to launch branches all around the country and has also expanded to other countries internationally such as United States, Asia, Europe, Australia among others. It became the first chartered bank to launch a mobile banking iPhone

The Hudson's Bay company originated in Canada, within the 17th century. The company started out as a dominant fur trader, which then led to one of the largest and longest running retail business groups in North America. While surpassing many rival fur traders in the business, the Hudson's Bay company also merged with a few of them too. Their first merge, in 1821, was with the North West Company. North West Company, an equally prestigious fur trader, was based Montreal. From that point, the HBC (Hudson's Bay Company) started to merge with many well known companies, expanding their business beyond borders. Some of the most notable businesses that they merged with occurred throughout the 20th and 21st century. Throughout the 20th century, the

Canadian Imperial Bank of Commerce or CIBC as most know it, has been operating since 1867. They are a profit corporation that offers public banking and financial services to individuals, small businesses, and also other corporations. CIBC is a Canadian corporation that has branched out and now does business in Europe, Asia, Australia, Latin America, and of course The United States (Wikipedia).

On paper, the World Bank has great potential to assist all members of our increasingly smaller world. However, the World Bank is also an example of when history is written by the victors. In 1944, members of the allied countries and other nations which had risen to power during the Second

1. At the start of the 21st century, RBC was Canada’s leading bank and largest bank in terms of assets and market capitalization. It was a full-service bank with five main lines of business: personal and commercial banking, insurance, wealth management, corporate / investment banking, and transaction processing. The commercial bank of RBC (Royal Bank) accounted for nearly 50% of the company’s net income and had an extensive delivery network with branches, Automated Banking Machines (ABM’s), point of sale terminals, mobile sales staff, and 1.4 million online banking customers and 2 million phone customers. The bank also had an extremely strong international network.

The Bank of Nova Scotia also known as Scotiabank was founded in Halifax of 1832. It is the second oldest bank in Canada which opened for business to support trades between Britain, North America, and the West Indies. During that time, agents were assigned to New York, Boston and London which have provided an indication in the early hours of the Bank’s global ambition. A year later as Scotiabank opened; it paid its first dividend to shareholders. This marked the first in history of

The Royal Bank of Canada (RBC) moved back to Thailand on June 16,1997, which they offered corporate and correspondent banking services from there office located on wireless road. On July 2, the government reacted to the financial and property collapse of the economy by floating the baht (domestic currency) for the first time in thirteen years. Then the bleeding of the collapse of the market was finally sealed when the International Monetary Fund (IMF) intervened and started a 16.7 billion dollar bailout funding program to help Thailand recover from the financial crisis. This was the largest bailout fund since the Mexican peso crisis in

“We aim to become a super regional bank. This involves growing our presence in the Asia pacific region and sourcing 25-30% of earnings from our Asia Pacific Europe and America division by 2017, while also being very focused on growth in our core domestic businesses in Australia and New Zealand.”

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.

Barclays as a financial institution has established itself as a major player in the global financial services and banking sector. The company has spread out from its native UK to the rest of the world and its presence in developing regions of South Asia and Africa is massive. Barclays has become a global player in the market for financial services and may continue to grow even further as the years go by.

According to group´s performance from 2002-2006 identifies that Barclays´ performance underpinnings are represented by its strategy of acquiring other banking (such as ABN Amro and Banco Zaragozano) concerns to expand its retail as well as other banking services through representation in international markets as represented by the bank’s presence in 60 countries. This provides Barclays with the means to sell its highly profitable investment banking services as well as be positioned to service the cadre of multinational companies that utilize its diverse banking financial service packages.

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.