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HSBC North America Holdings

Also Known As: HSBC NA, HSBC, HSBC North America, HSBC Holdings, HSBC plc, HSBC, HSBC Banking, HSBC Investment Banking
Commercial Lending

VAULT RANKINGS 2013



GENERAL INFO

Headquarters: Mettawa, IL
470 offices
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THE BUZZ…
  • “Strong globally”
  • “Don’t hear much about them in the US”
  • “Strong in Canada”
  • “Not really a major player”

NEWS AND UPDATES

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Vault's Scoop

Uppers

  • “Committed to a good work/life balance”

Downers

  • Better known in the Europe than the U.S.
Gold Member Content

ABOUT THIS COMPANY:

North American arm

As its name implies, HSBC North America Holdings contains the U.S. and Canadian businesses of London-based HSBC (the name’s an acronym of its predecessor, the Hong Kong and Shanghai Banking Corporation, which remains part of HSBC’s global business and the largest bank in Hong Kong).  

With $580 billion in assets, the North American group includes HSBC USA, HSBC Canada and the HSBC Finance Corporation, which provides retail banking, credit cards, lending, insurance and other consumer services.  In the U.S., HSBC’s business lines are commercial banking, personal financial services, private banking and global banking and markets.  The vast majority of its 460-plus branches are in New York state, but others can be found in Connecticut, New Jersey, Maryland, Delaware, Illinois, Oregon, Washington State, California, Florida, Virginia and Washington, D.C.

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From the Community


Gold Member Content

HSBC NA REVIEWS


Inside opinions that matter, collected by Vault from employees at companies around the world.

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HSBC NA SALARIES


HSBC North America Holdings salary & compensation reviews include all signing and year-end bonuses, vacation time and other perks and reimbursements that make up total compensation.

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HSBC NA SURVEY SAYS


Striking the balance

While long hours at the firm might be in the cards, rest assured that “the bank is committed to a good work/life balance in theory, and has an ongoing campaign to be a best place to work.”  The culture is “collegial,” but “life in the branch was revolved around getting new customers, serving existing ones, sales meetings, and one-on-one meetings with branch managers who would push us to reach the numbers.”  And even though it can be “demanding,” “people are friendly.”


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DISCUSSIONS


New Topic: Annual bonsus/achievement shares vesting at HSBC
I am looking at joing HSBC in a Global Banking role in NY but not sure I have the right information on annual bonus/achievement shares (not sure …

New Topic: Annual bonsus/achievement shares vesting at HSBC
I am looking at joing HSBC in a Global Banking role in NY but not sure I have the right information on annual bonus/achievement shares (not sure …

New Topic: HSBC IS A TERRIBLE COMPANY TO WORK FOR
If you are have an offer to work from HSBC, I would encourage you to pass on the offer even in this difficult economy. I worked for HSBC and the …

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Getting Hired



Gold Member Content

Tips from the inside

More of a challenge

"If anything, HSBC's recruitment process is getting tougher," warns one insider.  As far as qualifications go, the firm tends to "select the best," but "a big part of getting hired is your timing and the position you're applying for."  Potential candidates must go through "several rounds of one-on-one interviews, group interviews, analytical and verbal tests and case studies."  After the process concludes, "each candidate is discussed and an offer is extended only to those on whom all interviewers agree."  Expect up to seven individual and group interviews that include the standard "background and experience questions" as well as slightly offbeat "tests and exercises," such as "What’s your favorite color?"


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