137) Hsbc Holdings plc and its financial services

HSBC Holdings plc is a British multinational banking and financial services company headquartered in London, United Kingdom. It is the world's second largest bank. It was founded in London in 1991 by the Hongkong and Shanghai Banking Corporation to act as a new group holding.

HSBC has around 6,600 offices in 80 countries and territories across Africa, Asia, Europe, North America and South America, and around 60 million customers. As of 31 December 2013, it had total assets of $2.671 trillion, of which roughly half were in Europe, the Middle East and Africa, and a quarter in each of Asia-Pacific and the Americas. As of 2013, it was the world's largest bank in terms of assets and sixth-largest public company, according to a composite measure by Forbes magazine.

HSBC is organized within four business groups, which determine the main kinds of its financial services: Commercial Banking; Global Banking and Markets (investment banking); Retail Banking and Wealth Management; and Global Private Banking.

Commercial Banking

HSBC provides financial services to small, medium-sized and middle-market enterprises. The group has more than 3 million of such customers, including sole proprietors, partnerships, clubs and associations, incorporated businesses and publicly quoted companies

Global Banking & Markets

Global Banking and Markets is the investment banking arm of HSBC. It provides investment banking and financing solutions for corporate and institutional clients, including corporate banking, investment banking, capital markets, trade services, payments and cash management, and leveraged acquisition finance. It provides services in equities, credit and rates, foreign exchange, money markets and securities services, in addition to asset management services.

Global Private Banking

The main London office of HSBC Private Bank in St James's HSBC Private Bank is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group worldwide. HSBC Private Bank, together with the private banking activities of HSBC Trinkaus, known collectively as Group Private Banking, provides services to high net worth individuals and their families through 93 locations in some 42 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. According to the Scorpio Partnership Global Private Banking Benchmark 2014, the bank had 382 USD Bn of assets under management (AuM) a decrease of 4% on the 2013 figure.

Retail banking and wealth management

HSBC provides more than 54 million customers worldwide with a full range of personal financial services, including current and savings accounts, mortgage loans, car financing, insurance, credit cards, loans, pensions and investments.

138. Lloyds Banking Group plc and its financial services

1. Lloyds banking group is a leading UK based financial services group providing a wide range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. Lloyds Banking Group was formed in 2009, following the acquisition of HBOS by Lloyds TSB Group. Services are offered to more than 30 million customers through a number of iconic brands including Lloyds tsb, Halifax, bank of Scotland, and Scottish Widows, through a range of distribution channels

The vision of Lloyds Bunking Group (LBG) as a business is to become the best bank for customers, which they believe will help Britain prosper and deliver strong, stable and sustainable returns for their shareholders. Being the best bank for customers means offering simple, relevant products to people at all levels of society across Britain.

These are the main areas where LBG provides financial services:

Households. Helping generations of customers across the UK to feel secure about the future by offering the right financial products and services at the right time.

Businesses. Ensuring businesses, small and large, have access to the advice or funding they need to thrive.

Communities. Making a sustained and positive contribution to the communities in which they operate; supporting activities with outcomes that result in education, employability & enterprise.

2. The Group’s main business divisions relate to: retail banking, commercial banking division, insurance division and consumer finance division

3. The Retail division is a leading provider of current accounts, savings, loans, mortgages, and insurance. For those seeking to borrow, Retail division is the largest provider of personal loans in the UK and it provides more than one in five new residential mortgages in the UK. For customers looking to save, LBG is the largest private sector savings provider in the UK.

The Commercial Banking division has a rich heritage of supporting businesses and the economic prosperity of the nation, primarily focused on UK businesses and those with strong links to the UK. They provide customers with the support they need to help them grow, manage risk and enhance efficiency. Commercial Banking provides support to corporate clients through the provision of core banking products, such as: lending, deposits transaction banking services,

Also offer clients expertise in capital markets (private placements, bonds and syndicated loans), financial markets (foreign exchange, interest rate management, money market and credit), private equity.

The Insurance division provides customers with long-term savings, protection and investment products and general insurance. The Insurance division encompasses Life, Pensions and Investments business and provides long-term savings, protection and investment products. The products are offered through financial advisers and through Retail division

Consumer Finance consists of Asset Finance and Consumer & Commercial Cards (Black Horse is an expert in motor finance loans, Lex Autolease leading fleet management specialist business)