HSBC Private Bank Sucks Customer Reviews and Feedback
HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 6th largest bank in the world by 2020, and the largest in Europe, with total assets of US$2.715 trillion (as of August 2020). HSBC traces its origin to a hong in British Hong Kong and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866.
A former employee said this in a review: " Working at HSBC means a lot of work pressure, excessive hours, sometimes not respecting meal times and wages are unfair to the work that is excessive".
Current Intern - Private Banker says"I have been working at HSBC Holdings for less than a year Cons: none that I know of"
Current Intern - HSBC Private Bank says"I have been working at HSBC Holdings Cons: people are too stupid around you"
Current Employee - Private Banker says"I have been working at HSBC Holdings full-time Cons: Low salary, low bonus than others"
Former Employee - Private Bank says"I worked at HSBC Holdings full-time for more than 3 years Cons: Too much bureaucracy. Too many people happy to build there own internal castle amongst this overarching bureaucracy"
Assistant Vice President HSBC Private Bank says"I worked at HSBC Holdings Cons: Old and inefficient processes and systems. Within the New York Private Bank, only business areas which make the most money and leaders who make the most noise and fuss get their way. Not enough emphasis on sales and bringing in business. The Miami Private Bank has better leadership, is a great place to work and employees are happier."
In The News
Financial Times reports"Wall Street stocks fail to build on record high"
Citywire Financial Publishers reports"HSBC private bank arm pulls in $5.3bn in Q1 turmoil"
finews.com reports"HSBC Swings to Swiss Loss"
The Financial Express reports"Global banks like HSBC, Citigroup may have to pay for the failure of state-run lenders in India"