What is covered by the Financial Services Compensation Scheme?
The Financial Services Compensation Scheme (FSCS) protects customers from losing some of their cash if authorised financial services firms go bust. It protects up to £85,000 of savings per individual, per financial institution (not just per bank), and also covers mortgages, insurance and investments.
What are the services provided by HSBC Bank?
Our services include business accounts, global liquidity and cash management solutions, trade services, and a range of borrowing solutions. Global Banking and Markets: Global Banking and Markets business provides financial products and services for corporate and institutional clients.
What is HSBC benefit?
Fixed pay. Annual leave. A range of benefits, which may cover areas such as work-life balance, insurance and savings, health and personal development. Employee share plans and discretionary pay awards based on performance.
What is HSBC’s vision?
HSBC Vision statement HSBC’s vision statement says “We aspire to be one of the world’s great specialist banking groups, driven by a commitment to our core philosophies and values”.
How much is covered in a bank account?
£85,000
The FSCS protects 100% of the first £85,000 you have saved, per financial institution (not per account).
How much money is covered if a bank goes bust?
Under the FSCS the first £85,000 (as of January 2017) of your savings (or £170,000 if your money is held in a joint account) is protected in the event that the bank or building society goes bust.
Is HSBC owned by Chinese?
It is owned by the Hongkong and Shanghai Banking Corporation Limited, the founding member of the HSBC Group, which was established in Hong Kong and Shanghai in 1865. HSBC China incorporated the previous Mainland offices of its parent.
Is HSBC public or private sector?
HSBC was the world’s 40th-largest public company, according to a composite measure by Forbes magazine. HSBC is organised within three business groups: Commercial Banking, Global Banking and Markets, and Wealth and Personal Banking….HSBC.
| HSBC headquarters at Canary Wharf, London | |
|---|---|
| Type | Public limited company |
How do I check my HSBC redemption status?
To view your redemption history, click the Profile icon in the top right corner of the site, and select My Account. In the left panel, click Order History. Here you will be able to see the redemption history of all your cash back, gift cards, merchandise and Rewards for Miles redemptions made through HSBC Rewards.
What type of company is HSBC?
HSBC is one of the world’s largest banking and financial services organisations. We serve approximately 40 million customers through our global businesses: Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets.