Company profile
SEC EDGAR ↗- Industry
- Savings Institution, Federally Chartered
- Listed
- NYSE: HSBC
- Headquarters
- London, X0
- Fiscal year end
- Dec 31
Decisions on record
3 verified Decision Records on HSBC, and the casebook each one belongs to.
| Fork date | Decision type | What HSBC chose | Where it stood | The story | Casebook |
|---|---|---|---|---|---|
| 1993 | Market-Entry Gambit | Accept London HQ for Midland | HSBC reorganised into four businesses anchored by separate Hong Kong and UK units while keeping a single London-domiciled legal home (2025-01) | Read the story → | Market-Entry Gambit Casebook → |
| 2021 | The Fall | Exit US mass-market retail | Citizens closed acquisition of 80 branches; branches rebranded overnight, 66 in NYC metro (2022-02) | Read the story → | The Fall Casebook → |
| 2024 | Market-Entry Gambit | Cosmetic East/West split | profit hit $32.3bn in 2024, its best year in over a decade (2024) | Read the story → | Market-Entry Gambit Casebook → |
Run one of these yourself
The decisions HSBC faced, as kits you can run.
Each pack takes one of these decisions and gives you the framework, a deck for the room, a model that resolves to one number, and the sourced cases behind it. $499, one-time.
The analyses
The Crisis Response · Crisis & Reinvention
HSBC Laundered Cartel Money for Years. The Real Scandal Was the Settlement.
In 2012 HSBC paid $1.921 billion and signed a deferred prosecution agreement. Line prosecutors had drafted up to 175 criminal charges. Senior DOJ leadership overruled them — not for lack of evidence, but because the bank was too big to jail.
8 min
The Market-Entry Gambit · Growth & Portfolio
HSBC Split Itself Into East and West. It Solved Nothing.
In October 2024 HSBC carved itself into 'eastern' and 'western' halves to ease a decade of geopolitical pressure. But it stayed London-domiciled, Asia-dependent, and answerable to both the PRA and Beijing. The split rebranded the dilemma. It didn't resolve it.
8 min
The Market-Entry Gambit · Growth & Portfolio
HSBC's London Headquarters Was the Bank of England's Price for Midland Bank
Asia generates roughly half of HSBC's revenue, yet its world headquarters sits in London — not by strategy, but because the Bank of England made it a condition of buying Midland Bank in 1993. The 'caught between two poles' story hides a sharper truth.
8 min
The Fall · Crisis & Reinvention
HSBC Spent Four Decades Learning It Could Never Be an American Bank
The 2021 "exit from US retail" is told as a clean strategic pivot. It was the third divestiture wave in a forty-year retreat that began in 1980 — and the segment HSBC was fleeing earned $1.0bn in 2020. The problem was never losses. It was scale.
8 min
The Fall · Crisis & Reinvention
HSBC Made Roughly $30.3 Billion in 2023 — And Its Failures All Live Outside Asia
The 'HSBC collapsed' story is a category error — the bank made roughly $30.3 billion in pre-tax profit in 2023, up 78%. The real autopsy is of every franchise it tried to build outside Asia, from a $14.2 billion US disaster to a $1.921 billion laundering settlement.
8 min