HSBC 2011 Annual Report Download - page 47

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Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Global Banking and Markets
GB&M provides tailored financial solutions to major
government, corporate and institutional clients and
private investors worldwide. Managed as a global
business, GB&M operates a long-term relationship
management approach to build a full understanding
of clients’ financial requirements. Sector-focused
client service teams comprising relationship managers
and product specialists develop financial solutions
to meet individual client needs. With a presence in
over 60 countries/territories and access to HSBC’s
worldwide presence and capabilities, this business
serves subsidiaries and offices of our clients on a
global basis.
GB&M is managed as two principal business
lines: Global Markets and Global Banking. This
structure allows us to focus on relationships and
sectors that best fit the Group’s footprint and facilitate
seamless delivery of our products and services to
clients.
• Global Markets operations consist of treasury and capital
markets services. Products include foreign exchange; currency,
interest rate, bond, credit, equity and other derivatives;
government and non-government fixed income and money
market instruments; precious metals and exchange-traded
futures; equity services; distribution of capital markets
instruments; and securities services, including custody and
clearing services and funds administration to both domestic
and cross-border investors.
• Global Banking offers financing, advisory and transaction
services. Products include:
– capital raising, advisory services, bilateral and syndicated
lending, leveraged and acquisition finance, structured and
project finance, lease finance and non-retail deposit taking;
– international, regional and domestic payments and cash
management services; and trade services for large corporate
clients.
Global Private Banking
HSBC Private Bank is the principal marketing name of
our private banking business, GPB. Utilising the most
suitable products from the marketplace, GPB works
with high net worth clients to offer both traditional and
innovative ways to manage and preserve wealth while
optimising returns.
GPB has a global presence with major centres in
Hong Kong, Singapore, London, Switzerland, Monaco,
New York and Miami to identify opportunities which
meet clients’ needs and investment strategies.
• Private Banking services comprise multi-currency deposit
accounts and fiduciary deposits, credit and specialist lending,
treasury trading services, cash management, securities custody
and clearing. GPB works to ensure that its clients have full
access to other products and services available in HSBC such
as credit cards, internet banking, corporate banking and
investment banking.
• Investment Management comprises both advisory and
discretionary investment services. A wide range of investment
vehicles is covered, including bonds, equities, derivatives,
options, futures, structured products, mutual funds and
alternatives (hedge funds, private equity and real estate).
• Trust Solutions comprises inheritance planning, trustee
and other fiduciary services designed to protect wealth and
preserve it for future generations through structures tailored
to meet the individual needs of each family. Areas of expertise
include trusts, foundation and company administration,
charitable trusts and foundations, insurance, family office
advisory and philanthropy.
• Corporate Finance Solutions helps provide clients with
cross-border solutions for their companies, working in
conjunction with GB&M.