HSBC 2012 Annual Report Download - page 63

61
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 geographic reach
and facilitate seamless delivery of our products and
services to clients.
In addition, Balance Sheet Management is
responsible for the management of liquidity and
funding. It also manages structural interest rate
positions within the Global Markets limit structure.
• 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
GPB provides investment management and trustee
solutions to high net worth individuals and their
families globally. We aim to meet the needs of our
clients by providing excellent customer service,
utilising our global reach and offering a comprehensive
suite of solutions.
Drawing on the strength of the HSBC Group and
the most suitable products from the marketplace, we
work with our clients to provide solutions to grow,
manage, and preserve wealth for today and for the
future.
• Private Banking services comprise multicurrency and
fiduciary deposits, account services, and credit and specialist
lending. GPB also accesses HSBC’s universal banking
capabilities to offer products and services such as credit cards,
internet banking, and corporate and investment banking
solutions.
• Investment Management comprises advisory and
discretionary investment services, as well as brokerage across
asset classes. This includes a complete range of investment
vehicles, portfolio management, security services and
alternatives.
• Private Trust Solutions comprise trusts and estate planning,
designed to protect wealth and preserve it for future
generations through structures tailored to meet the individual
needs of each client.