FinTech Magazine March 2024 | Page 30

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ICBC 10

HSBC With an underlying purpose of opening up a world of opportunity for its customers , HSBC remains one of the world ’ s biggest banking and financial services organisations .

Today , the firm serves around 40 million customers through its three business divisions : Wealth and Personal Banking , Commercial Banking , and Global Banking & Markets .
Listed on the London , Hong Kong , New York and Bermuda stock exchanges , shares in HSBC Holdings PLC
WATCH are held by more than 180,000 shareholder in 128 different countries and territories .
According to the Forbes Global 2000 , the Industrial and Commercial Bank of China ( ICBC ) is the largest company in the world ranked by assets ( US $ 6.12tn ).
ICBC was established back in 1984 , before being wholly restructured into a joint-stock limited company in 2005 . A year later , the firm was successfully listed on both the Shanghai Stock Exchange and The Stock Exchange of Hong Kong .
In recent years , the bank has taken significant involvement in emerging sectors including green finance and sci-tech innovation , increasing performance .
30 March 2024