HSBC, The Hong Kong and Shanghai Banking Corporation has been making the headlines for all the wrong reasons.
The financials are HSBC are useful to know:
Its Market Capitalisation is £107,879m
(£107 Billion).
The dividend yield is 6%.
An international bank, whose annual report makes interesting reading:-
Profit before tax was US$22.8bn =
The balance sheet size is vast.
Total reported assets were US$2.6 trillion = £1.76 Trillion = £1762 Billion.
Yes, that is larger than the Annual UK GDP. So the balance sheet assets are over 100% of the UK GDP.