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Is HSBC better than Citibank?

Is HSBC better than Citibank?

HSBC has a better operating margin than Citigroup. Hence, its operations are more efficient. However, Citigroup is more efficient in using its assets and has better Return on Assets (RoA) figure.

Is HSBC bigger than Citibank?

HSBC is a large multi-national bank and offers several checking accounts for different needs….HSBC Bank vs Citibank.

HSBC Bank Citibank
HSBC Bank Citibank
Customer Service
24/7 24/7 Live Customer Service (Telephone)
ATMs

Is HSBC better than HDFC?

Employee Ratings HSBC scored higher in 6 areas: Overall Rating, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and \% Recommend to a friend. HDFC Bank scored higher in 3 areas: Career Opportunities, CEO Approval and Positive Business Outlook.

Is HSBC Chinese bank?

Chinese UK banking HSBC having invested over US$5 billion in select mainland financial services entities and in the growth of its own operations, including a 19.90\% stake in Bank of Communications, a 16.8\% stake in Ping An Insurance, and an 8\% stake in Bank of Shanghai.

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Who are HSBC biggest competitors?

HSBC’s top competitors include Bank of America, JPMorgan Chase, Citi, Standard Chartered, Commerzbank, Lloyds Banking Group, Banco Bilbao Vizcaya Argentaria (BBVA) and Scotiabank. HSBC Holdings is a banking and financial services holding company.

Who are HSBC main competitors?

Revenue, Expenses, Profit

Company Currency Revenue
JPMorgan Chase & Co. USD $121,116,000
Bank of America Corporation USD $86,199,000
Citigroup Inc. USD $71,179,000
Wells Fargo & Company USD $75,730,000

What are the negatives of HSBC?

Present in only eight states and the District of Columbia with fewer than 150 branches.

  • Low APYs on interest-bearing checking accounts.
  • Overdraft protection possibly more than insufficient funds fees.
  • HSBC and HSBC Direct unconnected online.
  • The number of ATMs isn’t available online.