Advice and Financing
Principal services include corporate and specialised finance advice with respect to mergers and acquisitions and privatisations, project and export finance and arrangement, underwriting, syndication and distribution of debt products and primary equity issues.

Equity Securities
The Group's global equity securities business encompasses a research-driven stockbroking operation (having one of the largest sales forces in the world) together with a comprehensive trading capability and an established derivatives operation (sales, trading and structuring). It operates in all major economies and stock markets and works closely with the advice and financing team in all aspects of equity transactions.

Exchange Traded Futures and Options
Offers global execution, research and clearing service for key currency, financial and equity futures and options market centres, with innovative and flexible account structures and a sophisticated on-line interface.

Foreign Exchange
Consistently ranked in polls around the world as a leading global foreign exchange market participant. Sophisticated 24-hour global foreign exchange trading for the major currencies combined with detailed knowledge and support of less liquid emerging market currencies enable HSBC to meet the execution and hedging needs of the world's central banks, institutional investors, financial institutions, multi-national and local corporates.

Government Debt Trading
HSBC is an authorised market-maker in most major government bond markets of Asia, Europe, North and South America and the Middle East and Africa. It is historically strong in Hong Kong, Singapore, the UK, Germany, France and other European countries, the USA, Brazil, Argentina, Saudi Arabia and South Africa.

International Debt Capital
HSBC is a long established underwriter and market maker in the international bond markets with significant local debt capital market presence, e.g. in India, Malaysia and Argentina. It originates, underwrites and trades sovereign, agency, financial institution and corporate fixed rate bonds, floating rate notes and medium-term notes, with particular strengths in the Sterling, Hong Kong Dollar, US Dollar and euro markets. HSBC also offers structured debt capital markets finance for project and asset based financing and client balance sheet management.

Money Market
The global money market business is a conduit for personal and corporate deposits in all major currencies. HSBC is a participant in the professional money markets, taking large volumes of institutional deposits and managing HSBC's retail banking clearing operations including those in Sterling (with the Bank of England) and Hong Kong Dollars (with the Hong Kong Monetary Authority).

Private Banking and Trustee
The HSBC Group has private banking businesses in seven centres world-wide. These businesses provide services and products tailored for particular markets and are linked to ensure global reach. The Group provides a full range of onshore and offshore private banking, estate planning and trustee services.

Private Equity
Private Equity provides unquoted equity to companies in Europe, Asia and the Americas. It invests in unlisted companies in such situations as management buy-outs, management buy-ins, acquisitions as principal, corporate restructurings, acquisition finance and development capital. It manages long-term discretionary funds on behalf of both the HSBC Group and institutional investors, enabling them to make direct investments in a range of growing companies. Read more...

Asset Management
The global investment advisory and fund management business of the HSBC Group has offices in all of the world's major financial centres. It manages portfolios for institutions, corporate clients and high net worth individuals and develops investment vehicles such as unit trusts and mutual funds.