HSBC Holdings Reviews

Updated August 28, 2015
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3,251 Employee Reviews

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  1. Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Palatine, IL
    Former Employee - Anonymous Employee in Palatine, IL
    Doesn't Recommend
    Negative Outlook

    I worked at HSBC Holdings (More than 10 years)

    Pros

    Working remote a plus due to location of office.

    Cons

    Long term business plan in states is non existent

    Advice to Management

    Grow the US book. Who else is lending to the sub prime population


  2. Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Policy and Risk Analyst in New York, NY
    Current Employee - Credit Policy and Risk Analyst in New York, NY
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Good and friendly environment to work in. HSBC is highly established bank throughout Hong Kong and many other international cities as well.

    Cons

    The hours are sometimes long and boring, it is usaully an 9-6 PM shift with a hour lunch break. Not really content of the work provided.

    Advice to Management

    The management should really keep in contact with their own employees. Lack of communication between higher management and lower employers. However, everything else is good.


  3. HSBC .. Great potential, poor execution

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Strong credit rating Global presence Collaborative working environment

    Cons

    Lousy management in the US

    Advice to Management

    Hire professional managers in the US


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  5. Business banking

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Account Manager in New York, NY
    Current Employee - Commercial Account Manager in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at HSBC Holdings full-time (More than 3 years)

    Pros

    High profile bank with excellent benefits and good HR set up. Salary, time off and team activities seem to be above industry average. Bonus structure stinks in the current environment.

    Cons

    Very conservative credit. Very structured and reporting heavy organization going through difficult times. They want to be very aggressive with sales but are burdened by regulatory requirements, which management see as a burden. Totally unable to balance the two, which is the basic need for a bank in the current times. Focus is on saying the right thing, not getting results.

    Advice to Management

    Learn to face reality, and not hear what you want to hear. Avoid favoritism. Try to be competitive. This bank has nothing to offer locally, beyond it's international clout.


  6. Helpful (1)

    Leadership Program Trainee

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings full-time

    Pros

    Very good work life balance. Easy access to upper management. Lots of opportunities for internal career advancement.

    Cons

    Culture is too politicized. Many colleagues spend more time campaigning for their own careers than they do being productive.

    Advice to Management

    Upgrade internal systems and do more to promote a meritocracy. Employees will be happier when their hard work speaks for itself.


  7. Executive Assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in New York, NY
    Current Employee - Executive Assistant in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time (More than 3 years)

    Pros

    Good Benefits. Smart people. Challenging work environment. People are friendly when they have time to kick back and express it.

    Cons

    Audit executive assistant. Very long hours. Most people you work with, here on work visa's and are cutthroat at finishing work.


  8. I dread waking up...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - SPOC/Senior Mortgage Specialist in Chicago, IL
    Current Employee - SPOC/Senior Mortgage Specialist in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at HSBC Holdings (More than a year)

    Pros

    The haave a great bonus monthly

    Cons

    the managers are only protecting themselves... ELMHURT, IL


  9. Good company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings full-time

    Pros

    reputation, mature management practices

    Cons

    not really touching core business

    Advice to Management

    leverage IT!!!


  10. Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Very friendly staff and team. Supervisor is very helpful and teaching me a lot of skills.

    Cons

    stressful and lots of work.


  11. Keep moving

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at HSBC Holdings full-time

    Pros

    Friendly environment, very easy to the point of laziness. Great for those who do not want to be challenged.

    Cons

    No accountability across functions. Communicated corporate culture is opposite of reality. Lots of projects, and nothing gets done.

    Advice to Management

    Employee purge is needed to drive out poor culture, and inefficiencies in process.



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