HSBC Holdings - World's local bank and a great employer. | Glassdoor
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There are newer employer reviews for HSBC Holdings

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"World's local bank and a great employer."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Credit Risk Analyst in Buffalo, NY
Former Employee - Credit Risk Analyst in Buffalo, NY
Recommends
Approves of CEO

Pros

HSBC is a financial behemoth, and despite the Household International acquisition, is still risk-adverse and proactive. Obviously not untouched in the current economic climate, HSBC has acted before many of its competitors to head-off bad debt losses. My experience at HSBC was very position. Management is very hierarchically arranged, as is to be expected at a bank, and is sometimes slow to change. After observing other organizations, while HSBC sometimes lacks the willingness to make necessary information technology investments, the ability to adapt to change in this organization is above average. I really felt like a part of the team at HSBC.

Cons

Management's long tenure with the bank leads to a very safe, but stodgy atmosphere. Specifically, when considering international expat assignments, one must be "a good old boy" for consideration.

Advice to Management

Continue your steady hand... decide what you want to do in the United States though. With some pretty aggressive national competitors, HSBC needs to decide what kind of bank they want to be, and how the consumer lending business Household introduced fits into that plan.

Other Employee Reviews for HSBC Holdings

  1. "HSBC endless possibility!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Washington, DC
    Current Employee - Vice President in Washington, DC
    Recommends
    Approves of CEO

    Pros

    Endless Opportunities, and a worldwide network which you can use to build a great career. If yuor willing to travel, and are persistence enough HSBC can take you around the world literally

    Training is excellent with both local and international training programs,, when if the best Banks to invest in traingin that I have seen.

    Management generally have an open door policy, and it easy to talk to just about anyone.

    Stable and strong company.

    Cons

    Can get lost in the large company, hard to stick out, but as with all things you get out of it what you put into it.

    Advice to Management

    Keep focusing on employee's and career development


  2. "Work here only as a temporary place"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salinas, CA
    Current Employee - Anonymous Employee in Salinas, CA
    Recommends
    Approves of CEO

    Pros

    Goof place if you are interested in an international opportunity as the bank has a lot of offices all around the world. It is very difficult to find a secondment though and only the most networked employees with tons of patience can find something.

    Cons

    No career prospects in Salinas. Very limited training available to employees and all learning has to be due to self-initiative. The culture of the bank is very much driven by "don't ask too many questions in senior management meetings" or you are considered to be disrespectful.

    Advice to Management

    To be a good leader, it is not only about managing up - every single senior employee at every level is trying to do just that. Please take real interest in developing your employees.

There are newer employer reviews for HSBC Holdings
There are newer employer reviews for HSBC Holdings

See Most Recent

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