Ratio of customers won by HSBC holdings plc bank in the UK Q2 2018-Q4 2020
HSBC (Hongkong and Shanghai Banking Corporation) was founded in 1865 in order to facilitate trade between Asia and the West. Today, HSBC has expanded its services to different markets, establishing a global presence. It is one of the largest banks in the world. In December 2020, the assets of HSBC amounted approximately 2.98 trillion U.S. dollars, placing the British bank as one of the largest banks in Europe in terms of assets.
With any bank, winning customers from rivals is a key business goal. The graph above shows that in the fourth quarter of 2020, HSBC had a net loss of 1.2 customers for every one gained, with a net loss of approximately 3.9 thousand. Many large banks in the UK saw a net loss of customers to other banks during the fourth quarter of 2020.
With any bank, winning customers from rivals is a key business goal. The graph above shows that in the fourth quarter of 2020, HSBC had a net loss of 1.2 customers for every one gained, with a net loss of approximately 3.9 thousand. Many large banks in the UK saw a net loss of customers to other banks during the fourth quarter of 2020.
