search query: @indexterm Hong Kong / total: 440
reference: 143 / 440
Author: | Irvine, S. |
Title: | The culture that powers HongkongBank; What is HSBC?; An 10 with a view |
Journal: | Euromoney
1997 : FEB, 2, p. 44-50 |
Index terms: | BANKING HONG KONG MANAGEMENT EXPERIENCE ORGANIZATIONAL CHANGE |
Language: | eng |
Abstract: | Hongkong and Shanghai Banking Corporation has grown to be the world's most profitable financial group. The unique international officer culture that has driven it - men caught young, trained up, messed together, posted, reposted, in the bank for life and rarely back in the UK - will have to change. HongkongBank has to make its mind up about how much more like Citibank it wants to be. A recent move to functional reporting and , matrix-style management is a step in that direction. The Hong Kong and Shanghai Banking Corp. is only a part of the London-based financial group HSBC Holdings with total assets of $368 billion and a return on average shareholder funds of 22.6%, making it one of the world's biggest financial groups. |
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