DBRS Morningstar Confirms HSBC Holdings at AA (low), Trend Revised to Negative
Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms HSBC Holdings at AA (low), Trend Revised to NegativeHSBC Bank Canada is a full service, internationally owned bank in Canada. Co. offers a range of products and services to targeted segments of the financial services market through four major customer groups: Personal Financial Services; Commercial Banking; Global Banking and Markets; and Consumer Finance.
HSBC Holdings is a financial services holding company. Through its subsidiaries, Co. operates four businesses: Retail Banking and Wealth Management, which serves customers through four businesses: Retail Banking, Wealth Management, Asset Management, and Insurance; Commercial Banking, which provides working capital, term loans, payment services, and international trade facilitation; Global Banking and Markets, which delivers a range of transaction banking, financing, advisory, capital markets, and risk management services; and Global Private Banking, which provides a range of private banking services. At Dec 31 2017, Co. had total assets of US$2.52 trillion and deposits of US$69.92 trillion.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
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