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HSBC plan for developing nations could be flawed

In addition to recent articles about HSBC in Vietnam and India, we must add Korea to the list, since HSBC wants a stake in KEB. HSBC said they want to concentrate on emerging markets, but there is volitility in emerging markets. What is clear is that global banks can participate in bad tactics […]

HSBC aims for 30% credit cards growth

HSBC aims at expanding its credit card business in Thai market by 20-30 percent this year.
The HSBC Thailand on Monday launched a promotion programme for the holders of its credit cards to redeem for gifts with lowest spending requirement in the local market in the latest attempt to grow its business.
Mariano Reisin, head of marketing […]

HSBC aims new cards at doctors and dentists

HSBC has introduced two new co-branded credit cards aimed at medical professionals. The new HSBC Dr Family Card and the HSBC Dentist Family Card will be marketed to the 27,000-plus members of the Medical Association of Thailand and the Dental Association of Thailand.

Wichit Phayuhanaveechai, head of marketing and communications for HSBC, said the target […]

HSBC (Household) subprime focus

October 2004 - HSBC’s Stephen Green outlined the game plan. HSBC’s (Household International’s) subprime focus will shift to Asia once it expands its business in Mexico and Brazil. The Asian hit-list includes India, Malaysia, Singapore and Thailand.

Green said HSBC is focusing on consumer finance because it is more profitable than some other areas […]