Monday, August 12, 2019
Creative manager Essay Example | Topics and Well Written Essays - 2500 words
Creative manager - Essay Example Several financial institutions are most affected by the crisis, of which HSBC Bank is one. This paper would present pertinent issues resulting to the breakdown of the financial markets of the world and propose strategies to enable HSBC to achieve its organizational goals by: (1) briefly explaining the factors that brought about the breakdown of the global financial markets (2) determining the possible effects on the operations of HSBC in UK utilizing SWOT analyses; and (3) presenting the strategies that HSBC should adopt to achieve her vision and restore public confidence HSBC Bank has been operating in England and Wales at the registered office located at 8 Canada Square, London E14 5HQ. It offers a diverse portfolio of financial instruments including savings and current accounts, investment accounts, credit cards, loans, mortgages, insurance and international services. It supports a wide range of education projects and initiatives throughout the communities where they do business. In addition, ââ¬Å"HSBC supports a wide range of projects and initiatives that underline their commitment to UK businesses.â⬠(HSBC 2009) The management of HSBC promotes diversity and equality of opportunities through programs where they establish partnerships with other business organizations. Accordingly, ââ¬Å"representatives of HSBC Bank plc can provide advice on investment and pension products from selected providers, including companies within the HSBC Group, and on life insurance products from HSBC Life (UK) Limited.â⬠(ibid.) Jarvis (2009) gives a concise and easy to understand presentation of the credit crisis in his video The Crisis of Credit Visualized. According to Jarvis, ââ¬Å"the credit crisis is a world wide financial fiasco involving terms you probably heard such as: sub-prime mortgages, collateralized debt obligations, frozen credit markets and credit default swaps
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