Lake Forest, Illinois, United States
HSBC is a London-headquartered banking and financial services group with total assets of $3.4 trillion and 206,161 full-time-equivalent staff at June 30, 2026. Its four businesses are Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking, with a Corporate Centre alongside. India is the largest of the locations it breaks out, with 48,114 full-time equivalents on that date.
HSBC Holdings plc, the group's parent, is headquartered in London. The group reported total assets of $3.4 trillion at June 30, 2026. It runs four businesses plus a Corporate Centre. The Hong Kong and UK businesses hold retail, wealth and commercial banking in those markets, including Hang Seng Bank and first direct. Corporate and Institutional Banking (CIB) joins commercial banking outside those two markets with Global Banking and Markets. International Wealth and Premier Banking (IWPB) holds Premier banking in other markets, the Private Bank, Asset Management and Insurance. By headcount, the North America region held 5,684 of 211,752 employees at December 31, 2025.
India leads the three locations HSBC breaks out, with 48,114 full-time equivalents at June 30, 2026. The UK had 30,582 and Hong Kong 25,529. The business analysis and consulting early-careers page (October 2026) lists internships in UK locations, Guangzhou, Xi'an, Taipei, India and Krakow. Its graduate roles add Hong Kong and Mexico City.
In the US, H-1B labor condition applications (LCAs) submitted in calendar 2025 by three HSBC employers totaled 77. HSBC Technology & Services (USA) Inc filed 44, HSBC Bank USA NA 21 and HSBC Securities (USA) Inc 12. New York is the only city above 25. Chicago, Atlanta and Houston appear because the company's US careers page names them as office cities.
The 2025 filings span 64 distinct job titles. Full Stack Engineer leads with 3, and eleven titles appear twice, among them Head of Europe Desk. Rank often sits in the title. Thirteen 2025 filings carry a Vice President or VP title, four a Director title, three SVP, one AVP and one Managing Director.
Internally, HSBC grades roles on a Global Career Band (GCB) ladder, according to its 2025 ESG data. Senior leaders are GCB 3 and the MD band above it. GCB 4 counts as middle management, and GCB 5 and 6 as junior management.
CIB is the largest business by staff, with 77,342 full-time equivalents at June 30, 2026. IWPB had 63,947, down from 73,019 a year earlier. Hong Kong had 33,303 and UK 31,259, while Corporate Centre had 310. Some clients, mainly in Hong Kong and the UK, moved into CIB from January 1, 2026. Group functions such as Risk and Compliance, Legal and Internal Audit form an Infrastructure grouping in the 2025 ESG data. The careers site sorts roles under CIB, IWPB and Group Infrastructure.
Headcount fell from 225,294 at December 31, 2023 to 211,752 at December 31, 2025. North America shrank from 11,080 to 5,684 over the same span. Involuntary departures were 16,683 in 2024, or 8.4% of staff, and 9,731 in 2025, or 4.6%. Full-time-equivalent staff dropped a further 2,559 in the first half of 2026. US LCA filings by HSBC-named employers rose from 70 in calendar 2024 to 77 in calendar 2025. The company generally supports hybrid working and encourages new joiners to come into the office as often as they can.