Key figures
| Key figures | 2007 | 2006 |
|---|---|---|
| Profit before tax | USD 1,511 m | USD 1,214 m |
| Total assets** | USD 88.5 bn | USD 73.0 bn |
| Cost income ratio | 57% | 57% |
| Assets under management | USD 494 bn | USD 408 bn |
| Number of employees | 6,800 | 6,500 |
| Number of locations | 93 | 90 |
* HSBC Group Private Banking comprises HSBC Private Bank, HSBC Guyerzeller Bank and the private banking activities of HSBC Trinkaus & Burkhardt.
**Third party only
| Ratings | Fitch IBCA | S&P | Moody's |
|---|---|---|---|
| Counterparty credit ratings | AA | AA | Aa3 |
| Short-term | F1+ | A-1+ | P-1 |
*** HSBC Private Banking Holdings (Suisse) SA is the principal holding company for HSBC Private Bank's private banking activities.
Euromoney Awards 2008
Euromoney's survey of the private banking industry (Jan 08), rated HSBC Private Bank as one of the five best banks in the world with 329 accolades in 42 territories and countries, and 177 best in category awards.
HSBC Group Private Banking
HSBC also provides private banking services through the following subsidiary brands:
