Term Paper on International Human Resource Management of HSBC

The Hong Kong and Shanghai Bank Corporation (HSBC) Group, one of the world's largest banking and financial services organizations, had its beginnings in Asia more than 130 years ago. Headquartered in London, HSBC's international network comprises over 9,500 offices in 79 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. The Group has business operation in 81 countries round the world. This bank is divided in four different regions. According to its geographic location these divisions are USA, Europe, Africa and Asia-Pacific. More than 8000 thousand people are working in these regions. With listings on the London, New York, Paris, Hong Kong, and Bermuda stock exchanges, shares in HSBC Holdings plc are held by nearly 200,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depositary Receipts. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

The HSBC Group has an international prestige that is unique. Many of its principal companies opened for business over a century ago and they have a history, which is rich in variety and achievement. The HSBC Group is named after its founding member, The Hong Kong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between China and Europe.

The primary objective of this report is to compare and analyze the practical experience by working to link the theoretical knowledge with its application in a real life situation and analyze it from an International Human Resource Management (IHRM) point of view. The purpose of this project is to get a practical exposure of International Human Resource Management activities so that as a future manager I can carry out our day-to-day management responsibilities properly. By doing this report I am now able to compare what I have learned in our course with the realistic corporate world. 
 
The secondary objective of this report is, after gathering and analyzing information on “Recruitment and Selection” of International Staff of HSBC Bank; I have to recommend something relevant about my findings.