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Founded in 1865, HSBC Holdings (HSBC) is a large banking and financial services company, headquartered in London. The company specialises in four sectors; retail banking and wealth management, commercial banking, global banking and markets, and global private banking. HSBC works through an extended international network of branches in Asia, Europe, North Africa, the Middle East, North America and Latin America, offering its services to over 46 million customers worldwide.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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