HSBC in Mexico

Assets
MXN 811,922 million as of 31 December 2023

Profit before tax
MXN 12,699 million as of 31 December 2023

Capital strength
Capital index: 15.8% as of 31 December 2023

Structure

Grupo Financiero HSBC, S.A. de C.V. is made up of the following subsidiaries:

• HSBC México, S.A. Banco
• HSBC Seguros, S.A. de C.V.
• HSBC Casa de Bolsa, S.A. de C.V.
• Global Asset Management (México), S.A. de C.V.
• HSBC Servicios, S.A. de C.V.

Grupo Financiero HSBC is a directly controlled and 99.99 per cent owned subsidiary of HSBC Latin America Holdings (UK) Limited, which in turn is wholly controlled by HSBC Holdings plc.

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 62 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$3,039bn as of 31 December 2023, HSBC is one of the world's largest banking and financial services organizations.

Diversity and inclusion

Being inclusive is part of our culture. We have a working environment where people are valued, respected and supported to reach their full potential, benefitting both our staff and our customers. Visit https://www.hsbc.com.mx/diversidad/ to find out more about the actions we are taking. Please note this is in Spanish only.

Corporate governance

Grupo Financiero HSBC has two local administrative entities:

1. The Management Board, made up of independent directors and led by the CEO HSBC Mexico, Jorge Arce
2. The Executive Committee, made up of the main executives of HSBC Mexico and chaired by the CEO, Jorge Arce

Download more information on HSBC Mexico Board of Directors (PDF 360KB) and Executive Committee (PDF 377KB).

Code of Conduct

Our Conduct Approach guides us to do the right thing and to focus on the impact we have for our customers and the financial markets in which we operate.

It complements our purpose and values and, together with more formal policies and the tools we have to do our jobs, provides a clear path to achieving our purpose and delivering our strategy.

Code of Conduct (PDF 525KB)

Please note that this document is available in Spanish only.

Remuneration System

Below is the Remuneration System details based on the CUB 168 BIS 3.

Remuneration System (PDF 224KB)

Please note that this document is available in Spanish only.

Anti-Bribery and Corruption Policy

HSBC operates globally a zero tolerance approach to bribery and corruption. The Anti-Bribery and Corruption Policy sets out the key principles and minimum control requirements that enable HSBC to mitigate the risk and comply with all laws and regulations:

Anti-Bribery and Corruption Policy Statement

Insight on HSBC.com