HSBC in Mexico

Grupo Financiero HSBC is one of the leading financial and banking groups in Mexico, with 962 branches, 5,621 automated teller machines and approximately 16,000 employees.

MXN 823,941 million at 30 September 2019
Profit before tax
MXN 9,235 million at 30 September 2019
Capital strength
Capital index: 12.7% at 30 September 2019


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 serves around 38 million customers in 67 countries and territories in Asia, Europe, North America, Latin America and the Middle East and North Africa. With assets of USD 2,728 billion at 30 September 2019, HSBC is one of the world’s largest banking and financial services organisations. Shares in HSBC Holdings plc are traded on the New York, London, Paris, Hong Kong and Bermuda stock exchanges.


Learn about HSBC Mexico’s sustainability projects which focus on education, the environment and projects that benefit the community

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 Latin America, Paulo Maia
  2. The Executive Committee, made up of the main executives of HSBC Mexico and chaired by the CEO, Nuno Matos

Download more information on HSBC Mexico’s Management Board (PDF 156KB) and Executive Committee (PDF 117KB). Please note that these documents are available in Spanish only.

Remuneration System

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

Remuneration System (PDF 279KB)

Please note that this document is available in Spanish only.