HSBC Holdings plc (HSBC) is a banking and financial services organization. The Company provides financial services to approximately 54 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. These businesses are responsible for developing, implementing and managing their business propositions consistently across the Group, focusing on profitability and efficiency. Its international network had approximately 6,300 offices covering 75 countries and territories in six geographical regions: Europe, Hong Kong, Rest of Asia-Pacific, Middle East and North Africa, North America and Latin America. HSBC Holdings, the holding company of the Group, is the source of equity capital for its subsidiaries. The Company�s Group Management Board (GMB) works to ensure that there are sufficient cash resources to pay dividends to shareholders, interest to bondholders, expenses and taxes.