ive the bank out of China and then its main headquarters became London.
In the late 1950s Hongkong & Shanghai Bank's acquisitions included the British Bank of the Middle East (founded in 1889, now the Saudi British Bank) and Mercantile Bank (with offices in India and Southeast Asia). In 1965, the company bought 62% of Hang Seng, Hong Kong's second largest bank. It also added new subsidiaries, including Wayfoong (mortgage and small-business finance, 1960) and Wardley (investment banking, Hong Kong, 1972) (Richebacher, 2000).
The remainder of this paper will consider some of the more overt actions of HSBC as verified by documents on the Internet and in the form of magazine articles and books. The sections of this analysis will include HSBC baseline analyses, baseline business, WBS, and Critical Path Analyses.
The classical definition of baseline analysis is that it is a planning and control instrument that usually takes the form of a summary of attributes that includes, at a minimum, quantity, quality, timing, costs. The baseline analysis (BA) is a management tool that allows management to have a formal reference for comparison and verification of subsequent efforts, progress, analysis and control. Although classically considered for product development, it can be for a project, business or technical management control (Wysocki, 2000).
The reason a baseline analysis is so important for HSBC is the company has an unusually diverse geographical reach. These are the offices as of December 31, 2001. Algeria (1); Angola (2); Argentina (226; Armenia (2); Australia 44); Azerbaijan (1); Bahamas (10); Bahrain (4); Bangladesh (4); Belgium (4); Bermuda (2); Brazil (1,632); British Virgin Islands (1); Brunei Darussalam (14); Canada (165); Cayman Islands (4); Channel Islands (25); Chile (2); People's Republic of China (22); Cote d'Ivoire (1); Cyprus (159); Czech Republic (1); Egypt (14); France (790); Germany (12); Ghana (1); Greec...