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The number of employees (including both full-time and part-time workers) at HSBC decreased steadily from 2010 to 2025. In 2025, the British banking had roughly 209,000 employees, 98,000 less than in 2010. Despite the decreasing number of employees, HSBC is still the largest employer in the European banking industry.

Workforce diversity at the largest UK banks

The share of women in the total workforce of four out of the five largest banks in the UK decreased in recent years, albeit slightly. At HSBC, for instance, the share of female employees decreased 0.2 percent between 2018 and 2021. The same tendency can be seen at Lloyds Banking Group, Barclays, and Standard Chartered. The share of women in senior and leadership positions, however, has increased. At HSBC, there were almost four percent more women in senior leadership positions in 2021 than in 2018.

HSBC – additional information

HSBC (Hongkong and Shanghai Banking Corporation) was founded in 1865 in order to facilitate trade between Asia and the West. Today, HSBC has expanded its services to different markets, establishing a global presence. HSBC has the highest market capitalization amongst all European banks. As of December 2024, the British bank was ranked 10th in the leading ten banks by market cap, with a market capitalization of almost 177 billion U.S. dollars.