Why hsbc is a multinational company?

HSBC is considered a multinational company because it operates in numerous countries across the globe, providing a wide range of financial services, including banking, investment, and insurance. Founded in Hong Kong and Shanghai in 1865, it has expanded its presence to over 60 countries, catering to diverse markets and customer needs. Its global footprint allows it to leverage local insights while maintaining international standards, making it a key player in the global financial landscape.