HSBC Holdings Plc engages in the provision of banking and financial services. It operates through the following segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, Global Private Banking, and Corporate Centre. The Retail Banking and Wealth Management segment manages finances, to buy homes, and save, and invest for the future. The Commercial Banking segment includes working capital, term loans, payment services, and international trade facilitation. The Global Banking and Markets segment provides financial services and products to companies, governments, and institutions. The company was founded on January 1, 1959 and is headquartered in London, the United Kingdom.