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HSBC stays top of British banking poll
23 December 2004
HSBC is Britain’s most admired bank for the fourth year running, according to a survey of some of the banking industry’s most senior executives and analysts.
This year’s poll, conducted by Nottingham Business School, put HSBC ahead of competitors such as Barclays, HBOS and Lloyds TSB across nine categories measuring financial soundness and management quality as well as product and marketing performance.
HSBC averaged a score of over seven in each category, with 0 being poor and 10 excellent. Its total score of 66.34 moved it up to eighth position in the overall rankings table, which included 22 industry sectors and 220 British companies, from 19th in 2003. The survey results are published in December’s issue of the UK publication, Management Today.
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