HSBC

HSBC continues to extend its footprint in the banking sector from its London headquarters. The company's resilience, supported by 220k employees and an annual revenue near $134B, makes it a structural reference for investors and partners across Europe.

Long-term partnerships with sovereign and institutional investors give the company unusual visibility on multi-year demand.

“HSBC is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

Capital markets have started to price in the durability of the model, and rating agencies have followed.