Who are Travellers? International Ties Individuals Immigrants Businesses Under X million assets.
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Transcript of Who are Travellers? International Ties Individuals Immigrants Businesses Under X million assets.
Who are Travellers?
International Ties
Individuals
Immigrants
Businesses
Under X million assets
Why Travellers?
HSBC International
Expertise
Growth Market
High Wealth Potential
Immigration Growth
Immigrant Age Profile
Immigrant Regional Distribution
In-m
igra
tion
Edinburgh (23.28%)
Glasgow (21.75%)
Aberdeen (12.21%)
Perth (4.72%)
Dundee (4.38%)
Falkirk (1.16%)
Dumfries (0.96%)
Immigrants vs. UK born
• Job Distribution– 49% foreign-born workers in highly skilled jobs– 42% UK-born workers in highly skilled jobs
• Education– 37% immigrants have degrees• (46% of those arrived in last 2 years have degrees)
– 17% UK-born have degrees
Immigrants vs. UK born
• Determinants of Immigrant Earnings– English Language Skills– Work Experience– Education– Ethnicity– Agency working– Length of time in the UK
• Large variation in labour market outcomes
Target Immigrant Profile
• Age: 20s• Education: University Degree• High English Language Skills• Non-Agency Employed• Outside The A8• Employed In, Or Seeking, A High Skill Job
Why Immigrants?
Immigrants
Growth
Education
Job Distributio
n
WealthPotential
Why Immigrants?
Immigrants
165,100 since 2006
Education
Job Distributio
n
WealthPotential
Why Immigrants?
Immigrants
165,100 since 2006
20% more
degrees than UK
Job Distributio
n
WealthPotential
Why Immigrants?
Immigrants
165,100 since 2006
20% more
degrees than UK
7% more highly
skilled jobs than UK
WealthPotential
Why Business?
• Not a huge stress• Focus on non-cash intensive business• International operation/trade• HSBC value proposition is international
assistance
Identifying Consumers
• HSBC Strength Is Banking• Find A Partner Whose Strength Is Consumer
Demographics• Build A Relationship For The Future
Identifying Consumers
Targeting Consumers