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October 31, 2026
9 Free Financial Modeling Lessons
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BBs are not applied country to country - BBs are a term used to describe a bank's presence on Wall Street. And so while Soc Gen might be a strong player in France, it would never be termed a BB. As such, HSBC is not a BB - I'm unsure how they do in Asia in terms of ranking vs other Asian banks but they are nowhere close to being a BB in the US.
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