HSBC Holdings plc (ADR) (HSBC) provides banking and financial products and services in the United Kingdom and internationally. It operates through Retail Banking and Wealth Administration, Commercial Banking, Global Banking and Markets, and Global Private Banking businesses. The company Retail Banking and Wealth Administration business offers a range of personal banking products and services, counting current and savings accounts, mortgages and personal loans, credit cards, debit cards, and local and international payment services; and wealth administration services comprising insurance and investment products, asset administration services, and financial planning services. Its Commercial Banking business provides credit and lending, and international trade and receivables finance; treasury administration and liquidity solutions, such as payments and cash administration, and commercial cards; commercial insurance and investments; and foreign exchange products, and debt and equity capital raising and advisory services to small and medium-sized enterprises, mid-market enterprises, and corporates.
The company Global Banking and Markets business is involved in the provision of financing, advisory, and transaction services, in addition to services in credit, rates, foreign exchange, equities, money markets and securities services; and principal investment activities to government, corporate and institutional clients, and private shareholders. Its Global Private Banking business provides investment administration, advisory, discretionary, and brokerage services; private wealth solutions, comprising trusts and estate planning; and private banking services to high net worth and ultra-high net worth individuals and their families. The company operates through about 6,000 branches in North America, Latin America, Europe, the Middle East, North Africa, and Asia. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.
Ares Capital Corporation (ARCC) is a specialty finance company that is a closed-end, non-diversified administration investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests mainly in the United States middle-market companies.
The Company invests in first lien senior secured loans (counting unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position), second lien senior secured loans and mezzanine debt, which in some cases includes an equity component. The Company focuses on self-originating most of its investments by pursuing an array of investment opportunities in middle-market companies, venture capital backed businesses and power generation projects across multiple channels.