Pros
If you were not fortunate enough to go to university and obtain a degree in your chosen field HSBC will take you on as branch staff even casually and you will be able to work up from there. Not via talent or hard work but from connections you can make. HSBC doesn't look at employees results or credentials rather who you know, who are related to or who you have married.
Cons
Low levels of communications, process and lack of accountability from management and staff. The complex systems and lack of communication makes it easy for staff to hide mistakes or issues. Local market has very little control of anything that is done. If you want a role were you can have purpose you will need to work in Hong Kong or London. Promotions and roles are provided to staff that managers like and many times roles are not advertised but provided to those they have offered behind closed doors. If dishonesty and gaslighting go against your values, then this isn't the place for you. However if you are able to justify poor behavior then you will go far. CEO has acknowledged that pay is below industry average. In conclusion, systems, pay, communication and management are poor. - are you desperate enough to work here?