|
2011 |
|
Retail
Banking
and Wealth
Management
US$m |
|
Commercial Banking
US$m |
|
Global
Banking
and
Markets
US$m |
|
Global Private
Banking
US$m |
|
Other US$m |
|
Inter-
segment elimination85 US$m |
|
Total
US$m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) |
2,571 |
|
1,317 |
|
1,051 |
|
173 |
|
(464) |
|
43 |
|
4,691 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income ...................... |
1,741 |
|
706 |
|
475 |
|
160 |
|
15 |
|
- |
|
3,097 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trading income/(expense) excluding net interest
income ............................... |
120 |
|
169 |
|
652 |
|
135 |
|
(116) |
|
- |
|
960 |
Net interest income on
trading activities ................. |
9 |
|
1 |
|
246 |
|
- |
|
16 |
|
(43) |
|
229 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income/(expense)78 |
129 |
|
170 |
|
898 |
|
135 |
|
(100) |
|
(43) |
|
1,189 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Changes in fair value of long-
term debt issued and related derivatives .......................... |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
Net income/(expense) from
other financial instruments
designated at fair value ....... |
(475) |
|
(72) |
|
(5) |
|
- |
|
15 |
|
- |
|
(537) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income/(expense) from financial instruments
designated at fair value ....... |
(475) |
|
(72) |
|
(5) |
|
- |
|
15 |
|
- |
|
(537) |
Gains less losses from
financial investments ......... |
3 |
|
10 |
|
21 |
|
- |
|
(10) |
|
- |
|
24 |
Dividend income .................... |
- |
|
1 |
|
14 |
|
- |
|
24 |
|
- |
|
39 |
Net earned insurance premiums |
4,317 |
|
758 |
|
13 |
|
- |
|
- |
|
- |
|
5,088 |
Other operating income ......... |
505 |
|
175 |
|
79 |
|
8 |
|
1,185 |
|
(268) |
|
1,684 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income ......... |
8,791 |
|
3,065 |
|
2,546 |
|
476 |
|
665 |
|
(268) |
|
15,275 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims86 ............ |
(3,887) |
|
(697) |
|
(9) |
|
- |
|
- |
|
- |
|
(4,593) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income21 .......... |
4,904 |
|
2,368 |
|
2,537 |
|
476 |
|
665 |
|
(268) |
|
10,682 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment (charges)/ recoveries and other credit
risk provisions .................... |
(77) |
|
(66) |
|
23 |
|
(36) |
|
- |
|
- |
|
(156) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income ............ |
4,827 |
|
2,302 |
|
2,560 |
|
440 |
|
665 |
|
(268) |
|
10,526 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses ....... |
(1,811) |
|
(703) |
|
(1,248) |
|
(252) |
|
(1,012) |
|
268 |
|
(4,758) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) ........... |
3,016 |
|
1,599 |
|
1,312 |
|
188 |
|
(347) |
|
- |
|
5,768 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates
and joint ventures ............... |
6 |
|
9 |
|
4 |
|
- |
|
36 |
|
- |
|
55 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax ........... |
3,022 |
|
1,608 |
|
1,316 |
|
188 |
|
(311) |
|
- |
|
5,823 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
Share of HSBC's profit
before tax ........................... |
13.8 |
|
7.3 |
|
6.0 |
|
0.9 |
|
(1.4) |
|
|
|
26.6 |
Cost efficiency ratio .............. |
36.9 |
|
29.7 |
|
49.2 |
|
52.9 |
|
152.2 |
|
|
|
44.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data74 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
|
|
US$m |
Loans and advances to
customers (net) .................. |
56,296 |
|
54,986 |
|
39,667 |
|
5,447 |
|
1,269 |
|
|
|
157,665 |
Total assets ............................ |
85,866 |
|
63,516 |
|
238,892 |
|
20,680 |
|
84,782 |
|
(20,712) |
|
473,024 |
Customer accounts ................. |
181,316 |
|
79,225 |
|
35,283 |
|
19,622 |
|
(101) |
|
|
|
315,345 |
