|
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) |
4,519 |
|
2,229 |
|
882 |
|
25 |
|
(7) |
|
(692) |
|
6,956 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income ...................... |
939 |
|
610 |
|
196 |
|
36 |
|
- |
|
- |
|
1,781 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trading income/(expense) excluding net interest income ........................................... |
68 |
|
106 |
|
372 |
|
5 |
|
(7) |
|
- |
|
544 |
Net interest income on
trading activities ................. |
- |
|
- |
|
134 |
|
- |
|
8 |
|
692 |
|
834 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income78 .............. |
68 |
|
106 |
|
506 |
|
5 |
|
1 |
|
692 |
|
1,378 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Changes in fair value of long-
term debt issued and related derivatives .......................... |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
Net income from other financial instruments designated at
fair value ............................ |
424 |
|
124 |
|
2 |
|
- |
|
- |
|
- |
|
550 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income from financial instruments designated at
fair value ............................ |
424 |
|
124 |
|
2 |
|
- |
|
- |
|
- |
|
550 |
Gains less losses from
financial investments ......... |
11 |
|
1 |
|
124 |
|
1 |
|
- |
|
- |
|
137 |
Dividend income .................... |
10 |
|
3 |
|
1 |
|
- |
|
- |
|
- |
|
14 |
Net earned insurance premiums |
2,068 |
|
551 |
|
34 |
|
- |
|
- |
|
- |
|
2,653 |
Other operating income ......... |
265 |
|
57 |
|
32 |
|
2 |
|
222 |
|
(250) |
|
328 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income ......... |
8,304 |
|
3,681 |
|
1,777 |
|
69 |
|
216 |
|
(250) |
|
13,797 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims86 ............ |
(1,850) |
|
(478) |
|
(16) |
|
- |
|
- |
|
- |
|
(2,344) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income21 .......... |
6,454 |
|
3,203 |
|
1,761 |
|
69 |
|
216 |
|
(250) |
|
11,453 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment charges and other credit risk provisions . |
(1,369) |
|
(501) |
|
(12) |
|
- |
|
(1) |
|
- |
|
(1,883) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income ............ |
5,085 |
|
2,702 |
|
1,749 |
|
69 |
|
215 |
|
(250) |
|
9,570 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses ....... |
(4,382) |
|
(1,835) |
|
(700) |
|
(49) |
|
(539) |
|
250 |
|
(7,255) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) ........... |
703 |
|
867 |
|
1,049 |
|
20 |
|
(324) |
|
- |
|
2,315 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates
and joint ventures ............... |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax ........... |
703 |
|
867 |
|
1,049 |
|
20 |
|
(324) |
|
- |
|
2,315 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
Share of HSBC's profit
before tax ........................... |
3.2 |
|
4.0 |
|
4.8 |
|
0.1 |
|
(1.5) |
|
|
|
10.6 |
Cost efficiency ratio .............. |
67.9 |
|
57.3 |
|
39.8 |
|
71.0 |
|
249.5 |
|
|
|
63.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data74 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
|
|
US$m |
Loans and advances to
customers (net) .................. |
19,025 |
|
25,834 |
|
11,011 |
|
62 |
|
6 |
|
|
|
55,938 |
Total assets ............................ |
39,231 |
|
38,410 |
|
66,241 |
|
1,660 |
|
417 |
|
(1,070) |
|
144,889 |
Customer accounts ................. |
28,629 |
|
24,050 |
|
18,940 |
|
7,079 |
|
62 |
|
|
|
78,760 |
