|
2013 |
|
Retail
Banking
and Wealth
Management
US$m |
|
Commercial Banking
US$m |
|
Global
Banking
and
Markets
US$m |
|
Global
Private
Banking
US$m |
|
Other US$m |
|
Inter-
segment elimination49 US$m |
|
Total
US$m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) ........................................... |
5,600 |
|
3,353 |
|
1,774 |
|
722 |
|
(694) |
|
(62) |
|
10,693 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income/(expense) ...... ........................................... |
2,545 |
|
1,789 |
|
957 |
|
744 |
|
(3) |
|
- |
|
6,032 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trading income excluding net interest income .................. |
206 |
|
30 |
|
2,181 |
|
192 |
|
698 |
|
- |
|
3,307 |
Net interest income on trading activities ............................ |
2 |
|
5 |
|
1,013 |
|
4 |
|
30 |
|
62 |
|
1,116 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income44 .............. |
208 |
|
35 |
|
3,194 |
|
196 |
|
728 |
|
62 |
|
4,423 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Changes in fair value of long-
term debt issued and related derivatives .......................... |
− |
|
− |
|
− |
|
− |
|
(936) |
|
− |
|
(936) |
Net income/(expense) from
other financial instruments
designated at fair value ....... |
1,059 |
|
271 |
|
591 |
|
4 |
|
(570) |
|
(1) |
|
1,354 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income/(expense) from financial instruments
designated at fair value ....... |
1,059 |
|
271 |
|
591 |
|
4 |
|
(1,506) |
|
(1) |
|
418 |
Gains less losses from
financial investments ......... |
52 |
|
− |
|
344 |
|
(17) |
|
− |
|
− |
|
379 |
Dividend income .................... |
4 |
|
2 |
|
65 |
|
4 |
|
− |
|
− |
|
75 |
Net earned insurance premiums ........................................... |
2,782 |
|
361 |
|
(1) |
|
16 |
|
− |
|
− |
|
3,158 |
Other operating income/
(expense) ........................... |
(103) |
|
9 |
|
110 |
|
(253) |
|
766 |
|
− |
|
529 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income/ (expense) .......................... |
12,147 |
|
5,820 |
|
7,034 |
|
1,416 |
|
(709) |
|
(1) |
|
25,707 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims50 ............ |
(4,136) |
|
(567) |
|
− |
|
(37) |
|
− |
|
− |
|
(4,740) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income/
(expense)4 ........................ |
8,011 |
|
5,253 |
|
7,034 |
|
1,379 |
|
(709) |
|
(1) |
|
20,967 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment charges and other credit risk provisions . ........................................... |
(329) |
|
(935) |
|
(242) |
|
(24) |
|
− |
|
− |
|
(1,530) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income/
(expense) .......................... |
7,682 |
|
4,318 |
|
6,792 |
|
1,355 |
|
(709) |
|
(1) |
|
19,437 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses ....... |
(5,934) |
|
(2,231) |
|
(4,987) |
|
(1,519) |
|
(2,943) |
|
1 |
|
(17,613) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) ....... |
1,748 |
|
2,087 |
|
1,805 |
|
(164) |
|
(3,652) |
|
− |
|
1,824 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit/(loss) in
associates and joint ventures |
5 |
|
1 |
|
(4) |
|
(1) |
|
− |
|
− |
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax ....... |
1,753 |
|
2,088 |
|
1,801 |
|
(165) |
|
(3,652) |
|
− |
|
1,825 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
Share of HSBC's profit
before tax ........................... |
7.8 |
|
9.2 |
|
8.0 |
|
(0.7) |
|
(16.2) |
|
|
|
8.1 |
Cost efficiency ratio .............. |
74.1 |
|
42.5 |
|
70.9 |
|
110.2 |
|
(415.1) |
|
|
|
84.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data40 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
|
|
US$m |
Loans and advances to
customers (net)34 ................ |
177,357 |
|
105,498 |
|
193,226 |
|
27,289 |
|
830 |
|
|
|
504,200 |
Total assets ........................... |
238,499 |
|
124,242 |
|
1,054,506 |
|
75,718 |
|
72,174 |
|
(172,180) |
|
1,392,959 |
Customer accounts34 .............. |
205,288 |
|
134,120 |
|
254,598 |
|
49,789 |
|
1,021 |
|
|
|
644,816 |
