Interim Report - 8 of 24 | RNS | Ticker

Interim Report - 8 of 24

RNS Announcement

RNS Number : 2007X

HSBC Holdings PLC

26 August 2015

Europe

Our principal banking operations in Europe are HSBC Bank plc in the UK, HSBC France, HSBC Private Bank (Suisse) SA and HSBC Trinkaus & Burkhardt AG. Through these operations we provide a wide range of banking, treasury and financial services to personal, commercial and corporate customers across Europe.
	Half-year to
	30 Jun	30 Jun	31 Dec
	2015	2014	2014
	$m	$m	$m

Net interest income	5,115	5,244	5,367
Net fee income	2,447	3,188	2,854
Net trading income	1,913	982	1,552
Other income	1,994	1,459	925

Net operating income¹⁵	11,469	10,873	10,698

LICs	(288)	(266)	(498)

Net operating income	11,181	10,607	10,200

Total operating expenses	(8,978)	(8,352)	(11,865)

Operating profit/(loss)	2,203	2,255	(1,665)

Income from associates	2	3	3

Profit/(loss) before tax	2,205	2,258	(1,662)

Loans and advances to customers (net)	400,452	479,670	409,733
Customer accounts	536,251	614,776	545,959
RoRWA	1.2%	1.2%	(0.9)%
Cost efficiency ratio	78.3%	76.8%	110.9%
Period-end staff numbers	69,867	69,642	69,363

For footnote, see page 56.

Country view of adjusted revenue

Profit before tax ($m)

Revenue ($m)

Operating expenses ($m)

For details of significant items, see page 50.

This information is provided by RNS

The company news service from the London Stock Exchange

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