|
|
2014 |
|
|
Retail
Banking
and Wealth
Management
$m |
|
Commercial Banking
$m |
|
Global
Banking and
Markets
$m |
|
Global
Private
Banking
$m |
|
Other $m |
|
Inter-segment elimination44 $m |
|
Total $m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) |
|
5,196 |
|
3,616 |
|
1,956 |
|
594 |
|
(654) |
|
(97) |
|
10,611 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income/(expense) |
|
2,456 |
|
1,900 |
|
1,087 |
|
626 |
|
(27) |
|
− |
|
6,042 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trading income/(expense) excluding
net interest income |
|
(260) |
|
33 |
|
1,943 |
|
140 |
|
(92) |
|
− |
|
1,764 |
Net interest income/(expense)
on trading activities |
|
14 |
|
2 |
|
660 |
|
(4) |
|
1 |
|
97 |
|
770 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income/(expense)40 |
|
(246) |
|
35 |
|
2,603 |
|
136 |
|
(91) |
|
97 |
|
2,534 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Changes in fair value of long-term debt issued and related derivatives |
|
− |
|
− |
|
− |
|
− |
|
614 |
|
− |
|
614 |
Net income/(expense) from other financial instruments designated at fair value |
|
616 |
|
119 |
|
14 |
|
(1) |
|
(11) |
|
− |
|
737 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income/(expense) from financial instruments designated at fair value |
|
616 |
|
119 |
|
14 |
|
(1) |
|
603 |
|
− |
|
1,351 |
Gains less losses from financial investments |
|
12 |
|
10 |
|
730 |
|
9 |
|
11 |
|
− |
|
772 |
Dividend income |
|
3 |
|
7 |
|
50 |
|
2 |
|
3 |
|
− |
|
65 |
Net insurance premium income |
|
2,741 |
|
217 |
|
− |
|
50 |
|
− |
|
− |
|
3,008 |
Other operating income/(expense) |
|
(127) |
|
45 |
|
(3) |
|
29 |
|
1,249 |
|
(186) |
|
1,007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income |
|
10,651 |
|
5,949 |
|
6,437 |
|
1,445 |
|
1,094 |
|
(186) |
|
25,390 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims45 |
|
(3,450) |
|
(306) |
|
− |
|
(63) |
|
− |
|
− |
|
(3,819) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income1 |
|
7,201 |
|
5,643 |
|
6,437 |
|
1,382 |
|
1,094 |
|
(186) |
|
21,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment (charges)/recoveries and other credit risk provisions |
|
(268) |
|
(502) |
|
− |
|
4 |
|
2 |
|
− |
|
(764) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income |
|
6,933 |
|
5,141 |
|
6,437 |
|
1,386 |
|
1,096 |
|
(186) |
|
20,807 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
(6,621) |
|
(2,594) |
|
(6,391) |
|
(1,071) |
|
(3,726) |
|
186 |
|
(20,217) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) |
|
312 |
|
2,547 |
|
46 |
|
315 |
|
(2,630) |
|
− |
|
590 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates and joint ventures |
|
2 |
|
1 |
|
3 |
|
− |
|
− |
|
− |
|
6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
314 |
|
2,548 |
|
49 |
|
315 |
|
(2,630) |
|
− |
|
596 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of HSBC's profit before tax |
|
1.7 |
|
13.6 |
|
0.3 |
|
1.7 |
|
(14.1) |
|
|
|
3.2 |
Cost efficiency ratio |
|
91.9 |
|
46.0 |
|
99.3 |
|
77.5 |
|
340.6 |
|
|
|
93.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data30 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$m |
|
$m |
|
$m |
|
$m |
|
$m |
|
|
|
$m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans and advances to customers (net) |
|
165,112 |
|
106,342 |
|
113,136 |
|
24,766 |
|
377 |
|
|
|
409,733 |
Total assets |
|
221,679 |
|
120,819 |
|
948,951 |
|
64,676 |
|
64,182 |
|
(129,381) |
|
1,290,926 |
Customer accounts |
|
202,413 |
|
135,837 |
|
166,075 |
|
41,380 |
|
254 |
|
|
|
545,959 |
