RNS Number : 6151S
HSBC Holdings PLC
18 March 2016
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. |
|
|
2015 |
|
2014 |
|
2013 |
|
|
$m |
|
$m |
|
$m |
|
|
|
|
|
|
|
Net interest income |
|
10,005 |
|
10,611 |
|
10,693 |
Net fee income |
|
4,891 |
|
6,042 |
|
6,032 |
Net trading income |
|
4,060 |
|
2,534 |
|
4,423 |
Other income/(expense) |
|
2,102 |
|
2,384 |
|
(181) |
|
|
|
|
|
|
|
Net operating income1 |
|
21,058 |
|
21,571 |
|
20,967 |
|
|
|
|
|
|
|
LICs34 |
|
(690) |
|
(764) |
|
(1,530) |
|
|
|
|
|
|
|
Net operating income |
|
20,368 |
|
20,807 |
|
19,437 |
|
|
|
|
|
|
|
Total operating expenses |
|
(19,733) |
|
(20,217) |
|
(17,613) |
|
|
|
|
|
|
|
Operating profit |
|
635 |
|
590 |
|
1,824 |
|
|
|
|
|
|
|
Income from associates35 |
|
8 |
|
6 |
|
1 |
|
|
|
|
|
|
|
Profit before tax |
|
643 |
|
596 |
|
1,825 |
|
|
|
|
|
|
|
Cost efficiency ratio |
|
93.7% |
|
93.7% |
|
84.0% |
RoRWA24 |
|
0.2% |
|
0.2% |
|
0.6% |
|
|
|
|
|
|
|
Year-end staff numbers |
|
67,509 |
|
69,363 |
|
68,334 |
For footnotes, see page 99.
Country view of adjusted revenue
|
|
2015 |
|
2014 |
|
|
$m |
|
$m |
|
|
|
|
|
UK |
|
14,898 |
|
15,022 |
France |
|
2,619 |
|
2,487 |
Germany |
|
827 |
|
788 |
Switzerland |
|
631 |
|
698 |
Other |
|
1,427 |
|
1,271 |
|
|
|
|
|
Year ended 31 December |
|
20,402 |
|
20,266 |
Profit before tax ($m)
Revenue ($m)
Operating expenses ($m)
For details of significant items, see page 77.
Profit/(loss) before tax by country within global businesses
|
|
Retail Banking and Wealth Management $m |
|
Commercial Banking $m |
|
Global Banking and Markets $m |
|
Global Private Banking $m |
|
Other $m |
|
Total $m |
|
|
|
|
|
|
|
|
|
|
|
|
|
UK |
|
964 |
|
2,040 |
|
384 |
|
169 |
|
(3,857) |
|
(300) |
France23 |
|
388 |
|
152 |
|
112 |
|
14 |
|
(27) |
|
639 |
Germany |
|
23 |
|
66 |
|
157 |
|
20 |
|
(27) |
|
239 |
Switzerland |
|
− |
|
8 |
|
− |
|
(220) |
|
(4) |
|
(216) |
Other |
|
(181) |
|
53 |
|
395 |
|
31 |
|
(17) |
|
281 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31 December 2015 |
|
1,194 |
|
2,319 |
|
1,048 |
|
14 |
|
(3,932) |
|
643 |
|
|
|
|
|
|
|
|
|
|
|
|
|
UK |
|
589 |
|
2,193 |
|
(801) |
|
191 |
|
(2,228) |
|
(56) |
France23 |
|
(181) |
|
240 |
|
354 |
|
− |
|
(199) |
|
214 |
Germany |
|
28 |
|
71 |
|
162 |
|
27 |
|
(10) |
|
278 |
Switzerland |
|
− |
|
5 |
|
2 |
|
38 |
|
(3) |
|
42 |
Other |
|
(122) |
|
39 |
|
332 |
|
59 |
|
(190) |
|
118 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31 December 2014 |
|
314 |
|
2,548 |
|
49 |
|
315 |
|
(2,630) |
|
596 |
|
|
|
|
|
|
|
|
|
|
|
|
|
UK |
|
1,471 |
|
1,684 |
|
1,246 |
|
252 |
|
(3,493) |
|
1,160 |
France23 |
|
285 |
|
255 |
|
351 |
|
21 |
|
(162) |
|
750 |
Germany |
|
30 |
|
70 |
|
183 |
|
44 |
|
(25) |
|
302 |
Switzerland |
|
− |
|
2 |
|
2 |
|
(291) |
|
− |
|
(287) |
Other |
|
(33) |
|
77 |
|
19 |
|
(191) |
|
28 |
|
(100) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31 December 2013 |
|
1,753 |
|
2,088 |
|
1,801 |
|
(165) |
|
(3,652) |
|
1,825 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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