Summary ................................................................. |
61 |
|
Profit/(loss) before tax ................................................. |
61 |
|
|
|
Total assets .................................................................. |
62 |
|
|
|
Risk-weighted assets ..................................................... |
62 |
Selected items included in profit before tax by |
62 |
|
Fair value movements arising from changes in own credit spreads ........................................................... |
62 |
|
|
|
Acquisitions, disposals and dilutions ............................ |
62 |
|
|
|
|
|
Europe ...................................................................... |
63 |
|
|
|
Economic background ................................................ |
63 |
|
|
|
Financial overview ..................................................... |
63 |
|
|
|
Country business highlights ......................................... |
64 |
|
Profit/(loss) before tax by country within global businesses ................................................................ |
64 |
Review of performance .............................................. |
65 |
|
Profit/(loss) before tax and balance sheet data ............ |
67 |
|
|
|
|
|
Asia ........................................................................... |
70 |
|
|
|
Economic background ................................................ |
70 |
|
|
|
Financial overview ..................................................... |
70 |
|
|
|
Country business highlights ......................................... |
71 |
|
Profit/(loss) before tax by country within global businesses ................................................................ |
71 |
|
|
|
Analysis of mainland China.......................................... |
72 |
Review of performance .............................................. |
72 |
|
Profit before tax and balance sheet data ...................... |
74 |
|
|
|
|
|
Middle East and North Africa ................................. |
77 |
|
|
|
Economic background ................................................ |
77 |
|
|
|
Financial overview ..................................................... |
77 |
|
|
|
Country business highlights ......................................... |
77 |
|
Profit/(loss) before tax by country within global businesses ................................................................ |
78 |
Review of performance .............................................. |
79 |
|
Profit/(loss) before tax and balance sheet data ............ |
80 |
|
|
|
|
|
North America ......................................................... |
83 |
|
|
|
Economic background ................................................ |
83 |
|
|
|
Financial overview ..................................................... |
83 |
|
|
|
Country business highlights ......................................... |
84 |
|
Profit/(loss) before tax by country within global businesses ................................................................ |
84 |
Review of performance .............................................. |
85 |
|
Profit/(loss) before tax and balance sheet data ............ |
86 |
|
|
|
|
|
Latin America .......................................................... |
89 |
|
|
|
Economic background ................................................ |
89 |
|
|
|
Financial overview ..................................................... |
89 |
|
|
|
Country business highlights ......................................... |
90 |
|
Profit/(loss) before tax by country within global businesses ................................................................ |
90 |
Review of performance .............................................. |
91 |
|
Profit/(loss) before tax and balance sheet data ............ |
92 |
|
|
|
|
|
|
|
|
|
|
From 1 January 2014, the geographical region 'Asia' replaced the geographical regions previously reported as 'Hong Kong' and 'Rest of Asia-Pacific'. This aligns with changes made to the financial information used internally to manage the business. Comparative data have been re-presented accordingly.
|
Half-year to |
||||||||||
|
30 June 2014 |
|
30 June 2013 |
|
31 December 2013 |
||||||
|
US$m |
|
% |
|
US$m |
|
% |
|
US$m |
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
Europe ...................................................... |
2,258 |
|
18.3 |
|
2,768 |
|
19.7 |
|
(943) |
|
(11.1) |
Asia11 ....................................................... |
7,894 |
|
64.0 |
|
9,262 |
|
65.8 |
|
6,591 |
|
77.6 |
Middle East and North Africa ................... |
989 |
|
8.0 |
|
909 |
|
6.5 |
|
785 |
|
9.2 |
North America ......................................... |
825 |
|
6.7 |
|
666 |
|
4.7 |
|
555 |
|
6.5 |
Latin America .......................................... |
374 |
|
3.0 |
|
466 |
|
3.3 |
|
1,506 |
|
17.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
12,340 |
|
100.0 |
|
14,071 |
|
100.0 |
|
8,494 |
|
100.0 |
|
At 30 June 2014 |
|
At 30 June 2013 |
|
At 31 December 2013 |
||||||
|
US$m |
|
% |
|
US$m |
|
% |
|
US$m |
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
Europe ...................................................... |
1,430,863 |
|
52.0 |
|
1,365,534 |
|
51.6 |
|
1,392,959 |
|
52.1 |
Asia11 ........................................................ |
874,334 |
|
31.8 |
|
799,842 |
|
30.2 |
|
831,791 |
|
31.1 |
Middle East and North Africa ................... |
61,289 |
|
2.2 |
|
63,292 |
|
2.4 |
|
60,810 |
|
2.3 |
North America ......................................... |
437,706 |
|
15.9 |
|
473,218 |
|
17.9 |
|
432,035 |
|
16.2 |
Latin America .......................................... |
125,630 |
|
4.6 |
|
123,032 |
|
4.7 |
|
113,999 |
|
4.3 |
Intra-HSBC items ..................................... |
(176,229) |
|
(6.5) |
|
(179,602) |
|
(6.8) |
|
(160,276) |
|
(6.0) |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,753,593 |
|
100.0 |
|
2,645,316 |
|
100.0 |
|
2,671,318 |
|
100.0 |
|
At 30 June 2014 |
|
At 30 June 2013 |
|
At 31 December 2013 |
||||||
|
US$bn |
|
% |
|
US$bn |
|
% |
|
US$bn |
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total ........................................................ |
1,248.6 |
|
|
|
1,104.8 |
|
|
|
1,092.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Europe ...................................................... |
393.6 |
|
31.0 |
|
305.4 |
|
27.4 |
|
300.1 |
|
27.1 |
Asia11 ........................................................ |
481.1 |
|
37.9 |
|
413.1 |
|
37.0 |
|
430.7 |
|
38.9 |
Middle East and North Africa ................... |
62.7 |
|
4.9 |
|
64.2 |
|
5.8 |
|
62.5 |
|
5.7 |
North America ......................................... |
236.9 |
|
18.6 |
|
236.4 |
|
21.1 |
|
223.8 |
|
20.2 |
Latin America .......................................... |
96.8 |
|
7.6 |
|
96.7 |
|
8.7 |
|
89.5 |
|
8.1 |
|
Half-year to |
||||
|
30 June |
|
30 June |
|
31 December |
|
2014 |
|
2013 |
|
2013 |
|
US$m |
|
US$m |
|
US$m |
|
|
|
|
|
|
Europe ......................................................................................................... |
(159) |
|
3 |
|
(1,018) |
Asia11 ........................................................................................................... |
(5) |
|
1 |
|
(3) |
Middle East and North Africa ....................................................................... |
(6) |
|
(1) |
|
(3) |
North America ............................................................................................. |
(45) |
|
(22) |
|
(203) |
|
|
|
|
|
|
|
(215) |
|
(19) |
|
(1,227) |
|
Half-year to |
||||
|
30 June |
|
30 June |
|
31 December |
|
2014 |
|
2013 |
|
2013 |
|
US$m |
|
US$m |
|
US$m |
|
|
|
|
|
|
Europe ......................................................................................................... |
- |
|
(23) |
|
40 |
Asia11 ........................................................................................................... |
(32) |
|
1,128 |
|
(143) |
Middle East and North Africa ....................................................................... |
11 |
|
16 |
|
17 |
North America ............................................................................................. |
- |
|
(120) |
|
17 |
Latin America .............................................................................................. |
16 |
|
60 |
|
1,136 |
|
|
|
|
|
|
|
(5) |
|
1,061 |
|
1,067 |