Interim Report - 11 of 24

RNS Number : 2017X

HSBC Holdings PLC

26 August 2015

 



North America

Our North American businesses are principally located in the US and Canada. Operations in the US are primarily conducted through HSBC Bank USA, N.A. and HSBC Finance Corporation, a national consumer finance company. HSBC Markets (USA) Inc. is the intermediate holding company of, inter alia, HSBC Securities (USA) Inc. Canadian operations are conducted through HSBC Bank Canada.
		Half-year to
		30 Jun		30 Jun		31 Dec
		2015		2014		2014
		$m		$m		$m
Net interest income		2,278		2,635		2,380
Net fee income		1,057		991		949
Net trading income		296		228		183
Other income		495		213		573
Net operating income15		4,126		4,067		4,085
LICs		(153)		(411)		89
Net operating income		3,973		3,656		4,174
Total operating expenses		(3,287)		(2,837)		(3,592)
Operating profit		686		819		582
Income from associates		4		6		10
Profit before tax		690		825		592
Loans and advances to customers (net)		132,340		129,620		129,787
Customer accounts		137,296		136,774		138,884
RoRWA		0.6%		0.7%		0.5%
Cost efficiency ratio		79.7%		69.8%		87.9%
Period-end staff numbers		20,338		20,649		20,412

For footnote, see page 56.

Country view of adjusted revenue

		Half-year to
		30 Jun		30 Jun		31 Dec
		2015		2014		2014
		$m		$m		$m
US		3,011		3,194		2,889
Canada		852		878		844
Other		106		136		132
		3,969		4,208		3,865

Profit before tax ($m)

Revenue ($m)

Operating expenses ($m)

For details of significant items, see page 50.

 

END

 

 

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