Financial Data and Key Metrics Changes - The company reported pre-tax profits of $5.4 billion, up 76% from the previous year's third quarter, with an annualized return on tangible equity of 9.1% for the year to date [9] - Adjusted revenues were down 1% year-on-year but up 1% excluding certain volatile items, indicating a return to more consistent top-line growth across most business lines [9][10] - Expected credit losses (ECL) were a net release of $659 million, marking the third consecutive quarter of net releases, with total net releases for the year to date amounting to approximately $1.4 billion [9][10] Business Line Data and Key Metrics Changes - In Wealth and Personal Banking, revenues were down 3% year-on-year, but excluding insurance market impacts, revenues grew by 7% due to higher fee income in Asset Management and Private Banking [14] - Commercial Banking revenues increased by 4%, driven by higher fee income across all products and growth in trade lending and deposit balances [14] - Global Banking and Markets saw revenues decrease by 3% due to slower customer activity in fixed income markets, although equities benefited from higher client activity and volatility in Asia [15] Market Data and Key Metrics Changes - In Asia, revenues were up 7% quarter-on-quarter and 5% year-on-year, indicating strong underlying revenue trends [13] - In the UK, ringfenced bank revenues increased by 2% quarter-on-quarter and 6% year-on-year, with fee income up 25% compared to the third quarter of the previous year [13] - Trade balances grew approximately 18% to 20% year-on-year, reflecting strong demand for trade finance amid global economic uncertainty [50] Company Strategy and Development Direction - The company announced a $2 billion share buyback, reflecting a commitment to return capital to shareholders as revenue normalizes [5][11] - The acquisition of AXA Singapore was highlighted as a strategic move to enhance product and distribution capabilities in a key market [5] - The company is focused on sustainable finance initiatives, including partnerships aimed at accelerating the low carbon transition [6][8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about turning the corner on revenue growth, with expectations of interest rate rises contributing positively to net interest income [8][16] - The outlook for 2022 includes sustained revenue growth driven by loan growth and improved net interest margins, despite inflationary pressures on costs [19][22] - Management remains cautious about potential second-order risks from the Chinese real estate market but is confident in the overall exposure [46][51] Other Important Information - The company expects adjusted costs for 2021 and 2022 to remain stable at around $32 billion, influenced by inflationary pressures and ongoing investments [19] - The core Tier 1 ratio improved to 15.9%, with a target to normalize it to 14% to 14.5% by the end of 2022 [20][22] - The company has helped issue $170 billion in green bonds year-to-date, reinforcing its commitment to sustainability [13] Q&A Session Summary Question: Buyback metrics and future buybacks - Management indicated that the $2 billion buyback reflects a stronger capital position than anticipated, driven by higher profitability and lower ECLs [30] Question: Cost outlook and M&A impact - The increase in costs includes approximately $300 million related to M&A, with inflationary pressures and higher compensation being significant factors [32] Question: Revenue outlook and net interest margin - Management noted that while interest rate rises are expected to boost revenue, the core business is already experiencing strong growth [64] Question: Trade performance and global trade outlook - Management highlighted strong growth in trade finance, driven by increased demand amid global economic uncertainty [50] Question: China real estate exposure - Management reassured that direct exposure to troubled developers is limited, and they are closely monitoring potential second-order risks [46][51]

HSBC Holdings plc (NYSE:HSBC) Q2 2021 Earnings Conference Call August 2, 2021 2:30 AM ET Company Participants Noel Quinn - Group CEO Ewen Stevenson - Group CFO Conference Call Participants Martin Leitgeb - Goldman Sachs Raul Sinha - JPMorgan Tom Rayner - Numis Omar Keenan - Crédit Suisse Aman Rakkar - Barclays Andrew Coombs - Citi Guy Stebbings - Exane BNP Paribas Manus Costello - Autonomous Noel Quinn Good morning in London, and good afternoon in Hong Kong. I've got Ewen with me today, and I'll hand over t ...

HSBC Holdings plc 2Q21 Results Presentation to Investors and Analysts To be the preferred international financial partner for our clients Our ambition Our values We value difference We succeed together We take responsibility We get it done Our strategy Focus on our strengths Digitise at scale Energise for growth Transition to net zero Strategy 2Q21 results Appendix Our purpose, values and ambition support the execution of our strategy Opening up a world of opportunity Our purpose 1 Strategy 2Q21 results App ...

HSBC Holdings plc (NYSE:HSBC) Q1 2021 Earnings Conference Call April 27, 2021 2:30 AM ET Company Participants Ewen Stevenson - Group CFO Noel Quinn - Group CEO Conference Call Participants Edward Firth - KBW Fahed Kunwar - Redburn Omar Keenan - Credit Suisse Tom Rayner - Numis Securities Guy Stebbings - Exane BNP Paribas Manus Costello - Autonomous Raul Sinha - JPMorgan Martin Leitgeb - Goldman Sachs Operator This presentation and subsequent discussion may contain certain forward-looking statements with res ...

HSBC Holdings plc 1Q21 Results Presentation to Investors and Analysts 1Q21 results Appendix Opening up a world of opportunity Our purpose To be the preferred international financial partner for our clients Our ambition Our values We value difference We succeed together We take responsibility We get it done Our strategy Focus on our strengths Digitise at scale Energise for growth Transition to net zero Our purpose, values and ambition support the execution of our strategy 1 1Q21 results Appendix 1Q21 highlig ...

As filed with the Securities and Exchange Commission on February 24, 2021. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 Or þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or SHELL COMPANY REPORT PURSUANT ...

HSBC Holdings plc 4Q20 Results Opening up a world of opportunity Presentation to Investors and Analysts | --- | --- | |-----------------------------------|----------------| | | | | Agenda | | | Results | | | FY20 highlights and achievements | Noel Quinn | | FY20 and 4Q20 results | Ewen Stevenson | | Opening up a world of opportunity | | | Our Strategy | Noel Quinn | | Driving growth in Asia | Peter Wong | | Pivot to Wealth | Nuno Matos | | Digital Business Services | John Hinshaw | | Financial snapshot | Ew ...

HSBC Holdings PLC (NYSE:HSBC) Q4 2020 Earnings Conference Call February 23, 2021 2:30 AM ET Company Participants Peter Wong - Deputy Chairman & CEO, The Hongkong and Shanghai Banking Corp Ltd Richard O'Connor - Global Head, IR Ewen Stevenson - Group CFO & Executive Director John Hinshaw - Group COO Noel Quinn - Group CEO Nuno Matos - CEO, Europe and Head, Wealth & Personal Banking Division Conference Call Participants Martin Leitgeb - Goldman Sachs Group Adrian Cighi - Crédit Suisse Tom Rayner - Numis Secur ...

HSBC Holdings plc (NYSE:HSBC) Q3 2020 Earnings Conference Call October 27, 2020 3:30 AM ET Company Participants Noel Quinn - Group Chief Executive Ewen Stevenson - Group Chief Financial Officer Conference Call Participants Raul Sinha - JPMorgan Martin Leitgeb - Goldman Sachs Manus Costello - Autonomous Aman Rakkar - Barclays Jason Napier - UBS Edward Firth - KBW Tom Rayner - Numis Guy Stebbings - Exane BNP Paribas Joseph Dickerson - Jefferies Operator This presentation and subsequent discussion may contain ...

Financial Performance - Reported profit before tax (PBT) decreased by $1.8 billion (36%) to $3.1 billion compared to 3Q19[1] - Adjusted PBT decreased by $1.1 billion (21%) to $4.3 billion compared to 3Q19[1] - Adjusted revenue decreased by $1.3 billion (10%) to $12.1 billion compared to 3Q19[11] - Costs decreased by $0.2 billion (3%) to $7.4 billion compared to 3Q19[11] - Expected credit losses (ECL) decreased by $3.2 billion (80%) to $0.8 billion compared to 2Q20[11, 27] Capital and Restructuring - CET1 ratio increased by 0.6 percentage points to 15.6% compared to 2Q20[10, 11] - Customer deposits increased by $164 billion (12%) to $1.6 trillion compared to 3Q19[1, 11] - $41 billion of risk-weighted assets (RWA) saves have been delivered year-to-date (YTD)[4] - The company expects to exceed its original FY22 targets of $100 billion of gross RWA reductions[1, 8] Regional Focus - Deposits in Asia are up 7% year-over-year to $732 billion[5] - Loans in Asia are broadly stable year-over-year at $484 billion[5] - Hong Kong's 3Q20 adjusted ECL is down 49% year-over-year to $0.1 billion[5]