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Investor Presentaiton

Global Banking and Markets Strategy 2023 results Appendix Revenue of $4.1bn, up $0.3bn (8%) 31 MSS revenue of $2.2bn, down $0.2bn (8%): Global FX continued to perform well, with strong client and trading activity, despite being down YoY due to exceptional market volatility driving client flows in 2022 Securities Services growth driven by global interest rate increases Equities down due to lower client activity as a result of low market volatility Banking revenue of $2.1bn, up $0.5bn (33%): GPS up from higher global interest rate environment Credit and Lending revenue down largely due to weaker client demand and a focus on returns Capital Markets and Advisory up primarily due to higher debt capital markets volume and growth in Issuer Services from higher interest rates 2Q23 financial highlights Management view of revenue 2023 vs. 2022 Revenue $4.1bn 8% $m 2023 A2022 (2022: $3.8bn) MSS 2,205 Securities Services 635 ECL $(0.1)bn >(100)% (2022: $0.1bn) Global Debt Markets 238 (8)% 34% 5% Global FX 1,006 Costs $(2.4)bn (8)% Equities 93 (10)% (53)% (2022: $(2.2)bn) Securities Financing 252 2% XVAs (19) >(100)% PBT $1.5bn (4)% (2022: $1.6bn) Banking 2,141 33% GTRF 162 (4)% ROTE33 14.2% 2.7ppts GPS 1,122 92% (2022: 11.5%) Credit & Lending 489 (20)% Capital Markets & Revenue performance, $m 252 69% Advisory Other 116 +8% (9)% GBM Other (285) 4,448 Principal Investments 17 4,061 3,756 3,815 Other 3,411 Revenue (302) 4,061 21% (18)% (19)% (15)% 8% 2,138 1,613 1,712 2,142 1,943 Key indicators 2,384 2,310 2,559 1,958 2,205 Cost-income ratio, % (241); (207); (490) (249) (286) Gross Capital Markets and Advisory revenue34, $m 2023 A2022 60 Oppts 374 38% Customer lending 35, $bn 2022 3Q22 4Q22 1Q23 2023 Customer deposits 36, $bn 313 MSS Banking Other Assets under custody, $tn RWAs, $bn 8.7 176 (12)% (6)% 1.6% 227 (2)% 2023 vs. 1023 Revenue down $0.4bn (9%) MSS down $0.4bn (14%) vs. a strong 1Q23, largely due to Global FX as market conditions normalised ā—† Banking revenue stable. Higher NII in GPS was offset by lower Capital Markets & Advisory activity 29
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