Investor Presentaiton
Resilient performance in a challenging environment
2 Resilient financial performance in 1H20, while gaining market share
GTRF: resilient performance in 1H20
GTRF adjusted revenue, $bn (CMB and GBM) 1
Doing more with less
GTRF; 1H20 vs 1H191
Gaining market share6
GTRF market share
1H19
1H20
+1.5
1.3
1.3
1H19
1H20
GTRF adjusted revenue in line with 1H19
■ 12% revenue growth in Supply Chain Finance
Repricing and market share gains offsetting
lower global trade volumes
-
- Global trade 2: -13% in 1H20
-
Global DC issuance ³: -19% in 1H20
-2%
+0.5
FTES
12.4
10.9
+0.1
9.6
9.1
-2%
Direct costs
6.1 6.2
-13%
RWAS
+11%
Assets distributed4
+26bps Revenue / RWAs 5
Global
Asia
Traditional
Trade
#1 in Traditional Trade and Structured Trade
Extended #1 position in Asia, where HSBC
is >2x larger than top 2 peers in the region.
Extended leadership in Traditional Trade,
especially in Asia
1.
Numbers presented on an adjusted basis, as defined in the HSBC Holdings plc Interim Report
2.
3.
Source: Aggregated by HSBC Research from WTO country level merchandise exports monthly values
Source: SWIFT; Global DC issuance values
5. Revenue/RW As is calculated using annualised adjusted revenues and adjusted average RWAs
6. Source: OW Coalition FY19 & 1H20 revenue benchmarking report
5
4.
This is the total volume of all GTRF assets distributed into the secondary market to a diversified set of investors (banks or non-banks)
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