Investor Presentaiton
Appendix
How we will succeed
Strategy
Results
A strategy already in motion
Ф
Key initiatives already kicked off in 2020
◆ Transformation initiatives well underway to
unlock growth capacity; decisive actions in
US and NRFB
Key initiatives focused on client acquisition
already launched (e.g. Pinnacle in China)
GBM pivot to Asia strategy already in motion
both from a capital and talent reallocation
perspective
Driven by a renewed operating model
and a fresh leadership team
Simplified organisation empowered to execute
Refreshed management team with new
performance measures aligned to our strategy
Three global businesses: merged GPB and
RBWM to form WPB; combined middle and back
office of CMB and Global Banking
Senior management personnel down 17% 67 in
2020 driving simplification and faster decision
making
Group Executive Committee: c.75% members in
post for just over a year or less
Significant capital and funding strength
to drive high returns growth in Asia
Putting HSBC's weight behind Asia
Material step up in growth investments of
c.$6bn planned in Asia to boost growth
through new customer platforms and talent
Accelerating capital re-allocation to Asia:
committing to allocate 800bps additional
capital to Asia (vs. 42% at FY20) over the
medium to long-term
WPB Wealth expansion into Greater China
and Rest of Asia to serve international needs of
our Asian customers
GBM rebalancing of capital, investments and
talent from West to East68
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