HSBC Investor Day Presentation Deck
CMB: Reducing RWAs through client optimisation and management actions
FY19 - FY21 RWA walk, £bn
60.1
(4.7)
FY19
2.5
(5)%
0.1
Asset size Asset quality
Model
updates
Methodology
and policy
Management actions drove c.£8.7bn of RWA reductions over the period
(1.1)
56.9
FY21
Appendix
Asset size
Reductions achieved under our transformation
programme and other management actions
Government guaranteed Covid-19 lending schemes
contributed to further reductions in FY20
Asset quality
Adverse credit migration in FY20 from Covid-19
impacts, partly offset by subsequent improvements in
asset quality and portfolio mix changes in FY21
Methodology and policy updates
Increase in the SME supporting factor benefit as part
of the CRR 'Quick Fix' relief package
Partially offset by changes to Markets Treasury
allocation
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