Investor Presentaiton
Opening up a world of opportunity
Our Strategy
Asia
Wealth
Digital Business
Services
Financials
Focus on our strengths: A focused international business in the US and NRFB
US: leading international corporate business and a new
wealth management platform
CMB and Global Banking 18
Non Ring-Fenced Bank in Europe and the UK: a leaner,
simpler operating model
RWAS 19, $bn
revenue, $bn
1.9
mid single
digit CAGR
Costs 19, $bn.
>(15)%
3.9
3.6
c.(25)%
173
167
Costs 19, $bn
c.(20)%
6.9
6.9
2020
Medium-
term 20
2019
2020
2022
2019
202021
2022
2019
202021
2022
Key initiatives
Key initiatives
Continuing to invest in serving internationally-connected wholesale clients
Maintaining a leading position in USD clearing, trade and FX and continue
to drive outbound revenues
ā Focusing on an international Wealth platform to connect our clients to the
US Wealth market
Enhancing a limited number of branches to also serve as wealth
management centres for our globally mobile and affluent clients
ā Exploring organic and inorganic options for the retail banking franchise
Focusing on a Wholesale footprint that serves international customers
both inbound and outbound to our network, especially Asia and the Middle East
Continuing to invest in transaction banking franchise with strong linkage to
Asia
Simplified operating model with two hubs (London & Paris) with reduced
complexity in cost and RWA consumption
Continuing with the strategic review of our retail banking operations in
France and are in negotiations in relation to a potential sale although no
decision has yet been taken. If any sale is implemented, given the underlying
performance of the French retail business, a loss on sale is expected
21View entire presentation