Investor Presentaiton
Transformation journey
Strategy
4Q22 results
Appendix
Portfolio repositioned: Exited markets and reduced RWAs while reallocating
capital towards higher growth and more profitable opportunities
RWA saves in excess of target
Capital reallocation to Asia
$bn
Asia as a % of Group tangible equity⁹, %
24
128
43.
Target:
>110
2019
61
2020
2021
43%
Invested in bolt-on acquisitions
2022
2020-22
AXA Singapore
2022
47%
Reshaped portfolio with exits
US mass market retail
Planned sale of Canada banking
business
Planned sale of France retail
Planned sale of Russia and
Greece operations
4th largest health insurer in
Singapore post acquisition 10
L&T Investment Management
14th largest fund house in India
post acquisition 11
HSBC Life China
Increased stake from 50% to
100%
HSBC Qianhai
Increased stake from 51% to
90%
7View entire presentation