HSBC Holdings PLC · LSE:HSBA
HSBC — Goldman Sachs conference 2023
10 slides from HSBC's conference presentation, June 2023
Slide 1: HSBC Wealth and Personal Banking
HSBC Wealth and Personal Banking Nuno Matos | CEO, WPB June 2023
Slide 2: We run a profitable franchise across retail and wealth with significant scale
We run a profitable franchise across retail and wealth with significant scale and a clear strategy in full execution mode Our strategic priorities Scale across key metrics (FY22) Opening up a world of opportunity Active customers1 ~38m 1 2 3 4 5 Adjusted revenue $24.4bn Wealth International Payments
Slide 3: We have made strong progress delivering on our wealth ambition in 2022
We have made strong progress delivering on our wealth ambition in 2022 Attracted $80bn in global net new invested assets, Continue to attract new funds 1 of which $59bn were in Asia, leading to a global total of $1tn of invested assets +9% YoY global wealth revenue and +5% YoY Asia Grow wealth reven
Slide 4: We continue to expand our wealth offering across key Asian markets
We continue to expand our wealth offering across key Asian markets to capture the wealth opportunity Mainland China Hong Kong Completed acquisition of Launched Family Office remaining 50% equity interest in proposition, giving UHNW clients HSBC Life China direct access to HSBC’s Grew Global Pr
Slide 5: On the path to becoming the most recommended bank for International customers
We are on the path to becoming the most recommended bank for International customers Launched Global International proposition in Fastest growing segment in WPB4… …with differentiating international 1Q23, underpinned by six customer International active customers4, m capabilities now live promises a
Slide 6: Significant growth in our Payments & Lending business
We are delivering significant growth in our Payments & Lending business by further improving our capabilities Strong growth in payments and lending Growth drivers Personal Banking adjusted revenue, $bn Digital account opening launched in Singapore & HK, with the UK and the UAE expected to go live
Slide 7: Reconciliation of adjusted and reported financial information
Reconciliation of adjusted and reported financial information $m FY22 FY21 WPB adjusted revenue 24,367 20,963 Significant items (2,170) 2 FX translation differences — 1,152 From 1 January 2023 HSBC has adopted changes to the presentation of its financial results, including the adoption of IFRS 17
Slide 8: Footnotes
Footnotes 1. Customer numbers exclude those acquired through our purchase of L&T Investment Management 2. Excludes significant items 3. FY22 YoY negative insurance market impacts were $1.4bn. Including insurance market impacts, global wealth revenue declined 8% and Asia wealth revenue declined 20%.
Slide 9: Disclaimer
Disclaimer Important notice The information, statements and opinions set out in this presentation and accompanying discussion (this “Presentation”) are for informational and reference purposes only and do not constitute a public offer for the purposes of any applicable law or an offer to sell or sol
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