HSBC Holdings PLC · LSE:HSBA
HSBC — HSBC France — Non-Deal Roadshow (March 2008)
12 slides from HSBC's roadshow presentation, Mar 12, 2008
Slide 1: HSBC France Investor presentation
HSBC FRANCE Investor presentation PETER BOYLES AND ERIC GROVEN 12 MARCH 2008
Slide 2: Forward-looking statements
Forward-looking statements • This presentation, including the accompanying slides and subsequent discussion, contains certain forward-looking information with respect to the financial condition, results of operations and business of HSBC France. This information represents expectations or beliefs co
Slide 3: HSBC – a powerful brand in France
HSBC – a powerful brand in France • Excellent progress in establishing the brand since rebranding in November 2005 • Global Brand awareness(1) of around 60 % among target clients compared to just 16 % in November 2005, which increases to more than 75 % in the Paris region • Considered the most dynam
Slide 4: HSBC France – financial overview
HSBC France – financial overview (1) EURm 2007 2006 Variance Net operating income before loan impairment charges 2 924 2 642 10,7% Loan impairment charges -52 -10 ns(2) Net operating income 2 872 2 632 9,1% Operating expenses -2 033 -1 834 10,9% Profit before tax 905 817 10,8% Cost Efficiency ratio
Slide 5: HSBC France – financial overview – business breakdown
HSBC France – financial overview – business breakdown(1) Net operating income before loan 2007 2006 Variance impairment charges (EURm) Global Banking and Markets 1 131 941 20.2% Personal Financial Services 957 890 7.5% Commercial Banking 715 701 2.0% Private Banking 107 105 1.9% Other 14 5 Ns Total
Slide 6: Personal Financial Services
Personal Financial Services • Acquisition of Erisa, now renamed HSBC Assurances France, and aggressive push to develop Insurance sales through the branch network and internet (part of HBSC Group’s Insurance strategy to grow insurance contribution to 20 % of Group profits) – Life Insurance premiums:
Slide 7: Commercial Banking
Commercial Banking • Client base: +6 % versus 2006 • Intensive marketing and advertising campaigns, mainly using the theme ‘Principal Banker’ – Development of tailored products and services for different segments – Online banking updated with the launch of a new website offering capabilities for int
Slide 8: Global Banking and Markets
Global Banking and Markets • Strong growth in revenues in volatile market conditions and with an increased cost of liquidity • Strong performances mainly due to M&A, Fixed Income and Interest Rate Derivatives • Development of the three global platforms implemented in Paris: – Equity Derivatives – In
Slide 9: Private Banking
Private Banking • New money from private clients: +11.4 % sustained by referrals from HSBC retail banking in France • AuM: EUR11.7 billion slight fall compared to 2006 linked to outflows from corporates • Continued strong development with the Group on international business (+170 %) • Success of new
Slide 10: HSBC receives firm offer for regional banks in France
HSBC receives firm offer for regional banks in France • Seven regional banks: – Société Marseillaise de Crédit (SMC) – Banque Chaix – Banque Marze – Banque de Savoie – Banque Dupuy de Parseval – Banque Pelletier – Crédit Commercial du Sud-Ouest (CCSO) • Key figures (aggregate): • Potential buyer: Ba
Slide 11: Systems and processes
Systems and processes • HSBC France has commenced numerous actions to improve its cost income ratio, and notably: – HUB: successful implementation on the Group Retail Banking system HUB for the HSBC platform (excluding HSBC Hervet which is planned in 2008) – Merger: legal and operational merger of t
Slide 12: HSBC France – future
HSBC France – future • A major opportunity for HSBC France, as well as the Group, in a large and low-risk market with significant international in and outflows • Personal Financial Services – A mass-affluent-focused ‘bancassurance’ model – To reallocate and focus resources on Premier to grow three t