Last checked at 26 Aug 2015 16:22
Europe
Our principal banking operations in Europe are HSBC Bank plc in the UK, HSBC France, HSBC Private Bank (Suisse) SA and HSBC Trinkaus & Burkhardt AG. Through these operations we provide a wide range of banking, treasury and financial services to personal, commercial and corporate customers across Europe. | ||||||
Half-year to | ||||||
30 Jun | 30 Jun | 31 Dec | ||||
2015 | 2014 | 2014 | ||||
$m | $m | $m | ||||
Net interest income | 5,115 | 5,244 | 5,367 | |||
Net fee income | 2,447 | 3,188 | 2,854 | |||
Net trading income | 1,913 | 982 | 1,552 | |||
Other income | 1,994 | 1,459 | 925 | |||
Net operating income15 | 11,469 | 10,873 | 10,698 | |||
LICs | (288) | (266) | (498) | |||
Net operating income | 11,181 | 10,607 | 10,200 | |||
Total operating expenses | (8,978) | (8,352) | (11,865) | |||
Operating profit/(loss) | 2,203 | 2,255 | (1,665) | |||
Income from associates | 2 | 3 | 3 | |||
Profit/(loss) before tax | 2,205 | 2,258 | (1,662) | |||
Loans and advances to customers (net) | 400,452 | 479,670 | 409,733 | |||
Customer accounts | 536,251 | 614,776 | 545,959 | |||
RoRWA | 1.2% | 1.2% | (0.9)% | |||
Cost efficiency ratio | 78.3% | 76.8% | 110.9% | |||
Period-end staff numbers | 69,867 | 69,642 | 69,363 | |||
For footnote, see page 56.
Country view of adjusted revenue
Half-year to | ||||||
30 Jun | 30 Jun | 31 Dec | ||||
2015 | 2014 | 2014 | ||||
$m | $m | $m | ||||
UK | 7,707 | 7,655 | 7,363 | |||
France | 1,619 | 1,289 | 1,198 | |||
Germany | 417 | 405 | 384 | |||
Switzerland | 360 | 341 | 379 | |||
Other | 786 | 736 | 611 | |||
10,889 | 10,426 | 9,935 | ||||
Profit before tax ($m)
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Revenue ($m)
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Operating expenses ($m)
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For details of significant items, see page 50.