Hsbc Holdings Plc · LSE:HSBA
Hsbc — Goldman Sachs conference 2022
14 slides from Hsbc's conference presentation, Jun 8, 2022
Slide 1: HSBC Wealth and Personal Banking
HSBC Wealth and Personal Banking Nuno Matos, WPB CEO 8 June 2022
Slide 2: Business with significant scale, with a clear strategy to accelerate growth
Overview Wealth International Business with significant scale, with a clear strategy to accelerate growth Scale across key metrics (2021) Our strategy WPB Active Customers >38m ‘Opening Up a World of Opportunity’ 1 2 3 4 5 WPB Adjusted $22bn Revenue1 43% Leverage our Accelerate Grow our cross Foster
Slide 3: Progress on our Wealth strategy
Progress on our Wealth strategy 3
Slide 4: Progress against our Feb 2021 wealth ambitions
Overview Wealth International Progress against our Feb 2021 wealth ambitions 1 +14% YoY global wealth revenues of Grow wealth revenues >10% CAGR which market impact is 5ppts1 Grow Asia wealth AUM faster than the market 2 $36bn in Asia net new invested assets, >2x 2020 Hire >5K client facing wealth p
Slide 5: With strong delivery across our client segments
Overview Wealth International With strong delivery across our client segments Retail Wealth: Launched easy investment processes and more complex Global Private Banking: Expanding our UHNW business and grew our products in more markets footprint in Asia Make Investing Easy UHNW 10 min digital inves
Slide 6: And manufacturing units of HSBC Life & Global Asset Management
Overview Wealth International And manufacturing units of HSBC Life & Global Asset Management Global Asset Management: Growing higher margin products and HSBC Life: Progress across our key markets to build out scale in Asia increased reach Mainland China Alternatives Group Reported VNB1, $m Expande
Slide 7: Building our International strategy
Building our International strategy 7
Slide 8: HSBC is well-positioned to win in International
Overview Wealth International HSBC is well-positioned to win in International Who are International Customers? Global mobility continues to expand (our key 10 markets highlighted) 1 Multi Country: customers who bank in more than one market; Canada or UK US CIIOM Mainland China 2 Non-Resident: custom
Slide 9: Serving customers that have attractive business outcomes
Overview Wealth International Serving customers that have attractive business outcomes WPB has a strong platform for growth… … with customers that drive attractive business outcomes More likely to recommend HSBC +17 Higher NPS versus domestic customers 5 points 5.7m Total International active custom
Slide 10: By bringing together a complete set of international banking and wealth management capabilities
Overview Wealth International By bringing together a complete set of international banking and wealth management capabilities… Case Study: Customer journey for an Indian customer moving to Singapore1. To be deployed in all 10 key markets. A B C D E F Digital Account Instantly fund my Provide me with
Slide 11: Appendix
Appendix 11
Slide 12: Reconciliation of reported and adjusted PBT
Reconciliation of reported and adjusted PBT $m FY21 FY20 WPB reported revenue 22,117 21,999 Significant items and currency translation (7) 572 WPB adjusted revenue 22,110 22,571 WPB reported ECL 288 (2,855) Significant items and currency translation — (150) WPB adjusted ECL 288 (3,005) WPB reported
Slide 13: Wealth and Personal Banking 1Q22 financial highlights
Wealth and Personal Banking 1Q22 financial highlights Balance sheet, $bn 1Q22 vs. 1Q21 Revenue $5.2bn (6)% 5% Revenue down $335m (6%). Personal banking up $216m (7%) (1Q21: $5.6bn) 5% from interest rate rises and balance sheet growth. Wealth down 824 848 861 $443m, primarily due to adverse insuran
Slide 14: 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