Hsbc Holdings Plc · LSE:HSBA
Hsbc — Goldman Sachs conference (June 2024)
9 slides from Hsbc's conference presentation, June 2024
Slide 1: Wealth and Personal Banking (WPB)
Wealth and Personal Banking (WPB) Nuno Matos, CEO of WPB June 2024
Slide 2: WPB is a profitable franchise across retail and wealth growing at pace
WPB is a profitable franchise across retail and wealth growing at pace Our strategic priorities Scale across key metrics (FY23) Opening up a world of opportunity Active customers ~41m ~38m (2022) 1 2 3 4 5 $27.3bn Revenue $20.9bn (2022) Wealth International Payments & Customer Cost efficiency lendin
Slide 3: We achieved strong growth against our wealth ambition in 2023
We achieved strong growth against our wealth ambition in 2023 Financial performance Net new invested assets, $bn Reported invested assets1, $bn Global wealth revenue, $bn +6% +17% +8% 84 1,191 7.5 80 7.0 1,015 549 47 Asia2 470 >50% Asia2 59 of global wealth revenue comes from Asia 642 37 545 21 FY22
Slide 4: International — an engine for growth
International — an engine for growth Ambition to be the most recommended bank for International customers The fastest growing WPB segment1… Underpinning a strong foundation for the future International active customers4, #m FY22-FY23 +12% growth 6.7 6.3 6.0 Digital International account opening in
Slide 5: We are growing our Payments business and capabilities at scale
We are growing our Payments business and capabilities at scale HSBC customers only Open market Global Money reaches 1m+ customers PayMe scaling across Hong Kong Zing officially launched Global Money surpassed 1m customers Launched officially within the United 1m in 1Q24 3.1m PayMe users as of 1Q24 U
Slide 6: Our unsecured lending business continues to grow
Our unsecured lending business continues to grow Unsecured lending FY23 growth highlights 2.9m New cards acquired +34% YoY +3% Increase in card spend YoY $48bn Reported cards and personal unsecured +9% YoY lending gross balances1 1. Excludes held-for-sale balances 5
Slide 7: We are continuing to refine our market participation in line with our strengths
We are continuing to refine our market participation in line with our strengths Completed transactions NEW UNITED CANADA GREECE FRANCE OMAN ZEALAND STATES Transactions in progress ARGENTINA MAURITIUS ARMENIA 6
Slide 8: 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
Slide 9: Opening up a world of opportunity
Opening up a world of opportunity 8