Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 179

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 179
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 presented on a reported andconstant currency basis, including HSBC UK Bank plc, HSBC Bankplc, The Hongkong and Shanghai Banking Corporation Limited,HSBC Bank Middle East Limited, HSBC North America HoldingsInc., HSBC Bank Canada and Grupo Financiero HSBC, S.A. de C.V.The results of legal entities are presented on a reported basis onpage119and a constant currency basis on page122. |

| 108 | HSBC Holdings plcAnnual Report on Form 20-F |

Global businesses

Supplementary analysis of constant currency results and notable items by global business

| Constant currency results1                       |                            |                   |                          |                 |           |
|                                                  |                       2024 |                   |                          |                 |           |
|                                                  | Wealth andPersonalBanking2 | CommercialBanking | GlobalBanking andMarkets | CorporateCentre |     Total |
|                                                  |                         $m |                $m |                       $m |              $m |        $m |
| Revenue3                                         |                     28,674 |            21,580 |                   17,529 |          -1,929 |    65,854 |
| ECL                                              |                     -1,335 |            -1,815 |                     -235 |             -29 |    -3,414 |
| Operating expenses                               |                    -15,204 |            -7,906 |                  -10,231 |             298 |   -33,043 |
| Share of profit in associates and joint ventures |                         47 |                 1 |                        — |           2,864 |     2,912 |
| Profit/(loss) before tax                         |                     12,182 |            11,860 |                    7,063 |           1,204 |    32,309 |
| Loans and advances to customers (net)            |                    447,085 |           306,926 |                  169,516 |           7,131 |   930,658 |
| Customer accounts                                |                    823,267 |           490,475 |                  340,898 |             315 | 1,654,955 |

1 In the current period constant currency results are equal to reported as there is no currency translation. 2 On 1 January 2024, HSBC Continental Europe completed the sale of its retail banking operations in France to CCF, a subsidiary of Promontoria MMB SAS (‘My Money Group’