Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001089113-25-000056
Chunk: 11

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 11
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, the parent company of HSBC, is headquartered in London. With assets of $ 3.2 t n at 30 September 2025 , HSBC is one of the world’s largest banking and financial services organisations. Effective from 1 January 2025, the Group‘s operating segments comprise of four new businesses along with Corporate Centre: – Hong Kong – UK – Corporate and Institutional Banking – International Wealth and Premier Banking All segmental comparative data have been re-presented on this basis. Our Hong Kong business comprises Retail Banking and Wealth and Commercial Banking of HSBC Hong Kong and Hang Seng Bank. Our UK business comprises UK Retail Banking and Wealth (including first direct and M&S Bank) and UK Commercial Banking, including HSBC Innovation Bank. CIB integrates our Commercial Banking business (outside of the UK and Hong Kong) with our Global Banking and Markets business. IWPB comprises Premier banking outside of Hong Kong and the UK, our Private Bank, Asset Management and Insurance businesses. Corporate Centre results primarily comprise the financial impact from certain acquisitions and disposals and the share of profit, dilution and impairment loss impacts from interests in our associates and joint ventures. It also includes Central Treasury, stewardship costs and consolidation adjustments.

Notes Income statement comparisons, unless stated otherwise, are between the quarter ended 30 September 2025 and the quarter ended 30 September 2024 . Balance sheet comparisons, unless otherwise stated, are between balances at 30 September 2025 and the corresponding balances at 31 December 2024. Unless otherwise stated, the factors impacting constant currency income statement performance between periods are the same factors discussed in relation to reported income statement performance for the same periods. The financial information on which this Earnings Release 3Q25 on Form 6-K is based is unaudited. It has been prepared in accordance with our material accounting policies as described on pages 375 to 387 of the Annual Report and Accounts 2024 on Form 20-F.

Proposal to privatise Hang Seng Bank Limited On 9 October 2025, the Group announced that we have put forward a conditional proposal to privatise Hang Seng Bank through a scheme of arrangement. If approved and implemented, this would result in The Hongkong and Shanghai Banking Corporation Limited acquiring all of the remaining shares of Hang Seng Bank held by the minority shareholders and the withdrawal of listing of the Hang Seng Bank shares from the Hong Kong Stock Exchange. The expected day one capital impact of the proposal is a net reduction of approximately 125 basis