HSBC reported strong annual results for 2007. Profit before tax was up 19% to $27.6 billion. Operating expenses increased 23% to $8.6 billion due to investment and income grew 19% to $6.9 billion. HSBC in Europe contributed $16.5 billion in profit before tax, representing 35.5% of the group's total. The document also provides financial highlights for HSBC Bank plc, UK Commercial Banking, UK Personal Financial Services and details several awards and accolades received by HSBC's UK operations in 2007.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Roadshow, Tokyo, Mikael Inglander and Anders EkSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Roadshow, Tokyo, Mikael Inglander and Anders EkSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
A Marketer Looks at Sales - Marketing's Role in Social Selling - HSBC - A cus...LinkedIn Sales Solutions
Featuring Lauren Somers, Digital and Social Media Marketing Manager, HSBC. Hear from your peers in Sales and Marketing leadership roles as they share real world social selling best practices learned at their own companies
It is a short presentation showing different marketing principles used by HSBC. It also shows their campaigns and how they capitalise different customer niches.
A case study on HSBC about motivation and personality in Consumer Behavior. In this case study, HSBC targeted some dominant motives to persuade local consumer to their banking strategy.
Amanda Rendle, Global Head of Marketing, HSBC Commercial Bank, originally shared this presentation at LinkedIn FinanceConnect:14 in New York City.
HSBC’s Commercial Bank is devoted to creating opportunity for international aspirant businesses through facilitating global connections. Learn how HSBC CMB built a global content ecosystem that helps customers and prospects grow their businesses through an intelligent integrated program. See how they leveraged their Global Connections portal, a Global Connections group on LinkedIn, content rich media, and "in-feed" snackable content – to better service their customers.
Francis Clark is delighted to present our 9th annual Finance in Cornwall event, which has become an integral part of ‘Cornwall Business Week’.
The event looks to bring together people representing the funding and support streams potentially available to SMEs. Therefore, the event is of great relevance to Business Owners and Managers looking to find the best finance options available for their business and the support on offer to help them achieve their aims.
This year's event includes presentations from the big banks as well as the "alternative" finance providers. There will also be a number of organisations contracted to provide business support; including the providers of the Growth Hub and an update on 'European Funding'.
2016 Annual General Meeting of Shareholders Aegon N.V.Aegon
Shareholders are invited to attend the 2016 Annual General Meeting of Shareholders (AGM) of Aegon N.V. on Friday May 20, 2016 at 10.00 a.m. at Aegon's head office in The Hague, the Netherlands.
Aegon reports strong increase in net income in 1Q 2017. Highlights include: Underlying earnings up 6% driven by US expense reductions and higher fee income; continued strong sales and improved margins; solvency II ratio stable at 157%.
2. Forward-looking statements
This presentation and subsequent discussion may contain certain forward-
looking statements with respect to the financial condition, results of
operations and business of HSBC Holdings plc and HSBC Bank plc. These
forward-looking statements represent the bank’s expectations or beliefs
concerning future events and involve known and unknown risks and
uncertainty that could cause actual results, performance or events to differ
materially from those expressed or implied in such statements. Additional
detailed information concerning important factors that could cause actual
results to differ materially is available in both Annual Reports.
3. (US$16,525m)
(US$13,871m)
HSBC in Europe1: Full Year Results 2007
20072006
Cost : efficiency ratio = 59.9% ... Share of HSBC’s profit before tax = 35.5%
HSBC Bank plc Return on Average Invested Capital up 0.6% pts to 13.7%
• HSBC Bank plc in Europe included above: PBT US$7,692m
• Other non-European operations not included above US$474m
• Other HSBC Group operations in Europe US$903m
Up 19%
US$27,567m
US$20,072m
Up 19%
Profit
before tax3
Operating
expenses
Net
Operating
Income2
Up 23%
US$6,974m
US$8,595m
1 Extracted from the Annual Report and Accounts of HSBC Holdings plc
2 Income throughout this presentation refers to net operating income before loan impairment charges and other credit risk provisions
3 Profit before tax includes share of profit or loss in associates and joint ventures
4. HSBC Bank plc1: Full Year Results 2007
Cost : efficiency ratio = 60.3% ... Tier 1 Capital = 7.5% … RoE = 14.5%
UK Personal & Commercial Banking = 15% of HSBC Group PBT
• France PBT up 8% to £526m
• Private Banking PBT up 16% to £643m
• Germany PBT up 36% to £148m
• UK Global Banking & Markets PBT flat: £468m
• International PBT up 30% to £397m
• Grew total assets 41% to £622bn
• Sold French regional banks for EUR2.1bn
• Re-launched PFS in Poland
• 45 new branches in Turkey
• 13 commercial offices in 6 CEE/CIS countries
• Grew commercial banking in E. Europe
• Approval to launch in Georgia & Algeria
20072006
£3,796m
£4,081m
Net
Operating
Income
Operating
expenses
Up 8%
(£7,723m)
(£6,844m)
Profit
before tax2
Up 10% £12,800m
£11,618m
Up 13%
1 Results of HSBC Bank plc – does not include the UK results of HSBC Finance Corporation
2 Profit before tax includes share of profit or loss in associates and joint ventures
5. UK Commercial Banking1: 2007 financial highlights1
20072006
Now serving 1 million businesses
• Record £1 billion PBT: 8% of Group PBT
• Net interest income up 10% on deposit growth
• Credit solid – rise relates mainly to 4
customers
• Small business bad debts fell
(£971m)
£1,004m
£946m
(£233m)
(£927m)
Income
Impairments
Profit
before tax2
£2,207m
£2,061m
(£189m)
Operating
expenses
Up 7%
Up 6%
Up 23%
Up 5%
1 Results of the UK commercial banking business of HSBC Bank plc. The operations of HSBC Insurance Holdings Brokers Limited were transferred to HSBC Bank plc on 1 January 2007 – 2006 results
have been restated for comparative purposes.
2 Profit before tax includes share of profit or loss in associates and joint ventures.
• 89% of customers ‘satisfied’ or ‘very satisfied’
• Cost increase on investment:
– 14 new Multi-Cultural Banking Centres
– 18 new corporate & commercial centres
– Continued investment in Direct infrastructure
– 19% increase in business specialists
6. UK Commercial Banking: 2007 business highlights
Leading International
Commercial Bank
• Helped customers trade
internationally: 125%
uplift in Group
introductions
• Int. Corp banking team
created in UK and France
• UK’s only dedicated
Polish Commercial
Banking unit
UK’s Biggest Online
Business Bank
• 96% satisfaction with
Business Internet Bank
• Automated online current
account applications
• 34% rise in business
internet banking users
Best Bank for
Small Business
• 123,000 started a
business with HSBC:
up 25%
• 45,000 Business Direct
customers joined in ‘07
• 71% of Direct customers
new to HSBC
• 286% increase in small
business credit cards
7. UK Personal Financial Services1:
2007 financial highlights
20072006
(£749m)
Income
Impairments
Operating
expenses
(£2,272m)
(£2,018m)
(£734m)
£3,746m
£3,647m
Up 3%
Profit before
tax
£880m
£740m
Down 16%
Down 2%
Up 13%
Reported Basis
Adjusted Basis2
20072006
(£749m)
Income
Impairments
Operating
expenses
(£2,052m)
(£2,018m)
(£734m)
£3,746m
£3,647m
Up 3%
Profit before
tax
£880m
£960m
Up 9%
Down 2%
Up 2%
1 Results of the UK Personal Financial Services business of HSBC Bank plc. The operations of HSBC Insurance Brokers Holdings Limited were transferred to HSBC Bank plc on 1 January 2007 – 2006
results above have been restated for comparative purposes.
2 Adjusted figures exclude mainly ex gratia payments expensed in respect of overdraft fees applied in previous years and a provision for charges on historic will trusts and other related services.
3 Profit before tax includes share of profit or loss in associates and joint ventures.
8. UK Personal Financial Services:
2007 business highlights
Make Better Products
• Premier: customers up
20% ... Passport up 221%
• Savings deposits up 15%:
grew throughout the year
• First Direct re-launched:
again UK’s favourite bank
Sell Them Properly
• Fair Fees: 1st to put
overdraft warning
on ATMs
• 20% of customers offered
free Review
• Personal Loans only to
existing customers
• Now UK’s 2nd largest
online personal bank
Keep Them Sold
• 52 new and refurbished
branches in 2007
• 24/7 phone service &
2,000 new customer-
facing staff
• 90% of customers are
‘satisfied’ or ‘very
satisfied (NOP)
• First Direct rated UK’s
best bank for service
(NOP)
9. HSBC UK: An award-winning bank
HSBC
• Financial Times Annual Awards – Top Call Centre Representatives
in the UK
• Training Journal – Best Customer Service award
• What Mortgage Awards 2007 – Best Value National Bank
(6th year running)
• Defaqto – UK’s Best Value High Street Bank for mortgage lending
(3rd year running)
• Euromoney 2007 Awards for Excellence – Best Risk Management
House and Best Cash Management House
• Incisive Media’s Rehabilitation First Awards – winner, HSBC Life
for Rehabilitation Initiative of the Year – Insurer
• 2007 Private Investor Awards – winner, Best Overall Financial
Services Company and highly commended, Best
Stockbroker Service
• Personal Finance and Savings Magazine and Website – Best
Financial Product provider website and Best Online Bank
• Moneyfacts Awards 2007 – commended, Best Credit Card Provider
(balance transfer rate)
M&S Money
• Which? – Best Credit Card Provider (inaugural Which? awards)
• Lipper – Top Performing Bond Fund over 3 years (2nd year
running)
• Standard & Poor’s – First Place Fixed Income over 5 years (2nd
year running)
• Your Money – Best Life Insurance and Best Credit Card Provider
(second year running)
first direct
• Your Money – Best Online ISA Provider
• Precision Marketing – Direct Brand of the Decade
• What Mortgage Awards 2007 – Best Direct Lender, 5 years
• Moneywise – highly commended, Best Offset Mortgage
Commercial Banking
• Euromoney – Best Global Cash Management House 2007
• Global Finance – Best Internet Security Initiative 2007, Best
Integrated Corporate Bank Site 2007, Best Trade Bank 2007
• Credit Card – Best Security & Anti Fraud Development 2007, Best
Business Card Programme 2008
• Trade Finance – Best factor 2001-2007 – 5th consecutive award
• FX Week – Best Bank for Corporates 2006 and Best Bank London
2006
• ifs/Capgemini Financial Innovation – Best Business Direct
Channels Initiative 2007