HSBC 2004 Annual Report Download - page 126

HSBC HOLDINGS PLC
Financial Review (continued)
124
Year ended 31 December
2004 2003 2002
Assets (continued) Average balance
Interest
income Yield
Average
balance
Interest
income Yield
Average
balance
Interest
income Yield
US$m US$m % US$m US$m % US$m US$m %
Trading securities
Europe HSBC Bank ...................... 23,093 846 3.66 24,758 945 3.82 25,104 1,084 4.32
CCF .................................. 13,662 365 2.67 7,043 236 3.35 10,435 235 2.25
Hong Kong Hang Seng Bank ............... 336 11 3.27 536 15 2.80 569 18 3.16
The Hongkong and
Shanghai Banking
Corporation ................... 11,209 298 2.66 11,351 334 2.94 11,915 432 3.63
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation ................... 2,487 101 4.06 2,823 124 4.39 2,452 112 4.57
HSBC Bank Malaysia ...... 145 5 3.45 377112.92309 92.91
North America HSBC Bank USA ............. 5,447 115 2.11 4,236 102 2.41 4,294 140 3.26
HSBC Bank Canada ......... 1,177 25 2.12 774 17 2.20 755 18 2.38
HSBC Markets Inc ............ 11,543 421 3.65 8,837 303 3.43 16,768 752 4.48
HSBC Mexico1 .................. 2,957 173 5.85 4,303 261 6.07 346 27 7.80
South America Brazilian operations .......... 842 129 15.32 –––34––
HSBC Bank Argentina ...... 19 1 5.26 7114.29 2––
Other operations .......................................... 10,239 511 4.99 4,115 138 3.35 1,818 84 4.62
83,156 3,001 3.61 69,160 2,487 3.60 74,801 2,911 3.89
Investment securities
Europe HSBC Bank ...................... 28,572 1,145 4.01 16,449 659 4.01 13,071 623 4.77
HSBC Private Banking
Holdings (Suisse) .......... 10,828 303 2.80 14,298 397 2.78 14,454 503 3.48
CCF .................................. 6,957 239 3.44 3,365 210 6.24 2,052 141 6.87
HSBC Finance
Corporation1.................. 55 1 1.82 231 2 0.87 – – –
Hong Kong Hang Seng Bank ............... 20,356 479 2.35 16,458 460 2.79 10,629 375 3.53
The Hongkong and
Shanghai Banking
Corporation ................... 33,798 779 2.30 31,774 829 2.61 29,945 955 3.19
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation ................... 15,902 537 3.38 13,906 487 3.50 10,534 448 4.25
HSBC Bank Malaysia ....... 1,156 40 3.46 1,101 37 3.36 981 34 3.47
HSBC Bank Middle East .. 1,104 27 2.45 873 24 2.75 760 30 3.95
North America HSBC Bank USA ............. 18,213 884 4.85 18,753 894 4.77 17,795 927 5.21
HSBC Finance
Corporation1 .................. 4,153 87 2.09 3,370 59 1.75 – – –
HSBC Bank Canada ......... 2,814 65 2.31 2,681 75 2.80 2,440 78 3.20
HSBC Markets Inc ............ 18 1 5.56 17 1 5.88 17 1 5.88
HSBC Mexico1 .................. 3,822 395 10.33 2,041 254 12.44 175 14 8.00
South America Brazilian operations .......... 1,380 301 21.81 1,323 250 18.90 1,470 314 21.36
HSBC Bank Argentina ...... 164 12 7.32 120 13 10.83 185 34 18.38
Other operations .......................................... 9,748 196 2.01 8,056 345 4.28 7,117 323 4.54
159,040 5,491 3.45 134,816 4,996 3.71 111,625 4,800 4.30
1Yields annualised on the basis of the period of ownership in the year of acquisition.