As of June 30, 2024, HSBC Holdings' risk-weighted assets were $835.1 billion, and Common Equity Tier 1 (CET1) was $125.3 billion. Under the transitional arrangements, the CET1 capital ratio was 15.0%, and the total capital ratio was 20.6%. According to the end-point criteria, the CET1 capital ratio was 15.0%, and the total capital ratio was 20.1%. As for the Liquidity Coverage Ratio (LCR), the total value of High Quality Liquid Assets (HQLA) was $646.1 billion, the net cash outflow was $472.3 billion, and the LCR was 137%. Key developments in the first half of 2024 include the approval of a $0.1 dividend per share in June, and the completion of the $3 billion share buyback program initiated in the first quarter. HSBC Bank of Canada's business was sold to Royal Bank of Canada on March...Show More

As of June 30, 2024, HSBC Holdings' risk-weighted assets were $835.1 billion, and Common Equity Tier 1 (CET1) was $125.3 billion. Under the transitional arrangements, the CET1 capital ratio was 15.0%, and the total capital ratio was 20.6%. According to the end-point criteria, the CET1 capital ratio was 15.0%, and the total capital ratio was 20.1%. As for the Liquidity Coverage Ratio (LCR), the total value of High Quality Liquid Assets (HQLA) was $646.1 billion, the net cash outflow was $472.3 billion, and the LCR was 137%. Key developments in the first half of 2024 include the approval of a $0.1 dividend per share in June, and the completion of the $3 billion share buyback program initiated in the first quarter. HSBC Bank of Canada's business was sold to Royal Bank of Canada on March 28, 2024, generating a profit of $4.8 billion and increasing the CET1 ratio by approximately 0.8 percentage points. Following the sale of the Canadian business, HSBC announced a special dividend of $0.21 per share in June. On April 9, 2024, HSBC signed a binding agreement to sell its business in Argentina to Grupo Financiero Galicia, with an expected minimal impact on the group's CET1 ratio upon completion. In terms of risk management, the Group continues to prioritize a comprehensive plan to enhance global processes, consistency, and regulatory reporting control. It uses stress testing frameworks to understand capital and liquidity requirements under internal and external impacts, such as global economic downturns or systemic failures. Recovery and resolution planning ensures financial and operational stability, with ongoing efforts to improve recovery and resolution capabilities in line with the Group's preferred resolution strategy and regulatory expectations. On the regulatory development front, the implementation of Basel III.1 may result in changes to the Group's future ratios. The implementation date proposed by the UK Prudential Regulation Authority is July 1, 2025. HSBC continues to assess the remaining impact of Basel III.1, which is expected to be determined by regulatory authorities. In terms of governance and oversight, the Group operates a robust governance framework to oversee capital and liquidity risks at the entity and group levels. The Group's capital allocation principles aim to balance investments in subsidiaries with the capital composition of HSBC Holdings. The holding company group maintains a significant capital buffer of cash and other high-quality liquid assets, exceeding the $20 billion target operating level as of June 30, 2024.