v3.25.2
Net fee and commission income
6 Months Ended
Jun. 30, 2025
Net fee And Commission Income [Line Items]  
Net fee and commission income
Note 4
 
Net fee and commission income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net fee and commission income
For the quarter ended
Year-to-date
USD m
30.6.25
31.3.25
30.6.24
30.6.25
30.6.24
Underwriting fees
246
187
233
433
427
M&A and corporate finance fees
225
244
272
470
530
Brokerage fees
1,261
1,376
1,144
2,636
2,295
Investment fund fees
1,601
1,543
1,401
3,143
2,658
Portfolio management and related services
3,165
3,104
3,071
6,269
6,121
Other
864
972
1,090
1,836
2,259
Total fee and commission income
1
7,361
7,426
7,211
14,787
14,291
of which: recurring
4,762
4,610
4,484
9,372
8,891
of which: transaction-based
2,560
2,783
2,697
5,342
5,338
of which: performance-based
39
33
30
73
62
Fee and commission expense
653
649
679
1,302
1,268
Net fee and commission income
6,708
6,777
6,531
13,485
13,023
1 Reflects third-party fee and commission income for the second quarter
 
of 2025 of USD
4,328
m for Global Wealth Management (first quarter of 2025: USD
4,431
m; second quarter of 2024: USD
4,011
m), USD
789
m
for Personal & Corporate
 
Banking (first quarter of 2025:
 
USD
730
m; second quarter of 2024:
 
USD
876
m), USD
984
m for Asset Management (first
 
quarter of 2025: USD
939
m; second quarter of 2024:
 
USD
924
m),
USD
1,250
m for the Investment Bank (first
 
quarter of 2025: USD
1,243
m; second quarter of 2024: USD
1,322
m), USD
7
m for Non-core and Legacy (first
 
quarter of 2025: USD
68
m; second quarter of 2024: USD
125
m)
and USD
3
m for Group Items (first quarter of 2025: USD
14
m; second quarter of 2024: negative USD
47
m).