v3.26.1
Net fee income
6 Months Ended
Jun. 30, 2026
Analysis of income and expense [abstract]  
Net fee income 2Net fee income
Half-year to
30 Jun 2026
30 Jun 2025
$m
$m
Net fee income by product
Funds under management
1,455
1,355
Cards
1,512
1,388
Credit facilities
729
694
Account services
742
734
Broking income
879
769
Unit trusts
965
659
Underwriting
491
385
Global custody
519
457
Remittances
450
418
Imports/exports
306
294
Insurance agency commission
258
237
Other
1,247
1,250
Fee income
9,553
8,640
Less: fee expense
(2,276)
(1,997)
Net fee income
7,277
6,643
Net fee income by business segment1
Hong Kong
1,598
1,420
UK
843
843
CIB
2,338
2,296
IWPB
2,463
2,085
Corporate Centre
35
(1)
1Effective 1 January 2026, we transferred certain clients, primarily in Hong Kong and the UK, to the CIB segment to better meet their needs. This transfer does
not change the Group’s reportable segments. Comparative periods have been re-presented accordingly. The re-presentation has no impact on the Group’s
consolidated financial results or financial position.