v3.26.1
Segmental analysis - Notable items (Details) - USD ($)
$ in Millions
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Dec. 31, 2025
Revenue        
Disposals, wind-downs, acquisitions and related costs $ (426)   $ (139)  
Operating expenses        
Disposals, wind-downs, acquisitions and related costs (129)   (227)  
Expense of restructuring activities (318)   (616)  
Impairment losses of interest in BoCom associate [1],[2] 0   (1,000)  
– foreign exchange losses reclassified to the income statement on disposal or dilution of a foreign operation 174 [3] $ (16) 224  
Gain/(loss) recognised on assets held for sale [4] (433)   (34)  
– other reserves reclassified to income statement on disposal or dilution of a foreign operation   $ 58 (56)  
UK Life Insurance Business        
Operating expenses        
– foreign exchange losses reclassified to the income statement on disposal or dilution of a foreign operation 200      
Gain/(loss) recognised on assets held for sale (200)      
HSBC Bank Malta p.l.c.        
Operating expenses        
Gain/(loss) recognised on assets held for sale (300)      
HSBC Argentina Holdings S.A.        
Operating expenses        
– other reserves reclassified to income statement on disposal or dilution of a foreign operation     (100)  
Bank of Communications Co., Limited        
Revenue        
Dilution loss of interest in BoCom associate 0   (1,136)  
Operating expenses        
Impairment losses of interest in BoCom associate 0   (1,000)  
Impairment loss recognised in profit or loss $ 0   $ 1,000 $ 1,000
[1] The amount in 1H25 ‘Other operating (expense)/income’ includes a loss of $1.1bn inclusive of reserves recycling as a result of the dilution of our shareholding in BoCom. In
the same period we also recognised a $1.0bn impairment loss following an impairment test on the carrying value of the Group’s investment in BoCom in ‘Impairment of
interest in associate’.
[2] Amount in 1H25 includes a $1.0bn impairment loss following an impairment test on the carrying value of the Group’s investment in BoCom.
[3] Amount in 1H26 includes the recycling of a $0.2bn foreign currency translation reserves loss following completion of the sale of our UK life insurance business,
HSBC Life (UK) Limited.
[4] Amounts in 1H26 include $0.2bn from the recycling of foreign currency translation reserve losses arising on completion of the sale of our UK life insurance
business, HSBC Life (UK) Limited, and $0.3bn of disposal losses recognised upon the ‘held for sale‘ classification of HSBC Continental Europe’s shareholding in
HSBC Bank Malta p.l.c.