HSBC 2009 Annual Report Download - page 56

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Financial summary > Balance sheet > Changes in net interest income / net interest expense
54
Interest income (continued)
Increase/(decrease) in
2009 compared with
2008
Increase/(decrease)
in 2008 compared with
2007
2009 Volume Rate 2008 Volume Rate 2007
US$m US$m US$m US$m US$m US$m US$m
Financial investments
Europe HSBC Bank ........................... 2,321 (182) (1,337) 3,840 2,006 (597) 2,431
HSBC Private Banking
Holdings (Suisse) .............. 363 165 (355) 553 81 (39) 511
HSBC France ........................ 141 (510) (144) 795 222 62 511
Hong Kong Hang Seng Bank .................... 630 25 (458) 1,063 (340) (147) 1,550
The Hongkong and Shanghai
Banking Corporation ........ 644 1,380 (1,299) 563 (263) (191) 1,017
Rest of Asia-
Pacific27
The Hongkong and Shanghai
Banking Corporation ........ 1,039 97 (565) 1,507 371 71 1,065
HSBC Bank Malaysia ........... 37 11 (10) 36 (21) 1 56
Middle East27 HSBC Bank Middle East ...... 118 34 (60) 144 96 (126) 174
North America HSBC Bank USA .................. 969 106 (369) 1,232 87 (44) 1,189
HSBC Finance ....................... 120 (24) 1 143 (65) (21) 229
HSBC Bank Canada .............. 205 91 (83) 197 41 (102) 258
Latin America HSBC Mexico ....................... 227 31 (48) 244 14 (89) 319
Brazilian operations34 ............ 820 22 (55) 853 140 41 672
HSBC Bank Panama ............. 39 (1) (7) 47 (7) (4) 58
HSBC Bank Argentina .......... 35 (17) 5 47 (33) 12 68
Other operations ................................................ 1,717 966 (603) 1,354 123 (176) 1,407
9,425 2,790 (5,983) 12,618 2,450 (1,347) 11,515
For footnotes, see page 149.
Interest expense
Deposits by banks
Europe HSBC Bank ........................... 553 (504) (818) 1,875 162 (435) 2,148
HSBC Private Banking
Holdings (Suisse) .............. 1 (80) (24) 105 121 (38) 22
HSBC France ........................ 536 258 (1,394) 1,672 310 4 1,358
Hong Kong Hang Seng Bank .................... 5 (21) (29) 55 (53) (15) 123
The Hongkong and Shanghai
Banking Corporation ........ 9 62 (123) 70 1 (81) 150
Rest of Asia-
Pacific27
The Hongkong and Shanghai
Banking Corporation ........ 165 (153) (132) 450 260 (255) 445
HSBC Bank Malaysia ............ 2(7)(1)10 (1) (1) 12
Middle East27 HSBC Bank Middle East ...... 9 (16) (4) 29 48 (51) 32
North America HSBC Bank USA .................. 9 (53) (158) 220 244 (438) 414
HSBC Bank Canada .............. 8 – (33) 41 (16) (36) 93
Latin America HSBC Mexico ....................... 49 25 (8) 32 (10) (21) 63
Brazilian operations34 ............ 241 34 17 190 85 (1) 106
HSBC Bank Panama ............. 26 (5) (12) 43 (7) (16) 66
HSBC Bank Argentina .......... 1(1)1 1 (7) (1) 9
Other operations ................................................ 45 (61) (60) 166 4 (129) 291
1,659 (653) (2,647) 4,959 1,183 (1,556) 5,332