HSBC Holdings PLC HSBC UK investor and analyst seminar (8293B)
June 11 2019 - 7:00AM
UK Regulatory
TIDMHSBA
RNS Number : 8293B
HSBC Holdings PLC
11 June 2019
HSBC UK INVESTOR AND ANALYST SEMINAR
HSBC Holdings plc is today holding a seminar for investors and
analysts on its UK ring-fenced bank, HSBC UK Bank plc ('HSBC UK'),
at its headquarters in Birmingham. HSBC UK was formed on 1 July
2018 and serves 14.5 million, largely UK-based, customers.
The seminar will be formed of several presentations across the
afternoon which will discuss HSBC UK's overarching strategy and
provide insights into each of its individual businesses, risk,
finance and technology. As part of the presentations, HSBC UK will
discuss the following points:
-- A Pillar 2A CET1 requirement of 2.6% as of 1 January 2019.
-- Basel III revisions on capital requirements, qualitative
discussion. Discussion on mortgage risk weightings.
-- Consistent with the Group, a commitment to the discipline of
positive adjusted 'jaws' (income growth exceeding cost growth) over
the medium term.
The event will open at around 12.30 British Summer Time ('BST'),
hosted by Ian Stuart (CEO, HSBC UK), and will close at around 17.45
BST after presentations by HSBC UK's management, including the CEOs
of our Commercial Banking and Retail Banking & Wealth
Management divisions, our Chief Operating Officer, Chief Risk
Officer and Chief Financial Officer.
Copies of the presentations used during the day will be
available to view and download prior to the beginning of the event
at
https://www.hsbc.com/investors/investor-events-and-presentations
Investor enquiries to:
UK - Richard O'Connor Tel: +44 (0)20 7991
6590
Hong Kong - Hugh Pye Tel: +852 2822 4908
Media enquiries to:
UK - Neil Fleming Tel: +44 121 264 3413
Hong Kong - Patrick Humphris Tel: +852 2822 2052
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered
in London. HSBC serves customers worldwide from offices in 66
countries and territories in our geographical regions: Europe,
Asia, North America, Latin America, and Middle East and North
Africa. With assets of US$2,659bn at 31 March 2019, HSBC is one of
the world's largest banking and financial services
organisations.
Important notice
The information, statements and opinions set out in this
announcement, the presentation materials referred to herein and
subsequent discussion do not constitute a public offer for the
purposes of any applicable law or an offer to sell or solicitation
of any offer to purchase any securities or other financial
instruments or any advice or recommendation in respect of such
securities or other financial instruments.
This announcement and the presentations materials referred to
herein may contain projections, estimates, forecasts, targets,
opinions, prospects, results, returns and forward-looking
statements with respect to the financial condition, results of
operations, capital position, strategy and business of HSBC UK and
HSBC Holdings plc which can be identified by the use of
forward-looking terminology such as 'may', 'will', 'should',
'expect', 'anticipate', 'project', 'estimate', 'seek', 'intend',
'target' or 'believe' or the negatives thereof or other variations
thereon or comparable terminology (together, 'forward-looking
statements'). Any such forward-looking statements are not a
reliable indicator of future performance, as they may involve
significant stated or implied assumptions and subjective judgements
which may or may not prove to be correct. There can be no assurance
that any of the matters set out in forward-looking statements are
attainable, will actually occur or will be realised or are complete
or accurate. The assumptions and judgments may prove to be
incorrect and involve known and unknown risks, uncertainties,
contingencies and other important factors, many of which are
outside the control of HSBC UK. Actual achievements, results,
performance or other future events or conditions may differ
materially from those stated, implied and/or reflected in any
forward-looking statements due to a variety of risks, uncertainties
and other factors (including without limitation those which are
referable to general market conditions or regulatory changes). Any
such forward-looking statements are based on the beliefs,
expectations and opinions of HSBC UK and HSBC Holdings plc at the
date the statements are made, and HSBC UK and HSBC Holdings plc do
not assume, and hereby disclaim, any obligation or duty to update,
revise or supplement them if circumstances or management's beliefs,
expectations or opinions should change. For these reasons,
recipients should not place reliance on, and are cautioned about
relying on, any forward-looking statements. No representations or
warranties, expressed or implied, are given by or on behalf of the
HSBC UK or HSBC Holdings plc as to the achievement or
reasonableness of any projections, estimates, forecasts, targets,
prospects or returns contained herein or in the presentations
materials referred to herein.
ends/all
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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