HSBC (HSBC) 20-F 20 Feb 18 2017 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information Document	12 Months Ended
	Dec. 31, 2017shares
Document And Entity Information [Abstract]
Entity Registrant Name	HSBC HOLDINGS PLC
Entity Central Index Key	1,089,113
Document Period End Date	Dec. 31, 2017
Document Type	20-F
Entity Filer Category	Large Accelerated Filer
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Current Reporting Status	Yes
Entity Well Known Seasoned Filer	Yes
Amendment Flag	false
Shares outstanding (in shares)	20,321,372,907

Consolidated income statement

Consolidated income statement - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure Of Face Statements [Line Items]
Net interest income/(expense)	$ 28,176	$ 29,813	$ 32,531
– interest income	40,995	42,414	47,189
– interest expense	(12,819)	(12,601)	(14,658)
Net fee income	12,811	12,777	14,705
– fee income	15,853	15,669	18,016
– fee expense	(3,042)	(2,892)	(3,311)
Net trading income	7,719	9,452	8,723
– trading income excluding net interest income	6,098	8,066	6,948
– net interest income on trading activities	1,621	1,386	1,775
Net income/(expense) from financial instruments designated at fair value	3,698	(2,666)	1,532
– changes in fair value of long-term debt and related derivatives	672	(3,975)	863
– net income from other financial instruments designated at fair value	3,026	1,309	669
Gains less losses from financial investments	1,150	1,385	2,068
Dividend income	106	95	123
Net insurance premium income	9,779	9,951	10,355
Other operating income/(expense)	337	(971)	1,055
Total operating income	63,776	59,836	71,092
Net insurance claims and benefits paid and movement in liabilities to policyholders	(12,331)	(11,870)	(11,292)
Net operating income before loan impairment charges and other credit risk provisions	51,445	47,966	59,800
Loan impairment charges and other credit risk provisions	(1,769)	(3,400)	(3,721)
Net operating income	49,676	44,566	56,079
Employee compensation and benefits	(17,315)	(18,089)	(19,900)
General and administrative expenses	(15,707)	(16,473)	(17,662)
Depreciation and impairment of property, plant and equipment	(1,166)	(1,229)	(1,269)
Amortisation and impairment of intangible assets	(696)	(777)	(937)
Goodwill impairment of Global Private Banking – Europe	0	(3,240)	0
Total operating expenses	(34,884)	(39,808)	(39,768)
Operating profit	14,792	4,758	16,311
Share of results	2,375	2,354	2,556
Profit before tax	17,167	7,112	18,867
Tax (expense) credit	(5,288)	(3,666)	(3,771)
Profit for the year	11,879	3,446	15,096
Attributable to:
– ordinary shareholders of the parent company	9,683	1,299	12,572
– preference shareholders of the parent company	90	90	90
– other equity holders	1,025	1,090	860
– non-controlling interests	1,081	967	1,574
Profit for the year	$ 11,879	$ 3,446	$ 15,096
Basic earnings per ordinary share (in dollars per share)	$ 0.48	$ 0.07	$ 0.65
Diluted earnings per ordinary share (in dollars per share)	$ 0.48	$ 0.07	$ 0.64
HSBC Holdings
Disclosure Of Face Statements [Line Items]
Net interest income/(expense)	$ (383)	$ (424)	$ (438)
– interest income	2,185	1,380	866
– interest expense	(2,568)	(1,804)	(1,304)
Net fee income	2	(1)	39
Net trading income	(392)	119	(349)
Net income/(expense) from financial instruments designated at fair value	314	(49)	276
– changes in fair value of long-term debt and related derivatives	103	(49)	276
– net income from other financial instruments designated at fair value	211	0	0
Gains less losses from financial investments	154	0	0
Dividend income	10,039	10,436	8,469
Other operating income/(expense)	769	696	654
Net operating income before loan impairment charges and other credit risk provisions	10,503	10,777	8,651
Employee compensation and benefits	(54)	(570)	(908)
General and administrative expenses	(4,911)	(4,014)	(3,434)
Impairment of subsidiaries	(63)	0	(26)
Total operating expenses	(5,028)	(4,584)	(4,368)
Profit before tax	5,475	6,193	4,283
Tax (expense) credit	64	402	570
Profit for the year	5,539	6,595	4,853
Attributable to:
Profit for the year	$ 5,539	$ 6,595	$ 4,853

Consolidated statement of compr

Consolidated statement of comprehensive income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017		Dec. 31, 2016	Dec. 31, 2015
Disclosure Of Face Statements [Line Items]
– profit for the year	$ 11,879		$ 3,446	$ 15,096
Items that will be reclassified subsequently to profit or loss when specific conditions are met:
Available-for-sale investments	146		(299)	(3,072)
– fair value gains/(losses)	1,227		475	(1,231)
– fair value gains reclassified to the income statement	(1,033)		(895)	(2,437)
– amounts reclassified to the income statement in respect of impairment losses	93		71	127
– income taxes	(141)		50	469
Cash flow hedges	(192)		(68)	(24)
– fair value (losses)/gains	(1,046)		(297)	704
– fair value losses/(gains) reclassified to the income statement	833		195	(705)
– income taxes	21		34	(23)
Share of other comprehensive income/(expense) of associates and joint ventures	(43)		54	(9)
– share for the year	(43)		54	(9)
Exchange differences	9,077		(8,092)	(10,945)
– foreign exchange gains reclassified to income statement on disposal of a foreign operation	0		1,894	0
– other exchange differences	8,939		(9,791)	(11,112)
– income tax attributable to exchange differences	138		(195)	167
Items that will not be reclassified subsequently to profit or loss:
Remeasurement of defined benefit asset/liability	2,419	[1]	7	101
– before income taxes	3,440		(84)	130
– income taxes	(1,021)		91	(29)
Changes in fair value of financial liabilities designated at fair value due to movement in own credit risk	(2,024)		0	0
– before income taxes	(2,409)		0	0
– income taxes	385		0	0
Other comprehensive income/(expense) for the year, net of tax	9,383		(8,398)	(13,949)
Total comprehensive income	21,262		(4,952)	1,147
Attributable to:
– ordinary shareholders of the parent company	18,914		(6,968)	(490)
– preference shareholders of the parent company	90		90	90
– other equity holders	1,025		1,090	860
– non-controlling interests	1,233		836	687
Total comprehensive income	21,262		(4,952)	1,147
HSBC Holdings
Disclosure Of Face Statements [Line Items]
– profit for the year	5,539		6,595	4,853
Items that will be reclassified subsequently to profit or loss when specific conditions are met:
Available-for-sale investments	(53)		(72)	(57)
– fair value gains/(losses)	(70)		(83)	(77)
– income taxes	17		11	20
Items that will not be reclassified subsequently to profit or loss:
Changes in fair value of financial liabilities designated at fair value due to movement in own credit risk	(828)		(896)	0
– before income taxes	(1,007)		(1,030)	0
– income taxes	179		134	0
Other comprehensive income/(expense) for the year, net of tax	(881)		(968)	(57)
Total comprehensive income	4,658		5,627	4,796
Attributable to:
Total comprehensive income	$ 4,658		$ 5,627	$ 4,796
[1]	An actuarial gain of $1,730m has arisen as a result of the remeasurement of the defined benefit pension obligation of the HSBC Bank (UK) Pension Scheme. Refer to Note 5 for further detail.

Consolidated balance sheet

Consolidated balance sheet - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and balances at central banks	[1]	$ 180,624	$ 128,009
Items in the course of collection from other banks	[1]	6,628	5,003
Hong Kong Government certificates of indebtedness		34,186	31,228
Trading assets		287,995	235,125
Financial assets designated at fair value		29,464	24,756
Derivatives		219,818	290,872
Loans and advances to banks		90,393	88,126
Loans and advances to customers		962,964	861,504
Reverse repurchase agreements – non-trading		201,553	160,974
Financial investments		389,076	436,797
Prepayments, accrued income and other assets		67,191	63,909
Current tax assets		1,006	1,145
Interests in associates and joint ventures		22,744	20,029
Goodwill and intangible assets		23,453	21,346
Deferred tax assets		4,676	6,163
Total assets		2,521,771	2,374,986
Liabilities
Hong Kong currency notes in circulation		34,186	31,228
Deposits from banks		69,922	59,939
Customer accounts		1,364,462	1,272,386
Repurchase agreements – non-trading		130,002	88,958
Items in the course of transmission to other banks	[1]	6,850	5,977
Trading liabilities		184,361	153,691
Financial liabilities designated at fair value		94,429	86,832
Derivatives		216,821	279,819
Debt securities in issue		64,546	65,915
Accruals, deferred income and other liabilities		45,907	44,291
Current tax liabilities		928	719
Liabilities under insurance contracts		85,667	75,273
Provisions		4,011	4,773
Deferred tax liabilities		1,982	1,623
Subordinated liabilities		19,826	20,984
Total liabilities		2,323,900	2,192,408
Equity
Called up share capital		10,160	10,096
Share premium account		10,177	12,619
Other equity instruments		22,250	17,110
Other reserves		7,664	(1,234)
Retained earnings		139,999	136,795
Total shareholders’ equity		190,250	175,386
Non-controlling interests		7,621	7,192
Total equity at 31 Dec		197,871	182,578
Total liabilities and equity		2,521,771	2,374,986
HSBC Holdings
Assets
Cash and balances with HSBC undertakings		1,985	247
Loans and advances to HSBC undertakings designated at fair value		11,944	0
Derivatives		2,388	2,148
Loans and advances to banks		76,627	77,421
Financial investments		4,264	3,590
Prepayments, accrued income and other assets		369	503
Current tax assets		379	631
Investments in subsidiaries		92,930	95,850
Intangible assets		293	176
Deferred tax assets		555	232
Total assets		191,734	180,798
Liabilities
Amounts owed to HSBC undertakings		2,571	2,157
Financial liabilities designated at fair value		30,890	30,113
Derivatives		3,082	5,025
Debt securities in issue		34,258	21,805
Accruals, deferred income and other liabilities		1,269	1,651
Subordinated liabilities		15,877	15,189
Total liabilities		87,947	75,940
Equity
Called up share capital		10,160	10,096
Share premium account		10,177	12,619
Other equity instruments		22,107	17,004
Other reserves		37,440	37,483
Retained earnings		23,903	27,656
Total equity at 31 Dec		103,787	104,858
Total liabilities and equity		$ 191,734	$ 180,798
[1]	At 31 December 2017 $39,830m (2016: $35,501m) was not available for use by HSBC, of which $21,424m (2016: $21,108m) related to mandatory deposits at central banks.

Consolidated statement of cash

Consolidated statement of cash flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017		Dec. 31, 2016		Dec. 31, 2015
Cash flows from (used in) operating activities [abstract]
Profit before tax		$ 17,167		$ 7,112		$ 18,867
Adjustments for non-cash items:
Depreciation, amortisation and impairment		1,862		5,212		2,181
Net gain from investing activities		(1,152)		(1,215)		(1,935)
Share of results		(2,375)		(2,354)		(2,556)
(Gain)/Loss on disposal of subsidiaries, businesses, associates and joint ventures		(79)		1,743		0
Loan impairment losses gross of recoveries and other credit risk provisions		2,603		4,090		4,546
Provisions including pensions		917		2,482		3,472
Share-based payment expense		500		534		757
Other non-cash items included in profit before tax		(381)		(207)		(191)
Elimination of exchange differences	[1]	(21,289)		15,364		18,308
Change in net trading securities and derivatives		(10,901)		4,395		24,384
Change in loans and advances to banks and customers		(108,984)		52,868		32,971
Change in reverse repurchase agreements – non-trading		(37,281)		(13,138)		(3,011)
Change in financial assets designated at fair value		(5,303)		(1,235)		2,394
Change in other assets		(6,570)		(6,591)		9,090
Change in deposits by banks and customer accounts		102,211		(8,918)		(65,907)
Change in repurchase agreements – non-trading		41,044		8,558		(26,481)
Change in debt securities in issue		(1,369)		(23,034)		960
Change in financial liabilities designated at fair value		8,508		17,802		(10,785)
Change in other liabilities		13,514		8,792		(4,549)
Dividends received from associates		740		689		879
Contributions paid to defined benefit plans		(685)		(726)		(664)
Tax paid (received)		(3,175)		(3,264)		(3,852)
Net cash from operating activities		(10,478)		68,959		(1,122)
Cash flows from (used in) investing activities [abstract]
Purchase of financial investments		(357,264)		(457,084)		(438,376)
Proceeds from the sale and maturity of financial investments		418,352		430,085		399,636
Net cash flows from the purchase and sale of property, plant and equipment		(1,167)		(1,151)		(1,249)
Net cash flows from disposal of customer and loan portfolios		6,756		9,194		2,023
Net investment in intangible assets		(1,285)		(906)		(954)
Net cash flow on disposal of subsidiaries, businesses, associates and joint ventures	[2]	165		4,802		8
Net cash from investing activities		65,557		(15,060)		(38,912)
Cash flows from (used in) financing activities [abstract]
Issue of ordinary share capital and other equity instruments		5,196		2,024		3,727
Cancellation of shares		(3,000)		0		0
Net sales/(purchases) of own shares for market-making and investment purposes		(67)		523		331
Purchase of treasury shares		0		(2,510)		0
Redemption of preference shares and other equity instruments		0		(1,825)		(463)
Subordinated loan capital issued		0		2,622		3,180
Subordinated loan capital repaid	[3]	(3,574)		(595)		(2,157)
Dividends paid to shareholders of the parent company and non-controlling interests		(9,005)		(9,157)		(8,195)
Net cash from financing activities		(10,450)		(8,918)		(3,577)
Net increase/(decrease) in cash and cash equivalents		44,629		44,981		(43,611)
Cash and cash equivalents at 1 Jan		274,550	[4]	243,863	[4]	301,301
Exchange differences in respect of cash and cash equivalents		18,233		(14,294)		(13,827)
Cash and cash equivalents at 31 Dec	[4]	337,412		274,550		243,863
Cash and cash equivalents comprise:
Cash and cash equivalents at 31 Dec		274,550	[4]	243,863	[4]	301,301
HSBC Holdings
Cash flows from (used in) operating activities [abstract]
Profit before tax		5,475		6,193		4,283
Adjustments for non-cash items:
Adjustments For Non-Cash Items		(17)		48		114
Depreciation, amortisation and impairment		33		10		30
Share-based payment expense		(2)		34		86
Other non-cash items included in profit before tax		(48)		4		(2)
Change in loans to HSBC undertakings		(1,122)		(36,437)		1,247
Change in loans and advances to HSBC undertakings designated at fair value		(11,944)		0		0
Change in financial investments in HSBC undertakings		(1,775)		612		(289)
Change in net trading securities and derivatives		(2,183)		3,066		1,413
Change in other assets		134		(239)		(141)
Change in debt securities in issue	[5]	1,020		(1,633)		(49)
Change in financial liabilities designated at fair value		954		(1,229)		(1,228)
Change in other liabilities		721		(693)		(1,065)
Tax paid (received)		443		646		470
Net cash from operating activities		(8,294)		(29,666)		4,755
Cash flows from (used in) investing activities [abstract]
Purchase of financial investments		0		0		(276)
Proceeds from the sale and maturity of financial investments		1,165		610		0
Net cash outflow from acquisition of or increase in stake of subsidiaries		(89)		(2,073)		(2,118)
Repayment of capital from subsidiaries		4,070		3,920		790
Net investment in intangible assets		(150)		(109)		(79)
Net cash from investing activities		4,996		2,348		(1,683)
Cash flows from (used in) financing activities [abstract]
Issue of ordinary share capital and other equity instruments		5,647		2,381		4,216
Cancellation of shares		(3,000)		0		0
Purchase of treasury shares		0		(2,510)		0
Subordinated loan capital issued		0		2,636		3,180
Subordinated loan capital repaid		(1,184)		(1,781)		(1,565)
Debt securities issued		11,433		32,080		0
Debt securities repaid		0		0		0
Dividends paid on ordinary shares		(6,987)		(7,059)		(6,548)
Dividends paid to holders of other equity instruments		(1,359)		(1,180)		(950)
Net cash from financing activities		4,550		24,567		(1,667)
Net increase/(decrease) in cash and cash equivalents		1,252		(2,751)		1,405
Cash and cash equivalents at 1 Jan		3,697	[6]	6,448	[6]	5,043
Cash and cash equivalents at 31 Dec	[6]	4,949		3,697		6,448
Cash and cash equivalents comprise:
Cash and cash equivalents at 31 Dec		$ 3,697	[6]	$ 6,448	[6]	$ 5,043
[1]	Adjustment to bring changes between opening and closing balance sheet amounts to average rates. This is not done on a line-by-line basis, as details cannot be determined without unreasonable expense.
[2]	In July 2016, we completed the disposal of the Brazilian operations resulting in net cash inflow of $4.8bn
[3]	Subordinated liabilities changes during the year are attributable to repayments of $(3.6)bn (2016: $(0.6)bn) of securities. Non-cash changes during the year included foreign exchange loss/gain ($0.6bn) (2016: $2.1bn) and fair value losses of ($1.2bn) (2016: ($0.3bn)).
[4]	At 31 December 2017 $39,830m (2016: $35,501m) was not available for use by HSBC, of which $21,424m (2016: $21,108m) related to mandatory deposits at central banks.
[5]	Subordinated liabilities changes during the year $0.7bn (2016: $0.7bn) are wholly attributable to non-cash changes. During the year fair value losses amounted to $0.7bn (2016: gain$0.7bn).
[6]	In 2017 cash and cash equivalents include loans and advances to HSBC undertakings of one month or less duration. The comparative figures have also been amended.

Consolidated statement of cash6

Consolidated statement of cash flows (Parenthetical) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure Of Face Statements [Line Items]
Interest received		$ 41,676	$ 42,586	$ 47,623
Interest paid		10,962	12,027	14,559
Dividends received		2,225	475	914
Net cash inflow on disposal	[1]	165	4,802	8
Restricted cash and cash equivalents		39,830	35,501
Mandatory reserve deposits at central banks		21,424	21,108
Repayment of securities		(3,600)	(600)
Foreign exchange gain (loss)		(600)	2,100
Fair value gain (loss)		(1,200)	(300)
HSBC Holdings
Disclosure Of Face Statements [Line Items]
Interest received		2,103	1,329	792
Interest paid		2,443	1,791	1,289
Dividends received		10,039	10,412	$ 8,469
Non-cash changes		700	700
Foreign exchange gain (loss)		$ (700)	$ 700
[1]	In July 2016, we completed the disposal of the Brazilian operations resulting in net cash inflow of $4.8bn

Consolidated statement of chang

Consolidated statement of changes in equity - USD ($) $ in Millions		Total	Issued Capital And Share Premium	[1]	Other equity instruments	[2]	Retained earnings		Available- for-sale fair value reserve	[6]	Cash flow hedging reserve	[6]	Foreign exchange reserve	[6]	Merger reserve	[6],[7]	Total shareholders’ equity	Noncontrolling interests	HSBC Holdings	HSBC HoldingsCalled up share capital	HSBC HoldingsShare premium	HSBC HoldingsOther equity instruments	HSBC HoldingsRetained earnings		HSBC HoldingsAvailable- for-sale fair value reserve	HSBC HoldingsOther paid-in capital	[9]	HSBC HoldingsMerger reserve
Equity beginning of period at Dec. 31, 2014		$ 199,978	$ 21,527		$ 11,532		$ 137,144	[3],[4],[5]	$ 2,143		$ 58		$ (9,265)		$ 27,308		$ 190,447	$ 9,531	$ 105,445	$ 9,609	$ 11,918	$ 11,476	$ 34,986	[8]	$ 240	$ 2,089		$ 35,127
– profit for the year		15,096					13,522	[3],[4],[5]									13,522	1,574	4,853				4,853	[8]
Other comprehensive income		(13,949)					73	[3],[4],[5]	(2,332)		(24)		(10,779)				(13,062)	(887)	(57)						(57)
– available-for-sale investments		(3,072)							(2,332)								(2,332)	(740)	(57)						(57)
– cash flow hedges		(24)									(24)						(24)	0
– changes in fair value of financial liabilities designated at fair value due to movement in own credit risk		0																	0
– remeasurement of defined benefit asset/liability		101					82	[3],[4],[5]									82	19
– share of other comprehensive income of associates and joint ventures		(9)					(9)	[3],[4],[5]									(9)	0
– foreign exchange reclassified to income statement on disposal of a foreign operation		0
– exchange differences		(10,945)											(10,779)				(10,779)	(166)
Total comprehensive income		1,147					13,595	[3],[4],[5]	(2,332)		(24)		(10,779)				460	687	4,796				4,853	[8]	(57)
Shares issued under employee remuneration and share plans		147	736				(589)	[3],[4],[5]									147		677	45	691		(59)	[8]
Shares issued in lieu of dividends and amounts arising thereon		3,162					3,162	[3],[4],[5]									3,162		3,162	188	(188)		3,162	[8]
Capital securities issued		3,580			3,580												3,580		3,544			3,544
Dividends to shareholders		(11,357)					(10,660)	[3],[4],[5]									(10,660)	(697)	(10,660)				(10,660)	[8]
Cost of share-based payment arrangements		757					757	[3],[4],[5]									757		86				86	[8]
Other movements		104					567	[3],[4],[5]									567	(463)	364				(144)	[8]		508
Equity end of period at Dec. 31, 2015		197,518	22,263		15,112		143,976	[3],[4],[5]	(189)		34		(20,044)		27,308		188,460	9,058	107,414	9,842	12,421	15,020	32,224	[8]	183	2,597		35,127
– profit for the year		3,446					2,479	[3],[4],[5]									2,479	967	6,595				6,595	[8]
Other comprehensive income		(8,398)					59	[3],[4],[5]	(271)		(61)		(7,994)				(8,267)	(131)	(968)				(896)		(72)
– available-for-sale investments		(299)							(271)								(271)	(28)	(72)						(72)
– cash flow hedges		(68)									(61)						(61)	(7)
– changes in fair value of financial liabilities designated at fair value due to movement in own credit risk		0																	(896)				(896)	[8]
– remeasurement of defined benefit asset/liability		7					5	[3],[4],[5]									5	2
– share of other comprehensive income of associates and joint ventures		54					54	[3],[4],[5]									54
– foreign exchange reclassified to income statement on disposal of a foreign operation		1,894											1,894				1,894
– exchange differences		(9,986)											(9,888)				(9,888)	(98)
Total comprehensive income		(4,952)					2,538	[3],[4],[5]	(271)		(61)		(7,994)				(5,788)	836	5,627				5,699	[8]	(72)
Shares issued under employee remuneration and share plans		27	452				(425)	[3],[4],[5]									27		401	35	417		(51)	[8]
Shares issued in lieu of dividends and amounts arising thereon		3,040					3,040	[3],[4],[5]									3,040		3,040	219	(219)		3,040	[8]
Net increase in treasury shares		(2,510)					(2,510)	[3],[4],[5]									(2,510)		(2,510)				(2,510)	[8]
Capital securities issued		1,998			1,998												1,998		1,984			1,984
Dividends to shareholders		(12,198)					(11,279)	[3],[4],[5]									(11,279)	(919)	(11,279)				(11,279)	[8]
Cost of share-based payment arrangements		534					534	[3],[4],[5]									534		34				34	[8]
Other movements		(879)					921	[3],[4],[5]	(17)								904	(1,783)	147				499	[8]	1	(353)
Equity end of period at Dec. 31, 2016		182,578	22,715		17,110		136,795	[3],[4],[5]	(477)		(27)		(28,038)		27,308		175,386	7,192	104,858	10,096	12,619	17,004	27,656	[8]	112	2,244		35,127
– profit for the year		11,879					10,798	[3],[4],[5]									10,798	1,081	5,539				5,539	[8]
Other comprehensive income		9,383					328	[3],[4],[5]	131		(194)		8,966				9,231	152	(881)				(828)	[8]	(53)
– available-for-sale investments		146							131								131	15	(53)						(53)
– cash flow hedges		(192)									(194)						(194)	2
– changes in fair value of financial liabilities designated at fair value due to movement in own credit risk		(2,024)					(2,024)										(2,024)		(828)				(828)	[8]
– remeasurement of defined benefit asset/liability	[10]	2,419					2,395	[3],[4],[5]									2,395	24
– share of other comprehensive income of associates and joint ventures		(43)					(43)	[3],[4],[5]									(43)
– foreign exchange reclassified to income statement on disposal of a foreign operation		0
– exchange differences		9,077											8,966				8,966	111
Total comprehensive income		21,262					11,126	[3],[4],[5]	131		(194)		8,966				20,029	1,233	4,658				4,711	[8]	(53)
Shares issued under employee remuneration and share plans		56	622				(566)	[3],[4],[5]									56		570	38	584		(52)	[8]
Shares issued in lieu of dividends and amounts arising thereon		3,206					3,206	[3],[4],[5]									3,206		3,205	190	(190)		3,205	[8]
Capital securities issued		5,140			5,140												5,140		5,103			5,103
Dividends to shareholders		(12,211)					(11,551)	[3],[4],[5]									(11,551)	(660)	(11,551)				(11,551)	[8]
Cost of share-based payment arrangements		500					500	[3],[4],[5]									500		(2)				(2)	[8]
Cancellation of shares		(3,000)	(3,000)														(3,000)		(3,000)	(164)	(2,836)
Other movements		340					489	[3],[4],[5]	(4)		(1)						484	(144)	(54)				(64)	[8]	0	10
Equity end of period at Dec. 31, 2017		$ 197,871	$ 20,337		$ 22,250		$ 139,999	[3],[4],[5]	$ (350)		$ (222)		$ (19,072)		$ 27,308		$ 190,250	$ 7,621	$ 103,787	$ 10,160	$ 10,177	$ 22,107	$ 23,903	[8]	$ 59	$ 2,254		$ 35,127
[1]	For further details refer to Note 31. In February 2017, HSBC announced a share buy-back of up to $1.0bn. Subsequently, HSBC completed a $1.0bn share buy-back in April 2017. In July 2017, HSBC announced a further share buy-back of up to $2.0bn. Subsequently, HSBC completed a $2.0bn share buy-back in November 2017.
[2]	During 2017, HSBC Holdings issued $3,000m, SGD1,000m and €1,250m of perpetual subordinated contingent convertible capital securities, on which there were $14m of external issuance costs, $37m of intra-group issuance costs and $10m of tax benefits. In 2016, HSBC Holdings issued $2,000m of perpetual subordinated contingent convertible capital securities, after issuance costs of $6m and tax benefits of $4m. In 2015, HSBC Holdings issued $2,450m and €1,000m of perpetual subordinated contingent convertible capital securities, on which there were $12m of external issuance costs, $25m of intra-group issuance costs and $19m of tax. Under IFRSs these issuance costs and tax benefits are classified as equity.
[3]	At 1 January 2017, the cumulative changes in fair value attributable to changes in own credit risk of financial liabilities designated at fair value was a loss of $1,672m.
[4]	At 31 December 2017, retained earnings included 360,590,019 treasury shares (2016: 353,356,251; 2015: 81,580,180). In addition, treasury shares are also held within HSBC’s Insurance business retirement funds for the benefit of policyholders or beneficiaries within employee trusts for the settlement of shares expected to be delivered under employee share schemes or bonus plans, and the market-making activities in Markets.
[5]	Cumulative goodwill amounting to $5,138m has been charged against reserves in respect of acquisitions of subsidiaries prior to 1 January 1998, including $3,469m charged against the merger reserve arising on the acquisition of HSBC Bank plc. The balance of $1,669m has been charged against retained earnings.
[6]	At 31 December 2015, our operations in Brazil were classified as held for sale. The cumulative amount of other reserves attributable to these operations were as follows: available-for-sale fair value reserve debit of $176m, cash flow hedging reserve credit of $34m and foreign exchange reserve debit of $2.6bn.
[7]	Statutory share premium relief under Section 131 of the Companies Act 1985 (the ‘Act’) was taken in respect of the acquisition of HSBC Bank plc in 1992, HSBC France in 2000 and HSBC Finance Corporation in 2003, and the shares issued were recorded at their nominal value only. In HSBC’s consolidated financial statements the fair value differences of $8,290m in respect of HSBC France and $12,768m in respect of HSBC Finance Corporation were recognised in the merger reserve. The merger reserve created on the acquisition of HSBC Finance Corporation subsequently became attached to HSBC Overseas Holdings (UK) Limited (‘HOHU’), following a number of intra-group reorganisations. During 2009, pursuant to Section 131 of the Companies Act 1985, statutory share premium relief was taken in respect of the rights issue and $15,796m was recognised in the merger reserve. The merger reserve includes a deduction of $614m in respect of costs relating to the rights issue, of which $149m was subsequently transferred to the income statement. Of this $149m, $121m was a loss arising from accounting for the agreement with the underwriters as a contingent forward contract. The merger reserve excludes the loss of $344m on a forward foreign exchange contract associated with hedging the proceeds of the rights issue.
[8]	At 31 December 2017, retained earnings included 326,843,840 ($2,542m) of treasury shares (2016: 325,499,152 ($2,499m); 2015: 67,881 ($1m)). The increase principally reflects the share buy-back initiative, with the purchase of 328.2m ordinary shares ($3,000m) all of which were cancelled during the year and used to reduce outstanding ordinary shares. In addition, treasury shares are held to fund employee share plans.
[9]	Other paid-in capital arises from the exercise and lapse of share options granted to employees of HSBC Holdings subsidiaries.
[10]	An actuarial gain of $1,730m has arisen as a result of the remeasurement of the defined benefit pension obligation of the HSBC Bank (UK) Pension Scheme. Refer to Note 5 for further detail.

Consolidated statement of chan8

Consolidated statement of changes in equity (Parenthetical)		1 Months Ended		12 Months Ended
		Nov. 30, 2017USD ($)	Apr. 30, 2017USD ($)	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Jul. 31, 2017USD ($)	Feb. 28, 2017USD ($)	Dec. 31, 2009USD ($)	Dec. 31, 2003USD ($)	Dec. 31, 2000USD ($)
Dividends paid on ordinary shares per share (in usd per share) | $ / shares				$ 0.51	$ 0.51	$ 0.50
Reduction of issued capital		$ 2,000,000,000	$ 1,000,000,000
Total equity				$ 197,871,000,000	$ 182,578,000,000	$ 197,518,000,000
Cumulative goodwill				5,138,000,000
Gain (loss) on acquisition related costs				149,000,000
Gain (loss) on contingent forward contract				(121,000,000)
Gains (losses) on hedging instrument				$ 621,000,000	$ (439,000,000)	$ 40,000,000
HSBC Holdings
Dividends paid on ordinary shares per share (in usd per share) | $ / shares				$ 0.51	$ 0.51	$ 0.50
Reduction of issued capital				$ 3,000,000,000
Total equity				$ 103,787,000,000	$ 104,858,000,000	$ 107,414,000,000
Number of shares repurchased | shares				328,200,000
Gains (losses) on hedging instrument				$ (57,000,000)	(909,000,000)	(4,000,000)
Currency Risk, Rights Issue
Gains (losses) on hedging instrument				(344,000,000)
Contingent Convertible Securities | HSBC Holdings
Payments for debt issue costs				14,000,000	6,000,000	12,000,000
Intercompany debt issue costs				37,000,000		25,000,000
Tax effect of issuance of contingent convertible securities				$ 10,000,000	$ 4,000,000	$ 19,000,000
Treasury shares
Number of shares outstanding | shares				360,590,019	353,356,251	81,580,180
Treasury shares | HSBC Holdings
Number of shares outstanding | shares				326,843,840	325,499,152	67,881
Total equity				$ 2,542,000,000	$ 2,499,000,000	$ 1,000,000
Merger reserve
Total equity	[1],[2]			27,308,000,000	27,308,000,000	27,308,000,000
Cumulative goodwill				3,469,000,000
Cumulative acquisition value									$ 15,796,000,000
Cumulative acquisition costs				614,000,000
Merger reserve | HSBC Holdings
Total equity				35,127,000,000	35,127,000,000	35,127,000,000
Merger reserve | HSBC France
Cumulative acquisition value											$ 8,290,000,000
Merger reserve | HSBC Finance Corporation
Cumulative acquisition value										$ 12,768,000,000
Retained earnings
Total equity	[3],[4],[5]			139,999,000,000	136,795,000,000	143,976,000,000
Cumulative goodwill				1,669,000,000
Accumulated increase (decrease) in fair value of financial liability, attributable to changes in credit risk of liability					1,672,000,000
Retained earnings | HSBC Holdings
Total equity	[6]			23,903,000,000	27,656,000,000	32,224,000,000
Available- for-sale fair value reserve
Total equity	[1]			(350,000,000)	(477,000,000)	(189,000,000)
Cumulative assets held for sale				176,000,000
Available- for-sale fair value reserve | HSBC Holdings
Total equity				59,000,000	112,000,000	183,000,000
Cash flow hedging reserve
Total equity	[1]			(222,000,000)	(27,000,000)	34,000,000
Cumulative assets held for sale				34,000,000
Foreign exchange reserve
Total equity	[1]			(19,072,000,000)	(28,038,000,000)	(20,044,000,000)
Cumulative assets held for sale				2,600,000,000
$3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Notional amount				3,000,000,000
$3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities | Contingent Convertible Securities
Notional amount				3,000,000,000
$3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities | Contingent Convertible Securities | HSBC Holdings
Notional amount				3,000,000,000
$2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities
Notional amount				2,000,000,000
$2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities | Contingent Convertible Securities
Notional amount				2,000,000,000
$2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities | Contingent Convertible Securities | HSBC Holdings
Notional amount					2,000,000,000
$2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities
Notional amount				2,450,000,000
$2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities | Contingent Convertible Securities
Notional amount				2,450,000,000
$2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities | Contingent Convertible Securities | HSBC Holdings
Notional amount						$ 2,450,000,000
February 2017 Share Buy-Back Program
Authorized amount for share buy-back program								$ 1,000,000,000
July 2017 Share Buy-Back Program
Authorized amount for share buy-back program							$ 2,000,000,000
Pension Plan | Principal plan
Re-measurement effects recognised in other comprehensive income				3,140,000,000	(437,000,000)
Pension Plan | Present value of defined benefit obligations | Principal plan
Re-measurement effects recognised in other comprehensive income				$ 1,730,000,000	$ (6,886,000,000)
[1]	At 31 December 2015, our operations in Brazil were classified as held for sale. The cumulative amount of other reserves attributable to these operations were as follows: available-for-sale fair value reserve debit of $176m, cash flow hedging reserve credit of $34m and foreign exchange reserve debit of $2.6bn.
[2]	Statutory share premium relief under Section 131 of the Companies Act 1985 (the ‘Act’) was taken in respect of the acquisition of HSBC Bank plc in 1992, HSBC France in 2000 and HSBC Finance Corporation in 2003, and the shares issued were recorded at their nominal value only. In HSBC’s consolidated financial statements the fair value differences of $8,290m in respect of HSBC France and $12,768m in respect of HSBC Finance Corporation were recognised in the merger reserve. The merger reserve created on the acquisition of HSBC Finance Corporation subsequently became attached to HSBC Overseas Holdings (UK) Limited (‘HOHU’), following a number of intra-group reorganisations. During 2009, pursuant to Section 131 of the Companies Act 1985, statutory share premium relief was taken in respect of the rights issue and $15,796m was recognised in the merger reserve. The merger reserve includes a deduction of $614m in respect of costs relating to the rights issue, of which $149m was subsequently transferred to the income statement. Of this $149m, $121m was a loss arising from accounting for the agreement with the underwriters as a contingent forward contract. The merger reserve excludes the loss of $344m on a forward foreign exchange contract associated with hedging the proceeds of the rights issue.
[3]	At 1 January 2017, the cumulative changes in fair value attributable to changes in own credit risk of financial liabilities designated at fair value was a loss of $1,672m.
[4]	At 31 December 2017, retained earnings included 360,590,019 treasury shares (2016: 353,356,251; 2015: 81,580,180). In addition, treasury shares are also held within HSBC’s Insurance business retirement funds for the benefit of policyholders or beneficiaries within employee trusts for the settlement of shares expected to be delivered under employee share schemes or bonus plans, and the market-making activities in Markets.
[5]	Cumulative goodwill amounting to $5,138m has been charged against reserves in respect of acquisitions of subsidiaries prior to 1 January 1998, including $3,469m charged against the merger reserve arising on the acquisition of HSBC Bank plc. The balance of $1,669m has been charged against retained earnings.
[6]	At 31 December 2017, retained earnings included 326,843,840 ($2,542m) of treasury shares (2016: 325,499,152 ($2,499m); 2015: 67,881 ($1m)). The increase principally reflects the share buy-back initiative, with the purchase of 328.2m ordinary shares ($3,000m) all of which were cancelled during the year and used to reduce outstanding ordinary shares. In addition, treasury shares are held to fund employee share plans.

Basis of preparation and signif

Basis of preparation and significant accounting policies	12 Months Ended
	Dec. 31, 2017
Corporate Information And Statement Of IFRS Compliance [Abstract]
Basis of preparation and significant accounting policies	1 Basis of preparation and significant accounting policies 1.1 Basis of preparation (a) Compliance with International Financial Reporting Standards The consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings have been prepared in accordance with IFRSs as issued by the IASB, including interpretations issued by the IFRS Interpretations Committee, and as endorsed by the European Union (‘EU’). At 31 December 2017, there were no unendorsed standards effective for the year ended 31 December 2017 affecting these consolidated and separate financial statements, and HSBC’s application of IFRSs results in no differences between IFRSs as issued by the IASB and IFRSs as endorsed by the EU . Standards adopted during the year ended 31 December 2017 HSBC has adopted the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value from 1 January 2017 in the consolidated financial statements. As a result, the effects of changes in those liabilities’ credit risk is presented in other comprehensive income with the remaining effect presented in profit or loss. As permitted by the transitional requirements of IFRS 9, comparatives have not been restated. Adoption increased profit after tax by $2,024m and basic and diluted earnings per share by $0.10 with the opposite effect on other comprehensive income and no effect on net assets. These requirements were adopted in the separate financial statements of HSBC Holdings in 2016. There were no other new standards applied in 2017. However, during 2017, HSBC adopted a number of interpretations and amendments to standards which had an insignificant effect on the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. (b) Differences between IFRSs and Hong Kong Financial Reporting Standards There are no significant differences between IFRSs and Hong Kong Financial Reporting Standards in terms of their application to HSBC, and consequently there would be no significant differences had the financial statements been prepared in accordance with Hong Kong Financial Reporting Standards. The Notes on the Financial Statements, taken together with the Report of the Directors, include the aggregate of all disclosures necessary to satisfy IFRSs and Hong Kong reporting requirements. (c) Future accounting developments Minor amendments to IFRSs The IASB has published a number of minor amendments to IFRSs which are effective from 1 January 2018 and 2019, some of which have been endorsed for use in the EU. HSBC expects they will have an insignificant effect, when adopted, on the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. HSBC has not early adopted any of the amendments effective after 31 December 2017, except the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value which was adopted from 1 January 2017. Major new IFRSs The IASB has published IFRS 9 ‘Financial Instruments’, IFRS 15 ‘Revenue from Contracts with Customers’, IFRS 16 ‘Leases’ and IFRS 17 ‘Insurance contracts’. IFRS 9 , IFRS 15 and IFRS 16 have been endorsed for use in the EU and IFRS 17 has not yet been endorsed. IFRS 9 ‘Financial Instruments’ In July 2014, the IASB issued IFRS 9 ‘Financial Instruments’, which is the comprehensive standard to replace IAS 39 ‘Financial Instruments: Recognition and Measurement’, and includes requirements for classification and measurement of financial assets and liabilities, impairment of financial assets and hedge accounting. Classification and measurement The classification and measurement of financial assets will depend on how these are managed (the entity’s business model) and their contractual cash flow characteristics. These factors determine whether the financial assets are measured at amortised cost, fair value through other comprehensive income (‘FVOCI’) or fair value through profit or loss (‘FVPL’). The combined effect of the application of the business model and the contractual cash flow characteristics tests may result in some differences in the population of financial assets measured at amortised cost or fair value compared with IAS 39. In addition, on transition to IFRS 9 entities are required to revoke previous designations of financial assets and financial liabilities measured at fair value through profit or loss where the accounting mismatch no longer exists and are permitted to revoke such designations where accounting mismatches continue to exist. Impairment The impairment requirements apply to financial assets measured at amortised cost and FVOCI, lease receivables, and certain loan commitments and financial guarantee contracts. At initial recognition, an impairment allowance (or provision in the case of commitments and guarantees) is required for expected credit losses (‘ECL’) resulting from default events that are possible within the next 12 months (’12-month ECL’). In the event of a significant increase in credit risk, an allowance (or provision) is required for ECL resulting from all possible default events over the expected life of the financial instrument (‘lifetime ECL’). Financial assets where 12-month ECL is recognised are in ‘stage 1’; financial assets that are considered to have experienced a significant increase in credit risk are in ‘stage 2’; and financial assets for which there is objective evidence of impairment, so are considered to be in default or otherwise credit impaired, are in ‘stage 3’. The assessment of credit risk and the estimation of ECL are required to be unbiased and probability-weighted, and should incorporate all available information relevant to the assessment, including information about past events, current conditions and reasonable and supportable forecasts of economic conditions at the reporting date. In addition, the estimation of ECL should take into account the time value of money. As a result, the recognition and measurement of impairment is intended to be more forward-looking than under IAS 39, and the resulting impairment charge may be more volatile. IFRS 9 may also result in an increase in the total level of impairment allowances, since all financial assets will be assessed for at least 12-month ECL and the population of financial assets to which lifetime ECL applies is likely to be larger than the population for which there is objective evidence of impairment in accordance with IAS 39. Hedge accounting The general hedge accounting requirements aim to simplify hedge accounting, creating a stronger link with risk management strategy and permitting hedge accounting to be applied to a greater variety of hedging instruments and risks. However, they do not explicitly address macro hedge accounting strategies, which are particularly important for banks. As a result, IFRS 9 includes an accounting policy choice to remain with IAS 39 hedge accounting. Transitional impact With the exception of the provisions relating to the presentation of gains and losses on financial liabilities designated at fair value, which were adopted from 1 January 2017, the requirements of IFRS 9 ‘Financial Instruments’ will be adopted from 1 January 2018. IFRS 9 includes an accounting policy choice to continue IAS 39 hedge accounting, which HSBC has exercised, although it will implement the revised hedge accounting disclosures required by the related amendments to IFRS 7 ‘Financial Instruments: Disclosures’. The classification and measurement and impairment requirements are applied retrospectively by adjusting the opening balance sheet at the date of initial application, with no requirement to restate comparative periods. HSBC does not intend to restate comparatives. For the consolidated financial statements of HSBC, adoption is expected to reduce net assets at 1 January 2018 by $1.0b n, with the classification and measurement changes increasing net assets by $0.9b n and impairment reducing net assets by $2.2b n, net of deferred tax of $0.3b n. As a consequence, common equity tier 1 capital is expected to increase by $1.2b n, applying regulatory transitional arrangements, and by $0.2bn on a fully loaded basis. For the separate financial statements of HSBC Holdings, adoption is expected to increase net assets at 1 January 2018 by $0.9bn , net of deferred tax, as a result of classification and measurement changes. These estimates are based on accounting policies, assumptions, judgements and estimation techniques that remain subject to change until the Group finalises its financial statements for the year ending 31 December 2018. IFRS 15 ‘Revenue from Contracts with Customers’ In May 2014, the IASB issued IFRS 15 ‘Revenue from Contracts with Customers’ and it is effective for annual periods beginning on or after 1 January 2018. IFRS 15 provides a principles-based approach for revenue recognition, and introduces the concept of recognising revenue for performance obligations as they are satisfied. HSBC will adopt the standard on its mandatory effective date, and the standard will be applied on a retrospective basis, recognising the cumulative effect, if any, of initially applying the standard as an adjustment to the opening balance of retained earnings. HSBC has assessed the impact of IFRS 15 and expects that the standard will have no significant effect, when applied, on the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. IFRS 16 ‘Leases’ In January 2016, the IASB issued IFRS 16 ‘Leases’ with an effective date for annual periods beginning on or after 1 January 2019. IFRS 16 results in lessees accounting for most leases within the scope of the standard in a manner similar to the way in which finance leases are currently accounted for under IAS 17 ‘Leases’. Lessees will recognise a ‘right of use’ asset and a corresponding financial liability on the balance sheet. The asset will be amortised over the length of the lease, and the financial liability measured at amortised cost. Lessor accounting remains substantially the same as under IAS 17. HSBC is currently assessing the impact of IFRS 16, and it is not practicable to quantify the effect at the date of the publication of these financial statements. Existing operating lease commitments are set out in Note 33 . IFRS 17 ‘Insurance contracts’ IFRS 17 ‘Insurance contracts’ was issued in May 2017, and sets out the requirements that an entity should apply in accounting for insurance contracts it issues and reinsurance contracts it holds. IFRS 17 is effective from 1 January 2021, and HSBC is considering its impact. (d) Foreign currencies HSBC’s consolidated financial statements are presented in US dollars because the US dollar and currencies linked to it form the major currency bloc in which HSBC transacts and funds its business. The US dollar is also HSBC Holdings’ functional currency because the US dollar and currencies linked to it are the most significant currencies relevant to the underlying transactions, events and conditions of its subsidiaries, as well as representing a significant proportion of its funds generated from financing activities. Transactions in foreign currencies are recorded at the rate of exchange on the date of the transaction. Assets and liabilities denominated in foreign currencies are translated at the rate of exchange at the balance sheet date except non-monetary assets and liabilities measured at historical cost which are translated using the rate of exchange at the initial transaction date. Exchange differences are included in other comprehensive income or in the income statement depending on where the gain or loss on the underlying item is recognised. In the consolidated financial statements, the assets, liabilities and results of foreign operations whose functional currency is not US dollars are translated into the Group’s presentation currency at the reporting date. Exchange differences arising are recognised in other comprehensive income. On disposal of a foreign operation, exchange differences previously recognised in other comprehensive income are reclassified to the income statement. (e) Presentation of information Certain disclosures required by IFRSs have been included in the audited sections of this Annual Report and Accounts as follows: • segmental disclosures are included in the ‘Report of the Directors: Financial Review’ on pages 32 to 85 ; • disclosures concerning the nature and extent of risks relating to insurance contracts and financial instruments are included in the ‘Report of the Directors: Risk’ on pages 95 to 161 ; • capital disclosures are included in the ‘Report of the Directors: Capital’ on pages 162 to 165 ; and • disclosures relating to HSBC’s securitisation activities and structured products are included in the ‘Report of the Directors: Risk’ on pages 95 to 161 . In accordance with its policy to provide disclosures that help investors and other stakeholders understand the Group’s performance, financial position and changes to them, the information provided in the Notes on the Financial Statements and the Report of the Directors goes beyond the minimum levels required by accounting standards, statutory and regulatory requirements and listing rules. In addition, HSBC follows the UK Finance Disclosure Code (‘the UKF Disclosure Code’). The UKF Disclosure Code aims to increase the quality and comparability of UK banks’ disclosures and sets out five disclosure principles together with supporting guidance agreed in 2010. In line with the principles of the UKF Disclosure Code, HSBC assesses good practice recommendations issued from time to time by relevant regulators and standard setters, and will assess the applicability and relevance of such guidance, enhancing disclosures where appropriate. (f) Critical accounting estimates and judgements The preparation of financial information requires the use of estimates and judgements about future conditions. In view of the inherent uncertainties and the high level of subjectivity involved in the recognition or measurement of items highlighted as the critical accounting estimates and judgements in section 1.2 below, it is possible that the outcomes in the next financial year could differ from those on which management’s estimates are based. This could result in materially different estimates and judgements from those reached by management for the purposes of these financial statements. Management’s selection of HSBC’s accounting policies which contain critical estimates and judgements reflects the materiality of the items to which the policies are applied and the high degree of judgement and estimation uncertainty involved. (g) Segmental analysis HSBC’s chief operating decision-maker is the Group Chief Executive, supported by the rest of the Group Management Board (‘GMB’), which operates as a general management committee under the direct authority of the Board. Operating segments are reported in a manner consistent with the internal reporting provided to the Group Chief Executive and the GMB. Measurement of segmental assets, liabilities, income and expenses is in accordance with the Group’s accounting policies. Segmental income and expenses include transfers between segments, and these transfers are conducted at arm’s length. Shared costs are included in segments on the basis of the actual recharges made. (h) Going concern The financial statements are prepared on a going concern basis, as the Directors are satisfied that the Group and parent company have the resources to continue in business for the foreseeable future. In making this assessment, the Directors have considered a wide range of information relating to present and future conditions, including future projections of profitability, cash flows and capital resources. 1.2 Summary of significant accounting policies (a) Consolidation and related policies Investments in subsidiaries Where an entity is governed by voting rights, HSBC consolidates when it holds, directly or indirectly, the necessary voting rights to pass resolutions by the governing body. In all other cases, the assessment of control is more complex and requires judgement of other factors, including having exposure to variability of returns, power to direct relevant activities and whether power is held as agent or principal. Business combinations are accounted for using the acquisition method. The amount of non-controlling interest is measured either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets. This election is made for each business combination. HSBC Holdings’ investments in subsidiaries are stated at cost less impairment losses. Goodwill Goodwill is allocated to cash-generating units (‘CGUs’) for the purpose of impairment testing, which is undertaken at the lowest level at which goodwill is monitored for internal management purposes. HSBC’s CGUs are based on geographical regions subdivided by global business, except for Global Banking and Markets, for which goodwill is monitored on a global basis. Impairment testing is performed at least once a year, or whenever there is an indication of impairment, by comparing the recoverable amount of a CGU with its carrying amount. Goodwill is included in a disposal group if the disposal group is a CGU to which goodwill has been allocated or it is an operation within such a CGU. The amount of goodwill included in a disposal group is measured on the basis of the relative values of the operation disposed of and the portion of the CGU retained. Critical accounting estimates and judgements The review of goodwill for impairment reflects management’s best estimate of the future cash flows of the CGUs and the rates used to discount these cash flows, both of which are subject to uncertain factors as follows: • The future cash flows of the CGUs are sensitive to the cash flows projected for the periods for which detailed forecasts are available and to assumptions regarding the long-term pattern of sustainable cash flows thereafter. Forecasts are compared with actual performance and verifiable economic data, but they reflect management’s view of future business prospects at the time of the assessment. • The rates used to discount future expected cash flows can have a significant effect on their valuation, and are based on the costs of capital assigned to individual CGUs. The cost of capital percentage is generally derived from a capital asset pricing model, which incorporates inputs reflecting a number of financial and economic variables, including the risk-free interest rate in the country concerned and a premium for the risk of the business being evaluated. These variables are subject to fluctuations in external market rates and economic conditions beyond management’s control. They are therefore subject to uncertainty and require the exercise of significant judgement. The accuracy of forecast cash flows is subject to a high degree of uncertainty in volatile market conditions. In such circumstances, management retests goodwill for impairment more frequently than once a year when indicators of impairment exist. This ensures that the assumptions on which the cash flow forecasts are based continue to reflect current market conditions and management’s best estimate of future business prospects. HSBC sponsored structured entities HSBC is considered to sponsor another entity if, in addition to ongoing involvement with the entity, it had a key role in establishing that entity or in bringing together relevant counterparties so the transaction that is the purpose of the entity could occur. HSBC is generally not considered a sponsor if the only involvement with the entity is merely administrative. Interests in associates and joint arrangements Joint arrangements are investments in which HSBC, together with one or more parties, has joint control. Depending on HSBC’s rights and obligations, the joint arrangement is classified as either a joint operation or a joint venture. HSBC classifies investments in entities over which it has significant influence, and that are neither subsidiaries nor joint arrangements, as associates. HSBC recognises its share of the assets, liabilities and results in a joint operation. Investments in associates and interests in joint ventures are recognised using the equity method. The attributable share of the results and reserves of joint ventures and associates are included in the consolidated financial statements of HSBC based on either financial statements made up to 31 December or pro-rated amounts adjusted for any material transactions or events occurring between the date the financial statements are available and Investments in associates and joint ventures are assessed at each reporting date and tested for impairment when there is an indication that the investment may be impaired. Goodwill on acquisitions of interests in joint ventures and associates is not tested separately for impairment, but is assessed as part of the carrying amount of the investment. Critical accounting estimates and judgements Impairment testing of investments in associates involves significant judgement in determining the value in use, and in particular estimating the present values of cash flows expected to arise from continuing to hold the investment. The most significant judgements relate to the impairment testing of our investment in Bank of Communications Co., Limited (‘BoCom’). Key assumptions used in estimating BoCom’s value in use, the sensitivity of the value in use calculation to different assumptions and a sensitivity analysis that shows the changes in key assumptions that would reduce the excess of value in use over the carrying amount (the ‘headroom’) to nil are described in Note 17. (b) Income and expense Operating income Interest income and expense Interest income and expense for all financial instruments, excluding those classified as held for trading or designated at fair value are recognised in ‘Interest income’ and ‘Interest expense’ in the income statement using the effective interest method. However, as an exception to this, interest on debt securities issued by HSBC that are designated under the fair value option and derivatives managed in conjunction with those debt securities are included in interest expense. Interest on impaired financial assets is recognised using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. Non-interest income and expense Fee income is earned from a diverse range of services provided by HSBC to its customers. Fee income is accounted for as follows: • Income earned on the execution of a significant act is recognised as revenue when the act is completed (for example, fees arising from negotiating a transaction, such as the acquisition of shares, for a third party); and • Income earned from the provision of services is recognised as revenue as the services are provided (for example, asset management services). Net trading income comprises all gains and losses from changes in the fair value of financial assets and financial liabilities held for trading, together with the related interest income, expense and dividends. Dividend income is recognised when the right to receive payment is established. This is the ex-dividend date for listed equity securities, and usually the date when shareholders approve the dividend for unlisted equity securities. ‘Net income/(expense) from financial instruments designated at fair value’ includes all gains and losses from changes in the fair value of financial assets and liabilities designated at fair value through profit or loss, including derivatives that are managed in conjunction with those financial assets and liabilities, and liabilities under investment contracts. Interest income, interest expense and dividend income in respect of those financial instruments are also included, except for interest arising from debt securities issued by HSBC and derivatives managed in conjunction with those debt securities, which is recognised in ‘Interest expense’. The accounting policies for insurance premium income are disclosed in Note 1.2(f) . (c) Valuation of financial instruments All financial instruments are initially recognised at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of a financial instrument on initial recognition is generally its transaction price (that is, the fair value of the consideration given or received). However, if there is a difference between the transaction price and the fair value of financial instruments whose fair value is based on a quoted price in an active market or a valuation technique that uses only data from observable markets, HSBC recognises the difference as a trading gain or loss at inception (a ‘day 1 gain or loss’). In all other cases, the entire day 1 gain or loss is deferred and recognised in the income statement over the life of the transaction either until the transaction matures or is closed out, the valuation inputs become observable or HSBC enters into an offsetting transaction. The fair value of financial instruments is generally measured on an individual basis. However, in cases where HSBC manages a group of financial assets and liabilities according to its net market or credit risk exposure, the fair value of the group of financial instruments is measured on a net basis but the underlying financial assets and liabilities are presented separately in the financial statements, unless they satisfy the IFRS offsetting criteria. Critical accounting estimates and judgements The majority of valuation techniques employ only observable market data. However, certain financial instruments are valued on the basis of valuation techniques that feature one or more significant market inputs that are unobservable, and for them the measurement of fair value is more judgemental. An instrument in its entirety is classified as valued using significant unobservable inputs if, in the opinion of management, a significant proportion of the instrument’s inception profit or greater than 5% of the instrument’s valuation is driven by unobservable inputs. ‘Unobservable’ in this context means that there is little or no current market data available from which to determine the price at which an arm’s length transaction would be likely to occur. It generally does not mean that there is no data available at all upon which to base a determination of fair value (consensus pricing data may, for example, be used). (d) Financial instruments measured at amortised cost Loans and advances to banks and customers, held-to-maturity investments and most financial liabilities are measured at amortised cost. The carrying value of these financial assets at initial recognition includes any directly attributable transactions costs. If the initial fair value is lower than the cash amount advanced, such as in the case of some leveraged finance and syndicated lending activities, the difference is deferred and recognised over the life of the loan (as described in sub-section (c) above) through the recognition of interest income, unless the loan becomes impaired. HSBC may commit to underwriting loans on fixed contractual terms for specified periods of time. When the loan arising from the lending commitment is expected to be held for trading, the commitment to lend is recorded as a derivative. When HSBC intends to hold the loan, a provision on the loan commitment is only recorded where it is probable that HSBC will incur a loss. Impairment of loans and advances Losses for impaired loans are recognised when there is objective evidence that impairment of a loan or portfolio of loans has occurred. Losses which may arise from future events are not recognised. Individually assessed loans and advances The factors considered in determining whether a loan is individually significant for the purposes of assessing impairment include the size of the loan, the number of loans in the portfolio, the importance of the individual loan relationship and how this is managed. Loans that are determined to be individually significant will be individually assessed for impairment, except when volumes of defaults and losses are sufficient to justify treatment under a collective methodology. Loans considered as individually significant are typically to corporate and commercial customers, are for larger amounts and are managed on an individual basis. For these loans, HSBC considers on a case-by-case basis at each balance sheet date whether there is any objective evidence that a loan is impaired. The determination of the realisable value of security is based on the most recently updated market value at the time the impairment assessment is performed. The value is not adjusted for expected future changes in market prices, though adjustments are made to reflect local conditions such as forced sale discounts. Impairment losses are calculated by discounting the expected future cash flows of a loan, which include expected future receipts of contractual interest, at the loan’s original effective interest rate or an approximation thereof, and comparing the resultant present value with the loan’s current carrying amount. Collectively assessed loans and advances Impairment is assessed collectively to cover losses which have been incurred but have not yet been identified on loans subject to individual assessment or for homogeneous groups of loans that are not considered individually significant, which are generally retail lending portfolios. Incurred but not yet identified impairment Individually assessed loans for which no evidence of impairment has been specifically identified on an individual basis are grouped together according to their credit risk characteristics for a collective impairment assessment. This assessment captures impairment losses that HSBC has incurred as a result of events occurring before the balance sheet date that HSBC is not able to identify on an individual loan basis, and that can be reliably estimated. When information becomes available that identifies losses on individual loans within a group, those loans are removed from the group and assessed individually. Homogeneous groups of loans and advances Statistical methods are used to determine collective impairment losses for homogeneous groups of loans not considered individually significant. The methods used to calculate collective allowances are set out below: • When appropriate empirical information is available, HSBC utilises roll-rate methodology, which employs statistical analyses of historical data and experience of delinquency and default to reliably estimate the amount of the loans that will eventually be written off as a result of events occurring before the balance sheet date. Individual loans are grouped using ranges of past due days, and statistical estimates are made of the likelihood that loans in each range will progress through the various stages of delinquency and become irrecoverable. Additionally, individual loans are segmented based on their credit characteristics, such as industry sector, loan grade or product. In applying this methodology, adjustments are made to estimate the periods of time between a loss event occurring, for example because of a missed payment, and its confirmation through write-off (known as the loss identification period). Current economic conditions are also evaluated when calculating the appropriate level of allowance required to cover inherent loss. In certain highly developed markets, models also take into account behavioural and account management trends as revealed in, for example, bankruptcy and rescheduling statistics. • When the portfolio size is small or when information is insufficient or not reliable enough to adopt a roll-rate methodology, HSBC adopts a basic formulaic approach based on historical loss rate experience, or a discounted cash flow model. Where a basic formulaic approach is undertaken, the period between a loss event occurring and its identification is estimated by local management, and is typically between six and 12 months. Write-off of loans and advances Loans and the related impairment allowance accounts are normally written off, either partially or in full, when there is no realistic prospect of recovery. Where loans are secured, this is generally after receipt of any proceeds from the realisation of security. In circumstanc

Net income_(expense) from finan

Net income/(expense) from financial instruments designated at fair value	12 Months Ended
	Dec. 31, 2017
Analysis of income and expense [abstract]
Net income/(expense) from financial instruments designated at fair value	2 Net income/(expense) from financial instruments designated at fair value 2017 2016 2015 Footnote $m $m $m Net income/(expense) arising on: Financial assets Financial assets held to meet liabilities under insurance and investment contracts 3,211 1,480 531 Other financial assets designated at fair value 198 90 89 Derivatives managed with other financial assets designated at fair value (9 ) (43 ) 13 3,400 1,527 633 Financial liabilities Liabilities to customers under investment contracts (375 ) (218 ) 34 HSBC’s long-term debt issued and related derivatives 672 (3,975 ) 863 – changes in own credit spread on long-term debt 1 — (1,792 ) 1,002 – derivatives managed in conjunction with HSBC’s issued debt securities (273 ) (1,367 ) (1,997 ) – other changes in fair value 945 (816 ) 1,858 Other financial liabilities designated at fair value 1 (6 ) 3 Derivatives managed with other financial liabilities designated at fair value — 6 (1 ) 298 (4,193 ) 899 Year ended 31 Dec 3,698 (2,666 ) 1,532 1 From 1 January 2017, HSBC Holdings plc adopted, in its consolidated financial statements, the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value. As a result, changes in fair value attributable to changes in own credit risk are presented in other comprehensive income with the remaining effect presented in profit or loss. HSBC Holdings Net income/(expense) arising on HSBC Holdings’ long-term debt issued and related derivatives 2017 2016 2015 Footnote $m $m $m Net income/(expense) arising on: Financial assets: 211 — — – other financial assets designated at fair value 161 — — – derivatives managed with other financial assets designated at fair value 50 — — Financial liabilities 103 (49 ) 276 – changes in own credit spread on long-term debt 1 — — 348 – derivatives managed in conjunction with HSBC Holdings issued debt securities 292 (642 ) (927 ) – other changes in fair value (189 ) 593 855 Year ended 31 Dec 314 (49 ) 276 1 From 1 January 2016, HSBC Holdings plc adopted, in its separate financial statements, the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value. As a result, changes in fair value attributable to changes in own credit risk are presented in other comprehensive income with the remaining effect presented in profit or loss.

Insurance business

Insurance business	12 Months Ended
	Dec. 31, 2017
Insurance Contracts [Abstract]
Insurance business	3 Insurance business Net insurance premium income Non-linked insurance Linked life insurance Investment contracts with DPF 1 Total $m $m $m $m Gross insurance premium income 8,424 351 2,027 10,802 Reinsurers’ share of gross insurance premium income (1,016 ) (7 ) — (1,023 ) Year ended 31 Dec 2017 7,408 344 2,027 9,779 Gross insurance premium income 8,036 675 1,877 10,588 Reinsurers’ share of gross insurance premium income (629 ) (8 ) — (637 ) Year ended 31 Dec 2016 7,407 667 1,877 9,951 Gross insurance premium income 7,506 1,409 2,097 11,012 Reinsurers’ share of gross insurance premium income (648 ) (9 ) — (657 ) Year ended 31 Dec 2015 6,858 1,400 2,097 10,355 1 Discretionary participation features. Net insurance claims and benefits paid and movement in liabilities to policyholders Non-linked insurance Linked life insurance Investment contracts with DPF 1 Total $m $m $m $m Gross claims and benefits paid and movement in liabilities 8,894 1,413 2,901 13,208 – claims, benefits and surrenders paid 2,883 1,044 2,002 5,929 – movement in liabilities 6,011 369 899 7,279 Reinsurers’ share of claims and benefits paid and movement in liabilities (942 ) 65 — (877 ) – claims, benefits and surrenders paid (297 ) (223 ) — (520 ) – movement in liabilities (645 ) 288 — (357 ) Year ended 31 Dec 2017 7,952 1,478 2,901 12,331 Gross claims and benefits paid and movement in liabilities 8,778 1,321 2,409 12,508 – claims, benefits and surrenders paid 2,828 749 2,017 5,594 – movement in liabilities 5,950 572 392 6,914 Reinsurers’ share of claims and benefits paid and movement in liabilities (560 ) (78 ) — (638 ) – claims, benefits and surrenders paid (112 ) (14 ) — (126 ) – movement in liabilities (448 ) (64 ) — (512 ) Year ended 31 Dec 2016 8,218 1,243 2,409 11,870 Gross claims and benefits paid and movement in liabilities 7,746 1,398 2,728 11,872 – claims, benefits and surrenders paid 3,200 1,869 2,101 7,170 – movement in liabilities 4,546 (471 ) 627 4,702 Reinsurers’ share of claims and benefits paid and movement in liabilities (575 ) (5 ) — (580 ) – claims, benefits and surrenders paid (153 ) (64 ) — (217 ) – movement in liabilities (422 ) 59 — (363 ) Year ended 31 Dec 2015 7,171 1,393 2,728 11,292 1 Discretionary participation features. Liabilities under insurance contracts Non-linked insurance Linked life insurance Investment contracts with DPF 1 Total Footnotes $m $m $m $m Gross liabilities under insurance contracts at 1 Jan 2017 46,043 6,949 22,281 75,273 Claims and benefits paid (2,883 ) (1,044 ) (2,002 ) (5,929 ) Increase in liabilities to policyholders 8,894 1,413 2,901 13,208 Exchange differences and other movements 2 58 230 2,827 3,115 Gross liabilities under insurance contracts at 31 Dec 2017 52,112 7,548 26,007 85,667 Reinsurers’ share of liabilities under insurance contracts (2,203 ) (268 ) — (2,471 ) Net liabilities under insurance contracts at 31 Dec 2017 49,909 7,280 26,007 83,196 Gross liabilities under insurance contracts at 1 Jan 2016 40,538 6,791 22,609 69,938 Claims and benefits paid (2,828 ) (749 ) (2,017 ) (5,594 ) Increase in liabilities to policyholders 8,778 1,321 2,409 12,508 Exchange differences and other movements 2 (445 ) (414 ) (720 ) (1,579 ) Gross liabilities under insurance contracts at 31 Dec 2016 46,043 6,949 22,281 75,273 Reinsurers’ share of liabilities under insurance contracts (1,500 ) (320 ) — (1,820 ) Net liabilities under insurance contracts at 31 Dec 2016 44,543 6,629 22,281 73,453 1 Discretionary participation features. 2 ‘Exchange differences and other movements’ includes movements in liabilities arising from net unrealised investment gains recognised in other comprehensive income. The key factors contributing to the movement in liabilities to policyholders included death claims, surrenders, lapses, liabilities to policyholders created at the initial inception of the policies, the declaration of bonuses and other amounts attributable to policyholders.

Operating profit

Operating profit	12 Months Ended
	Dec. 31, 2017
Analysis of income and expense [abstract]
Operating profit	4 Operating profit Operating profit is stated after the following items: 2017 2016 2015 $m $m $m Income Interest recognised on impaired financial assets 261 574 934 Fees earned on financial assets that are not at fair value through profit or loss (other than amounts included in determining the effective interest rate) 7,577 7,732 8,736 Fees earned on trust and other fiduciary activities 2,691 2,543 3,052 Expense Interest on financial instruments, excluding interest on financial liabilities held for trading or designated at fair value (10,912 ) (11,858 ) (13,680 ) Fees payable on financial liabilities that are not at fair value through profit or loss (other than amounts included in determining the effective interest rate) (1,475 ) (1,214 ) (1,251 ) Fees payable relating to trust and other fiduciary activities (134 ) (129 ) (166 ) Payments under lease and sublease agreements (936 ) (969 ) (1,190 ) – minimum lease payments (911 ) (945 ) (1,058 ) – contingent rents and sublease payments (25 ) (24 ) (132 ) UK bank levy (916 ) (922 ) (1,421 ) Restructuring provisions (204 ) (415 ) (430 ) Gains/(losses) Impairment of available-for-sale equity securities (98 ) (36 ) (111 ) Gains/(losses) recognised on assets held for sale 195 (206 ) (244 ) Gains on the partial sale of shareholding in Industrial Bank — — 1,372 Gain/(loss) on disposal of Brazilian operations 19 (1,743 ) — Loan impairment charges and other credit risk provisions (1,769 ) (3,400 ) (3,721 ) – net impairment charge on loans and advances (1,992 ) (3,350 ) (3,592 ) – release of impairment on available-for-sale debt securities 190 63 17 – other credit risk provisions 33 (113 ) (146 ) External net operating income is attributed to countries on the basis of the location of the branch responsible for reporting the results or advancing the funds: 2017 2016 2015 Footnote $m $m $m External net operating income by country 1 51,445 47,966 59,800 – UK 11,057 9,495 14,132 – Hong Kong 14,992 12,864 14,447 – US 4,573 5,094 5,541 – France 2,203 2,571 2,706 – other countries 18,620 17,942 22,974 – of which: Brazil 60 (204 ) 3,546 1 Net operating income before loan impairment charges and other credit risk provisions, also referred to as revenue.

Employee compensation and benef

Employee compensation and benefits	12 Months Ended
	Dec. 31, 2017
Employee Compensation And Benefits [Abstract]
Employee compensation and benefits	5 Employee compensation and benefits 2017 2016 2015 $m $m $m Wages and salaries 15,227 15,735 17,245 Social security costs 1,419 1,312 1,600 Post-employment benefits 669 1,042 1,055 Year ended 31 Dec 17,315 18,089 19,900 Average number of persons employed by HSBC during the year by global business 2017 2016 2015 Retail Banking and Wealth Management 134,021 137,234 155,859 Commercial Banking 46,716 45,912 51,007 Global Banking and Markets 49,100 47,623 49,912 Global Private Banking 7,817 8,322 8,934 Corporate Centre 7,134 7,842 2,721 Year ended 31 Dec 244,788 246,933 268,433 Average number of persons employed by HSBC during the year by geographical region 2017 2016 2015 Europe 70,301 71,196 68,408 Asia 125,004 122,282 121,438 Middle East and North Africa 10,408 12,021 14,467 North America 18,610 20,353 21,506 Latin America 20,465 21,081 42,614 Year ended 31 Dec 244,788 246,933 268,433 Reconciliation of total incentive awards granted to income statement charge 2017 2016 2015 $m $m $m Total incentive awards approved for the current year 3,303 3,035 3,462 Less: deferred bonuses awarded, expected to be recognised in future periods (337 ) (323 ) (387 ) Total incentives awarded and recognised in the current year 2,966 2,712 3,075 Add: current year charges for deferred bonuses from previous years 336 371 483 Other (78 ) (128 ) (40 ) Income statement charge for incentive awards 3,224 2,955 3,518 Year in which income statement is expected to reflect deferred bonuses Charge recognised Expected charge 2017 2016 2015 2018 2019 and beyond $m $m $m $m $m Variable compensation from 2017 bonus pool 162 — — 162 175 Variable compensation from 2016 bonus pool 126 152 — 109 84 Variable compensation from 2015 bonus pool and earlier 210 168 253 82 21 Total 498 320 253 353 280 Cash awards 184 114 67 117 99 Equity awards 314 206 186 236 181 Share-based payments ‘Wages and salaries’ includes the effect of share-based payments arrangements, of which $500m were equity settled (2016: $534m ; 2015: $757m ), as follows: 2017 2016 2015 $m $m $m Restricted share awards 520 591 748 Savings-related and other share award option plans 26 33 43 Year ended 31 Dec 546 624 791 HSBC share awards Award Policy Deferred share awards (including annual incentive awards, LTI awards delivered in shares) and GPSP • An assessment of performance over the relevant period ending on 31 December is used to determine the amount of the award to be granted. International Employee Share Purchase Plan (‘ShareMatch’) • The plan was first introduced in Hong Kong in 2013 and now includes employees based in 27 jurisdictions. Movement on HSBC share awards 2017 2016 Number Number (000s) (000s) Restricted share awards outstanding at 1 Jan 123,166 118,665 Additions during the year 62,044 94,981 Released in the year (76,051 ) (76,552 ) Forfeited in the year (4,634 ) (13,928 ) Restricted share awards outstanding at 31 Dec 104,525 123,166 Weighted average fair value of awards granted ($) 7.09 7.25 HSBC share option plans Main plans Policy Savings-related share option plans (‘Sharesave’) • Two plans: the UK Plan and the International Plan. The last grant of options under the International Plan was in 2012. Calculation of fair values The fair values of share options are calculated using a Black-Scholes model. The fair value of a share award is based on the share price at the date of the grant. Movement on HSBC share option plans Savings-related Number WAEP 1 Footnotes (000s) £ Outstanding at 1 Jan 2017 70,027 4.30 Granted during the year 2 10,447 5.96 Exercised during the year 3 (9,503 ) 4.83 Expired during the year (3,902 ) 4.45 Forfeited during the year (2,399 ) 4.27 Outstanding at 31 Dec 2017 64,670 4.49 Of which exercisable 1,129 5.00 Weighted average remaining contractual life (years) 2.42 Outstanding at 1 Jan 2016 74,775 4.36 Granted during the year 2 15,044 4.40 Exercised during the year 3 (4,354 ) 5.02 Expired during the year (13,243 ) 4.49 Forfeited during the year (2,195 ) 4.34 Outstanding at 31 Dec 2016 70,027 4.30 Of which exercisable 1,086 5.25 Weighted average remaining contractual life (years) 2.91 1 Weighted average exercise price. 2 The weighted average fair value of options granted during the year was $1.29 (2016: $1.28 ). 3 The weighted average share price at the date the options were exercised was $9.93 (2016: $6.98 ). Post-employment benefit plans The Group operates pension plans throughout the world for its employees. ‘Pension risk management’ on page 120 contains details of the policies and practices associated with these pension plans. Some are defined benefit plans, of which the largest is the HSBC Bank (UK) Pension Scheme (‘the principal plan’). The principal plan The principal plan has a defined benefit section and a defined contribution section. The defined benefit section was closed to future benefit accrual in 2015, with defined benefits earned by employees at that date continuing to be linked to their salary while they remain employed by HSBC Bank. The plan is overseen by an independent corporate trustee, who has a fiduciary responsibility for the operation of the plan. Its assets are held separately from the assets of the Group. The investment strategy of the plan is to hold the majority of assets in bonds, with the remainder in a diverse range of investments. It also includes some interest rate swaps to reduce interest rate risk and inflation swaps to reduce inflation risk. The latest funding valuation of the plan at 31 December 2014 was carried out by Colin G Singer, of Willis Towers Watson Limited, who is a Fellow of the UK Institute and Faculty of Actuaries, using the projected unit credit method. At that date, the market value of the plan’s assets was £24.6b n ( $30.3b n) and this exceeded the value placed on its liabilities on an ongoing basis by £520m ( $641m ), giving a funding level of 102% . The main differences between the assumptions used for assessing the liabilities for this funding valuation and those used for IAS 19 are more prudent assumptions for discount rate, inflation rate and life expectancy. Although the plan was in surplus at the valuation date, HSBC agreed to make further contributions to the plan to support a lower-risk investment strategy over the longer term. The remaining contributions are £64m ( $79m ) in each of 2018 and 2019, and £160m ( $197m ) in each of 2020 and 2021. To meet the requirements of the Banking Reform Act, it is currently planned that from 1 July 2018, the main employer of the plan will change from HSBC Bank plc to HSBC UK Bank plc, with additional support from HSBC Holdings plc. At the same time, non-ring fenced entities including HSBC Bank plc will exit the section of the plan for ring-fenced entities and join a newly created section for the future defined benefit and defined contribution pension benefits of their employees (approximately 0.2% of the total plan). These changes are not expected to materially affect the funding position of the plan. The following chart shows the expected profile of future benefits payable from the plan. Future benefit payments ($bn) The actuary also assessed the value of the liabilities if the plan were to be stopped and an insurance company asked to secure all future pension payments. This is generally larger than the amount needed on the ongoing basis described above because an insurance company would use more prudent assumptions and include an explicit allowance for the future administrative expenses of the plan. Under this approach, the amount of assets needed was estimated to be £31b n ( $38b n) at 31 December 2014. Income statement charge 2017 2016 2015 $m $m $m Defined benefit pension plans 100 218 256 Defined contribution pension plans 603 783 793 Pension plans 703 1,001 1,049 Defined benefit and contribution healthcare plans (34 ) 41 6 Year ended 31 Dec 669 1,042 1,055 Net assets/(liabilities) recognised on the balance sheet in respect of defined benefit plans Fair value of Present value of defined benefit Effect of Total $m $m $m $m Defined benefit pension plans 47,265 (40,089 ) (37 ) 7,139 Defined benefit healthcare plans 124 (663 ) — (539 ) At 31 Dec 2017 47,389 (40,752 ) (37 ) 6,600 Total employee benefit liabilities (within ‘Accruals, deferred income and other liabilities’) (2,152 ) Total employee benefit assets (within ‘Prepayments, accrued income and other assets’) 8,752 Defined benefit pension plans 42,397 (39,747 ) (24 ) 2,626 Defined benefit healthcare plans 118 (711 ) — (593 ) At 31 Dec 2016 42,515 (40,458 ) (24 ) 2,033 Total employee benefit liabilities (within ‘Accruals, deferred income and other liabilities’) (2,681 ) Total employee benefit assets (within ‘Prepayments, accrued income and other assets’) 4,714 HSBC Holdings Employee compensation and benefit expense in respect of HSBC Holdings’ employees in 2017 amounted to $54m (2016: $570m ). The average number of persons employed during 2017 was 55 (2016: 1,660 ). Employees who are members of defined benefit pension plans are principally members of either the HSBC Bank (UK) Pension Scheme or the HSBC International Staff Retirement Benefits Scheme. HSBC Holdings pays contributions to such plans for its own employees in accordance with the schedules of contributions determined by the trustees of the plans and recognises these contributions as an expense as they fall due. From 1 July 2016 employment costs of most employees are recognised by the ServCo group and the ServCo group started providing services to HSBC Holdings. HSBC Holdings recognised a management charge of $2,240m (2016 : $406m ) for these services which is included under ‘General and administrative expenses’. Defined benefit pension plans Net asset/(liability) under defined benefit pension plans Fair value of plan assets Present value of defined benefit obligations Effect of the asset ceiling Net defined benefit asset/(liability) Principal plan Other plans Principal plan Other plans Principal plan Other plans Principal plan Other plans $m $m $m $m $m $m $m $m At 1 Jan 2017 33,442 8,955 (29,279 ) (10,468 ) — (24 ) 4,163 (1,537 ) Current service cost — — (65 ) (160 ) — — (65 ) (160 ) Past service cost and gains/(losses) from settlements — (833 ) (231 ) 1,051 — — (231 ) 218 Service cost — (833 ) (296 ) 891 — — (296 ) 58 Net interest income/(cost) on the net defined benefit asset/(liability) 864 272 (750 ) (300 ) — (1 ) 114 (29 ) Re-measurement effects recognised in other comprehensive income 1,410 784 1,730 (486 ) — (9 ) 3,140 289 – return on plan assets (excluding interest income) 1,410 784 — — — — 1,410 784 – actuarial gains/(losses) — — 954 (491 ) — (9 ) 954 (500 ) – other changes — — 776 5 — — 776 5 Exchange differences 3,292 239 (2,723 ) (306 ) — (3 ) 569 (70 ) Contributions by HSBC 449 236 — — — — 449 236 – normal 58 215 — — — — 58 215 – special 391 21 — — — — 391 21 Contributions by employees — 27 — (27 ) — — — — Benefits paid (1,143 ) (663 ) 1,143 716 — — — 53 Administrative costs and taxes paid by plan (49 ) (17 ) 49 17 — — — — At 31 Dec 2017 38,265 9,000 (30,126 ) (9,963 ) — (37 ) 8,139 (1,000 ) Present value of defined benefit obligation relating to: – actives (5,837 ) (5,084 ) – deferreds (8,745 ) (1,663 ) – pensioners (15,544 ) (3,216 ) At 1 Jan 2016 32,670 8,754 (27,675 ) (10,651 ) — (14 ) 4,995 (1,911 ) Current service cost — — (70 ) (235 ) — — (70 ) (235 ) Past service cost and gains/(losses) from settlements — (1 ) — (39 ) — — — (40 ) Service cost — (1 ) (70 ) (274 ) — — (70 ) (275 ) Net interest income/(cost) on the net defined benefit asset/(liability) 1,085 294 (914 ) (337 ) — (1 ) 171 (44 ) Re-measurement effects recognised in other comprehensive income 6,449 671 (6,886 ) (299 ) — (8 ) (437 ) 364 – return on plan assets (excluding interest income) 6,449 671 — — — — 6,449 671 – actuarial gains/(losses) — — (7,029 ) (152 ) — (8 ) (7,029 ) (160 ) – other changes — — 143 (147 ) — — 143 (147 ) Exchange differences (6,097 ) (534 ) 5,254 410 — (1 ) (843 ) (125 ) Contributions by HSBC 347 379 — — — — 347 379 – normal 64 207 — — — — 64 207 – special 283 172 — — — — 283 172 Contributions by employees — 30 — (30 ) — — — — Benefits paid (970 ) (623 ) 970 698 — — — 75 Administrative costs and taxes paid by plan (42 ) (15 ) 42 15 — — — — At 31 Dec 2016 33,442 8,955 (29,279 ) (10,468 ) — (24 ) 4,163 (1,537 ) Present value of defined benefit obligation relating to: – actives (7,066 ) (5,066 ) – deferreds (9,219 ) (2,306 ) – pensioners (12,994 ) (3,096 ) HSBC expects to make $278 m of contributions to defined benefit pension plans during 2018. Benefits expected to be paid from the plans to retirees over each of the next five years, and in aggregate for the five years thereafter, are as follows: Benefits expected to be paid from plans 2018 2019 2020 2021 2022 2023-2027 Footnote $m $m $m $m $m $m The principal plan 1 1,241 1,279 1,320 1,360 1,402 7,692 Other plans 1 443 508 511 527 520 2,307 1 The duration of the defined benefit obligation is 17.4 years for the principal plan under the disclosure assumptions adopted (2016: 19.0 years) and 12.9 years for all other plans combined (2016: 13.9 years). Fair value of plan assets by asset classes 31 Dec 2017 31 Dec 2016 Value Quoted No quoted Thereof 1 Value Quoted No quoted Thereof 1 $m $m $m $m $m $m $m $m The principal plan Fair value of plan assets 38,265 33,624 4,641 1,006 33,442 29,379 4,063 878 – equities 6,131 5,503 628 — 5,386 4,722 664 — – bonds 26,591 26,591 — — 23,426 23,426 — — – derivatives 2,398 — 2,398 1,006 2,107 — 2,107 878 – other 3,145 1,530 1,615 — 2,523 1,231 1,292 — Other plans Fair value of plan assets 9,000 7,737 1,263 114 8,955 7,631 1,324 239 – equities 2,005 1,340 665 — 2,255 1,502 753 — – bonds 5,871 5,714 157 7 5,811 5,592 219 5 – derivatives — 39 (39 ) — (89 ) 44 (133 ) (85 ) – other 1,124 644 480 107 978 493 485 319 1 The fair value of plan assets includes derivatives entered into with HSBC Bank plc as detailed in Note 35 . Post-employment defined benefit plans’ principal actuarial financial assumptions HSBC determines the discount rates to be applied to its obligations in consultation with the plans’ local actuaries, on the basis of current average yields of high quality (AA-rated or equivalent) debt instruments with maturities consistent with those of the defined benefit obligations. Key actuarial assumptions for the principal plan Discount rate Inflation rate Rate of increase for pensions Rate of pay increase % % % % UK At 31 Dec 2017 2.60 3.40 3.10 3.88 At 31 Dec 2016 2.50 3.50 3.20 4.00 At 31 Dec 2015 3.70 3.20 3.00 3.70 Mortality tables and average life expectancy at age 65 for the principal plan Mortality table Life expectancy at age 65 for a male member currently: Life expectancy at age 65 for a female member currently: Aged 65 Aged 45 Aged 65 Aged 45 UK At 31 Dec 2017 SAPS S2 1 22.2 23.6 24.4 25.9 At 31 Dec 2016 SAPS S2 2 22.4 24.1 24.7 26.6 1 Self-administered pension scheme (‘SAPS’) S2 table (males: 'All Pensioners' version; females: 'Normal Pensions' version) with a multiplier of 0.98 for both male and female pensioners. Improvements are projected in accordance with the Continuous Mortality Investigation (‘CMI’) core projection model 2016 with a long-term rate of improvement of 1.25% per annum. Separate tables assuming lighter mortality have been applied to higher paid pensioners. 2 Self-administered pension scheme (‘SAPS’) S2 table (males: 'All Pensioners' version; females: 'Normal Pensions' version) with a multiplier of 0.98 for both male and female pensioners. Improvements are projected in accordance with the Continuous Mortality Investigation (‘CMI’) core projection model 2015 with a long-term rate of improvement of 1.25% per annum. Separate tables assuming lighter mortality have been applied to higher paid pensioners. The effect of changes in key assumptions on the principal plan Impact on HSBC Bank (UK) Pension Scheme Obligation Financial impact of increase Financial impact of decrease 2017 2016 2017 2016 $m $m $m $m Discount rate – increase/decrease of 0.25% (1,246 ) (1,322 ) 1,333 1,419 Inflation rate – increase/decrease of 0.25% 850 735 (837 ) (1,048 ) Pension payments and deferred pensions – increase/decrease of 0.25% 1,077 1,305 (1,021 ) (1,255 ) Pay – increase/decrease of 0.25% 62 143 (61 ) (139 ) Change in mortality – increase of 1 year 1,332 1,326 n/a n/a Directors’ emoluments Details of Directors’ emoluments, pensions and their interests are disclosed in the Directors’ Remuneration Report on page 186 .

Auditors' remuneration

Auditors' remuneration	12 Months Ended
	Dec. 31, 2017
Additional information [abstract]
Auditors' remuneration	6 Auditors’ remuneration 2017 2016 2015 Footnote $m $m $m Audit fees payable to PwC 1 84.8 65.7 62.0 Other audit fees payable 1.2 1.6 1.2 Year ended 31 Dec 86.0 67.3 63.2 Fees payable by HSBC to PwC 2017 2016 2015 Footnotes $m $m $m Fees for HSBC Holdings’ statutory audit 2 15.1 14.0 13.1 Fees for other services provided to HSBC 114.6 97.1 85.1 – audit of HSBC’s subsidiaries 3 69.7 51.7 48.9 – audit-related assurance services 4 22.5 20.6 16.6 – taxation compliance services 1.2 1.9 1.0 – taxation advisory services — 0.4 0.9 – other assurance services 5 3.9 4.5 2.8 – other non-audit services 5 17.3 18.0 14.9 Year ended 31 Dec 129.7 111.1 98.2 No fees were payable by HSBC to PwC as principal auditor for the following types of services: internal audit services and services related to litigation, recruitment and remuneration. Fees payable by HSBC’s associated pension schemes to PwC 2017 2016 2015 $000 $000 $000 Audit of HSBC’s associated pension schemes 260 208 352 Audit related assurance services 4 4 5 Year ended 31 Dec 264 212 357 1 The 2016 audit fees payable amount includes $4.2m related to the prior year audit in respect of overruns. 2 Fees payable to PwC for the statutory audit of the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. They include amounts payable for services relating to the consolidation returns of HSBC Holdings’ subsidiaries which are clearly identifiable as being in support of the Group audit opinion. 3 Fees payable for the statutory audit of the financial statements of HSBC’s subsidiaries, including the 2017 and 2016 changes in scope and additional procedures performed due to the technology systems and data access controls matter as described on page 210 . 4 Including services for assurance and other services that relate to statutory and regulatory filings, including comfort letters and interim reviews and work performed related to the implementation of IFRS 9. 5 Including other permitted services relating to advisory, corporate finance transactions, etc. No fees were payable by HSBC’s associated pension schemes to PwC as principal auditor for the following types of services: internal audit services, other assurance services, services related to corporate finance transactions, valuation and actuarial services, litigation, recruitment and remuneration, and information technology. In addition to the above, the estimated fees paid to PwC by third parties associated with HSBC amount to $3.5m (2016: $4.3m ; 2015: $2.4m ). In these cases, HSBC is connected with the contracting party and may therefore be involved in appointing PwC. These fees arise from services such as auditing mutual funds managed by HSBC and reviewing the financial position of corporate concerns which borrow from HSBC. Fees payable for non-audit services for HSBC Holdings are not disclosed separately because such fees are disclosed on a consolidated basis for the HSBC Group.

Tax

Tax	12 Months Ended
	Dec. 31, 2017
Income Taxes [Abstract]
Tax	7 Tax Tax expense 2017 2016 2015 Footnote $m $m $m Current tax 1 4,264 3,669 3,797 – for this year 4,115 3,525 3,882 – adjustments in respect of prior years 149 144 (85 ) Deferred tax 1,024 (3 ) (26 ) – origination and reversal of temporary differences (228 ) (111 ) (153 ) – effect of changes in tax rates 1,337 (4 ) 110 – adjustments in respect of prior years (85 ) 112 17 Year ended 31 Dec 5,288 3,666 3,771 1 Current tax included Hong Kong profits tax of $1,350m (2016: $1,118m ; 2015: $1,294m ). The Hong Kong tax rate applying to the profits of subsidiaries assessable in Hong Kong was 16.5% (2016: 16.5% ; 2015: 16.5% ). Tax reconciliation The tax charged to the income statement differs from the tax charge that would apply if all profits had been taxed at the UK corporation tax rate as follows: 2017 2016 2015 $m % $m % $m % Profit before tax 17,167 7,112 18,867 Tax expense Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 3,305 19.25 1,422 20.00 3,821 20.25 Impact of differently taxed overseas profits in overseas locations 407 2.3 43 0.6 71 0.4 Items increasing tax charge in 2017 not in 2016: – deferred tax remeasurement due to US federal tax rate reduction 1,288 7.5 — — — — Other items increasing tax charge in 2017: – local taxes and overseas withholding taxes 618 3.6 434 6.1 416 2.2 – other permanent disallowables 400 2.3 438 6.2 421 2.2 – bank levy 180 1.0 170 2.4 286 1.5 – non-deductible UK customer compensation 166 1.0 162 2.3 87 0.5 – UK banking surcharge 136 0.8 199 2.8 — — – UK tax losses not recognised 70 0.4 305 4.3 — — – adjustments in respect of prior period liabilities 64 0.4 256 3.6 (68 ) (0.4 ) – change in tax rates 49 0.3 (4 ) (0.1 ) 110 0.6 – non-UK tax losses not recognised 33 0.2 147 2.1 — — – non-deductible goodwill write-down — — 648 9.1 — — – non-deductible loss and taxes suffered on Brazil disposal — — 464 6.5 — — Items reducing tax charge in 2017: – non-taxable income and gains (766 ) (4.4 ) (577 ) (8.1 ) (501 ) (2.7 ) – effect of profits in associates and joint ventures (481 ) (2.8 ) (461 ) (6.5 ) (508 ) (2.7 ) – non-deductible regulatory settlements (132 ) (0.8 ) 20 0.3 184 1.0 – other deferred tax temporary differences previously not recognised (49 ) (0.3 ) — — (21 ) (0.1 ) – non-taxable income and gains - Industrial Bank — — — — (227 ) (1.2 ) – US deferred tax temporary differences previously not recognised — — — — (184 ) (1.0 ) – other items — — — — (116 ) (0.6 ) Year ended 31 Dec 5,288 30.8 3,666 51.6 3,771 20.0 The Group’s profits are taxed at different rates depending on the country in which the profits arise. The key applicable tax rates for 2017 include Hong Kong ( 16.5% ), the USA ( 35% ) and the UK ( 19.25% ). If the Group’s profits were taxed at the statutory rates of the countries in which the profits arose then the tax rate for the year would have been 21.15% (2016: 20.60% ). The effective tax rate for the year was 30.8% (2016: 51.6% ) and includes a charge of $1.3b n relating to the remeasurement of US deferred tax balances to reflect the reduction in the US federal tax rate to 21% from 2018. The effective tax rate for 2017 was significantly lower than for 2016 as 2016 included the impact of a non-deductible goodwill write-down and loss on disposal of our operations in Brazil, tax losses not recognised and adjustments in respect of prior periods. Accounting for taxes involves some estimation because the tax law is uncertain and its application requires a degree of judgement, which authorities may dispute. Liabilities are recognised based on best estimates of the probable outcome, taking into account external advice where appropriate. We do not expect significant liabilities to arise in excess of the amounts provided. HSBC only recognises current and deferred tax assets where recovery is probable. Movement of deferred tax assets and liabilities Loan Unused tax Derivatives, 1 and other Insurance Expense Other Total Footnote $m $m $m $m $m $m $m Assets 950 2,212 1,441 — 893 1,857 7,353 Liabilities — — (274 ) (1,170 ) — (1,369 ) (2,813 ) At 1 Jan 2017 950 2,212 1,167 (1,170 ) 893 488 4,540 Income statement (235 ) (873 ) (397 ) 12 (269 ) 738 (1,024 ) Other comprehensive income 3 (6 ) 368 — — (1,255 ) (890 ) Equity — — — — — 29 29 Foreign exchange and other adjustments (5 ) 40 51 (24 ) 19 (42 ) 39 At 31 Dec 2017 713 1,373 1,189 (1,182 ) 643 (42 ) 2,694 Assets 2 713 1,373 1,282 — 643 2,313 6,324 Liabilities 2 — — (93 ) (1,182 ) — (2,355 ) (3,630 ) Assets 1,351 1,388 1,400 — 1,271 1,050 6,460 Liabilities — — (230 ) (1,056 ) — (883 ) (2,169 ) At 1 Jan 2016 1,351 1,388 1,170 (1,056 ) 1,271 167 4,291 Income statement (279 ) 876 18 (123 ) (370 ) (314 ) (192 ) Other comprehensive income — — 28 — — 259 287 Equity — — — — — 20 20 Foreign exchange and other adjustments (122 ) (52 ) (49 ) 9 (8 ) 356 134 At 31 Dec 2016 950 2,212 1,167 (1,170 ) 893 488 4,540 Assets 2 950 2,212 1,441 — 893 1,857 7,353 Liabilities 2 — — (274 ) (1,170 ) — (1,369 ) (2,813 ) 1 Fair value of own debt. 2 After netting off balances within countries, the balances as disclosed in the accounts are as follows: deferred tax assets $4,676m (2016: $6,163m ); and deferred tax liabilities $1,982m (2016: $1,623m ). In applying judgement in recognising deferred tax assets, management has critically assessed all available information, including future business profit projections and the track record of meeting forecasts. The net deferred tax asset of $2.7b n (2016: $4.5b n) includes $3.2b n (2016: $4.8b n) of deferred tax assets relating to the US, of which $1b n relates to US tax losses that expire in 16 - 19 years. Management expects the US deferred tax asset to be substantially recovered in six to seven years, with the majority recovered in the first five years. The most recent financial forecasts approved by management covers a five -year period and the forecasts have been extrapolated beyond five years by assuming that performance remains constant after the fifth year. The US reported a loss for the prior period, mainly due to the Household International class action litigation settlement, and a profit for the current period. Excluding the Household International class action settlement the US would have reported a profit for the prior period. Management does not expect the prior period loss to adversely impact future deferred tax asset recovery to a significant extent. US tax reform enacted in late 2017 and effective from 2018 included a reduction in the federal rate of tax from 35% to 21% and the introduction of a base erosion anti-avoidance tax. The US deferred tax asset at 31 December 2017 is calculated using the rate of 21%. The remeasurement of the deferred tax asset due to the reduction in tax rate results in charges of $1.3b n to the income statement and $0.3b n to other comprehensive income. The impact of the base erosion anti-avoidance tax is currently uncertain and will depend on future regulatory guidance and actions management may take. It is not currently expected that the base erosion anti-avoidance tax will have a material impact on the Group’s future tax charges. Unrecognised deferred tax The amount of gross temporary differences, unused tax losses and tax credits for which no deferred tax asset is recognised in the balance sheet was $18.1b n (2016: $18.2b n). These amounts included unused state losses arising in the Group’s US operations of $12.3b n (2016: $12.3b n). Of the total amounts unrecognised, $4.8b n (2016: $4.9b n) had no expiry date, $0.8b n (2016: $1.0b n) was scheduled to expire within 10 years and the remaining balance is expected to expire after 10 years . Deferred tax is not recognised in respect of the Group’s investments in subsidiaries and branches where HSBC is able to control the timing of remittance or other realisation and where remittance or realisation is not probable in the foreseeable future. The aggregate temporary differences relating to unrecognised deferred tax liabilities arising on investments in subsidiaries and branches is $12.1b n (2016: $10.6b n) and the corresponding unrecognised deferred tax liability is $0.8b n (2016: $0.7b n).

Dividends

Dividends	12 Months Ended
	Dec. 31, 2017
Interim Financial Reporting [Abstract]
Dividends	8 Dividends Dividends to shareholders of the parent company 2017 2016 2015 Per Total Settled Per Total Settled Per Total Settled $ $m $m $ $m $m $ $m $m Dividends paid on ordinary shares In respect of previous year: – fourth interim dividend 0.21 4,169 1,945 0.21 4,137 408 0.20 3,845 2,011 In respect of current year: – first interim dividend 0.10 2,005 826 0.10 1,981 703 0.10 1,951 231 – second interim dividend 0.10 2,014 193 0.10 1,991 994 0.10 1,956 160 – third interim dividend 0.10 2,005 242 0.10 1,990 935 0.10 1,958 760 Total 0.51 10,193 3,206 0.51 10,099 3,040 0.50 9,710 3,162 Total dividends on preference shares classified as equity (paid quarterly) 62.00 90 62.00 90 62.00 90 Total coupons on capital securities classified as equity 2017 2016 2015 Total Total Total Footnotes First call date Per security $m $m $m Perpetual subordinated capital securities 1, 3 – $2,200m issued at 8.125% Apr 2013 $2.032 179 179 179 – $3,800m issued at 8.000% Dec 2015 $2.000 304 304 304 Perpetual subordinated contingent convertible securities 2, 3 – $1,500m issued at 5.625% Jan 2020 $56.250 84 84 70 – $2,000m issued at 6.875% Jun 2021 $68.750 138 69 — – $2,250m issued at 6.375% Sep 2024 $63.750 143 143 143 – $2,450m issued at 6.375% Mar 2025 $63.750 156 156 78 – $3,000m issued at 6.000% May 2027 $60.000 90 — — – €1,500m issued at 5.250% Sep 2022 €52.500 89 88 86 – €1,000m issued at 6.000% Sep 2023 €60.000 68 67 — – SGD1,000m issued at 4.700% Jun 2022 SGD47.000 17 — — Total 1,268 1,090 860 1 Discretionary coupons are paid quarterly on the perpetual subordinated capital securities, in denominations of $25 per security. 2 Discretionary coupons are paid semi-annually on the perpetual subordinated contingent convertible securities, in denominations of each security’s issuance currency 1,000 per security. 3 Further details of these securities can be found in Note 31 . After the end of the year, the Directors declared a fourth interim dividend in respect of the financial year ended 31 December 2017 of $0.21 per ordinary share, a distribution of approximately $4,199 m. The fourth interim dividend will be payable on 6 April 2018 to holders on the Principal Register in the UK, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register on 23 February 2018. No liability was recorded in the financial statements in respect of the fourth interim dividend for 2017. On 4 January 2018, HSBC paid a coupon on its €1,250m subordinated capital securities, representing a total distribution of €30m ( $36.3m ) . On 17 January 2018, HSBC paid a coupon on its $2,200m subordinated capital securities of $0.508 per security, a distribution of $45m . On 17 January 2018, HSBC paid a coupon on its $1,500m subordinated contingent convertible securities issued at 5.625% of $28.125 per security, a distribution of $42m . No liability was recorded in the balance sheet at 31 December 2017 in respect of these coupon payments.

Earnings per share

Earnings per share	12 Months Ended
	Dec. 31, 2017
Earnings per share [abstract]
Earning per share	9 Earnings per share Basic earnings per ordinary share is calculated by dividing the profit attributable to ordinary shareholders of the parent company by the weighted average number of ordinary shares outstanding, excluding own shares held. Diluted earnings per ordinary share is calculated by dividing the basic earnings, which require no adjustment for the effects of dilutive potential ordinary shares, by the weighted average number of ordinary shares outstanding, excluding own shares held, plus the weighted average number of ordinary shares that would be issued on conversion of dilutive potential ordinary shares. Profit attributable to the ordinary shareholders of the parent company 2017 2016 2015 $m $m $m Profit attributable to shareholders of the parent company 10,798 2,479 13,522 Dividend payable on preference shares classified as equity (90 ) (90 ) (90 ) Coupon payable on capital securities classified as equity (1,025 ) (1,090 ) (860 ) Year ended 31 Dec 9,683 1,299 12,572 Basic and diluted earnings per share 2017 2016 2015 Profit Number Per Profit Number of shares Per share Profit Number of shares Per share Footnote $m (millions) $ $m (millions) $ $m (millions) $ Basic 1 9,683 19,972 0.48 1,299 19,753 0.07 12,572 19,380 0.65 Effect of dilutive potential ordinary shares 100 92 137 Diluted 1 9,683 20,072 0.48 1,299 19,845 0.07 12,572 19,517 0.64 1 Weighted average number of ordinary shares outstanding (basic) or assuming dilution (diluted). The number of anti-dilutive employee share options excluded from the weighted average number of dilutive potential ordinary shares is nil (2016: 10m ; 2015: 7m ).

Trading assets

Trading assets	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Trading assets	10 Trading assets 2017 2016 Footnote $m $m Treasury and other eligible bills 17,532 14,451 Debt securities 107,486 94,054 Equity securities 99,260 63,604 Trading securities 224,278 172,109 Loans and advances to banks 1 26,057 24,769 Loans and advances to customers 1 37,660 38,247 At 31 Dec 287,995 235,125 1 Loans and advances to banks and customers include settlement accounts, stock borrowing, reverse repos, cash collateral and margin accounts relating to trading activities. Trading Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 15,995 17,010 UK Government 9,540 9,493 Hong Kong Government 10,070 7,970 Other governments 58,858 49,229 Asset-backed securities 3 2,986 2,668 Corporate debt and other securities 27,569 22,135 Equity securities 99,260 63,604 At 31 Dec 224,278 172,109 1 Included within these figures are debt securities issued by banks and other financial institutions of $18,585m (2016: $14,630m ), of which $906m (2016: $789m ) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies.

Fair values of financial instru

Fair values of financial instruments carried at fair value	12 Months Ended
	Dec. 31, 2017
Fair Value Measurement [Abstract]
Fair values of financial instruments carried at fair value	11 Fair values of financial instruments carried at fair value Control framework Fair values are subject to a control framework designed to ensure that they are either determined or validated by a function independent of the risk taker. Where fair values are determined by reference to externally quoted prices or observable pricing inputs to models, independent price determination or validation is used. For inactive markets, HSBC sources alternative market information, with greater weight given to information that is considered to be more relevant and reliable. Examples of the factors considered are price observability, instrument comparability, consistency of data sources, underlying data accuracy and timing of prices. For fair values determined using valuation models, the control framework includes development or validation by independent support functions of the model logic, inputs, model outputs and adjustments. Valuation models are subject to a process of due diligence before becoming operational and are calibrated against external market data on an ongoing basis. Changes in fair value are generally subject to a profit and loss analysis process and are disaggregated into high-level categories including portfolio changes, market movements and other fair value adjustments. The majority of financial instruments measured at fair value are in GB&M. GB&M’s fair value governance structure comprises its Finance function, Valuation Committees and a Valuation Committee Review Group. Finance is responsible for establishing procedures governing valuation and ensuring fair values are in compliance with accounting standards. The fair values are reviewed by the Valuation Committees, which consist of independent support functions. These Committees are overseen by the Valuation Committee Review Group, which considers all material subjective valuations. Financial liabilities measured at fair value In certain circumstances, HSBC records its own debt in issue at fair value, based on quoted prices in an active market for the specific instrument. When quoted market prices are unavailable, the own debt in issue is valued using valuation techniques, the inputs for which are either based on quoted prices in an inactive market for the instrument or are estimated by comparison with quoted prices in an active market for similar instruments. In both cases, the fair value includes the effect of applying the credit spread which is appropriate to HSBC’s liabilities. The change in fair value of issued debt securities attributable to the Group’s own credit spread is computed as follows: for each security at each reporting date, an externally verifiable price is obtained or a price is derived using credit spreads for similar securities for the same issuer. Then, using discounted cash flow, each security is valued using a Libor-based discount curve. The difference in the valuations is attributable to the Group’s own credit spread. This methodology is applied consistently across all securities. Structured notes issued and certain other hybrid instruments are included within trading liabilities and are measured at fair value. The credit spread applied to these instruments is derived from the spreads at which HSBC issues structured notes. Gains and losses arising from changes in the credit spread of liabilities issued by HSBC reverse over the contractual life of the debt, provided that the debt is not repaid at a premium or a discount. Fair value hierarchy Fair values of financial assets and liabilities are determined according to the following hierarchy: • Level 1 – valuation technique using quoted market price: financial instruments with quoted prices for identical instruments in active markets that HSBC can access at the measurement date. • Level 2 – valuation technique using observable inputs: financial instruments with quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in inactive markets and financial instruments valued using models where all significant inputs are observable. • Level 3 – valuation technique with significant unobservable inputs: financial instruments valued using valuation techniques where one or more significant inputs are unobservable. Financial instruments carried at fair value and bases of valuation 2017 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total $m $m $m $m $m $m $m $m Recurring fair value measurements Assets Trading assets 181,168 101,775 5,052 287,995 133,744 94,892 6,489 235,125 Financial assets designated at fair value 24,622 3,382 1,460 29,464 19,882 4,144 730 24,756 Derivatives 1,017 216,357 2,444 219,818 1,076 287,044 2,752 290,872 Financial investments: available for sale 227,943 104,692 3,432 336,067 274,655 111,743 3,476 389,874 Liabilities Trading liabilities 62,710 117,451 4,200 184,361 45,171 104,938 3,582 153,691 Financial liabilities designated at fair value 4,164 90,265 — 94,429 4,248 82,547 37 86,832 Derivatives 1,635 213,242 1,944 216,821 1,554 275,965 2,300 279,819 Transfers between Level 1 and Level 2 fair values Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives $m $m $m $m $m $m $m At 31 Dec 2017 Transfers from Level 1 to Level 2 2,231 1,507 — — 35 — — Transfers from Level 2 to Level 1 11,173 1,384 — — 683 — — At 31 Dec 2016 Transfers from Level 1 to Level 2 162 1,614 122 465 2,699 — 209 Transfers from Level 2 to Level 1 1,314 — — — 341 — — Transfers between levels of the fair value hierarchy are deemed to occur at the end of each semi-annual reporting period. Transfers into and out of levels of the fair value hierarchy are primarily attributable to observability of valuation inputs and price transparency. Fair value adjustments Fair value adjustments are adopted when HSBC determines there are additional factors considered by market participants that are not incorporated within the valuation model. Movements in the level of fair value adjustments do not necessarily result in the recognition of profits or losses within the income statement, such as when models are enhanced and therefore fair value adjustments may no longer be required Global Banking & Markets (‘GB&M’) and Corporate Centre fair value adjustments 2017 2016 GB&M Corporate Centre GB&M Corporate Centre $m $m $m $m Type of adjustment Risk-related 1,078 79 1,131 5 – bid-offer 413 5 416 5 – uncertainty 91 8 87 — – credit valuation adjustment (‘CVA’) 420 59 633 — – debit valuation adjustment (‘DVA’) (82 ) — (437 ) — – funding fair value adjustment (‘FFVA’) 233 7 429 — – other 3 — 3 — Model-related 92 13 14 1 – model limitation 92 6 14 1 – other — 7 — — Inception profit (Day 1 P&L reserves) (Note 14) 106 — 99 — At 31 Dec 1,276 92 1,244 6 Fair value adjustments increased by $118m during the year. Movements in CVA, DVA, FFVA and model limitations were driven by tightening credit spreads and refinements to model methodology. Fair value adjustments under Corporate Centre in 2017 include the transfer of balances on legacy positions no longer managed in GB&M. Bid-offer IFRS 13 ‘Fair value measurement’ requires use of the price within the bid-offer spread that is most representative of fair value. Valuation models will typically generate mid-market values. The bid-offer adjustment reflects the extent to which bid-offer costs would be incurred if substantially all residual net portfolio market risks were closed using available hedging instruments or by disposing of or unwinding the position. Uncertainty Certain model inputs may be less readily determinable from market data, and/or the choice of model itself may be more subjective. In these circumstances an adjustment may be necessary to reflect the likelihood that market participants would adopt more conservative values for uncertain parameters and/or model assumptions than those used in HSBC’s valuation model. Credit and debit valuation adjustments The CVA is an adjustment to the valuation of over-the-counter (‘OTC’) derivative contracts to reflect the possibility that the counterparty may default and that HSBC may not receive the full market value of the transactions. The DVA is an adjustment to the valuation of OTC derivative contracts to reflect the possibility that HSBC may default, and that it may not pay the full market value of the transactions. HSBC calculates a separate CVA and DVA for each legal entity, and for each counterparty to which the entity has exposure. With the exception of central clearing parties, all third-party counterparties are included in the CVA and DVA calculations, and these adjustments are not netted across Group entities. HSBC calculates the CVA by applying the probability of default (‘PD’) of the counterparty, conditional on the non-default of HSBC, to HSBC’s expected positive exposure to the counterparty and multiplying the result by the loss expected in the event of default. Conversely, HSBC calculates the DVA by applying the PD of HSBC, conditional on the non-default of the counterparty, to the expected positive exposure of the counterparty to HSBC and multiplying the result by the loss expected in the event of default. Both calculations are performed over the life of the potential exposure. For most products HSBC uses a simulation methodology, which incorporates a range of potential exposures over the life of the portfolio, to calculate the expected positive exposure to a counterparty. The simulation methodology includes credit mitigants, such as counterparty netting agreements and collateral agreements with the counterparty. The methodologies do not, in general, account for ‘wrong-way risk’. Wrong-way risk is an adverse correlation between the counterparty’s probability of default and the mark-to-market value of the underlying transaction. The risk can either be general, perhaps related to the currency of the issuer country, or specific to the transaction concerned. When there is significant wrong-way risk, a trade-specific approach is applied to reflect this risk in the valuation. Funding fair value adjustment The FFVA is calculated by applying future market funding spreads to the expected future funding exposure of any uncollateralised component of the OTC derivative portfolio. The expected future funding exposure is calculated by a simulation methodology, where available, and is adjusted for events that may terminate the exposure, such as the default of HSBC or the counterparty. The FFVA and DVA are calculated independently. Model limitation Models used for portfolio valuation purposes may be based upon a simplified set of assumptions that do not capture all current and future material market characteristics. In these circumstances, model limitation adjustments are adopted. Inception profit (Day 1 P&L reserves) Inception profit adjustments are adopted when the fair value estimated by a valuation model is based on one or more significant unobservable inputs. The accounting for inception profit adjustments is discussed in Note 1 . Fair value valuation bases Financial instruments measured at fair value using a valuation technique with significant unobservable inputs – Level 3 Assets Liabilities Available for sale Held for trading Designated at fair value Derivatives Total Held for trading Designated at fair value Derivatives Total $m $m $m $m $m $m $m $m $m Private equity including strategic investments 2,012 38 1,458 — 3,508 20 — — 20 Asset-backed securities 1,300 1,277 — — 2,577 — — — — Loans held for securitisation — 24 — — 24 — — — — Structured notes — 3 — — 3 4,180 — — 4,180 Derivatives with monolines — — — 113 113 — — — — Other derivatives — — — 2,331 2,331 — — 1,944 1,944 Other portfolios 120 3,710 2 — 3,832 — — — — At 31 Dec 2017 3,432 5,052 1,460 2,444 12,388 4,200 — 1,944 6,144 Private equity including strategic investments 2,435 49 712 — 3,196 25 — — 25 Asset-backed securities 761 789 — — 1,550 — — — — Loans held for securitisation — 28 — — 28 — — — — Structured notes — 2 — — 2 3,557 — — 3,557 Derivatives with monolines — — — 175 175 — — — — Other derivatives — — — 2,577 2,577 — — 2,300 2,300 Other portfolios 280 5,621 18 — 5,919 — 37 — 37 At 31 Dec 2016 3,476 6,489 730 2,752 13,447 3,582 37 2,300 5,919 Level 3 instruments are present in both ongoing and legacy businesses. Loans held for securitisation, derivatives with monolines, certain ‘other derivatives’ and predominantly all Level 3 ABSs are legacy positions. HSBC has the capability to hold these positions. Private equity including strategic investments The investment’s fair value is estimated: on the basis of an analysis of the investee’s financial position and results, risk profile, prospects and other factors; by reference to market valuations for similar entities quoted in an active market; or the price at which similar companies have changed ownership. Asset-backed securities While quoted market prices are generally used to determine the fair value of these securities, valuation models are used to substantiate the reliability of the limited market data available and to identify whether any adjustments to quoted market prices are required. For certain ABSs such as residential mortgage-backed securities, the valuation uses an industry standard model with assumptions relating to prepayment speeds, default rates and loss severity based on collateral type, and performance, as appropriate. The valuations output is benchmarked for consistency against observable data for securities of a similar nature. Structured notes The fair value of Level 3 structured notes is derived from the fair value of the underlying debt security, and the fair value of the embedded derivative is determined as described in the paragraph below on derivatives. These structured notes comprise principally equity-linked notes issued by HSBC which provide the counterparty with a return linked to the performance of equity securities and other portfolios. Examples of the unobservable parameters include long-dated equity volatilities and correlations between equity prices, and interest and foreign exchange rates. Derivatives OTC derivative valuation models calculate the present value of expected future cash flows, based upon ‘no-arbitrage’ principles. For many vanilla derivative products, the modelling approaches used are standard across the industry. For more complex derivative products, there may be some differences in market practice. Inputs to valuation models are determined from observable market data wherever possible, including prices available from exchanges, dealers, brokers or providers of consensus pricing. Certain inputs may not be observable in the market directly, but can be determined from observable prices via model calibration procedures or estimated from historical data or other sources. Reconciliation of fair value measurements in Level 3 of the fair value hierarchy Movement in Level 3 financial instruments Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives Footnote $m $m $m $m $m $m $m At 1 Jan 2017 3,476 6,489 730 2,752 3,582 37 2,300 Total gains/(losses) recognised in profit or loss 351 (188 ) (107 ) 152 154 (5 ) 400 – trading income/(expense) excluding net interest income — (188 ) — 152 154 — 400 – net income/(expense) from other financial instruments designated at fair value — — (107 ) — — (5 ) — – gains less losses from financial investments 313 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 38 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 71 106 7 188 169 1 120 – available-for-sale investments: fair value gains/(losses) (30 ) — — — — — — – cash flow hedges: fair value gains/(losses) — (1 ) 3 (23 ) — — (35 ) – exchange differences 101 107 4 211 169 1 155 Purchases 200 1,503 1,127 2 5 — 23 New issuances — — — 1 1,915 — — Sales (939 ) (3,221 ) (130 ) (8 ) (12 ) — (12 ) Settlements (69 ) (331 ) (166 ) (60 ) (998 ) — (123 ) Transfers out (565 ) (149 ) (3 ) (885 ) (678 ) (33 ) (1,030 ) Transfers in 907 843 2 302 63 — 266 At 31 Dec 2017 3,432 5,052 1,460 2,444 4,200 — 1,944 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2016 16 (110 ) (146 ) 218 (117 ) — (397 ) – trading income/(expense) excluding net interest income — (110 ) — 218 (117 ) — (397 ) – net income/(expense) from other financial instruments designated at fair value — — (146 ) — — — — – loan impairment charges and other credit risk provisions 16 — — — — — — At 1 Jan 2016 4,727 6,856 474 2,262 4,285 3 1,210 Total gains/(losses) recognised in profit or loss 178 31 25 1,107 337 (1 ) 1,428 – trading income/(expense) excluding net interest income — 31 — 1,107 337 — 1,428 – net income from other financial instruments designated at fair value — — 25 — — (1 ) — – gains less losses from financial investments 91 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 87 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 (162 ) (610 ) (8 ) (335 ) (130 ) (1 ) (240 ) – available-for-sale investments: fair value gains/(losses) 123 — — — — — — – cash flow hedges: fair value gains/(losses) — — — — — — 12 – exchange differences (285 ) (610 ) (8 ) (335 ) (130 ) (1 ) (252 ) Purchases 350 823 359 — 20 6 — New issuances — — — — 1,882 — — Sales (1,212 ) (1,760 ) (7 ) — (40 ) (2 ) — Settlements (177 ) (311 ) (113 ) (107 ) (1,907 ) — (239 ) Transfers out (947 ) (199 ) (2 ) (187 ) (920 ) — (229 ) Transfers in 719 1,659 2 12 55 32 370 At 31 Dec 2016 3,476 6,489 730 2,752 3,582 37 2,300 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2015 87 (170 ) 21 364 (143 ) 1 (335 ) – trading income/(expense) excluding net interest income — (170 ) — 364 (143 ) — (335 ) – net income from other financial instruments designated at fair value — — 21 — — 1 — – loan impairment charges and other credit risk provisions 87 — — — — — — 1 Included in ‘Available-for-sale investments: fair value gains/(losses)’ and ‘Exchange differences’ in the consolidated statement of comprehensive income. Transfers between levels of the fair value hierarchy are deemed to occur at the end of each semi-annual reporting period. Transfers into and out of Levels of the fair value hierarchy are primarily attributable to observability of valuation inputs and price transparency. Effect of changes in significant unobservable assumptions to reasonably possible alternatives Sensitivity of Level 3 fair values to reasonably possible alternative assumptions 2017 2016 Reflected in profit or loss Reflected in OCI Reflected in profit or loss Reflected in OCI Favourable Un- Favourable Un- Favourable Un- Favourable Un- Footnote $m $m $m $m $m $m $m $m Derivatives, trading assets and trading liabilities 1 372 (253 ) — — 238 (177 ) — — Financial assets and liabilities designated at fair value 89 (74 ) — — 48 (38 ) — — Financial investments: available for sale 53 (30 ) 128 (149 ) 72 (36 ) 170 (149 ) At 31 Dec 514 (357 ) 128 (149 ) 358 (251 ) 170 (149 ) 1 Derivatives, trading assets and trading liabilities are presented as one category to reflect the manner in which these instruments are risk managed. Sensitivity of Level 3 fair values to reasonably possible alternative assumptions by instrument type 2017 2016 Reflected in profit or loss Reflected in OCI Reflected in profit or loss Reflected in OCI Favourable Un- Favourable Un- Favourable Un- Favourable Un- $m $m $m $m $m $m $m $m Private equity including strategic investments 142 (105 ) 117 (102 ) 112 (73 ) 121 (106 ) Asset-backed securities 66 (39 ) 3 (39 ) 43 (15 ) 33 (27 ) Loans held for securitisation 1 (1 ) — — 1 (1 ) — — Structured notes 12 (9 ) — — 10 (7 ) — — Derivatives with monolines — — — — 3 (3 ) — — Other derivatives 249 (150 ) — — 141 (94 ) — — Other portfolios 44 (53 ) 8 (8 ) 48 (58 ) 16 (16 ) At 31 Dec 514 (357 ) 128 (149 ) 358 (251 ) 170 (149 ) The sensitivity analysis aims to measure a range of fair values consistent with the application of a 95% confidence interval. Methodologies take account of the nature of the valuation technique employed, as well as the availability and reliability of observable proxy and historical data. When the fair value of a financial instrument is affected by more than one unobservable assumption, the above table reflects the most favourable or the most unfavourable change from varying the assumptions individually. Key unobservable inputs to Level 3 financial instruments Quantitative information about significant unobservable inputs in Level 3 valuations Fair value 2017 2016 Assets Liabilities Valuation Key unobservable Full range Core range 1 Full range Core range 1 Footnotes $m $m Lower Higher Lower Higher Lower Higher Lower Higher Private equity including 3,508 20 See page 255 See page 255 n/a n/a n/a n/a n/a n/a n/a n/a Asset-backed securities 2 2,577 – CLO/CDO 520 Market proxy Prepayment rate 2 % 7 % 2 % 7 % 2% 7% 2% 7% Market proxy Bid quotes 0 101 6 53 0 101 42 94 – other ABSs 2,057 Market proxy Bid quotes 0 103 34 98 0 96 57 90 Loans held for securitisation 24 — Structured notes 3 4,180 – equity-linked notes — 4,077 Model – Equity volatility 7% 47% 14% 30% 11% 96% 16% 36% Model – Option model Equity correlation 33% 95% 45% 72% 33% 94% 46% 81% – fund-linked notes — 7 Model – Option model Fund volatility 6% 15% 6% 15% 6% 11% 6% 11% – FX-linked notes — 76 Model – Option model FX volatility 3% 20% 4% 13% 3% 29% 5% 18% – other 3 20 Derivatives with monolines 113 — Model – Discounted Credit spread 0.4% 3% 1% 3% 2% 2% 2% 2% Other derivatives 2,331 1,944 – Interest rate derivatives: securitisation swaps 285 806 Model – Discounted Prepayment 20% 90% 20% 90% 0% 90% 8% 27% long-dated swaptions 1,244 66 Model – Option model IR volatility 8% 41% 15% 31% 8% 101% 21% 39% other 302 145 – FX derivatives: FX options 86 83 Model – Option model FX volatility 0.7% 50% 5% 11% 0.6% 25% 7% 12% other 135 129 – Equity derivatives: long-dated single stock options 158 359 Model – Option model Equity volatility 7% 84% 15% 44% 11% 83% 16% 36% other 96 329 – Credit derivatives: other 25 27 Other portfolios 3,832 — – structured certificates 3,014 — Model – Discounted cash flow Credit volatility 2% 4% 2% 4% 3% 4% 3% 4% – EM corporate debt 85 — Market proxy Bid quotes 100 100 100 100 96 144 113 113 – other 3 733 — At 31 Dec 2017 12,388 6,144 1 The core range of inputs is the estimated range within which 90% of the inputs fall. 2 Collateralised loan obligation/collateralised debt obligation. 3 ‘Other’ includes a range of smaller asset holdings. Private equity including strategic investments Given the bespoke nature of the analysis in respect of each holding, it is not practical to quote a range of key unobservable inputs. Prepayment rates Prepayment rates are a measure of the anticipated future speed at which a loan portfolio will be repaid in advance of the due date. They vary according to the nature of the loan portfolio and expectations of future market conditions, and may be estimated using a variety of evidence, such as prepayment rates implied from proxy observable security prices, current or historical prepayment rates and macroeconomic modelling. Market proxy Market proxy pricing may be used for an instrument when specific market pricing is not available but there is evidence from instruments with common characteristics. In some cases it might be possible to identify a specific proxy, but more generally evidence across a wider range of instruments will be used to understand the factors that influence current market pricing and the manner of that influence. Volatility Volatility is a measure of the anticipated future variability of a market price. It varies by underlying reference market price, and by strike and maturity of the option. Certain volatilities, typically those of a longer-dated nature, are unobservable and are estimated from observable data. The range of unobservable volatilities reflects the wide variation in volatility inputs by reference market price. The core range is significantly narrower than the full range because these examples with extreme volatilities occur relatively rarely within the HSBC portfolio. Correlation Correlation is a measure of the inter-relationship between two market prices and is expressed as a number between minus one and one. It is used to value more complex instruments where the payout is dependent upon more than one market price. There is a wide range of instruments for which correlation is an input, and consequently a wide range of both same-asset correlations and cross-asset correlations is used. In general, the range of same-asset correlations will be narrower than the range of cross-asset correlations. Unobservable correlations may be estimated based upon a range of evidence, including consensus pricing services, HSBC trade prices, proxy correlations and examination of historical price relationships. The range of unobservable correlations quoted in the table reflects the wide variation in correlation inputs by market price pair. Credit spread Credit spread is the premium over a benchmark interest rate required by the market to accept lower credit quality. In a discounted cash flow model, the credit spread increases the discount factors applied to future cash flows, thereby reducing the value of an asset. Credit spreads may be implied from market prices and may not be observable in more illiquid markets. Inter-relationships between key unobservable inputs Key unobservable inputs to Level 3 financial instruments may not be independent of each other. As described above, market variables may be correlated. This correlation typically reflects the manner in which different markets tend to react to macroeconomic or other events. Furthermore, the effect of changing market variables on the HSBC portfolio will depend on HSBC’s net risk position in respect of each variable. HSBC Holdings Basis of valuing HSBC Holdings’ financial assets and liabilities measured at fair value 2017 2016 $m $m Valuation technique using observable inputs: Level 2 Assets at 31 Dec – derivatives 2,388 2,148 – financial investments in HSBC undertakings 4,264 3,590 – loans and advances to HSBC undertakings designated at fair value 11,944 — Liabilities at 31 Dec – designated at fair value 30,890 30,113 – derivatives 3,082 5,025 12 Fair values of financial instruments not carried at fair value Fair values of financial instruments not carried at fair value and bases of valuation Fair value Carrying Quoted market Observable Significant Total $m $m $m $m $m At 31 Dec 2017 Assets Loans and advances to banks 90,393 — 87,384 3,007 90,391 Loans and advances to customers 962,964 — 20,029 944,176 964,205 Reverse repurchase agreements – non-trading 201,553 — 200,012 1,526 201,538 Financial investments – debt securities 52,919 1,363 52,707 17 54,087 Liabilities Deposits by banks 69,922 — 69,862 30 69,892 Customer accounts 1,364,462 — 1,353,017 11,608 1,364,625 Repurchase agreements – non-trading 130,002 1 129,995 — 129,996 Debt securities in issue 64,546 — 65,138 — 65,138 Subordinated liabilities 19,826 — 23,740 355 24,095 At 31 Dec 2016 Assets Loans and advances to banks 88,126 — 85,568 2,572 88,140 Loans and advances to customers 861,504 — 15,670 845,894 861,564 Reverse repurchase agreements – non-trading 160,974 — 159,504 1,527 161,031 Financial investments – debt securities 46,923 1,190 46,014 19 47,223 Liabilities Deposits by banks 59,939 — 59,883 42 59,925 Customer accounts 1,272,386 — 1,262,540 10,136 1,272,676 Repurchase agreements – non-trading 88,958 — 88,939 — 88,939 Debt securities in issue 65,915 — 66,386 — 66,386 Subordinated liabilities 20,984 — 23,264 292 23,556 Other financial instruments not carried at fair value are typically short-term in nature and reprice to current market rates frequently. Accordingly, their carrying amount is a reasonable approximation of fair value. They include cash and balances at central banks, items in the course of collection from and transmission to other banks, Hong Kong Government certificates of indebtedness and Hong Kong currency notes in circulation, all of which are measured at amortised cost. Carrying amount and fair value of loans and advances to customers by industry sector Carrying amount Fair value Not Impaired Impaired Total Not Impaired Impaired Total $m $m $m $m $m $m Loans and advances to customers – personal 370,842 3,920 374,762 371,131 3,257 374,388 – corporate and commercial 510,784 5,970 516,754 512,597 5,769 518,366 – financial 71,377 71 71,448 71,351 100 71,451 At 31 Dec 2017 953,003 9,961 962,964 955,079 9,126 964,205 Loans and advances to customers – personal 332,574 5,252 337,826 330,167 4,597 334,764 – corporate and commercial 453,151 7,058 460,209 456,816 6,393 463,209 – financial 63,316 153 63,469 63,411 180 63,591 At 31 Dec 2016 849,041 12,463 861,504 850,394 11,170 861,564 Loans and advances to customers are classified as not impaired or impaired in accordance with the criteria described on page 126 . Valuation Fair value is an estimate of the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It does not reflect the economic benefits and costs that HSBC expects to flow from an instrument’s cash flow over its expected future life. Our valuation methodologies and assumptions in determining fair values for which no observable market prices are available may differ from those of other companies. Loans and advances to banks and customers To determine the fair value of loans and advances to banks and customers, loans are segregated, as far as possible, into portfolios of similar characteristics. Fair values are based on observable market transactions, when available. When they are unavailable, fair values are estimated using valuation models incorporating a range of input assumptions. These assumptions may include: value estimates from third-party brokers reflecting over-the-counter trading activity; forward-looking discounted cash flow models, taking account of expected customer prepayment rates, using assumptions that HSBC believes are consistent with those that would be used by market participants in valuing such loans; new business rates estimates for similar loans; and trading inputs from other market participants including observed primary and secondary trades. From time to time, we may engage a third-party valuation specialist to measure the fair value of a pool of loans. The fair value of loans reflects impairments at the balance sheet date and estimates of market participants’ expectations of credit losses over the life of the loans, and the fair value effect of repricing between origination and the balance sheet date. For impaired loans, fair value is estimated by discounting the future cash flows over the time period they are expected to be recovered. Financial investments The fair values of listed financial investments are determined using bid market prices. The fair values of unlisted financial investments are determined using valuation techniques that incorporate the prices and future earnings streams of equivalent quoted securities. Deposits by banks and customer accounts The fair values of on-demand deposits are approximated by their carrying value. For deposits with longer-term maturities, fair values are estimated using discounted cash flows, applying current rates offered for deposits of similar remaining maturities. Debt securities in issue and subordinated liabilities Fair values are determined using quoted market prices at the balance sheet date where available, or by reference to quoted market prices for similar instruments. Repurchase and reverse repurchase agreements – non-trading Fair values approximate carrying amounts as balances are generally short dated. HSBC Holdings The methods used by HSBC Holdings to determine fair values of financial instruments for the purposes of measurement and disclosure are described above. Fair values of HSBC Holdings’ financial instruments not carried at fair value on the balance sheet 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Assets at 31 Dec Loans and advances to HSBC undertakings 76,627 78,534 77,421 79,985 Liabilities at 31 Dec Amounts owed to HSBC undertakings 2,571 2,571 2,157 2,156 Debt securities in issue 34,258 36,611 21,805 23,147 Subordinated liabilities 15,877 19,596 15,189 17,715 1 Fair values were determined using valuation techniques with observable inputs (Level 2).

Fair values of financial inst20

Fair values of financial instruments not carried at fair value	12 Months Ended
	Dec. 31, 2017
Fair Value Measurement [Abstract]
Fair values of financial instruments not carried at fair value	11 Fair values of financial instruments carried at fair value Control framework Fair values are subject to a control framework designed to ensure that they are either determined or validated by a function independent of the risk taker. Where fair values are determined by reference to externally quoted prices or observable pricing inputs to models, independent price determination or validation is used. For inactive markets, HSBC sources alternative market information, with greater weight given to information that is considered to be more relevant and reliable. Examples of the factors considered are price observability, instrument comparability, consistency of data sources, underlying data accuracy and timing of prices. For fair values determined using valuation models, the control framework includes development or validation by independent support functions of the model logic, inputs, model outputs and adjustments. Valuation models are subject to a process of due diligence before becoming operational and are calibrated against external market data on an ongoing basis. Changes in fair value are generally subject to a profit and loss analysis process and are disaggregated into high-level categories including portfolio changes, market movements and other fair value adjustments. The majority of financial instruments measured at fair value are in GB&M. GB&M’s fair value governance structure comprises its Finance function, Valuation Committees and a Valuation Committee Review Group. Finance is responsible for establishing procedures governing valuation and ensuring fair values are in compliance with accounting standards. The fair values are reviewed by the Valuation Committees, which consist of independent support functions. These Committees are overseen by the Valuation Committee Review Group, which considers all material subjective valuations. Financial liabilities measured at fair value In certain circumstances, HSBC records its own debt in issue at fair value, based on quoted prices in an active market for the specific instrument. When quoted market prices are unavailable, the own debt in issue is valued using valuation techniques, the inputs for which are either based on quoted prices in an inactive market for the instrument or are estimated by comparison with quoted prices in an active market for similar instruments. In both cases, the fair value includes the effect of applying the credit spread which is appropriate to HSBC’s liabilities. The change in fair value of issued debt securities attributable to the Group’s own credit spread is computed as follows: for each security at each reporting date, an externally verifiable price is obtained or a price is derived using credit spreads for similar securities for the same issuer. Then, using discounted cash flow, each security is valued using a Libor-based discount curve. The difference in the valuations is attributable to the Group’s own credit spread. This methodology is applied consistently across all securities. Structured notes issued and certain other hybrid instruments are included within trading liabilities and are measured at fair value. The credit spread applied to these instruments is derived from the spreads at which HSBC issues structured notes. Gains and losses arising from changes in the credit spread of liabilities issued by HSBC reverse over the contractual life of the debt, provided that the debt is not repaid at a premium or a discount. Fair value hierarchy Fair values of financial assets and liabilities are determined according to the following hierarchy: • Level 1 – valuation technique using quoted market price: financial instruments with quoted prices for identical instruments in active markets that HSBC can access at the measurement date. • Level 2 – valuation technique using observable inputs: financial instruments with quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in inactive markets and financial instruments valued using models where all significant inputs are observable. • Level 3 – valuation technique with significant unobservable inputs: financial instruments valued using valuation techniques where one or more significant inputs are unobservable. Financial instruments carried at fair value and bases of valuation 2017 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total $m $m $m $m $m $m $m $m Recurring fair value measurements Assets Trading assets 181,168 101,775 5,052 287,995 133,744 94,892 6,489 235,125 Financial assets designated at fair value 24,622 3,382 1,460 29,464 19,882 4,144 730 24,756 Derivatives 1,017 216,357 2,444 219,818 1,076 287,044 2,752 290,872 Financial investments: available for sale 227,943 104,692 3,432 336,067 274,655 111,743 3,476 389,874 Liabilities Trading liabilities 62,710 117,451 4,200 184,361 45,171 104,938 3,582 153,691 Financial liabilities designated at fair value 4,164 90,265 — 94,429 4,248 82,547 37 86,832 Derivatives 1,635 213,242 1,944 216,821 1,554 275,965 2,300 279,819 Transfers between Level 1 and Level 2 fair values Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives $m $m $m $m $m $m $m At 31 Dec 2017 Transfers from Level 1 to Level 2 2,231 1,507 — — 35 — — Transfers from Level 2 to Level 1 11,173 1,384 — — 683 — — At 31 Dec 2016 Transfers from Level 1 to Level 2 162 1,614 122 465 2,699 — 209 Transfers from Level 2 to Level 1 1,314 — — — 341 — — Transfers between levels of the fair value hierarchy are deemed to occur at the end of each semi-annual reporting period. Transfers into and out of levels of the fair value hierarchy are primarily attributable to observability of valuation inputs and price transparency. Fair value adjustments Fair value adjustments are adopted when HSBC determines there are additional factors considered by market participants that are not incorporated within the valuation model. Movements in the level of fair value adjustments do not necessarily result in the recognition of profits or losses within the income statement, such as when models are enhanced and therefore fair value adjustments may no longer be required Global Banking & Markets (‘GB&M’) and Corporate Centre fair value adjustments 2017 2016 GB&M Corporate Centre GB&M Corporate Centre $m $m $m $m Type of adjustment Risk-related 1,078 79 1,131 5 – bid-offer 413 5 416 5 – uncertainty 91 8 87 — – credit valuation adjustment (‘CVA’) 420 59 633 — – debit valuation adjustment (‘DVA’) (82 ) — (437 ) — – funding fair value adjustment (‘FFVA’) 233 7 429 — – other 3 — 3 — Model-related 92 13 14 1 – model limitation 92 6 14 1 – other — 7 — — Inception profit (Day 1 P&L reserves) (Note 14) 106 — 99 — At 31 Dec 1,276 92 1,244 6 Fair value adjustments increased by $118m during the year. Movements in CVA, DVA, FFVA and model limitations were driven by tightening credit spreads and refinements to model methodology. Fair value adjustments under Corporate Centre in 2017 include the transfer of balances on legacy positions no longer managed in GB&M. Bid-offer IFRS 13 ‘Fair value measurement’ requires use of the price within the bid-offer spread that is most representative of fair value. Valuation models will typically generate mid-market values. The bid-offer adjustment reflects the extent to which bid-offer costs would be incurred if substantially all residual net portfolio market risks were closed using available hedging instruments or by disposing of or unwinding the position. Uncertainty Certain model inputs may be less readily determinable from market data, and/or the choice of model itself may be more subjective. In these circumstances an adjustment may be necessary to reflect the likelihood that market participants would adopt more conservative values for uncertain parameters and/or model assumptions than those used in HSBC’s valuation model. Credit and debit valuation adjustments The CVA is an adjustment to the valuation of over-the-counter (‘OTC’) derivative contracts to reflect the possibility that the counterparty may default and that HSBC may not receive the full market value of the transactions. The DVA is an adjustment to the valuation of OTC derivative contracts to reflect the possibility that HSBC may default, and that it may not pay the full market value of the transactions. HSBC calculates a separate CVA and DVA for each legal entity, and for each counterparty to which the entity has exposure. With the exception of central clearing parties, all third-party counterparties are included in the CVA and DVA calculations, and these adjustments are not netted across Group entities. HSBC calculates the CVA by applying the probability of default (‘PD’) of the counterparty, conditional on the non-default of HSBC, to HSBC’s expected positive exposure to the counterparty and multiplying the result by the loss expected in the event of default. Conversely, HSBC calculates the DVA by applying the PD of HSBC, conditional on the non-default of the counterparty, to the expected positive exposure of the counterparty to HSBC and multiplying the result by the loss expected in the event of default. Both calculations are performed over the life of the potential exposure. For most products HSBC uses a simulation methodology, which incorporates a range of potential exposures over the life of the portfolio, to calculate the expected positive exposure to a counterparty. The simulation methodology includes credit mitigants, such as counterparty netting agreements and collateral agreements with the counterparty. The methodologies do not, in general, account for ‘wrong-way risk’. Wrong-way risk is an adverse correlation between the counterparty’s probability of default and the mark-to-market value of the underlying transaction. The risk can either be general, perhaps related to the currency of the issuer country, or specific to the transaction concerned. When there is significant wrong-way risk, a trade-specific approach is applied to reflect this risk in the valuation. Funding fair value adjustment The FFVA is calculated by applying future market funding spreads to the expected future funding exposure of any uncollateralised component of the OTC derivative portfolio. The expected future funding exposure is calculated by a simulation methodology, where available, and is adjusted for events that may terminate the exposure, such as the default of HSBC or the counterparty. The FFVA and DVA are calculated independently. Model limitation Models used for portfolio valuation purposes may be based upon a simplified set of assumptions that do not capture all current and future material market characteristics. In these circumstances, model limitation adjustments are adopted. Inception profit (Day 1 P&L reserves) Inception profit adjustments are adopted when the fair value estimated by a valuation model is based on one or more significant unobservable inputs. The accounting for inception profit adjustments is discussed in Note 1 . Fair value valuation bases Financial instruments measured at fair value using a valuation technique with significant unobservable inputs – Level 3 Assets Liabilities Available for sale Held for trading Designated at fair value Derivatives Total Held for trading Designated at fair value Derivatives Total $m $m $m $m $m $m $m $m $m Private equity including strategic investments 2,012 38 1,458 — 3,508 20 — — 20 Asset-backed securities 1,300 1,277 — — 2,577 — — — — Loans held for securitisation — 24 — — 24 — — — — Structured notes — 3 — — 3 4,180 — — 4,180 Derivatives with monolines — — — 113 113 — — — — Other derivatives — — — 2,331 2,331 — — 1,944 1,944 Other portfolios 120 3,710 2 — 3,832 — — — — At 31 Dec 2017 3,432 5,052 1,460 2,444 12,388 4,200 — 1,944 6,144 Private equity including strategic investments 2,435 49 712 — 3,196 25 — — 25 Asset-backed securities 761 789 — — 1,550 — — — — Loans held for securitisation — 28 — — 28 — — — — Structured notes — 2 — — 2 3,557 — — 3,557 Derivatives with monolines — — — 175 175 — — — — Other derivatives — — — 2,577 2,577 — — 2,300 2,300 Other portfolios 280 5,621 18 — 5,919 — 37 — 37 At 31 Dec 2016 3,476 6,489 730 2,752 13,447 3,582 37 2,300 5,919 Level 3 instruments are present in both ongoing and legacy businesses. Loans held for securitisation, derivatives with monolines, certain ‘other derivatives’ and predominantly all Level 3 ABSs are legacy positions. HSBC has the capability to hold these positions. Private equity including strategic investments The investment’s fair value is estimated: on the basis of an analysis of the investee’s financial position and results, risk profile, prospects and other factors; by reference to market valuations for similar entities quoted in an active market; or the price at which similar companies have changed ownership. Asset-backed securities While quoted market prices are generally used to determine the fair value of these securities, valuation models are used to substantiate the reliability of the limited market data available and to identify whether any adjustments to quoted market prices are required. For certain ABSs such as residential mortgage-backed securities, the valuation uses an industry standard model with assumptions relating to prepayment speeds, default rates and loss severity based on collateral type, and performance, as appropriate. The valuations output is benchmarked for consistency against observable data for securities of a similar nature. Structured notes The fair value of Level 3 structured notes is derived from the fair value of the underlying debt security, and the fair value of the embedded derivative is determined as described in the paragraph below on derivatives. These structured notes comprise principally equity-linked notes issued by HSBC which provide the counterparty with a return linked to the performance of equity securities and other portfolios. Examples of the unobservable parameters include long-dated equity volatilities and correlations between equity prices, and interest and foreign exchange rates. Derivatives OTC derivative valuation models calculate the present value of expected future cash flows, based upon ‘no-arbitrage’ principles. For many vanilla derivative products, the modelling approaches used are standard across the industry. For more complex derivative products, there may be some differences in market practice. Inputs to valuation models are determined from observable market data wherever possible, including prices available from exchanges, dealers, brokers or providers of consensus pricing. Certain inputs may not be observable in the market directly, but can be determined from observable prices via model calibration procedures or estimated from historical data or other sources. Reconciliation of fair value measurements in Level 3 of the fair value hierarchy Movement in Level 3 financial instruments Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives Footnote $m $m $m $m $m $m $m At 1 Jan 2017 3,476 6,489 730 2,752 3,582 37 2,300 Total gains/(losses) recognised in profit or loss 351 (188 ) (107 ) 152 154 (5 ) 400 – trading income/(expense) excluding net interest income — (188 ) — 152 154 — 400 – net income/(expense) from other financial instruments designated at fair value — — (107 ) — — (5 ) — – gains less losses from financial investments 313 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 38 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 71 106 7 188 169 1 120 – available-for-sale investments: fair value gains/(losses) (30 ) — — — — — — – cash flow hedges: fair value gains/(losses) — (1 ) 3 (23 ) — — (35 ) – exchange differences 101 107 4 211 169 1 155 Purchases 200 1,503 1,127 2 5 — 23 New issuances — — — 1 1,915 — — Sales (939 ) (3,221 ) (130 ) (8 ) (12 ) — (12 ) Settlements (69 ) (331 ) (166 ) (60 ) (998 ) — (123 ) Transfers out (565 ) (149 ) (3 ) (885 ) (678 ) (33 ) (1,030 ) Transfers in 907 843 2 302 63 — 266 At 31 Dec 2017 3,432 5,052 1,460 2,444 4,200 — 1,944 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2016 16 (110 ) (146 ) 218 (117 ) — (397 ) – trading income/(expense) excluding net interest income — (110 ) — 218 (117 ) — (397 ) – net income/(expense) from other financial instruments designated at fair value — — (146 ) — — — — – loan impairment charges and other credit risk provisions 16 — — — — — — At 1 Jan 2016 4,727 6,856 474 2,262 4,285 3 1,210 Total gains/(losses) recognised in profit or loss 178 31 25 1,107 337 (1 ) 1,428 – trading income/(expense) excluding net interest income — 31 — 1,107 337 — 1,428 – net income from other financial instruments designated at fair value — — 25 — — (1 ) — – gains less losses from financial investments 91 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 87 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 (162 ) (610 ) (8 ) (335 ) (130 ) (1 ) (240 ) – available-for-sale investments: fair value gains/(losses) 123 — — — — — — – cash flow hedges: fair value gains/(losses) — — — — — — 12 – exchange differences (285 ) (610 ) (8 ) (335 ) (130 ) (1 ) (252 ) Purchases 350 823 359 — 20 6 — New issuances — — — — 1,882 — — Sales (1,212 ) (1,760 ) (7 ) — (40 ) (2 ) — Settlements (177 ) (311 ) (113 ) (107 ) (1,907 ) — (239 ) Transfers out (947 ) (199 ) (2 ) (187 ) (920 ) — (229 ) Transfers in 719 1,659 2 12 55 32 370 At 31 Dec 2016 3,476 6,489 730 2,752 3,582 37 2,300 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2015 87 (170 ) 21 364 (143 ) 1 (335 ) – trading income/(expense) excluding net interest income — (170 ) — 364 (143 ) — (335 ) – net income from other financial instruments designated at fair value — — 21 — — 1 — – loan impairment charges and other credit risk provisions 87 — — — — — — 1 Included in ‘Available-for-sale investments: fair value gains/(losses)’ and ‘Exchange differences’ in the consolidated statement of comprehensive income. Transfers between levels of the fair value hierarchy are deemed to occur at the end of each semi-annual reporting period. Transfers into and out of Levels of the fair value hierarchy are primarily attributable to observability of valuation inputs and price transparency. Effect of changes in significant unobservable assumptions to reasonably possible alternatives Sensitivity of Level 3 fair values to reasonably possible alternative assumptions 2017 2016 Reflected in profit or loss Reflected in OCI Reflected in profit or loss Reflected in OCI Favourable Un- Favourable Un- Favourable Un- Favourable Un- Footnote $m $m $m $m $m $m $m $m Derivatives, trading assets and trading liabilities 1 372 (253 ) — — 238 (177 ) — — Financial assets and liabilities designated at fair value 89 (74 ) — — 48 (38 ) — — Financial investments: available for sale 53 (30 ) 128 (149 ) 72 (36 ) 170 (149 ) At 31 Dec 514 (357 ) 128 (149 ) 358 (251 ) 170 (149 ) 1 Derivatives, trading assets and trading liabilities are presented as one category to reflect the manner in which these instruments are risk managed. Sensitivity of Level 3 fair values to reasonably possible alternative assumptions by instrument type 2017 2016 Reflected in profit or loss Reflected in OCI Reflected in profit or loss Reflected in OCI Favourable Un- Favourable Un- Favourable Un- Favourable Un- $m $m $m $m $m $m $m $m Private equity including strategic investments 142 (105 ) 117 (102 ) 112 (73 ) 121 (106 ) Asset-backed securities 66 (39 ) 3 (39 ) 43 (15 ) 33 (27 ) Loans held for securitisation 1 (1 ) — — 1 (1 ) — — Structured notes 12 (9 ) — — 10 (7 ) — — Derivatives with monolines — — — — 3 (3 ) — — Other derivatives 249 (150 ) — — 141 (94 ) — — Other portfolios 44 (53 ) 8 (8 ) 48 (58 ) 16 (16 ) At 31 Dec 514 (357 ) 128 (149 ) 358 (251 ) 170 (149 ) The sensitivity analysis aims to measure a range of fair values consistent with the application of a 95% confidence interval. Methodologies take account of the nature of the valuation technique employed, as well as the availability and reliability of observable proxy and historical data. When the fair value of a financial instrument is affected by more than one unobservable assumption, the above table reflects the most favourable or the most unfavourable change from varying the assumptions individually. Key unobservable inputs to Level 3 financial instruments Quantitative information about significant unobservable inputs in Level 3 valuations Fair value 2017 2016 Assets Liabilities Valuation Key unobservable Full range Core range 1 Full range Core range 1 Footnotes $m $m Lower Higher Lower Higher Lower Higher Lower Higher Private equity including 3,508 20 See page 255 See page 255 n/a n/a n/a n/a n/a n/a n/a n/a Asset-backed securities 2 2,577 – CLO/CDO 520 Market proxy Prepayment rate 2 % 7 % 2 % 7 % 2% 7% 2% 7% Market proxy Bid quotes 0 101 6 53 0 101 42 94 – other ABSs 2,057 Market proxy Bid quotes 0 103 34 98 0 96 57 90 Loans held for securitisation 24 — Structured notes 3 4,180 – equity-linked notes — 4,077 Model – Equity volatility 7% 47% 14% 30% 11% 96% 16% 36% Model – Option model Equity correlation 33% 95% 45% 72% 33% 94% 46% 81% – fund-linked notes — 7 Model – Option model Fund volatility 6% 15% 6% 15% 6% 11% 6% 11% – FX-linked notes — 76 Model – Option model FX volatility 3% 20% 4% 13% 3% 29% 5% 18% – other 3 20 Derivatives with monolines 113 — Model – Discounted Credit spread 0.4% 3% 1% 3% 2% 2% 2% 2% Other derivatives 2,331 1,944 – Interest rate derivatives: securitisation swaps 285 806 Model – Discounted Prepayment 20% 90% 20% 90% 0% 90% 8% 27% long-dated swaptions 1,244 66 Model – Option model IR volatility 8% 41% 15% 31% 8% 101% 21% 39% other 302 145 – FX derivatives: FX options 86 83 Model – Option model FX volatility 0.7% 50% 5% 11% 0.6% 25% 7% 12% other 135 129 – Equity derivatives: long-dated single stock options 158 359 Model – Option model Equity volatility 7% 84% 15% 44% 11% 83% 16% 36% other 96 329 – Credit derivatives: other 25 27 Other portfolios 3,832 — – structured certificates 3,014 — Model – Discounted cash flow Credit volatility 2% 4% 2% 4% 3% 4% 3% 4% – EM corporate debt 85 — Market proxy Bid quotes 100 100 100 100 96 144 113 113 – other 3 733 — At 31 Dec 2017 12,388 6,144 1 The core range of inputs is the estimated range within which 90% of the inputs fall. 2 Collateralised loan obligation/collateralised debt obligation. 3 ‘Other’ includes a range of smaller asset holdings. Private equity including strategic investments Given the bespoke nature of the analysis in respect of each holding, it is not practical to quote a range of key unobservable inputs. Prepayment rates Prepayment rates are a measure of the anticipated future speed at which a loan portfolio will be repaid in advance of the due date. They vary according to the nature of the loan portfolio and expectations of future market conditions, and may be estimated using a variety of evidence, such as prepayment rates implied from proxy observable security prices, current or historical prepayment rates and macroeconomic modelling. Market proxy Market proxy pricing may be used for an instrument when specific market pricing is not available but there is evidence from instruments with common characteristics. In some cases it might be possible to identify a specific proxy, but more generally evidence across a wider range of instruments will be used to understand the factors that influence current market pricing and the manner of that influence. Volatility Volatility is a measure of the anticipated future variability of a market price. It varies by underlying reference market price, and by strike and maturity of the option. Certain volatilities, typically those of a longer-dated nature, are unobservable and are estimated from observable data. The range of unobservable volatilities reflects the wide variation in volatility inputs by reference market price. The core range is significantly narrower than the full range because these examples with extreme volatilities occur relatively rarely within the HSBC portfolio. Correlation Correlation is a measure of the inter-relationship between two market prices and is expressed as a number between minus one and one. It is used to value more complex instruments where the payout is dependent upon more than one market price. There is a wide range of instruments for which correlation is an input, and consequently a wide range of both same-asset correlations and cross-asset correlations is used. In general, the range of same-asset correlations will be narrower than the range of cross-asset correlations. Unobservable correlations may be estimated based upon a range of evidence, including consensus pricing services, HSBC trade prices, proxy correlations and examination of historical price relationships. The range of unobservable correlations quoted in the table reflects the wide variation in correlation inputs by market price pair. Credit spread Credit spread is the premium over a benchmark interest rate required by the market to accept lower credit quality. In a discounted cash flow model, the credit spread increases the discount factors applied to future cash flows, thereby reducing the value of an asset. Credit spreads may be implied from market prices and may not be observable in more illiquid markets. Inter-relationships between key unobservable inputs Key unobservable inputs to Level 3 financial instruments may not be independent of each other. As described above, market variables may be correlated. This correlation typically reflects the manner in which different markets tend to react to macroeconomic or other events. Furthermore, the effect of changing market variables on the HSBC portfolio will depend on HSBC’s net risk position in respect of each variable. HSBC Holdings Basis of valuing HSBC Holdings’ financial assets and liabilities measured at fair value 2017 2016 $m $m Valuation technique using observable inputs: Level 2 Assets at 31 Dec – derivatives 2,388 2,148 – financial investments in HSBC undertakings 4,264 3,590 – loans and advances to HSBC undertakings designated at fair value 11,944 — Liabilities at 31 Dec – designated at fair value 30,890 30,113 – derivatives 3,082 5,025 12 Fair values of financial instruments not carried at fair value Fair values of financial instruments not carried at fair value and bases of valuation Fair value Carrying Quoted market Observable Significant Total $m $m $m $m $m At 31 Dec 2017 Assets Loans and advances to banks 90,393 — 87,384 3,007 90,391 Loans and advances to customers 962,964 — 20,029 944,176 964,205 Reverse repurchase agreements – non-trading 201,553 — 200,012 1,526 201,538 Financial investments – debt securities 52,919 1,363 52,707 17 54,087 Liabilities Deposits by banks 69,922 — 69,862 30 69,892 Customer accounts 1,364,462 — 1,353,017 11,608 1,364,625 Repurchase agreements – non-trading 130,002 1 129,995 — 129,996 Debt securities in issue 64,546 — 65,138 — 65,138 Subordinated liabilities 19,826 — 23,740 355 24,095 At 31 Dec 2016 Assets Loans and advances to banks 88,126 — 85,568 2,572 88,140 Loans and advances to customers 861,504 — 15,670 845,894 861,564 Reverse repurchase agreements – non-trading 160,974 — 159,504 1,527 161,031 Financial investments – debt securities 46,923 1,190 46,014 19 47,223 Liabilities Deposits by banks 59,939 — 59,883 42 59,925 Customer accounts 1,272,386 — 1,262,540 10,136 1,272,676 Repurchase agreements – non-trading 88,958 — 88,939 — 88,939 Debt securities in issue 65,915 — 66,386 — 66,386 Subordinated liabilities 20,984 — 23,264 292 23,556 Other financial instruments not carried at fair value are typically short-term in nature and reprice to current market rates frequently. Accordingly, their carrying amount is a reasonable approximation of fair value. They include cash and balances at central banks, items in the course of collection from and transmission to other banks, Hong Kong Government certificates of indebtedness and Hong Kong currency notes in circulation, all of which are measured at amortised cost. Carrying amount and fair value of loans and advances to customers by industry sector Carrying amount Fair value Not Impaired Impaired Total Not Impaired Impaired Total $m $m $m $m $m $m Loans and advances to customers – personal 370,842 3,920 374,762 371,131 3,257 374,388 – corporate and commercial 510,784 5,970 516,754 512,597 5,769 518,366 – financial 71,377 71 71,448 71,351 100 71,451 At 31 Dec 2017 953,003 9,961 962,964 955,079 9,126 964,205 Loans and advances to customers – personal 332,574 5,252 337,826 330,167 4,597 334,764 – corporate and commercial 453,151 7,058 460,209 456,816 6,393 463,209 – financial 63,316 153 63,469 63,411 180 63,591 At 31 Dec 2016 849,041 12,463 861,504 850,394 11,170 861,564 Loans and advances to customers are classified as not impaired or impaired in accordance with the criteria described on page 126 . Valuation Fair value is an estimate of the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It does not reflect the economic benefits and costs that HSBC expects to flow from an instrument’s cash flow over its expected future life. Our valuation methodologies and assumptions in determining fair values for which no observable market prices are available may differ from those of other companies. Loans and advances to banks and customers To determine the fair value of loans and advances to banks and customers, loans are segregated, as far as possible, into portfolios of similar characteristics. Fair values are based on observable market transactions, when available. When they are unavailable, fair values are estimated using valuation models incorporating a range of input assumptions. These assumptions may include: value estimates from third-party brokers reflecting over-the-counter trading activity; forward-looking discounted cash flow models, taking account of expected customer prepayment rates, using assumptions that HSBC believes are consistent with those that would be used by market participants in valuing such loans; new business rates estimates for similar loans; and trading inputs from other market participants including observed primary and secondary trades. From time to time, we may engage a third-party valuation specialist to measure the fair value of a pool of loans. The fair value of loans reflects impairments at the balance sheet date and estimates of market participants’ expectations of credit losses over the life of the loans, and the fair value effect of repricing between origination and the balance sheet date. For impaired loans, fair value is estimated by discounting the future cash flows over the time period they are expected to be recovered. Financial investments The fair values of listed financial investments are determined using bid market prices. The fair values of unlisted financial investments are determined using valuation techniques that incorporate the prices and future earnings streams of equivalent quoted securities. Deposits by banks and customer accounts The fair values of on-demand deposits are approximated by their carrying value. For deposits with longer-term maturities, fair values are estimated using discounted cash flows, applying current rates offered for deposits of similar remaining maturities. Debt securities in issue and subordinated liabilities Fair values are determined using quoted market prices at the balance sheet date where available, or by reference to quoted market prices for similar instruments. Repurchase and reverse repurchase agreements – non-trading Fair values approximate carrying amounts as balances are generally short dated. HSBC Holdings The methods used by HSBC Holdings to determine fair values of financial instruments for the purposes of measurement and disclosure are described above. Fair values of HSBC Holdings’ financial instruments not carried at fair value on the balance sheet 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Assets at 31 Dec Loans and advances to HSBC undertakings 76,627 78,534 77,421 79,985 Liabilities at 31 Dec Amounts owed to HSBC undertakings 2,571 2,571 2,157 2,156 Debt securities in issue 34,258 36,611 21,805 23,147 Subordinated liabilities 15,877 19,596 15,189 17,715 1 Fair values were determined using valuation techniques with observable inputs (Level 2).

Financial assets designated at

Financial assets designated at fair value	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Financial assets designated at fair value	13 Financial assets designated at fair value 2017 2016 $m $m Securities 29,456 24,677 – treasury and other eligible bills 606 204 – debt securities 4,090 4,189 – equity securities 24,760 20,284 Loans and advances to banks and customers 8 79 At 31 Dec 29,464 24,756 Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 — 104 UK Government 17 41 Hong Kong Government 64 16 Other governments 1,247 747 Asset-backed securities 3 2 20 Corporate debt and other securities 3,366 3,465 Equities 24,760 20,284 At 31 Dec 29,456 24,677 1 Included within these figures are debt securities issued by banks and other financial institutions of $ 1,621 m ( 2016 : $ 1,766 m), of which $ 0.4 m ( 2016 : $ 19 m) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies.

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Derivatives	14 Derivatives Notional contract amounts and fair values of derivatives by product contract type held by HSBC Notional contract amount Fair value – Assets Fair value – Liabilities Trading Hedging Trading Hedging Total Trading Hedging Total $m $m $m $m $m $m $m $m Foreign exchange 6,215,518 28,768 78,089 428 78,517 74,915 853 75,768 Interest rate 19,751,577 178,289 235,430 1,365 236,795 229,989 3,042 233,031 Equities 590,156 — 9,353 — 9,353 11,845 — 11,845 Credit 391,798 — 4,692 — 4,692 5,369 — 5,369 Commodity and other 59,716 — 886 — 886 1,233 — 1,233 Gross total fair values 27,008,765 207,057 328,450 1,793 330,243 323,351 3,895 327,246 Offset (Note 29) (110,425 ) (110,425 ) At 31 Dec 2017 27,008,765 207,057 328,450 1,793 219,818 323,351 3,895 216,821 Foreign exchange 5,819,814 26,281 126,185 1,228 127,413 118,813 968 119,781 Interest rate 13,729,757 215,006 253,398 1,987 255,385 245,941 4,081 250,022 Equities 472,169 — 7,410 — 7,410 9,240 — 9,240 Credit 448,220 — 5,199 — 5,199 5,767 — 5,767 Commodity and other 62,009 — 2,020 — 2,020 1,564 — 1,564 Gross total fair values 20,531,969 241,287 394,212 3,215 397,427 381,325 5,049 386,374 Offset (Note 29) (106,555 ) (106,555 ) At 31 Dec 2016 20,531,969 241,287 394,212 3,215 290,872 381,325 5,049 279,819 The notional contract amounts of derivatives held for trading purposes and derivatives designated in hedge accounting relationships indicate the nominal value of transactions outstanding at the balance sheet date; they do not represent amounts at risk. Derivative assets and liabilities decreased during 2017, reflecting changes in yield curve movements and changes in foreign exchange rates. Notional contract amounts and fair values of derivatives by product contract type held by HSBC Holdings with subsidiaries Notional contract amount Fair value – Assets Fair value – Liabilities Trading Hedging Trading Hedging Total Trading Hedging Total $m $m $m $m $m $m $m $m Foreign exchange 20,484 1,120 588 — 588 1,330 110 1,440 Interest rate 41,061 25,294 1,364 436 1,800 678 964 1,642 At 31 Dec 2017 61,545 26,414 1,952 436 2,388 2,008 1,074 3,082 Foreign exchange 23,442 1,120 223 — 223 3,201 239 3,440 Interest rate 26,858 24,356 1,478 447 1,925 639 946 1,585 At 31 Dec 2016 50,300 25,476 1,701 447 2,148 3,840 1,185 5,025 Use of derivatives For details regarding use of derivatives, see page 152 under ‘Market Risk’. Trading derivatives Most of HSBC’s derivative transactions relate to sales and trading activities. Sales activities include the structuring and marketing of derivative products to customers to enable them to take, transfer, modify or reduce current or expected risks. Trading activities include market-making and risk management. Market-making entails quoting bid and offer prices to other market participants for the purpose of generating revenues based on spread and volume. Risk management activity is undertaken to manage the risk arising from client transactions, with the principal purpose of retaining client margin. Other derivatives classified as held for trading include non-qualifying hedging derivatives. Substantially all of HSBC Holdings’ derivatives entered into with subsidiaries are managed in conjunction with financial liabilities designated at fair value. Derivatives valued using models with unobservable inputs The difference between the fair value at initial recognition (the transaction price) and the value that would have been derived had valuation techniques used for subsequent measurement been applied at initial recognition, less subsequent releases, is as follows: Unamortised balance of derivatives valued using models with significant unobservable inputs 2017 2016 Footnote $m $m Unamortised balance at 1 Jan 99 97 Deferral on new transactions 191 156 Recognised in the income statement during the year: (187 ) (140 ) – amortisation (85 ) (70 ) – subsequent to unobservable inputs becoming observable (2 ) (5 ) – maturity, termination or offsetting derivative (100 ) (65 ) Exchange differences 10 (13 ) Other (7 ) (1 ) Unamortised balance at 31 Dec 1 106 99 1 This amount is yet to be recognised in the consolidated income statement. Hedge accounting derivatives Fair value hedges HSBC’s fair value hedges principally consist of interest rate swaps that are used to protect against changes in the fair value of fixed-rate long-term financial instruments due to movements in market interest rates. Notional contract amounts and fair values of derivatives designated as fair value hedges by product type 2017 2016 Notional Fair Value Fair Value Notional Fair Value Assets Fair Value Liabilities $m $m $m $m $m $m HSBC Foreign exchange 1,027 — 23 618 10 22 Interest rate 112,714 1,020 2,744 124,361 1,078 3,726 At 31 Dec 113,741 1,020 2,767 124,979 1,088 3,748 HSBC Holdings Foreign exchange 1,120 — 110 1,120 — 239 Interest rate 25,294 436 964 24,356 447 946 At 31 Dec 26,414 436 1,074 25,476 447 1,185 Gains or losses arising from fair value hedges 2017 2016 2015 $m $m $m HSBC Gains/(losses): – on hedging instruments 621 (439 ) 40 – on the hedged items attributable to the hedged risk (617 ) 462 (51 ) Year ended 31 Dec 4 23 (11 ) HSBC Holdings Gains/(losses): – on hedging instruments (57 ) (909 ) (4 ) – on the hedged items attributable to the hedged risk 23 926 6 Year ended 31 Dec (34 ) 17 2 Cash flow hedges HSBC’s cash flow hedges consist principally of interest rate swaps, futures and cross-currency swaps that are used to protect against exposures to variability in future interest cash flows on non-trading assets and liabilities which bear interest at variable rates or which are expected to be re-funded or reinvested in the future. The amounts and timing of future cash flows, representing both principal and interest flows, are projected for each portfolio of financial assets and liabilities on the basis of their contractual terms and other relevant factors, including estimates of prepayments and defaults. The aggregate principal balances and interest cash flows across all portfolios over time form the basis for identifying gains and losses on the effective portions of derivatives designated as cash flow hedges of forecast transactions. Notional contract amounts and fair values of derivatives designated as cash flow hedges by product held by HSBC 2017 2016 Notional Assets Liabilities Notional Assets Liabilities $m $m $m $m $m $m Foreign Exchange 22,741 424 759 25,663 1,081 939 Interest rate 65,575 345 298 90,645 909 355 At 31 Dec 88,316 769 1,057 116,308 1,990 1,294 Forecast principal balances on which interest cash flows are expected to arise 3 months or less More than 3 months but less than 1 year 5 years or less but more than 1 year More than 5 years $m $m $m $m Net cash inflows/(outflows) exposure Assets 70,769 65,771 44,347 956 Liabilities (7,729 ) (7,017 ) (4,992 ) (536 ) At 31 Dec 2017 63,040 58,754 39,355 420 Net cash inflows/(outflows) exposure Assets 83,472 79,749 57,553 2,750 Liabilities (13,169 ) (12,977 ) (11,761 ) (1,502 ) At 31 Dec 2016 70,303 66,772 45,792 1,248 This table reflects the interest rate repricing profile of the underlying hedged items. During the year to 31 December 2017 , a loss of $5m ( 2016 : $5m loss; 2015 : $15m gain) was recognised due to hedge ineffectiveness. Hedges of net investments in foreign operations The Group applies hedge accounting in respect of certain consolidated net investments. Hedging is undertaken using forward foreign exchange contracts or by financing with foreign currency borrowings. At 31 December 2017 , the fair values of outstanding financial instruments designated as hedges of net investments in foreign operations were assets of $4m ( 2016 : $137m ), liabilities of $71m ( 2016 : $7m ) and notional contract values of $5,000m ( 2016 : $3,544m ). Ineffectiveness recognised in ‘Net trading income’ in the year ended 2017 was nil ( 2016 : nil ; 2015 : nil ).

Financial Investments

Financial Investments	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of financial instruments	15 Financial investments Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300 The maturity distributions of ABSs are presented in the above table on the basis of contractual maturity dates. The weighted average yield for each range of maturities is calculated by dividing the annualised interest income for the year ended 31 December 2017 by the book amount of available-for-sale debt securities at that date. The yields do not include the effect of related derivatives. 23 Financial liabilities designated at fair value HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 The carrying amount of financial liabilities designated at fair value was $5,343 m more than the contractual amount at maturity ( 2016 : $4,413 m more). The cumulative own credit loss recognised was $4,107 m ( 2016 : loss of $1,672 m). HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 The carrying amount of financial liabilities designated at fair value was $ 3,370m more than the contractual amount at maturity 2,681m more). The cumulative amount of change in fair value attributable to changes in credit risk was a loss of 2,209m (2016: loss of $ 1,202m ). 28 Maturity analysis of assets, liabilities and off-balance sheet commitments The table on page 272 provides an analysis of consolidated total assets, liabilities and off-balance sheet commitments by residual contractual maturity at the balance sheet date. These balances are included in the maturity analysis as follows: • Trading assets and liabilities (including trading derivatives but excluding reverse repos, repos and debt securities in issue) are included in the ‘Due not more than 1 month’ time bucket, because trading balances are typically held for short periods of time. • Financial assets and liabilities with no contractual maturity (such as equity securities) are included in the ‘Due over 5 years’ time bucket. Undated or perpetual instruments are classified based on the contractual notice period which the counterparty of the instrument is entitled to give. Where there is no contractual notice period, undated or perpetual contracts are included in the ‘Due over 5 years’ time bucket. • Non-financial assets and liabilities with no contractual maturity are included in the ‘Due over 5 years’ time bucket. • Financial instruments included within assets and liabilities of disposal groups held for sale are classified on the basis of the contractual maturity of the underlying instruments and not on the basis of the disposal transaction. • Liabilities under insurance contracts are included in the ‘Due over 5 years’ time bucket. Liabilities under investment contracts are classified in accordance with their contractual maturity. Undated investment contracts are included in the ‘Due over 5 years’ time bucket, however, such contracts are subject to surrender and transfer options by the policyholders. • Loan and other credit-related commitments are classified on the basis of the earliest date they can be drawn down. Application of this policy throughout the Group was improved in 2017, and therefore comparative information has been represented. HSBC Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 180,624 — — — — — — — 180,624 Items in the course of collection from other banks 6,628 — — — — — — — 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — — — — — 34,186 Trading assets 284,781 1,432 642 — 1,140 — — — 287,995 Financial assets designated at fair value 612 93 230 162 197 556 2,068 25,546 29,464 Derivatives 218,103 162 97 124 42 234 592 464 219,818 Loans and advances to banks 61,968 10,665 4,212 2,344 1,502 5,799 2,491 1,412 90,393 Loans and advances to customers 195,577 65,469 49,860 34,107 37,176 93,065 218,784 268,926 962,964 – personal 42,593 9,126 8,483 7,441 7,492 23,552 61,238 214,837 374,762 – corporate and commercial 124,669 50,532 36,046 22,932 26,577 61,785 144,451 49,762 516,754 – financial 28,315 5,811 5,331 3,734 3,107 7,728 13,095 4,327 71,448 Reverse repurchase agreements 144,244 30,289 7,951 2,194 3,960 1,072 4,598 7,245 201,553 Financial investments 31,981 51,487 31,634 13,446 17,647 40,582 90,366 111,933 389,076 Accrued income and other financial assets 19,259 5,795 2,050 358 411 652 513 2,046 31,084 Financial assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 417,572 2,433,785 Non-financial assets — — — — — — — 87,986 87,986 Total assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 505,558 2,521,771 Off-balance sheet commitments received Loan and other credit-related commitments 2,431 — 3,335 — — 133 — — 5,899 Financial liabilities Hong Kong currency notes in circulation 34,186 — — — — — — — 34,186 Deposits by banks 56,829 1,961 1,097 616 157 361 7,393 1,508 69,922 Customer accounts 1 1,269,003 44,129 21,596 11,570 10,757 4,527 2,257 623 1,364,462 – personal 648,040 22,938 13,489 6,810 5,727 2,753 1,557 119 701,433 – corporate and commercial 458,937 16,496 6,983 3,712 3,970 1,705 641 451 492,895 – financial 162,026 4,695 1,124 1,048 1,060 69 59 53 170,134 Repurchase agreements 113,208 14,042 1,592 160 — — 1,000 — 130,002 Items in the course of transmission to other banks 6,850 — — — — — — — 6,850 Trading liabilities 145,028 2,026 2,177 2,130 3,077 5,038 12,814 12,071 184,361 Financial liabilities designated at 80 281 2,094 271 2,798 4,215 22,468 62,222 94,429 – debt securities in issue: covered bonds — — — 209 — 212 2,494 1,654 4,569 – debt securities in issue: unsecured 55 95 2,087 62 2,797 1,654 19,505 33,535 59,790 – subordinated liabilities and preferred securities — — — — — 2,349 459 21,482 24,290 – other 25 186 7 — 1 — 10 5,551 5,780 Derivatives 213,011 79 141 140 202 504 1,107 1,637 216,821 Debt securities in issue 6,081 6,295 5,228 5,795 9,240 6,725 22,767 2,415 64,546 – covered bonds — — — — 1 3 10 34 48 – otherwise secured 3,479 4 — — 1,000 1,100 914 1,193 7,690 – unsecured 2,602 6,291 5,228 5,795 8,239 5,622 21,843 1,188 56,808 Accruals and other financial liabilities 18,009 9,547 2,798 749 717 1,007 1,569 938 35,334 Subordinated liabilities — 1,918 73 36 132 273 3,595 13,799 19,826 Total financial liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 95,213 2,220,739 Non-financial liabilities — — — — — — — 103,161 103,161 Total liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 198,374 2,323,900 Off-balance sheet commitments given Loan and other credit-related commitments 628,070 38,736 3,310 1,777 4,087 3,436 3,824 2,349 685,589 – personal 187,545 2,001 340 343 1,583 1,033 952 513 194,310 – corporate and commercial 388,778 32,011 2,782 1,322 2,309 2,403 2,804 1,716 434,125 – financial 51,747 4,724 188 112 195 — 68 120 57,154 Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 128,009 — — — — — — — 128,009 Items in the course of collection from other banks 5,003 — — — — — — — 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — — — — — 31,228 Trading assets 232,550 758 230 415 1,172 — — — 235,125 Financial assets designated at fair value 176 182 75 178 363 749 2,486 20,547 24,756 Derivatives 287,749 149 207 96 110 704 1,056 801 290,872 Loans and advances to banks 59,636 13,404 4,494 2,375 1,765 2,879 2,298 1,275 88,126 Loans and advances to customers 167,531 61,693 47,664 30,115 30,362 85,144 192,787 246,208 861,504 – personal 39,295 7,812 6,723 5,928 6,799 22,664 53,620 194,985 337,826 – corporate and commercial 108,906 48,333 35,180 21,317 19,573 54,739 126,890 45,271 460,209 – financial 19,330 5,548 5,761 2,870 3,990 7,741 12,277 5,952 63,469 Reverse repurchase agreements – non-trading 115,942 25,525 10,378 5,220 2,350 479 1,080 — 160,974 Financial investments 36,932 59,826 30,403 16,800 19,564 50,255 104,933 118,084 436,797 Accrued income and other financial assets 16,885 8,050 1,737 407 462 421 1,033 1,907 30,902 Financial assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 388,822 2,293,296 Non-financial assets — — — — — — — 81,690 81,690 Total assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 470,512 2,374,986 Off-balance sheet commitments received Loan and other credit-related commitments 2,813 — 2,050 — — 110 — — 4,973 Financial liabilities Hong Kong currency notes in circulation 31,228 — — — — — — — 31,228 Deposits by banks 46,306 4,075 2,085 665 489 422 4,842 1,055 59,939 Customer accounts 1 1,180,641 45,245 19,187 10,277 8,325 4,709 3,500 502 1,272,386 – personal 590,654 22,222 12,024 5,823 4,786 3,484 2,483 121 641,597 – corporate and commercial 436,666 17,460 6,178 3,951 3,082 1,200 967 360 469,864 – financial 153,321 5,563 985 503 457 25 50 21 160,925 Repurchase agreements – non-trading 82,330 2,707 2,871 50 — — 1,000 — 88,958 Items in the course of transmission to other banks 5,977 — — — — — — — 5,977 Trading liabilities 121,707 2,053 1,423 1,845 3,013 6,219 9,010 8,421 153,691 Financial liabilities designated at fair value 1,659 958 1,396 3 1,701 5,046 17,989 58,080 86,832 – debt securities in issue: covered bonds 1,587 — 303 — — 207 1,348 2,558 6,003 – debt securities in issue: unsecured 25 15 1,091 3 1,700 4,839 14,056 29,380 51,109 – subordinated liabilities and preferred securities — — — — — — 2,578 21,005 23,583 – other 47 943 2 — 1 — 7 5,137 6,137 Derivatives 274,965 39 39 112 273 506 1,471 2,414 279,819 Debt securities in issue 4,708 8,598 8,280 5,996 4,610 10,953 19,432 3,338 65,915 – covered bonds — — 1 71 1 3 24 26 126 – otherwise secured 3,207 823 893 114 329 1,882 2,680 1,181 11,109 – unsecured 1,501 7,775 7,386 5,811 4,280 9,068 16,728 2,131 54,680 Accruals and other financial liabilities 19,052 8,172 2,392 833 519 885 1,299 568 33,720 Subordinated liabilities 12 — 143 61 497 1,788 5,056 13,427 20,984 Total financial liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 87,805 2,099,449 Non-financial liabilities — — — — — — — 92,959 92,959 Total liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 180,764 2,192,408 Off-balance sheet commitments given Loan and other credit-related commitments 609,923 29,752 3,010 1,897 3,253 2,514 4,280 1,214 655,843 – personal 177,462 1,835 89 262 1,896 1,114 747 405 183,810 – corporate and commercial 366,573 26,650 2,839 1,350 904 996 3,410 754 403,476 – financial 65,888 1,267 82 285 453 404 123 55 68,557 1 ‘Customer accounts’ includes $ 386,417m (2016: $343,782m ) insured by guarantee schemes. HSBC Holdings Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 1,985 — — — — — — — 1,985 Derivatives 1,952 — — — — 80 — 356 2,388 Loans and advances to HSBC undertakings 4,861 13,039 3,145 5 2 1,134 29,560 24,881 76,627 Loans and advances to HSBC undertakings designated at fair value — — — — — 2,411 9,533 11,944 Financial investments in HSBC undertakings 17 3 — — — — 1,798 2,446 4,264 Accrued income and other financial assets — 4 — — — — — 123 127 Total financial assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 37,339 97,335 Non-financial assets — — — — — — — 94,399 94,399 Total assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 131,738 191,734 Financial liabilities Amounts owed to HSBC undertakings 120 2,405 46 — — — — — 2,571 Financial liabilities designated at fair value — — — — — 2,349 11,491 17,050 30,890 – debt securities in issue — — — — — — 11,491 6,005 17,496 – subordinated liabilities and preferred securities — — — — — 2,349 — 11,045 13,394 Derivatives 2,008 — — — — 110 183 781 3,082 Debt securities in issue — — — — 1,081 — 10,354 22,823 34,258 Accruals and other financial liabilities 439 395 157 39 7 3 1 11 1,052 Subordinated liabilities — 1,918 — — — — — 13,959 15,877 Total financial liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,624 87,730 Non-financial liabilities — — — — — — — 217 217 Total liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,841 87,947 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 247 — — — — — — — 247 Derivatives 1,702 — — — — — 93 353 2,148 Loans and advances to HSBC undertakings 16,372 — — — — 167 14,204 46,678 77,421 Financial investments in HSBC undertakings 40 2 — — — — 838 2,710 3,590 Accrued income and other financial assets 12 — — — — — — 107 119 Total financial assets at 31 Dec 2016 18,373 2 — — — 167 15,135 49,848 83,525 Non-financial assets — — — — — — — 97,273 97,273 Total assets at 31 Dec 2016 18,373 2 — — — 167 15,135 147,121 180,798 Financial liabilities Amounts owed to HSBC undertakings 2,052 — — — — — 105 — 2,157 Financial liabilities designated at fair value — — — — — 2,167 5,845 22,101 30,113 – debt securities in issue — — — — — — 5,845 10,921 16,766 – subordinated liabilities and preferred securities — — — — — 2,167 — 11,180 13,347 Derivatives 3,841 — — — — — 592 592 5,025 Debt securities in issue — — — — — 953 4,822 16,030 21,805 Accruals and other financial liabilities 75 1,268 142 22 — — — — 1,507 Subordinated liabilities — — — — — 1,693 — 13,496 15,189 Total financial liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,219 75,796 Non-financial liabilities — — — — — — — 144 144 Total liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,363 75,940 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — 29 Offsetting of financial assets and financial liabilities The ‘Amounts not set off in the balance sheet’ include transactions where: • the counterparty has an offsetting exposure with HSBC and a master netting or similar arrangement is in place with a right to set off only in the event of default, insolvency or bankruptcy, or the offset criteria are otherwise not satisfied; and • in the case of derivatives and reverse repurchase/repurchase, stock borrowing/lending and similar agreements, cash and non-cash collateral has been received/pledged. For risk management purposes, the net amounts of loans and advances to customers are subject to limits, which are monitored and the relevant customer agreements are subject to review and updated, as necessary, to ensure that the legal right to set off remains appropriate. Offsetting of financial assets and financial liabilities Amounts subject to enforceable netting arrangements Amounts not subject to enforceable netting arrangements 5 Total Amounts not set off in the balance sheet Gross amounts Amounts offset Net amounts in the balance sheet Financial instruments Non-cash collateral Cash collateral Net amount Footnotes $m $m $m $m $m $m $m $m $m Financial assets Derivatives (Note 14) 1 322,422 (110,425 ) 211,997 (156,088 ) (11,092 ) (37,302 ) 7,515 7,821 219,818 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 15,893 — 15,893 (430 ) (15,462 ) — 1 1,227 17,120 – non-trading assets 265,666 (105,776 ) 159,890 (3,714 ) (155,973 ) (49 ) 154 41,663 201,553 Loans and advances to customers 3 42,091 (10,424 ) 31,667 (26,390 ) — (181 ) 5,096 619 32,286 At 31 Dec 2017 646,072 (226,625 ) 419,447 (186,622 ) (182,527 ) (37,532 ) 12,766 51,330 470,777 Derivatives (Note 14) 1 387,999 (106,555 ) 281,444 (210,067 ) (11,647 ) (40,188 ) 19,542 9,428 290,872 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 9,859 — 9,859 (475 ) (9,383 ) — 1 348 10,207 – non-trading assets 222,485 (87,929 ) 134,556 (4,779 ) (129,373 ) (215 ) 189 26,418 160,974 Loans and advances to customers 3 46,296 (14,602 ) 31,694 (24,459 ) — (248 ) 6,987 743 32,437 At 31 Dec 2016 666,639 (209,086 ) 457,553 (239,780 ) (150,403 ) (40,651 ) 26,719 36,937 494,490 Financial liabilities Derivatives (Note 14) 1 321,932 (110,425 ) 211,507 (156,072 ) (14,342 ) (28,666 ) 12,427 5,314 216,821 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 10,555 — 10,555 (430 ) (9,615 ) — 510 63 10,618 – non-trading liabilities 187,268 (105,776 ) 81,492 (7,165 ) (74,048 ) (240 ) 39 48,510 130,002 Customer accounts 4 42,533 (10,424 ) 32,109 (26,390 ) — (188 ) 5,531 158 32,267 At 31 Dec 2017 562,288 (226,625 ) 335,663 (190,057 ) (98,005 ) (29,094 ) 18,507 54,045 389,708 Derivatives (Note 14) 1 378,571 (106,555 ) 272,016 (210,035 ) (15,512 ) (33,754 ) 12,715 7,803 279,819 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 5,034 — 5,034 (475 ) (4,515 ) — 44 37 5,071 – non-trading liabilities 148,443 (87,929 ) 60,514 (6,202 ) (54,126 ) (146 ) 40 28,444 88,958 Customer accounts 4 45,422 (14,602 ) 30,820 (24,459 ) — (248 ) 6,113 228 31,048 At 31 Dec 2016 577,470 (209,086 ) 368,384 (241,171 ) (74,153 ) (34,148 ) 18,912 36,512 404,896 1 At 31 December 2017, the amount of cash margin received that had been offset against the gross derivatives assets was $6,324m (2016: $3,720m ). The amount of cash margin paid that had been offset against the gross derivatives liabilities was $5,196m (2016: $5,862m ). 2 For the amount of repos, reverse repos, stock lending, stock borrowing and similar agreements recognised on the balance sheet within ‘Trading assets’ $ 17,120m (2016: $ 10,207m ) and ‘Trading liabilities’ $ 10,618m (2016: $ 5,071m ), see the ‘Funding sources and uses’ table on page 147 . 3 At 31 December 2017, the total amount of ‘Loans and advances to customers’ was $ 962,964m (2016: $ 861,504m ) of which $ 31,667m (2016: $ 31,694m ) was subject to offsetting. 4 At 31 December 2017, the total amount of ‘Customer accounts’ was $ 1,364,462m (2016: $ 1,272,386m ) of which $ 32,109m (2016: $ 30,820m ) was subject to offsetting. 5 These exposures continue to be secured by financial collateral, but we may not have sought or been able to obtain a legal opinion evidencing enforceability of the right of offset.

Assets pledged, collateral rece

Assets pledged, collateral received and assets transferred	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Assets pledged, collateral received and assets transferred	16 Assets pledged, collateral received and assets transferred Assets pledged Financial assets pledged as collateral 2017 2016 $m $m Treasury bills and other eligible securities 10,183 7,151 Loans and advances to banks 14,518 17,444 Loans and advances to customers 68,336 74,109 Debt securities 96,245 80,063 Equity securities 33,209 2,655 Other 2,743 1,838 Assets pledged at 31 Dec 225,234 183,260 Assets pledged as collateral include all assets categorised as encumbered in the disclosure on page 67 of the Pillar 3 Disclosures at 31 December 2017 . The amount of assets pledged to secure liabilities may be greater than the book value of assets utilised as collateral. For example, in the case of securitisations and covered bonds, the amount of liabilities issued plus mandatory over-collateralisation is less than the book value of the pool of assets available for use as collateral. This is also the case where assets are placed with a custodian or a settlement agent which has a floating charge over all the assets placed to secure any liabilities under settlement accounts. These transactions are conducted under terms that are usual and customary to collateralised transactions including, where relevant, standard securities lending and borrowing, repurchase agreements and derivative margining. HSBC places both cash and non-cash collateral in relation to derivative transactions. Financial assets pledged as collateral which the counterparty has the right to sell or repledge 2017 2016 $m $m Trading assets 70,117 37,141 Financial investments 13,581 4,044 At 31 Dec 83,698 41,185 Collateral received The fair value of assets accepted as collateral, relating primarily to standard securities lending, reverse repurchase agreements, swaps of securities and derivative margining, that HSBC is permitted to sell or repledge in the absence of default was $ 387,678 m ( 2016 : $ 250,919 m). The fair value of any such collateral sold or repledged was $ 243,531 m ( 2016 : $ 149,185 m). HSBC is obliged to return equivalent securities. These transactions are conducted under terms that are usual and customary to standard securities lending, reverse repurchase agreements and derivative margining. Assets transferred The assets pledged include transfers to third parties that do not qualify for derecognition, notably secured borrowings such as debt securities held by counterparties as collateral under repurchase agreements and equity securities lent under securities lending agreements, as well as swaps of equity and debt securities. For secured borrowings, the transferred asset collateral continues to be recognised in full and a related liability, reflecting the Group’s obligation to repurchase the assets for a fixed price at a future date is also recognised on the balance sheet. Where securities are swapped, the transferred asset continues to be recognised in full. There is no associated liability as the non-cash collateral received is not recognised on the balance sheet. The Group is unable to use, sell or pledge the transferred assets for the duration of the transaction, and remains exposed to interest rate risk and credit risk on these pledged assets. With the exception of ‘Other sales’ in the table below, the counterparty’s recourse is not limited to the transferred assets. Transferred financial assets not qualifying for full derecognition and associated financial liabilities Carrying amount of: Fair value of: Transferred assets Associated liabilities Transferred assets Associated liabilities Net $m $m $m $m $m At 31 Dec 2017 Repurchase agreements 55,510 52,093 Securities lending agreements 33,878 3,324 Other sales (recourse to transferred assets only) 2,387 2,388 2,377 2,378 (1 ) At 31 Dec 2016 Repurchase agreements 40,364 39,568 Securities lending agreements 3,324 2,655 Other sales (recourse to transferred assets only) 2,441 2,466 2,455 2,458 (3 )

Interest in associates and join

Interest in associates and joint ventures	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Interest in associates and joint ventures	17 Interests in associates and joint ventures Associates At 31 December 2017, the carrying amount of HSBC’s interests in associates was $22,577m (2016: $19,874m ). Principal associates of HSBC 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Bank of Communications Co., Limited 18,057 10,491 15,765 10,207 The Saudi British Bank 3,618 4,320 3,280 3,999 1 Principal associates are listed on recognised stock exchanges. The fair values are based on the quoted market prices of the shares held (Level 1 in the fair value hierarchy). At 31 Dec 2017 Footnote Country of incorporation and principal place of business Principal activity HSBC’s interest % Bank of Communications Co., Limited 1 PRC Banking services 19.03 The Saudi British Bank Saudi Arabia Banking services 40.00 1 People’s Republic of China. A list of all associates and joint ventures is set out on page 294 . Bank of Communications Co., Limited The Group’s significant influence in Bank of Communications Co., Limited (‘BoCom’) was established via representation on BoCom’s board of directors and a technical cooperation and exchange programme. Under this programme, a number of HSBC staff have been seconded to assist in the maintenance of BoCom’s financial and operating policies. Impairment testing At 31 December 2017, the fair value of HSBC’s investment in BoCom had been below the carrying amount for approximately 68 months. As a result, the Group performed an impairment test on the carrying amount of the investment in BoCom, which confirmed there was no impairment at 31 December 2017. At 31 Dec 2017 At 31 Dec 2016 VIU Carrying value Fair VIU Carrying value Fair $bn $bn $bn $bn $bn $bn Bank of Communications Co., Limited 18.3 18.1 10.5 16.1 15.8 10.2 Basis of recoverable amount The impairment test was performed by comparing the recoverable amount of BoCom, determined by a value in use (‘VIU’) calculation, with its carrying amount. The VIU calculation uses discounted cash flow projections based on management’s estimates of earnings. Cash flows beyond the short to medium term are extrapolated in perpetuity using a long-term growth rate to derive a terminal value, which comprises the majority of VIU. An imputed capital maintenance charge (‘CMC’) is calculated to reflect expected regulatory capital requirements, and is deducted from forecast cash flows. The principal inputs to the CMC calculation include estimates of asset growth, the ratio of risk-weighted assets to total assets, and the expected minimum regulatory capital requirements. An increase in the CMC as a result of a change to these principal inputs would reduce VIU. Additionally, management considers other factors (including qualitative factors) to ensure that the inputs to the VIU calculation remain appropriate. Significant management judgement is required in estimating the future cash flows of BoCom. Key assumptions in value in use calculation We used a number of assumptions in our VIU calculation: • Long-term profit growth rate of 3% (2016: 5% ) for periods after 2020, which does not exceed forecast GDP growth in mainland China and is within the range forecast by external analysts. • Long-term asset growth rate of 3% (2016: 4% ) for periods after 2020, which is the rate that assets are expected to grow to achieve long-term profit growth of 3% . • Discount rate of 11.85% (2016: 13.0% ), which is based on a capital asset pricing model (‘CAPM’) calculation for BoCom, using market data. Management also compares rates derived from the CAPM with discount rates from external sources. The discount rate used was within the range of 10.2% to 13.4% (2016: 10.2% to 15.0% ) indicated by external sources. • Loan impairment charge as a percentage of customer advances: a range from 0.66% to 0.82% (2016: 0.72% to 0.87% ) in the short to medium term, largely based on forecasts disclosed by external analysts. For periods after 2020, the ratio is 0.70% (2016: 0.70% ), slightly higher than the historical average. • Risk-weighted assets as a percentage of total assets: 62% (2016: 62% ) for all forecast periods. This is consistent with the forecasts disclosed by external analysts. • Cost-income ratio: ranges from 37.1% to 38.0% (2016: 40.0% ) in the short to medium term. This is slightly higher than the forecasts disclosed by external analysts. The long-term profit growth rate, long-term asset growth rate and discount rate assumptions were updated in 2017 to better align with market practice when setting long-term assumptions in VIU calculations. The long-term profit growth rate was set at the lower end of the range forecast by external analysts and there was a corresponding change to the long-term asset growth rate. These changes reduced management’s uncertainty in respect of estimated future cash flows and accordingly the discount rate was set based on CAPM with no adjustment for uncertainty in future cash flows. The following table shows the change to each key assumption in the VIU calculation that on its own would reduce the headroom to nil. Key assumption Changes to key assumption to reduce headroom to nil • Long-term profit growth rate • Decrease by 11 basis points • Long-term asset growth rate • Increase by 10 basis points • Discount rate • Increase by 13 basis points • Loan impairment charge as a percentage of customer advances • Increase by 2 basis points • Risk-weighted assets as a percentage of total assets • Increase by 63 basis points • Cost-income ratio • Increase by 46 basis points The following table illustrates the effect on VIU of reasonably possible changes to key assumptions. This reflects the sensitivity of the VIU to each key assumption on its own, and it is possible that more than one favourable and/or unfavourable change will occur at the same time. The selected rates of reasonably possible changes to key assumptions is largely based on external analysts’ forecasts which can change period to period. Sensitivity of VIU to reasonably possible changes in key assumptions Favourable change Unfavourable change Increase VIU Decrease VIU bps $bn $bn bps $bn $bn At 31 Dec 2017 Long-term profit growth rate 200 6.6 24.9 — — 18.3 Long-term asset growth rate (20 ) 0.5 18.9 200 (7.1 ) 11.2 Discount rate (35 ) 0.7 19.1 65 (1.2 ) 17.1 Loan impairment charge as a percentage of customer advances 2017-20: 0.71% 0.1 18.5 2017-20: 0.90% (1.3 ) 17.0 Risk-weighted assets as a percentage of total assets (60 ) 0.2 18.6 30 (0.1 ) 18.2 Cost-income ratio (173 ) 1.5 19.8 — — 18.3 At 31 Dec 2016 Long-term profit growth rate — — 16.1 (150 ) (3.3 ) 12.8 Long-term asset growth rate (80 ) 1.8 17.8 — — 16.1 Discount rate (100 ) 2.3 18.4 — — 16.1 Loan impairment charge as a percentage of customer advances — — 16.1 2016-19: 0.93% (1.1 ) 15.0 Risk-weighted assets as a percentage of total assets (30 ) 0.1 16.2 170 (0.6 ) 15.5 Cost income ratio (170 ) 0.9 17.0 250 (1.4 ) 14.7 Considering the interrelationship of the changes set out in the table above, management estimates that the reasonably possible range of VIU is $14.7b n to $21.1 bn (2016: $10.8b n to $19.0b n). Selected financial information of BoCom The statutory accounting reference date of BoCom is 31 December. For the year ended 31 December 2017, HSBC included the associate’s results on the basis of financial statements for the 12 months ended 30 September 2017, taking into account changes in the subsequent period from 1 October 2017 to 31 December 2017 that would have materially affected the results. Selected balance sheet information of BoCom At 30 Sep 2017 2016 $m $m Cash and balances at central banks 146,029 137,844 Loans and advances to banks and other financial institutions 120,403 101,436 Loans and advances to customers 662,706 566,126 Other financial assets 386,067 311,207 Other assets 58,202 48,922 Total assets 1,373,407 1,165,535 Deposits by banks and other financial institutions 366,993 297,442 Customer accounts 747,882 680,915 Other financial liabilities 123,751 69,954 Other liabilities 32,568 27,860 Total liabilities 1,271,194 1,076,171 Total equity 102,213 89,364 Reconciliation of BoCom’s total shareholders’ equity to the carrying amount in HSBC’s consolidated financial statements At 30 Sep 2017 2016 $m $m HSBC’s share of total shareholders’ equity 17,551 15,285 Goodwill and other intangible assets 506 480 Carrying amount 18,057 15,765 Selected income statement information of BoCom For the 12 months ended 30 Sep 2017 2016 $m $m Net interest income 19,080 20,614 Net fee and commission income 5,698 5,493 Loan impairment charges (4,286 ) (4,284 ) Depreciation and amortisation (1,342 ) (1,216 ) Tax expense (2,234 ) (2,800 ) Profit for the year 10,288 10,151 Other comprehensive income (624 ) 875 Total comprehensive income 9,664 11,026 Dividends received from BoCom 565 580 Summarised aggregate financial information for all associates excluding BoCom 2017 2016 $m $m Carrying amount 4,520 4,109 HSBC’s share of: – total assets 20,625 20,757 – total liabilities 16,119 16,661 – revenues 1,051 923 – profit or loss from continuing operations 487 454 Joint ventures At 31 December 2017, the carrying amount of HSBC’s interests in joint ventures was $167m (2016: $155m ). Associates and joint ventures For the year ended 31 December 2017, HSBC’s share of associates’ and joint ventures’ tax on profit was $440m (2016: $542m ). This is included within ‘Share of profit in associates and joint ventures’ in the ‘Consolidated income statement’. Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). 19 Structured entities HSBC is mainly involved with both consolidated and unconsolidated structured entities through the securitisation of financial assets, conduits and investment funds, established either by HSBC or a third party. Consolidated structured entities Total assets of HSBC’s consolidated structured entities, split by entity type Conduits Securitisations HSBC Other Total $bn $bn $bn $bn $bn At 31 Dec 2017 12.9 4.8 7.0 3.2 27.9 At 31 Dec 2016 15.8 5.7 4.8 3.7 30.0 Conduits HSBC has established and manages two types of conduits: securities investment conduits (‘SICs’) and multi-seller conduits. Securities investment conduits The SICs purchase highly rated ABSs to facilitate tailored investment opportunities. • Solitaire – At 31 December 2017 , Solitaire, HSBC’s principal SIC held $3.2b n of ABSs ( 2016 : $4.7b n). These are included within the disclosures of ABSs on page 140 . It is currently funded entirely by commercial paper (‘CP’) issued to HSBC. Although HSBC continues to provide a liquidity facility, Solitaire has no need to draw on it as long as HSBC purchases its issued CP, which HSBC intends to do for the foreseeable future. At 31 December 2017 , HSBC held $4.6b n of CP ( 2016 : $6.1b n). • Mazarin, Barion and Malachite – All three SICs are now funded by medium-term notes, and are no longer funded by repurchase agreements. HSBC’s primary exposure to Mazarin, Barion and Malachite is represented by the amortised cost of the debt required to support the non-cash assets of the vehicles. At 31 December 2017 , this amounted to $0.9b n ( 2016 : $1.3b n). For all three SICs first loss protection is provided through the capital notes issued by these vehicles, which are held substantially by third parties. Multi-seller conduit HSBC’s multi-seller conduit was established to provide access to flexible market-based sources of finance for its clients. Currently, HSBC bears risk equal to the transaction-specific facility offered to the multi-seller conduit, amounting to $15.7b n at 31 December 2017 ( 2016 : $15.2b n (restated)). First loss protection is provided by the originator of the assets, and not by HSBC, through transaction-specific credit enhancements. A layer of secondary loss protection is provided by HSBC in the form of programme-wide enhancement facilities. Securitisations HSBC uses structured entities to securitise customer loans and advances it originates in order to diversify its sources of funding for asset origination and capital efficiency purposes. The loans and advances are transferred by HSBC to the structured entities for cash or synthetically through credit default swaps, and the structured entities issue debt securities to investors. HSBC managed funds HSBC has established a number of money market and non-money market funds. Where it is deemed to be acting as principal rather than agent in its role as investment manager, HSBC controls these funds. Other HSBC has also entered into a number of transactions in the normal course of business which include asset and structured finance transactions where it has control of the structured entity. In addition, HSBC is deemed to control a number of third-party managed funds through its involvement as a principal in the funds. Unconsolidated structured entities The term ‘unconsolidated structured entities’ refers to all structured entities not controlled by HSBC. The Group enters into transactions with unconsolidated structured entities in the normal course of business to facilitate customer transactions and for specific investment opportunities. Nature and risks associated with HSBC interests in unconsolidated structured entities Securitisations HSBC Non-HSBC Other Total Total asset values of the entities ($m) 0 – 500 78 321 930 210 1,539 500 – 2,000 6 56 578 3 643 2,000 – 5,000 — 17 235 — 252 5,000 – 25,000 2 10 104 1 117 25,000+ — 2 11 — 13 Number of entities at 31 Dec 2017 86 406 1,858 214 2,564 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 4.0 9.1 9.3 4.1 26.5 – trading assets — 0.2 0.2 2.4 2.8 – financial assets designated at fair value — 8.0 8.3 — 16.3 – loans and advances to banks — — — 0.1 0.1 – loans and advances to customers 4.0 — — 1.1 5.1 – financial investments — 0.9 0.8 0.1 1.8 – other assets — — — 0.4 0.4 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.3 0.3 – other liabilities — — — 0.3 0.3 Other off balance sheet commitments — 0.1 2.2 0.3 2.6 HSBC’s maximum exposure at 31 Dec 2017 4.0 9.2 11.5 4.4 29.1 Total asset values of the entities ($m) 0 – 500 93 374 1,104 95 1,666 500 – 2,000 10 43 498 5 556 2,000 – 5,000 — 22 187 2 211 5,000 – 25,000 — 8 72 2 82 25,000+ — 1 4 1 6 Number of entities at 31 Dec 2016 103 448 1,865 105 2,521 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 2.4 7.1 8.3 6.2 24.0 – trading assets — 0.4 0.1 2.1 2.6 – financial assets designated at fair value — 5.9 7.5 — 13.4 – loans and advances to banks — — — 0.4 0.4 – loans and advances to customers 2.4 — — 3.2 5.6 – financial investments — 0.8 0.7 0.2 1.7 – other assets — — — 0.3 0.3 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.2 0.2 – other liabilities — — — 0.2 0.2 Other off balance sheet commitments — — 2.7 0.1 2.8 HSBC’s maximum exposure at 31 Dec 2016 2.4 7.1 11.0 6.3 26.8 The maximum exposure to loss from HSBC’s interests in unconsolidated structured entities represents the maximum loss it could incur as a result of its involvement with these entities regardless of the probability of the loss being incurred. • For commitments, guarantees and written credit default swaps, the maximum exposure to loss is the notional amount of potential future losses. • For retained and purchased investments in and loans to unconsolidated structured entities, the maximum exposure to loss is the carrying value of these interests at the balance sheet reporting date. The maximum exposure to loss is stated gross of the effects of hedging and collateral arrangements entered into to mitigate HSBC’s exposure to loss. Securitisations HSBC has interests in unconsolidated securitisation vehicles through holding notes issued by these entities. In addition, HSBC has investments in ABSs issued by third-party structured entities as set out on page 140 . HSBC managed funds HSBC establishes and manages money market funds and non-money market investment funds to provide customers with investment opportunities. Further information on funds under management is provided on page 83 . HSBC, as fund manager, may be entitled to receive management and performance fees based on the assets under management. HSBC may also retain units in these funds. Non-HSBC managed funds HSBC purchases and holds units of third-party managed funds in order to facilitate business and meet customer needs. In addition to entities, asset and liability classes disclosed above HSBC enters into derivative contracts with Non-HSBC managed funds. These interests arise in the normal course of business for the facilitation of third-party transactions and risk management solutions. Note 14 provides information on derivatives entered into by HSBC. Other HSBC has established structured entities in the normal course of business, such as structured credit transactions for customers, to provide finance to public and private sector infrastructure projects, and for asset and structured finance transactions. In addition to entities, asset and liability classes disclosed above HSBC enters into derivative contracts with Other Structured Entities. These interests arise in the normal course of business for the facilitation of third-party transactions and risk management solutions. Note 14 provides information on derivatives entered into by HSBC. HSBC sponsored structured entities The amount of assets transferred to and income received from such sponsored entities during 2017 and 2016 were not significant. 37 HSBC Holdings’ subsidiaries, joint ventures and associates In accordance with section 409 of the Companies Act 2006 a list of HSBC Holdings plc subsidiaries, joint ventures and associates, the registered office address and the effective percentage of equity owned at 31 December 2017 is disclosed below. Unless otherwise stated, the share capital comprises ordinary or common shares which are held by Group subsidiaries. The ownership percentage is provided for each undertaking. The undertakings below are consolidated by HSBC unless otherwise indicated. Subsidiaries Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes ACN 087 652 113 Pty Limited 100.00 15 Almacenadora Banpacifico S.A. (in liquidation) 99.99 9, 16 Assetfinance December (F) Limited 100.00 17 Assetfinance December (H) Limited 100.00 17 Assetfinance December (M) Limited 100.00 17 Assetfinance December (P) Limited 100.00 17 Assetfinance December (R) Limited 100.00 17 Assetfinance June (A) Limited 100.00 17 Assetfinance June (D) Limited 100.00 17 Assetfinance Limited 100.00 17 Assetfinance March (B) Limited 100.00 18 Assetfinance March (D) Limited 100.00 17 Assetfinance March (F) Limited 100.00 17 Assetfinance September (F) Limited 100.00 17 Assetfinance September (G) Limited 100.00 17 B&Q Financial Services Limited 100.00 19 Banco Nominees (Guernsey) Limited 100.00 9, 20 Banco Nominees 2 (Guernsey) Limited 100.00 20 Banco Nominees Limited 100.00 21 Bank of Bermuda (Cayman) Limited 100.00 22 Beau Soleil Limited Partnership n/a 7, 9, 23 Beijing Miyun HSBC Rural Bank Company Limited 100.00 12, 24 Beneficial Company LLC 100.00 25 Beneficial Consumer Discount Company 100.00 26 Beneficial Financial I Inc. 100.00 27 Beneficial Florida Inc. 100.00 25 Beneficial Homeowner Service Corporation 100.00 25 Beneficial Kentucky Inc. 100.00 25 Beneficial Loan & Thrift Co. 100.00 25 Beneficial Louisiana Inc. 100.00 25 Beneficial Maine Inc. 100.00 25 Beneficial Massachusetts Inc. 100.00 25 Beneficial Michigan Inc. 100.00 25 Beneficial New Hampshire Inc. 100.00 25 Beneficial Oregon Inc. 100.00 25 Beneficial Rhode Island Inc. 100.00 25 Beneficial South Dakota Inc. 100.00 25 Beneficial Tennessee Inc. 100.00 28 Beneficial West Virginia, Inc. 100.00 29 Beneficial Wyoming Inc. 100.00 30 BFC Insurance Agency of Nevada 100.00 223 Billingsgate Nominees Limited 100.00 17 Cal-Pacific Services, Inc. 100.00 27 Canada Crescent Nominees (UK) Limited 100.00 17 Canada Square Nominees (UK) Limited 100.00 17 Canada Square Property Participations Limited 100.00 17 Canada Water Nominees (UK) Limited 100.00 17 Capco/Cove, Inc. 100.00 31 Card-Flo #1, Inc. 100.00 32 Card-Flo #3, Inc. 100.00 25 Cayman International Finance Limited 100.00 33 CC&H Holdings LLC 100.00 34 CCF Charterhouse GmbH & Co Asset Leasing KG (In Liquidation) 100.00 (99.99) 35 CCF Charterhouse GmbH (in Liquidation) 100.00 (99.99) 4, 35 CCF Holding (LIBAN) S.A.L. (in liquidation) 74.99 1, 36 CCF & Partners Asset Management Limited 99.99 17 Charterhouse Administrators ( D.T.) Limited 100.00 (99.99) 9, 17 Charterhouse Development Limited 100.00 17 Charterhouse Management Services Limited 100.00 (99.99) 9, 17 Charterhouse Pensions Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Chongqing Dazu HSBC Rural Bank Company Limited (100.00) 12, 37 Chongqing Fengdu HSBC Rural Bank Company Limited 100.00 12, 38 Chongqing Rongchang HSBC Rural Bank Company Limited 100.00 12, 39 CL Residential Limited (in liquidation) 100.00 40 COIF Nominees Limited 100.00 17 Cordico Management AG 100.00 41 Corhold Limited (in liquidation) 100.00 42 Dalian Pulandian HSBC Rural Bank Company Limited 100.00 12, 43 Decision One Mortgage Company, LLC 100.00 44 Dem 5 100.00 (99.99) 4, 9, 45 Dem 9 100.00 (99.99) 4, 9, 45 Dempar 1 100.00 (99.99) 4, 9, 46 Dempar 4 100.00 (99.99) 9, 46 Desarrollo Turistico, S.A. de C.V. 99.99 9, 16 Ellenville Holdings, Inc. 100.00 31 Elysees GmbH (in Liquidation) 100.00 (99.99) 35 Elysées Immo Invest 100.00 (99.99) 4, 47 EMTT Limited (in liquidation) 100.00 17 Equator Holdings Limited (in liquidation) 100.00 17 Eton Corporate Services Limited 100.00 20 Far East Leasing SA 100.00 48 Fdm 5 SAS 100.00 (99.99) 4, 9, 45 FEPC Leasing Ltd. 100.00 49 Finanpar 2 100.00 (99.99) 4, 9, 47 Finanpar 7 100.00 (99.99) 4, 9, 47 Flandres Contentieux S.A. 100.00 (99.99) 1, 4, 9, 50 Foncière Elysées 100.00 (99.99) 4, 9, 46 Forward Trust Rail Services Limited 100.00 17 Fujian Yongan HSBC Rural Bank Company Limited 100.00 12, 51 Fulcher Enterprises Company Limited 100.00 (62.14) 52 Fundacion HSBC, A.C. 99.99 1, 9, 11, 16 Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH 100.00 (80.67) 9, 53 Gesico International SA (in liquidation) 100.00 54 Giller Ltd. 100.00 31 GPIF Co-Investment, LLC 80.00 25 GPIF-I Equity Co., Ltd. 100.00 8, 22 GPIF-I Finance Co., Ltd 100.00 8, 22 Griffin International Limited 100.00 17 Grupo Financiero HSBC, S. A. de C. V. 99.99 9, 16 Guangdong Enping HSBC Rural Bank Company Limited 100.00 12, 55 GZ Guyerzeller Corporation (in liquidation) 100.00 129 Hang Seng (Nominee) Limited 100.00 (62.14) 52 Hang Seng Bank (China) Limited 100.00 (62.14) 12, 57 Hang Seng Bank (Trustee) Limited 100.00 (62.14) 52 Hang Seng Bank Limited 62.14 52 Hang Seng Bullion Company Limited 100.00 (62.14) 52 Hang Seng Credit Limited 100.00 (62.14) 52 Hang Seng Data Services Limited 100.00 (62.14) 52 Hang Seng Finance Limited 100.00 (62.14) 52 Hang Seng Financial Information Limited 100.00 (62.14) 52 Hang Seng Futures Limited 100.00 (62.14) 52 Hang Seng Indexes Company Limited 100.00 (62.14) 52 Hang Seng Insurance Company Limited 100.00 (62.14) 52 Hang Seng Investment Management Limited 100.00 (62.14) 52 Hang Seng Investment Services Limited 100.00 52 Hang Seng Life Limited 100.00 52 Hang Seng Real Estate Management Limited 100.00 52 Hang Seng Securities Limited 100.00 52 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Hang Seng Security Management Limited 100.00 52 Haseba Investment Company Limited 100.00 52 HFC Bank Limited (in liquidation) 100.00 40 HFC Company LLC 100.00 25 High Time Investments Limited 100.00 (62.14) 52 HITG Administration GmbH 100.00 58 Honey Green Enterprises Ltd. 100.00 59 Hongkong International Trade Finance (Holdings) Limited (in liquidation) 100.00 17 Household Capital Markets LLC 100.00 25 Household Commercial Financial Services, Inc. 100.00 26 Household Finance Consumer Discount Company 100.00 25 Household Finance Corporation II 100.00 25 Household Finance Corporation III 100.00 25 Household Finance Corporation of Alabama 100.00 224 Household Finance Corporation of California 100.00 25 Household Finance Industrial Loan Company of Iowa 100.00 225 Household Finance Realty Corporation of Nevada 100.00 25 Household Finance Realty Corporation of New York 100.00 25 Household Financial Center Inc. 100.00 25 Household Industrial Finance Company 100.00 226 Household Insurance Group Holding Company 100.00 227 Household International Europe Limited (in liquidation) 100.00 3, 40 Household Pooling Corporation 100.00 60 Household Realty Corporation 100.00 25 HRMG Nominees Limited 100.00 20 HSBC (BGF) Investments Limited 100.00 17 HSBC (BVI) Limited (in liquidation) 100.00 56 HSBC (General Partner) Limited 100.00 2, 61 HSBC (Guernsey) GP PCC Limited 100.00 1, 20 HSBC (Kuala Lumpur) Nominees Sdn Bhd 100.00 62 HSBC (Malaysia) Trustee Berhad 100.00 63 HSBC (Singapore) Nominees Pte Ltd 100.00 64 HSBC Administradora de Inversiones S.A. 100.00 (99.65) 65 HSBC Agency (India) Private Limited 100.00 66 HSBC Alpha Funding (UK) Holdings LP (in liquidation) n/a 7, 67 HSBC Alternative Investments Limited 100.00 17 HSBC Amanah Malaysia Berhad 100.00 62 HSBC Amanah Takaful (Malaysia) Berhad 49.00 56, 62 HSBC Americas Corporation (Delaware) 100.00 25 HSBC Argentina Holdings S.A. 100.00 68 HSBC Asia Holdings (UK) Limited 100.00 17 HSBC Asia Holdings B.V. 100.00 3, 17 HSBC Asia Holdings Limited 100.00 2, 69 HSBC Asia Pacific Holdings (UK) Limited 100.00 17 HSBC Asset Finance (UK) Limited 100.00 17 HSBC Asset Finance Holdings Limited 100.00 17 HSBC Asset Finance M.O.G. Holdings (UK) Limited 100.00 17 HSBC Asset Management (India) Private Limited 100.00 (99.99) 3, 9, 70 HSBC Assurances Vie (France) 100.00 (99.99) 4, 9, 50 HSBC Australia Holdings Pty Limited 100.00 15 HSBC Bank (Chile) 100.00 (99.99) 9, 71 HSBC Bank (China) Company Limited 100.00 12, 72 HSBC Bank (General Partner) Limited 100.00 61 HSBC Bank (Mauritius) Limited 72.95 73 HSBC Bank (RR) (Limited Liability Company) 100.00 13, 74 HSBC Bank (Singapore) Limited 100.00 64 HSBC Bank (Taiwan) Limited 100.00 75 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Bank (Uruguay) S.A. 100.00 76 HSBC Bank (Vietnam) Ltd. 100.00 77 HSBC Bank A.S. 100.00 78 HSBC Bank Argentina S.A. 100.00 (99.99) 79 HSBC Bank Armenia cjsc 70.00 80 HSBC Bank Australia Limited 100.00 15 HSBC Bank Bermuda Limited 100.00 21 HSBC Bank Canada 100.00 81 HSBC Bank Capital Funding (Sterling 1) LP 100.00 7, 61 HSBC Bank Capital Funding (Sterling 2) LP 100.00 7, 61 HSBC Bank Egypt S.A.E 94.54 82 HSBC Bank International Limited 100.00 83 HSBC Bank Malaysia Berhad 100.00 62 HSBC Bank Malta p.l.c. 70.03 84 HSBC Bank Middle East Limited 100.00 5, 85 HSBC Bank Middle East Limited, Representative Office Morocco SARL 100.00 86 HSBC Bank Nominee (Jersey) Limited 100.00 83 HSBC Bank Oman S.A.O.G. 51.00 87 HSBC Bank Pension Trust (UK) Limited 100.00 17 HSBC Bank plc 100.00 2, 17 HSBC Bank Polska S.A. 100.00 3, 88 HSBC Bank USA, National Association 100.00 3, 89 HSBC Branch Nominee (UK) Limited 100.00 17 HSBC Brasil Holding S.A. 100.00 90 HSBC Brasil S.A. Banco De Investimento 100.00 90 HSBC Broking Forex (Asia) Limited 100.00 69 HSBC Broking Futures (Asia) Limited 100.00 69 HSBC Broking Futures (Hong Kong) Limited 100.00 69 HSBC Broking Nominees (Asia) Limited 100.00 69 HSBC Broking Securities (Asia) Limited 100.00 69 HSBC Broking Securities (Hong Kong) Limited 100.00 69 HSBC Broking Services (Asia) Limited 100.00 69 HSBC Canada Holdings (UK) Limited 100.00 17 HSBC Canadian Covered Bond (Legislative) GP Inc 100.00 199 HSBC Capital (Canada) Inc. 100.00 91 HSBC Capital (USA), Inc. 100.00 25 HSBC Capital Funding (Dollar 1) L.P. 100.00 61 HSBC Capital Limited 100.00 69 HSBC Card Services Inc. 100.00 25 HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC Cayman Services Limited 100.00 33 HSBC City Funding Holdings 100.00 17 HSBC Client Holdings Nominee (UK) Limited 100.00 17 HSBC Client Share Offer Nominee (UK) Limited 100.00 17 HSBC Columbia Funding, LLC 100.00 25 HSBC Corporate Advisory (Malaysia) Sdn Bhd 100.00 62 HSBC Corporate Finance (Hong Kong) Limited 100.00 69 HSBC Corporate Trustee Company (UK) Limited 100.00 17 HSBC Credit Center, Inc. 100.00 25 HSBC Custody Nominees (Australia) Limited 100.00 15 HSBC Custody Services (Guernsey) Limited 100.00 20 HSBC Daisy Investments (Mauritius) Limited 100.00 92 HSBC Diversified Loan Fund General Partner Sarl 100.00 93 HSBC Electronic Data Processing (Guangdong) Limited 100.00 12, 94 HSBC Electronic Data Processing (Malaysia) Sdn Bhd 100.00 95 HSBC Electronic Data Processing (Philippines), Inc. 100.00 96 HSBC Electronic Data Processing India Private Limited 100.00 97 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Electronic Data Processing Lanka (Private) Limited 100.00 98 HSBC Electronic Data Service Delivery (Egypt) S.A.E. 100.00 99 HSBC Enterprise Investment Company (UK) Limited 100.00 17 HSBC Epargne Entreprise (France) 100.00 (99.99) 4, 9, 50 HSBC Equator (UK) Limited (in liquidation) 100.00 17 HSBC Equipment Finance (UK) Limited 100.00 17 HSBC Equities (Luxembourg) S.a r.l. (in liquidation) 100.00 1, 100 HSBC Equity (UK) Limited 100.00 17 HSBC Europe B.V. 100.00 17 HSBC European Clients Depositary Receipts Nominee (UK) Limited (in liquidation) 100.00 17 HSBC Executor & Trustee Company (UK) Limited 100.00 17 HSBC Factoring (France) 100.00 (99.99) 4, 9, 46 HSBC Finance (Brunei) Berhad 100.00 101 HSBC Finance (Netherlands) 100.00 2, 17 HSBC Finance Corporation 100.00 25 HSBC Finance Limited 100.00 17 HSBC Finance Mortgages Inc. 100.00 102 HSBC Finance Transformation (UK) Limited 100.00 2, 17 HSBC Financial Services (Lebanon) s.a.l. 99.70 103 HSBC Financial Services (Middle East) Limited (In Liquidation) 100.00 104 HSBC Financial Services (Uruguay) S.A. (in liquidation) 100.00 105 HSBC France 99.99 4, 46 HSBC Fund Services (Korea) Limited 92.95 1, 106 HSBC Funding (UK) Holdings 100.00 17 HSBC Germany Holdings GmbH 100.00 53 HSBC Gestion (Monaco) SA 99.80 107 HSBC Global Asset Management (Bermuda) Limited 100.00 21 HSBC Global Asset Management (Canada) Limited 100.00 108 HSBC Global Asset Management (Deutschland) GmbH 100.00 (80.67) 9, 53 HSBC Global Asset Management (France) 100.00 (99.99) 4, 9, 109 HSBC Global Asset Management (Hong Kong) Limited 100.00 23 HSBC Global Asset Management (International) Limited 100.00 110 HSBC Global Asset Management (Japan) K. K. 100.00 111 HSBC Global Asset Management (Malta) Limited 100.00 (70.02) 112 HSBC Global Asset Management (México), S.A. de C.V., Sociedad Operadora de Fondos de Inversión, Grupo Financiero HSBC 99.99 9, 16 HSBC Global Asset Management (Oesterreich) GmbH 100.00 (80.67) 6, 9, 222 HSBC Global Asset Management (Singapore) Limited 100.00 64 HSBC Global Asset Management (Switzerland) AG 100.00 (90.33) 4, 9, 113 HSBC Global Asset Management (Taiwan) Limited 100.00 114 HSBC Global Asset Management (UK) Limited 100.00 17 HSBC Global Asset Management (USA) Inc. 100.00 115 HSBC Global Asset Management Holdings (Bahamas) Limited 100.00 116 HSBC Global Asset Management Limited 100.00 17 HSBC Global Custody Nominee (UK) Limited 100.00 17 HSBC Global Custody Proprietary Nominee (UK) Limited 100.00 17 HSBC Global Services (Hong Kong) Limited 100.00 69 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Global Services (UK) Limited 100.00 17 HSBC Global Services Limited 100.00 2, 17 HSBC Global Shared Services (India) Private Limited (in liquidation) 100.00 (99.99) 9, 66 HSBC Group Management Services Limited 100.00 17 HSBC Group Nominees UK Limited 100.00 1, 2, 17 HSBC Holdings B.V. 100.00 17 HSBC Home Equity Loan Corporation II 100.00 25 HSBC IM Pension Trust Limited 100.00 1, 17 HSBC Infrastructure Limited 100.00 17 HSBC INKA Investment-AG TGV 100.00 (80.67) 9, 14, 117 HSBC Inmobiliaria (Mexico), S.A. de C.V. 99.99 9, 16 HSBC Institutional Trust Services (Asia) Limited 100.00 69 HSBC Institutional Trust Services (Bermuda)

Investments in subsidiaries

Investments in subsidiaries	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Investments in subsidiaries	18 Investments in subsidiaries Principal subsidiaries of HSBC Holdings At 31 Dec 2017 Country of incorporation or registration HSBC’s interest % Share class Europe HSBC Bank plc England and Wales 100 £1 Ordinary and Preferred Ordinary, $0.01 Non-cumulative third Dollar Preference Shares HSBC France France 99.99 €5 Actions HSBC Assurances Vie (France) France 99.99 287.50 EUR Ordinary shares HSBC Private Banking Holdings (Suisse) SA Switzerland 100 CHF1,000 Ordinary HSBC Trinkaus & Burkhardt AG Germany 80.67 Stückaktien no par value Asia Hang Seng Bank Limited Hong Kong 62.14 HK$5 Ordinary HSBC Bank Australia Limited Australia 100 Ordinary no par value HSBC Bank (China) Company Limited PRC 4 100 CNY1 Ordinary HSBC Bank Malaysia Berhad Malaysia 100 RM0.50 Ordinary HSBC Bank (Taiwan) Limited Taiwan 100 TWD10 Ordinary HSBC Life (International) Limited Bermuda 100 HK$1 Ordinary The Hongkong and Shanghai Banking Corporation Limited Hong Kong 100 Ordinary no par value, CIP 1 and NIP 2 HSBC Bank (Singapore) Limited Singapore 100 SGD100 Ordinary Middle East and North Africa HSBC Bank Middle East Limited United Arab Emirates 100 $1 Ordinary and $1 CRP 3 HSBC Bank Egypt S.A.E. Egypt 94.54 EGP84 Ordinary North America HSBC Bank Canada Canada 100 Common no par value and Preference no par value HSBC Bank USA, N.A. USA 100 $100 Common and $0.01 Preference HSBC Securities (USA) Inc. USA 100 $0.05 Common Latin America HSBC Mexico, S.A., Institución de Banca Múltiple, Mexico 99.99 MXN2 Ordinary 1 Cumulative Irredeemable Preference shares. 2 Non-cumulative Irredeemable Preference shares. 3 Cumulative Redeemable Preference shares. 4 People’s Republic of China. Details of the debt, subordinated debt and preference shares issued by the principal subsidiaries to parties external to the Group are included in Notes 24 ‘Debt securities in issue’, 27 ‘Subordinated liabilities’ and 30 ‘Non-controlling interests’, respectively. A list of all related undertakings is set out on pages 288 to 297 . The principal countries of operation are the same as the countries of incorporation except for HSBC Life (International) Limited, which operates mainly in Hong Kong. HSBC is structured as a network of regional banks and locally incorporated regulated banking entities. Each bank is separately capitalised in accordance with applicable prudential requirements and maintains a capital buffer consistent with the Group’s risk appetite for the relevant country or region. HSBC’s capital management process is incorporated in the Annual Operating Plan, which is approved by the Board. HSBC Holdings is the primary provider of equity capital to its subsidiaries and also provides them with non-equity capital where necessary. These investments are substantially funded by HSBC Holdings’ issuance of equity and non-equity capital, and by profit retention. The reduction in HSBC Holdings investments in subsidiaries of $2,920m during the year (2016: $1,920m ) is driven by $4,070m return of capital from subsidiaries (2016: $3,898m ), $242m intra-group disposals (2016: $0m ), $352m of other movements including provisions (2016: $95m ) partially offset by $1,744m of new capital injections (2016: $2,073m ). As part of its capital management process, HSBC Holdings seeks to maintain a balance between the composition of its capital and its investment in subsidiaries. Subject to this, there is no current or foreseen impediment to HSBC Holdings’ ability to provide funding for such investments. During 2017, consistent with the Group’s capital plan, the Group’s subsidiaries did not experience any significant restrictions on paying dividends or repaying loans and advances. Also, there are no foreseen restrictions envisaged with regard to planned dividends or payments. However, the ability of subsidiaries to pay dividends or advance monies to HSBC Holdings depends on, among other things, their respective local regulatory capital and banking requirements, exchange controls, statutory reserves, and financial and operating performance. The amount of guarantees by HSBC Holdings in favour of other Group entities is set out in Note 32 . Information on structured entities consolidated by HSBC where HSBC owns less than 50% of the voting rights is included in Note 19 ‘Structured entities’. In each of these cases, HSBC controls and consolidates an entity when it is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries with significant non-controlling interests 2017 2016 Hang Seng Bank Limited Proportion of ownership interests and voting rights held by non-controlling interests 37.86% 37.86% Place of business Hong Kong Hong Kong $m $m Profit attributable to non-controlling interests 997 814 Accumulated non-controlling interests of the subsidiary 6,233 5,792 Dividends paid to non-controlling interests 594 811 Summarised financial information: – total assets 186,638 175,242 – total liabilities 169,275 159,035 – net operating income before loan impairment 4,556 3,937 – profit for the year 2,632 2,148 – total comprehensive income for the year 2,895 2,044

Structured entities

Structured entities	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Structured entities	17 Interests in associates and joint ventures Associates At 31 December 2017, the carrying amount of HSBC’s interests in associates was $22,577m (2016: $19,874m ). Principal associates of HSBC 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Bank of Communications Co., Limited 18,057 10,491 15,765 10,207 The Saudi British Bank 3,618 4,320 3,280 3,999 1 Principal associates are listed on recognised stock exchanges. The fair values are based on the quoted market prices of the shares held (Level 1 in the fair value hierarchy). At 31 Dec 2017 Footnote Country of incorporation and principal place of business Principal activity HSBC’s interest % Bank of Communications Co., Limited 1 PRC Banking services 19.03 The Saudi British Bank Saudi Arabia Banking services 40.00 1 People’s Republic of China. A list of all associates and joint ventures is set out on page 294 . Bank of Communications Co., Limited The Group’s significant influence in Bank of Communications Co., Limited (‘BoCom’) was established via representation on BoCom’s board of directors and a technical cooperation and exchange programme. Under this programme, a number of HSBC staff have been seconded to assist in the maintenance of BoCom’s financial and operating policies. Impairment testing At 31 December 2017, the fair value of HSBC’s investment in BoCom had been below the carrying amount for approximately 68 months. As a result, the Group performed an impairment test on the carrying amount of the investment in BoCom, which confirmed there was no impairment at 31 December 2017. At 31 Dec 2017 At 31 Dec 2016 VIU Carrying value Fair VIU Carrying value Fair $bn $bn $bn $bn $bn $bn Bank of Communications Co., Limited 18.3 18.1 10.5 16.1 15.8 10.2 Basis of recoverable amount The impairment test was performed by comparing the recoverable amount of BoCom, determined by a value in use (‘VIU’) calculation, with its carrying amount. The VIU calculation uses discounted cash flow projections based on management’s estimates of earnings. Cash flows beyond the short to medium term are extrapolated in perpetuity using a long-term growth rate to derive a terminal value, which comprises the majority of VIU. An imputed capital maintenance charge (‘CMC’) is calculated to reflect expected regulatory capital requirements, and is deducted from forecast cash flows. The principal inputs to the CMC calculation include estimates of asset growth, the ratio of risk-weighted assets to total assets, and the expected minimum regulatory capital requirements. An increase in the CMC as a result of a change to these principal inputs would reduce VIU. Additionally, management considers other factors (including qualitative factors) to ensure that the inputs to the VIU calculation remain appropriate. Significant management judgement is required in estimating the future cash flows of BoCom. Key assumptions in value in use calculation We used a number of assumptions in our VIU calculation: • Long-term profit growth rate of 3% (2016: 5% ) for periods after 2020, which does not exceed forecast GDP growth in mainland China and is within the range forecast by external analysts. • Long-term asset growth rate of 3% (2016: 4% ) for periods after 2020, which is the rate that assets are expected to grow to achieve long-term profit growth of 3% . • Discount rate of 11.85% (2016: 13.0% ), which is based on a capital asset pricing model (‘CAPM’) calculation for BoCom, using market data. Management also compares rates derived from the CAPM with discount rates from external sources. The discount rate used was within the range of 10.2% to 13.4% (2016: 10.2% to 15.0% ) indicated by external sources. • Loan impairment charge as a percentage of customer advances: a range from 0.66% to 0.82% (2016: 0.72% to 0.87% ) in the short to medium term, largely based on forecasts disclosed by external analysts. For periods after 2020, the ratio is 0.70% (2016: 0.70% ), slightly higher than the historical average. • Risk-weighted assets as a percentage of total assets: 62% (2016: 62% ) for all forecast periods. This is consistent with the forecasts disclosed by external analysts. • Cost-income ratio: ranges from 37.1% to 38.0% (2016: 40.0% ) in the short to medium term. This is slightly higher than the forecasts disclosed by external analysts. The long-term profit growth rate, long-term asset growth rate and discount rate assumptions were updated in 2017 to better align with market practice when setting long-term assumptions in VIU calculations. The long-term profit growth rate was set at the lower end of the range forecast by external analysts and there was a corresponding change to the long-term asset growth rate. These changes reduced management’s uncertainty in respect of estimated future cash flows and accordingly the discount rate was set based on CAPM with no adjustment for uncertainty in future cash flows. The following table shows the change to each key assumption in the VIU calculation that on its own would reduce the headroom to nil. Key assumption Changes to key assumption to reduce headroom to nil • Long-term profit growth rate • Decrease by 11 basis points • Long-term asset growth rate • Increase by 10 basis points • Discount rate • Increase by 13 basis points • Loan impairment charge as a percentage of customer advances • Increase by 2 basis points • Risk-weighted assets as a percentage of total assets • Increase by 63 basis points • Cost-income ratio • Increase by 46 basis points The following table illustrates the effect on VIU of reasonably possible changes to key assumptions. This reflects the sensitivity of the VIU to each key assumption on its own, and it is possible that more than one favourable and/or unfavourable change will occur at the same time. The selected rates of reasonably possible changes to key assumptions is largely based on external analysts’ forecasts which can change period to period. Sensitivity of VIU to reasonably possible changes in key assumptions Favourable change Unfavourable change Increase VIU Decrease VIU bps $bn $bn bps $bn $bn At 31 Dec 2017 Long-term profit growth rate 200 6.6 24.9 — — 18.3 Long-term asset growth rate (20 ) 0.5 18.9 200 (7.1 ) 11.2 Discount rate (35 ) 0.7 19.1 65 (1.2 ) 17.1 Loan impairment charge as a percentage of customer advances 2017-20: 0.71% 0.1 18.5 2017-20: 0.90% (1.3 ) 17.0 Risk-weighted assets as a percentage of total assets (60 ) 0.2 18.6 30 (0.1 ) 18.2 Cost-income ratio (173 ) 1.5 19.8 — — 18.3 At 31 Dec 2016 Long-term profit growth rate — — 16.1 (150 ) (3.3 ) 12.8 Long-term asset growth rate (80 ) 1.8 17.8 — — 16.1 Discount rate (100 ) 2.3 18.4 — — 16.1 Loan impairment charge as a percentage of customer advances — — 16.1 2016-19: 0.93% (1.1 ) 15.0 Risk-weighted assets as a percentage of total assets (30 ) 0.1 16.2 170 (0.6 ) 15.5 Cost income ratio (170 ) 0.9 17.0 250 (1.4 ) 14.7 Considering the interrelationship of the changes set out in the table above, management estimates that the reasonably possible range of VIU is $14.7b n to $21.1 bn (2016: $10.8b n to $19.0b n). Selected financial information of BoCom The statutory accounting reference date of BoCom is 31 December. For the year ended 31 December 2017, HSBC included the associate’s results on the basis of financial statements for the 12 months ended 30 September 2017, taking into account changes in the subsequent period from 1 October 2017 to 31 December 2017 that would have materially affected the results. Selected balance sheet information of BoCom At 30 Sep 2017 2016 $m $m Cash and balances at central banks 146,029 137,844 Loans and advances to banks and other financial institutions 120,403 101,436 Loans and advances to customers 662,706 566,126 Other financial assets 386,067 311,207 Other assets 58,202 48,922 Total assets 1,373,407 1,165,535 Deposits by banks and other financial institutions 366,993 297,442 Customer accounts 747,882 680,915 Other financial liabilities 123,751 69,954 Other liabilities 32,568 27,860 Total liabilities 1,271,194 1,076,171 Total equity 102,213 89,364 Reconciliation of BoCom’s total shareholders’ equity to the carrying amount in HSBC’s consolidated financial statements At 30 Sep 2017 2016 $m $m HSBC’s share of total shareholders’ equity 17,551 15,285 Goodwill and other intangible assets 506 480 Carrying amount 18,057 15,765 Selected income statement information of BoCom For the 12 months ended 30 Sep 2017 2016 $m $m Net interest income 19,080 20,614 Net fee and commission income 5,698 5,493 Loan impairment charges (4,286 ) (4,284 ) Depreciation and amortisation (1,342 ) (1,216 ) Tax expense (2,234 ) (2,800 ) Profit for the year 10,288 10,151 Other comprehensive income (624 ) 875 Total comprehensive income 9,664 11,026 Dividends received from BoCom 565 580 Summarised aggregate financial information for all associates excluding BoCom 2017 2016 $m $m Carrying amount 4,520 4,109 HSBC’s share of: – total assets 20,625 20,757 – total liabilities 16,119 16,661 – revenues 1,051 923 – profit or loss from continuing operations 487 454 Joint ventures At 31 December 2017, the carrying amount of HSBC’s interests in joint ventures was $167m (2016: $155m ). Associates and joint ventures For the year ended 31 December 2017, HSBC’s share of associates’ and joint ventures’ tax on profit was $440m (2016: $542m ). This is included within ‘Share of profit in associates and joint ventures’ in the ‘Consolidated income statement’. Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). 19 Structured entities HSBC is mainly involved with both consolidated and unconsolidated structured entities through the securitisation of financial assets, conduits and investment funds, established either by HSBC or a third party. Consolidated structured entities Total assets of HSBC’s consolidated structured entities, split by entity type Conduits Securitisations HSBC Other Total $bn $bn $bn $bn $bn At 31 Dec 2017 12.9 4.8 7.0 3.2 27.9 At 31 Dec 2016 15.8 5.7 4.8 3.7 30.0 Conduits HSBC has established and manages two types of conduits: securities investment conduits (‘SICs’) and multi-seller conduits. Securities investment conduits The SICs purchase highly rated ABSs to facilitate tailored investment opportunities. • Solitaire – At 31 December 2017 , Solitaire, HSBC’s principal SIC held $3.2b n of ABSs ( 2016 : $4.7b n). These are included within the disclosures of ABSs on page 140 . It is currently funded entirely by commercial paper (‘CP’) issued to HSBC. Although HSBC continues to provide a liquidity facility, Solitaire has no need to draw on it as long as HSBC purchases its issued CP, which HSBC intends to do for the foreseeable future. At 31 December 2017 , HSBC held $4.6b n of CP ( 2016 : $6.1b n). • Mazarin, Barion and Malachite – All three SICs are now funded by medium-term notes, and are no longer funded by repurchase agreements. HSBC’s primary exposure to Mazarin, Barion and Malachite is represented by the amortised cost of the debt required to support the non-cash assets of the vehicles. At 31 December 2017 , this amounted to $0.9b n ( 2016 : $1.3b n). For all three SICs first loss protection is provided through the capital notes issued by these vehicles, which are held substantially by third parties. Multi-seller conduit HSBC’s multi-seller conduit was established to provide access to flexible market-based sources of finance for its clients. Currently, HSBC bears risk equal to the transaction-specific facility offered to the multi-seller conduit, amounting to $15.7b n at 31 December 2017 ( 2016 : $15.2b n (restated)). First loss protection is provided by the originator of the assets, and not by HSBC, through transaction-specific credit enhancements. A layer of secondary loss protection is provided by HSBC in the form of programme-wide enhancement facilities. Securitisations HSBC uses structured entities to securitise customer loans and advances it originates in order to diversify its sources of funding for asset origination and capital efficiency purposes. The loans and advances are transferred by HSBC to the structured entities for cash or synthetically through credit default swaps, and the structured entities issue debt securities to investors. HSBC managed funds HSBC has established a number of money market and non-money market funds. Where it is deemed to be acting as principal rather than agent in its role as investment manager, HSBC controls these funds. Other HSBC has also entered into a number of transactions in the normal course of business which include asset and structured finance transactions where it has control of the structured entity. In addition, HSBC is deemed to control a number of third-party managed funds through its involvement as a principal in the funds. Unconsolidated structured entities The term ‘unconsolidated structured entities’ refers to all structured entities not controlled by HSBC. The Group enters into transactions with unconsolidated structured entities in the normal course of business to facilitate customer transactions and for specific investment opportunities. Nature and risks associated with HSBC interests in unconsolidated structured entities Securitisations HSBC Non-HSBC Other Total Total asset values of the entities ($m) 0 – 500 78 321 930 210 1,539 500 – 2,000 6 56 578 3 643 2,000 – 5,000 — 17 235 — 252 5,000 – 25,000 2 10 104 1 117 25,000+ — 2 11 — 13 Number of entities at 31 Dec 2017 86 406 1,858 214 2,564 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 4.0 9.1 9.3 4.1 26.5 – trading assets — 0.2 0.2 2.4 2.8 – financial assets designated at fair value — 8.0 8.3 — 16.3 – loans and advances to banks — — — 0.1 0.1 – loans and advances to customers 4.0 — — 1.1 5.1 – financial investments — 0.9 0.8 0.1 1.8 – other assets — — — 0.4 0.4 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.3 0.3 – other liabilities — — — 0.3 0.3 Other off balance sheet commitments — 0.1 2.2 0.3 2.6 HSBC’s maximum exposure at 31 Dec 2017 4.0 9.2 11.5 4.4 29.1 Total asset values of the entities ($m) 0 – 500 93 374 1,104 95 1,666 500 – 2,000 10 43 498 5 556 2,000 – 5,000 — 22 187 2 211 5,000 – 25,000 — 8 72 2 82 25,000+ — 1 4 1 6 Number of entities at 31 Dec 2016 103 448 1,865 105 2,521 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 2.4 7.1 8.3 6.2 24.0 – trading assets — 0.4 0.1 2.1 2.6 – financial assets designated at fair value — 5.9 7.5 — 13.4 – loans and advances to banks — — — 0.4 0.4 – loans and advances to customers 2.4 — — 3.2 5.6 – financial investments — 0.8 0.7 0.2 1.7 – other assets — — — 0.3 0.3 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.2 0.2 – other liabilities — — — 0.2 0.2 Other off balance sheet commitments — — 2.7 0.1 2.8 HSBC’s maximum exposure at 31 Dec 2016 2.4 7.1 11.0 6.3 26.8 The maximum exposure to loss from HSBC’s interests in unconsolidated structured entities represents the maximum loss it could incur as a result of its involvement with these entities regardless of the probability of the loss being incurred. • For commitments, guarantees and written credit default swaps, the maximum exposure to loss is the notional amount of potential future losses. • For retained and purchased investments in and loans to unconsolidated structured entities, the maximum exposure to loss is the carrying value of these interests at the balance sheet reporting date. The maximum exposure to loss is stated gross of the effects of hedging and collateral arrangements entered into to mitigate HSBC’s exposure to loss. Securitisations HSBC has interests in unconsolidated securitisation vehicles through holding notes issued by these entities. In addition, HSBC has investments in ABSs issued by third-party structured entities as set out on page 140 . HSBC managed funds HSBC establishes and manages money market funds and non-money market investment funds to provide customers with investment opportunities. Further information on funds under management is provided on page 83 . HSBC, as fund manager, may be entitled to receive management and performance fees based on the assets under management. HSBC may also retain units in these funds. Non-HSBC managed funds HSBC purchases and holds units of third-party managed funds in order to facilitate business and meet customer needs. In addition to entities, asset and liability classes disclosed above HSBC enters into derivative contracts with Non-HSBC managed funds. These interests arise in the normal course of business for the facilitation of third-party transactions and risk management solutions. Note 14 provides information on derivatives entered into by HSBC. Other HSBC has established structured entities in the normal course of business, such as structured credit transactions for customers, to provide finance to public and private sector infrastructure projects, and for asset and structured finance transactions. In addition to entities, asset and liability classes disclosed above HSBC enters into derivative contracts with Other Structured Entities. These interests arise in the normal course of business for the facilitation of third-party transactions and risk management solutions. Note 14 provides information on derivatives entered into by HSBC. HSBC sponsored structured entities The amount of assets transferred to and income received from such sponsored entities during 2017 and 2016 were not significant. 37 HSBC Holdings’ subsidiaries, joint ventures and associates In accordance with section 409 of the Companies Act 2006 a list of HSBC Holdings plc subsidiaries, joint ventures and associates, the registered office address and the effective percentage of equity owned at 31 December 2017 is disclosed below. Unless otherwise stated, the share capital comprises ordinary or common shares which are held by Group subsidiaries. The ownership percentage is provided for each undertaking. The undertakings below are consolidated by HSBC unless otherwise indicated. Subsidiaries Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes ACN 087 652 113 Pty Limited 100.00 15 Almacenadora Banpacifico S.A. (in liquidation) 99.99 9, 16 Assetfinance December (F) Limited 100.00 17 Assetfinance December (H) Limited 100.00 17 Assetfinance December (M) Limited 100.00 17 Assetfinance December (P) Limited 100.00 17 Assetfinance December (R) Limited 100.00 17 Assetfinance June (A) Limited 100.00 17 Assetfinance June (D) Limited 100.00 17 Assetfinance Limited 100.00 17 Assetfinance March (B) Limited 100.00 18 Assetfinance March (D) Limited 100.00 17 Assetfinance March (F) Limited 100.00 17 Assetfinance September (F) Limited 100.00 17 Assetfinance September (G) Limited 100.00 17 B&Q Financial Services Limited 100.00 19 Banco Nominees (Guernsey) Limited 100.00 9, 20 Banco Nominees 2 (Guernsey) Limited 100.00 20 Banco Nominees Limited 100.00 21 Bank of Bermuda (Cayman) Limited 100.00 22 Beau Soleil Limited Partnership n/a 7, 9, 23 Beijing Miyun HSBC Rural Bank Company Limited 100.00 12, 24 Beneficial Company LLC 100.00 25 Beneficial Consumer Discount Company 100.00 26 Beneficial Financial I Inc. 100.00 27 Beneficial Florida Inc. 100.00 25 Beneficial Homeowner Service Corporation 100.00 25 Beneficial Kentucky Inc. 100.00 25 Beneficial Loan & Thrift Co. 100.00 25 Beneficial Louisiana Inc. 100.00 25 Beneficial Maine Inc. 100.00 25 Beneficial Massachusetts Inc. 100.00 25 Beneficial Michigan Inc. 100.00 25 Beneficial New Hampshire Inc. 100.00 25 Beneficial Oregon Inc. 100.00 25 Beneficial Rhode Island Inc. 100.00 25 Beneficial South Dakota Inc. 100.00 25 Beneficial Tennessee Inc. 100.00 28 Beneficial West Virginia, Inc. 100.00 29 Beneficial Wyoming Inc. 100.00 30 BFC Insurance Agency of Nevada 100.00 223 Billingsgate Nominees Limited 100.00 17 Cal-Pacific Services, Inc. 100.00 27 Canada Crescent Nominees (UK) Limited 100.00 17 Canada Square Nominees (UK) Limited 100.00 17 Canada Square Property Participations Limited 100.00 17 Canada Water Nominees (UK) Limited 100.00 17 Capco/Cove, Inc. 100.00 31 Card-Flo #1, Inc. 100.00 32 Card-Flo #3, Inc. 100.00 25 Cayman International Finance Limited 100.00 33 CC&H Holdings LLC 100.00 34 CCF Charterhouse GmbH & Co Asset Leasing KG (In Liquidation) 100.00 (99.99) 35 CCF Charterhouse GmbH (in Liquidation) 100.00 (99.99) 4, 35 CCF Holding (LIBAN) S.A.L. (in liquidation) 74.99 1, 36 CCF & Partners Asset Management Limited 99.99 17 Charterhouse Administrators ( D.T.) Limited 100.00 (99.99) 9, 17 Charterhouse Development Limited 100.00 17 Charterhouse Management Services Limited 100.00 (99.99) 9, 17 Charterhouse Pensions Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Chongqing Dazu HSBC Rural Bank Company Limited (100.00) 12, 37 Chongqing Fengdu HSBC Rural Bank Company Limited 100.00 12, 38 Chongqing Rongchang HSBC Rural Bank Company Limited 100.00 12, 39 CL Residential Limited (in liquidation) 100.00 40 COIF Nominees Limited 100.00 17 Cordico Management AG 100.00 41 Corhold Limited (in liquidation) 100.00 42 Dalian Pulandian HSBC Rural Bank Company Limited 100.00 12, 43 Decision One Mortgage Company, LLC 100.00 44 Dem 5 100.00 (99.99) 4, 9, 45 Dem 9 100.00 (99.99) 4, 9, 45 Dempar 1 100.00 (99.99) 4, 9, 46 Dempar 4 100.00 (99.99) 9, 46 Desarrollo Turistico, S.A. de C.V. 99.99 9, 16 Ellenville Holdings, Inc. 100.00 31 Elysees GmbH (in Liquidation) 100.00 (99.99) 35 Elysées Immo Invest 100.00 (99.99) 4, 47 EMTT Limited (in liquidation) 100.00 17 Equator Holdings Limited (in liquidation) 100.00 17 Eton Corporate Services Limited 100.00 20 Far East Leasing SA 100.00 48 Fdm 5 SAS 100.00 (99.99) 4, 9, 45 FEPC Leasing Ltd. 100.00 49 Finanpar 2 100.00 (99.99) 4, 9, 47 Finanpar 7 100.00 (99.99) 4, 9, 47 Flandres Contentieux S.A. 100.00 (99.99) 1, 4, 9, 50 Foncière Elysées 100.00 (99.99) 4, 9, 46 Forward Trust Rail Services Limited 100.00 17 Fujian Yongan HSBC Rural Bank Company Limited 100.00 12, 51 Fulcher Enterprises Company Limited 100.00 (62.14) 52 Fundacion HSBC, A.C. 99.99 1, 9, 11, 16 Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH 100.00 (80.67) 9, 53 Gesico International SA (in liquidation) 100.00 54 Giller Ltd. 100.00 31 GPIF Co-Investment, LLC 80.00 25 GPIF-I Equity Co., Ltd. 100.00 8, 22 GPIF-I Finance Co., Ltd 100.00 8, 22 Griffin International Limited 100.00 17 Grupo Financiero HSBC, S. A. de C. V. 99.99 9, 16 Guangdong Enping HSBC Rural Bank Company Limited 100.00 12, 55 GZ Guyerzeller Corporation (in liquidation) 100.00 129 Hang Seng (Nominee) Limited 100.00 (62.14) 52 Hang Seng Bank (China) Limited 100.00 (62.14) 12, 57 Hang Seng Bank (Trustee) Limited 100.00 (62.14) 52 Hang Seng Bank Limited 62.14 52 Hang Seng Bullion Company Limited 100.00 (62.14) 52 Hang Seng Credit Limited 100.00 (62.14) 52 Hang Seng Data Services Limited 100.00 (62.14) 52 Hang Seng Finance Limited 100.00 (62.14) 52 Hang Seng Financial Information Limited 100.00 (62.14) 52 Hang Seng Futures Limited 100.00 (62.14) 52 Hang Seng Indexes Company Limited 100.00 (62.14) 52 Hang Seng Insurance Company Limited 100.00 (62.14) 52 Hang Seng Investment Management Limited 100.00 (62.14) 52 Hang Seng Investment Services Limited 100.00 52 Hang Seng Life Limited 100.00 52 Hang Seng Real Estate Management Limited 100.00 52 Hang Seng Securities Limited 100.00 52 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Hang Seng Security Management Limited 100.00 52 Haseba Investment Company Limited 100.00 52 HFC Bank Limited (in liquidation) 100.00 40 HFC Company LLC 100.00 25 High Time Investments Limited 100.00 (62.14) 52 HITG Administration GmbH 100.00 58 Honey Green Enterprises Ltd. 100.00 59 Hongkong International Trade Finance (Holdings) Limited (in liquidation) 100.00 17 Household Capital Markets LLC 100.00 25 Household Commercial Financial Services, Inc. 100.00 26 Household Finance Consumer Discount Company 100.00 25 Household Finance Corporation II 100.00 25 Household Finance Corporation III 100.00 25 Household Finance Corporation of Alabama 100.00 224 Household Finance Corporation of California 100.00 25 Household Finance Industrial Loan Company of Iowa 100.00 225 Household Finance Realty Corporation of Nevada 100.00 25 Household Finance Realty Corporation of New York 100.00 25 Household Financial Center Inc. 100.00 25 Household Industrial Finance Company 100.00 226 Household Insurance Group Holding Company 100.00 227 Household International Europe Limited (in liquidation) 100.00 3, 40 Household Pooling Corporation 100.00 60 Household Realty Corporation 100.00 25 HRMG Nominees Limited 100.00 20 HSBC (BGF) Investments Limited 100.00 17 HSBC (BVI) Limited (in liquidation) 100.00 56 HSBC (General Partner) Limited 100.00 2, 61 HSBC (Guernsey) GP PCC Limited 100.00 1, 20 HSBC (Kuala Lumpur) Nominees Sdn Bhd 100.00 62 HSBC (Malaysia) Trustee Berhad 100.00 63 HSBC (Singapore) Nominees Pte Ltd 100.00 64 HSBC Administradora de Inversiones S.A. 100.00 (99.65) 65 HSBC Agency (India) Private Limited 100.00 66 HSBC Alpha Funding (UK) Holdings LP (in liquidation) n/a 7, 67 HSBC Alternative Investments Limited 100.00 17 HSBC Amanah Malaysia Berhad 100.00 62 HSBC Amanah Takaful (Malaysia) Berhad 49.00 56, 62 HSBC Americas Corporation (Delaware) 100.00 25 HSBC Argentina Holdings S.A. 100.00 68 HSBC Asia Holdings (UK) Limited 100.00 17 HSBC Asia Holdings B.V. 100.00 3, 17 HSBC Asia Holdings Limited 100.00 2, 69 HSBC Asia Pacific Holdings (UK) Limited 100.00 17 HSBC Asset Finance (UK) Limited 100.00 17 HSBC Asset Finance Holdings Limited 100.00 17 HSBC Asset Finance M.O.G. Holdings (UK) Limited 100.00 17 HSBC Asset Management (India) Private Limited 100.00 (99.99) 3, 9, 70 HSBC Assurances Vie (France) 100.00 (99.99) 4, 9, 50 HSBC Australia Holdings Pty Limited 100.00 15 HSBC Bank (Chile) 100.00 (99.99) 9, 71 HSBC Bank (China) Company Limited 100.00 12, 72 HSBC Bank (General Partner) Limited 100.00 61 HSBC Bank (Mauritius) Limited 72.95 73 HSBC Bank (RR) (Limited Liability Company) 100.00 13, 74 HSBC Bank (Singapore) Limited 100.00 64 HSBC Bank (Taiwan) Limited 100.00 75 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Bank (Uruguay) S.A. 100.00 76 HSBC Bank (Vietnam) Ltd. 100.00 77 HSBC Bank A.S. 100.00 78 HSBC Bank Argentina S.A. 100.00 (99.99) 79 HSBC Bank Armenia cjsc 70.00 80 HSBC Bank Australia Limited 100.00 15 HSBC Bank Bermuda Limited 100.00 21 HSBC Bank Canada 100.00 81 HSBC Bank Capital Funding (Sterling 1) LP 100.00 7, 61 HSBC Bank Capital Funding (Sterling 2) LP 100.00 7, 61 HSBC Bank Egypt S.A.E 94.54 82 HSBC Bank International Limited 100.00 83 HSBC Bank Malaysia Berhad 100.00 62 HSBC Bank Malta p.l.c. 70.03 84 HSBC Bank Middle East Limited 100.00 5, 85 HSBC Bank Middle East Limited, Representative Office Morocco SARL 100.00 86 HSBC Bank Nominee (Jersey) Limited 100.00 83 HSBC Bank Oman S.A.O.G. 51.00 87 HSBC Bank Pension Trust (UK) Limited 100.00 17 HSBC Bank plc 100.00 2, 17 HSBC Bank Polska S.A. 100.00 3, 88 HSBC Bank USA, National Association 100.00 3, 89 HSBC Branch Nominee (UK) Limited 100.00 17 HSBC Brasil Holding S.A. 100.00 90 HSBC Brasil S.A. Banco De Investimento 100.00 90 HSBC Broking Forex (Asia) Limited 100.00 69 HSBC Broking Futures (Asia) Limited 100.00 69 HSBC Broking Futures (Hong Kong) Limited 100.00 69 HSBC Broking Nominees (Asia) Limited 100.00 69 HSBC Broking Securities (Asia) Limited 100.00 69 HSBC Broking Securities (Hong Kong) Limited 100.00 69 HSBC Broking Services (Asia) Limited 100.00 69 HSBC Canada Holdings (UK) Limited 100.00 17 HSBC Canadian Covered Bond (Legislative) GP Inc 100.00 199 HSBC Capital (Canada) Inc. 100.00 91 HSBC Capital (USA), Inc. 100.00 25 HSBC Capital Funding (Dollar 1) L.P. 100.00 61 HSBC Capital Limited 100.00 69 HSBC Card Services Inc. 100.00 25 HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC Cayman Services Limited 100.00 33 HSBC City Funding Holdings 100.00 17 HSBC Client Holdings Nominee (UK) Limited 100.00 17 HSBC Client Share Offer Nominee (UK) Limited 100.00 17 HSBC Columbia Funding, LLC 100.00 25 HSBC Corporate Advisory (Malaysia) Sdn Bhd 100.00 62 HSBC Corporate Finance (Hong Kong) Limited 100.00 69 HSBC Corporate Trustee Company (UK) Limited 100.00 17 HSBC Credit Center, Inc. 100.00 25 HSBC Custody Nominees (Australia) Limited 100.00 15 HSBC Custody Services (Guernsey) Limited 100.00 20 HSBC Daisy Investments (Mauritius) Limited 100.00 92 HSBC Diversified Loan Fund General Partner Sarl 100.00 93 HSBC Electronic Data Processing (Guangdong) Limited 100.00 12, 94 HSBC Electronic Data Processing (Malaysia) Sdn Bhd 100.00 95 HSBC Electronic Data Processing (Philippines), Inc. 100.00 96 HSBC Electronic Data Processing India Private Limited 100.00 97 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Electronic Data Processing Lanka (Private) Limited 100.00 98 HSBC Electronic Data Service Delivery (Egypt) S.A.E. 100.00 99 HSBC Enterprise Investment Company (UK) Limited 100.00 17 HSBC Epargne Entreprise (France) 100.00 (99.99) 4, 9, 50 HSBC Equator (UK) Limited (in liquidation) 100.00 17 HSBC Equipment Finance (UK) Limited 100.00 17 HSBC Equities (Luxembourg) S.a r.l. (in liquidation) 100.00 1, 100 HSBC Equity (UK) Limited 100.00 17 HSBC Europe B.V. 100.00 17 HSBC European Clients Depositary Receipts Nominee (UK) Limited (in liquidation) 100.00 17 HSBC Executor & Trustee Company (UK) Limited 100.00 17 HSBC Factoring (France) 100.00 (99.99) 4, 9, 46 HSBC Finance (Brunei) Berhad 100.00 101 HSBC Finance (Netherlands) 100.00 2, 17 HSBC Finance Corporation 100.00 25 HSBC Finance Limited 100.00 17 HSBC Finance Mortgages Inc. 100.00 102 HSBC Finance Transformation (UK) Limited 100.00 2, 17 HSBC Financial Services (Lebanon) s.a.l. 99.70 103 HSBC Financial Services (Middle East) Limited (In Liquidation) 100.00 104 HSBC Financial Services (Uruguay) S.A. (in liquidation) 100.00 105 HSBC France 99.99 4, 46 HSBC Fund Services (Korea) Limited 92.95 1, 106 HSBC Funding (UK) Holdings 100.00 17 HSBC Germany Holdings GmbH 100.00 53 HSBC Gestion (Monaco) SA 99.80 107 HSBC Global Asset Management (Bermuda) Limited 100.00 21 HSBC Global Asset Management (Canada) Limited 100.00 108 HSBC Global Asset Management (Deutschland) GmbH 100.00 (80.67) 9, 53 HSBC Global Asset Management (France) 100.00 (99.99) 4, 9, 109 HSBC Global Asset Management (Hong Kong) Limited 100.00 23 HSBC Global Asset Management (International) Limited 100.00 110 HSBC Global Asset Management (Japan) K. K. 100.00 111 HSBC Global Asset Management (Malta) Limited 100.00 (70.02) 112 HSBC Global Asset Management (México), S.A. de C.V., Sociedad Operadora de Fondos de Inversión, Grupo Financiero HSBC 99.99 9, 16 HSBC Global Asset Management (Oesterreich) GmbH 100.00 (80.67) 6, 9, 222 HSBC Global Asset Management (Singapore) Limited 100.00 64 HSBC Global Asset Management (Switzerland) AG 100.00 (90.33) 4, 9, 113 HSBC Global Asset Management (Taiwan) Limited 100.00 114 HSBC Global Asset Management (UK) Limited 100.00 17 HSBC Global Asset Management (USA) Inc. 100.00 115 HSBC Global Asset Management Holdings (Bahamas) Limited 100.00 116 HSBC Global Asset Management Limited 100.00 17 HSBC Global Custody Nominee (UK) Limited 100.00 17 HSBC Global Custody Proprietary Nominee (UK) Limited 100.00 17 HSBC Global Services (Hong Kong) Limited 100.00 69 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Global Services (UK) Limited 100.00 17 HSBC Global Services Limited 100.00 2, 17 HSBC Global Shared Services (India) Private Limited (in liquidation) 100.00 (99.99) 9, 66 HSBC Group Management Services Limited 100.00 17 HSBC Group Nominees UK Limited 100.00 1, 2, 17 HSBC Holdings B.V. 100.00 17 HSBC Home Equity Loan Corporation II 100.00 25 HSBC IM Pension Trust Limited 100.00 1, 17 HSBC Infrastructure Limited 100.00 17 HSBC INKA Investment-AG TGV 100.00 (80.67) 9, 14, 117 HSBC Inmobiliaria (Mexico), S.A. de C.V. 99.99 9, 16 HSBC Institutional Trust Services (Asia) Limited 100.00 69 HSBC Institutional Trust Services (Bermuda)

Goodwill and intangible assets

Goodwill and intangible assets	12 Months Ended
	Dec. 31, 2017
Intangible Assets [Abstract]
Goodwill and intangible assets	20 Goodwill and intangible assets 2017 2016 Footnote $m $m Goodwill 13,588 12,330 Present value of in-force long-term insurance business 6,610 6,502 Other intangible assets 1 3,255 2,514 At 31 Dec 23,453 21,346 1 Included within other intangible assets is internally generated software with a net carrying value of $ 2,641m (2016: $ 1,982m ). Movement analysis of goodwill 2017 2016 $m $m Gross amount At 1 Jan 21,445 22,187 Exchange differences 1,490 (562 ) Reclassified to held for sale — (183 ) Other (33 ) 3 At 31 Dec 22,902 21,445 Accumulated impairment losses At 1 Jan (9,115 ) (5,893 ) Impairment losses — (3,240 ) Exchange differences (327 ) — Other 128 18 At 31 Dec (9,314 ) (9,115 ) Net carrying amount at 31 Dec 13,588 12,330 Impairment testing The Group’s impairment test in respect of goodwill allocated to each cash generating unit (‘CGU’) is performed as at 1 July each year. A review for indicators of impairment is undertaken at each subsequent quarter-end and as at 31 December 2017. No indicators of impairment were identified as part of these reviews. Basis of the recoverable amount The recoverable amount of all CGUs to which goodwill has been allocated was equal to its value in use (‘VIU’) at each respective testing date for 2016 and 2017. For each CGU, the VIU is calculated by discounting management’s cash flow projections for the CGU. The key assumptions used in the VIU calculation for each significant CGU are discussed below. Key assumptions in VIU calculation Goodwill at Discount Nominal growth rate beyond initial cash flow projections Goodwill at Discount rate Nominal growth rate beyond initial cash flow projections Footnote $m % % $m % % Cash-generating unit Europe RBWM 3,508 8.9 3.7 3,446 8.9 3.6 CMB 2,570 9.9 3.6 2,517 9.7 3.8 Global GB&M 1 4,000 10.6 5.8 n/a n/a n/a 1 Subsequent to the 1 July 2016 annual test the CGU for Global Banking and Markets was amended from a regional to a global basis. The first formal impairment test for this CGU was performed as at 1 July 2017. At 1 July 2017, aggregate goodwill of $3,059m (1 July 2016: $3,025m ) had been allocated to CGUs that were not considered individually significant. The Group’s CGUs do not carry on their balance sheets any significant intangible assets with indefinite useful lives, other than goodwill. Management’s judgement in estimating the cash flows of a CGU The cash flow projections for each CGU are based on plans approved by the GMB. For the goodwill impairment test conducted at 1 July 2017, management’s cash flow projections until the end of 2021 were used. Discount rate The rate used to discount the cash flows is based on the cost of capital assigned to each CGU, which is derived using a capital asset pricing model (‘CAPM’). CAPM depends on a number of inputs reflecting financial and economic variables, including the risk-free rate and a premium to reflect the inherent risk of the business being evaluated. These variables are based on the market’s assessment of the economic variables and management’s judgement. The discount rates for each CGU are refined to reflect the rates of inflation for the countries within which the CGU operate. In addition, for the purposes of testing goodwill for impairment, management supplements this process by comparing the discount rates derived using the internally generated CAPM, with cost of capital rates produced by external sources for businesses operating in similar markets. Nominal long-term growth rate The long-term growth rate is used to extrapolate the cash flows in perpetuity because of the long-term perspective within the Group of business units making up the CGUs. These growth rates reflect GDP and inflation for the countries within which the CGU operates or derives revenue from. Sensitivities of key assumptions in calculating VIU At 1 July 2017, none of the CGUs were sensitive to reasonably possible adverse changes in key assumptions supporting the recoverable amount. In making an estimate of reasonably possible changes to assumptions, management considers the available evidence in respect of each input to the model such as the external range of discount rates observable, historical performance against forecast and risks attaching to the key assumptions underlying cash flow projections. Present value of in-force long-term insurance business When calculating the present value of in-force insurance business (‘PVIF’), expected cash flows are projected after adjusting for a variety of assumptions made by each insurance operation to reflect local market conditions and management’s judgement of future trends, and uncertainty in the underlying assumptions is reflected by applying margins (as opposed to a cost of capital methodology). Variations in actual experience and changes to assumptions can contribute to volatility in the results of the insurance business. Actuarial Control Committees of each key insurance entity meet on a quarterly basis to review and approve PVIF assumptions. All changes to non-economic assumptions, economic assumptions that are not observable and model methodology must be approved by the Actuarial Control Committee. Movements in PVIF 2017 2016 Footnotes $m $m PVIF at 1 Jan 6,502 5,685 Change in PVIF of long-term insurance business 24 902 – value of new business written during the year 919 900 – expected return 1 (599 ) (532 ) – assumption changes and experience variances (see below) (280 ) 513 – other adjustments (16 ) 21 Transfer of assets classified as held for sale 2 — (45 ) Exchange differences and other 84 (40 ) PVIF at 31 Dec 6,610 6,502 1 ‘Expected return’ represents the unwinding of the discount rate and reversal of expected cash flows for the period. 2 Relates to the Brazilian insurance operations which were classified as held for sale in 2015. Assumption changes and experience variances Included within this line item are: • $(98)m (2016: $279m ), directly offsetting regulatory-driven changes to the valuation of liabilities under insurance contracts. • $(141)m (2016: $301m ), reflecting the future expected sharing of returns with policyholders on contracts with discretionary participation features (‘DPF’), to the extent this sharing is not already included in liabilities under insurance contracts. • $(41)m (2016: $(67)m ), driven by other assumptions changes and experience variances. Key assumptions used in the computation of PVIF for main life insurance operations Economic assumptions are set in a way that is consistent with observable market values. The valuation of PVIF is sensitive to observed market movements and the impact of such changes is included in the sensitivities presented below. 2017 2016 Hong Kong France 1 Hong Kong France 1 % % % % Weighted average risk-free rate 2.02 1.50 2.09 0.99 Weighted average risk discount rate 6.20 2.20 6.34 1.84 Expense inflation 3.00 1.48 3.00 1.66 1 For 2017, the calculation of France’s PVIF assumes a risk discount rate of 2.20% (2016: 1.84% ) plus a risk margin of $80m (2016: $101m ). Sensitivity to changes in economic assumptions The Group sets the risk discount rate applied to the PVIF calculation by starting from a risk-free rate curve and adding explicit allowances for risks not reflected in the best estimate cash flow modelling. Where the insurance operations provide options and guarantees to policyholders the cost of these options and guarantees is an explicit reduction to PVIF, unless it is already allowed for as an explicit addition to the technical provisions required by regulators. See page 160 for further details of these guarantees and the impact of changes in economic assumptions on our insurance manufacturing subsidiaries. Sensitivity to changes in non-economic assumptions Policyholder liabilities and PVIF are determined by reference to non-economic assumptions including mortality and/or morbidity, lapse rates and expense rates. See page 161 for further details on the impact of changes in non-economic assumptions on our insurance manufacturing operations.

Prepayments, accrued income and

Prepayments, accrued income and other assets	12 Months Ended
	Dec. 31, 2017
Subclassifications of assets, liabilities and equities [abstract]
Prepayments, accrued income and other assets	21 Prepayments, accrued income and other assets 2017 2016 $m $m Prepayments and accrued income 7,929 7,335 Assets held for sale 781 4,389 Bullion 13,128 15,406 Endorsements and acceptances 9,750 8,574 Reinsurers’ share of liabilities under insurance contracts (Note 3) 2,471 1,820 Employee benefit assets (Note 5) 8,752 4,714 Other accounts 14,353 12,298 Property, plant and equipment 10,027 9,373 At 31 Dec 67,191 63,909 Prepayments, accrued income and other assets include $30,431m (2016: $26,927m ) of financial assets, the majority of which are measured at amortised cost.

Trading liabilities

Trading liabilities	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Trading liabilities	22 Trading liabilities 2017 2016 Footnotes $m $m Deposits by banks 1 23,297 24,827 Customer accounts 1, 2 52,595 45,085 Other debt securities in issue (Note 24) 3 40,734 32,656 Other liabilities – net short positions in securities 67,735 51,123 At 31 Dec 184,361 153,691 1 ‘Deposits by banks’ and ‘Customer accounts’ include repos, settlement accounts, stock lending, cash collateral and margin accounts relating to trading activities. 2 Structured deposits placed at HSBC Bank USA and HSBC Trust Company (Delaware) National Association are insured by the Federal Deposit Insurance Corporation, a US government agency, up to $250,000 per depositor. 3 ‘Other debt securities in issue’ comprises structured notes issued by HSBC for which market risks are actively managed as part of trading portfolios. At 31 December 2017, the cumulative amount of change in fair value attributable to changes in HSBC’s credit risk was a loss of $543 m (2016: gain of $2 m).

Financial liabilties designated

Financial liabilties designated at fair value	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Financial liabilities designated at fair value	15 Financial investments Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300 The maturity distributions of ABSs are presented in the above table on the basis of contractual maturity dates. The weighted average yield for each range of maturities is calculated by dividing the annualised interest income for the year ended 31 December 2017 by the book amount of available-for-sale debt securities at that date. The yields do not include the effect of related derivatives. 23 Financial liabilities designated at fair value HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 The carrying amount of financial liabilities designated at fair value was $5,343 m more than the contractual amount at maturity ( 2016 : $4,413 m more). The cumulative own credit loss recognised was $4,107 m ( 2016 : loss of $1,672 m). HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 The carrying amount of financial liabilities designated at fair value was $ 3,370m more than the contractual amount at maturity 2,681m more). The cumulative amount of change in fair value attributable to changes in credit risk was a loss of 2,209m (2016: loss of $ 1,202m ). 28 Maturity analysis of assets, liabilities and off-balance sheet commitments The table on page 272 provides an analysis of consolidated total assets, liabilities and off-balance sheet commitments by residual contractual maturity at the balance sheet date. These balances are included in the maturity analysis as follows: • Trading assets and liabilities (including trading derivatives but excluding reverse repos, repos and debt securities in issue) are included in the ‘Due not more than 1 month’ time bucket, because trading balances are typically held for short periods of time. • Financial assets and liabilities with no contractual maturity (such as equity securities) are included in the ‘Due over 5 years’ time bucket. Undated or perpetual instruments are classified based on the contractual notice period which the counterparty of the instrument is entitled to give. Where there is no contractual notice period, undated or perpetual contracts are included in the ‘Due over 5 years’ time bucket. • Non-financial assets and liabilities with no contractual maturity are included in the ‘Due over 5 years’ time bucket. • Financial instruments included within assets and liabilities of disposal groups held for sale are classified on the basis of the contractual maturity of the underlying instruments and not on the basis of the disposal transaction. • Liabilities under insurance contracts are included in the ‘Due over 5 years’ time bucket. Liabilities under investment contracts are classified in accordance with their contractual maturity. Undated investment contracts are included in the ‘Due over 5 years’ time bucket, however, such contracts are subject to surrender and transfer options by the policyholders. • Loan and other credit-related commitments are classified on the basis of the earliest date they can be drawn down. Application of this policy throughout the Group was improved in 2017, and therefore comparative information has been represented. HSBC Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 180,624 — — — — — — — 180,624 Items in the course of collection from other banks 6,628 — — — — — — — 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — — — — — 34,186 Trading assets 284,781 1,432 642 — 1,140 — — — 287,995 Financial assets designated at fair value 612 93 230 162 197 556 2,068 25,546 29,464 Derivatives 218,103 162 97 124 42 234 592 464 219,818 Loans and advances to banks 61,968 10,665 4,212 2,344 1,502 5,799 2,491 1,412 90,393 Loans and advances to customers 195,577 65,469 49,860 34,107 37,176 93,065 218,784 268,926 962,964 – personal 42,593 9,126 8,483 7,441 7,492 23,552 61,238 214,837 374,762 – corporate and commercial 124,669 50,532 36,046 22,932 26,577 61,785 144,451 49,762 516,754 – financial 28,315 5,811 5,331 3,734 3,107 7,728 13,095 4,327 71,448 Reverse repurchase agreements 144,244 30,289 7,951 2,194 3,960 1,072 4,598 7,245 201,553 Financial investments 31,981 51,487 31,634 13,446 17,647 40,582 90,366 111,933 389,076 Accrued income and other financial assets 19,259 5,795 2,050 358 411 652 513 2,046 31,084 Financial assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 417,572 2,433,785 Non-financial assets — — — — — — — 87,986 87,986 Total assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 505,558 2,521,771 Off-balance sheet commitments received Loan and other credit-related commitments 2,431 — 3,335 — — 133 — — 5,899 Financial liabilities Hong Kong currency notes in circulation 34,186 — — — — — — — 34,186 Deposits by banks 56,829 1,961 1,097 616 157 361 7,393 1,508 69,922 Customer accounts 1 1,269,003 44,129 21,596 11,570 10,757 4,527 2,257 623 1,364,462 – personal 648,040 22,938 13,489 6,810 5,727 2,753 1,557 119 701,433 – corporate and commercial 458,937 16,496 6,983 3,712 3,970 1,705 641 451 492,895 – financial 162,026 4,695 1,124 1,048 1,060 69 59 53 170,134 Repurchase agreements 113,208 14,042 1,592 160 — — 1,000 — 130,002 Items in the course of transmission to other banks 6,850 — — — — — — — 6,850 Trading liabilities 145,028 2,026 2,177 2,130 3,077 5,038 12,814 12,071 184,361 Financial liabilities designated at 80 281 2,094 271 2,798 4,215 22,468 62,222 94,429 – debt securities in issue: covered bonds — — — 209 — 212 2,494 1,654 4,569 – debt securities in issue: unsecured 55 95 2,087 62 2,797 1,654 19,505 33,535 59,790 – subordinated liabilities and preferred securities — — — — — 2,349 459 21,482 24,290 – other 25 186 7 — 1 — 10 5,551 5,780 Derivatives 213,011 79 141 140 202 504 1,107 1,637 216,821 Debt securities in issue 6,081 6,295 5,228 5,795 9,240 6,725 22,767 2,415 64,546 – covered bonds — — — — 1 3 10 34 48 – otherwise secured 3,479 4 — — 1,000 1,100 914 1,193 7,690 – unsecured 2,602 6,291 5,228 5,795 8,239 5,622 21,843 1,188 56,808 Accruals and other financial liabilities 18,009 9,547 2,798 749 717 1,007 1,569 938 35,334 Subordinated liabilities — 1,918 73 36 132 273 3,595 13,799 19,826 Total financial liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 95,213 2,220,739 Non-financial liabilities — — — — — — — 103,161 103,161 Total liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 198,374 2,323,900 Off-balance sheet commitments given Loan and other credit-related commitments 628,070 38,736 3,310 1,777 4,087 3,436 3,824 2,349 685,589 – personal 187,545 2,001 340 343 1,583 1,033 952 513 194,310 – corporate and commercial 388,778 32,011 2,782 1,322 2,309 2,403 2,804 1,716 434,125 – financial 51,747 4,724 188 112 195 — 68 120 57,154 Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 128,009 — — — — — — — 128,009 Items in the course of collection from other banks 5,003 — — — — — — — 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — — — — — 31,228 Trading assets 232,550 758 230 415 1,172 — — — 235,125 Financial assets designated at fair value 176 182 75 178 363 749 2,486 20,547 24,756 Derivatives 287,749 149 207 96 110 704 1,056 801 290,872 Loans and advances to banks 59,636 13,404 4,494 2,375 1,765 2,879 2,298 1,275 88,126 Loans and advances to customers 167,531 61,693 47,664 30,115 30,362 85,144 192,787 246,208 861,504 – personal 39,295 7,812 6,723 5,928 6,799 22,664 53,620 194,985 337,826 – corporate and commercial 108,906 48,333 35,180 21,317 19,573 54,739 126,890 45,271 460,209 – financial 19,330 5,548 5,761 2,870 3,990 7,741 12,277 5,952 63,469 Reverse repurchase agreements – non-trading 115,942 25,525 10,378 5,220 2,350 479 1,080 — 160,974 Financial investments 36,932 59,826 30,403 16,800 19,564 50,255 104,933 118,084 436,797 Accrued income and other financial assets 16,885 8,050 1,737 407 462 421 1,033 1,907 30,902 Financial assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 388,822 2,293,296 Non-financial assets — — — — — — — 81,690 81,690 Total assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 470,512 2,374,986 Off-balance sheet commitments received Loan and other credit-related commitments 2,813 — 2,050 — — 110 — — 4,973 Financial liabilities Hong Kong currency notes in circulation 31,228 — — — — — — — 31,228 Deposits by banks 46,306 4,075 2,085 665 489 422 4,842 1,055 59,939 Customer accounts 1 1,180,641 45,245 19,187 10,277 8,325 4,709 3,500 502 1,272,386 – personal 590,654 22,222 12,024 5,823 4,786 3,484 2,483 121 641,597 – corporate and commercial 436,666 17,460 6,178 3,951 3,082 1,200 967 360 469,864 – financial 153,321 5,563 985 503 457 25 50 21 160,925 Repurchase agreements – non-trading 82,330 2,707 2,871 50 — — 1,000 — 88,958 Items in the course of transmission to other banks 5,977 — — — — — — — 5,977 Trading liabilities 121,707 2,053 1,423 1,845 3,013 6,219 9,010 8,421 153,691 Financial liabilities designated at fair value 1,659 958 1,396 3 1,701 5,046 17,989 58,080 86,832 – debt securities in issue: covered bonds 1,587 — 303 — — 207 1,348 2,558 6,003 – debt securities in issue: unsecured 25 15 1,091 3 1,700 4,839 14,056 29,380 51,109 – subordinated liabilities and preferred securities — — — — — — 2,578 21,005 23,583 – other 47 943 2 — 1 — 7 5,137 6,137 Derivatives 274,965 39 39 112 273 506 1,471 2,414 279,819 Debt securities in issue 4,708 8,598 8,280 5,996 4,610 10,953 19,432 3,338 65,915 – covered bonds — — 1 71 1 3 24 26 126 – otherwise secured 3,207 823 893 114 329 1,882 2,680 1,181 11,109 – unsecured 1,501 7,775 7,386 5,811 4,280 9,068 16,728 2,131 54,680 Accruals and other financial liabilities 19,052 8,172 2,392 833 519 885 1,299 568 33,720 Subordinated liabilities 12 — 143 61 497 1,788 5,056 13,427 20,984 Total financial liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 87,805 2,099,449 Non-financial liabilities — — — — — — — 92,959 92,959 Total liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 180,764 2,192,408 Off-balance sheet commitments given Loan and other credit-related commitments 609,923 29,752 3,010 1,897 3,253 2,514 4,280 1,214 655,843 – personal 177,462 1,835 89 262 1,896 1,114 747 405 183,810 – corporate and commercial 366,573 26,650 2,839 1,350 904 996 3,410 754 403,476 – financial 65,888 1,267 82 285 453 404 123 55 68,557 1 ‘Customer accounts’ includes $ 386,417m (2016: $343,782m ) insured by guarantee schemes. HSBC Holdings Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 1,985 — — — — — — — 1,985 Derivatives 1,952 — — — — 80 — 356 2,388 Loans and advances to HSBC undertakings 4,861 13,039 3,145 5 2 1,134 29,560 24,881 76,627 Loans and advances to HSBC undertakings designated at fair value — — — — — 2,411 9,533 11,944 Financial investments in HSBC undertakings 17 3 — — — — 1,798 2,446 4,264 Accrued income and other financial assets — 4 — — — — — 123 127 Total financial assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 37,339 97,335 Non-financial assets — — — — — — — 94,399 94,399 Total assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 131,738 191,734 Financial liabilities Amounts owed to HSBC undertakings 120 2,405 46 — — — — — 2,571 Financial liabilities designated at fair value — — — — — 2,349 11,491 17,050 30,890 – debt securities in issue — — — — — — 11,491 6,005 17,496 – subordinated liabilities and preferred securities — — — — — 2,349 — 11,045 13,394 Derivatives 2,008 — — — — 110 183 781 3,082 Debt securities in issue — — — — 1,081 — 10,354 22,823 34,258 Accruals and other financial liabilities 439 395 157 39 7 3 1 11 1,052 Subordinated liabilities — 1,918 — — — — — 13,959 15,877 Total financial liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,624 87,730 Non-financial liabilities — — — — — — — 217 217 Total liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,841 87,947 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 247 — — — — — — — 247 Derivatives 1,702 — — — — — 93 353 2,148 Loans and advances to HSBC undertakings 16,372 — — — — 167 14,204 46,678 77,421 Financial investments in HSBC undertakings 40 2 — — — — 838 2,710 3,590 Accrued income and other financial assets 12 — — — — — — 107 119 Total financial assets at 31 Dec 2016 18,373 2 — — — 167 15,135 49,848 83,525 Non-financial assets — — — — — — — 97,273 97,273 Total assets at 31 Dec 2016 18,373 2 — — — 167 15,135 147,121 180,798 Financial liabilities Amounts owed to HSBC undertakings 2,052 — — — — — 105 — 2,157 Financial liabilities designated at fair value — — — — — 2,167 5,845 22,101 30,113 – debt securities in issue — — — — — — 5,845 10,921 16,766 – subordinated liabilities and preferred securities — — — — — 2,167 — 11,180 13,347 Derivatives 3,841 — — — — — 592 592 5,025 Debt securities in issue — — — — — 953 4,822 16,030 21,805 Accruals and other financial liabilities 75 1,268 142 22 — — — — 1,507 Subordinated liabilities — — — — — 1,693 — 13,496 15,189 Total financial liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,219 75,796 Non-financial liabilities — — — — — — — 144 144 Total liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,363 75,940 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — 29 Offsetting of financial assets and financial liabilities The ‘Amounts not set off in the balance sheet’ include transactions where: • the counterparty has an offsetting exposure with HSBC and a master netting or similar arrangement is in place with a right to set off only in the event of default, insolvency or bankruptcy, or the offset criteria are otherwise not satisfied; and • in the case of derivatives and reverse repurchase/repurchase, stock borrowing/lending and similar agreements, cash and non-cash collateral has been received/pledged. For risk management purposes, the net amounts of loans and advances to customers are subject to limits, which are monitored and the relevant customer agreements are subject to review and updated, as necessary, to ensure that the legal right to set off remains appropriate. Offsetting of financial assets and financial liabilities Amounts subject to enforceable netting arrangements Amounts not subject to enforceable netting arrangements 5 Total Amounts not set off in the balance sheet Gross amounts Amounts offset Net amounts in the balance sheet Financial instruments Non-cash collateral Cash collateral Net amount Footnotes $m $m $m $m $m $m $m $m $m Financial assets Derivatives (Note 14) 1 322,422 (110,425 ) 211,997 (156,088 ) (11,092 ) (37,302 ) 7,515 7,821 219,818 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 15,893 — 15,893 (430 ) (15,462 ) — 1 1,227 17,120 – non-trading assets 265,666 (105,776 ) 159,890 (3,714 ) (155,973 ) (49 ) 154 41,663 201,553 Loans and advances to customers 3 42,091 (10,424 ) 31,667 (26,390 ) — (181 ) 5,096 619 32,286 At 31 Dec 2017 646,072 (226,625 ) 419,447 (186,622 ) (182,527 ) (37,532 ) 12,766 51,330 470,777 Derivatives (Note 14) 1 387,999 (106,555 ) 281,444 (210,067 ) (11,647 ) (40,188 ) 19,542 9,428 290,872 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 9,859 — 9,859 (475 ) (9,383 ) — 1 348 10,207 – non-trading assets 222,485 (87,929 ) 134,556 (4,779 ) (129,373 ) (215 ) 189 26,418 160,974 Loans and advances to customers 3 46,296 (14,602 ) 31,694 (24,459 ) — (248 ) 6,987 743 32,437 At 31 Dec 2016 666,639 (209,086 ) 457,553 (239,780 ) (150,403 ) (40,651 ) 26,719 36,937 494,490 Financial liabilities Derivatives (Note 14) 1 321,932 (110,425 ) 211,507 (156,072 ) (14,342 ) (28,666 ) 12,427 5,314 216,821 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 10,555 — 10,555 (430 ) (9,615 ) — 510 63 10,618 – non-trading liabilities 187,268 (105,776 ) 81,492 (7,165 ) (74,048 ) (240 ) 39 48,510 130,002 Customer accounts 4 42,533 (10,424 ) 32,109 (26,390 ) — (188 ) 5,531 158 32,267 At 31 Dec 2017 562,288 (226,625 ) 335,663 (190,057 ) (98,005 ) (29,094 ) 18,507 54,045 389,708 Derivatives (Note 14) 1 378,571 (106,555 ) 272,016 (210,035 ) (15,512 ) (33,754 ) 12,715 7,803 279,819 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 5,034 — 5,034 (475 ) (4,515 ) — 44 37 5,071 – non-trading liabilities 148,443 (87,929 ) 60,514 (6,202 ) (54,126 ) (146 ) 40 28,444 88,958 Customer accounts 4 45,422 (14,602 ) 30,820 (24,459 ) — (248 ) 6,113 228 31,048 At 31 Dec 2016 577,470 (209,086 ) 368,384 (241,171 ) (74,153 ) (34,148 ) 18,912 36,512 404,896 1 At 31 December 2017, the amount of cash margin received that had been offset against the gross derivatives assets was $6,324m (2016: $3,720m ). The amount of cash margin paid that had been offset against the gross derivatives liabilities was $5,196m (2016: $5,862m ). 2 For the amount of repos, reverse repos, stock lending, stock borrowing and similar agreements recognised on the balance sheet within ‘Trading assets’ $ 17,120m (2016: $ 10,207m ) and ‘Trading liabilities’ $ 10,618m (2016: $ 5,071m ), see the ‘Funding sources and uses’ table on page 147 . 3 At 31 December 2017, the total amount of ‘Loans and advances to customers’ was $ 962,964m (2016: $ 861,504m ) of which $ 31,667m (2016: $ 31,694m ) was subject to offsetting. 4 At 31 December 2017, the total amount of ‘Customer accounts’ was $ 1,364,462m (2016: $ 1,272,386m ) of which $ 32,109m (2016: $ 30,820m ) was subject to offsetting. 5 These exposures continue to be secured by financial collateral, but we may not have sought or been able to obtain a legal opinion evidencing enforceability of the right of offset.

Debt securities in issue

Debt securities in issue	12 Months Ended
	Dec. 31, 2017
Disclosure Of Debt Securities In Issue [Abstract]
Debt securities in issue	24 Debt securities in issue HSBC 2017 2016 $m $m Bonds and medium-term notes 146,539 133,721 Other debt securities in issue 23,100 21,962 Total debt securities in issue 169,639 155,683 Included within: – trading liabilities (Note 22) (40,734 ) (32,656 ) – financial liabilities designated at fair value (Note 23) (64,359 ) (57,112 ) At 31 Dec 64,546 65,915 HSBC Holdings 2017 2016 $m $m Debt securities 51,754 38,571 Included within: – financial liabilities designated at fair value (Note 23) (17,496 ) (16,766 ) At 31 Dec 34,258 21,805

Accruals, deferred income and o

Accruals, deferred income and other liabilities	12 Months Ended
	Dec. 31, 2017
Subclassifications of assets, liabilities and equities [abstract]
Accruals, deferred income and other liabilities	25 Accruals, deferred income and other liabilities 2017 2016 $m $m Accruals and deferred income 11,521 10,770 Endorsements and acceptances 9,746 8,567 Employee benefit liabilities (Note 5) 2,152 2,681 Liabilities of disposal groups held for sale 1,286 2,790 Other liabilities 21,202 19,483 At 31 Dec 45,907 44,291 Accruals, deferred income and other liabilities include $ 34,048m (2016: $ 30,932m ) of financial liabilities, the majority of which are measured at amortised cost.

Provisions

Provisions	12 Months Ended
	Dec. 31, 2017
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
Provisions	26 Provisions Restructuring Contractual Legal proceedings Customer Other Total $m $m $m $m $m $m At 1 Jan 2017 551 298 2,436 1,124 364 4,773 Additions 204 87 829 820 280 2,220 Amounts utilised (353 ) (3 ) (850 ) (543 ) (133 ) (1,882 ) Unused amounts reversed (103 ) (135 ) (980 ) (52 ) (107 ) (1,377 ) Unwinding of discounts — (1 ) — — 9 8 Exchange and other movements 35 7 66 105 56 269 At 31 Dec 2017 334 253 1,501 1,454 469 4,011 At 1 Jan 2016 463 240 3,174 1,340 335 5,552 Additions 415 141 1,258 762 208 2,784 Amounts utilised (168 ) (1 ) (1,831 ) (680 ) (118 ) (2,798 ) Unused amounts reversed (115 ) (97 ) (165 ) (94 ) (96 ) (567 ) Unwinding of discounts — — — — 6 6 Exchange and other movements (44 ) 15 — (204 ) 29 (204 ) At 31 Dec 2016 551 298 2,436 1,124 364 4,773 Further details of ‘Legal proceedings and regulatory matters’ are set out in Note 34 . Legal proceedings include civil court, arbitration or tribunal proceedings brought against HSBC companies (whether by way of claim or counterclaim); or civil disputes that may, if not settled, result in court, arbitration or tribunal proceedings. Regulatory matters refers to investigations, reviews and other actions carried out by, or in response to the actions of, regulators or law enforcement agencies in connection with alleged wrongdoing by HSBC. Customer remediation refers to HSBC’s activities to compensate customers for losses or damages associated with a failure to comply with regulations or to treat customers fairly. Customer remediation is often initiated by HSBC in response to customer complaints and/or industry developments in sales practices, and is not necessarily initiated by regulatory action. Further details of customer remediation are set out in this note. Payment protection insurance $1,174m (2016: $ 919m ) relating to the estimated liability for redress in respect of the possible mis-selling of Payment Protection Insurance (‘PPI’) policies in previous years. Cumulative provisions made since the Judicial Review ruling in the first half of 2011 amount to $ 5.1bn , of which $3.9bn had been paid at 31 December 2017. An increase in provisions of $637m was recognised during the year, primarily reflecting an adjustment to expected future complaint volumes; in light of additional detail becoming available around the likely impact and profile of regulatory media campaigns during the remainder of the period during which complaints could be received. The estimated liability for redress is calculated on the basis of the total premiums paid by the customer plus simple interest of 8% per annum (or the rate inherent in the related loan product where higher). The basis for calculating the redress liability is the same for single premium and regular premium policies. Future estimated redress levels are based on the historically observed redress per policy. A total of 5.4 million PPI policies have been sold since 2000, generating estimated revenues of $3.3bn at 2017. The gross written premiums on these policies was approximately $4.4bn . At 31 December 2017, the estimated total complaints expected to be received were 2.2 million , representing 41% of total policies sold. It is estimated that contact will be made with regard to 2.6 million policies, representing 48% of total policies sold. This estimate includes inbound complaints as well as the group’s proactive contact exercise on certain policies (‘outbound contact’). The following table details the cumulative number of complaints received at 31 December 2017 and the number of claims expected in the future: Cumulative PPI complaints received to 31 December 2017 and future claims expected Footnotes Cumulative actual to 31 Dec 2017 Future expected Inbound complaints (000s of policies) 1 1,555 363 Outbound contact (000s of policies) 685 — Response rate to outbound contact 44% n/a Average uphold rate per claim 2 76% 84% Average redress per claim ($) 2,564 3,029 Complaints to Financial Ombudsman Service (000s of policies) 144 26 Average uphold rate per Financial Ombudsman Service claim 40% 47% 1 Excludes invalid claims for which no PPI policy exists. 2 Claims include inbound and responses to outbound contact. A 100,000 increase/decrease in the total inbound complaints would increase/decrease the redress provision by approximately $194m at 2017 average exchange rates.

Subordinated liabilities

Subordinated liabilities	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Subordinated liabilities	27 Subordinated liabilities HSBC’s subordinated liabilities 2017 2016 $m $m At amortised cost 19,826 20,984 – subordinated liabilities 17,988 19,230 – preferred securities 1,838 1,754 Designated at fair value (Note 23) 24,290 23,583 – subordinated liabilities 23,831 23,172 – preferred securities 459 411 At 31 Dec 44,116 44,567 Issued by HSBC subsidiaries 15,470 16,860 Issued by HSBC Holdings 28,646 27,707 Subordinated liabilities rank behind senior obligations and generally count towards the capital base of HSBC. Capital securities may be called and redeemed by HSBC subject to prior notification to the PRA and, where relevant, the consent of the local banking regulator. If not redeemed at the first call date, coupons payable may step up or become floating rate based on interbank rates. On capital securities other than floating rate notes, interest is payable at fixed rates of up to 10.176% . The balance sheet amounts disclosed below are presented on an IFRS basis and do not reflect the amount that the instruments contribute to regulatory capital principally due to regulatory amortisation and regulatory eligibility limits. HSBC’s subordinated liabilities in issue 2017 2016 Footnotes First call date Maturity date $m $m Additional tier 1 capital securities guaranteed by HSBC Holdings plc 1 $900m 10.176% non-cumulative step-up perpetual preferred securities, series 2 Jun 2030 892 891 892 891 Additional tier 1 capital securities guaranteed by HSBC Bank plc 1 £300m 5.862% non-cumulative step-up perpetual preferred securities Apr 2020 459 411 £700m 5.844% non-cumulative step-up perpetual preferred securities Nov 2031 946 863 1,405 1,274 Tier 2 securities issued by HSBC Bank plc $750m Undated floating rate primary capital notes Jun 1990 750 750 $500m Undated floating rate primary capital notes Sep 1990 500 500 $300m Undated floating rate primary capital notes, series 3 Jun 1992 300 300 $300m 7.65% subordinated notes — May 2025 375 372 £350m 5.00% callable subordinated notes 2 Mar 2018 Mar 2023 496 466 £300m 6.50% subordinated notes — Jul 2023 405 369 £350m 5.375% callable subordinated step-up notes 3 Nov 2025 Nov 2030 584 489 £500m 5.375% subordinated notes — Aug 2033 912 750 £225m 6.25% subordinated notes — Jan 2041 303 276 £600m 4.75% subordinated notes — Mar 2046 802 731 5,427 5,003 Tier 2 securities issued by The Hongkong and Shanghai Banking Corporation Ltd $400m Primary capital undated floating rate notes (third series) Jul 1991 400 400 400 400 Tier 2 securities issued by HSBC Bank Malaysia Berhad MYR500m 4.35% subordinated bonds 4 Jun 2017 Jun 2022 — 112 MYR500m 5.05% subordinated bonds Nov 2022 Nov 2027 123 112 123 224 Tier 2 securities issued by HSBC USA Inc. $750m 5.00% subordinated notes — Sep 2020 748 748 $250m 7.20% subordinated debentures — Jul 2097 221 220 Other subordinated liabilities each less than $150m 5 277 284 1,246 1,252 Tier 2 securities issued by HSBC Bank USA, N.A. $500m 6.00% subordinated notes — Aug 2017 — 498 $1,250m 4.875% subordinated notes — Aug 2020 1,236 1,257 $1,000m 5.875% subordinated notes — Nov 2034 1,272 1,137 $750m 5.625% subordinated notes — Aug 2035 955 862 $700m 7.00% subordinated notes — Jan 2039 700 701 4,163 4,455 Tier 2 securities issued by HSBC Finance Corporation $2,939m 6.676% senior subordinated notes 6 — Jan 2021 1,092 2,192 Tier 2 securities issued by HSBC Bank Canada CAD400m 4.80% subordinated debentures 4 Apr 2017 Apr 2022 — 299 Other subordinated liabilities each less than $150m Oct 1996 Nov 2083 31 29 31 328 Securities issued by HSBC Mexico, S.A. $300m Non-convertible subordinated obligations 7, 8 Jun 2014 Jun 2019 240 240 Other subordinated liability less than $150m 7, 9 115 198 355 438 Securities issued by other HSBC subsidiaries Other subordinated liabilities each less than $200m 5 336 403 Subordinated liabilities issued by HSBC subsidiaries at 31 Dec 15,470 16,860 1 See paragraph below, ‘Guaranteed by HSBC Holdings or HSBC Bank plc’. 2 In January 2018, HSBC gave notice it will redeem these securities. 3 The interest rate payable after November 2025 is the sum of the three-month sterling Libor plus 1.50% percentage points. 4 In 2017 HSBC redeemed these securities. 5 Some securities included here are ineligible for inclusion in the capital base of HSBC. 6 HSBC tendered for these securities in 2017. In January 2018 a further tender was conducted. The principal balance is now $509m . 7 These securities are ineligible for inclusion in the capital base of HSBC. 8 Approximately $60m of these securities are held by HSBC Holdings. 9 In February 2018, HSBC gave notice it will redeem these securities. HSBC Holdings 2017 2016 $m $m At amortised cost 15,877 15,189 Designated at fair value (Note 23) 13,394 13,347 At 31 Dec 29,271 28,536 HSBC Holdings’ subordinated liabilities First call Maturity 2017 2016 Footnotes date date $m $m Tier 2 securities issued by HSBC Holdings plc Amounts owed to third parties $2,000m 4.25% subordinated notes 2,4 — Mar 2024 2,038 2,060 $1,500m 4.25% subordinated notes 2 — Jun 2025 1,586 1,539 $1,500m 4.375% subordinated notes 2 — Nov 2026 1,580 1,520 $488m 7.625% subordinated notes 1 — May 2032 553 528 $222m 7.35% subordinated notes 1 — Nov 2032 248 278 $2,000m 6.5% subordinated notes 1 — May 2036 2,042 2,029 $2,500m 6.5% subordinated notes 1 — Sep 2037 3,365 3,170 $1,500m 6.8% subordinated notes 1 — Jun 2038 1,489 1,487 $1,500m 5.25% subordinated notes 2,4 — Mar 2044 1,755 1,747 £900m 6.375% subordinated notes 1,3 Oct 2017 Oct 2022 — 1,163 £650m 5.75% subordinated notes 2 — Dec 2027 1,114 932 £650m 6.75% subordinated notes 2 — Sep 2028 873 793 £750m 7.0% subordinated notes 2 — Apr 2038 1,043 971 £900m 6.0% subordinated notes 2 — Mar 2040 1,199 1,086 €1,600m 6.25% subordinated notes 2 — Mar 2018 1,918 1,693 €1,750m 6.0% subordinated notes 2 — Jun 2019 2,349 2,168 €1,500m 3.375% subordinated notes 2,4 Jan 2019 Jan 2024 1,827 1,626 €1,500m 3.0% subordinated notes 2 — Jun 2025 2,037 1,716 €1,000m 3.125% subordinated notes 2 — Jun 2028 1,363 1,139 28,379 27,645 Amounts owed to HSBC undertakings $900m 10.176% subordinated step-up cumulative notes Jun 2030 Jun 2040 892 891 892 891 At 31 Dec 29,271 28,536 1 Amounts owed to third parties represent securities included in the capital base of HSBC as tier 2 securities in accordance with the grandfathering provisions under CRD IV rules. 2 These securities are included in the capital base of HSBC as fully CRD IV compliant tier 2 securities on an end point basis. 3 In 2017, HSBC redeemed these securities. 4 These subordinated notes are measured at amortised cost in HSBC Holdings, where the interest rate risk is hedged using a fair value hedge, while they are measured at fair value in the Group. Additional tier 1 capital securities Additional tier 1 capital securities are perpetual subordinated securities on which coupon payments may be deferred or cancelled at the discretion of HSBC. The securities presented in this Note are accounted for as liabilities because HSBC has an obligation to pay dividends in perpetuity. See Note 31 for additional tier 1 capital securities accounted for as equity. The additional tier 1 securities presented in this section do not meet the identifying criteria in full for recognition as tier 1 capital under CRD IV but are eligible as regulatory capital subject to grandfathering limits and progressive phase-out. Guaranteed by HSBC Holdings or HSBC Bank plc These capital securities were issued by the Jersey limited partnerships and proceeds lent to the respective guarantors by the limited partnerships in the form of subordinated notes. They qualify as additional tier 1 capital for HSBC under CRD IV by virtue of the application of grandfathering provisions, and the two capital securities guaranteed by HSBC Bank plc (‘HSBC Bank’) also qualify as additional tier 1 capital for HSBC Bank (on a solo and a consolidated basis) under CRD IV by virtue of the same grandfathering process. These preferred securities, together with the guarantee, are intended to provide investors with economic rights equivalent to the rights that they would have had if they had purchased non-cumulative perpetual preference shares of the relevant issuer. There are limitations on the payment of distributions if such payments are prohibited under UK banking regulations or other requirements, if a payment would cause a breach of HSBC’s capital adequacy requirements or if HSBC Holdings or HSBC Bank has insufficient distributable reserves (as defined). HSBC Holdings and HSBC Bank have individually covenanted that if prevented under certain circumstances from paying distributions on the preferred securities in full, they will not pay dividends or other distributions in respect of their ordinary shares, or repurchase or redeem their ordinary shares, until the distribution on the preferred securities has been paid in full. Preference shares of HSBC Holdings that have economic terms equal in all material respects to the preferred securities and their guarantee together will be substituted for the preferred securities guaranteed by HSBC Holdings if the total capital ratio of HSBC Holdings falls below the regulatory minimum required, or the Directors expect it to in the near term. Preference shares of HSBC Bank that have economic terms equal in all material respects to the preferred securities and their guarantee together will be substituted for the preferred securities guaranteed by HSBC Bank if any of the two issues of preferred securities are outstanding in April 2049 or November 2048, respectively; or the total capital ratio of HSBC Bank on a solo and consolidated basis falls below the regulatory minimum required, or the Directors expect it to in the near term. Tier 2 capital securities These capital securities are included within HSBC’s regulatory capital base as tier 2 capital under CRD IV by virtue of the application of grandfathering provisions (with the exception of identified securities that are compliant with CRD IV end point rules). Tier 2 capital securities are either perpetual or dated subordinated securities on which there is an obligation to pay coupons. In accordance with CRD IV, the capital contribution of all tier 2 securities is amortised for regulatory purposes in their final five years before maturity.

Maturity analysis of assets, li

Maturity analysis of assets, liabilities and off-balance sheet commitments	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of financial instruments	15 Financial investments Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300 The maturity distributions of ABSs are presented in the above table on the basis of contractual maturity dates. The weighted average yield for each range of maturities is calculated by dividing the annualised interest income for the year ended 31 December 2017 by the book amount of available-for-sale debt securities at that date. The yields do not include the effect of related derivatives. 23 Financial liabilities designated at fair value HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 The carrying amount of financial liabilities designated at fair value was $5,343 m more than the contractual amount at maturity ( 2016 : $4,413 m more). The cumulative own credit loss recognised was $4,107 m ( 2016 : loss of $1,672 m). HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 The carrying amount of financial liabilities designated at fair value was $ 3,370m more than the contractual amount at maturity 2,681m more). The cumulative amount of change in fair value attributable to changes in credit risk was a loss of 2,209m (2016: loss of $ 1,202m ). 28 Maturity analysis of assets, liabilities and off-balance sheet commitments The table on page 272 provides an analysis of consolidated total assets, liabilities and off-balance sheet commitments by residual contractual maturity at the balance sheet date. These balances are included in the maturity analysis as follows: • Trading assets and liabilities (including trading derivatives but excluding reverse repos, repos and debt securities in issue) are included in the ‘Due not more than 1 month’ time bucket, because trading balances are typically held for short periods of time. • Financial assets and liabilities with no contractual maturity (such as equity securities) are included in the ‘Due over 5 years’ time bucket. Undated or perpetual instruments are classified based on the contractual notice period which the counterparty of the instrument is entitled to give. Where there is no contractual notice period, undated or perpetual contracts are included in the ‘Due over 5 years’ time bucket. • Non-financial assets and liabilities with no contractual maturity are included in the ‘Due over 5 years’ time bucket. • Financial instruments included within assets and liabilities of disposal groups held for sale are classified on the basis of the contractual maturity of the underlying instruments and not on the basis of the disposal transaction. • Liabilities under insurance contracts are included in the ‘Due over 5 years’ time bucket. Liabilities under investment contracts are classified in accordance with their contractual maturity. Undated investment contracts are included in the ‘Due over 5 years’ time bucket, however, such contracts are subject to surrender and transfer options by the policyholders. • Loan and other credit-related commitments are classified on the basis of the earliest date they can be drawn down. Application of this policy throughout the Group was improved in 2017, and therefore comparative information has been represented. HSBC Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 180,624 — — — — — — — 180,624 Items in the course of collection from other banks 6,628 — — — — — — — 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — — — — — 34,186 Trading assets 284,781 1,432 642 — 1,140 — — — 287,995 Financial assets designated at fair value 612 93 230 162 197 556 2,068 25,546 29,464 Derivatives 218,103 162 97 124 42 234 592 464 219,818 Loans and advances to banks 61,968 10,665 4,212 2,344 1,502 5,799 2,491 1,412 90,393 Loans and advances to customers 195,577 65,469 49,860 34,107 37,176 93,065 218,784 268,926 962,964 – personal 42,593 9,126 8,483 7,441 7,492 23,552 61,238 214,837 374,762 – corporate and commercial 124,669 50,532 36,046 22,932 26,577 61,785 144,451 49,762 516,754 – financial 28,315 5,811 5,331 3,734 3,107 7,728 13,095 4,327 71,448 Reverse repurchase agreements 144,244 30,289 7,951 2,194 3,960 1,072 4,598 7,245 201,553 Financial investments 31,981 51,487 31,634 13,446 17,647 40,582 90,366 111,933 389,076 Accrued income and other financial assets 19,259 5,795 2,050 358 411 652 513 2,046 31,084 Financial assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 417,572 2,433,785 Non-financial assets — — — — — — — 87,986 87,986 Total assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 505,558 2,521,771 Off-balance sheet commitments received Loan and other credit-related commitments 2,431 — 3,335 — — 133 — — 5,899 Financial liabilities Hong Kong currency notes in circulation 34,186 — — — — — — — 34,186 Deposits by banks 56,829 1,961 1,097 616 157 361 7,393 1,508 69,922 Customer accounts 1 1,269,003 44,129 21,596 11,570 10,757 4,527 2,257 623 1,364,462 – personal 648,040 22,938 13,489 6,810 5,727 2,753 1,557 119 701,433 – corporate and commercial 458,937 16,496 6,983 3,712 3,970 1,705 641 451 492,895 – financial 162,026 4,695 1,124 1,048 1,060 69 59 53 170,134 Repurchase agreements 113,208 14,042 1,592 160 — — 1,000 — 130,002 Items in the course of transmission to other banks 6,850 — — — — — — — 6,850 Trading liabilities 145,028 2,026 2,177 2,130 3,077 5,038 12,814 12,071 184,361 Financial liabilities designated at 80 281 2,094 271 2,798 4,215 22,468 62,222 94,429 – debt securities in issue: covered bonds — — — 209 — 212 2,494 1,654 4,569 – debt securities in issue: unsecured 55 95 2,087 62 2,797 1,654 19,505 33,535 59,790 – subordinated liabilities and preferred securities — — — — — 2,349 459 21,482 24,290 – other 25 186 7 — 1 — 10 5,551 5,780 Derivatives 213,011 79 141 140 202 504 1,107 1,637 216,821 Debt securities in issue 6,081 6,295 5,228 5,795 9,240 6,725 22,767 2,415 64,546 – covered bonds — — — — 1 3 10 34 48 – otherwise secured 3,479 4 — — 1,000 1,100 914 1,193 7,690 – unsecured 2,602 6,291 5,228 5,795 8,239 5,622 21,843 1,188 56,808 Accruals and other financial liabilities 18,009 9,547 2,798 749 717 1,007 1,569 938 35,334 Subordinated liabilities — 1,918 73 36 132 273 3,595 13,799 19,826 Total financial liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 95,213 2,220,739 Non-financial liabilities — — — — — — — 103,161 103,161 Total liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 198,374 2,323,900 Off-balance sheet commitments given Loan and other credit-related commitments 628,070 38,736 3,310 1,777 4,087 3,436 3,824 2,349 685,589 – personal 187,545 2,001 340 343 1,583 1,033 952 513 194,310 – corporate and commercial 388,778 32,011 2,782 1,322 2,309 2,403 2,804 1,716 434,125 – financial 51,747 4,724 188 112 195 — 68 120 57,154 Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 128,009 — — — — — — — 128,009 Items in the course of collection from other banks 5,003 — — — — — — — 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — — — — — 31,228 Trading assets 232,550 758 230 415 1,172 — — — 235,125 Financial assets designated at fair value 176 182 75 178 363 749 2,486 20,547 24,756 Derivatives 287,749 149 207 96 110 704 1,056 801 290,872 Loans and advances to banks 59,636 13,404 4,494 2,375 1,765 2,879 2,298 1,275 88,126 Loans and advances to customers 167,531 61,693 47,664 30,115 30,362 85,144 192,787 246,208 861,504 – personal 39,295 7,812 6,723 5,928 6,799 22,664 53,620 194,985 337,826 – corporate and commercial 108,906 48,333 35,180 21,317 19,573 54,739 126,890 45,271 460,209 – financial 19,330 5,548 5,761 2,870 3,990 7,741 12,277 5,952 63,469 Reverse repurchase agreements – non-trading 115,942 25,525 10,378 5,220 2,350 479 1,080 — 160,974 Financial investments 36,932 59,826 30,403 16,800 19,564 50,255 104,933 118,084 436,797 Accrued income and other financial assets 16,885 8,050 1,737 407 462 421 1,033 1,907 30,902 Financial assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 388,822 2,293,296 Non-financial assets — — — — — — — 81,690 81,690 Total assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 470,512 2,374,986 Off-balance sheet commitments received Loan and other credit-related commitments 2,813 — 2,050 — — 110 — — 4,973 Financial liabilities Hong Kong currency notes in circulation 31,228 — — — — — — — 31,228 Deposits by banks 46,306 4,075 2,085 665 489 422 4,842 1,055 59,939 Customer accounts 1 1,180,641 45,245 19,187 10,277 8,325 4,709 3,500 502 1,272,386 – personal 590,654 22,222 12,024 5,823 4,786 3,484 2,483 121 641,597 – corporate and commercial 436,666 17,460 6,178 3,951 3,082 1,200 967 360 469,864 – financial 153,321 5,563 985 503 457 25 50 21 160,925 Repurchase agreements – non-trading 82,330 2,707 2,871 50 — — 1,000 — 88,958 Items in the course of transmission to other banks 5,977 — — — — — — — 5,977 Trading liabilities 121,707 2,053 1,423 1,845 3,013 6,219 9,010 8,421 153,691 Financial liabilities designated at fair value 1,659 958 1,396 3 1,701 5,046 17,989 58,080 86,832 – debt securities in issue: covered bonds 1,587 — 303 — — 207 1,348 2,558 6,003 – debt securities in issue: unsecured 25 15 1,091 3 1,700 4,839 14,056 29,380 51,109 – subordinated liabilities and preferred securities — — — — — — 2,578 21,005 23,583 – other 47 943 2 — 1 — 7 5,137 6,137 Derivatives 274,965 39 39 112 273 506 1,471 2,414 279,819 Debt securities in issue 4,708 8,598 8,280 5,996 4,610 10,953 19,432 3,338 65,915 – covered bonds — — 1 71 1 3 24 26 126 – otherwise secured 3,207 823 893 114 329 1,882 2,680 1,181 11,109 – unsecured 1,501 7,775 7,386 5,811 4,280 9,068 16,728 2,131 54,680 Accruals and other financial liabilities 19,052 8,172 2,392 833 519 885 1,299 568 33,720 Subordinated liabilities 12 — 143 61 497 1,788 5,056 13,427 20,984 Total financial liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 87,805 2,099,449 Non-financial liabilities — — — — — — — 92,959 92,959 Total liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 180,764 2,192,408 Off-balance sheet commitments given Loan and other credit-related commitments 609,923 29,752 3,010 1,897 3,253 2,514 4,280 1,214 655,843 – personal 177,462 1,835 89 262 1,896 1,114 747 405 183,810 – corporate and commercial 366,573 26,650 2,839 1,350 904 996 3,410 754 403,476 – financial 65,888 1,267 82 285 453 404 123 55 68,557 1 ‘Customer accounts’ includes $ 386,417m (2016: $343,782m ) insured by guarantee schemes. HSBC Holdings Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 1,985 — — — — — — — 1,985 Derivatives 1,952 — — — — 80 — 356 2,388 Loans and advances to HSBC undertakings 4,861 13,039 3,145 5 2 1,134 29,560 24,881 76,627 Loans and advances to HSBC undertakings designated at fair value — — — — — 2,411 9,533 11,944 Financial investments in HSBC undertakings 17 3 — — — — 1,798 2,446 4,264 Accrued income and other financial assets — 4 — — — — — 123 127 Total financial assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 37,339 97,335 Non-financial assets — — — — — — — 94,399 94,399 Total assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 131,738 191,734 Financial liabilities Amounts owed to HSBC undertakings 120 2,405 46 — — — — — 2,571 Financial liabilities designated at fair value — — — — — 2,349 11,491 17,050 30,890 – debt securities in issue — — — — — — 11,491 6,005 17,496 – subordinated liabilities and preferred securities — — — — — 2,349 — 11,045 13,394 Derivatives 2,008 — — — — 110 183 781 3,082 Debt securities in issue — — — — 1,081 — 10,354 22,823 34,258 Accruals and other financial liabilities 439 395 157 39 7 3 1 11 1,052 Subordinated liabilities — 1,918 — — — — — 13,959 15,877 Total financial liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,624 87,730 Non-financial liabilities — — — — — — — 217 217 Total liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,841 87,947 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 247 — — — — — — — 247 Derivatives 1,702 — — — — — 93 353 2,148 Loans and advances to HSBC undertakings 16,372 — — — — 167 14,204 46,678 77,421 Financial investments in HSBC undertakings 40 2 — — — — 838 2,710 3,590 Accrued income and other financial assets 12 — — — — — — 107 119 Total financial assets at 31 Dec 2016 18,373 2 — — — 167 15,135 49,848 83,525 Non-financial assets — — — — — — — 97,273 97,273 Total assets at 31 Dec 2016 18,373 2 — — — 167 15,135 147,121 180,798 Financial liabilities Amounts owed to HSBC undertakings 2,052 — — — — — 105 — 2,157 Financial liabilities designated at fair value — — — — — 2,167 5,845 22,101 30,113 – debt securities in issue — — — — — — 5,845 10,921 16,766 – subordinated liabilities and preferred securities — — — — — 2,167 — 11,180 13,347 Derivatives 3,841 — — — — — 592 592 5,025 Debt securities in issue — — — — — 953 4,822 16,030 21,805 Accruals and other financial liabilities 75 1,268 142 22 — — — — 1,507 Subordinated liabilities — — — — — 1,693 — 13,496 15,189 Total financial liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,219 75,796 Non-financial liabilities — — — — — — — 144 144 Total liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,363 75,940 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — 29 Offsetting of financial assets and financial liabilities The ‘Amounts not set off in the balance sheet’ include transactions where: • the counterparty has an offsetting exposure with HSBC and a master netting or similar arrangement is in place with a right to set off only in the event of default, insolvency or bankruptcy, or the offset criteria are otherwise not satisfied; and • in the case of derivatives and reverse repurchase/repurchase, stock borrowing/lending and similar agreements, cash and non-cash collateral has been received/pledged. For risk management purposes, the net amounts of loans and advances to customers are subject to limits, which are monitored and the relevant customer agreements are subject to review and updated, as necessary, to ensure that the legal right to set off remains appropriate. Offsetting of financial assets and financial liabilities Amounts subject to enforceable netting arrangements Amounts not subject to enforceable netting arrangements 5 Total Amounts not set off in the balance sheet Gross amounts Amounts offset Net amounts in the balance sheet Financial instruments Non-cash collateral Cash collateral Net amount Footnotes $m $m $m $m $m $m $m $m $m Financial assets Derivatives (Note 14) 1 322,422 (110,425 ) 211,997 (156,088 ) (11,092 ) (37,302 ) 7,515 7,821 219,818 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 15,893 — 15,893 (430 ) (15,462 ) — 1 1,227 17,120 – non-trading assets 265,666 (105,776 ) 159,890 (3,714 ) (155,973 ) (49 ) 154 41,663 201,553 Loans and advances to customers 3 42,091 (10,424 ) 31,667 (26,390 ) — (181 ) 5,096 619 32,286 At 31 Dec 2017 646,072 (226,625 ) 419,447 (186,622 ) (182,527 ) (37,532 ) 12,766 51,330 470,777 Derivatives (Note 14) 1 387,999 (106,555 ) 281,444 (210,067 ) (11,647 ) (40,188 ) 19,542 9,428 290,872 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 9,859 — 9,859 (475 ) (9,383 ) — 1 348 10,207 – non-trading assets 222,485 (87,929 ) 134,556 (4,779 ) (129,373 ) (215 ) 189 26,418 160,974 Loans and advances to customers 3 46,296 (14,602 ) 31,694 (24,459 ) — (248 ) 6,987 743 32,437 At 31 Dec 2016 666,639 (209,086 ) 457,553 (239,780 ) (150,403 ) (40,651 ) 26,719 36,937 494,490 Financial liabilities Derivatives (Note 14) 1 321,932 (110,425 ) 211,507 (156,072 ) (14,342 ) (28,666 ) 12,427 5,314 216,821 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 10,555 — 10,555 (430 ) (9,615 ) — 510 63 10,618 – non-trading liabilities 187,268 (105,776 ) 81,492 (7,165 ) (74,048 ) (240 ) 39 48,510 130,002 Customer accounts 4 42,533 (10,424 ) 32,109 (26,390 ) — (188 ) 5,531 158 32,267 At 31 Dec 2017 562,288 (226,625 ) 335,663 (190,057 ) (98,005 ) (29,094 ) 18,507 54,045 389,708 Derivatives (Note 14) 1 378,571 (106,555 ) 272,016 (210,035 ) (15,512 ) (33,754 ) 12,715 7,803 279,819 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 5,034 — 5,034 (475 ) (4,515 ) — 44 37 5,071 – non-trading liabilities 148,443 (87,929 ) 60,514 (6,202 ) (54,126 ) (146 ) 40 28,444 88,958 Customer accounts 4 45,422 (14,602 ) 30,820 (24,459 ) — (248 ) 6,113 228 31,048 At 31 Dec 2016 577,470 (209,086 ) 368,384 (241,171 ) (74,153 ) (34,148 ) 18,912 36,512 404,896 1 At 31 December 2017, the amount of cash margin received that had been offset against the gross derivatives assets was $6,324m (2016: $3,720m ). The amount of cash margin paid that had been offset against the gross derivatives liabilities was $5,196m (2016: $5,862m ). 2 For the amount of repos, reverse repos, stock lending, stock borrowing and similar agreements recognised on the balance sheet within ‘Trading assets’ $ 17,120m (2016: $ 10,207m ) and ‘Trading liabilities’ $ 10,618m (2016: $ 5,071m ), see the ‘Funding sources and uses’ table on page 147 . 3 At 31 December 2017, the total amount of ‘Loans and advances to customers’ was $ 962,964m (2016: $ 861,504m ) of which $ 31,667m (2016: $ 31,694m ) was subject to offsetting. 4 At 31 December 2017, the total amount of ‘Customer accounts’ was $ 1,364,462m (2016: $ 1,272,386m ) of which $ 32,109m (2016: $ 30,820m ) was subject to offsetting. 5 These exposures continue to be secured by financial collateral, but we may not have sought or been able to obtain a legal opinion evidencing enforceability of the right of offset.

Offsetting of financial assets

Offsetting of financial assets and financial liabilities	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Offsetting of financial assets and financial liabilities	15 Financial investments Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300 The maturity distributions of ABSs are presented in the above table on the basis of contractual maturity dates. The weighted average yield for each range of maturities is calculated by dividing the annualised interest income for the year ended 31 December 2017 by the book amount of available-for-sale debt securities at that date. The yields do not include the effect of related derivatives. 23 Financial liabilities designated at fair value HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 The carrying amount of financial liabilities designated at fair value was $5,343 m more than the contractual amount at maturity ( 2016 : $4,413 m more). The cumulative own credit loss recognised was $4,107 m ( 2016 : loss of $1,672 m). HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 The carrying amount of financial liabilities designated at fair value was $ 3,370m more than the contractual amount at maturity 2,681m more). The cumulative amount of change in fair value attributable to changes in credit risk was a loss of 2,209m (2016: loss of $ 1,202m ). 28 Maturity analysis of assets, liabilities and off-balance sheet commitments The table on page 272 provides an analysis of consolidated total assets, liabilities and off-balance sheet commitments by residual contractual maturity at the balance sheet date. These balances are included in the maturity analysis as follows: • Trading assets and liabilities (including trading derivatives but excluding reverse repos, repos and debt securities in issue) are included in the ‘Due not more than 1 month’ time bucket, because trading balances are typically held for short periods of time. • Financial assets and liabilities with no contractual maturity (such as equity securities) are included in the ‘Due over 5 years’ time bucket. Undated or perpetual instruments are classified based on the contractual notice period which the counterparty of the instrument is entitled to give. Where there is no contractual notice period, undated or perpetual contracts are included in the ‘Due over 5 years’ time bucket. • Non-financial assets and liabilities with no contractual maturity are included in the ‘Due over 5 years’ time bucket. • Financial instruments included within assets and liabilities of disposal groups held for sale are classified on the basis of the contractual maturity of the underlying instruments and not on the basis of the disposal transaction. • Liabilities under insurance contracts are included in the ‘Due over 5 years’ time bucket. Liabilities under investment contracts are classified in accordance with their contractual maturity. Undated investment contracts are included in the ‘Due over 5 years’ time bucket, however, such contracts are subject to surrender and transfer options by the policyholders. • Loan and other credit-related commitments are classified on the basis of the earliest date they can be drawn down. Application of this policy throughout the Group was improved in 2017, and therefore comparative information has been represented. HSBC Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 180,624 — — — — — — — 180,624 Items in the course of collection from other banks 6,628 — — — — — — — 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — — — — — 34,186 Trading assets 284,781 1,432 642 — 1,140 — — — 287,995 Financial assets designated at fair value 612 93 230 162 197 556 2,068 25,546 29,464 Derivatives 218,103 162 97 124 42 234 592 464 219,818 Loans and advances to banks 61,968 10,665 4,212 2,344 1,502 5,799 2,491 1,412 90,393 Loans and advances to customers 195,577 65,469 49,860 34,107 37,176 93,065 218,784 268,926 962,964 – personal 42,593 9,126 8,483 7,441 7,492 23,552 61,238 214,837 374,762 – corporate and commercial 124,669 50,532 36,046 22,932 26,577 61,785 144,451 49,762 516,754 – financial 28,315 5,811 5,331 3,734 3,107 7,728 13,095 4,327 71,448 Reverse repurchase agreements 144,244 30,289 7,951 2,194 3,960 1,072 4,598 7,245 201,553 Financial investments 31,981 51,487 31,634 13,446 17,647 40,582 90,366 111,933 389,076 Accrued income and other financial assets 19,259 5,795 2,050 358 411 652 513 2,046 31,084 Financial assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 417,572 2,433,785 Non-financial assets — — — — — — — 87,986 87,986 Total assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 505,558 2,521,771 Off-balance sheet commitments received Loan and other credit-related commitments 2,431 — 3,335 — — 133 — — 5,899 Financial liabilities Hong Kong currency notes in circulation 34,186 — — — — — — — 34,186 Deposits by banks 56,829 1,961 1,097 616 157 361 7,393 1,508 69,922 Customer accounts 1 1,269,003 44,129 21,596 11,570 10,757 4,527 2,257 623 1,364,462 – personal 648,040 22,938 13,489 6,810 5,727 2,753 1,557 119 701,433 – corporate and commercial 458,937 16,496 6,983 3,712 3,970 1,705 641 451 492,895 – financial 162,026 4,695 1,124 1,048 1,060 69 59 53 170,134 Repurchase agreements 113,208 14,042 1,592 160 — — 1,000 — 130,002 Items in the course of transmission to other banks 6,850 — — — — — — — 6,850 Trading liabilities 145,028 2,026 2,177 2,130 3,077 5,038 12,814 12,071 184,361 Financial liabilities designated at 80 281 2,094 271 2,798 4,215 22,468 62,222 94,429 – debt securities in issue: covered bonds — — — 209 — 212 2,494 1,654 4,569 – debt securities in issue: unsecured 55 95 2,087 62 2,797 1,654 19,505 33,535 59,790 – subordinated liabilities and preferred securities — — — — — 2,349 459 21,482 24,290 – other 25 186 7 — 1 — 10 5,551 5,780 Derivatives 213,011 79 141 140 202 504 1,107 1,637 216,821 Debt securities in issue 6,081 6,295 5,228 5,795 9,240 6,725 22,767 2,415 64,546 – covered bonds — — — — 1 3 10 34 48 – otherwise secured 3,479 4 — — 1,000 1,100 914 1,193 7,690 – unsecured 2,602 6,291 5,228 5,795 8,239 5,622 21,843 1,188 56,808 Accruals and other financial liabilities 18,009 9,547 2,798 749 717 1,007 1,569 938 35,334 Subordinated liabilities — 1,918 73 36 132 273 3,595 13,799 19,826 Total financial liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 95,213 2,220,739 Non-financial liabilities — — — — — — — 103,161 103,161 Total liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 198,374 2,323,900 Off-balance sheet commitments given Loan and other credit-related commitments 628,070 38,736 3,310 1,777 4,087 3,436 3,824 2,349 685,589 – personal 187,545 2,001 340 343 1,583 1,033 952 513 194,310 – corporate and commercial 388,778 32,011 2,782 1,322 2,309 2,403 2,804 1,716 434,125 – financial 51,747 4,724 188 112 195 — 68 120 57,154 Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 128,009 — — — — — — — 128,009 Items in the course of collection from other banks 5,003 — — — — — — — 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — — — — — 31,228 Trading assets 232,550 758 230 415 1,172 — — — 235,125 Financial assets designated at fair value 176 182 75 178 363 749 2,486 20,547 24,756 Derivatives 287,749 149 207 96 110 704 1,056 801 290,872 Loans and advances to banks 59,636 13,404 4,494 2,375 1,765 2,879 2,298 1,275 88,126 Loans and advances to customers 167,531 61,693 47,664 30,115 30,362 85,144 192,787 246,208 861,504 – personal 39,295 7,812 6,723 5,928 6,799 22,664 53,620 194,985 337,826 – corporate and commercial 108,906 48,333 35,180 21,317 19,573 54,739 126,890 45,271 460,209 – financial 19,330 5,548 5,761 2,870 3,990 7,741 12,277 5,952 63,469 Reverse repurchase agreements – non-trading 115,942 25,525 10,378 5,220 2,350 479 1,080 — 160,974 Financial investments 36,932 59,826 30,403 16,800 19,564 50,255 104,933 118,084 436,797 Accrued income and other financial assets 16,885 8,050 1,737 407 462 421 1,033 1,907 30,902 Financial assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 388,822 2,293,296 Non-financial assets — — — — — — — 81,690 81,690 Total assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 470,512 2,374,986 Off-balance sheet commitments received Loan and other credit-related commitments 2,813 — 2,050 — — 110 — — 4,973 Financial liabilities Hong Kong currency notes in circulation 31,228 — — — — — — — 31,228 Deposits by banks 46,306 4,075 2,085 665 489 422 4,842 1,055 59,939 Customer accounts 1 1,180,641 45,245 19,187 10,277 8,325 4,709 3,500 502 1,272,386 – personal 590,654 22,222 12,024 5,823 4,786 3,484 2,483 121 641,597 – corporate and commercial 436,666 17,460 6,178 3,951 3,082 1,200 967 360 469,864 – financial 153,321 5,563 985 503 457 25 50 21 160,925 Repurchase agreements – non-trading 82,330 2,707 2,871 50 — — 1,000 — 88,958 Items in the course of transmission to other banks 5,977 — — — — — — — 5,977 Trading liabilities 121,707 2,053 1,423 1,845 3,013 6,219 9,010 8,421 153,691 Financial liabilities designated at fair value 1,659 958 1,396 3 1,701 5,046 17,989 58,080 86,832 – debt securities in issue: covered bonds 1,587 — 303 — — 207 1,348 2,558 6,003 – debt securities in issue: unsecured 25 15 1,091 3 1,700 4,839 14,056 29,380 51,109 – subordinated liabilities and preferred securities — — — — — — 2,578 21,005 23,583 – other 47 943 2 — 1 — 7 5,137 6,137 Derivatives 274,965 39 39 112 273 506 1,471 2,414 279,819 Debt securities in issue 4,708 8,598 8,280 5,996 4,610 10,953 19,432 3,338 65,915 – covered bonds — — 1 71 1 3 24 26 126 – otherwise secured 3,207 823 893 114 329 1,882 2,680 1,181 11,109 – unsecured 1,501 7,775 7,386 5,811 4,280 9,068 16,728 2,131 54,680 Accruals and other financial liabilities 19,052 8,172 2,392 833 519 885 1,299 568 33,720 Subordinated liabilities 12 — 143 61 497 1,788 5,056 13,427 20,984 Total financial liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 87,805 2,099,449 Non-financial liabilities — — — — — — — 92,959 92,959 Total liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 180,764 2,192,408 Off-balance sheet commitments given Loan and other credit-related commitments 609,923 29,752 3,010 1,897 3,253 2,514 4,280 1,214 655,843 – personal 177,462 1,835 89 262 1,896 1,114 747 405 183,810 – corporate and commercial 366,573 26,650 2,839 1,350 904 996 3,410 754 403,476 – financial 65,888 1,267 82 285 453 404 123 55 68,557 1 ‘Customer accounts’ includes $ 386,417m (2016: $343,782m ) insured by guarantee schemes. HSBC Holdings Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 1,985 — — — — — — — 1,985 Derivatives 1,952 — — — — 80 — 356 2,388 Loans and advances to HSBC undertakings 4,861 13,039 3,145 5 2 1,134 29,560 24,881 76,627 Loans and advances to HSBC undertakings designated at fair value — — — — — 2,411 9,533 11,944 Financial investments in HSBC undertakings 17 3 — — — — 1,798 2,446 4,264 Accrued income and other financial assets — 4 — — — — — 123 127 Total financial assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 37,339 97,335 Non-financial assets — — — — — — — 94,399 94,399 Total assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 131,738 191,734 Financial liabilities Amounts owed to HSBC undertakings 120 2,405 46 — — — — — 2,571 Financial liabilities designated at fair value — — — — — 2,349 11,491 17,050 30,890 – debt securities in issue — — — — — — 11,491 6,005 17,496 – subordinated liabilities and preferred securities — — — — — 2,349 — 11,045 13,394 Derivatives 2,008 — — — — 110 183 781 3,082 Debt securities in issue — — — — 1,081 — 10,354 22,823 34,258 Accruals and other financial liabilities 439 395 157 39 7 3 1 11 1,052 Subordinated liabilities — 1,918 — — — — — 13,959 15,877 Total financial liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,624 87,730 Non-financial liabilities — — — — — — — 217 217 Total liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,841 87,947 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 247 — — — — — — — 247 Derivatives 1,702 — — — — — 93 353 2,148 Loans and advances to HSBC undertakings 16,372 — — — — 167 14,204 46,678 77,421 Financial investments in HSBC undertakings 40 2 — — — — 838 2,710 3,590 Accrued income and other financial assets 12 — — — — — — 107 119 Total financial assets at 31 Dec 2016 18,373 2 — — — 167 15,135 49,848 83,525 Non-financial assets — — — — — — — 97,273 97,273 Total assets at 31 Dec 2016 18,373 2 — — — 167 15,135 147,121 180,798 Financial liabilities Amounts owed to HSBC undertakings 2,052 — — — — — 105 — 2,157 Financial liabilities designated at fair value — — — — — 2,167 5,845 22,101 30,113 – debt securities in issue — — — — — — 5,845 10,921 16,766 – subordinated liabilities and preferred securities — — — — — 2,167 — 11,180 13,347 Derivatives 3,841 — — — — — 592 592 5,025 Debt securities in issue — — — — — 953 4,822 16,030 21,805 Accruals and other financial liabilities 75 1,268 142 22 — — — — 1,507 Subordinated liabilities — — — — — 1,693 — 13,496 15,189 Total financial liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,219 75,796 Non-financial liabilities — — — — — — — 144 144 Total liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,363 75,940 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — 29 Offsetting of financial assets and financial liabilities The ‘Amounts not set off in the balance sheet’ include transactions where: • the counterparty has an offsetting exposure with HSBC and a master netting or similar arrangement is in place with a right to set off only in the event of default, insolvency or bankruptcy, or the offset criteria are otherwise not satisfied; and • in the case of derivatives and reverse repurchase/repurchase, stock borrowing/lending and similar agreements, cash and non-cash collateral has been received/pledged. For risk management purposes, the net amounts of loans and advances to customers are subject to limits, which are monitored and the relevant customer agreements are subject to review and updated, as necessary, to ensure that the legal right to set off remains appropriate. Offsetting of financial assets and financial liabilities Amounts subject to enforceable netting arrangements Amounts not subject to enforceable netting arrangements 5 Total Amounts not set off in the balance sheet Gross amounts Amounts offset Net amounts in the balance sheet Financial instruments Non-cash collateral Cash collateral Net amount Footnotes $m $m $m $m $m $m $m $m $m Financial assets Derivatives (Note 14) 1 322,422 (110,425 ) 211,997 (156,088 ) (11,092 ) (37,302 ) 7,515 7,821 219,818 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 15,893 — 15,893 (430 ) (15,462 ) — 1 1,227 17,120 – non-trading assets 265,666 (105,776 ) 159,890 (3,714 ) (155,973 ) (49 ) 154 41,663 201,553 Loans and advances to customers 3 42,091 (10,424 ) 31,667 (26,390 ) — (181 ) 5,096 619 32,286 At 31 Dec 2017 646,072 (226,625 ) 419,447 (186,622 ) (182,527 ) (37,532 ) 12,766 51,330 470,777 Derivatives (Note 14) 1 387,999 (106,555 ) 281,444 (210,067 ) (11,647 ) (40,188 ) 19,542 9,428 290,872 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 9,859 — 9,859 (475 ) (9,383 ) — 1 348 10,207 – non-trading assets 222,485 (87,929 ) 134,556 (4,779 ) (129,373 ) (215 ) 189 26,418 160,974 Loans and advances to customers 3 46,296 (14,602 ) 31,694 (24,459 ) — (248 ) 6,987 743 32,437 At 31 Dec 2016 666,639 (209,086 ) 457,553 (239,780 ) (150,403 ) (40,651 ) 26,719 36,937 494,490 Financial liabilities Derivatives (Note 14) 1 321,932 (110,425 ) 211,507 (156,072 ) (14,342 ) (28,666 ) 12,427 5,314 216,821 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 10,555 — 10,555 (430 ) (9,615 ) — 510 63 10,618 – non-trading liabilities 187,268 (105,776 ) 81,492 (7,165 ) (74,048 ) (240 ) 39 48,510 130,002 Customer accounts 4 42,533 (10,424 ) 32,109 (26,390 ) — (188 ) 5,531 158 32,267 At 31 Dec 2017 562,288 (226,625 ) 335,663 (190,057 ) (98,005 ) (29,094 ) 18,507 54,045 389,708 Derivatives (Note 14) 1 378,571 (106,555 ) 272,016 (210,035 ) (15,512 ) (33,754 ) 12,715 7,803 279,819 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 5,034 — 5,034 (475 ) (4,515 ) — 44 37 5,071 – non-trading liabilities 148,443 (87,929 ) 60,514 (6,202 ) (54,126 ) (146 ) 40 28,444 88,958 Customer accounts 4 45,422 (14,602 ) 30,820 (24,459 ) — (248 ) 6,113 228 31,048 At 31 Dec 2016 577,470 (209,086 ) 368,384 (241,171 ) (74,153 ) (34,148 ) 18,912 36,512 404,896 1 At 31 December 2017, the amount of cash margin received that had been offset against the gross derivatives assets was $6,324m (2016: $3,720m ). The amount of cash margin paid that had been offset against the gross derivatives liabilities was $5,196m (2016: $5,862m ). 2 For the amount of repos, reverse repos, stock lending, stock borrowing and similar agreements recognised on the balance sheet within ‘Trading assets’ $ 17,120m (2016: $ 10,207m ) and ‘Trading liabilities’ $ 10,618m (2016: $ 5,071m ), see the ‘Funding sources and uses’ table on page 147 . 3 At 31 December 2017, the total amount of ‘Loans and advances to customers’ was $ 962,964m (2016: $ 861,504m ) of which $ 31,667m (2016: $ 31,694m ) was subject to offsetting. 4 At 31 December 2017, the total amount of ‘Customer accounts’ was $ 1,364,462m (2016: $ 1,272,386m ) of which $ 32,109m (2016: $ 30,820m ) was subject to offsetting. 5 These exposures continue to be secured by financial collateral, but we may not have sought or been able to obtain a legal opinion evidencing enforceability of the right of offset.

Non-controlling interests

Non-controlling interests	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Non-controlling interests	30 Non-controlling interests 2017 2016 $m $m Non-controlling interests attributable to holders of ordinary shares in subsidiaries 7,621 6,932 Preferred securities issued by subsidiaries — 260 At 31 Dec 7,621 7,192 Hang Seng Bank Limited is the only subsidiary in the Group that gives rise to significant non-controlling interest. For summarised financial information of Hang Seng Bank Limited see Note 18 . Preferred securities issued by subsidiaries Preferred securities are securities for which there is no obligation to pay a dividend and, if the dividend is not paid, it may not be cumulative. Such securities do not generally carry voting rights but rank higher than ordinary shares for dividend payments and in the event of a winding-up. These securities have no stated maturity date but may be called and redeemed by the issuer, subject to prior notification to the PRA and, where relevant, the consent of the local banking regulator. All non-cumulative preferred securities are classified as additional tier 1 capital. Preferred securities issued by HSBC’s subsidiaries Footnote First call date 2017 2016 $m $m HSBC Bank Canada CA$175m Non-cumulative redeemable class 1 preferred shares, series C 1 Jun 2010 — 130 CA$175m Non-cumulative redeemable class 1 preferred shares, series D 1 Dec 2010 — 130 At 31 Dec — 260 1 In 2017 HSBC redeemed these securities.

Called up share capital and oth

Called up share capital and other equity instruments	12 Months Ended
	Dec. 31, 2017
Share Capital, Reserves And Other Equity Interest [Abstract]
Called up share capital and other equity instruments	31 Called up share capital and other equity instruments Called up share capital and share premium HSBC Holdings ordinary shares of $0.50 each, issued and fully paid 2017 2016 Footnote Number $m Number $m At 1 Jan 20,191,586,214 10,096 19,685,096,934 9,842 Shares issued under HSBC employee share plans 76,701,249 38 69,187,052 35 Shares issued in lieu of dividends 380,652,196 190 437,302,228 219 Less: Shares repurchased and cancelled (328,223,401 ) (164 ) — — At 31 Dec 1 20,320,716,258 10,160 20,191,586,214 10,096 HSBC Holdings non-cumulative preference shares of $0.01 each 2017 2016 Footnote Number $m Number $m At 1 Jan and 31 Dec 2 1,450,000 — 1,450,000 — HSBC Holdings share premium 2017 2016 $m $m At 31 Dec 10,177 12,619 Total called up share capital and share premium 2017 2016 $m $m At 31 Dec 20,337 22,715 1 All HSBC Holdings ordinary shares in issue, excluding 325,273,407 shares held in treasury, confer identical rights, including in respect of capital, dividends and voting. 2 Included in the capital base of HSBC as additional tier 1 capital in accordance with the CRD IV rules, by virtue of the application of grandfathering provisions. HSBC Holdings non-cumulative preference shares of $0.01 HSBC Holdings pays dividends on non-cumulative preference shares of $0.01 each (‘dollar preference shares’) quarterly, at the sole and absolute discretion of the Board. The Board will not declare a dividend on them if this would stop the company from meeting the PRA’s capital adequacy requirements, or if profit available for distribution as dividends is insufficient to also pay dividends on other shares that are equally entitled and scheduled on the same date. HSBC Holdings may not declare or pay dividends on shares ranking lower in the right to dividends than dollar preference shares, or redeem or purchase any of its other shares ranking equal or lower than dollar preference shares, unless it has fully paid, or set aside an amount to fully pay, the dividends on the dollar preference shares for the then current dividend period. The dollar preference shares carry no rights to conversion into ordinary shares. Holders of dollar preference shares are only entitled to attend and vote at shareholder meetings if dividends on these shares have not been paid in full on four consecutive dividend payment dates. In such circumstances, holders of these shares are entitled to vote at shareholder meetings until HSBC Holdings has paid a full dividend on them. These securities can be redeemed by HSBC at any time, subject to prior approval by the PRA. HSBC Holdings non-cumulative preference share of £0.01 The one non-cumulative sterling preference share of £0.01 (‘sterling preference share’) has been in issue since 29 December 2010 and is held by a subsidiary of HSBC Holdings. Dividends are paid quarterly at the sole and absolute discretion of the Board. The sterling preference share carries no rights of conversion into ordinary shares of HSBC Holdings and no right to attend or vote at shareholder meetings of HSBC Holdings. These securities can be redeemed by HSBC at any time, subject to prior approval by the PRA. Other equity instruments HSBC Holdings includes three types of additional tier 1 capital securities in its tier 1 capital. Two are presented in this Note and are accounted for as equity because HSBC does not have an obligation to transfer cash or a variable number of its own ordinary shares to holders under any circumstances outside its control. See Note 27 for additional tier 1 securities accounted for as liabilities. Additional tier 1 capital securities Additional tier 1 capital securities are perpetual subordinated securities on which coupon payments may be deferred at HSBC Holdings’ discretion. While any coupon payments are unpaid or deferred, HSBC Holdings will not declare or pay dividends or make distributions or similar periodic payments in respect of any securities of lower or equal rank, or repurchase or redeem them. Such securities do not generally carry voting rights but rank higher than ordinary shares for coupon payments, and in the event of a winding-up. They do not meet the identifying criteria in full for recognition as tier 1 capital under CRD IV but are eligible as regulatory capital subject to grandfathering limits and progressive phase-out. At HSBC Holdings’ discretion, and subject to certain conditions being satisfied, the capital securities may be exchanged on any coupon payment date for non-cumulative preference shares to be issued by HSBC Holdings and ranking pari passu with the dollar and sterling preference shares in issue. The preference shares would be issued at a nominal value of $0.01 per share and a premium of $24.99 per share, with both amounts being subscribed and fully paid. These securities can be redeemed by HSBC at any time, subject to prior approval by the PRA. HSBC’s additional tier 1 capital securities in issue which are accounted for in equity First call 2017 2016 $m $m $2,200m 8.125% perpetual subordinated capital securities Apr 2013 2,133 2,133 $3,800m 8.000% perpetual subordinated capital securities, Series 2 Dec 2015 3,718 3,718 At 31 Dec 5,851 5,851 Additional tier 1 capital – contingent convertible securities During 2017, HSBC continued to issue contingent convertible securities that are included in its capital base as fully CRD IV compliant additional tier 1 capital securities on an end point basis. The net proceeds of the issuances are used for general corporate purposes and to further strengthen its capital base to meet requirements under CRD IV. These securities bear a fixed rate of interest until their initial call dates. After the initial call dates, if they are not redeemed, the securities will bear interest at rates fixed periodically in advance for 5 -year periods based on prevailing market rates. Interest on the contingent convertible securities will be due and payable only at the sole discretion of HSBC, and HSBC has sole and absolute discretion at all times to cancel for any reason (in whole or in part) any interest payment that would otherwise be payable on any payment date. Distributions will not be paid if they are prohibited under UK banking regulations or if the company has insufficient reserves or fails to meet the solvency conditions defined in the securities’ terms. The contingent convertible securities are undated and are repayable, at the option of HSBC, in whole at the initial call date, or on any fifth anniversary after this date. In addition, the securities are repayable at the option of HSBC in whole for certain regulatory or tax reasons. Any repayments require the prior consent of the PRA. These securities rank pari passu with HSBC’s dollar and sterling preference shares and are therefore ahead of ordinary shares. The contingent convertible securities will be converted into fully paid ordinary shares of HSBC at a predetermined price, should HSBC’s consolidated end point CET1 ratio fall below 7.0% . Therefore, in accordance with the terms of the securities, if the end point CET1 ratio breaches the 7.0% trigger, the securities will convert into ordinary shares at fixed contractual conversion prices in the issuance currencies of the relevant securities, equivalent to £2.70 at the prevailing rate of exchange on the issuance date, subject to certain anti-dilution adjustments. HSBC’s additional tier 1 capital – contingent convertible securities in issue which are accounted for in equity First call 2017 2016 $m $m $1,500m 5.625% perpetual subordinated contingent convertible securities Jan 2020 1,494 1,494 $2,000m 6.875% perpetual subordinated contingent convertible securities Jun 2021 1,998 1,998 $2,250m 6.375% perpetual subordinated contingent convertible securities Sep 2024 2,244 2,244 $2,450m 6.375% perpetual subordinated contingent convertible securities Mar 2025 2,460 2,460 $3,000m 6.000% perpetual subordinated contingent convertible securities May 2027 2,997 — €1,500m 5.250% perpetual subordinated contingent convertible securities Sep 2022 1,943 1,943 €1,000m 6.000% perpetual subordinated contingent convertible securities Sep 2023 1,120 1,120 €1,250m 4.750% perpetual subordinated contingent convertible securities Jul 2029 1,420 — SGD1,000m 4.700% perpetual subordinated contingent convertible securities Jun 2022 723 — At 31 Dec 16,399 11,259 Shares under option For details of the options outstanding to subscribe for HSBC Holdings ordinary shares under the HSBC Holdings savings-related share option plans, see Note 5 . Aggregate options outstanding under these plans 31 Dec 2017 31 Dec 2016 Number of HSBC Holdings ordinary shares Period of exercise Exercise price Number of HSBC Holdings ordinary shares Period of exercise Exercise price 64,604,932 2017 to 2023 £4.0472-5.9640 69,217,725 2016 to 2022 £4.0472–5.4738 36,309 2017 to 2018 HK$55.4701 504,467 2016 to 2018 HK$55.4701–63.9864 10,539 2017 to 2018 €5.3532 86,916 2016 to 2018 €5.3532–6.0657 17,873 2017 to 2018 $7.1456 217,738 2016 to 2018 $7.1456–8.2094 Maximum obligation to deliver HSBC Holdings ordinary shares At 31 December 2017, the maximum obligation to deliver HSBC Holdings ordinary shares under all of the above option arrangements and the HSBC International Employee Share Purchase Plan, together with GPSP awards, long-term incentive awards and deferred share awards granted under the HSBC Share Plan and/or the HSBC Share Plan 2011, was 169,615,437 (2016: 198,483,750 ). The total number of shares at 31 December 2017 held by employee benefit trusts that may be used to satisfy such obligations to deliver HSBC Holdings ordinary shares was 5,883,444 (2016: 3,997,619 ).

Contingent liabilities, contrac

Contingent liabilities, contractual commitments, and guarantees	12 Months Ended
	Dec. 31, 2017
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
Contingent liabilities, contractual commitments, and guarantees	32 Contingent liabilities, contractual commitments and guarantees HSBC HSBC Holdings 1 2017 2016 2017 2016 $m $m $m $m Guarantees and other contingent liabilities: – financial guarantees and similar contracts 38,328 37,072 7,778 7,619 – other guarantees 51,434 44,394 — — – other contingent liabilities 616 553 — — At 31 Dec 90,378 82,019 7,778 7,619 Commitments: – documentary credits and short-term trade-related transactions 8,776 9,190 — — – forward asset purchases and forward deposits placed 4,295 5,386 — — – standby facilities, credit lines and other commitments to lend 672,518 641,267 — — At 31 Dec 685,589 655,843 — — 1 Guarantees by HSBC Holdings are all in favour of other Group entities. The above table discloses the nominal principal amounts, which represents the maximum amounts at risk should the contracts be fully drawn upon and clients default. As a significant portion of guarantees and commitments is expected to expire without being drawn upon, the total of the nominal principal amounts is not indicative of future liquidity requirements. Approximately half the guarantees have a term of less than one year, while guarantees with terms of more than one year are subject to HSBC’s annual credit review process. Contingent liabilities arising from legal proceedings, regulatory and other matters against Group companies are disclosed in Notes 26 and 34 . Financial Services Compensation Scheme The Financial Services Compensation Scheme (‘FSCS’) has provided compensation to consumers following the collapse of a number of deposit takers. The compensation paid out to consumers is currently funded through loans from HM Treasury, which at 31 December 2017 stood at approximately $6.3b n ( £4.7b n). The Group could be liable to pay a proportion of the outstanding amount that the FSCS has borrowed from HM Treasury. The ultimate FSCS levy to the industry as a result of the collapses cannot currently be estimated reliably, as it is dependent on various uncertain factors, including the potential recoveries of assets by the FSCS and changes in the level of protected deposits and the population of FSCS members at the time. Associates HSBC’s share of associates’ contingent liabilities amounted to $38.8b n at 31 December 2017 (2016: $ 35.3 bn). No matters arose where HSBC was severally liable.

Lease commitments

Lease commitments	12 Months Ended
	Dec. 31, 2017
Leases1 [Abstract]
Lease commitments	33 Lease commitments Operating lease commitments At 31 December 2017, future minimum lease payments under non-cancellable operating leases for land, buildings and equipment were $3,950 m (2016: $3,893 m). Finance lease receivables HSBC leases a variety of assets to third parties under finance leases, including transport assets (such as aircraft), property and general plant and machinery. At the end of lease terms, assets may be sold to third parties or leased for further terms. Rentals are calculated to recover the cost of assets less their residual value, and earn finance income. 2017 2016 Total future Unearned Present Total future Unearned Present $m $m $m $m $m $m Lease receivables: No later than one year 3,523 (326 ) 3,197 3,248 (330 ) 2,918 Later than one year and no later than five years 7,033 (696 ) 6,337 6,563 (702 ) 5,861 Later than five years 4,784 (669 ) 4,115 4,548 (633 ) 3,915 At 31 Dec 15,340 (1,691 ) 13,649 14,359 (1,665 ) 12,694

Legal proceedings and regulator

Legal proceedings and regulatory matters	12 Months Ended
	Dec. 31, 2017
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
Legal proceedings and regulatory matters	34 Legal proceedings and regulatory matters HSBC is party to legal proceedings and regulatory matters in a number of jurisdictions arising out of its normal business operations. Apart from the matters described below, HSBC considers that none of these matters are material. The recognition of provisions is determined in accordance with the accounting policies set out in Note 1. While the outcome of legal proceedings and regulatory matters is inherently uncertain, management believes that, based on the information available to it, appropriate provisions have been made in respect of these matters at 31 December 2017 (see Note 26). Where an individual provision is material, the fact that a provision has been made is stated and quantified, except to the extent doing so would be seriously prejudicial. Any provision recognised does not constitute an admission of wrongdoing or legal liability. It is not practicable to provide an aggregate estimate of potential liability for our legal proceedings and regulatory matters as a class of contingent liabilities. Bernard L. Madoff Investment Securities LLC Bernard L. Madoff (‘Madoff’) was arrested in December 2008 and later pleaded guilty to running a Ponzi scheme. His firm, Bernard L. Madoff Investment Securities LLC (‘Madoff Securities’), is being liquidated in the US by a trustee (the ‘Trustee’). Various non-US HSBC companies provided custodial, administration and similar services to a number of funds incorporated outside the US whose assets were invested with Madoff Securities. Based on information provided by Madoff Securities, at 30 November 2008, the purported aggregate value of these funds was $8.4 bn, including fictitious profits reported by Madoff. Based on information available to HSBC, the funds’ actual transfers to Madoff Securities minus their actual withdrawals from Madoff Securities during the time HSBC serviced the funds are estimated to have totalled approximately $4 bn. Various HSBC companies have been named as defendants in lawsuits arising out of Madoff Securities’ fraud. US/UK litigation: The Trustee has brought lawsuits against various HSBC companies in the US Bankruptcy Court and in the English High Court, seeking recovery of transfers from Madoff Securities to HSBC in an amount not yet pleaded or determined. HSBC and other parties to the action have moved to dismiss the Trustee’s US actions. The US Bankruptcy Court granted HSBC’s motion to dismiss with respect to certain of the Trustee’s claims in November 2016. In September 2017, the US Court of Appeals for the Second Circuit (the ‘Second Circuit Court of Appeals’) agreed to hear the Trustee’s appeal of the US Bankruptcy Court’s decision, where this matter is pending. The deadline by which the Trustee must serve HSBC with his English action has been extended to September 2018 for UK-based defendants and November 2018 for all other defendants. Fairfield Sentry Limited, Fairfield Sigma Limited and Fairfield Lambda Limited (together, ‘Fairfield’) (in liquidation since July 2009) have brought lawsuits in the US and the British Virgin Islands (‘BVI’) against fund shareholders, including HSBC companies that acted as nominees for clients, seeking restitution of redemption payments. In October 2016, the liquidators for Fairfield (the ‘Fairfield Liquidators') filed a motion seeking leave to amend their complaints in the US Bankruptcy Court. In January 2017, the defendants moved to dismiss and oppose the Fairfield Liquidators’ motion. These motions are pending. In December 2014, three additional actions were filed in the US. A purported class of direct investors in Madoff Securities asserted common law claims against various HSBC companies in the US District Court for the Southern District of New York (the ‘New York District Court’). In September 2016, the New York District Court granted HSBC’s motion to dismiss this action and the plaintiffs’ failure to appeal renders the court’s ruling final. Two investors in Hermes International Fund Limited (‘Hermes’) also asserted common law claims against various HSBC companies in the New York District Court. In March 2017, the court granted HSBC's motion to dismiss, which dismissal was upheld by the Second Circuit Court of Appeals in November 2017. In addition, SPV Optimal SUS Ltd (‘SPV OSUS’), the purported assignee of the Madoff-invested company, Optimal Strategic US Equity Ltd (‘Optimal’), filed a lawsuit in New York state court against various HSBC companies and others, seeking damages on various alleged grounds, including breach of fiduciary duty and breach of trust. This action has been stayed pending the issuance of a potentially dispositive decision in an action initiated by Optimal regarding the validity of the assignment of its claims to SPV OSUS. Bermuda litigation: In January 2009, Kingate Global Fund Limited and Kingate Euro Fund Limited (together, ‘Kingate’) brought an action against HSBC Bank Bermuda Limited (‘HBBM’) for recovery of funds held in Kingate’s accounts, fees and dividends. This action is pending, but is not expected to move forward until the resolution of the Trustee’s US actions against Kingate and HBBM. Thema Fund Limited and Hermes each brought three actions in 2009. The first set of actions seeks recovery of funds in frozen accounts held at HSBC Institutional Trust Services (Bermuda) Limited. The second set of actions asserts liability against HSBC Institutional Trust Services (Bermuda) Limited in relation to claims for mistake, recovery of fees and damages for breach of contract. The third set of actions seeks return of fees from HBBM and HSBC Securities Services (Bermuda) Limited. The parties have agreed to a standstill in respect of all three sets of actions. Cayman Islands litigation: In February 2013, Primeo Fund Limited (‘Primeo’) (in liquidation since April 2009) brought an action against HSBC Securities Services Luxembourg (‘HSSL’) and Bank of Bermuda (Cayman) Limited, alleging breach of contract and breach of fiduciary duty, and claiming damages and equitable compensation. The trial concluded in February 2017, and in August 2017, the court dismissed all claims against the defendants. In September 2017, Primeo appealed to the Court of Appeal of the Cayman Islands, where the matter is pending. Luxembourg litigation: In April 2009, Herald Fund SPC (‘Herald’) (in liquidation since July 2013) brought an action against HSSL before the Luxembourg District Court, seeking restitution of cash and securities Herald purportedly lost because of Madoff Securities’ fraud, or money damages. The Luxembourg District Court dismissed Herald’s securities restitution claim, but reserved Herald’s cash restitution claim and its claim for money damages. Herald has appealed this judgment to the Court of Appeal, where this matter is pending. In March 2010, Herald (Lux) SICAV (‘Herald (Lux)’) (in liquidation since April 2009) brought an action against HSSL before the Luxembourg District Court seeking restitution of securities, or the cash equivalent, or money damages. Herald (Lux) has also requested the restitution of fees paid to HSSL. In 2017, the parties agreed a settlement, which was approved by the Luxembourg court in November 2017. The settlement was concluded in January 2018. In October 2009, Alpha Prime and, in December 2014, Senator, each brought an action against HSSL before the Luxembourg District Court, seeking the restitution of securities, or the cash equivalent, or money damages. Both actions have been temporarily suspended at the plaintiffs’ request. In April 2015, Senator commenced an action against the Luxembourg branch of HSBC Bank plc asserting identical claims before the Luxembourg District Court. HSSL has also been named as a defendant in various actions by shareholders in Primeo Select Fund, Herald, Herald (Lux), and Hermes. Most of these actions have been dismissed, suspended or postponed. Ireland litigation: In November 2013, Defender Limited brought an action against HSBC Institutional Trust Services (Ireland) Limited (‘HTIE’) and others, alleging breach of contract and claiming damages and indemnification for fund losses. A provisional trial date has been scheduled for October 2018. SPV OSUS’s action against HTIE and HSBC Securities Services (Ireland) Limited alleging breach of contract and claiming damages and indemnification for fund losses was dismissed by the Irish High Court in October 2015. In March 2017, the Irish Court of Appeal affirmed the dismissal. In April 2017, SPV OSUS filed an application seeking leave to appeal the dismissal to the Irish Supreme Court. The application was heard by the Irish Supreme Court in February 2018 and judgment is pending. There are many factors that may affect the range of possible outcomes, and the resulting financial impact, of the various Madoff-related proceedings described above, including but not limited to the multiple jurisdictions in which the proceedings have been brought. Based upon the information currently available, management’s estimate of the possible aggregate damages that might arise as a result of all claims in the various Madoff-related proceedings is up to or exceeding $500m, excluding costs and interest. Due to uncertainties and limitations of this estimate, the ultimate damages could differ significantly from this amount. US mortgage-related investigations In April 2011, HSBC Bank USA N.A. (‘HSBC Bank USA’) entered into a consent order (the ‘OCC Servicing Consent Order’) with the Office of the Comptroller of the Currency (‘OCC’), and HSBC Finance Corporation (‘HSBC Finance’) and HSBC North America Holdings Inc. (‘HNAH’) entered into a similar consent order (the ’FRB Servicing Consent Order’) with the Federal Reserve Board (‘FRB’) (together with the OCC Servicing Consent Order, the ‘Servicing Consent Orders’). The Servicing Consent Orders required prescribed actions to address certain foreclosure practice deficiencies. In January 2017, the OCC terminated the OCC Servicing Consent Order after determining that HSBC Bank USA had satisfied the requirements thereunder. In connection with the termination of the OCC Servicing Consent Order, the OCC also assessed a civil money penalty against HSBC Bank USA, finding that HSBC Bank USA failed to correct deficiencies identified under the OCC Servicing Consent Order in a timely fashion. The civil money penalty has been paid. In January 2018, the FRB terminated the FRB Servicing Consent Order after having determined that HNAH and HBIO are in compliance with its terms. In February 2016, HSBC Bank USA, HSBC Finance, HSBC Mortgage Services Inc. and HNAH entered into an agreement with the US Department of Justice (the ‘DoJ’), the US Department of Housing and Urban Development, the Consumer Financial Protection Bureau, other federal agencies (the ‘Federal Parties’) and the Attorneys General of 49 states and the District of Columbia (the ‘State Parties’) to resolve civil claims related to past residential mortgage loan origination and servicing practices (the ‘National Mortgage Settlement Agreement’ or ‘NMS’). The cash payments required under the NMS were made in 2016. In March 2017, the NMS independent monitor validated that the consumer relief obligations were satisfied; and in June 2017, the NMS independent monitor validated that all remaining obligations under the NMS were satisfied. The Servicing Consent Orders and the National Mortgage Settlement Agreement do not completely preclude other enforcement actions by regulatory, governmental or law enforcement agencies related to foreclosure and other mortgage servicing practices, including, but not limited to, matters relating to the securitisation of mortgages for investors, which could include the imposition of civil money penalties, criminal fines or other sanctions. In addition, these practices have in the past resulted in private litigation, and may result in further private litigation. US mortgage securitisation activity and litigation HSBC Bank USA was a sponsor or seller of loans used to facilitate whole loan securitisations underwritten by HSBC Securities (USA) Inc. (‘HSI’). From 2005 to 2007, HSBC Bank USA purchased and sold approximately $24 bn of such loans to HSI, which were subsequently securitised and sold by HSI to third parties. The outstanding principal balance was approximately $4.1b n at 31 December 2017. HSBC notes that the scale of its mortgage securitisation activities was more limited in relation to a number of other banks in the industry. In addition, HSI served as an underwriter on securitisations issued by HSBC Finance or third parties, and HSBC Bank USA served as trustee on behalf of various mortgage securitisation trusts. Mortgage foreclosure and trustee matters: As the industry’s residential mortgage foreclosure issues continue, HSBC Bank USA has taken title to a number of foreclosed homes as trustee on behalf of various mortgage securitisation trusts. As nominal record owner of these properties, HSBC Bank USA has been sued by municipalities and tenants alleging various violations of law, including laws relating to property upkeep and tenants’ rights. While HSBC believes and continues to maintain that these obligations and any related liabilities are those of the servicer of each trust, HSBC continues to receive significant adverse publicity in connection with these and similar matters, including foreclosures that are serviced by others in the name of ‘HSBC, as trustee’. Beginning in June 2014, a number of lawsuits were filed in state and federal courts in New York and Virginia against HSBC Bank USA as trustee of more than 280 mortgage securitisation trusts. These lawsuits are brought on behalf of the trusts by a putative class of investors including, among others, BlackRock and PIMCO funds. The complaints allege that the trusts have sustained losses in collateral value of approximately $38 bn. The lawsuits seek unspecified damages resulting from alleged breaches of the US Trust Indenture Act, breach of fiduciary duty, negligence, breach of contract and breach of the common law duty of trust. HSBC’s motions to dismiss in several of these lawsuits were, for the most part, denied. It is not practicable to estimate the possible financial impact of these matters, as there are many factors that may affect the range of possible outcomes; however, the resulting financial impact could be significant. Loan repurchase matters: HSBC Bank USA, HSBC Finance and Decision One Mortgage Company LLC (‘Decision One’), an indirect subsidiary of HSBC Finance, have been named as defendants in various mortgage loan repurchase actions brought by trustees of mortgage securitisation trusts. In the aggregate, these actions seek to have the HSBC defendants repurchase mortgage loans, or pay compensatory damages, totalling at least $1 bn. In August 2016, HSBC reached an agreement in principle to settle one of the matters. In September 2017, the court approved the settlement, concluding the matter. Another matter against HSBC Bank USA was dismissed on appeal in December 2017. HSBC Mortgage Corporation (USA) Inc. and Decision One have also been named as defendants in two separate actions filed by Residential Funding Company LLC (‘RFC’), a mortgage loan purchase counterparty, seeking unspecified damages in connection with approximately 25,000 mortgage loans. It is not practicable to estimate the possible financial impact of these matters, as there are many factors that may affect the range of possible outcomes; however, the resulting financial impact could be significant. FIRREA: Since 2010, various HSBC entities have received subpoenas and requests for information from the DoJ and the Massachusetts state Attorney General seeking the production of documents and information regarding HSBC’s involvement in certain RMBS transactions as an issuer, sponsor, underwriter, depositor, trustee, custodian or servicer. In November 2014, HNAH, on behalf of itself and various subsidiaries including, but not limited to, HSBC Bank USA, HSI Asset Securitization Corp., HSI, HSBC Mortgage Corporation (USA), HSBC Finance and Decision One, received a subpoena from the US Attorney’s Office for the District of Colorado, pursuant to the Financial Industry Reform, Recovery and Enforcement Act (‘FIRREA’), concerning the origination, financing, purchase, securitisation and servicing of sub-prime and non-sub-prime residential mortgages. HSBC continues to cooperate with these investigations, which are at or nearing completion. In December 2016, HSBC had an initial discussion with the DoJ, wherein the DoJ stated its preliminary view that HSBC is subject to liability under FIRREA in connection with certain securitisations from 2005 to 2007 with respect to which HSBC Bank USA served as sponsor or seller of loans and HSI served as underwriter. In March 2017, HSBC provided its response to the DoJ, which, among other things, outlined why the Bank disagrees with the DoJ’s preliminary view. Since then, the Bank has been in active discussions with the DoJ regarding a potential resolution; however, the Bank has also indicated a willingness to defend itself in the event that formal legal proceedings are commenced. There can be no assurance as to how or when this matter will be resolved, or whether this matter will be resolved prior to the commencement of formal legal proceedings by the DoJ. Moreover, it is possible that any such resolution could result in significant penalties and other costs. To date, at least one bank has been sued by the DoJ and at least eight other banks have reported settlements of mortgage-backed securities-related matters pursuant to FIRREA. The prior DoJ settlements provide no clear guidance as to how those individual settlement amounts were calculated, and due to the high degree of uncertainty involved, it is not practicable to estimate any possible financial impact of this matter, which could be significant. HSBC expects the focus on mortgage securitisations to continue and that it may be subject to additional claims, litigation and governmental or regulatory scrutiny relating to its participation in the US mortgage securitisation market. Anti-money laundering and sanctions-related matters In October 2010, HSBC Bank USA entered into a consent cease and desist order with the OCC, and HNAH entered into a consent cease and desist order with the FRB. In 2012, HSBC Bank USA further entered into an enterprise-wide compliance consent order (each an ‘Order’ and together, the ‘Orders’). These Orders required improvements to establish an effective compliance risk management programme across HSBC’s US businesses, including risk management related to the Bank Secrecy Act (‘BSA’) and AML compliance. While these Orders remain open, HSBC Bank USA and HNAH believe that they have taken appropriate steps to bring themselves into compliance with the requirements of the Orders. In December 2012, HSBC Holdings, HNAH and HSBC Bank USA entered into agreements with US and UK government and regulatory agencies regarding past inadequate compliance with the BSA, AML and sanctions laws. Among those agreements, HSBC Holdings and HSBC Bank USA entered into a five -year deferred prosecution agreement with, among others, the DoJ (the ‘AML DPA’); and HSBC Holdings consented to a cease and desist order, and HSBC Holdings and HNAH consented to a civil money penalty order with the FRB. HSBC Holdings also entered into an agreement with the Office of Foreign Assets Control (‘OFAC’) regarding historical transactions involving parties subject to OFAC sanctions, as well as an undertaking with the UK FCA to comply with certain forward-looking AML and sanctions-related obligations. In addition, HSBC Bank USA entered into civil money penalty orders with the Financial Crimes Enforcement Network of the US Treasury Department (‘FinCEN’) and the OCC. Under these agreements, HSBC Holdings and HSBC Bank USA made payments totalling $1.9 bn to US authorities and undertook various further obligations, including, among others, to retain an independent compliance monitor (who is, for FCA purposes, a ‘skilled person’ under section 166 of the Financial Services and Markets Act) to produce annual assessments of the Group’s AML and sanctions compliance programme (the ‘Monitor’). Under the cease and desist order issued by the FRB in 2012, the Monitor also serves as an independent consultant to conduct annual assessments. In February 2018, the Monitor delivered his fourth annual follow-up review report. Through his country-level reviews, the Monitor identified potential anti-money laundering and sanctions compliance issues that HSBC is reviewing further with the DoJ, FRB and/or FCA. In particular, the DoJ is investigating HSBC’s handling of a corporate customer’s accounts. In addition, FinCEN as well as the Civil Division of the US Attorney’s Office for the Southern District of New York are investigating the collection and transmittal of third-party originator information in certain payments instructed over HSBC’s proprietary payment systems. The FCA is also conducting an investigation into HSBC Bank plc’s compliance with UK money laundering regulations and financial crime systems and controls requirements. HSBC is cooperating with all of these investigations. In December 2017, the AML DPA expired and the charges deferred by the AML DPA were dismissed. The Monitor will continue working in his capacity as a skilled person and independent consultant for a period of time at the FCA’s and FRB’s discretion. The role of the Monitor and his fourth annual follow-up review report, as well as the AML DPA and related agreements and consent orders are discussed on pages 97 and 118 . Concurrent with entry into the AML DPA, HSBC Bank USA also entered into two consent orders with the OCC. The first, discussed above, required HSBC Bank USA to adopt an enterprise-wide compliance programme. The second required HSBC Bank USA to correct the circumstances noted in the OCC’s report and imposed restrictions on HSBC Bank USA acquiring control of, or holding an interest in, any new financial subsidiary, or commencing a new activity in its existing financial subsidiary, without the OCC’s prior approval. These settlements with US and UK authorities have led to private litigation, and do not preclude further private litigation related to HSBC’s compliance with applicable BSA, AML and sanctions laws or other regulatory or law enforcement actions for BSA, AML, sanctions or other matters not covered by the various agreements. In May 2014, a shareholder derivative action was filed by a shareholder of HSBC Holdings purportedly on behalf of HSBC Holdings, HSBC Bank USA, HNAH and HSBC USA Inc. (the ‘Nominal Corporate Defendants’) in New York state court against certain current and former directors and officers of those HSBC companies (the ‘Individual Defendants’). The complaint alleges that the Individual Defendants breached their fiduciary duties to the Nominal Corporate Defendants and caused a waste of corporate assets by allegedly permitting and/or causing the conduct underlying the AML DPA. In November 2015, the New York state court granted the Nominal Corporate Defendants’ motion to dismiss. The plaintiff has appealed that decision. In July 2014, a claim was filed in the Ontario Superior Court of Justice against HSBC Holdings and a former employee purportedly on behalf of a class of persons who purchased HSBC common shares and American Depositary Shares between July 2006 and July 2012. The complaint, which seeks monetary damages of up to CA $20 bn, alleges that the defendants made statutory and common law misrepresentations in documents released by HSBC Holdings and its wholly owned indirect subsidiary, HSBC Bank Canada, relating to HSBC’s compliance with BSA, AML, sanctions and other laws. In September 2017, the Ontario Superior Court of Justice dismissed the statutory claims against HSBC Holdings and the former employee for lack of jurisdiction, and stayed the common law misrepresentation claim against HSBC Holdings on the basis of forum non-conveniens. In October 2017, the plaintiff appealed to the Court of Appeal for Ontario, where the matter is pending. Since November 2014, five lawsuits have been filed in federal court in New York, Illinois and Texas, against various HSBC companies and others, on behalf of plaintiffs who are, or are related to, victims of terrorist attacks in Iraq and Jordan or of cartel violence in Mexico. In each case, it is alleged that the defendants aided and abetted the unlawful conduct of various sanctioned parties in violation of the US Anti-Terrorism Act. One action was voluntarily dismissed in October 2017. The remaining actions are pending in federal court in New York and are at an early stage. Based on the facts currently known, it is not practicable at this time for HSBC to predict the resolution of these matters, including the timing or any possible impact on HSBC, which could be significant. Tax-related investigations Various tax administration, regulatory and law enforcement authorities around the world, including in the US, Belgium, Argentina, India and Spain are conducting investigations and reviews of HSBC Private Bank (Suisse) SA (‘HSBC Swiss Private Bank’) and other HSBC companies, in connection with allegations of tax evasion or tax fraud, money laundering and unlawful cross-border banking solicitation. HSBC continues to cooperate in ongoing investigations by the DoJ and the US Internal Revenue Service regarding whether certain HSBC companies and employees, including those associated with HSBC Swiss Private Bank and an HSBC company in India, acted appropriately in relation to certain customers who may have had US tax reporting obligations. In connection with these investigations, HSBC Swiss Private Bank, with due regard for Swiss law, has produced records and other documents to the DoJ. In August 2013, the DoJ informed HSBC Swiss Private Bank that it was not eligible for the ‘Program for Non-Prosecution Agreements or Non-Target Letters for Swiss Banks’ since a formal investigation had previously been authorised. In November 2014, HSBC Swiss Private Bank was placed under formal criminal examination in France for alleged tax-related offences in 2006 and 2007 and, in April 2015, HSBC Holdings was informed that it had been placed under formal criminal examination in France in connection with the conduct of HSBC Swiss Private Bank. In November 2017, HSBC Swiss Private Bank reached an agreement with the French public prosecutor to resolve its investigation. Under the terms of the settlement, HSBC Swiss Private Bank agreed to pay €300 million in fines and damages. The investigation into HSBC Holdings was dismissed without further proceedings. In November 2014, HSBC Swiss Private Bank was also placed under formal criminal examination in Belgium for alleged tax-related offences. In June 2017, Belgian authorities placed HSBC Holdings and HSBC Private Bank Holdings (Suisse) SA, a Swiss holding company, under formal criminal examination. In November 2014, the Argentine tax authority initiated a criminal action against various individuals, including current and former HSBC employees. The criminal action includes allegations of tax evasion, conspiracy to launder undeclared funds and an unlawful association among HSBC Swiss Private Bank, HSBC Bank Argentina, HSBC Bank USA and certain HSBC employees, which allegedly enabled numerous HSBC customers to evade their Argentine tax obligations. In February 2015, the Indian tax authority issued a summons and request for information to an HSBC company in India. In August 2015 and November 2015, HSBC companies received notices issued by two offices of the Indian tax authority, alleging that the Indian tax authority had sufficient evidence to initiate prosecution against HSBC Swiss Private Bank and an HSBC company in Dubai for allegedly abetting tax evasion of four different Indian individuals and/or families and requesting that the HSBC companies show why such prosecution should not be initiated. HSBC Swiss Private Bank and the HSBC company in Dubai have responded to the show cause notices. HSBC is cooperating with the relevant authorities. At 31 December 2017, HSBC has recognised a provision for these various matters in the amount of $604m . There are many factors that may affect the range of outcomes, and the resulting financial impact, of these investigations and reviews. Based on the information currently available, management’s estimate of the possible aggregate penalties that might arise as a result of the matters in respect of which it is practicable to form estimates is up to or exceeding $1.5b n, including amounts for which a provision has been recognised. Due to uncertainties and limitations of these estimates, the ultimate penalties could differ significantly from this amount. In light of the media attention regarding these matters, it is possible that other tax administration, regulatory or law enforcement authorities will also initiate or enlarge similar investigations or regulatory proceedings. Mossack Fonseca & Co. HSBC has received requests for information from various regulatory and law enforcement authorities around the world concerning persons and entities believed to be linked to Mossack Fonseca & Co., a service provider of personal investment companies. HSBC is cooperating with the relevant authorities. Based on the facts currently known, it is not practicable at this time for HSBC to predict the resolution of this matter, including the timing or any possible impact on HSBC, which could be significant. London interbank offered rates, European interbank offered rates and other benchmark interest rate investigations and litigation Various regulators and competition and law enforcement authorities around the world, including in the UK, the US, the EU and Switzerland, are conducting investigations and reviews related to certain past submissions made by panel banks and the processes for making submissions in connection with the setting of Libor, Euribor and other benchmark interest rates and screens used to price certain derivative products. HSBC has been the subject of regulatory demands for information and is cooperating with those investigations and reviews. In December 2016, the European Commission (the ‘Commission’) issued a decision finding that HSBC, among other banks, engaged in anti-competitive practices in connection with the pricing of euro interest rate derivatives in early 2007. The Commission imposed a fine on HSBC based on a one -month infringement. HSBC has appealed the decision. US dollar Libor: Beginning in 2011, HSBC and other panel banks have been named as defendants in a number of private lawsuits filed in the US with respect to the setting of US dollar Libor. The complaints assert claims under various US laws, including US antitrust and racketeering laws, the US Commodity Exchange Act (‘US CEA’), and state law. The lawsuits include individual and putative class actions, most of which have been transferred and/or consolidated for pre-trial purposes before the New York District Court. The New York District Court has issued decisions dismissing certain of the claims in response to motions filed by the defendants. Those decisions resulted in the dismissal of the plaintiffs’ federal and state antitrust claims, racketeering claims and unjust enrichment claims. The dismissal of the antitrust claims was appealed to the US Court of Appeals for the Second Circuit, which reversed the decisions in May 2016. In July 2016, the defendants filed a joint motion to dismiss the antitrust claims on additional grounds not previously addressed by the court and, in December 2016, the New York District Court granted in part and denied in part the motion, leaving only certain antitrust claims to be litigated. Certain plaintiffs have appealed the December 2016 order to the US Court of Appeals for the Second Circuit. Separately, in October 2016, the New York District Court granted a motion to dismiss claims brought by certain individual plaintiffs for lack of personal jurisdiction, which is also on appeal to the Second Circuit. Finally, in January 2017, the District Court granted the defendants’ motion to dismiss certain of the remaining antitrust claims against defendants that did not serve on the US dollar Libor submission panel. In the New York District Court, the cases with remaining claims against HSBC have been stayed while the court considers motions to certify classes in several putative class actions that are pending against HSBC’s co-defendants. In 2017, HSBC reached agreements with plaintiffs to resolve three putative c

Related party transactions

Related party transactions	12 Months Ended
	Dec. 31, 2017
Related Party [Abstract]
Related party transactions	35 Related party transactions Related parties of the Group and HSBC Holdings include subsidiaries, associates, joint ventures, post-employment benefit plans for HSBC employees, Key Management Personnel (‘KMP’) as defined by IAS 24, close family members of KMP and entities which are controlled or jointly controlled by KMP or their close family members. KMP are defined as those persons having authority and responsibility for planning, directing and controlling the activities of HSBC Holdings. These individuals also constitute ‘senior management’ for the purposes of the Hong Kong Listing Rules. Following a review of the application of IAS 24, it was determined that the roles of Chief Legal Officer, Group Head of Internal Audit and Group Head of Human Resources did not meet the criteria for KMP as provided for in the standard. Particulars of transactions with related parties are tabulated below. The disclosure of the year-end balance and the highest amounts outstanding during the year is considered to be the most meaningful information to represent the amount of the transactions and outstanding balances during the year. Key Management Personnel Details of Directors’ remuneration and interest in shares are disclosed in the Directors’ Remuneration Report on pages 186 to 202 . IAS 24 ‘Related party disclosures’ requires the following additional information for key management compensation. Compensation of Key Management Personnel 2017 2016 2015 $m $m $m Short-term employee benefits 43 41 40 Post-employment benefits — — 1 Other long-term employee benefits 5 5 9 Share-based payments 35 37 51 Year ended 31 Dec 83 83 101 Shareholdings, options and other securities of Key Management Personnel 2017 2016 (000s) (000s) Number of options held over HSBC Holdings ordinary shares under employee share plans 15 18 Number of HSBC Holdings ordinary shares held beneficially and non-beneficially 22,609 22,283 At 31 Dec 22.624 22,301 Transactions and balances during the year with Key Management Personnel 2017 2016 Balance at 31 Dec Highest amounts outstanding Balance Highest amounts outstanding Footnotes $m $m $m $m Key Management Personnel 1 Advances and credits 2 329 334 215 220 Guarantees 6 52 55 63 Deposits 300 893 229 677 1 Includes Key Management Personnel, close family members of Key Management Personnel and entities which are controlled or jointly controlled by Key Management Personnel or their close family members. 2 Advances and credits entered into by subsidiaries of HSBC Holdings during 2017 with Directors, disclosed pursuant to Section 413 of the Companies Act 2006, totalled $2m ( 2016 : $2m ). Some of the transactions were connected transactions as defined by the Rules Governing The Listing of Securities on The Stock Exchange of Hong Kong Limited, but were exempt from any disclosure requirements under the provisions of those rules. The above transactions were made in the ordinary course of business and on substantially the same terms, including interest rates and security, as for comparable transactions with persons of a similar standing or, where applicable, with other employees. The transactions did not involve more than the normal risk of repayment or present other unfavourable features. Associates and joint ventures The Group provides certain banking and financial services to associates and joint ventures including loans, overdrafts, interest and non-interest bearing deposits and current accounts. Details of the interests in associates and joint ventures are given in Note 17 . Transactions and balances during the year with associates and joint ventures 2017 2016 Highest balance Balance at Highest balance Balance at $m $m $m $m Unsubordinated amounts due from joint ventures 138 119 126 113 Unsubordinated amounts due from associates 3,104 2,537 3,136 2,881 Subordinated amounts due from associates 411 411 — — Amounts due to associates 2,617 1,232 1,112 576 Guarantees and commitments 654 665 776 594 The above outstanding balances arose in the ordinary course of business and on substantially the same terms, including interest rates and security, as for comparable transactions with third-party counterparties. Post-employment benefit plans At 31 December 2017 , $ 5.3bn ( 2016 : $ 4.4bn ) of HSBC post-employment benefit plan assets were under management by HSBC companies, earning management fees of $ 8m in 2017 ( 2016 : $ 6m ). At 31 December 2017 , HSBC’s post-employment benefit plans had placed deposits of $ 875m ( 2016 : $ 710m ) with its banking subsidiaries, earning interest payable to the schemes of nil ( 2016 : $ 1m ). The above outstanding balances arose from the ordinary course of business and on substantially the same terms, including interest rates and security, as for comparable transactions with third-party counterparties. The HSBC Bank (UK) Pension Scheme and International Staff Retirement Benefit Scheme enter into swap transactions with HSBC to manage inflation and interest rate sensitivity of its liabilities and selected assets. At 31 December 2017 , the gross notional value of the swaps with HSBC Bank (UK) Pension Scheme was $11.3bn ( 2016 : $10.5bn ); these swaps had a positive fair value to the scheme of $1.0bn ( 2016 : $0.9bn ); and HSBC had delivered collateral of $1.0bn ( 2016 : $0.9bn ) to the scheme in respect of these arrangements. At 31 December 2017 , the International Staff Retirement Benefit Scheme no longer held any swaps. In the prior year, it held swaps (gross notional value in 2016 : $1.2bn ) which had a net negative fair value to the scheme ( 2016 : $85m negative). All swaps were executed at prevailing market rates and within standard market bid/offer spreads. HSBC Holdings Details of HSBC Holdings’ subsidiaries are shown in Note 37 . Transactions and balances during the year with subsidiaries 2017 2016 Highest balance Balance at Highest balance Balance at $m $m $m $m Assets Cash and balances with HSBC undertakings 1,985 1,985 997 247 Loans and advances to HSBC undertakings designated at fair value 11,944 11,944 — — Derivatives 2,796 2,388 4,494 2,148 Loans and advances to HSBC undertakings 89,810 76,627 77,732 77,421 Financial investments in HSBC undertakings 4,264 4,264 4,314 3,590 Investments in subsidiaries 95,850 92,930 97,827 95,850 Total related party assets at 31 Dec 206,649 190,138 185,364 179,256 Liabilities Amounts owed to HSBC undertakings 2,906 2,571 3,823 2,157 Derivatives 4,904 3,082 5,025 5,025 Subordinated liabilities 892 892 1,749 891 Total related party liabilities at 31 Dec 8,702 6,545 10,597 8,073 Guarantees and commitments 9,692 7,778 63,719 7,619 The above outstanding balances arose in the ordinary course of business and on substantially the same terms, including interest rates and security, as for comparable transactions with third-party counterparties. Some employees of HSBC Holdings are members of the HSBC Bank (UK) Pension Scheme, which is sponsored by a separate Group company. HSBC Holdings incurs a charge for these employees equal to the contributions paid into the scheme on their behalf. Disclosure in relation to the scheme is made in Note 5 .

Events after the balance sheet

Events after the balance sheet date	12 Months Ended
	Dec. 31, 2017
Events After Reporting Period [Abstract]
Events after the balance sheet date	36 Events after the balance sheet date A fourth interim dividend for 2017 of $ 0.21 per ordinary share (a distribution of approximately $4,199m ) was declared by the Directors after 31 December 2017. These accounts were approved by the Board of Directors on 20 February 2018 and authorised for issue.

HSBC Holdings' subsidiaries, jo

HSBC Holdings' subsidiaries, joint ventures and associates	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
HSBC Holdings' subsidiaries, joint ventures and associates	17 Interests in associates and joint ventures Associates At 31 December 2017, the carrying amount of HSBC’s interests in associates was $22,577m (2016: $19,874m ). Principal associates of HSBC 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Bank of Communications Co., Limited 18,057 10,491 15,765 10,207 The Saudi British Bank 3,618 4,320 3,280 3,999 1 Principal associates are listed on recognised stock exchanges. The fair values are based on the quoted market prices of the shares held (Level 1 in the fair value hierarchy). At 31 Dec 2017 Footnote Country of incorporation and principal place of business Principal activity HSBC’s interest % Bank of Communications Co., Limited 1 PRC Banking services 19.03 The Saudi British Bank Saudi Arabia Banking services 40.00 1 People’s Republic of China. A list of all associates and joint ventures is set out on page 294 . Bank of Communications Co., Limited The Group’s significant influence in Bank of Communications Co., Limited (‘BoCom’) was established via representation on BoCom’s board of directors and a technical cooperation and exchange programme. Under this programme, a number of HSBC staff have been seconded to assist in the maintenance of BoCom’s financial and operating policies. Impairment testing At 31 December 2017, the fair value of HSBC’s investment in BoCom had been below the carrying amount for approximately 68 months. As a result, the Group performed an impairment test on the carrying amount of the investment in BoCom, which confirmed there was no impairment at 31 December 2017. At 31 Dec 2017 At 31 Dec 2016 VIU Carrying value Fair VIU Carrying value Fair $bn $bn $bn $bn $bn $bn Bank of Communications Co., Limited 18.3 18.1 10.5 16.1 15.8 10.2 Basis of recoverable amount The impairment test was performed by comparing the recoverable amount of BoCom, determined by a value in use (‘VIU’) calculation, with its carrying amount. The VIU calculation uses discounted cash flow projections based on management’s estimates of earnings. Cash flows beyond the short to medium term are extrapolated in perpetuity using a long-term growth rate to derive a terminal value, which comprises the majority of VIU. An imputed capital maintenance charge (‘CMC’) is calculated to reflect expected regulatory capital requirements, and is deducted from forecast cash flows. The principal inputs to the CMC calculation include estimates of asset growth, the ratio of risk-weighted assets to total assets, and the expected minimum regulatory capital requirements. An increase in the CMC as a result of a change to these principal inputs would reduce VIU. Additionally, management considers other factors (including qualitative factors) to ensure that the inputs to the VIU calculation remain appropriate. Significant management judgement is required in estimating the future cash flows of BoCom. Key assumptions in value in use calculation We used a number of assumptions in our VIU calculation: • Long-term profit growth rate of 3% (2016: 5% ) for periods after 2020, which does not exceed forecast GDP growth in mainland China and is within the range forecast by external analysts. • Long-term asset growth rate of 3% (2016: 4% ) for periods after 2020, which is the rate that assets are expected to grow to achieve long-term profit growth of 3% . • Discount rate of 11.85% (2016: 13.0% ), which is based on a capital asset pricing model (‘CAPM’) calculation for BoCom, using market data. Management also compares rates derived from the CAPM with discount rates from external sources. The discount rate used was within the range of 10.2% to 13.4% (2016: 10.2% to 15.0% ) indicated by external sources. • Loan impairment charge as a percentage of customer advances: a range from 0.66% to 0.82% (2016: 0.72% to 0.87% ) in the short to medium term, largely based on forecasts disclosed by external analysts. For periods after 2020, the ratio is 0.70% (2016: 0.70% ), slightly higher than the historical average. • Risk-weighted assets as a percentage of total assets: 62% (2016: 62% ) for all forecast periods. This is consistent with the forecasts disclosed by external analysts. • Cost-income ratio: ranges from 37.1% to 38.0% (2016: 40.0% ) in the short to medium term. This is slightly higher than the forecasts disclosed by external analysts. The long-term profit growth rate, long-term asset growth rate and discount rate assumptions were updated in 2017 to better align with market practice when setting long-term assumptions in VIU calculations. The long-term profit growth rate was set at the lower end of the range forecast by external analysts and there was a corresponding change to the long-term asset growth rate. These changes reduced management’s uncertainty in respect of estimated future cash flows and accordingly the discount rate was set based on CAPM with no adjustment for uncertainty in future cash flows. The following table shows the change to each key assumption in the VIU calculation that on its own would reduce the headroom to nil. Key assumption Changes to key assumption to reduce headroom to nil • Long-term profit growth rate • Decrease by 11 basis points • Long-term asset growth rate • Increase by 10 basis points • Discount rate • Increase by 13 basis points • Loan impairment charge as a percentage of customer advances • Increase by 2 basis points • Risk-weighted assets as a percentage of total assets • Increase by 63 basis points • Cost-income ratio • Increase by 46 basis points The following table illustrates the effect on VIU of reasonably possible changes to key assumptions. This reflects the sensitivity of the VIU to each key assumption on its own, and it is possible that more than one favourable and/or unfavourable change will occur at the same time. The selected rates of reasonably possible changes to key assumptions is largely based on external analysts’ forecasts which can change period to period. Sensitivity of VIU to reasonably possible changes in key assumptions Favourable change Unfavourable change Increase VIU Decrease VIU bps $bn $bn bps $bn $bn At 31 Dec 2017 Long-term profit growth rate 200 6.6 24.9 — — 18.3 Long-term asset growth rate (20 ) 0.5 18.9 200 (7.1 ) 11.2 Discount rate (35 ) 0.7 19.1 65 (1.2 ) 17.1 Loan impairment charge as a percentage of customer advances 2017-20: 0.71% 0.1 18.5 2017-20: 0.90% (1.3 ) 17.0 Risk-weighted assets as a percentage of total assets (60 ) 0.2 18.6 30 (0.1 ) 18.2 Cost-income ratio (173 ) 1.5 19.8 — — 18.3 At 31 Dec 2016 Long-term profit growth rate — — 16.1 (150 ) (3.3 ) 12.8 Long-term asset growth rate (80 ) 1.8 17.8 — — 16.1 Discount rate (100 ) 2.3 18.4 — — 16.1 Loan impairment charge as a percentage of customer advances — — 16.1 2016-19: 0.93% (1.1 ) 15.0 Risk-weighted assets as a percentage of total assets (30 ) 0.1 16.2 170 (0.6 ) 15.5 Cost income ratio (170 ) 0.9 17.0 250 (1.4 ) 14.7 Considering the interrelationship of the changes set out in the table above, management estimates that the reasonably possible range of VIU is $14.7b n to $21.1 bn (2016: $10.8b n to $19.0b n). Selected financial information of BoCom The statutory accounting reference date of BoCom is 31 December. For the year ended 31 December 2017, HSBC included the associate’s results on the basis of financial statements for the 12 months ended 30 September 2017, taking into account changes in the subsequent period from 1 October 2017 to 31 December 2017 that would have materially affected the results. Selected balance sheet information of BoCom At 30 Sep 2017 2016 $m $m Cash and balances at central banks 146,029 137,844 Loans and advances to banks and other financial institutions 120,403 101,436 Loans and advances to customers 662,706 566,126 Other financial assets 386,067 311,207 Other assets 58,202 48,922 Total assets 1,373,407 1,165,535 Deposits by banks and other financial institutions 366,993 297,442 Customer accounts 747,882 680,915 Other financial liabilities 123,751 69,954 Other liabilities 32,568 27,860 Total liabilities 1,271,194 1,076,171 Total equity 102,213 89,364 Reconciliation of BoCom’s total shareholders’ equity to the carrying amount in HSBC’s consolidated financial statements At 30 Sep 2017 2016 $m $m HSBC’s share of total shareholders’ equity 17,551 15,285 Goodwill and other intangible assets 506 480 Carrying amount 18,057 15,765 Selected income statement information of BoCom For the 12 months ended 30 Sep 2017 2016 $m $m Net interest income 19,080 20,614 Net fee and commission income 5,698 5,493 Loan impairment charges (4,286 ) (4,284 ) Depreciation and amortisation (1,342 ) (1,216 ) Tax expense (2,234 ) (2,800 ) Profit for the year 10,288 10,151 Other comprehensive income (624 ) 875 Total comprehensive income 9,664 11,026 Dividends received from BoCom 565 580 Summarised aggregate financial information for all associates excluding BoCom 2017 2016 $m $m Carrying amount 4,520 4,109 HSBC’s share of: – total assets 20,625 20,757 – total liabilities 16,119 16,661 – revenues 1,051 923 – profit or loss from continuing operations 487 454 Joint ventures At 31 December 2017, the carrying amount of HSBC’s interests in joint ventures was $167m (2016: $155m ). Associates and joint ventures For the year ended 31 December 2017, HSBC’s share of associates’ and joint ventures’ tax on profit was $440m (2016: $542m ). This is included within ‘Share of profit in associates and joint ventures’ in the ‘Consolidated income statement’. Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). 19 Structured entities HSBC is mainly involved with both consolidated and unconsolidated structured entities through the securitisation of financial assets, conduits and investment funds, established either by HSBC or a third party. Consolidated structured entities Total assets of HSBC’s consolidated structured entities, split by entity type Conduits Securitisations HSBC Other Total $bn $bn $bn $bn $bn At 31 Dec 2017 12.9 4.8 7.0 3.2 27.9 At 31 Dec 2016 15.8 5.7 4.8 3.7 30.0 Conduits HSBC has established and manages two types of conduits: securities investment conduits (‘SICs’) and multi-seller conduits. Securities investment conduits The SICs purchase highly rated ABSs to facilitate tailored investment opportunities. • Solitaire – At 31 December 2017 , Solitaire, HSBC’s principal SIC held $3.2b n of ABSs ( 2016 : $4.7b n). These are included within the disclosures of ABSs on page 140 . It is currently funded entirely by commercial paper (‘CP’) issued to HSBC. Although HSBC continues to provide a liquidity facility, Solitaire has no need to draw on it as long as HSBC purchases its issued CP, which HSBC intends to do for the foreseeable future. At 31 December 2017 , HSBC held $4.6b n of CP ( 2016 : $6.1b n). • Mazarin, Barion and Malachite – All three SICs are now funded by medium-term notes, and are no longer funded by repurchase agreements. HSBC’s primary exposure to Mazarin, Barion and Malachite is represented by the amortised cost of the debt required to support the non-cash assets of the vehicles. At 31 December 2017 , this amounted to $0.9b n ( 2016 : $1.3b n). For all three SICs first loss protection is provided through the capital notes issued by these vehicles, which are held substantially by third parties. Multi-seller conduit HSBC’s multi-seller conduit was established to provide access to flexible market-based sources of finance for its clients. Currently, HSBC bears risk equal to the transaction-specific facility offered to the multi-seller conduit, amounting to $15.7b n at 31 December 2017 ( 2016 : $15.2b n (restated)). First loss protection is provided by the originator of the assets, and not by HSBC, through transaction-specific credit enhancements. A layer of secondary loss protection is provided by HSBC in the form of programme-wide enhancement facilities. Securitisations HSBC uses structured entities to securitise customer loans and advances it originates in order to diversify its sources of funding for asset origination and capital efficiency purposes. The loans and advances are transferred by HSBC to the structured entities for cash or synthetically through credit default swaps, and the structured entities issue debt securities to investors. HSBC managed funds HSBC has established a number of money market and non-money market funds. Where it is deemed to be acting as principal rather than agent in its role as investment manager, HSBC controls these funds. Other HSBC has also entered into a number of transactions in the normal course of business which include asset and structured finance transactions where it has control of the structured entity. In addition, HSBC is deemed to control a number of third-party managed funds through its involvement as a principal in the funds. Unconsolidated structured entities The term ‘unconsolidated structured entities’ refers to all structured entities not controlled by HSBC. The Group enters into transactions with unconsolidated structured entities in the normal course of business to facilitate customer transactions and for specific investment opportunities. Nature and risks associated with HSBC interests in unconsolidated structured entities Securitisations HSBC Non-HSBC Other Total Total asset values of the entities ($m) 0 – 500 78 321 930 210 1,539 500 – 2,000 6 56 578 3 643 2,000 – 5,000 — 17 235 — 252 5,000 – 25,000 2 10 104 1 117 25,000+ — 2 11 — 13 Number of entities at 31 Dec 2017 86 406 1,858 214 2,564 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 4.0 9.1 9.3 4.1 26.5 – trading assets — 0.2 0.2 2.4 2.8 – financial assets designated at fair value — 8.0 8.3 — 16.3 – loans and advances to banks — — — 0.1 0.1 – loans and advances to customers 4.0 — — 1.1 5.1 – financial investments — 0.9 0.8 0.1 1.8 – other assets — — — 0.4 0.4 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.3 0.3 – other liabilities — — — 0.3 0.3 Other off balance sheet commitments — 0.1 2.2 0.3 2.6 HSBC’s maximum exposure at 31 Dec 2017 4.0 9.2 11.5 4.4 29.1 Total asset values of the entities ($m) 0 – 500 93 374 1,104 95 1,666 500 – 2,000 10 43 498 5 556 2,000 – 5,000 — 22 187 2 211 5,000 – 25,000 — 8 72 2 82 25,000+ — 1 4 1 6 Number of entities at 31 Dec 2016 103 448 1,865 105 2,521 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 2.4 7.1 8.3 6.2 24.0 – trading assets — 0.4 0.1 2.1 2.6 – financial assets designated at fair value — 5.9 7.5 — 13.4 – loans and advances to banks — — — 0.4 0.4 – loans and advances to customers 2.4 — — 3.2 5.6 – financial investments — 0.8 0.7 0.2 1.7 – other assets — — — 0.3 0.3 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.2 0.2 – other liabilities — — — 0.2 0.2 Other off balance sheet commitments — — 2.7 0.1 2.8 HSBC’s maximum exposure at 31 Dec 2016 2.4 7.1 11.0 6.3 26.8 The maximum exposure to loss from HSBC’s interests in unconsolidated structured entities represents the maximum loss it could incur as a result of its involvement with these entities regardless of the probability of the loss being incurred. • For commitments, guarantees and written credit default swaps, the maximum exposure to loss is the notional amount of potential future losses. • For retained and purchased investments in and loans to unconsolidated structured entities, the maximum exposure to loss is the carrying value of these interests at the balance sheet reporting date. The maximum exposure to loss is stated gross of the effects of hedging and collateral arrangements entered into to mitigate HSBC’s exposure to loss. Securitisations HSBC has interests in unconsolidated securitisation vehicles through holding notes issued by these entities. In addition, HSBC has investments in ABSs issued by third-party structured entities as set out on page 140 . HSBC managed funds HSBC establishes and manages money market funds and non-money market investment funds to provide customers with investment opportunities. Further information on funds under management is provided on page 83 . HSBC, as fund manager, may be entitled to receive management and performance fees based on the assets under management. HSBC may also retain units in these funds. Non-HSBC managed funds HSBC purchases and holds units of third-party managed funds in order to facilitate business and meet customer needs. In addition to entities, asset and liability classes disclosed above HSBC enters into derivative contracts with Non-HSBC managed funds. These interests arise in the normal course of business for the facilitation of third-party transactions and risk management solutions. Note 14 provides information on derivatives entered into by HSBC. Other HSBC has established structured entities in the normal course of business, such as structured credit transactions for customers, to provide finance to public and private sector infrastructure projects, and for asset and structured finance transactions. In addition to entities, asset and liability classes disclosed above HSBC enters into derivative contracts with Other Structured Entities. These interests arise in the normal course of business for the facilitation of third-party transactions and risk management solutions. Note 14 provides information on derivatives entered into by HSBC. HSBC sponsored structured entities The amount of assets transferred to and income received from such sponsored entities during 2017 and 2016 were not significant. 37 HSBC Holdings’ subsidiaries, joint ventures and associates In accordance with section 409 of the Companies Act 2006 a list of HSBC Holdings plc subsidiaries, joint ventures and associates, the registered office address and the effective percentage of equity owned at 31 December 2017 is disclosed below. Unless otherwise stated, the share capital comprises ordinary or common shares which are held by Group subsidiaries. The ownership percentage is provided for each undertaking. The undertakings below are consolidated by HSBC unless otherwise indicated. Subsidiaries Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes ACN 087 652 113 Pty Limited 100.00 15 Almacenadora Banpacifico S.A. (in liquidation) 99.99 9, 16 Assetfinance December (F) Limited 100.00 17 Assetfinance December (H) Limited 100.00 17 Assetfinance December (M) Limited 100.00 17 Assetfinance December (P) Limited 100.00 17 Assetfinance December (R) Limited 100.00 17 Assetfinance June (A) Limited 100.00 17 Assetfinance June (D) Limited 100.00 17 Assetfinance Limited 100.00 17 Assetfinance March (B) Limited 100.00 18 Assetfinance March (D) Limited 100.00 17 Assetfinance March (F) Limited 100.00 17 Assetfinance September (F) Limited 100.00 17 Assetfinance September (G) Limited 100.00 17 B&Q Financial Services Limited 100.00 19 Banco Nominees (Guernsey) Limited 100.00 9, 20 Banco Nominees 2 (Guernsey) Limited 100.00 20 Banco Nominees Limited 100.00 21 Bank of Bermuda (Cayman) Limited 100.00 22 Beau Soleil Limited Partnership n/a 7, 9, 23 Beijing Miyun HSBC Rural Bank Company Limited 100.00 12, 24 Beneficial Company LLC 100.00 25 Beneficial Consumer Discount Company 100.00 26 Beneficial Financial I Inc. 100.00 27 Beneficial Florida Inc. 100.00 25 Beneficial Homeowner Service Corporation 100.00 25 Beneficial Kentucky Inc. 100.00 25 Beneficial Loan & Thrift Co. 100.00 25 Beneficial Louisiana Inc. 100.00 25 Beneficial Maine Inc. 100.00 25 Beneficial Massachusetts Inc. 100.00 25 Beneficial Michigan Inc. 100.00 25 Beneficial New Hampshire Inc. 100.00 25 Beneficial Oregon Inc. 100.00 25 Beneficial Rhode Island Inc. 100.00 25 Beneficial South Dakota Inc. 100.00 25 Beneficial Tennessee Inc. 100.00 28 Beneficial West Virginia, Inc. 100.00 29 Beneficial Wyoming Inc. 100.00 30 BFC Insurance Agency of Nevada 100.00 223 Billingsgate Nominees Limited 100.00 17 Cal-Pacific Services, Inc. 100.00 27 Canada Crescent Nominees (UK) Limited 100.00 17 Canada Square Nominees (UK) Limited 100.00 17 Canada Square Property Participations Limited 100.00 17 Canada Water Nominees (UK) Limited 100.00 17 Capco/Cove, Inc. 100.00 31 Card-Flo #1, Inc. 100.00 32 Card-Flo #3, Inc. 100.00 25 Cayman International Finance Limited 100.00 33 CC&H Holdings LLC 100.00 34 CCF Charterhouse GmbH & Co Asset Leasing KG (In Liquidation) 100.00 (99.99) 35 CCF Charterhouse GmbH (in Liquidation) 100.00 (99.99) 4, 35 CCF Holding (LIBAN) S.A.L. (in liquidation) 74.99 1, 36 CCF & Partners Asset Management Limited 99.99 17 Charterhouse Administrators ( D.T.) Limited 100.00 (99.99) 9, 17 Charterhouse Development Limited 100.00 17 Charterhouse Management Services Limited 100.00 (99.99) 9, 17 Charterhouse Pensions Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Chongqing Dazu HSBC Rural Bank Company Limited (100.00) 12, 37 Chongqing Fengdu HSBC Rural Bank Company Limited 100.00 12, 38 Chongqing Rongchang HSBC Rural Bank Company Limited 100.00 12, 39 CL Residential Limited (in liquidation) 100.00 40 COIF Nominees Limited 100.00 17 Cordico Management AG 100.00 41 Corhold Limited (in liquidation) 100.00 42 Dalian Pulandian HSBC Rural Bank Company Limited 100.00 12, 43 Decision One Mortgage Company, LLC 100.00 44 Dem 5 100.00 (99.99) 4, 9, 45 Dem 9 100.00 (99.99) 4, 9, 45 Dempar 1 100.00 (99.99) 4, 9, 46 Dempar 4 100.00 (99.99) 9, 46 Desarrollo Turistico, S.A. de C.V. 99.99 9, 16 Ellenville Holdings, Inc. 100.00 31 Elysees GmbH (in Liquidation) 100.00 (99.99) 35 Elysées Immo Invest 100.00 (99.99) 4, 47 EMTT Limited (in liquidation) 100.00 17 Equator Holdings Limited (in liquidation) 100.00 17 Eton Corporate Services Limited 100.00 20 Far East Leasing SA 100.00 48 Fdm 5 SAS 100.00 (99.99) 4, 9, 45 FEPC Leasing Ltd. 100.00 49 Finanpar 2 100.00 (99.99) 4, 9, 47 Finanpar 7 100.00 (99.99) 4, 9, 47 Flandres Contentieux S.A. 100.00 (99.99) 1, 4, 9, 50 Foncière Elysées 100.00 (99.99) 4, 9, 46 Forward Trust Rail Services Limited 100.00 17 Fujian Yongan HSBC Rural Bank Company Limited 100.00 12, 51 Fulcher Enterprises Company Limited 100.00 (62.14) 52 Fundacion HSBC, A.C. 99.99 1, 9, 11, 16 Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH 100.00 (80.67) 9, 53 Gesico International SA (in liquidation) 100.00 54 Giller Ltd. 100.00 31 GPIF Co-Investment, LLC 80.00 25 GPIF-I Equity Co., Ltd. 100.00 8, 22 GPIF-I Finance Co., Ltd 100.00 8, 22 Griffin International Limited 100.00 17 Grupo Financiero HSBC, S. A. de C. V. 99.99 9, 16 Guangdong Enping HSBC Rural Bank Company Limited 100.00 12, 55 GZ Guyerzeller Corporation (in liquidation) 100.00 129 Hang Seng (Nominee) Limited 100.00 (62.14) 52 Hang Seng Bank (China) Limited 100.00 (62.14) 12, 57 Hang Seng Bank (Trustee) Limited 100.00 (62.14) 52 Hang Seng Bank Limited 62.14 52 Hang Seng Bullion Company Limited 100.00 (62.14) 52 Hang Seng Credit Limited 100.00 (62.14) 52 Hang Seng Data Services Limited 100.00 (62.14) 52 Hang Seng Finance Limited 100.00 (62.14) 52 Hang Seng Financial Information Limited 100.00 (62.14) 52 Hang Seng Futures Limited 100.00 (62.14) 52 Hang Seng Indexes Company Limited 100.00 (62.14) 52 Hang Seng Insurance Company Limited 100.00 (62.14) 52 Hang Seng Investment Management Limited 100.00 (62.14) 52 Hang Seng Investment Services Limited 100.00 52 Hang Seng Life Limited 100.00 52 Hang Seng Real Estate Management Limited 100.00 52 Hang Seng Securities Limited 100.00 52 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Hang Seng Security Management Limited 100.00 52 Haseba Investment Company Limited 100.00 52 HFC Bank Limited (in liquidation) 100.00 40 HFC Company LLC 100.00 25 High Time Investments Limited 100.00 (62.14) 52 HITG Administration GmbH 100.00 58 Honey Green Enterprises Ltd. 100.00 59 Hongkong International Trade Finance (Holdings) Limited (in liquidation) 100.00 17 Household Capital Markets LLC 100.00 25 Household Commercial Financial Services, Inc. 100.00 26 Household Finance Consumer Discount Company 100.00 25 Household Finance Corporation II 100.00 25 Household Finance Corporation III 100.00 25 Household Finance Corporation of Alabama 100.00 224 Household Finance Corporation of California 100.00 25 Household Finance Industrial Loan Company of Iowa 100.00 225 Household Finance Realty Corporation of Nevada 100.00 25 Household Finance Realty Corporation of New York 100.00 25 Household Financial Center Inc. 100.00 25 Household Industrial Finance Company 100.00 226 Household Insurance Group Holding Company 100.00 227 Household International Europe Limited (in liquidation) 100.00 3, 40 Household Pooling Corporation 100.00 60 Household Realty Corporation 100.00 25 HRMG Nominees Limited 100.00 20 HSBC (BGF) Investments Limited 100.00 17 HSBC (BVI) Limited (in liquidation) 100.00 56 HSBC (General Partner) Limited 100.00 2, 61 HSBC (Guernsey) GP PCC Limited 100.00 1, 20 HSBC (Kuala Lumpur) Nominees Sdn Bhd 100.00 62 HSBC (Malaysia) Trustee Berhad 100.00 63 HSBC (Singapore) Nominees Pte Ltd 100.00 64 HSBC Administradora de Inversiones S.A. 100.00 (99.65) 65 HSBC Agency (India) Private Limited 100.00 66 HSBC Alpha Funding (UK) Holdings LP (in liquidation) n/a 7, 67 HSBC Alternative Investments Limited 100.00 17 HSBC Amanah Malaysia Berhad 100.00 62 HSBC Amanah Takaful (Malaysia) Berhad 49.00 56, 62 HSBC Americas Corporation (Delaware) 100.00 25 HSBC Argentina Holdings S.A. 100.00 68 HSBC Asia Holdings (UK) Limited 100.00 17 HSBC Asia Holdings B.V. 100.00 3, 17 HSBC Asia Holdings Limited 100.00 2, 69 HSBC Asia Pacific Holdings (UK) Limited 100.00 17 HSBC Asset Finance (UK) Limited 100.00 17 HSBC Asset Finance Holdings Limited 100.00 17 HSBC Asset Finance M.O.G. Holdings (UK) Limited 100.00 17 HSBC Asset Management (India) Private Limited 100.00 (99.99) 3, 9, 70 HSBC Assurances Vie (France) 100.00 (99.99) 4, 9, 50 HSBC Australia Holdings Pty Limited 100.00 15 HSBC Bank (Chile) 100.00 (99.99) 9, 71 HSBC Bank (China) Company Limited 100.00 12, 72 HSBC Bank (General Partner) Limited 100.00 61 HSBC Bank (Mauritius) Limited 72.95 73 HSBC Bank (RR) (Limited Liability Company) 100.00 13, 74 HSBC Bank (Singapore) Limited 100.00 64 HSBC Bank (Taiwan) Limited 100.00 75 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Bank (Uruguay) S.A. 100.00 76 HSBC Bank (Vietnam) Ltd. 100.00 77 HSBC Bank A.S. 100.00 78 HSBC Bank Argentina S.A. 100.00 (99.99) 79 HSBC Bank Armenia cjsc 70.00 80 HSBC Bank Australia Limited 100.00 15 HSBC Bank Bermuda Limited 100.00 21 HSBC Bank Canada 100.00 81 HSBC Bank Capital Funding (Sterling 1) LP 100.00 7, 61 HSBC Bank Capital Funding (Sterling 2) LP 100.00 7, 61 HSBC Bank Egypt S.A.E 94.54 82 HSBC Bank International Limited 100.00 83 HSBC Bank Malaysia Berhad 100.00 62 HSBC Bank Malta p.l.c. 70.03 84 HSBC Bank Middle East Limited 100.00 5, 85 HSBC Bank Middle East Limited, Representative Office Morocco SARL 100.00 86 HSBC Bank Nominee (Jersey) Limited 100.00 83 HSBC Bank Oman S.A.O.G. 51.00 87 HSBC Bank Pension Trust (UK) Limited 100.00 17 HSBC Bank plc 100.00 2, 17 HSBC Bank Polska S.A. 100.00 3, 88 HSBC Bank USA, National Association 100.00 3, 89 HSBC Branch Nominee (UK) Limited 100.00 17 HSBC Brasil Holding S.A. 100.00 90 HSBC Brasil S.A. Banco De Investimento 100.00 90 HSBC Broking Forex (Asia) Limited 100.00 69 HSBC Broking Futures (Asia) Limited 100.00 69 HSBC Broking Futures (Hong Kong) Limited 100.00 69 HSBC Broking Nominees (Asia) Limited 100.00 69 HSBC Broking Securities (Asia) Limited 100.00 69 HSBC Broking Securities (Hong Kong) Limited 100.00 69 HSBC Broking Services (Asia) Limited 100.00 69 HSBC Canada Holdings (UK) Limited 100.00 17 HSBC Canadian Covered Bond (Legislative) GP Inc 100.00 199 HSBC Capital (Canada) Inc. 100.00 91 HSBC Capital (USA), Inc. 100.00 25 HSBC Capital Funding (Dollar 1) L.P. 100.00 61 HSBC Capital Limited 100.00 69 HSBC Card Services Inc. 100.00 25 HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC Cayman Services Limited 100.00 33 HSBC City Funding Holdings 100.00 17 HSBC Client Holdings Nominee (UK) Limited 100.00 17 HSBC Client Share Offer Nominee (UK) Limited 100.00 17 HSBC Columbia Funding, LLC 100.00 25 HSBC Corporate Advisory (Malaysia) Sdn Bhd 100.00 62 HSBC Corporate Finance (Hong Kong) Limited 100.00 69 HSBC Corporate Trustee Company (UK) Limited 100.00 17 HSBC Credit Center, Inc. 100.00 25 HSBC Custody Nominees (Australia) Limited 100.00 15 HSBC Custody Services (Guernsey) Limited 100.00 20 HSBC Daisy Investments (Mauritius) Limited 100.00 92 HSBC Diversified Loan Fund General Partner Sarl 100.00 93 HSBC Electronic Data Processing (Guangdong) Limited 100.00 12, 94 HSBC Electronic Data Processing (Malaysia) Sdn Bhd 100.00 95 HSBC Electronic Data Processing (Philippines), Inc. 100.00 96 HSBC Electronic Data Processing India Private Limited 100.00 97 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Electronic Data Processing Lanka (Private) Limited 100.00 98 HSBC Electronic Data Service Delivery (Egypt) S.A.E. 100.00 99 HSBC Enterprise Investment Company (UK) Limited 100.00 17 HSBC Epargne Entreprise (France) 100.00 (99.99) 4, 9, 50 HSBC Equator (UK) Limited (in liquidation) 100.00 17 HSBC Equipment Finance (UK) Limited 100.00 17 HSBC Equities (Luxembourg) S.a r.l. (in liquidation) 100.00 1, 100 HSBC Equity (UK) Limited 100.00 17 HSBC Europe B.V. 100.00 17 HSBC European Clients Depositary Receipts Nominee (UK) Limited (in liquidation) 100.00 17 HSBC Executor & Trustee Company (UK) Limited 100.00 17 HSBC Factoring (France) 100.00 (99.99) 4, 9, 46 HSBC Finance (Brunei) Berhad 100.00 101 HSBC Finance (Netherlands) 100.00 2, 17 HSBC Finance Corporation 100.00 25 HSBC Finance Limited 100.00 17 HSBC Finance Mortgages Inc. 100.00 102 HSBC Finance Transformation (UK) Limited 100.00 2, 17 HSBC Financial Services (Lebanon) s.a.l. 99.70 103 HSBC Financial Services (Middle East) Limited (In Liquidation) 100.00 104 HSBC Financial Services (Uruguay) S.A. (in liquidation) 100.00 105 HSBC France 99.99 4, 46 HSBC Fund Services (Korea) Limited 92.95 1, 106 HSBC Funding (UK) Holdings 100.00 17 HSBC Germany Holdings GmbH 100.00 53 HSBC Gestion (Monaco) SA 99.80 107 HSBC Global Asset Management (Bermuda) Limited 100.00 21 HSBC Global Asset Management (Canada) Limited 100.00 108 HSBC Global Asset Management (Deutschland) GmbH 100.00 (80.67) 9, 53 HSBC Global Asset Management (France) 100.00 (99.99) 4, 9, 109 HSBC Global Asset Management (Hong Kong) Limited 100.00 23 HSBC Global Asset Management (International) Limited 100.00 110 HSBC Global Asset Management (Japan) K. K. 100.00 111 HSBC Global Asset Management (Malta) Limited 100.00 (70.02) 112 HSBC Global Asset Management (México), S.A. de C.V., Sociedad Operadora de Fondos de Inversión, Grupo Financiero HSBC 99.99 9, 16 HSBC Global Asset Management (Oesterreich) GmbH 100.00 (80.67) 6, 9, 222 HSBC Global Asset Management (Singapore) Limited 100.00 64 HSBC Global Asset Management (Switzerland) AG 100.00 (90.33) 4, 9, 113 HSBC Global Asset Management (Taiwan) Limited 100.00 114 HSBC Global Asset Management (UK) Limited 100.00 17 HSBC Global Asset Management (USA) Inc. 100.00 115 HSBC Global Asset Management Holdings (Bahamas) Limited 100.00 116 HSBC Global Asset Management Limited 100.00 17 HSBC Global Custody Nominee (UK) Limited 100.00 17 HSBC Global Custody Proprietary Nominee (UK) Limited 100.00 17 HSBC Global Services (Hong Kong) Limited 100.00 69 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Global Services (UK) Limited 100.00 17 HSBC Global Services Limited 100.00 2, 17 HSBC Global Shared Services (India) Private Limited (in liquidation) 100.00 (99.99) 9, 66 HSBC Group Management Services Limited 100.00 17 HSBC Group Nominees UK Limited 100.00 1, 2, 17 HSBC Holdings B.V. 100.00 17 HSBC Home Equity Loan Corporation II 100.00 25 HSBC IM Pension Trust Limited 100.00 1, 17 HSBC Infrastructure Limited 100.00 17 HSBC INKA Investment-AG TGV 100.00 (80.67) 9, 14, 117 HSBC Inmobiliaria (Mexico), S.A. de C.V. 99.99 9, 16 HSBC Institutional Trust Services (Asia) Limited 100.00 69 HSBC Institutional Trust Services (Bermuda)

Non-statutory accounts

Non-statutory accounts	12 Months Ended
	Dec. 31, 2017
Corporate Information And Statement Of IFRS Compliance [Abstract]
Non-statutory accounts	38 Non-statutory accounts The information set out in these accounts does not constitute the Company’s statutory accounts for the years ended 31 December 2017 or 2016. Those accounts have been reported on by the Company’s auditors: their reports were unqualified and did not contain a statement under Section 498(2) or (3) of the Companies Act 2006. The accounts for 2016 have been delivered to the Registrar of Companies and those for 2017 will be delivered in due course.

Strategic Report

Strategic Report	12 Months Ended
	Dec. 31, 2017
Disclosure Of Information Included In The Strategic Report [Abstract]
Disclosure of information included in the strategic report	Our global businesses Our operating model consists of four global businesses and a Corporate Centre, supported by HSBC Operations Services and Technology, and 11 global functions, including: risk, finance, financial crime risk, legal, marketing and human resources. Retail Banking and Wealth Management (‘RBWM’) Commercial Banking (‘CMB’) Global Banking and Markets (‘GB&M’) Global Private Banking (‘GPB’) We help millions of people across the world to manage their finances, buy their homes, and save and invest for the future. Our Insurance and Asset Management businesses support all our global businesses in meeting their customers’ needs. We support approximately 1.7 million business customers in 53 countries and territories with banking products and services to help them operate and grow. Our customers range from small enterprises focused primarily on their domestic markets, through to large companies operating globally. We provide financial services and products to companies, governments and institutions. Our comprehensive range of products and solutions, across capital financing, advisory and transaction banking services, can be combined and customised to meet clients’ specific objectives. We help high net worth individuals and their families to grow, manage and preserve their wealth. Adjusted profit before tax < > (2016: $5.2bn) (2016: $5.9bn) (2016: $5.5bn) (2016: $0.3bn) $6.5bn $6.8bn $5.8bn $0.3bn Adjusted risk-weighted assets < > (31 Dec 2016: $114.7bn) (31 Dec 2016: $286.9bn) (31 Dec 2016: $307.7bn) (31 Dec 2016: $15.7bn) $121.5bn $301.0bn $299.3bn $16.0bn < > Our global businesses are presented on an adjusted basis, which is consistent with the way in which we assess the performance of our global businesses. Delivery against Group financial targets Return on equity 5.9% Adjusted jaws < > +1% Dividends per ordinary share in respect of 2017 $0.51 Ñ For further details, see page 17 . HSBC Holdings plc 3 Retail Banking and Wealth Management (‘RBWM’) RBWM serves close to 37 million customers worldwide through four main businesses: Retail Banking, Wealth Management, Asset Management and Insurance. Our HSBC Premier and Advance propositions are aimed at mass affluent and emerging affluent customers who value international connectivity and benefit from our global reach and scale. For customers with simpler banking needs, RBWM offers a full range of products and services reflecting local requirements. Key events – Significant investment in digital transformation across our six core markets, reshaping the branch network and sales force, and improving customer engagement, including the launch of a payment app in Hong Kong (PayMe) and voice biometrics in the UK. – Continued to attract customer deposits (up 5% ), providing the potential to benefit from future interest rate rises; lending balances increased by 7% . – Strong growth in sales of investment products, notably equities (up 45% ) and mutual funds (up 22% ), and growth in insurance annualised new business premiums (up 7% ), primarily in Asia. Financial performance Adjusted profit before tax of $6.5bn was $1.2bn or 24% higher, reflecting strong revenue growth from deposits and Wealth Management, as well as lower LICs, partly offset by higher operating expenses. We achieved positive adjusted jaws of 4.0% . Adjusted revenue of $20.3bn was $1.7bn or 9% higher, reflecting: Higher revenue in Retail Banking (up $0.8bn or 6% ): – Growth in revenue from current accounts, savings and deposits (up $1.1bn ) due to wider spreads and higher balances primarily in Hong Kong, and also in the US and Mexico. This was partly offset by: – Lower personal lending revenue (down $0.3bn ), reflecting mortgage spread compression, primarily in Hong Kong, mainland China and the US. This was partly offset by lending growth of $22.2bn , notably driven by mortgages in the UK and Hong Kong, where we grew our market share. Higher revenue in Wealth Management (up $0.9bn or 18% ): – Growth in life insurance manufacturing revenue (up $0.5bn ) including favourable movements in market impacts of $0.3bn in 2017 compared with adverse movements of $0.4bn in 2016, due to interest rate and equity market movements, notably in Asia and France, and to a lesser extent higher insurance sales in Asia. – Higher investment distribution revenue (up $0.4bn ), primarily from higher sales of mutual funds and retail securities in Hong Kong, reflecting increased investor confidence. Adjusted LICs of $1.0bn were $0.2bn or 14% lower, reflecting reductions in Turkey of $85m and in the US of $44m , as credit quality improved. This was partly offset in Mexico where higher LICs ( $24m ) reflected targeted growth in unsecured lending and associated higher delinquency rates. In the UK LICs of $132m were marginally higher, but remained at very low levels ( 10 bps of the portfolio) as higher LICs relating to mortgages and unsecured lending were partly offset by a release from the sale of a loan portfolio. Adjusted operating expenses of $12.8bn were $0.7bn or 5% higher, mainly due to investment in growth initiatives, notably in retail business banking, in our international proposition as we introduced new products and services, and in mainland China. Transformational and other cost savings partly offset inflation and higher performance-related pay. 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Retail Banking 13,495 12,695 12,508 800 6 % – c urrent accounts, savings and deposits 6,344 5,213 4,814 1,131 22 % – personal lending 7,151 7,482 7,694 (331 ) (4 )% mortgages 2,337 2,546 2,648 (209 ) (8 )% credit cards 2,899 3,034 3,218 (135 ) (4 )% other personal lending 4 1,915 1,902 1,828 13 1 % Wealth Management 6,224 5,292 5,748 932 18 % – investment distribution 5 3,276 2,904 3,230 372 13 % – life insurance manufacturing 1,893 1,401 1,544 492 35 % – asset management 1,055 987 974 68 7 % Other 6 568 555 582 13 2 % Year ended 31 Dec 20,287 18,542 18,838 1,745 9 % Adjusted RoRWA (%) 7 5.5 4.6 4.8 Ñ For footnotes, see page 85 . Change in adjusted profit before tax +24% 18 HSBC Holdings plc Commercial Banking (‘CMB’) CMB serves approximately 1.7 million customers in 53 countries and territories. Our customers range from small enterprises focused primarily on their domestic markets to corporates operating globally. We support customers with tailored financial products and services to allow them to operate efficiently and grow. Services provided include working capital, term loans, payment services and international trade facilitation, as well as expertise in mergers and acquisitions, and access to financial markets. Key events – Corporate customer value from our international subsidiary banking proposition grew 19% * compared with 2016, continuing to demonstrate the value of our global network. – In GLCM we launched a number of mobile solutions, including the government sponsored Unified Payments Interface in India, and Omni-Channel mobile collections in China. We also rolled out Voice and Touch ID in 37 markets and launched the next generation of HSBCnet. – HSBC was named the world’s Best Trade Finance Bank and Most Innovative Bank by Global Trade Review magazine. We also announced a strategic partnership with Tradeshift, the world’s largest business commerce platform, which will enable companies of all sizes to manage their global supply chains and working capital requirements from one simple online platform, from any device. Financial performance Adjusted profit before tax of $6.8bn was $0.9bn or 15% higher, reflecting higher revenue and lower LICs. This was partly offset by an increase in operating expenses. We achieved positive adjusted jaws of 1.3% . Adjusted revenue of $13.2bn was $0.6bn or 5% higher, as strong growth in GLCM and increased revenue in C&L were partly offset by a reduction in GTRF revenue. – In GLCM, revenue increased by $536m or 13% , notably in Hong Kong and mainland China, reflecting wider spreads. Average balances grew 5%, reflecting customer deposit retention and new customer acquisitions. In the UK, average balance sheet growth of 10% was more than offset by narrower spreads due to the impact of the base rate reduction in 2016. – In C&L, revenue increased by $52m or 1% . In the UK, revenue increased as lending growth more than offset narrower spreads. By contrast, revenue in Asia was lower, as balance growth in Hong Kong was more than offset by the effects of spread compression in Hong Kong and mainland China, in part reflecting competitive pressures. Revenue in the US was lower, as we reposition the portfolio towards higher returns. – In GTRF, revenue was $21m or 1% lower, representing a stabilisation in performance following a challenging 2016. Notably, revenue increased in both Asia and the UK, reflecting balance sheet growth. However, this was more than offset by a reduction in revenue in the Middle East and North Africa (‘MENA’), reflecting the effect of managed customer exits in the UAE. Adjusted LICs of $0.5bn were $0.5bn or 49% lower, notably in North America and the UK, primarily related to exposures in the oil and gas sector, and were also lower in France and Spain. In Asia, lower LICs in Singapore and mainland China were largely offset by higher LICs in Hong Kong, across various sectors. Adjusted operating expenses were $0.2bn or 3% higher. This reflected our continued investment in Global Standards and digital capabilities, as well as inflation. This was partly offset by a reduction from our cost-saving initiatives. Adjusted RWAs increased by 5% to $301bn reflecting growth in lending, mainly in Asia and Europe, in part funded through management initiatives which reduced RWAs by $14 bn. 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Global Trade and Receivables Finance 1,817 1,838 2,039 (21 ) (1 )% Credit and Lending 5,061 5,009 4,934 52 1 % Global Liquidity and Cash Management 4,783 4,247 4,077 536 13 % Markets products, Insurance and Investments and Other 8 1,562 1,525 1,457 37 2 % Year ended 31 Dec 13,223 12,619 12,507 604 5 % Adjusted RoRWA (%) 7 2.3 2.1 1.9 Ñ For footnotes, see page 85 . Change in adjusted profit before tax +15% * Analysis relates to corporate client income which includes total income from GB&M synergy products, including Foreign Exchange and Debt Capital Markets. This measure differs from reported revenue in that it excludes Business Banking and Other and internal cost of funds. HSBC Holdings plc 19 Global Banking and Markets (‘GB&M’) GB&M serves approximately 4,100 clients in more than 50 countries and territories. It supports major government, corporate and institutional clients worldwide. Our product specialists continue to deliver a comprehensive range of transaction banking, financing, advisory, capital markets and risk management services. Key events – The first foreign bank with a majority-owned securities joint venture in China, Qianhai Securities Limited, which will allow us to provide GB&M and CMB clients with a broad spectrum of investment banking and markets services in China. – Issued the world’s first corporate sustainable development bond. Financial performance Adjusted profit before tax of $5.8bn was $0.3bn or 5% higher, reflecting a strong revenue performance, partly offset by higher operating expenses, while achieving positive adjusted jaws of 1.3% . Adjusted revenue of $15.1bn was $0.4bn or 3% higher, with growth in all of our businesses. The increase included a net adverse movement of $0.2bn on credit and funding valuation adjustments. Excluding these movements, adjusted revenue increased by $0.6bn or 4% . The increase in revenue primarily reflected the following: – Revenue growth in all of our transaction banking products, notably GLCM (up $0.3bn ) and Securities Services (up $0.2bn ). These increases reflected continued momentum as we won and retained client mandates, and benefited from higher interest rates, particularly in Asia and the US. – Global Markets revenue was resilient (up $33m ), despite lower volatility in 2017, compared with more robust trading conditions in 2016. In Equities revenue increased by $0.3bn , as we continued to capture market share from Prime Financing products. This was largely offset by Fixed Income, Currencies and Commodities, where revenue decreased by $0.2bn , reflecting subdued trading conditions. – Global Banking revenue was marginally higher than 2016 (up $16m ), reflecting growth in lending balances and continued momentum in investment banking products, which broadly offset the effects of tightening spreads on lending in Asia. Adjusted LICs of $0.5bn were broadly unchanged from the prior year. LICs in 2017 related to two large corporate exposures in Europe, compared with 2016, which included a small number of individually assessed LICs, notably on exposures in the oil and gas, and mining sectors in the US. Adjusted operating expenses increased by $0.1bn or 1% , reflecting higher performance-related pay, pension and severance costs. Our continued cost management and efficiency improvements, and saves from technology investments, broadly offset the effects of inflation. We have exceeded the RWA reduction target set in our Investor Update in June 2015, with a cumulative reduction in RWAs from management initiatives of $128 bn. This includes a further RWA reduction of $32 bn in 2017. Our adjusted RoRWA improved to 1.9% from 1.7% in 2016. 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Global Markets 6,689 6,656 6,010 33 — % Foreign Exchange 2,568 2,764 2,658 (196 ) (7 )% Rates 1,970 2,120 1,404 (150 ) (7 )% Credit 900 781 606 119 15 % – FICC 5,438 5,665 4,668 (227 ) (4 )% – Equities 1,251 991 1,342 260 26 % Global Banking 3,807 3,791 3,757 16 — % Global Liquidity and Cash Management 2,197 1,885 1,744 312 17 % Securities Services 1,746 1,561 1,600 185 12 % Global Trade and Receivables Finance 700 689 682 11 2 % Principal Investments 318 226 226 92 41 % Credit and funding valuation adjustments 9 (262 ) (51 ) 186 (211 ) (414 )% Other 10 (104 ) (42 ) 73 (62 ) (148 )% Year ended 31 Dec 15,091 14,715 14,278 376 3 % Adjusted RoRWA (%) 7 1.9 1.7 1.5 Ñ For footnotes, see page 85 . Change in adjusted profit before tax +5% 20 HSBC Holdings plc Global Private Banking (‘GPB’) GPB serves high net worth individuals and families, including those with international banking needs. We provide a full range of private banking services, including Investment Management, which includes advisory and brokerage services, and Private Wealth Solutions, which comprises trusts and estate planning, to protect and preserve wealth for future generations. Key events – Net new money inflows of $15bn in key markets targeted for growth, especially in Hong Kong. – Significant progress made with repositioning, with outflows of over $15b n in 2017. – Positive momentum with significant growth in discretionary and advisory mandates in 2017. Financial performance Adjusted profit before tax of $296m was $24m or 9% higher as a reduction in operating expenses was partly offset by lower revenue. We achieved positive adjusted jaws of 3.2% . Adjusted revenue of $1.7bn was $45m or 3% lower, reflecting the continued impact of client repositioning. Revenue from the markets that we have targeted for growth increased by 10% . This was mainly in Hong Kong, due to growth in investment revenue reflecting increased client activity, and higher deposit income from wider spreads. Adjusted LICs of $16m in 2017 primarily related to a single client in the UK. Adjusted operating expenses of $1.4bn were $85m or 6% lower, mainly as a result of a managed reduction in FTEs and the impact of our cost-saving initiatives. 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Investment revenue 693 733 902 (40 ) (5 )% Lending 387 411 411 (24 ) (6 )% Deposit 401 342 354 59 17 % Other 222 262 299 (40 ) (15 )% Year ended 31 Dec 1,703 1,748 1,966 (45 ) (3 )% Adjusted RoRWA (%) 7 1.8 1.6 2.1 Ñ For footnotes, see page 85 . Change in adjusted profit before tax +9% Corporate Centre Corporate Centre comprises Central Treasury, including Balance Sheet Management (‘BSM’), our legacy businesses, interests in our associates and joint ventures, central stewardship costs and the UK bank levy. Financial performance Adjusted profit before tax of $1.7bn was $0.4bn or 17% lower, reflecting lower revenue and higher operating expenses, partly offset by a fall in LICs. Adjusted revenue fell by $0.4bn or 27% , mainly due to a decrease of $0.7bn related to the US run-off portfolio with respect to the disposal of the remaining loan portfolio during 2017. In Central Treasury revenue also decreased (down $0.1bn ), due to: – higher interest on our debt (up $0.3 bn), mainly from higher costs of debt issued to meet regulatory requirements; and – a reduction in revenue in BSM (down $0.3 bn) reflecting lower yield rates and increased utilisation of the Group’s surplus liquidity by the global businesses; partly offset by: – favourable fair value movements relating to the economic hedging of interest and exchange rate risk on our long-term debt with long-term derivatives of $0.1 bn, compared with adverse movements of $0.3 bn in 2016. Other income increased by $0.4 bn, which included revaluation gains on investment properties. Net loan impairment releases of $182m compared with adjusted LICs of $22m in 2016. This reflected lower LICs in the US run-off portfolio, and higher net releases related to our legacy credit portfolio. Adjusted operating expenses of $2.1bn were $0.2bn or 8% higher due to investment in regulatory programmes and compliance, partly offset by lower US run-off portfolio costs. Adjusted income from associates rose by $55m or 2% . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Central Treasury 11 1,340 1,454 1,760 (114 ) (8 )% Legacy portfolios 8 724 1,233 (716 ) (99 )% – US run-off portfolio 40 692 1,165 (652 ) (94 )% – Legacy credit (32 ) 32 68 (64 ) (200 )% Other 12 (128 ) (512 ) (160 ) 384 (75 )% Year ended 31 Dec 1,220 1,666 2,833 (446 ) (27 )% Ñ For footnotes, see page 85 . HSBC Holdings plc 21 Remuneration for our executive Directors Our remuneration policy for executive Directors was approved in our 2016 Annual General Meeting (‘AGM’) and is intended to apply for three performance years until the AGM in 2019. Full details of our remuneration policy can be found online in our Directors’ Remuneration Policy Supplement 2017. The table below shows the amount our executive Directors earned in 2017. Ñ For details of Directors’ pay and performance for 2017, see the Directors’ Remuneration Report on page 186 . (Audited) (in £000) Base salary Fixed pay allowance Cash in lieu of pension Annual incentive LTI 1 Sub-total Taxable benefits Non-taxable benefits Notional returns Total Douglas Flint 2 2017 1,125 — 338 — — 1,463 83 64 — 1,610 2016 1,500 — 450 — — 1,950 100 86 — 2,136 Stuart Gulliver 3 2017 1,250 1,700 375 2,127 — 5,452 500 71 63 6,086 2016 1,250 1,700 375 1,695 — 5,020 557 71 27 5,675 Iain Mackay 2017 700 950 210 1,334 — 3,194 64 37 42 3,337 2016 700 950 210 987 — 2,847 52 37 17 2,953 Marc Moses 2017 700 950 210 1,358 — 3,218 16 38 42 3,314 2016 700 950 210 1,005 — 2,865 15 38 18 2,936 1. The first LTI award was made in February 2017, with a performance period ending in 2019. Vesting of the first LTI award will be included in the single figure table for the financial year ending on 31 December 2019. 2. Douglas Flint stepped down from the Board on 30 September 2017 and his remuneration reflects time served as an executive Director. Details on retirement arrangements are provided on page 196 . 3. To meet regulatory deferral requirements for 2017, 60% of the annual incentive award of Stuart Gulliver has been deferred in shares and will vest in five equal instalments between the third and seventh anniversary of the grant date. HSBC Holdings plc 31

Report of the Directors

Report of the Directors	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Strategic Report [Abstract]
Disclosure of audited information included in report of directors strategic report	Summary The Group Chief Executive and the rest of the Group Management Board (‘GMB’) review operating activity on a number of bases, including by global business and geographical region. Global businesses are our reportable segments under IFRS 8 ‘Operating segments’. Basis of preparation The Group Chief Executive, supported by the rest of the GMB, is considered the Chief Operating Decision Maker (‘CODM’) for the purposes of identifying the Group’s reportable segments. Analysis by global business is considered more prominent than the geographical region view in the way the CODM assesses performance and allocates resources. The global businesses are therefore considered our reportable segments under IFRS 8. Global business results are assessed by the CODM on the basis of adjusted performance that removes the effects of significant items and currency translation from reported results. We therefore present these results on an adjusted basis as required by IFRSs. The 2016 and 2015 adjusted performance information is presented on a constant currency basis as described on page 32. As required by IFRS 8, reconciliations of the total adjusted global business results to the Group reported results are presented on page 64. Supplementary reconciliations from reported to adjusted results by global business are presented on pages 67 to 69 for information purposes. Our operations are closely integrated and, accordingly, the presentation of data includes internal allocations of certain items of income and expense. These allocations include the costs of certain support services and global functions to the extent that they can be meaningfully attributed to operational business lines and geographical regions. While such allocations have been made on a systematic and consistent basis, they necessarily involve a degree of subjectivity. Costs which are not allocated to global businesses are included in the Corporate Centre. Where relevant, income and expense amounts presented include the results of inter-segment funding along with inter-company and inter-business line transactions. All such transactions are undertaken on arm’s length terms. The intra-Group elimination items for the global businesses are presented in the Corporate Centre. The expense of the UK bank levy is included in the Europe geographical region as HSBC regards the levy as a cost of being headquartered in the UK. For the purposes of the presentation by global business, the cost of the levy is included in the Corporate Centre. The results of geographical regions are presented on a reported basis. Geographical information is classified by the location of the principal operations of the subsidiary or, for The Hongkong and Shanghai Banking Corporation, HSBC Bank plc, HSBC Bank Middle East and HSBC Bank USA, by the location of the branch responsible for reporting the results or providing funding. A description of the global businesses is provided in the Strategic Report, pages 3 and 18 to 21 . Analysis of adjusted results by global business HSBC adjusted profit before tax and balance sheet data 2017 Retail Commercial Global Global Corporate Centre Total Footnotes $m $m $m $m $m $m Net interest income/(expense) 13,959 9,062 4,886 816 (439 ) 28,284 Net fee income/(expense) 5,156 3,518 3,489 704 (56 ) 12,811 Net trading income 31 453 539 5,995 170 807 7,964 Other income 33 719 104 721 13 908 2,465 Net operating income before loan impairment charges and other credit risk provisions 3 20,287 13,223 15,091 1,703 1,220 51,524 – external 17,040 13,383 16,378 1,438 3,285 51,524 – inter-segment 3,247 (160 ) (1,287 ) 265 (2,065 ) — Loan impairment (charges)/recoveries and other credit risk provisions (980 ) (496 ) (459 ) (16 ) 182 (1,769 ) Net operating income 19,307 12,727 14,632 1,687 1,402 49,755 Total operating expenses (12,847 ) (5,947 ) (8,858 ) (1,391 ) (2,097 ) (31,140 ) Operating profit/(loss) 6,460 6,780 5,774 296 (695 ) 18,615 Share of profit in associates and joint ventures 18 — — — 2,357 2,375 Adjusted profit before tax 6,478 6,780 5,774 296 1,662 20,990 % % % % % % Share of HSBC’s adjusted profit before tax 30.9 32.3 27.5 1.4 7.9 100.0 Adjusted cost efficiency ratio 63.3 45.0 58.7 81.7 171.9 60.4 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 346,148 316,533 252,474 40,326 7,483 962,964 Interests in associates and joint ventures 366 — — — 22,378 22,744 Total external assets 468,281 348,243 980,485 45,745 679,017 2,521,771 Customer accounts 639,592 362,908 283,943 66,512 11,507 1,364,462 Adjusted risk-weighted assets 34 121,466 300,995 299,272 16,036 130,848 868,617 HSBC adjusted profit before tax and balance sheet data (continued) 2016 Retail Banking Commercial Global Global Corporate Centre Total Footnotes $m $m $m $m $m $m Net interest income 12,919 8,491 4,798 801 1,170 28,179 Net fee income/(expense) 4,756 3,559 3,394 749 (63 ) 12,395 Net trading income 31 426 442 6,231 183 2,426 9,708 Other income/(expense) 33 441 127 292 15 (1,867 ) (992 ) Net operating income before loan impairment charges and other credit risk provisions 3 18,542 12,619 14,715 1,748 1,666 49,290 – external 16,052 12,641 17,412 1,487 1,698 49,290 – inter-segment 2,490 (22 ) (2,697 ) 261 (32 ) — Loan impairment charges and other credit risk provisions (1,142 ) (969 ) (461 ) — (22 ) (2,594 ) Net operating income 17,400 11,650 14,254 1,748 1,644 46,696 Total operating expenses (12,184 ) (5,746 ) (8,745 ) (1,476 ) (1,933 ) (30,084 ) Operating profit/(loss) 5,216 5,904 5,509 272 (289 ) 16,612 Share of profit in associates and joint ventures 20 — — — 2,302 2,322 Adjusted profit before tax 5,236 5,904 5,509 272 2,013 18,934 % % % % % % Share of HSBC’s adjusted profit before tax 27.7 31.2 29.1 1.4 10.6 100.0 Adjusted cost efficiency ratio 65.7 45.5 59.4 84.4 116.0 61.0 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 323,986 294,952 237,655 36,972 12,494 906,059 Interests in associates and joint ventures 394 — — — 20,340 20,734 Total external assets 435,839 320,173 981,893 43,234 708,320 2,489,459 Customer accounts 611,846 356,885 272,159 72,730 15,037 1,328,657 Adjusted risk-weighted assets 34 114,683 286,912 307,736 15,649 153,324 878,304 2015 Net interest income 12,299 8,287 4,422 819 2,167 27,994 Net fee income/(expense) 5,446 3,672 3,514 939 (121 ) 13,450 Net trading income 31 427 460 5,960 206 721 7,774 Other income 33 666 88 382 2 66 1,204 Net operating income before loan impairment charges and other credit risk provisions 3 18,838 12,507 14,278 1,966 2,833 50,422 – external 16,451 12,585 16,633 1,689 3,064 50,422 – inter-segment 2,387 (78 ) (2,355 ) 277 (231 ) — Loan impairment charges and other credit risk provisions (1,023 ) (1,447 ) (71 ) (11 ) (27 ) (2,579 ) Net operating income 17,815 11,060 14,207 1,955 2,806 47,843 Total operating expenses (12,332 ) (5,826 ) (8,903 ) (1,582 ) (2,814 ) (31,457 ) Operating profit/(loss) 5,483 5,234 5,304 373 (8 ) 16,386 Share of profit/(loss) in associates and joint ventures 23 — (1 ) — 2,387 2,409 Adjusted profit before tax 5,506 5,234 5,303 373 2,379 18,795 % % % % % % Share of HSBC’s adjusted profit before tax 29.3 27.8 28.2 2.0 12.7 100.0 Adjusted cost efficiency ratio 65.5 46.6 62.4 80.5 99.3 62.4 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 313,927 281,826 243,662 42,592 23,690 905,697 Interests in associates and joint ventures 391 — — — 18,673 19,064 Total external assets 422,322 309,266 886,750 51,190 651,847 2,321,378 Customer accounts 569,183 341,717 256,374 80,442 13,956 1,261,672 Adjusted risk-weighted assets 34 116,047 282,149 318,818 17,661 313,100 1,047,775 For footnotes, see page 85 . Reconciliation of reported and adjusted items (Audited) Adjusted results reconciliation 2017 2016 2015 Adjusted Significant items Reported Adjusted Currency translation Significant items Reported Adjusted Currency translation Significant items Reported Footnote $m $m $m $m $m $m $m $m $m $m $m Revenue 3 51,524 (79 ) 51,445 49,290 736 (2,060 ) 47,966 50,422 3,727 5,651 59,800 LICs (1,769 ) — (1,769 ) (2,594 ) 61 (867 ) (3,400 ) (2,579 ) (127 ) (1,015 ) (3,721 ) Operating expenses (31,140 ) (3,744 ) (34,884 ) (30,084 ) (331 ) (9,393 ) (39,808 ) (31,457 ) (2,434 ) (5,877 ) (39,768 ) Share of profit in associates and joint ventures 2,375 — 2,375 2,322 33 (1 ) 2,354 2,409 149 (2 ) 2,556 Profit/(loss) before tax 20,990 (3,823 ) 17,167 18,934 499 (12,321 ) 7,112 18,795 1,315 (1,243 ) 18,867 Adjusted balance sheet reconciliation 2017 2016 2015 Reported and Adjusted Adjusted Currency translation Reported Adjusted Currency translation Brazil operations 1 Reported $m $m $m $m $m $m $m $m Loans and advances to customers (net) 962,964 906,059 (44,555 ) 861,504 905,697 18,757 — 924,454 Interests in associates and joint ventures 22,744 20,734 (705 ) 20,029 19,064 75 — 19,139 Total external assets 2,521,771 2,489,459 (114,473 ) 2,374,986 2,321,378 39,164 49,114 2,409,656 Customer accounts 1,364,462 1,328,657 (56,271 ) 1,272,386 1,261,672 27,914 — 1,289,586 1 Includes effects of foreign currency translation. Adjusted profit reconciliation 2017 2016 2015 Footnotes $m $m $m For the year ended 31 Dec Adjusted profit before tax 20,990 18,934 18,795 Significant items (3,823 ) (12,321 ) (1,243 ) – customer redress programmes (revenue) (108 ) 2 (10 ) – DVA on derivative contracts (373 ) 26 230 – fair value movements on non-qualifying hedges 32 128 (687 ) (327 ) – gain on disposal of our investment in Vietnam Technological and Commercial Joint Stock Bank 126 — — – gain on disposal of our membership interest in Visa – Europe — 584 — – gain on disposal of our membership interest in Visa – US 308 116 — – gain on the partial sale of shareholding in Industrial Bank — — 1,372 – gain/(loss) and trading results from disposed-of operations in Brazil 19 (2,081 ) (13 ) – investment in new businesses (99 ) — — – other acquisitions, disposals and dilutions 78 — — – own credit spread 25 — (1,792 ) 1,002 – portfolio disposals (158 ) (163 ) (214 ) – costs associated with portfolio disposals (53 ) (28 ) — – costs associated with the UK’s exit from the EU (28 ) — — – costs to achieve (3,002 ) (3,118 ) (908 ) – costs to establish UK ring-fenced bank (392 ) (223 ) (89 ) – customer redress programmes (operating expenses) (655 ) (559 ) (541 ) – gain on partial settlement of pension obligation 188 — — – impairment of GPB – Europe goodwill — (3,240 ) — – regulatory provisions in GPB (164 ) (344 ) (172 ) – restructuring and other related costs — — (117 ) – settlements and provisions in connection with legal matters 362 (681 ) (1,649 ) – currency translation on significant items (133 ) 193 Currency translation 499 1,315 Reported profit before tax 17,167 7,112 18,867 For footnotes, see page 85 .

Report Of The Directors Financi

Report Of The Directors Financial Review Risk Report	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Financial Review Risk Report [Abstract]
Disclosure of audited information included in report of the directors risk report	Credit risk management Details of changes in our credit risk profile in 2017 can be found on page 121 , in ‘Key developments and risk profile in 2017’ . There were no material changes to the policies and practices for the management of credit risk in 2017. Credit risk sub-function (Audited) Credit approval authorities are delegated by the Board to the Group Chief Executive together with the authority to sub-delegate them. The Credit Risk sub-function in Global Risk is responsible for the key policies and processes for managing credit risk, which include formulating Group credit policies and risk rating frameworks, guiding the Group’s appetite for credit risk exposures, undertaking independent reviews and objective assessment of credit risk, and monitoring performance and management of portfolios. The principal objectives of our credit risk management are: • to maintain across HSBC a strong culture of responsible lending, and robust risk policies and control frameworks; • to both partner and challenge our businesses in defining, implementing and continually re-evaluating our risk appetite under actual and scenario conditions; and • to ensure there is independent, expert scrutiny of credit risks, their costs and their mitigation. Concentration of exposure (Audited) Concentrations of credit risk arise when a number of counterparties or exposures have comparable economic characteristics, or such counterparties are engaged in similar activities or operate in the same geographical areas or industry sectors so that their collective ability to meet contractual obligations is uniformly affected by changes in economic, political or other conditions. We use a number of controls and measures to minimise undue concentration of exposure in our portfolios across industries, countries and global businesses. These include portfolio and counterparty limits, approval and review controls, and stress testing. Credit quality of financial instruments (Audited) Our risk rating system facilitates the internal ratings-based approach under the Basel framework adopted by the Group to support calculation of our minimum credit regulatory capital requirement. The customer risk rating (‘CRR’) 10-grade scale summarises a more granular underlying 23-grade scale of obligor probability of default (‘PD’). All corporate customers are rated using the 10- or 23-grade scale, depending on the degree of sophistication of the Basel II approach adopted for the exposure. Each CRR band is associated with an external rating grade by reference to long-run default rates for that grade, represented by the average of issuer-weighted historical default rates. This mapping between internal and external ratings is indicative and may vary over time. The expected loss (‘EL’) 10-grade scale for retail business summarises a more granular underlying EL scale for this customer segment. This combines obligor and facility/product risk factors in a composite measure. For the five credit quality classifications defined, each encompasses a range of granular internal credit rating grades assigned to wholesale and retail lending businesses, and the external ratings attributed by external agencies to debt securities. For debt securities and certain other financial instruments, external ratings have been aligned to the five quality classifications based upon the mapping of related CRR to external credit rating. Credit quality classification Sovereign debt securities and bills Other debt securities and bills Wholesale lending and derivatives Retail lending Footnotes External credit rating External credit rating Internal credit rating 12-month probability of default % Internal credit rating Expected loss % Quality classification Strong 1, 2 BBB and above A- and above CRR 1 to CRR 2 0 – 0.169 EL 1 to EL 2 0 – 0.999 Good BBB- to BB BBB+ to BBB- CRR 3 0.170 – 0.740 EL 3 1.000 – 4.999 Satisfactory BB- to B and unrated BB+ to B and unrated CRR 4 to CRR 5 0.741 – 4.914 EL 4 to EL 5 5.000 – 19.999 Sub-standard B- to C B- to C CRR 6 to CRR 8 4.915 – 99.999 EL 6 to EL 8 20.000 – 99.999 Impaired 3 Default Default CRR 9 to CRR 10 100 EL 9 to EL 10 100+ or defaulted 1 Customer risk rating (‘CRR’). 2 Expected loss (‘EL’). 3 The EL percentage is derived through a combination of probability of default (‘PD’) and loss given default (‘LGD’), and may exceed 100% in circumstances where the LGD is above 100% reflecting the cost of recoveries. Quality classification definitions • ‘Strong’ exposures demonstrate a strong capacity to meet financial commitments, with negligible or low probability of default and/or low levels of expected loss. • ‘Good’ exposures require closer monitoring and demonstrate a good capacity to meet financial commitments, with low default risk. • ‘Satisfactory’ exposures require closer monitoring and demonstrate an average-to-fair capacity to meet financial commitments, with moderate default risk. • ‘Sub-standard’ exposures require varying degrees of special attention and default risk is of greater concern. • ‘Impaired’ exposures have been assessed as impaired, as described on page 126. These also include retail accounts classified as EL 1 to EL 8 that are delinquent by more than 90 days, unless individually they have been assessed as not impaired, and renegotiated loans that have met the requirements to be disclosed as impaired and have not yet met the criteria to be returned to the unimpaired portfolio (see following page ) . Renegotiated loans and forbearance (Audited) ‘Forbearance’ describes concessions made on the contractual terms of a loan in response to an obligor’s financial difficulties. A loan is classed as ‘renegotiated’ when we modify the contractual payment terms, on concessionary terms, because we have significant concerns about the borrowers’ ability to meet contractual payments when due. Non-payment related concessions (e.g. covenant waivers), while potential indicators of impairment, do not trigger identification as renegotiated loans. Loans that have been identified as renegotiated retain this designation until maturity or derecognition. A loan that is renegotiated is derecognised if the existing agreement is cancelled and a new agreement is made on substantially different terms, or if the terms of an existing agreement are modified such that the renegotiated loan is substantially a different financial instrument. Loans arising as a result of derecognition events will continue to be disclosed as renegotiated loans. Renegotiated loans and recognition of impairment allowances (Audited) For retail lending, renegotiated loans are segregated from other parts of the loan portfolio for collective impairment assessment to reflect the higher rates of losses typically encountered with renegotiated loans. For wholesale lending, renegotiated loans are typically assessed individually. Credit risk ratings are intrinsic to the impairment assessments. The individual impairment assessment takes into account the higher risk of the non-payment of future cash flows inherent in renegotiated loans. Impairment assessment (Audited) For details of our impairment policies on loans and advances and financial investments, see Note 1.2(d) on the Financial Statements. Write-off of loans and advances (Audited) For details of our policy on the write-off of loans and advances, see Note 1.2(d) on the Financial Statements. Unsecured personal facilities, including credit cards, are generally written off at between 150 and 210 days past due. The standard period runs until the end of the month in which the account becomes 180 days contractually delinquent. Write-off periods may be extended, generally to no more than 360 days past due. However, in exceptional circumstances, they may be extended further. For example, in a few countries where local regulation or legislation constrain earlier write-off, or where the realisation of collateral for secured real estate lending takes more time. For secured personal facilities, final write-off should generally occur within 60 months of the default. In the event of bankruptcy or analogous proceedings, write-off may occur earlier than the maximum periods stated above. Collection procedures may continue after write-off. Impairment methodologies for available-for-sale asset-backed securities (‘ABSs’) (Audited) To identify objective evidence of impairment for available-for-sale ABSs, an industry standard valuation model is normally applied which uses data with reference to the underlying asset pools and models their projected future cash flows. The estimated future cash flows of the securities are assessed at the specific financial asset level to determine whether any of them are unlikely to be recovered as a result of loss events occurring on or before the reporting date. The principal assumptions and inputs to the models are typically the delinquency status of the underlying loans, the probability of delinquent loans progressing to default, the prepayment profiles of the underlying assets and the loss severity in the event of default. However, the models utilise other variables relevant to specific classes of collateral to forecast future defaults and recovery rates. Management uses externally available data and applies judgement when determining the appropriate assumptions in respect of these factors. We use a modelling approach which incorporates historically observed progression rates to default to determine if the decline in aggregate projected cash flows from the underlying collateral will lead to a shortfall in contractual cash flows. In such cases, the security is considered to be impaired. In respect of collateralised debt obligations (‘CDOs’), expected future cash flows for the underlying collateral are assessed to determine whether there is likely to be a shortfall in the contractual cash flows of the CDO. When a security benefits from a contract provided by a monoline insurer that insures payments of principal and interest, the expected recovery on the contract is assessed in determining the total expected credit support available to the ABS. Value at risk (Audited) Value at risk (‘VaR’) is a technique for estimating potential losses on risk positions as a result of movements in market rates and prices over a specified time horizon and to a given level of confidence. The use of VaR is integrated into market risk management and calculated for all trading positions regardless of how we capitalise them. Where there is not an approved internal model, we use the appropriate local rules to capitalise exposures. In addition, we calculate VaR for non-trading portfolios to have a complete picture of risk. Where we do not calculate VaR explicitly, we use alternative tools as summarised in the ‘Stress testing’ section below. Our models are predominantly based on historical simulation that incorporates the following features: • historical market rates and prices are calculated with reference to foreign exchange rates, commodity prices, interest rates, equity prices and the associated volatilities; • potential market movements utilised for VaR are calculated with reference to data from the past two years; and • VaR measures are calculated to a 99% confidence level and use a one-day holding period. The models also incorporate the effect of option features on the underlying exposures. The nature of the VaR models means that an increase in observed market volatility will lead to an increase in VaR without any changes in the underlying positions. VaR model limitations Although a valuable guide to risk, VaR should always be viewed in the context of its limitations. For example: • use of historical data as a proxy for estimating future events may not encompass all potential events, particularly extreme ones; • the use of a holding period assumes that all positions can be liquidated or the risks offset during that period, which may not fully reflect the market risk arising at times of severe illiquidity, when the holding period may be insufficient to liquidate or hedge all positions fully; • the use of a 99% confidence level does not take into account losses that might occur beyond this level of confidence; and • VaR is calculated on the basis of exposures outstanding at the close of business and therefore does not necessarily reflect intra-day exposures. Risk not in VaR framework The risks not in VaR (‘RNIV’) framework aims to capture and capitalise material market risks that are not adequately covered in the VaR model, such as the LIBOR tenor basis. Risk factors are reviewed on a regular basis and either incorporated directly in the VaR models, where possible, or quantified through the VaR-based RNIV approach or a stress test approach within the RNIV framework. The outcome of the VaR-based RNIV is included in the VaR calculation and back-testing; a stressed VaR RNIV is also computed for the risk factors considered in the VaR-based RNIV approach. Stress-type RNIVs include a gap risk exposure measure to capture risk on non-recourse margin loans and a de-peg risk measure to capture risk to pegged and heavily-managed currencies. Stress testing Stress testing is an important procedure that is integrated into our market risk management framework to evaluate the potential impact on portfolio values of more extreme, although plausible, events or movements in a set of financial variables. In such scenarios, losses can be much greater than those predicted by VaR modelling. Stress testing is implemented at legal entity, regional and overall Group levels. A set of scenarios is used consistently across all regions within the Group. Scenarios are tailored to capture the relevant potential events or market movements at each level. The risk appetite around potential stress losses for the Group is set and monitored against referral limits. Market risk reverse stress tests are undertaken on the premise that there is a fixed loss. The stress testing process identifies which scenarios lead to this loss. The rationale behind the reverse stress test is to understand scenarios that are beyond normal business settings and could have contagion and systemic implications. Stressed VaR and stress testing, together with reverse stress testing and the management of gap risk, provide management with insights regarding the ‘tail risk’ beyond VaR, for which HSBC’s appetite is limited. Market risk governance (Audited) Market risk is managed and controlled through limits approved by the RMM for HSBC Holdings. These limits are allocated across business lines and to the Group’s legal entities. B&M manages market risk, where the majority of HSBC’s total value at risk (excluding insurance) and almost all trading VaR resides, using risk limits approved by the GMB. VaR limits are set for portfolios, products and risk types, with market liquidity being a primary factor in determining the level of limits set. Global Risk is responsible for setting market risk management policies and measurement techniques. Each major operating entity has an independent market risk management and control sub-function which is responsible for measuring market risk exposures, monitoring and reporting these exposures against the prescribed limits on a daily basis. The market risk limits are governed according to the framework illustrated to the left. Each operating entity is required to assess the market risks arising on each product in its business and to transfer them to either its local GB&M unit for management, or to separate books managed under the supervision of the local ALCO. Model risk is governed through Model Oversight Committees (‘MOCs’) at the regional and global Wholesale Credit and Market Risk levels. They have direct oversight and approval responsibility for all traded risk models utilised for risk measurement and management and stress testing. We are committed to the ongoing development of our in-house risk models. The Markets MOC reports into the Group MOC, which oversees all model risk types at Group level. The Group MOC informs the RMM about material issues at least two times a year. The RMM is the Group’s ‘Designated Committee’ according to regulatory rules and has delegated day-to-day governance of all traded risk models to the Markets MOC. Global Risk enforces trading in permissible instruments approved for each site, new product approval procedures, restricting trading in the more complex derivative products only to offices with appropriate levels of product expertise and robust control systems. General HSBC Holdings Board GB&M manages market risk, where the majority of HSBC’s total value at risk (excluding insurance) and almost all trading VaR resides, using risk limits approved by the RMM. VaR limits are set for portfolios, products and risk types, with market liquidity being a primary factor in determining the level of limits set. Global Risk is responsible for setting market risk management policies and measurement techniques. Each major operating entity has an independent market risk management and control sub-function which is responsible for measuring market risk exposures, monitoring and reporting these exposures against the prescribed limits on a daily basis. The market risk limits are governed according to the framework illustrated to the left. Each operating entity is required to assess the market risks arising on each product in its business and to transfer them to either its local GB&M unit for management, or to separate books managed under the supervision of the local ALCO. Model risk is governed through Model Oversight Committees (‘MOCs’) at the regional and global Wholesale Credit and Market Risk levels. They have direct oversight and approval responsibility for all traded risk models used for risk measurement and management and stress testing. We are committed to the ongoing development of our in-house risk models. The Markets MOC reports into the Group MOC, which oversees all model risk types at Group level. The Group MOC informs the RMM about material issues at least two times a year. The RMM is the Group’s ‘Designated Committee’ according to regulatory rules and has delegated day-to-day governance of all traded risk models to the Markets MOC. Global Risk enforces trading in permissible instruments approved for each site, new product approval procedures, restricting trading in the more complex derivative products only to offices with appropriate levels of product expertise and robust control systems. q Group Chairman/ q Risk Management Meeting of the GMB q Group traded risk q Specific Entity risk management committee q Principal office manager q Business/desk/trader Insurance manufacturing operations risk management Details of changes in our insurance manufacturing operations risk profile in 2017 can be found on page 156 , under ‘Insurance manufacturing operations risk profile’. There were no material changes to our policies and practices for the management of risks arising in our insurance manufacturing operations in 2017. Governance (Audited) Insurance risks are managed to a defined risk appetite, which is aligned to the Group’s risk appetite and risk management framework, including its three lines of defence model. For details of the Group’s governance framework, see page 106 . The Global Insurance Risk Management Meeting oversees the control framework globally and is accountable to the RBWM Risk Management Meeting on risk matters relating to the insurance business. The monitoring of the risks within our insurance operations is carried out by insurance risk teams. Specific risk functions, including Wholesale Credit & Market Risk, Operational Risk, Information Security Risk and Financial Crime Risk and Regulatory Compliance support Insurance Risk teams in their respective areas of expertise. Stress and scenario testing (Audited) Stress testing forms a key part of the risk management framework for the insurance business. We participate in local and Group-wide regulatory stress tests, including the Bank of England stress test of the banking system, the Hong Kong Monetary Authority stress test, the European Insurance and Occupational Pensions Authority stress test, and individual country insurance regulatory stress tests. These have highlighted that a key risk scenario for the insurance business is a prolonged low interest rate environment. In order to mitigate the impact of this scenario, the insurance operations have taken a number of actions including repricing some products to reflect lower interest rates, launching less capital intensive products, investing in more capital efficient assets and developing investment strategies to optimise the expected returns against the cost of economic capital. Management and mitigation of key risk types Market risk (Audited) All our insurance manufacturing subsidiaries have market risk mandates which specify the investment instruments in which they are permitted to invest and the maximum quantum of market risk which they may retain. They manage market risk by using, among others, some or all of the techniques listed below, depending on the nature of the contracts written: • For products with discretionary participating features (‘DPF’), adjusting bonus rates to manage the liabilities to policyholders. The effect is that a significant portion of the market risk is borne by the policyholder. • Asset and liability matching where asset portfolios are structured to support projected liability cash flows. The Group manages its assets using an approach that considers asset quality, diversification, cash flow matching, liquidity, volatility and target investment return. It is not always possible to match asset and liability durations, due to uncertainty over the receipt of all future premiums and the timing of claims; and because the forecast payment dates of liabilities may exceed the duration of the longest dated investments available. We use models to assess the effect of a range of future scenarios on the values of financial assets and associated liabilities, and ALCOs employ the outcomes in determining how best to structure asset holdings to support liabilities. • Using derivatives to protect against adverse market movements or better match liability cash flows. • For new products with investment guarantees, considering the cost when determining the level of premiums or the price structure. • Periodically reviewing products identified as higher risk, which contain investment guarantees and embedded optionality features linked to savings and investment products, for active management. • Designing new products to mitigate market risk, such as changing the investment return sharing portion between policyholders and the shareholder. • Exiting, to the extent possible, investment portfolios whose risk is considered unacceptable. • Repricing premiums charged to policyholders. Credit risk (Audited) Our insurance manufacturing subsidiaries are responsible for the credit risk, quality and performance of their investment portfolios. Our assessment of the creditworthiness of issuers and counterparties is based primarily upon internationally recognised credit ratings and other publicly available information. Investment credit exposures are monitored against limits by our insurance manufacturing subsidiaries, and are aggregated and reported to the Group Insurance Credit Risk and Group Credit Risk functions. Stress testing is performed on investment credit exposures using credit spread sensitivities and default probabilities. We use tools to manage and monitor credit risk. These include a credit report containing a watch-list of investments with current credit concerns, primarily investments that may be at risk of future impairment or where high concentrations to counterparties are present in the investment portfolio. The report is circulated monthly to senior management in Group Insurance and individual country chief risk officers to identify investments that may be at risk of future impairment. Liquidity risk (Audited) Risk is managed by cash flow matching and maintaining sufficient cash resources, investing in high credit-quality investments with deep and liquid markets, monitoring investment concentrations and restricting them where appropriate, and establishing committed contingency borrowing facilities. Insurance manufacturing subsidiaries are required to complete quarterly liquidity risk reports for the Group Insurance Risk function and an annual review of the liquidity risks to which they are exposed. Credit exposure Maximum exposure to credit risk (Audited) The table that follows provides information on balance sheet items, offsets, and loan and other credit-related commitments. Commentary on consolidated balance sheet movements in 2017 is provided on page 48 . The offset on derivatives remains in line with the movements in maximum exposure amounts. Maximum exposure to credit risk (Audited) 2017 2016 Maximum Offset Net Maximum Offset Net $m $m $m $m $m $m Derivatives 219,818 (204,829 ) 14,989 290,872 (262,233 ) 28,639 Loans and advances to customers held at amortised cost 962,964 (35,414 ) 927,550 861,504 (33,657 ) 827,847 – personal 374,762 (2,946 ) 371,816 337,826 (3,629 ) 334,197 – corporate and commercial 516,754 (29,459 ) 487,295 460,209 (27,686 ) 432,523 – non-bank financial institutions 71,448 (3,009 ) 68,439 63,469 (2,342 ) 61,127 Loans and advances to banks held at amortised cost 90,393 (273 ) 90,120 88,126 (248 ) 87,878 Reverse repurchase agreements – non-trading 201,553 (3,724 ) 197,829 160,974 (4,764 ) 156,210 Total balance sheet exposure to credit risk 2,305,592 (244,240 ) 2,061,352 2,204,751 (300,902 ) 1,903,849 Total off-balance sheet 723,917 — 723,917 692,915 — 692,915 – financial guarantees and similar contracts 38,328 — 38,328 37,072 — 37,072 – loan and other credit-related commitments 685,589 — 685,589 655,843 — 655,843 At 31 Dec 3,029,509 (244,240 ) 2,785,269 2,897,666 (300,902 ) 2,596,764 Credit quality of financial instruments (Audited) We assess the credit quality of all financial instruments that are subject to credit risk. Additional credit quality information in respect of our consolidated holdings of ABSs is provided on page 140 . For the purpose of the following disclosure, loans past due up to 90 days and not otherwise classified as impaired are separately classified as past due but not impaired, irrespective of their credit quality grade. Trading assets, financial assets designated at fair value and financial investments exclude equity securities as they are not subject to credit risk. Distribution of financial instruments by credit quality (Audited) Neither past due nor impaired Past due Impaired Total Impairment Total Strong Good Satisfactory Sub- $m $m $m $m $m $m $m $m $m Cash and balances at central banks 179,155 1,043 407 19 180,624 180,624 Items in the course of collection from other banks 6,322 29 273 4 6,628 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — 34,186 34,186 Trading assets 137,983 22,365 26,438 1,949 188,735 188,735 – treasury and other eligible bills 15,412 531 491 1,098 17,532 17,532 – debt securities 84,493 9,517 12,978 498 107,486 107,486 – loans and advances to banks 15,496 5,778 4,757 26 26,057 26,057 – loans and advances to customers 22,582 6,539 8,212 327 37,660 37,660 Financial assets designated at fair value 3,378 269 1,029 28 4,704 4,704 Derivatives 181,195 31,827 5,874 922 219,818 219,818 Loans and advances to customers held at amortised cost 503,759 222,343 204,162 16,114 8,600 15,470 970,448 (7,484 ) 962,964 – personal 324,960 26,612 14,549 780 4,658 4,922 376,481 (1,719 ) 374,762 – corporate and commercial 140,382 176,745 176,661 14,784 3,422 10,254 522,248 (5,494 ) 516,754 – non-bank financial institutions 38,417 18,986 12,952 550 520 294 71,719 (271 ) 71,448 Loans and advances to banks held at amortised cost 77,175 9,026 4,144 39 9 — 90,393 — 90,393 Reverse repurchase agreements – non-trading 143,154 32,321 25,636 442 — — 201,553 — 201,553 Financial investments 356,065 10,463 15,017 2,886 — 728 385,159 385,159 Other assets 12,714 6,526 10,705 681 107 143 30,876 (48 ) 30,828 – endorsements and acceptances 1,430 4,636 3,455 183 15 31 9,750 9,750 – accrued income and other 11,175 1,837 7,124 361 91 56 20,644 20,644 – assets held for sale 109 53 126 137 1 56 482 (48 ) 434 At 31 Dec 2017 1,635,086 336,212 293,685 23,084 8,716 16,341 2,313,124 (7,532 ) 2,305,592 % % % % % % % Percentage of total gross amount 70.7 14.5 12.7 1.0 0.4 0.7 100.0 Distribution of financial instruments by credit quality (continued) Neither past due nor impaired Past due but not impaired Impaired Total gross amount Impairment allowances Total Strong Good Satisfactory Sub- standard $m $m $m $m $m $m $m $m $m Cash and balances at central banks 126,838 711 444 16 128,009 128,009 Items in the course of collection from other banks 4,656 14 329 4 5,003 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — 31,228 31,228 Trading assets 127,997 20,345 21,947 1,232 171,521 171,521 – treasury and other eligible bills 13,595 672 138 46 14,451 14,451 – debt securities 73,171 7,746 12,741 396 94,054 94,054 – loans and advances to banks 15,356 6,119 3,250 44 24,769 24,769 – loans and advances to customers 25,875 5,808 5,818 746 38,247 38,247 Financial assets designated at fair value 3,249 367 542 314 4,472 4,472 Derivatives 236,693 45,961 7,368 850 290,872 290,872 Loans and advances to customers 437,531 200,385 185,717 18,831 8,662 18,228 869,354 (7,850 ) 861,504 – personal 290,313 24,544 12,505 884 5,062 6,490 339,798 (1,972 ) 337,826 – corporate and commercial 111,848 158,878 163,107 17,504 3,128 11,362 465,827 (5,618 ) 460,209 – non-bank financial institutions 35,370 16,963 10,105 443 472 376 63,729 (260 ) 63,469 Loans and advances to banks held at amortised cost 73,516 8,238 6,293 73 6 — 88,126 — 88,126 Reverse repurchase agreements – non-trading 123,822 18,223 18,166 763 — — 160,974 — 160,974 Financial investments 401,010 13,579 13,570 2,940 — 1,031 432,130 432,130 Other assets 12,977 5,884 9,619 1,071 360 1,251 31,162 (250 ) 30,912 – endorsements and acceptances 1,160 3,688 3,125 474 35 92 8,574 8,574 – accrued income and other 10,043 1,660 6,102 331 89 129 18,354 18,354 – assets held for sale 1,774 536 392 266 236 1,030 4,234 (250 ) 3,984 At 31 Dec 2016 1,579,517 313,707 263,995 26,094 9,028 20,510 2,212,851 (8,100 ) 2,204,751 % % % % % % % Percentage of total gross amount 71.4 14.2 11.9 1.2 0.4 0.9 100.0 Past due but not impaired gross financial instruments (Audited) Past due but not impaired gross financial instruments are those loans where, although customers have failed to make payments in accordance with the contractual terms of their facilities, they have not met the impaired loan criteria described on page 126 . In North America, past due but not impaired balances decreased, mainly due to the final loan sales in our US CML run-off portfolio. Past due but not impaired balances are concentrated in the up to 29 days ageing bucket. Past due but not impaired gross financial instruments by geographical region (Audited) Europe Asia MENA North Latin Total $m $m $m $m $m $m At 31 Dec 2017 1,324 3,892 852 2,015 633 8,716 At 31 Dec 2016 1,206 3,484 1,260 2,549 529 9,028 Ageing analysis of days for past due but not impaired gross financial instruments (Audited) Up to 29 days 30-59 60-89 90-179 180 days Total $m $m $m $m $m $m Loans and advances to customers and banks held at amortised cost 6,837 1,255 493 10 14 8,609 – personal 3,455 866 337 — — 4,658 – corporate and commercial 2,899 343 156 10 14 3,422 – financial 483 46 — — — 529 Other financial instruments 33 12 18 12 32 107 At 31 Dec 2017 6,870 1,267 511 22 46 8,716 Loans and advances to customers and banks held at amortised cost 6,743 1,320 587 11 7 8,668 – personal 3,696 986 380 — — 5,062 – corporate and commercial 2,593 316 201 11 7 3,128 – financial 454 18 6 — — 478 Other financial instruments 264 47 23 12 14 360 At 31 Dec 2016 7,007 1,367 610 23 21 9,028 Impaired loans (Audited) Impaired loans and advances are those that meet any of the following criteria: • Wholesale loans and advances classified as customer risk rating (‘CRR’) 9 or CRR 10: these grades are assigned when HSBC considers that the customer is either unlikely to pay their credit obligations in full without recourse to security, or is more than 90 days past due on any material credit obligation to HSBC. • Retail loans and advances classified as expected loss (‘EL’) 9 or EL 10: these grades are typically assigned to retail loans and advances more than 90 days past due unless they have been individually assessed as not impaired. • Renegotiated loans and advances: loans where we have changed the contr

Report Of The Directors Finan50

Report Of The Directors Financial Review Capital Report	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Financial Review Capital Report [Abstract]
Disclosure of audited information included in report of directors financial review capital report	Capital management (Audited) Our objective in the management of Group capital is to maintain appropriate levels to support our business strategy, and meet our regulatory and stress testing related requirements. Approach and policy Our approach to capital management is driven by our strategic and organisational requirements, taking into account the regulatory, economic and commercial environment. We aim to maintain a strong capital base to support the risks inherent in our business and invest in accordance with our strategy, meeting both consolidated and local regulatory capital requirements at all times. Our policy on capital management is underpinned by a capital management framework and our internal capital adequacy assessment process (‘ICAAP’), which enables us to manage our capital in a consistent manner. The framework incorporates a number of different capital measures calculated on an economic capital and regulatory capital basis. The ICAAP is an assessment of the bank’s capital position, outlining both regulatory and internal capital resources and requirements with HSBC’s business model, strategy, performance and planning, risks to capital, and the implications of stress testing to capital. Our assessment of capital adequacy is aligned to our assessment of risks. These include credit, market, operational, pensions, insurance, structural foreign exchange risk, residual risks and interest rate risk in the banking book. Planning and performance Capital and RWA plans form part of the Annual Operating Plan that is approved by the Board. Revised RWA forecasts are submitted to the GMB on a monthly basis, and reported RWAs are monitored against the plan. The responsibility for global capital allocation principles rests with the Group Finance Director. Through our internal governance processes, we seek to maintain discipline over our investment and capital allocation decisions, and seek to ensure that returns on investment meet the Group’s management objectives. Our strategy is to allocate capital to businesses and entities to support growth objectives where above hurdle returns have been identified and in order to meet their regulatory and economic capital needs. We manage business returns by using a return on risk-weighted assets (‘RoRWA’) measure and a return on tangible equity (‘RoTE’) measure. Risks to capital Outside the stress testing framework, other risks may be identified that have the potential to affect our RWAs and/or capital position. The downside or upside scenarios are assessed against our capital management objectives and mitigating actions are assigned as necessary. There are a number of regulatory changes on the horizon. The impacts of these are included in the Annual Operating Plan where the rules are sufficiently certain to estimate a reliable impact. Foremost among these changes are the final reforms to the Basel III package, which were published in December 2017. Due to the number of national discretions, the recalibration of the market risk framework and the need to transpose the requirements into national law, it remains too early to assess reliably the impact. Stress testing In addition to annual internal stress tests, the Group is subject to supervisory stress testing in many jurisdictions. Supervisory stress testing requirements are increasing in frequency and in the granularity with which the results are required. These exercises include the programmes of the Prudential Regulatory Authority (‘PRA’), the Federal Reserve Board (‘FRB’), the European Banking Authority (‘EBA’), the European Central Bank (‘ECB’) and the Hong Kong Monetary Authority (‘HKMA’), as well as stress tests undertaken in other jurisdictions. We take into account the results of regulatory stress testing and our internal stress tests when assessing our internal capital requirements. The outcome of stress testing exercises carried out by the PRA also feeds into a PRA buffer under Pillar 2 requirements, where required. Capital generation HSBC Holdings is the provider of equity capital to its subsidiaries and also provides them with non-equity capital where necessary. These investments are substantially funded by HSBC Holdings’ own capital issuance and profit retention. As part of its capital management process, HSBC Holdings seeks to maintain a prudent balance between the composition of its capital and its investment in subsidiaries. Capital Transitional own funds disclosure (Audited) At 31 Dec 31 Dec 2017 2016 Ref * Footnotes $m $m Common equity tier 1 (‘CET1’) capital: instruments and reserves 1 Capital instruments and the related share premium accounts 18,932 21,310 – ordinary shares 18,932 21,310 2 Retained earnings 1 124,679 129,552 3 Accumulated other comprehensive income (and other reserves) 9,433 560 5 Minority interests (amount allowed in consolidated CET1) 4,905 3,878 5a Independently reviewed interim net profits net of any foreseeable charge or dividend 1 608 (6,009 ) 6 Common equity tier 1 capital before regulatory adjustments 158,557 149,291 Common equity tier 1 capital: regulatory adjustments 7 Additional value adjustments (1,146 ) (1,358 ) 8 Intangible assets (net of related deferred tax liability) (16,872 ) (15,037 ) 10 Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability) (1,181 ) (1,696 ) 11 Fair value reserves related to gains or losses on cash flow hedges 208 (52 ) 12 Negative amounts resulting from the calculation of expected loss amounts (2,820 ) (4,025 ) 14 Gains or losses on liabilities at fair value resulting from changes in own credit standing 3,731 1,052 15 Defined-benefit pension fund assets (6,740 ) (3,680 ) 16 Direct and indirect holdings of own CET1 instruments (40 ) (1,573 ) 19 Direct, indirect and synthetic holdings by the institution of the CET1 instruments of financial sector entities where the institution has a significant investment in those entities (amount above 10% threshold and net of eligible short positions) (7,553 ) (6,370 ) 28 Total regulatory adjustments to common equity tier 1 (32,413 ) (32,739 ) 29 Common equity tier 1 capital 126,144 116,552 Additional tier 1 (‘AT1’) capital: instruments 30 Capital instruments and the related share premium accounts 16,399 11,259 31 – classified as equity under IFRSs 16,399 11,259 33 Amount of qualifying items and the related share premium accounts subject to phase out from AT1 6,622 7,946 34 Qualifying tier 1 capital included in consolidated AT1 capital (including minority interests not included in CET1) issued by subsidiaries and held by third parties 1,901 2,419 35 – of which: instruments issued by subsidiaries subject to phase out 1,374 1,522 36 Additional tier 1 capital before regulatory adjustments 24,922 21,624 Additional tier 1 capital: regulatory adjustments 37 Direct and indirect holdings of own AT1 instruments (60 ) (60 ) 41b Residual amounts deducted from AT1 capital with regard to deduction from tier 2 (‘T2’) capital during the transitional period (52 ) (94 ) – direct and indirect holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (52 ) (94 ) 43 Total regulatory adjustments to additional tier 1 capital (112 ) (154 ) 44 Additional tier 1 capital 24,810 21,470 45 Tier 1 capital (T1 = CET1 + AT1) 150,954 138,022 Tier 2 capital: instruments and provisions 46 Capital instruments and the related share premium accounts 16,880 16,732 47 Amount of qualifying items and the related share premium accounts subject to phase out from T2 4,746 5,695 48 Qualifying own funds instruments included in consolidated T2 capital (including minority interests and AT1 instruments not included in CET1 or AT1) issued by subsidiaries and held by third parties 10,306 12,323 49 – of which: instruments issued by subsidiaries subject to phase out 10,236 12,283 51 Tier 2 capital before regulatory adjustments 31,932 34,750 Tier 2 capital: regulatory adjustments 52 Direct and indirect holdings of own T2 instruments (40 ) (40 ) 55 Direct and indirect holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (net of eligible short positions) (463 ) (374 ) 57 Total regulatory adjustments to tier 2 capital (503 ) (414 ) 58 Tier 2 capital 31,429 34,336 59 Total capital (TC = T1 + T2) 182,383 172,358 * The references identify the lines prescribed in the EBA template, which are applicable and where there is a value. 1 In the comparative period, dividend paid has been reallocated from row 2 to row 5a. CET1 capital increased during the year by $ 9.5 bn, due to: • $ 3.7 bn of capital generation through profits, net of dividends and scrip; • $ 6.3 bn of favourable foreign currency translation differences; • regulatory netting of $ 1.5 bn; • a decrease of $ 1.3 bn in the deduction for excess expected loss; and • an increase of $ 1.0 bn in the value of minority interests allowed in CET1. These increases were partly offset by: • the $3.0b n share buy-back; and • a $ 1.2 bn decrease as a result of the change in US tax legislation; this change also reduces RWAs by $3.1b n.

Report of Directors Corporate G

Report of Directors Corporate Governance	12 Months Ended
	Dec. 31, 2017
Report Of Directors Corporate Governance [Abstract]
Disclosure of audited information included in report of directors corporate governance	Notes to the single figure of remuneration (Audited) Benefits In the single figure of remuneration table, ‘benefits’ • all taxable benefits (gross value before payment of tax) including provision of medical insurance, accommodation and car, club membership, including any tax gross-up; and non-taxable benefits including the provision of life assurance and other insurance coverage. The values of the significant benefits in the single figure table are set out in the following table. (Audited) Car benefit (UK and Hong Kong) 1 Hong Kong bank-owned accommodation 2 Tax expense on car benefit and Hong Kong bank-owned accommodation Insurance benefit (non-taxable) 1 (£000) (£000) (£000) (£000) Douglas Flint 2017 — — — 56 2016 — — — 75 Stuart Gulliver 2017 — 282 164 63 2016 64 263 211 63 1 The car benefit, tax on car benefit and insurance benefits for Iain Mackay and Marc Moses are not included in the above table as they were not significant. 2 Taxable value determined based on the current market rental value of the bank-owned property in Hong Kong, as estimated by an external lease service provider, plus utility costs, rates, the taxable value of furniture and taking into account the business use of the property. Single figure of remuneration (Audited) The following table shows the single figure total remuneration of each executive Director for 2017, together with comparative figures for 2016. Single figure of remuneration Base Fixed pay allowance Cash in lieu of pension Annual incentive LTI 1 Sub-total Taxable benefits Non-taxable benefits Notional returns Total (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) Douglas Flint 2 2017 1,125 — 338 — — 1,463 83 64 — 1,610 2016 1,500 — 450 — — 1,950 100 86 — 2,136 Stuart Gulliver 3 2017 1,250 1,700 375 2,127 — 5,452 500 71 63 6,086 2016 1,250 1,700 375 1,695 — 5,020 557 71 27 5,675 Iain Mackay 2017 700 950 210 1,334 — 3,194 64 37 42 3,337 2016 700 950 210 987 — 2,847 52 37 17 2,953 Marc Moses 2017 700 950 210 1,358 — 3,218 16 38 42 3,314 2016 700 950 210 1,005 — 2,865 15 38 18 2,936 1 The first LTI award was made in February 2017, with a performance period ending in 2019. Vesting of the first LTI award will be included in the single figure table for the financial year ending on 31 December 2019. 2 Douglas Flint stepped down from the Board on 30 September 2017 and his remuneration reflects time served as an executive Director. Details on retirement arrangements are provided on page 196 . 3 To meet regulatory deferral requirements for 2017, 60% of the annual incentive award of Stuart Gulliver has been deferred in shares and will vest in five equal instalments between the third and seventh anniversary of the grant date. Determining executive Directors’ annual performance (Audited) Executive Director’s awards reflected the Committee’s assessment of their performance against the personal and corporate objectives in their scorecards, which were agreed at the start of the year and reflect the Group’s strategic priorities and risk appetite. In accordance with the downward override policy, the Committee also consulted the Financial System Vulnerabilities Committee and took into consideration its feedback in relation to progress on enhancing AML and sanctions compliance, along with progress in meeting the Group’s obligations under the AML DPA and other relevant orders. The Committee also took into consideration the report of the independent Monitor in determining the scorecard outcomes. In order for any annual incentive award to be made, each executive Director must achieve a required behaviour rating, which is assessed by reference to the HSBC Values. For 2017, all executive Directors achieved the required behaviour rating. The performance achieved by executive Directors in the year is shown in the table below. Annual assessment Stuart Gulliver Iain Mackay Marc Moses Weighting (%) Assessment (%) Outcome (%) Weighting (%) Assessment (%) Outcome (%) Weighting (%) Assessment (%) Outcome (%) Profit before tax 1 20.00 100.00 20.00 10.00 100.00 10.00 10.00 100.00 10.00 Capital management — — — 25.00 100.00 25.00 — — — Deliver cost savings 20.00 25.00 5.00 10.00 25.00 2.50 — — — Reduce Group RWAs 10.00 100.00 10.00 10.00 100.00 10.00 15.00 100.00 15.00 Strategic growth 10.00 90.19 9.02 — — — — — — Global Standards including risk and compliance 25.00 85.00 21.25 25.00 90.00 22.50 50.00 86.25 43.13 Personal objectives 15.00 97.92 14.69 20.00 97.70 19.54 25.00 92.18 23.04 Total 100.00 79.96 100.00 89.54 100.00 91.17 Maximum annual incentive opportunity (£000) £2,660 £1,490 £1,490 Annual incentive (£000) £2,127 £1,334 £1,358 Financial performance Annual assessment Minimum (25% payout) Maximum (100% payout) Performance Assessment Measure Profit before tax ($bn) 1 $16.0 $19.0 $21.2 100.00 % Deliver cost savings ($bn) 2 $30.2 $29.6 $30.2 25.00 % Reduce Group RWAs ($bn) $63.4 $70.5 $70.7 100.00 % Strategic growth 3 Various Various Fully met targets for six measures and partly met targets for three measures. 90.19 % 1 Profit before tax, as defined for Group annual bonus pool calculation. This definition excludes business disposal gains and losses, debt valuation adjustments, restructuring and write-off costs included in ‘Costs to Achieve' and variable pay expense. It does, however, take into account fines, penalties and costs of customer redress, which are excluded from the adjusted profit before tax. The adjusted profit before tax as per adjusted results is found on page 2 . 2 Measured by reference to the 2017 exit run-rate for adjusted costs compared with our 2014 cost base. 3 Strategic growth measures include optimising global network, rebuilding NAFTA region profitability, delivering growth above GDP from our international network, pivot to Asia and Renminbi internationalisation. Non-financial performance The table below provides an overview of the non-financial performance achieved by each executive Director. Stuart Gulliver Performance Assessment Global Standards including risk and compliance • Achieve and sustain compliance with global financial crime compliance policies and procedures, and/or have approved dispensations in place. • Implementation of the operational risk management framework. • Implementation of global conduct programme and maturity level achieved against the required conduct outcomes. • Effective risk management with AML, sanctions, anti-bribery and corruption policies and Global Standards. • The financial crime risk management agenda has continued to be pursued rigorously resulting in key compliance action plan deliverables being met and strong progress made on Global Standards programme. This has been reinforced by a strong tone from the top, active engagement at relevant governance forums and full commitment to the ongoing development of the Financial Crime Risk ('FCR') function. Risk management practices materially strengthened across regions and businesses. However, further improvement is needed before sustainable maturity is achieved. • Implemented the operational risk management framework with key milestones met. • The conduct programme consistently delivered against the committed plan, including high priority conduct gaps closed and action plans implemented in respect of remaining gaps as well as the production and embedding of conduct management information. Achieved consistent management, oversight and delivery of conduct outcomes across all global businesses and significant global functions, including the effective transition to business as usual activities. • The AML DPA expired on 11 December 2017, and at the DoJ's request, the charges deferred by the AML DPA have been dismissed by the US district court that oversaw the agreement. 85.0 % Personal objectives • Ensure climate change is reflected across the Group‘s activities. • Optimise global network and reduce complexity. • Set up UK ring-fenced bank headquartered in Birmingham and move the business to be ready for UK departure from the EU. • Delivery of high-priority projects. • Improve customer satisfaction and employee diversity. • Complete succession and transition planning. • HSBC scored ‘A-’ (leadership level) in the Climate Disclosure Project 2017 climate change rankings. In 2017, HSBC developed and published its sustainability strategy and announced five commitments to support the transition to a low-carbon economy. These include a commitment to provide $100bn of sustainable finance, demonstrating HSBC’s ambition to be a leading global partner to the public and private sectors in the transition to a low carbon economy. • The Group’s geographic coverage has been reduced to 67 countries and territories and previously announced transactions/closures are being progressed. • Establishment of the UK ring-fenced bank is on track, with the provisional banking licence approved by the Prudential Regulation Authority (‘PRA’). 91% of Birmingham head office roles resourced, and the majority of technology deployments complete. • Implementation plan for a UK departure from the EU is on track. • The high-priority programmes, including digital transformation and cybersecurity have been assessed as fully met. • Achieved customer recommendation of 82% (target 75%) by retail customers. Good progress has been made in 2017, notably establishing the ‘Moments Of Truth’ survey in key markets. • Achieved target (26.3%) for female representation at senior management level. • Group succession plan is in place for key management personnel. • Stuart Gulliver was awarded ‘Order of the Aztec Eagle’, Mexico‘s highest distinction for foreign citizens and was the first banking executive ever to receive this award. 97.9 % Iain Mackay Performance Assessment Capital management • Implement consistent capital management framework across the Group for internal and external reporting. • Capital management framework fully implemented with capital actions enabled and return on tangible equity introduced as the revised capital management measure in internal and external reporting. 100.0 % Global Standards including risk and compliance • Effective management of material operational risks. • Implementation of the operational risk management framework. • Proactively review and challenge the first line of defence to assess the adequacy of risk management activities relating to accounting and tax. • Implementation of global conduct programme and maturity level achieved against the required conduct outcomes. • Successful delivery of regulatory and internal stress tests in 2017. • Significant effort undertaken during 2017 to strengthen the self-identification, recording and remediation of audit issues through the implementation, training and awareness of the enhanced control framework. There were a small number of residual risks, all of which are appropriately managed. • Largely implemented the operational risk transformation programme and operational risk management framework. • Strong progress made towards the implementation of risk steward responsibilities for accounting and tax risk. Oversight of these risks within business areas is being progressed through the controls optimisation project. • Completed implementation of the global conduct programme milestones including the production and embedding of conduct management information. • Successfully delivered stress test submissions; including Comprehensive Capital Analysis and Review (‘CCAR’), Annual Stress Testing and PRA stress tests. Largely completed delivery of IFRS 9 programme. 90.0 % Personal objectives • Enhanced environmental, social and governance (‘ESG’) disclosures. • Deliver Global Finance transformation. • Set-up UK ring-fenced bank headquartered in Birmingham and move the business to be ready for a UK departure from the EU. • Improve employee diversity. • Complete succession and transition planning. • First ESG report published in April 2017. Updated ESG report published in November 2017. • Significant cost and headcount saves achieved through the Global Finance transformation together with substantial strengthening of the Global Finance centres. Progress achieved in enhancing efficiency through process re-engineering and technology deployment with improvements in timing and quality of delivery. • UK ring-fenced bank financial and regulatory reporting infrastructure on track to support employees and product systems migrations and to start trading as HSBC UK on 1 July 2018, subject to ring-fencing transfer scheme approval by court. 91% of Birmingham head office roles resourced. • Finance Steering Committee established for dealing with UK’s departure from the EU and implementation plan is on track. • Achieved 26.7% (target = 28.5%) for female representation at senior management in the Finance function. • Global people & talent programme established across the Global Finance function, focusing on the identification, development and leverage of talent at all levels to strengthen capability, quality and diversity of leadership succession across the function. Top 100 Programme launched in partnership with Duke Corporate Education. • Succession plans in place for key management personnel. 97.7 % Marc Moses Performance Assessment Global Standards including risk and compliance • Ensure the Global Risk function enables and supports the FCR function to achieve and sustain compliance with global financial crime compliance policies and procedures. • Implementation of the operational risk management framework. • Effective management of material operational risks. • Proactively review and challenge the first line of defence to assess the adequacy of risk management activities and fulfil risk steward responsibilities. • Manage credit and market risk, and oversee liquidity risk within the Board approved risk appetite. • Implementation of global conduct programme and maturity level achieved against the required conduct outcomes. • Successful delivery of regulatory and internal stress tests in 2017. • Enabled effective FCR management through the enterprise wide and operational risk management frameworks, provision of risk analytics support to FCR management and the completion of FCR model. • Implementation of operational risk management framework and the delivery of risk management system of record on time and within budget. Material operational risks are being actively managed and remediation actions relating to high and very high residual risks are being completed. • Completed the delivery of the US risk management measures to enable compliance with regulations; largely completed the delivery of IFRS 9 and Dodd-Frank programmes. • Successfully delivered the 2017 Annual Cyclical Scenario: Biennial Exploratory Scenario submissions to the PRA and the CCAR submissions to the Federal Reserve Board. • Credit, market and liquidity metrics effectively managed through the Group Risk Management Meeting and within Group risk appetite profile. • Successfully completed all 2017 conduct programme milestones including the production and embedding of conduct management information, and enabling compliance with conduct regulations. Maturity levels across conduct outcomes largely met expectations. 86.3 % Personal objectives • Develop processes to measure exposure to carbon-intensive and low-carbon-intensive activities. • Define opportunities to develop risk management policies and procedures consistent with Group risk appetite to protect the Group from climate change risk, and enable business activities supporting a transition to a low-carbon economy. • Pivot to Asia and support growth of customer lending. • Deliver Global Risk function transformation. • Improve RWA effectiveness and efficiency. • Improve employee diversity. • Complete succession and transition planning. • Enabled the embedding of effective client and sustainability risk management; engaged constructively with non-governmental organisations and participated actively in the Global Climate Change Disclosure taskforce. Actively applied revised sustainability policies and frameworks to support the successful launch of Green and Social Bonds, the risk management of our environmentally-sensitive exposures such as incorporating new standards for the palm oil sector to protect high carbon stock forests and peat, and delivery of actions to reduce client sensitivity to risks associated with the transition from a high-carbon to low-carbon economy through the financing of green initiatives. • Pivot to Asia with ongoing RBWM expansion and launch of China Cards has driven higher returns and lending growth, particularly in Hong Kong and the Pearl River Delta. Regulatory approval obtained to establish HSBC Qianhai Securities Limited will increase access to China’s markets for domestic and international clients. • Effectively managed costs and headcount of the Global Risk function through rigorous monitoring of performance and implementation of transformation activities including process re-engineering, and location optimisation. • Strengthened RWA effectiveness and efficiency within CMB and GBM supporting overall reduction in Group RWAs. • Delivered Global Risk function people initiatives including succession plans and achieved 27.1% (target = 27.7%) for female representation at senior management in the Risk function. 92.2 % Long-term incentive awards (Audited) For the 2017 performance year, the Committee determined to grant Iain Mackay and Marc Moses an LTI award equivalent to 319% of base salary after taking into consideration performance achieved for the financial year ended 31 December 2017 and the achievements against the strategic actions announced in June 2015. The awards will be subject to a three -year performance period starting 1 January 2018. As the awards are not entitled to dividend equivalents per regulatory requirements, the number of shares to be awarded to executive Directors will be adjusted to reflect the expected dividend yield of the shares over the vesting period. The measures that will be used to assess performance and payout are described below. To the extent performance conditions are satisfied at the end of the three -year performance period, the awards will vest in five equal annual instalments commencing from around the third anniversary of the grant date. On vesting, awards are subject to a retention period of one year. Performance conditions for LTI awards in respect of 2017 Measures Minimum (25% payout) Target (50% payout) Maximum (100% payout) Weighting % Average return on equity (with CET1 underpin) 1 9.0% 10.0% 11.0% 20 Cost-efficiency ratio 60.0% 58.0% 55.5% 20 Relative total shareholder return 2 At median of the peer group. Straight-line vesting between minimum and maximum. At upper quartile of the peer group. 20 Risk and compliance • Achieve and sustain compliance with Global Financial Crime Compliance policies and procedures. • Achieve a sustainable adoption of Group operation risk management framework, along with its policies and practices. • Achieve and sustain delivery of global conduct outcomes and compliance with conduct of business regulatory obligations. Performance will be assessed by the Committee based on a number of qualitative and quantitative inputs such as feedback from the Financial System Vulnerabilities Committee, Group Financial Crime Risk assessment against Financial Crime Compliance objectives, outcome of assurance and audit reviews, and achievement of the long-term Group objectives and priorities during the performance period. 25 Strategy 15 • Sustainable finance 3 $30bn $34bn $37bn • Employee confidence 4 65% 67% 70% • Customer (Based on customer recommendation in top five markets by revenue) Improvement in recommendation in three of top five markets for CMB, GBM and RBWM. Improvement in recommendation in four of top five markets for CMB, GBM and RBWM. Improvement in recommendation in all of top five markets for CMB, GBM and RBWM. Total 100 1 Significant items are excluded from the profit attributable to ordinary shareholders of the company for the purpose of computing adjusted return on equity. If the CET1 ratio at the end of performance period is below the CET1 risk tolerance level set in the RAS then, the assessment for this measure will be reduced to nil. 2 The peer group for the 2017 award is: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse Group, DBS Group Holdings, Deutsche Bank, JPMorgan Chase & Co., Lloyds Banking Group, Standard Chartered and UBS Group. 3 To be assessed based on cumulative financing and investment made to develop clean energy, lower-carbon technologies and projects that contribute to the delivery of the Paris Agreement and the UN sustainable development goals. 4 Assessed based on results of the latest employee snapshot survey question ‘I am seeing the positive impact of our strategy’. Payments to past Directors (Audited) No payments were made to or in respect of former Directors in the year in excess of the minimum threshold of £50,000 set for this purpose. Total pension entitlements (Audited) No employees who served as executive Directors during the year have a right to amounts under any HSBC final salary pension scheme for their services as executive Directors or are entitled to additional benefits in the event of early retirement. There is no retirement age set for Directors, but the normal retirement age for employees is 65 . Retirement arrangements for Douglas Flint (Audited) Douglas Flint retired from the Board on 30 September 2017. In line with the remuneration policy, he is not entitled to be considered for any variable pay awards in respect of 2017. In accordance with his contractual entitlements and the approved policy, he received the following payments and benefits until he ceased to be an employee on 31 December 2017. • Salary and cash in lieu of pension: £487,500 ; and • Contractual benefits valued at: £24,068 . In December 2017, Douglas Flint received a payment of £377,500 in lieu of his salary and cash in lieu of pension for the period from 1 January 2018 to 11 March 2018 and a payment of £180,000 in lieu of unused holiday entitlement. He received no compensation payment for ceasing to be an executive Director. As disclosed in our approved remuneration policy, he is also eligible to receive medical coverage for a period of seven years from 1 January 2018. Scheme interests awarded during 2017 (Audited) The table below sets out the scheme interests awarded to Directors in 2017, for performance in 2016, as disclosed in the 2016 Directors’ Remuneration Report. No non-executive Directors received scheme interests during the financial year. Scheme awards in 2017 (Audited) Type of interest awarded Basis on which Date of award Face value awarded 1,2 £000 Percentage receivable for minimum performance 1,2 Number of shares awarded Share price on date of grant 3 End of performance period Stuart Gulliver Deferred shares Long-term incentive 2016 27 Feb 2017 3,990 25 613,562 £6.5030 31 Dec 2019 Iain Mackay Deferred shares Long-term incentive 2016 27 Feb 2017 2,232 25 343,226 £6.5030 31 Dec 2019 Marc Moses Deferred shares Long-term incentive 2016 27 Feb 2017 2,232 25 343,226 £6.5030 31 Dec 2019 1 For annual incentive, awards were determined based on performance achieved during the period to 31 December 2016 and were subject to a six -month retention period on vesting. These awards are also subject to clawback for a maximum period of 10 years from the date of the award. The overall award level could have been 0% of the maximum opportunity if minimum performance was not achieved at the end of the performance period. 2 For LTI, awards are subject to a three -year forward-looking performance period and awards vest in five equal instalments subject to performance achieved. On vesting, awards will be subject to a six -month retention period. Awards are subject to malus during the vesting period and clawback for a maximum period of 10 years from the date of the award. Details of performance conditions applicable during the forward-looking performance period are set out below. 3 Share price used is the closing mid-market price on the last working day preceding the date of grant. Directors’ interests in shares (Audited) The shareholdings of all persons who were Directors in 2017, including the shareholdings of their connected persons, at 31 December 2017, or date of retirement from the Board, if earlier, are set out below. The table below shows the comparison of shareholdings to the company shareholding guidelines. There have been no changes in the shareholdings of the Directors from 31 December 2017 to the date of this report. Shares (Audited) Shareholding guidelines 2 (% of salary) Shareholding at 31 Dec 2017, or date of retirement from the Board, if earlier 3 (% of salary) At 31 Dec 2017, or date of retirement from the Board, if earlier Scheme interests Share interests 4 (number of shares) Share options 5 Shares awarded subject to deferral 1 without performance conditions 4, 6 with performance conditions 7 Executive Directors Douglas Flint (retired from the Board on 30 September 2017) 100 % 125 % 252,606 2,919 — — Stuart Gulliver 400 % 2,211 % 3,711,169 — 2,293,071 738,499 Iain Mackay 300 % 470 % 442,118 3,469 1,268,016 426,997 Marc Moses 300 % 1,284 % 1,207,068 — 1,288,389 424,927 Group Managing Directors 8 250,000 shares n/a n/a n/a n/a n/a 1 The gross number of shares is disclosed. A portion of these shares will be sold at vesting to cover any income tax and social security which falls due at the time of vesting. 2 Unvested share-based incentives are note counted towards compliance with the shareholding guideline. 3 The value of the shareholding is calculated using an average of the daily closing share prices in the three months to 31 December 2017, ( £7.4468 ). 4 For variable pay awards (annual incentive and LTI), in line with regulatory requirements, any deferred shares (net of tax) which the Director becomes entitled to are subject to a retention requirement, such that they must be held for a predefined period of time. To provide the executive Directors with appropriate flexibility, the Committee determined that, the requirement to hold these shares could be met either by retaining the shares that vested from the underlying award (net of tax) or by separately retaining a number of shares equivalent to those that vested under the award. The Committee consider that such an arrangement results in the employee holding the same number of shares as per the original intention of the retention period as set out in the remuneration policy approved by shareholders in 2014. 5 All share options are unvested and unexercised. 6 Includes Group Performance Share Plan ('GPSP') awards, which were made following an assessment of performance over the relevant period ending on 31 December before the grant date but are subject to a five -year vesting period. 7 Awards granted in March 2013 are subject to service conditions and satisfactory completion of the AML DPA, as determined by the Committee. The AML DPA condition ends on the fifth anniversary of the award date. LTI awards granted in February 2017 are subject to the performance conditions as set out on page 197 . 8 All Group Managing Directors are expected to meet their shareholding guideline by 2019 or within five years of the date of their appointment, whichever is later. Share options (Audited) Date of award Exercise price Exercisable At 1 Jan Exercised At 31 Dec 2017, or date of retirements from the Board, if earlier £ from 1 until 2017 in year Douglas Flint 23 Sep 2014 5.1887 1 Jan 2018 30 June 2018 2,919 — 2,919 Iain Mackay 23 Sep 2014 5.1887 1 Nov 2017 30 April 2018 3,469 — 3,469 1 May be advanced to an earlier date in certain circumstances, such as retirement. The above awards were made under HSBC UK Sharesave, an all-employee share plan under which eligible employees may be granted options to acquire HSBC Holdings ordinary shares. The exercise price is determined by reference to the average market value of HSBC Holdings ordinary shares on the five business days immediately preceding the invitation date, then applying a discount of 20% . Employees may make contributions of up to £500 each month over a period of three or five years. The market value per ordinary share at 29 December 2017 was £ 7.6650 . Market value is the mid-market price derived from the London Stock Exchange Daily Official List on the relevant date. Under the Securities and Futures Ordinance of Hong Kong, the options are categorised as unlisted physically settled equity derivatives. Non-executive Directors (Audited) The table below shows the total fees of non-executive Directors for 2017, together with comparative figures for 2016. Fees and benefits (Audited) Fees 1 Benefits 2 Total (£000) Footnotes 2017 2016 2017 2016 2017 2016 Phillip Ameen 3 474 440 12 38 486 478 Kathleen Casey 174 155 16 21 190 176 Henri de Castries 4 132 79 5 4 137 83 Laura Cha 5 269 247 22 20 291 267 Lord Evans of Weardale 215 190 8 5 223 195 Joachim Faber 6 162 152 9 10 171 162 Sam Laidlaw (Retired on 28 April 2017) 70 185 1 11 71 196 Irene Lee 7 300 268 8 9 308 277 John Lipsky 199 180 25 21 224 201 Rachel Lomax (Retired on 28 April 2017) 93 254 1 6 94 260 Heidi Miller 8 571 536 18 30 589 566 David Nish 9 158 83 18 19 176 102 Jonathan Symonds 10 639 520 2 6 641 526 Jackson Tai 11 194 48 43 4 237 52 Mark Tucker (Appointed on 1 September 2017) 12 500 — 318 — 818 — Pauline van der Meer Mohr 13 239 172 16 9 255 181 Paul Walsh (Resigned on 21 April 2017) 55 142 2 5 57 147 Total 4,444 3,651 524 218 4,968 3,869 Total ($000) 5,720 4,926 674 294 6,395 5,220 1 Fees include a travel allowance of £4,000 for non-UK based non-executive Directors. 2 Benefits include accommodation and travel-related expenses relating to attendance at Board and other meetings at HSBC Holdings' registered office. Amounts disclosed have been grossed up using a tax rate of 45% , where relevant. The 2016 amounts have been restated to exclude National Insurance Contributions. 3 Includes fees of £330,000 in 2017 ( £315,000 in 2016) as a Director, Chairman of the Audit Committee and member of the Risk Committee of HSBC North America Holdings Inc. 4 Appointed as a member of the Group Remuneration Committee on 26 May 2017. 5 Includes fees of £75,000 in 2017 ( £72,000 in 2016) as a Director, Deputy Chairman and member of the Nomination Committee of The Hongkong and Shanghai Banking Corporation Limited. 6 Includes £8,000 (inclusive of VAT) in respect of his membership of a verwaltungsrat (advisory body) to HSBC Trinkaus & Burkhardt AG. Stepped down as Chairman of the Group Risk Committee on 28 April 2017 and resigned from the Group Risk Committee on 30 November 2017. 7 Includes fees of £187,000 in 2017 ( £173,000 in 2016) as a Director, and member of the Audit Committee and the Risk Committee of The Hongkong and Shanghai Banking Corporation Limited and as a Director, member of the Audit Committee and Chairman of the Risk Committee of Hang Seng Bank Limited. 8 Includes fees of £427,000 in 2017 ( £411,000 in 2016) as Chairman of HSBC North America Holdings Inc. 9 Appointed as a member of the Group Remuneration Committee on 26 May 2017. 10 Appointed as Senior Independent Director on 28 April 2017. Includes fees of £382,000 in 2017 ( £345,000 in 2016) as non-executive Chairman of HSBC Bank plc. 11 Appointed as Chairman of the Group Risk Committee on 28 April 2017. 12 Received a one time relocation benefit of £300,000 . 13 Appointed as Chairman of the Conduct & Values Committee and the Group Remuneration Committee on 28 April 2017. Non-executive Directors’ interests in shares (Audited) The shareholdings of persons who were non-executive Directors in 2017, including the shareholdings of their connected persons, at 31 December 2017, or date of cessation as a Director, if earlier, are set out below. The table below shows the comparison of shareholdings to the company shareholding guidelines. Shares Shareholding guidelines (number of shares) Share interests (number of shares) Phillip Ameen 15,000 5,000 Kathleen Casey 15,000 9,125 Laura Cha 15,000 18,200 Henri de Castries 15,000 17,116 Lord Evans of Weardale 15,000 12,892 Joachim Faber 15,000 66,605 Sam Laidlaw (Retired on 28 April 2017) 15,000 41,887 Irene Lee 15,000 10,588 John Lipsky 15,000 16,165 Rachel Lomax (Retired on 28 April 2017) 15,000 18,900 Heidi Miller 15,000 4,200 David Nish 15,000 50,000 Jonathan Symonds 15,000 42,821 Jackson Tai 15,000 44,825 Mark Tucker (Appointed on 1 September 2017) 15,000 276,000 Pauline van der Meer Mohr 15,000 15,000 Paul Walsh (Resigned on 21 April 2017) 15,000 5,211

Basis of preparation and sign52

Basis of preparation and significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2017
Corporate Information And Statement Of IFRS Compliance [Abstract]
Compliance with International Financial Reporting Standards	Compliance with International Financial Reporting Standards The consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings have been prepared in accordance with IFRSs as issued by the IASB, including interpretations issued by the IFRS Interpretations Committee, and as endorsed by the European Union (‘EU’). At 31 December 2017, there were no unendorsed standards effective for the year ended 31 December 2017 affecting these consolidated and separate financial statements, and HSBC’s application of IFRSs results in no differences between IFRSs as issued by the IASB and IFRSs as endorsed by the EU . Standards adopted during the year ended 31 December 2017 HSBC has adopted the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value from 1 January 2017 in the consolidated financial statements. As a result, the effects of changes in those liabilities’ credit risk is presented in other comprehensive income with the remaining effect presented in profit or loss. As permitted by the transitional requirements of IFRS 9, comparatives have not been restated. Adoption increased profit after tax by $2,024m and basic and diluted earnings per share by $0.10 with the opposite effect on other comprehensive income and no effect on net assets. These requirements were adopted in the separate financial statements of HSBC Holdings in 2016. There were no other new standards applied in 2017. However, during 2017, HSBC adopted a number of interpretations and amendments to standards which had an insignificant effect on the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings.
Differences between IFRSs and Hong Kong Financial Reporting Standards	Differences between IFRSs and Hong Kong Financial Reporting Standards There are no significant differences between IFRSs and Hong Kong Financial Reporting Standards in terms of their application to HSBC, and consequently there would be no significant differences had the financial statements been prepared in accordance with Hong Kong Financial Reporting Standards. The Notes on the Financial Statements, taken together with the Report of the Directors, include the aggregate of all disclosures necessary to satisfy IFRSs and Hong Kong reporting requirements.
Future accounting developments	Future accounting developments Minor amendments to IFRSs The IASB has published a number of minor amendments to IFRSs which are effective from 1 January 2018 and 2019, some of which have been endorsed for use in the EU. HSBC expects they will have an insignificant effect, when adopted, on the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. HSBC has not early adopted any of the amendments effective after 31 December 2017, except the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value which was adopted from 1 January 2017. Major new IFRSs The IASB has published IFRS 9 ‘Financial Instruments’, IFRS 15 ‘Revenue from Contracts with Customers’, IFRS 16 ‘Leases’ and IFRS 17 ‘Insurance contracts’. IFRS 9 , IFRS 15 and IFRS 16 have been endorsed for use in the EU and IFRS 17 has not yet been endorsed. IFRS 9 ‘Financial Instruments’ In July 2014, the IASB issued IFRS 9 ‘Financial Instruments’, which is the comprehensive standard to replace IAS 39 ‘Financial Instruments: Recognition and Measurement’, and includes requirements for classification and measurement of financial assets and liabilities, impairment of financial assets and hedge accounting. Classification and measurement The classification and measurement of financial assets will depend on how these are managed (the entity’s business model) and their contractual cash flow characteristics. These factors determine whether the financial assets are measured at amortised cost, fair value through other comprehensive income (‘FVOCI’) or fair value through profit or loss (‘FVPL’). The combined effect of the application of the business model and the contractual cash flow characteristics tests may result in some differences in the population of financial assets measured at amortised cost or fair value compared with IAS 39. In addition, on transition to IFRS 9 entities are required to revoke previous designations of financial assets and financial liabilities measured at fair value through profit or loss where the accounting mismatch no longer exists and are permitted to revoke such designations where accounting mismatches continue to exist. Impairment The impairment requirements apply to financial assets measured at amortised cost and FVOCI, lease receivables, and certain loan commitments and financial guarantee contracts. At initial recognition, an impairment allowance (or provision in the case of commitments and guarantees) is required for expected credit losses (‘ECL’) resulting from default events that are possible within the next 12 months (’12-month ECL’). In the event of a significant increase in credit risk, an allowance (or provision) is required for ECL resulting from all possible default events over the expected life of the financial instrument (‘lifetime ECL’). Financial assets where 12-month ECL is recognised are in ‘stage 1’; financial assets that are considered to have experienced a significant increase in credit risk are in ‘stage 2’; and financial assets for which there is objective evidence of impairment, so are considered to be in default or otherwise credit impaired, are in ‘stage 3’. The assessment of credit risk and the estimation of ECL are required to be unbiased and probability-weighted, and should incorporate all available information relevant to the assessment, including information about past events, current conditions and reasonable and supportable forecasts of economic conditions at the reporting date. In addition, the estimation of ECL should take into account the time value of money. As a result, the recognition and measurement of impairment is intended to be more forward-looking than under IAS 39, and the resulting impairment charge may be more volatile. IFRS 9 may also result in an increase in the total level of impairment allowances, since all financial assets will be assessed for at least 12-month ECL and the population of financial assets to which lifetime ECL applies is likely to be larger than the population for which there is objective evidence of impairment in accordance with IAS 39. Hedge accounting The general hedge accounting requirements aim to simplify hedge accounting, creating a stronger link with risk management strategy and permitting hedge accounting to be applied to a greater variety of hedging instruments and risks. However, they do not explicitly address macro hedge accounting strategies, which are particularly important for banks. As a result, IFRS 9 includes an accounting policy choice to remain with IAS 39 hedge accounting. Transitional impact With the exception of the provisions relating to the presentation of gains and losses on financial liabilities designated at fair value, which were adopted from 1 January 2017, the requirements of IFRS 9 ‘Financial Instruments’ will be adopted from 1 January 2018. IFRS 9 includes an accounting policy choice to continue IAS 39 hedge accounting, which HSBC has exercised, although it will implement the revised hedge accounting disclosures required by the related amendments to IFRS 7 ‘Financial Instruments: Disclosures’. The classification and measurement and impairment requirements are applied retrospectively by adjusting the opening balance sheet at the date of initial application, with no requirement to restate comparative periods. HSBC does not intend to restate comparatives. For the consolidated financial statements of HSBC, adoption is expected to reduce net assets at 1 January 2018 by $1.0b n, with the classification and measurement changes increasing net assets by $0.9b n and impairment reducing net assets by $2.2b n, net of deferred tax of $0.3b n. As a consequence, common equity tier 1 capital is expected to increase by $1.2b n, applying regulatory transitional arrangements, and by $0.2bn on a fully loaded basis. For the separate financial statements of HSBC Holdings, adoption is expected to increase net assets at 1 January 2018 by $0.9bn , net of deferred tax, as a result of classification and measurement changes. These estimates are based on accounting policies, assumptions, judgements and estimation techniques that remain subject to change until the Group finalises its financial statements for the year ending 31 December 2018. IFRS 15 ‘Revenue from Contracts with Customers’ In May 2014, the IASB issued IFRS 15 ‘Revenue from Contracts with Customers’ and it is effective for annual periods beginning on or after 1 January 2018. IFRS 15 provides a principles-based approach for revenue recognition, and introduces the concept of recognising revenue for performance obligations as they are satisfied. HSBC will adopt the standard on its mandatory effective date, and the standard will be applied on a retrospective basis, recognising the cumulative effect, if any, of initially applying the standard as an adjustment to the opening balance of retained earnings. HSBC has assessed the impact of IFRS 15 and expects that the standard will have no significant effect, when applied, on the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. IFRS 16 ‘Leases’ In January 2016, the IASB issued IFRS 16 ‘Leases’ with an effective date for annual periods beginning on or after 1 January 2019. IFRS 16 results in lessees accounting for most leases within the scope of the standard in a manner similar to the way in which finance leases are currently accounted for under IAS 17 ‘Leases’. Lessees will recognise a ‘right of use’ asset and a corresponding financial liability on the balance sheet. The asset will be amortised over the length of the lease, and the financial liability measured at amortised cost. Lessor accounting remains substantially the same as under IAS 17. HSBC is currently assessing the impact of IFRS 16, and it is not practicable to quantify the effect at the date of the publication of these financial statements. Existing operating lease commitments are set out in Note 33 . IFRS 17 ‘Insurance contracts’ IFRS 17 ‘Insurance contracts’ was issued in May 2017, and sets out the requirements that an entity should apply in accounting for insurance contracts it issues and reinsurance contracts it holds. IFRS 17 is effective from 1 January 2021, and HSBC is considering its impact.
Foreign currencies	Foreign currencies HSBC’s consolidated financial statements are presented in US dollars because the US dollar and currencies linked to it form the major currency bloc in which HSBC transacts and funds its business. The US dollar is also HSBC Holdings’ functional currency because the US dollar and currencies linked to it are the most significant currencies relevant to the underlying transactions, events and conditions of its subsidiaries, as well as representing a significant proportion of its funds generated from financing activities. Transactions in foreign currencies are recorded at the rate of exchange on the date of the transaction. Assets and liabilities denominated in foreign currencies are translated at the rate of exchange at the balance sheet date except non-monetary assets and liabilities measured at historical cost which are translated using the rate of exchange at the initial transaction date. Exchange differences are included in other comprehensive income or in the income statement depending on where the gain or loss on the underlying item is recognised. In the consolidated financial statements, the assets, liabilities and results of foreign operations whose functional currency is not US dollars are translated into the Group’s presentation currency at the reporting date. Exchange differences arising are recognised in other comprehensive income. On disposal of a foreign operation, exchange differences previously recognised in other comprehensive income are reclassified to the income statement.
Critical accounting estimates and judgements	Critical accounting estimates and judgements The preparation of financial information requires the use of estimates and judgements about future conditions. In view of the inherent uncertainties and the high level of subjectivity involved in the recognition or measurement of items highlighted as the critical accounting estimates and judgements in section 1.2 below, it is possible that the outcomes in the next financial year could differ from those on which management’s estimates are based. This could result in materially different estimates and judgements from those reached by management for the purposes of these financial statements. Management’s selection of HSBC’s accounting policies which contain critical estimates and judgements reflects the materiality of the items to which the policies are applied and the high degree of judgement and estimation uncertainty involved.
Segmental analysis	Segmental analysis HSBC’s chief operating decision-maker is the Group Chief Executive, supported by the rest of the Group Management Board (‘GMB’), which operates as a general management committee under the direct authority of the Board. Operating segments are reported in a manner consistent with the internal reporting provided to the Group Chief Executive and the GMB. Measurement of segmental assets, liabilities, income and expenses is in accordance with the Group’s accounting policies. Segmental income and expenses include transfers between segments, and these transfers are conducted at arm’s length. Shared costs are included in segments on the basis of the actual recharges made.
Going concern	Going concern The financial statements are prepared on a going concern basis, as the Directors are satisfied that the Group and parent company have the resources to continue in business for the foreseeable future. In making this assessment, the Directors have considered a wide range of information relating to present and future conditions, including future projections of profitability, cash flows and capital resources.
Investments in subsidiaries	Investments in subsidiaries Where an entity is governed by voting rights, HSBC consolidates when it holds, directly or indirectly, the necessary voting rights to pass resolutions by the governing body. In all other cases, the assessment of control is more complex and requires judgement of other factors, including having exposure to variability of returns, power to direct relevant activities and whether power is held as agent or principal. Business combinations are accounted for using the acquisition method. The amount of non-controlling interest is measured either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets. This election is made for each business combination. HSBC Holdings’ investments in subsidiaries are stated at cost less impairment losses.
Goodwill	Goodwill Goodwill is allocated to cash-generating units (‘CGUs’) for the purpose of impairment testing, which is undertaken at the lowest level at which goodwill is monitored for internal management purposes. HSBC’s CGUs are based on geographical regions subdivided by global business, except for Global Banking and Markets, for which goodwill is monitored on a global basis. Impairment testing is performed at least once a year, or whenever there is an indication of impairment, by comparing the recoverable amount of a CGU with its carrying amount. Goodwill is included in a disposal group if the disposal group is a CGU to which goodwill has been allocated or it is an operation within such a CGU. The amount of goodwill included in a disposal group is measured on the basis of the relative values of the operation disposed of and the portion of the CGU retained. Critical accounting estimates and judgements The review of goodwill for impairment reflects management’s best estimate of the future cash flows of the CGUs and the rates used to discount these cash flows, both of which are subject to uncertain factors as follows: • The future cash flows of the CGUs are sensitive to the cash flows projected for the periods for which detailed forecasts are available and to assumptions regarding the long-term pattern of sustainable cash flows thereafter. Forecasts are compared with actual performance and verifiable economic data, but they reflect management’s view of future business prospects at the time of the assessment. • The rates used to discount future expected cash flows can have a significant effect on their valuation, and are based on the costs of capital assigned to individual CGUs. The cost of capital percentage is generally derived from a capital asset pricing model, which incorporates inputs reflecting a number of financial and economic variables, including the risk-free interest rate in the country concerned and a premium for the risk of the business being evaluated. These variables are subject to fluctuations in external market rates and economic conditions beyond management’s control. They are therefore subject to uncertainty and require the exercise of significant judgement. The accuracy of forecast cash flows is subject to a high degree of uncertainty in volatile market conditions. In such circumstances, management retests goodwill for impairment more frequently than once a year when indicators of impairment exist. This ensures that the assumptions on which the cash flow forecasts are based continue to reflect current market conditions and management’s best estimate of future business prospects.
HSBC sponsored structured entities	HSBC sponsored structured entities HSBC is considered to sponsor another entity if, in addition to ongoing involvement with the entity, it had a key role in establishing that entity or in bringing together relevant counterparties so the transaction that is the purpose of the entity could occur. HSBC is generally not considered a sponsor if the only involvement with the entity is merely administrative.
Interests in associates and joint arrangements	Interests in associates and joint arrangements Joint arrangements are investments in which HSBC, together with one or more parties, has joint control. Depending on HSBC’s rights and obligations, the joint arrangement is classified as either a joint operation or a joint venture. HSBC classifies investments in entities over which it has significant influence, and that are neither subsidiaries nor joint arrangements, as associates. HSBC recognises its share of the assets, liabilities and results in a joint operation. Investments in associates and interests in joint ventures are recognised using the equity method. The attributable share of the results and reserves of joint ventures and associates are included in the consolidated financial statements of HSBC based on either financial statements made up to 31 December or pro-rated amounts adjusted for any material transactions or events occurring between the date the financial statements are available and Investments in associates and joint ventures are assessed at each reporting date and tested for impairment when there is an indication that the investment may be impaired. Goodwill on acquisitions of interests in joint ventures and associates is not tested separately for impairment, but is assessed as part of the carrying amount of the investment. Critical accounting estimates and judgements Impairment testing of investments in associates involves significant judgement in determining the value in use, and in particular estimating the present values of cash flows expected to arise from continuing to hold the investment. The most significant judgements relate to the impairment testing of our investment in Bank of Communications Co., Limited (‘BoCom’). Key assumptions used in estimating BoCom’s value in use, the sensitivity of the value in use calculation to different assumptions and a sensitivity analysis that shows the changes in key assumptions that would reduce the excess of value in use over the carrying amount (the ‘headroom’) to nil are described in Note 17.
Interest income and expense	Interest income and expense Interest income and expense for all financial instruments, excluding those classified as held for trading or designated at fair value are recognised in ‘Interest income’ and ‘Interest expense’ in the income statement using the effective interest method. However, as an exception to this, interest on debt securities issued by HSBC that are designated under the fair value option and derivatives managed in conjunction with those debt securities are included in interest expense. Interest on impaired financial assets is recognised using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss.
Non-interest income and expense	Non-interest income and expense Fee income is earned from a diverse range of services provided by HSBC to its customers. Fee income is accounted for as follows: • Income earned on the execution of a significant act is recognised as revenue when the act is completed (for example, fees arising from negotiating a transaction, such as the acquisition of shares, for a third party); and • Income earned from the provision of services is recognised as revenue as the services are provided (for example, asset management services). Net trading income comprises all gains and losses from changes in the fair value of financial assets and financial liabilities held for trading, together with the related interest income, expense and dividends. Dividend income is recognised when the right to receive payment is established. This is the ex-dividend date for listed equity securities, and usually the date when shareholders approve the dividend for unlisted equity securities. ‘Net income/(expense) from financial instruments designated at fair value’ includes all gains and losses from changes in the fair value of financial assets and liabilities designated at fair value through profit or loss, including derivatives that are managed in conjunction with those financial assets and liabilities, and liabilities under investment contracts. Interest income, interest expense and dividend income in respect of those financial instruments are also included, except for interest arising from debt securities issued by HSBC and derivatives managed in conjunction with those debt securities, which is recognised in ‘Interest expense’. The accounting policies for insurance premium income are disclosed in Note 1.2(f) .
Valuation of financial instruments	Valuation of financial instruments All financial instruments are initially recognised at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of a financial instrument on initial recognition is generally its transaction price (that is, the fair value of the consideration given or received). However, if there is a difference between the transaction price and the fair value of financial instruments whose fair value is based on a quoted price in an active market or a valuation technique that uses only data from observable markets, HSBC recognises the difference as a trading gain or loss at inception (a ‘day 1 gain or loss’). In all other cases, the entire day 1 gain or loss is deferred and recognised in the income statement over the life of the transaction either until the transaction matures or is closed out, the valuation inputs become observable or HSBC enters into an offsetting transaction. The fair value of financial instruments is generally measured on an individual basis. However, in cases where HSBC manages a group of financial assets and liabilities according to its net market or credit risk exposure, the fair value of the group of financial instruments is measured on a net basis but the underlying financial assets and liabilities are presented separately in the financial statements, unless they satisfy the IFRS offsetting criteria. Critical accounting estimates and judgements The majority of valuation techniques employ only observable market data. However, certain financial instruments are valued on the basis of valuation techniques that feature one or more significant market inputs that are unobservable, and for them the measurement of fair value is more judgemental. An instrument in its entirety is classified as valued using significant unobservable inputs if, in the opinion of management, a significant proportion of the instrument’s inception profit or greater than 5% of the instrument’s valuation is driven by unobservable inputs. ‘Unobservable’ in this context means that there is little or no current market data available from which to determine the price at which an arm’s length transaction would be likely to occur. It generally does not mean that there is no data available at all upon which to base a determination of fair value (consensus pricing data may, for example, be used). Valuation Fair value is an estimate of the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It does not reflect the economic benefits and costs that HSBC expects to flow from an instrument’s cash flow over its expected future life. Our valuation methodologies and assumptions in determining fair values for which no observable market prices are available may differ from those of other companies. Loans and advances to banks and customers To determine the fair value of loans and advances to banks and customers, loans are segregated, as far as possible, into portfolios of similar characteristics. Fair values are based on observable market transactions, when available. When they are unavailable, fair values are estimated using valuation models incorporating a range of input assumptions. These assumptions may include: value estimates from third-party brokers reflecting over-the-counter trading activity; forward-looking discounted cash flow models, taking account of expected customer prepayment rates, using assumptions that HSBC believes are consistent with those that would be used by market participants in valuing such loans; new business rates estimates for similar loans; and trading inputs from other market participants including observed primary and secondary trades. From time to time, we may engage a third-party valuation specialist to measure the fair value of a pool of loans. The fair value of loans reflects impairments at the balance sheet date and estimates of market participants’ expectations of credit losses over the life of the loans, and the fair value effect of repricing between origination and the balance sheet date. For impaired loans, fair value is estimated by discounting the future cash flows over the time period they are expected to be recovered. Financial investments The fair values of listed financial investments are determined using bid market prices. The fair values of unlisted financial investments are determined using valuation techniques that incorporate the prices and future earnings streams of equivalent quoted securities. Deposits by banks and customer accounts The fair values of on-demand deposits are approximated by their carrying value. For deposits with longer-term maturities, fair values are estimated using discounted cash flows, applying current rates offered for deposits of similar remaining maturities. Debt securities in issue and subordinated liabilities Fair values are determined using quoted market prices at the balance sheet date where available, or by reference to quoted market prices for similar instruments. Repurchase and reverse repurchase agreements – non-trading Fair values approximate carrying amounts as balances are generally short dated.
Financial instruments measured at amortised cost	Financial instruments measured at amortised cost Loans and advances to banks and customers, held-to-maturity investments and most financial liabilities are measured at amortised cost. The carrying value of these financial assets at initial recognition includes any directly attributable transactions costs. If the initial fair value is lower than the cash amount advanced, such as in the case of some leveraged finance and syndicated lending activities, the difference is deferred and recognised over the life of the loan (as described in sub-section (c) above) through the recognition of interest income, unless the loan becomes impaired. HSBC may commit to underwriting loans on fixed contractual terms for specified periods of time. When the loan arising from the lending commitment is expected to be held for trading, the commitment to lend is recorded as a derivative. When HSBC intends to hold the loan, a provision on the loan commitment is only recorded where it is probable that HSBC will incur a loss. Impairment of loans and advances Losses for impaired loans are recognised when there is objective evidence that impairment of a loan or portfolio of loans has occurred. Losses which may arise from future events are not recognised. Individually assessed loans and advances The factors considered in determining whether a loan is individually significant for the purposes of assessing impairment include the size of the loan, the number of loans in the portfolio, the importance of the individual loan relationship and how this is managed. Loans that are determined to be individually significant will be individually assessed for impairment, except when volumes of defaults and losses are sufficient to justify treatment under a collective methodology. Loans considered as individually significant are typically to corporate and commercial customers, are for larger amounts and are managed on an individual basis. For these loans, HSBC considers on a case-by-case basis at each balance sheet date whether there is any objective evidence that a loan is impaired. The determination of the realisable value of security is based on the most recently updated market value at the time the impairment assessment is performed. The value is not adjusted for expected future changes in market prices, though adjustments are made to reflect local conditions such as forced sale discounts. Impairment losses are calculated by discounting the expected future cash flows of a loan, which include expected future receipts of contractual interest, at the loan’s original effective interest rate or an approximation thereof, and comparing the resultant present value with the loan’s current carrying amount. Collectively assessed loans and advances Impairment is assessed collectively to cover losses which have been incurred but have not yet been identified on loans subject to individual assessment or for homogeneous groups of loans that are not considered individually significant, which are generally retail lending portfolios. Incurred but not yet identified impairment Individually assessed loans for which no evidence of impairment has been specifically identified on an individual basis are grouped together according to their credit risk characteristics for a collective impairment assessment. This assessment captures impairment losses that HSBC has incurred as a result of events occurring before the balance sheet date that HSBC is not able to identify on an individual loan basis, and that can be reliably estimated. When information becomes available that identifies losses on individual loans within a group, those loans are removed from the group and assessed individually. Homogeneous groups of loans and advances Statistical methods are used to determine collective impairment losses for homogeneous groups of loans not considered individually significant. The methods used to calculate collective allowances are set out below: • When appropriate empirical information is available, HSBC utilises roll-rate methodology, which employs statistical analyses of historical data and experience of delinquency and default to reliably estimate the amount of the loans that will eventually be written off as a result of events occurring before the balance sheet date. Individual loans are grouped using ranges of past due days, and statistical estimates are made of the likelihood that loans in each range will progress through the various stages of delinquency and become irrecoverable. Additionally, individual loans are segmented based on their credit characteristics, such as industry sector, loan grade or product. In applying this methodology, adjustments are made to estimate the periods of time between a loss event occurring, for example because of a missed payment, and its confirmation through write-off (known as the loss identification period). Current economic conditions are also evaluated when calculating the appropriate level of allowance required to cover inherent loss. In certain highly developed markets, models also take into account behavioural and account management trends as revealed in, for example, bankruptcy and rescheduling statistics. • When the portfolio size is small or when information is insufficient or not reliable enough to adopt a roll-rate methodology, HSBC adopts a basic formulaic approach based on historical loss rate experience, or a discounted cash flow model. Where a basic formulaic approach is undertaken, the period between a loss event occurring and its identification is estimated by local management, and is typically between six and 12 months. Write-off of loans and advances Loans and the related impairment allowance accounts are normally written off, either partially or in full, when there is no realistic prospect of recovery. Where loans are secured, this is generally after receipt of any proceeds from the realisation of security. In circumstances where the net realisable value of any collateral has been determined and there is no reasonable expectation of further recovery, write-off may be earlier. Reversals of impairment If the amount of an impairment loss decreases in a subsequent period, and the decrease can be related objectively to an event occurring after the impairment was recognised, the excess is written back by reducing the loan impairment allowance account accordingly. The write-back is recognised in the income statement. Assets acquired in exchange for loans When non-financial assets acquired in exchange for loans as part of an orderly realisation are held for sale, these assets are recorded as ‘Assets held for sale.’ Renegotiated loans Loans subject to collective impairment assessment whose terms have been renegotiated are no longer considered past due, but are treated as up-to-date loans for measurement purposes once a minimum number of required payments has been received. Where collectively assessed loan portfolios include significant levels of renegotiated loans, these loans are segregated from other parts of the loan portfolio for the purposes of collective impairment assessment to reflect their risk profile. Loans subject to individual impairment assessment, whose terms have been renegotiated, are subject to ongoing review to determine whether they remain impaired. The carrying amounts of loans that have been classified as renegotiated retain this classification until maturity or derecognition. A loan that is renegotiated is derecognised if the existing agreement is cancelled and a new agreement made on substantially different terms or if the terms of an existing agreement are modified such that the renegotiated loan is substantially a different financial instrument. Any new loans that arise following derecognition events will continue to be disclosed as renegotiated loans and are assessed for impairment as above. Critical accounting estimates and judgements Loan impairment allowances represent management’s best estimate of losses incurred in the loan portfolios at the balance sheet date. Management is required to exercise judgement in making assumptions and estimates when calculating loan impairment allowances on both individually and collectively assessed loans and advances. Collective impairment allowances are subject to estimation uncertainty, in part because it is not practicable to identify losses on an individual loan basis due to the large number of individually insignificant loans in the portfolio. The estimation methods include the use of statistical analyses of historical information, supplemented with significant management judgement, to assess whether current economic and credit conditions are such that the actual level of incurred losses is likely to be greater or less than historical experience. Where changes in economic, regulatory or behavioural conditions result in the most recent trends in portfolio risk factors being not fully reflected in the statistical models, risk factors are taken into account by adjusting the impairment allowances derived solely from historical loss experience. Risk factors include loan portfolio growth, product mix, unemployment rates, bankruptcy trends, geographical concentrations, loan product features, economic conditions such as national and local trends in housing markets, the level of interest rates, portfolio seasoning, account management policies and practices, changes in laws and regulations, and other influences on customer payment patterns. Different factors are applied in different regions and countries to reflect local economic conditions, laws and regulations. The methodology and the assumptions used in calculating impairment losses are reviewed regularly in the light of differences between loss estimates and actual loss experience. For example, roll rates, loss rates and the expected timing of future recoveries are regularly benchmarked against actual outcomes to ensure they remain appropriate. For individually assessed loans, judgement is required in determining whether there is objective evidence that a loss event has occurred and, if so, the measurement of the impairment allowance. In determining whether there is objective evidence that a loss event has occurred, judgement is exercised in evaluating all relevant information on indicators of impairment, including the consideration of whether payments are contractually past due and the consideration of other factors indicating deterioration in the financial condition and outlook of borrowers, affecting their ability to pay. A higher level of judgement is required for loans to borrowers showing signs of financial difficulty in market sectors experiencing economic stress, particularly where the likelihood of repayment is affected by the prospects for refinancing or the sale of a specified asset. For those loans where objective evidence of impairment exists, management determines the size of the allowance required based on a range of factors such as the realisable value of security, the likely dividend available on liquidation or bankruptcy, the viability of the customer’s business model and the capacity to trade successfully out of financial difficulties and generate sufficient cash flow to service debt obligations. HSBC might provide loan forbearance to borrowers experiencing financial difficulties by agreeing to modify the contractual payment terms of loans in order to improve the management of customer relationships, maximise collection opportunities or avoid default or repossession. Where forbearance activities are significant, higher levels of judgement and estimation uncertainty are involved in determining their effects on loan impairment allowances. Judgements are involved in differentiating the credit risk characteristics of forbearance cases, including those which return to performing status following renegotiation. Where collectively assessed loan portfolios include significant levels of loan forbearance, portfolios are segmented to reflect the different credit risk characteristics of forbearance cases, and estimates are made of the incurred losses inherent within each forbearance portfolio segment. The exercise of judgement requires the use of assumptions which are highly subjective and very sensitive to the risk factors, in particular to changes in economic and credit conditions across a large number of geographical areas. Many of the factors have a high degree of interdependency and there is no single factor to which our loan impairment allowances as a whole are sensitive. Non-trading reverse repurchase, repurchase and similar agreements When debt securities are sold subject to a commitment to repurchase them at a predetermined price (‘repos’), they remain on the balance sheet and a liability is recorded in respect of the consideration received. Securities purchased under commitments to resell (‘reverse repos’) are not recognised on the balance sheet and an asset is recorded in respect of the initial consideration paid. Non-trading repos and reverse repos are measured at amortised cost. The difference between the sale and repurchase price or between the purchase and resale price is treated as interest and recognised in net interest income over the life of the agreement. Contracts that are economically equivalent to reverse repurchase or repurchase agreements (such as sales or purchases of debt securities entered into together with total return swaps with the same counterparty) are accounted for similarly to, and presented together with, reverse repurchase or repurchase agreements.
Financial instruments measured at fair value	Financial instruments measured at fair value Available-for-sale financial assets Available-for-sale financial assets are recognised on the trade date when HSBC enters into contractual arrangements to purchase them, and are normally derecognised when they are either sold or redeemed. They are subsequently remeasured at fair value, and changes therein are recognised in other comprehensive income until the assets are either sold or become impaired. Upon disposal, the cumulative gains or losses in other comprehensive income are recognised in the income statement as ‘Gains less losses from financial investments’. Impairment of available-for-sale financial assets Available-for-sale financial assets are assessed at each balance sheet date for objective evidence of impairment. Impairment losses are recognised in the income statement within ‘Loan impairment charges and other credit risk provisions’ for debt instruments and within ‘Gains less losses from financial investments’ for equities. Available-for-sale debt securities In assessing objective evidence of impairment at the reporting date, HSBC considers all available evidence, including observable data or information about events specifically relating to the securities which may result in a shortfall in the recovery of future cash flows. A subsequent decline in the fair value of the instrument is recognised in the income statement when there is objective evidence of impairment as a result of decreases in the estimated future cash flows. Where there is no further objective evidence of impairment, the decline in the fair value of the financial asset is recognised in other comprehensive income. If the fair value of a debt security increases in a subsequent period, and the increase can be objectively related to an event occurring after the impairment loss was recognised in the income statement, or the instrument is no longer impaired, the impairment loss is reversed through the income statement. Available-for-sale equity securities A significant or prolonged decline in the fair value of the equity below its cost is objective evidence of impairment. In assessing whether it is significant, the decline in fair value is evaluated against the original cost of the asset at initial recognition. In assessing whether it is prolonged, the decline is evaluated against the continuous period in which the fair value of the asset has been below its original cost at initial recognition. All subsequent increases in the fair value of the instrument are treated as a revaluation and are recognised in other comprehensive income. Subsequent decreases in the fair value of the available-for-sale equity security are recognised in the income statement to the extent that further cumulative impairment losses have been incurred. Impairment losses recognised on the equity security are not reversed through the income statement. Financial instruments designated at fair value Financial instruments, other than those held for trading, are classified in this category if they meet one or more of the criteria set out below, and are so designated irrevocably at inception: • the use of the designation removes or significantly reduces an accounting mismatch; • when a group of financial assets, liabilities or both is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy; and • where financial instruments contain one or more non-closely related embedded derivatives. Designated financial assets are recognised when HSBC enters into contracts with counterparties, which is generally on trade date, and are normally derecognised when the rights to the cash flows expire or are transferred. Designated financial liabilities are recognised when HSBC enters into contracts with counterparties, which is generally on settlement date, and are normally derecognised when extinguished. Subsequent changes in fair values are recognised in the income statement in ‘Net income/(expense) from financial instruments designated at fair value’. Under this criterion, the main classes of financial instruments designated by HSBC are: Long-term debt issues The interest and/or foreign exchange exposure on certain fixed rate debt securities issued has been matched with the interest and/or foreign exchange exposure on certain swaps as part of a documented risk management strategy. Financial assets and financial liabilities under unit-linked and non-linked investment contracts A contract under which HSBC does not accept significant insurance risk from another party is not classified as an insurance contract, other than investment contracts with discretionary participation features (‘DPF’), but is accounted for as a financial liability. See Note 1.2(f) for investment contracts with DPF and contracts where HSBC accepts significant insurance risk. Customer liabilities under linked and certain non-linked investment contracts issued by insurance subsidiaries and the corresponding financial assets are designated at fair value. Liabilities are at least equivalent to the surrender or transfer value which is calculated by reference to the value of the relevant underlying funds or indices. Premiums receivable and amounts withdrawn are accounted for as increases or decreases in the liability recorded in respect of investment contracts. The incremental costs directly related to the acquisition of new investment contracts or renewing existing investment contracts are deferred and amortised over the period during which the investment management services are provided. Derivatives Derivatives are financial instruments that derive their value from the price of underlying items such as equities, interest rates or other indices. Derivatives are recognised initially and are subsequently measured at fair value, with changes in fair value generally recorded in the income statement. Derivatives are classified as assets when their fair value is positive or as liabilities when their fair value is negative; this includes embedded derivatives which are bifurcated from the host contract when they meet the definition of a derivative on a stand-alone basis and are required by IFRSs to be accounted for separately from the host contract. Gains and losses from changes in the fair value of derivatives that do not qualify for hedge accounting are reported in ‘Net trading income’. Gains and losses on derivatives managed in conjunction with financial instruments designated at fair value are reported in ‘Net income from financial instruments designated at fair value’ together with the gains and losses on the economically hedged items. Where the derivatives are managed with debt securities issued by HSBC that are designated at fair value, the contractual interest is shown in ‘Interest expense’ together with the interest payable on the issued debt. Hedge accounting When derivatives are not part of fair value designated relationships, if held for risk management purposes they are designated in hedge accounting relationships where the required criteria for documentation and hedge effectiveness are met. HSBC uses these derivatives or, where allowed, other non-derivative hedging instruments in fair value hedges, cash flow hedges or hedges of net investments in foreign operations as appropriate to the risk being hedged. Fair value hedge Fair value hedge accounting does not change the recording of gains and losses on derivatives and other hedging instruments, but results in recognising changes in the fair value of the hedged assets or liabilities attributable to the hedged risk that would not otherwise be recognised in the income statement. If a hedge relationship no longer meets the criteria for hedge accounting, hedge accounting is discontinued; the cumulative adjustment to the carrying amount of the hedged item is amortised to the income statement on a recalculated effective interest rate, unless the hedged item has been derecognised, in which case it is recognised in the income statement immediately. Cash flow hedge The effective portion of gains and losses on hedging instruments is recognised in other comprehensive income; the ineffective portion Net investment hedge Hedges of net investments in foreign operations are accounted for in a similar way to cash flow hedges. The effective portion of gains and losses on the hedging instrument is recognised in other comprehensive income; other gains and losses are recognised immediately in the income statement. Gains and losses previously recognised in other comprehensive income are reclassified to the income statement on the disposal, or part disposal, of the foreign operation. Derivatives that do not qualify for hedge accounting Non-qualifying hedges are derivatives entered into as economic hedges of assets and liabilities for which hedge accounting was not applied.
Insurance contracts	Insurance contracts A contract is classified as an insurance contract where HSBC accepts significant insurance risk from another party by agreeing to compensate that party on the occurrence of a specified uncertain future event. An insurance contract may also transfer financial risk, but is accounted for as an insurance contract if the insurance risk is significant. In addition, HSBC issues investment contracts with DPF which are also accounted for as insurance contracts as required by IFRS 4 ‘Insurance Contracts’. Net insurance premium income Premiums for life insurance contracts are accounted for when receivable, except in unit-linked insurance contracts where premiums are accounted for when liabilities are established. Reinsurance premiums are accounted for in the same accounting period as the premiums for the direct insurance contracts to which they relate. Net insurance claims and benefits paid and movements in liabilities to policyholders Gross insurance claims for life insurance contracts reflect the total cost of claims arising during the year, including claim handling costs and any policyholder bonuses allocated in anticipation of a bonus declaration. Maturity claims are recognised when due for payment. Surrenders are recognised when paid or at an earlier date on which, following notification, the policy ceases to be included within the calculation of the related insurance liabilities. Death claims are recognised when notified. Reinsurance recoveries are accounted for in the same period as the related claim. Liabilities under insurance contracts Liabilities under non-linked life insurance contracts are calculated by each life insurance operation based on local actuarial principles. Liabilities under unit-linked life insurance contracts are at least equivalent to the surrender or transfer value, which is calculated by reference to the value of the relevant underlying funds or indices. Future profit participation on insurance contracts with DPF Where contracts provide discretionary profit participation benefits to policyholders, liabilities for these contracts include provisions for the future discretionary benefits to policyholders. These provisions reflect the actual performance of the investment portfolio to date and management’s expectation of the future performance of the assets backing the contracts, as well as other experience factors such as mortality, lapses and operational efficiency, where appropriate. The benefits to policyholders may be determined by the contractual terms, regulation, or past distribution policy. Investment contracts with DPF While investment contracts with DPF are financial instruments, they continue to be treated as insurance contracts as required by IFRS 4. The Group therefore recognises the premiums for these contracts as revenue and recognises as an expense the resulting increase in the carrying amount of the liability. In the case of net unrealised investment gains on these contracts, whose discretionary benefits principally reflect the actual performance of the investment portfolio, the corresponding increase in the liabilities is recognised in either the income statement or other comprehensive income, following the treatment of the unrealised gains on the relevant assets. In the case of net unrealised losses, a deferred participating asset is recognised only to the extent that its recoverability is highly probable. Movements in the liabilities arising from realised gains and losses on relevant assets are recognised in the income statement. Present value of in-force long-term insurance business HSBC recognises the value placed on insurance contracts and investment contracts with DPF, which are classified as long-term and in-force at the balance sheet date, as an asset. The asset represents the present value of the equity holders’ interest in the issuing insurance companies’ profits expected to emerge from these contracts written at the balance sheet date. The present value of in-force business (‘PVIF’) is determined by discounting those expected future profits using appropriate assumptions in assessing factors such as future mortality, lapse rates and levels of expenses, and a risk discount rate that reflects the risk premium attributable to the respective contracts. The PVIF incorporates allowances for both non-market risk and the value of financial options and guarantees. The PVIF asset is presented gross of attributable tax in the balance sheet and movements in the PVIF asset are included in ‘Other operating income’ on a gross of tax basis.
Employee compensation and benefits	Employee compensation and benefits Share-based payments HSBC enters into both equity-settled and cash-settled share-based payment arrangements with its employees as compensation for services provided by employees. The vesting period for these schemes may commence before the grant date if the employees have started to render services in respect of the award before the grant date. Expenses are recognised when the employee starts to render service to which the award relates. Cancellations result from the failure to meet a non-vesting condition during the vesting period, and are treated as an acceleration of vesting recognised immediately in the income statement. Failure to meet a vesting condition by the employee is not treated as a cancellation, and the amount of expense recognised for the award is adjusted to reflect the number of awards expected to vest. Post-employment benefit plans HSBC operates a number of pension schemes including defined benefit and defined contribution, and post-employment benefit schemes. Payments to defined contribution schemes are charged as an expense as the employees render service. Defined benefit pension obligations are calculated using the projected unit credit method. The net charge to the income statement mainly comprises the service cost and the net interest on the net defined benefit asset or liability, and is presented in operating expenses. Remeasurements of the net defined benefit asset or liability, which comprise actuarial gains and losses, return on plan assets excluding interest and the effect of the asset ceiling (if any, excluding interest), are recognised immediately in other comprehensive income. The net defined benefit asset or liability represents the present value of defined benefit obligations reduced by the fair value of plan assets, after applying the asset ceiling test, where the net defined benefit surplus is limited to the present value of available refunds and reductions in future contributions to the plan. The cost of obligations arising from other post-employment plans are accounted for on the same basis as defined benefit pension plans.
Tax	Tax Income tax comprises current tax and deferred tax. Income tax is recognised in the income statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity, in which case the tax is recognised in the same statement as the related item appears. Current tax is the tax expected to be payable on the taxable profit for the year and on any adjustment to tax payable in respect of previous years. HSBC provides for potential current tax liabilities that may arise on the basis of the amounts expected to be paid to the tax authorities. Payments associated with any incremental Base Erosion and Anti-Abuse Tax are reflected in tax expense in the period incurred. Deferred tax is recognised on temporary differences between the carrying amounts of assets and liabilities in the balance sheet, and the amounts attributed to such assets and liabilities for tax purposes. Deferred tax is calculated using the tax rates expected to apply in the periods in which the assets will be realised or the liabilities settled. Current and deferred tax are calculated based on tax rates and laws enacted, or substantively enacted, by the balance sheet date. Critical accounting estimates and judgements The recognition of a deferred tax asset relies on an assessment of the probability and sufficiency of future taxable profits, future reversals of existing taxable temporary differences and ongoing tax planning strategies. In the absence of a history of taxable profits, the most significant judgements relate to expected future profitability and to the applicability of tax planning strategies, including corporate reorganisations.
Provisions	Provisions Provisions are recognised when it is probable that an outflow of economic benefits will be required to settle a present legal or constructive obligation that has arisen as a result of past events and for which a reliable estimate can be made. Critical accounting estimates and judgements Judgement is involved in determining whether a present obligation exists and in estimating the probability, timing and amount of any outflows. Professional expert advice is taken on the assessment of litigation, property (including onerous contracts) and similar obligations. Provisions for legal proceedings and regulatory matters typically require a higher degree of judgement than other types of provisions. When matters are at an early stage, accounting judgements can be difficult because of the high degree of uncertainty associated with determining whether a present obligation exists, and estimating the probability and amount of any outflows that may arise. As matters progress, management and legal advisers evaluate on an ongoing basis whether provisions should be recognised, revising previous judgements and estimates as appropriate. At more advanced stages, it is typically easier to make judgements and estimates around a better defined set of possible outcomes. However, the amount provisioned can remain very sensitive to the assumptions used. There could be a wide range of possible outcomes for any pending legal proceedings, investigations or inquiries. As a result, it is often not practicable to quantify a range of possible outcomes for individual matters. It is also not practicable to meaningfully quantify ranges of potential outcomes in aggregate for these types of provisions because of the diverse nature and circumstances of such matters and the wide range of uncertainties involved. Provisions for customer remediation also require significant levels of estimation and judgement. The amounts of provisions recognised depend on a number of different assumptions, such as the volume of inbound complaints, the projected period of inbound complaint volumes, the decay rate of complaint volumes, the population identified as systemically mis-sold and the number of policies per customer complaint.
Contingent liabilities	Contingent liabilities Contingent liabilities, which include certain guarantees and letters of credit pledged as collateral security, and contingent liabilities related to legal proceedings or regulatory matters, are not recognised in the financial statements but are disclosed unless the probability of settlement is remote.
Financial guarantee contracts	Financial guarantee contracts Liabilities under financial guarantee contracts which are not classified as insurance contracts are recorded initially at their fair value, which is generally the fee received or present value of the fee receivable. HSBC Holdings has issued financial guarantees and similar contracts to other Group entities. HSBC elects to account for certain guarantees as insurance contracts in HSBC Holdings’ financial statements, in which case they are measured and recognised as insurance liabilities. This election is made on a contract-by-contract basis, and is irrevocable.
Credit quality of financial instruments	Unsecured personal facilities, including credit cards, are generally written off at between 150 and 210 days past due. The standard period runs until the end of the month in which the account becomes 180 days contractually delinquent. Write-off periods may be extended, generally to no more than 360 days past due. However, in exceptional circumstances, they may be extended further. For example, in a few countries where local regulation or legislation constrain earlier write-off, or where the realisation of collateral for secured real estate lending takes more time. For secured personal facilities, final write-off should generally occur within 60 months of the default. For the purpose of the following disclosure, loans past due up to 90 days and not otherwise classified as impaired are separately classified as past due but not impaired, irrespective of their credit quality grade. Trading assets, financial assets designated at fair value and financial investments exclude equity securities as they are not subject to credit risk. Impaired loans and advances are those that meet any of the following criteria: • Wholesale loans and advances classified as customer risk rating (‘CRR’) 9 or CRR 10: these grades are assigned when HSBC considers that the customer is either unlikely to pay their credit obligations in full without recourse to security, or is more than 90 days past due on any material credit obligation to HSBC. • Retail loans and advances classified as expected loss (‘EL’) 9 or EL 10: these grades are typically assigned to retail loans and advances more than 90 days past due unless they have been individually assessed as not impaired. • Renegotiated loans and advances: loans where we have changed the contractual cash flows due to credit distress of the obligor. Renegotiated loans remain classified as impaired until there is sufficient evidence to demonstrate a significant reduction in the risk of non-payment of future cash flows.
Basis of preparation	Basis of preparation The Group Chief Executive, supported by the rest of the GMB, is considered the Chief Operating Decision Maker (‘CODM’) for the purposes of identifying the Group’s reportable segments. Analysis by global business is considered more prominent than the geographical region view in the way the CODM assesses performance and allocates resources. The global businesses are therefore considered our reportable segments under IFRS 8. Global business results are assessed by the CODM on the basis of adjusted performance that removes the effects of significant items and currency translation from reported results. We therefore present these results on an adjusted basis as required by IFRSs. The 2016 and 2015 adjusted performance information is presented on a constant currency basis as described on page 32. As required by IFRS 8, reconciliations of the total adjusted global business results to the Group reported results are presented on page 64. Supplementary reconciliations from reported to adjusted results by global business are presented on pages 67 to 69 for information purposes. Our operations are closely integrated and, accordingly, the presentation of data includes internal allocations of certain items of income and expense. These allocations include the costs of certain support services and global functions to the extent that they can be meaningfully attributed to operational business lines and geographical regions. While such allocations have been made on a systematic and consistent basis, they necessarily involve a degree of subjectivity. Costs which are not allocated to global businesses are included in the Corporate Centre. Where relevant, income and expense amounts presented include the results of inter-segment funding along with inter-company and inter-business line transactions. All such transactions are undertaken on arm’s length terms. The intra-Group elimination items for the global businesses are presented in the Corporate Centre. The expense of the UK bank levy is included in the Europe geographical region as HSBC regards the levy as a cost of being headquartered in the UK. For the purposes of the presentation by global business, the cost of the levy is included in the Corporate Centre. The results of geographical regions are presented on a reported basis. Geographical information is classified by the location of the principal operations of the subsidiary or, for The Hongkong and Shanghai Banking Corporation, HSBC Bank plc, HSBC Bank Middle East and HSBC Bank USA, by the location of the branch responsible for reporting the results or providing funding.

Net income_(expense) from fin53

Net income/(expense) from financial instruments designated at fair value (Tables)	12 Months Ended
	Dec. 31, 2017
Analysis of income and expense [abstract]
Disclosure of income (expense) from financial instruments designated at fair value	2017 2016 2015 Footnote $m $m $m Net income/(expense) arising on: Financial assets Financial assets held to meet liabilities under insurance and investment contracts 3,211 1,480 531 Other financial assets designated at fair value 198 90 89 Derivatives managed with other financial assets designated at fair value (9 ) (43 ) 13 3,400 1,527 633 Financial liabilities Liabilities to customers under investment contracts (375 ) (218 ) 34 HSBC’s long-term debt issued and related derivatives 672 (3,975 ) 863 – changes in own credit spread on long-term debt 1 — (1,792 ) 1,002 – derivatives managed in conjunction with HSBC’s issued debt securities (273 ) (1,367 ) (1,997 ) – other changes in fair value 945 (816 ) 1,858 Other financial liabilities designated at fair value 1 (6 ) 3 Derivatives managed with other financial liabilities designated at fair value — 6 (1 ) 298 (4,193 ) 899 Year ended 31 Dec 3,698 (2,666 ) 1,532 1 From 1 January 2017, HSBC Holdings plc adopted, in its consolidated financial statements, the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value. As a result, changes in fair value attributable to changes in own credit risk are presented in other comprehensive income with the remaining effect presented in profit or loss. Net income/(expense) arising on HSBC Holdings’ long-term debt issued and related derivatives 2017 2016 2015 Footnote $m $m $m Net income/(expense) arising on: Financial assets: 211 — — – other financial assets designated at fair value 161 — — – derivatives managed with other financial assets designated at fair value 50 — — Financial liabilities 103 (49 ) 276 – changes in own credit spread on long-term debt 1 — — 348 – derivatives managed in conjunction with HSBC Holdings issued debt securities 292 (642 ) (927 ) – other changes in fair value (189 ) 593 855 Year ended 31 Dec 314 (49 ) 276 1 From 1 January 2016, HSBC Holdings plc adopted, in its separate financial statements, the requirements of IFRS 9 ‘Financial Instruments’ relating to the presentation of gains and losses on financial liabilities designated at fair value. As a result, changes in fair value attributable to changes in own credit risk are presented in other comprehensive income with the remaining effect presented in profit or loss.

Insurance business (Tables)

Insurance business (Tables)	12 Months Ended
	Dec. 31, 2017
Insurance Contracts [Abstract]
Schedule of net insurance premium income and liabilities under insurance contracts	Net insurance premium income Non-linked insurance Linked life insurance Investment contracts with DPF 1 Total $m $m $m $m Gross insurance premium income 8,424 351 2,027 10,802 Reinsurers’ share of gross insurance premium income (1,016 ) (7 ) — (1,023 ) Year ended 31 Dec 2017 7,408 344 2,027 9,779 Gross insurance premium income 8,036 675 1,877 10,588 Reinsurers’ share of gross insurance premium income (629 ) (8 ) — (637 ) Year ended 31 Dec 2016 7,407 667 1,877 9,951 Gross insurance premium income 7,506 1,409 2,097 11,012 Reinsurers’ share of gross insurance premium income (648 ) (9 ) — (657 ) Year ended 31 Dec 2015 6,858 1,400 2,097 10,355 1 Discretionary participation features. Net insurance claims and benefits paid and movement in liabilities to policyholders Non-linked insurance Linked life insurance Investment contracts with DPF 1 Total $m $m $m $m Gross claims and benefits paid and movement in liabilities 8,894 1,413 2,901 13,208 – claims, benefits and surrenders paid 2,883 1,044 2,002 5,929 – movement in liabilities 6,011 369 899 7,279 Reinsurers’ share of claims and benefits paid and movement in liabilities (942 ) 65 — (877 ) – claims, benefits and surrenders paid (297 ) (223 ) — (520 ) – movement in liabilities (645 ) 288 — (357 ) Year ended 31 Dec 2017 7,952 1,478 2,901 12,331 Gross claims and benefits paid and movement in liabilities 8,778 1,321 2,409 12,508 – claims, benefits and surrenders paid 2,828 749 2,017 5,594 – movement in liabilities 5,950 572 392 6,914 Reinsurers’ share of claims and benefits paid and movement in liabilities (560 ) (78 ) — (638 ) – claims, benefits and surrenders paid (112 ) (14 ) — (126 ) – movement in liabilities (448 ) (64 ) — (512 ) Year ended 31 Dec 2016 8,218 1,243 2,409 11,870 Gross claims and benefits paid and movement in liabilities 7,746 1,398 2,728 11,872 – claims, benefits and surrenders paid 3,200 1,869 2,101 7,170 – movement in liabilities 4,546 (471 ) 627 4,702 Reinsurers’ share of claims and benefits paid and movement in liabilities (575 ) (5 ) — (580 ) – claims, benefits and surrenders paid (153 ) (64 ) — (217 ) – movement in liabilities (422 ) 59 — (363 ) Year ended 31 Dec 2015 7,171 1,393 2,728 11,292 1 Discretionary participation features. Liabilities under insurance contracts Non-linked insurance Linked life insurance Investment contracts with DPF 1 Total Footnotes $m $m $m $m Gross liabilities under insurance contracts at 1 Jan 2017 46,043 6,949 22,281 75,273 Claims and benefits paid (2,883 ) (1,044 ) (2,002 ) (5,929 ) Increase in liabilities to policyholders 8,894 1,413 2,901 13,208 Exchange differences and other movements 2 58 230 2,827 3,115 Gross liabilities under insurance contracts at 31 Dec 2017 52,112 7,548 26,007 85,667 Reinsurers’ share of liabilities under insurance contracts (2,203 ) (268 ) — (2,471 ) Net liabilities under insurance contracts at 31 Dec 2017 49,909 7,280 26,007 83,196 Gross liabilities under insurance contracts at 1 Jan 2016 40,538 6,791 22,609 69,938 Claims and benefits paid (2,828 ) (749 ) (2,017 ) (5,594 ) Increase in liabilities to policyholders 8,778 1,321 2,409 12,508 Exchange differences and other movements 2 (445 ) (414 ) (720 ) (1,579 ) Gross liabilities under insurance contracts at 31 Dec 2016 46,043 6,949 22,281 75,273 Reinsurers’ share of liabilities under insurance contracts (1,500 ) (320 ) — (1,820 ) Net liabilities under insurance contracts at 31 Dec 2016 44,543 6,629 22,281 73,453 1 Discretionary participation features. 2 ‘Exchange differences and other movements’ includes movements in liabilities arising from net unrealised investment gains recognised in other comprehensive income.

Operating profit (Tables)

Operating profit (Tables)	12 Months Ended
	Dec. 31, 2017
Analysis of income and expense [abstract]
Components of operating profit	Operating profit is stated after the following items: 2017 2016 2015 $m $m $m Income Interest recognised on impaired financial assets 261 574 934 Fees earned on financial assets that are not at fair value through profit or loss (other than amounts included in determining the effective interest rate) 7,577 7,732 8,736 Fees earned on trust and other fiduciary activities 2,691 2,543 3,052 Expense Interest on financial instruments, excluding interest on financial liabilities held for trading or designated at fair value (10,912 ) (11,858 ) (13,680 ) Fees payable on financial liabilities that are not at fair value through profit or loss (other than amounts included in determining the effective interest rate) (1,475 ) (1,214 ) (1,251 ) Fees payable relating to trust and other fiduciary activities (134 ) (129 ) (166 ) Payments under lease and sublease agreements (936 ) (969 ) (1,190 ) – minimum lease payments (911 ) (945 ) (1,058 ) – contingent rents and sublease payments (25 ) (24 ) (132 ) UK bank levy (916 ) (922 ) (1,421 ) Restructuring provisions (204 ) (415 ) (430 ) Gains/(losses) Impairment of available-for-sale equity securities (98 ) (36 ) (111 ) Gains/(losses) recognised on assets held for sale 195 (206 ) (244 ) Gains on the partial sale of shareholding in Industrial Bank — — 1,372 Gain/(loss) on disposal of Brazilian operations 19 (1,743 ) — Loan impairment charges and other credit risk provisions (1,769 ) (3,400 ) (3,721 ) – net impairment charge on loans and advances (1,992 ) (3,350 ) (3,592 ) – release of impairment on available-for-sale debt securities 190 63 17 – other credit risk provisions 33 (113 ) (146 )
External net operating income by country	External net operating income is attributed to countries on the basis of the location of the branch responsible for reporting the results or advancing the funds: 2017 2016 2015 Footnote $m $m $m External net operating income by country 1 51,445 47,966 59,800 – UK 11,057 9,495 14,132 – Hong Kong 14,992 12,864 14,447 – US 4,573 5,094 5,541 – France 2,203 2,571 2,706 – other countries 18,620 17,942 22,974 – of which: Brazil 60 (204 ) 3,546 1 Net operating income before loan impairment charges and other credit risk provisions, also referred to as revenue.

Employee compensation and ben56

Employee compensation and benefits (Tables)	12 Months Ended
	Dec. 31, 2017
Employee Compensation And Benefits [Abstract]
Disclosure of employee compensation and benefits	2017 2016 2015 $m $m $m Wages and salaries 15,227 15,735 17,245 Social security costs 1,419 1,312 1,600 Post-employment benefits 669 1,042 1,055 Year ended 31 Dec 17,315 18,089 19,900
Disclosure of average number of employees	Average number of persons employed by HSBC during the year by global business 2017 2016 2015 Retail Banking and Wealth Management 134,021 137,234 155,859 Commercial Banking 46,716 45,912 51,007 Global Banking and Markets 49,100 47,623 49,912 Global Private Banking 7,817 8,322 8,934 Corporate Centre 7,134 7,842 2,721 Year ended 31 Dec 244,788 246,933 268,433 Average number of persons employed by HSBC during the year by geographical region 2017 2016 2015 Europe 70,301 71,196 68,408 Asia 125,004 122,282 121,438 Middle East and North Africa 10,408 12,021 14,467 North America 18,610 20,353 21,506 Latin America 20,465 21,081 42,614 Year ended 31 Dec 244,788 246,933 268,433
Disclosure of total incentive awards granted to income statement charge	Reconciliation of total incentive awards granted to income statement charge 2017 2016 2015 $m $m $m Total incentive awards approved for the current year 3,303 3,035 3,462 Less: deferred bonuses awarded, expected to be recognised in future periods (337 ) (323 ) (387 ) Total incentives awarded and recognised in the current year 2,966 2,712 3,075 Add: current year charges for deferred bonuses from previous years 336 371 483 Other (78 ) (128 ) (40 ) Income statement charge for incentive awards 3,224 2,955 3,518
Disclosure of deferred incentive awards recognized and expected to be recognized	Year in which income statement is expected to reflect deferred bonuses Charge recognised Expected charge 2017 2016 2015 2018 2019 and beyond $m $m $m $m $m Variable compensation from 2017 bonus pool 162 — — 162 175 Variable compensation from 2016 bonus pool 126 152 — 109 84 Variable compensation from 2015 bonus pool and earlier 210 168 253 82 21 Total 498 320 253 353 280 Cash awards 184 114 67 117 99 Equity awards 314 206 186 236 181
Explanation of effect of share-based payments on entity's profit or loss	‘Wages and salaries’ includes the effect of share-based payments arrangements, of which $500m were equity settled (2016: $534m ; 2015: $757m ), as follows: 2017 2016 2015 $m $m $m Restricted share awards 520 591 748 Savings-related and other share award option plans 26 33 43 Year ended 31 Dec 546 624 791
Disclosure of terms and conditions of share-based payment arrangement	HSBC share awards Award Policy Deferred share awards (including annual incentive awards, LTI awards delivered in shares) and GPSP • An assessment of performance over the relevant period ending on 31 December is used to determine the amount of the award to be granted. International Employee Share Purchase Plan (‘ShareMatch’) • The plan was first introduced in Hong Kong in 2013 and now includes employees based in 27 jurisdictions. HSBC share option plans Main plans Policy Savings-related share option plans (‘Sharesave’) • Two plans: the UK Plan and the International Plan. The last grant of options under the International Plan was in 2012.
Disclosure of number and weighted average exercise prices of other equity instruments	Movement on HSBC share awards 2017 2016 Number Number (000s) (000s) Restricted share awards outstanding at 1 Jan 123,166 118,665 Additions during the year 62,044 94,981 Released in the year (76,051 ) (76,552 ) Forfeited in the year (4,634 ) (13,928 ) Restricted share awards outstanding at 31 Dec 104,525 123,166 Weighted average fair value of awards granted ($) 7.09 7.25
Disclosure of number and weighted average exercise prices of share options	Movement on HSBC share option plans Savings-related Number WAEP 1 Footnotes (000s) £ Outstanding at 1 Jan 2017 70,027 4.30 Granted during the year 2 10,447 5.96 Exercised during the year 3 (9,503 ) 4.83 Expired during the year (3,902 ) 4.45 Forfeited during the year (2,399 ) 4.27 Outstanding at 31 Dec 2017 64,670 4.49 Of which exercisable 1,129 5.00 Weighted average remaining contractual life (years) 2.42 Outstanding at 1 Jan 2016 74,775 4.36 Granted during the year 2 15,044 4.40 Exercised during the year 3 (4,354 ) 5.02 Expired during the year (13,243 ) 4.49 Forfeited during the year (2,195 ) 4.34 Outstanding at 31 Dec 2016 70,027 4.30 Of which exercisable 1,086 5.25 Weighted average remaining contractual life (years) 2.91 1 Weighted average exercise price. 2 The weighted average fair value of options granted during the year was $1.29 (2016: $1.28 ). 3 The weighted average share price at the date the options were exercised was $9.93 (2016: $6.98 ).
Disclosure of defined benefit plan expense recognized In profit or loss explanatory	Income statement charge 2017 2016 2015 $m $m $m Defined benefit pension plans 100 218 256 Defined contribution pension plans 603 783 793 Pension plans 703 1,001 1,049 Defined benefit and contribution healthcare plans (34 ) 41 6 Year ended 31 Dec 669 1,042 1,055
Disclosure of net defined benefit liability (asset)	Net assets/(liabilities) recognised on the balance sheet in respect of defined benefit plans Fair value of Present value of defined benefit Effect of Total $m $m $m $m Defined benefit pension plans 47,265 (40,089 ) (37 ) 7,139 Defined benefit healthcare plans 124 (663 ) — (539 ) At 31 Dec 2017 47,389 (40,752 ) (37 ) 6,600 Total employee benefit liabilities (within ‘Accruals, deferred income and other liabilities’) (2,152 ) Total employee benefit assets (within ‘Prepayments, accrued income and other assets’) 8,752 Defined benefit pension plans 42,397 (39,747 ) (24 ) 2,626 Defined benefit healthcare plans 118 (711 ) — (593 ) At 31 Dec 2016 42,515 (40,458 ) (24 ) 2,033 Total employee benefit liabilities (within ‘Accruals, deferred income and other liabilities’) (2,681 ) Total employee benefit assets (within ‘Prepayments, accrued income and other assets’) 4,714 Net asset/(liability) under defined benefit pension plans Fair value of plan assets Present value of defined benefit obligations Effect of the asset ceiling Net defined benefit asset/(liability) Principal plan Other plans Principal plan Other plans Principal plan Other plans Principal plan Other plans $m $m $m $m $m $m $m $m At 1 Jan 2017 33,442 8,955 (29,279 ) (10,468 ) — (24 ) 4,163 (1,537 ) Current service cost — — (65 ) (160 ) — — (65 ) (160 ) Past service cost and gains/(losses) from settlements — (833 ) (231 ) 1,051 — — (231 ) 218 Service cost — (833 ) (296 ) 891 — — (296 ) 58 Net interest income/(cost) on the net defined benefit asset/(liability) 864 272 (750 ) (300 ) — (1 ) 114 (29 ) Re-measurement effects recognised in other comprehensive income 1,410 784 1,730 (486 ) — (9 ) 3,140 289 – return on plan assets (excluding interest income) 1,410 784 — — — — 1,410 784 – actuarial gains/(losses) — — 954 (491 ) — (9 ) 954 (500 ) – other changes — — 776 5 — — 776 5 Exchange differences 3,292 239 (2,723 ) (306 ) — (3 ) 569 (70 ) Contributions by HSBC 449 236 — — — — 449 236 – normal 58 215 — — — — 58 215 – special 391 21 — — — — 391 21 Contributions by employees — 27 — (27 ) — — — — Benefits paid (1,143 ) (663 ) 1,143 716 — — — 53 Administrative costs and taxes paid by plan (49 ) (17 ) 49 17 — — — — At 31 Dec 2017 38,265 9,000 (30,126 ) (9,963 ) — (37 ) 8,139 (1,000 ) Present value of defined benefit obligation relating to: – actives (5,837 ) (5,084 ) – deferreds (8,745 ) (1,663 ) – pensioners (15,544 ) (3,216 ) At 1 Jan 2016 32,670 8,754 (27,675 ) (10,651 ) — (14 ) 4,995 (1,911 ) Current service cost — — (70 ) (235 ) — — (70 ) (235 ) Past service cost and gains/(losses) from settlements — (1 ) — (39 ) — — — (40 ) Service cost — (1 ) (70 ) (274 ) — — (70 ) (275 ) Net interest income/(cost) on the net defined benefit asset/(liability) 1,085 294 (914 ) (337 ) — (1 ) 171 (44 ) Re-measurement effects recognised in other comprehensive income 6,449 671 (6,886 ) (299 ) — (8 ) (437 ) 364 – return on plan assets (excluding interest income) 6,449 671 — — — — 6,449 671 – actuarial gains/(losses) — — (7,029 ) (152 ) — (8 ) (7,029 ) (160 ) – other changes — — 143 (147 ) — — 143 (147 ) Exchange differences (6,097 ) (534 ) 5,254 410 — (1 ) (843 ) (125 ) Contributions by HSBC 347 379 — — — — 347 379 – normal 64 207 — — — — 64 207 – special 283 172 — — — — 283 172 Contributions by employees — 30 — (30 ) — — — — Benefits paid (970 ) (623 ) 970 698 — — — 75 Administrative costs and taxes paid by plan (42 ) (15 ) 42 15 — — — — At 31 Dec 2016 33,442 8,955 (29,279 ) (10,468 ) — (24 ) 4,163 (1,537 ) Present value of defined benefit obligation relating to: – actives (7,066 ) (5,066 ) – deferreds (9,219 ) (2,306 ) – pensioners (12,994 ) (3,096 )
Disclosure of information about maturity profile of defined benefit obligation	Benefits expected to be paid from the plans to retirees over each of the next five years, and in aggregate for the five years thereafter, are as follows: Benefits expected to be paid from plans 2018 2019 2020 2021 2022 2023-2027 Footnote $m $m $m $m $m $m The principal plan 1 1,241 1,279 1,320 1,360 1,402 7,692 Other plans 1 443 508 511 527 520 2,307 1 The duration of the defined benefit obligation is 17.4 years for the principal plan under the disclosure assumptions adopted (2016: 19.0 years) and 12.9 years for all other plans combined (2016: 13.9 years).
Disclosure of fair value of plan assets	Fair value of plan assets by asset classes 31 Dec 2017 31 Dec 2016 Value Quoted No quoted Thereof 1 Value Quoted No quoted Thereof 1 $m $m $m $m $m $m $m $m The principal plan Fair value of plan assets 38,265 33,624 4,641 1,006 33,442 29,379 4,063 878 – equities 6,131 5,503 628 — 5,386 4,722 664 — – bonds 26,591 26,591 — — 23,426 23,426 — — – derivatives 2,398 — 2,398 1,006 2,107 — 2,107 878 – other 3,145 1,530 1,615 — 2,523 1,231 1,292 — Other plans Fair value of plan assets 9,000 7,737 1,263 114 8,955 7,631 1,324 239 – equities 2,005 1,340 665 — 2,255 1,502 753 — – bonds 5,871 5,714 157 7 5,811 5,592 219 5 – derivatives — 39 (39 ) — (89 ) 44 (133 ) (85 ) – other 1,124 644 480 107 978 493 485 319 1 The fair value of plan assets includes derivatives entered into with HSBC Bank plc as detailed in Note 35 .
Disclosure of defined benefit plans	Key actuarial assumptions for the principal plan Discount rate Inflation rate Rate of increase for pensions Rate of pay increase % % % % UK At 31 Dec 2017 2.60 3.40 3.10 3.88 At 31 Dec 2016 2.50 3.50 3.20 4.00 At 31 Dec 2015 3.70 3.20 3.00 3.70 Mortality tables and average life expectancy at age 65 for the principal plan Mortality table Life expectancy at age 65 for a male member currently: Life expectancy at age 65 for a female member currently: Aged 65 Aged 45 Aged 65 Aged 45 UK At 31 Dec 2017 SAPS S2 1 22.2 23.6 24.4 25.9 At 31 Dec 2016 SAPS S2 2 22.4 24.1 24.7 26.6 1 Self-administered pension scheme (‘SAPS’) S2 table (males: 'All Pensioners' version; females: 'Normal Pensions' version) with a multiplier of 0.98 for both male and female pensioners. Improvements are projected in accordance with the Continuous Mortality Investigation (‘CMI’) core projection model 2016 with a long-term rate of improvement of 1.25% per annum. Separate tables assuming lighter mortality have been applied to higher paid pensioners. 2 Self-administered pension scheme (‘SAPS’) S2 table (males: 'All Pensioners' version; females: 'Normal Pensions' version) with a multiplier of 0.98 for both male and female pensioners. Improvements are projected in accordance with the Continuous Mortality Investigation (‘CMI’) core projection model 2015 with a long-term rate of improvement of 1.25% per annum. Separate tables assuming lighter mortality have been applied to higher paid pensioners.
Disclosure of sensitivity analysis for actuarial assumptions	The effect of changes in key assumptions on the principal plan Impact on HSBC Bank (UK) Pension Scheme Obligation Financial impact of increase Financial impact of decrease 2017 2016 2017 2016 $m $m $m $m Discount rate – increase/decrease of 0.25% (1,246 ) (1,322 ) 1,333 1,419 Inflation rate – increase/decrease of 0.25% 850 735 (837 ) (1,048 ) Pension payments and deferred pensions – increase/decrease of 0.25% 1,077 1,305 (1,021 ) (1,255 ) Pay – increase/decrease of 0.25% 62 143 (61 ) (139 ) Change in mortality – increase of 1 year 1,332 1,326 n/a n/a

Auditors' remuneration (Tables)

Auditors' remuneration (Tables)	12 Months Ended
	Dec. 31, 2017
Additional information [abstract]
Schedule of auditors' remuneration	2017 2016 2015 Footnote $m $m $m Audit fees payable to PwC 1 84.8 65.7 62.0 Other audit fees payable 1.2 1.6 1.2 Year ended 31 Dec 86.0 67.3 63.2 Fees payable by HSBC to PwC 2017 2016 2015 Footnotes $m $m $m Fees for HSBC Holdings’ statutory audit 2 15.1 14.0 13.1 Fees for other services provided to HSBC 114.6 97.1 85.1 – audit of HSBC’s subsidiaries 3 69.7 51.7 48.9 – audit-related assurance services 4 22.5 20.6 16.6 – taxation compliance services 1.2 1.9 1.0 – taxation advisory services — 0.4 0.9 – other assurance services 5 3.9 4.5 2.8 – other non-audit services 5 17.3 18.0 14.9 Year ended 31 Dec 129.7 111.1 98.2
Schedule of fees payable by HSBC's associated pension schemes to PwC	Fees payable by HSBC’s associated pension schemes to PwC 2017 2016 2015 $000 $000 $000 Audit of HSBC’s associated pension schemes 260 208 352 Audit related assurance services 4 4 5 Year ended 31 Dec 264 212 357 1 The 2016 audit fees payable amount includes $4.2m related to the prior year audit in respect of overruns. 2 Fees payable to PwC for the statutory audit of the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. They include amounts payable for services relating to the consolidation returns of HSBC Holdings’ subsidiaries which are clearly identifiable as being in support of the Group audit opinion. 3 Fees payable for the statutory audit of the financial statements of HSBC’s subsidiaries, including the 2017 and 2016 changes in scope and additional procedures performed due to the technology systems and data access controls matter as described on page 210 . 4 Including services for assurance and other services that relate to statutory and regulatory filings, including comfort letters and interim reviews and work performed related to the implementation of IFRS 9. 5 Including other permitted services relating to advisory, corporate finance transactions, etc.

Tax (Tables)

Tax (Tables)	12 Months Ended
	Dec. 31, 2017
Income Taxes [Abstract]
Schedule of tax expense	Tax expense 2017 2016 2015 Footnote $m $m $m Current tax 1 4,264 3,669 3,797 – for this year 4,115 3,525 3,882 – adjustments in respect of prior years 149 144 (85 ) Deferred tax 1,024 (3 ) (26 ) – origination and reversal of temporary differences (228 ) (111 ) (153 ) – effect of changes in tax rates 1,337 (4 ) 110 – adjustments in respect of prior years (85 ) 112 17 Year ended 31 Dec 5,288 3,666 3,771 1 Current tax included Hong Kong profits tax of $1,350m (2016: $1,118m ; 2015: $1,294m ). The Hong Kong tax rate applying to the profits of subsidiaries assessable in Hong Kong was 16.5% (2016: 16.5% ; 2015: 16.5% ).
Schedule of tax reconciliation	The tax charged to the income statement differs from the tax charge that would apply if all profits had been taxed at the UK corporation tax rate as follows: 2017 2016 2015 $m % $m % $m % Profit before tax 17,167 7,112 18,867 Tax expense Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 3,305 19.25 1,422 20.00 3,821 20.25 Impact of differently taxed overseas profits in overseas locations 407 2.3 43 0.6 71 0.4 Items increasing tax charge in 2017 not in 2016: – deferred tax remeasurement due to US federal tax rate reduction 1,288 7.5 — — — — Other items increasing tax charge in 2017: – local taxes and overseas withholding taxes 618 3.6 434 6.1 416 2.2 – other permanent disallowables 400 2.3 438 6.2 421 2.2 – bank levy 180 1.0 170 2.4 286 1.5 – non-deductible UK customer compensation 166 1.0 162 2.3 87 0.5 – UK banking surcharge 136 0.8 199 2.8 — — – UK tax losses not recognised 70 0.4 305 4.3 — — – adjustments in respect of prior period liabilities 64 0.4 256 3.6 (68 ) (0.4 ) – change in tax rates 49 0.3 (4 ) (0.1 ) 110 0.6 – non-UK tax losses not recognised 33 0.2 147 2.1 — — – non-deductible goodwill write-down — — 648 9.1 — — – non-deductible loss and taxes suffered on Brazil disposal — — 464 6.5 — — Items reducing tax charge in 2017: – non-taxable income and gains (766 ) (4.4 ) (577 ) (8.1 ) (501 ) (2.7 ) – effect of profits in associates and joint ventures (481 ) (2.8 ) (461 ) (6.5 ) (508 ) (2.7 ) – non-deductible regulatory settlements (132 ) (0.8 ) 20 0.3 184 1.0 – other deferred tax temporary differences previously not recognised (49 ) (0.3 ) — — (21 ) (0.1 ) – non-taxable income and gains - Industrial Bank — — — — (227 ) (1.2 ) – US deferred tax temporary differences previously not recognised — — — — (184 ) (1.0 ) – other items — — — — (116 ) (0.6 ) Year ended 31 Dec 5,288 30.8 3,666 51.6 3,771 20.0
Schedule of movement of deferred tax assets and liabilities	Movement of deferred tax assets and liabilities Loan Unused tax Derivatives, 1 and other Insurance Expense Other Total Footnote $m $m $m $m $m $m $m Assets 950 2,212 1,441 — 893 1,857 7,353 Liabilities — — (274 ) (1,170 ) — (1,369 ) (2,813 ) At 1 Jan 2017 950 2,212 1,167 (1,170 ) 893 488 4,540 Income statement (235 ) (873 ) (397 ) 12 (269 ) 738 (1,024 ) Other comprehensive income 3 (6 ) 368 — — (1,255 ) (890 ) Equity — — — — — 29 29 Foreign exchange and other adjustments (5 ) 40 51 (24 ) 19 (42 ) 39 At 31 Dec 2017 713 1,373 1,189 (1,182 ) 643 (42 ) 2,694 Assets 2 713 1,373 1,282 — 643 2,313 6,324 Liabilities 2 — — (93 ) (1,182 ) — (2,355 ) (3,630 ) Assets 1,351 1,388 1,400 — 1,271 1,050 6,460 Liabilities — — (230 ) (1,056 ) — (883 ) (2,169 ) At 1 Jan 2016 1,351 1,388 1,170 (1,056 ) 1,271 167 4,291 Income statement (279 ) 876 18 (123 ) (370 ) (314 ) (192 ) Other comprehensive income — — 28 — — 259 287 Equity — — — — — 20 20 Foreign exchange and other adjustments (122 ) (52 ) (49 ) 9 (8 ) 356 134 At 31 Dec 2016 950 2,212 1,167 (1,170 ) 893 488 4,540 Assets 2 950 2,212 1,441 — 893 1,857 7,353 Liabilities 2 — — (274 ) (1,170 ) — (1,369 ) (2,813 ) 1 Fair value of own debt. 2 After netting off balances within countries, the balances as disclosed in the accounts are as follows: deferred tax assets $4,676m (2016: $6,163m ); and deferred tax liabilities $1,982m (2016: $1,623m ).

Dividends (Tables)

Dividends (Tables)	12 Months Ended
	Dec. 31, 2017
Interim Financial Reporting [Abstract]
Disclosure of dividends to shareholders	Dividends to shareholders of the parent company 2017 2016 2015 Per Total Settled Per Total Settled Per Total Settled $ $m $m $ $m $m $ $m $m Dividends paid on ordinary shares In respect of previous year: – fourth interim dividend 0.21 4,169 1,945 0.21 4,137 408 0.20 3,845 2,011 In respect of current year: – first interim dividend 0.10 2,005 826 0.10 1,981 703 0.10 1,951 231 – second interim dividend 0.10 2,014 193 0.10 1,991 994 0.10 1,956 160 – third interim dividend 0.10 2,005 242 0.10 1,990 935 0.10 1,958 760 Total 0.51 10,193 3,206 0.51 10,099 3,040 0.50 9,710 3,162 Total dividends on preference shares classified as equity (paid quarterly) 62.00 90 62.00 90 62.00 90
Disclosure of coupons on capital securities classified as equity	Total coupons on capital securities classified as equity 2017 2016 2015 Total Total Total Footnotes First call date Per security $m $m $m Perpetual subordinated capital securities 1, 3 – $2,200m issued at 8.125% Apr 2013 $2.032 179 179 179 – $3,800m issued at 8.000% Dec 2015 $2.000 304 304 304 Perpetual subordinated contingent convertible securities 2, 3 – $1,500m issued at 5.625% Jan 2020 $56.250 84 84 70 – $2,000m issued at 6.875% Jun 2021 $68.750 138 69 — – $2,250m issued at 6.375% Sep 2024 $63.750 143 143 143 – $2,450m issued at 6.375% Mar 2025 $63.750 156 156 78 – $3,000m issued at 6.000% May 2027 $60.000 90 — — – €1,500m issued at 5.250% Sep 2022 €52.500 89 88 86 – €1,000m issued at 6.000% Sep 2023 €60.000 68 67 — – SGD1,000m issued at 4.700% Jun 2022 SGD47.000 17 — — Total 1,268 1,090 860 1 Discretionary coupons are paid quarterly on the perpetual subordinated capital securities, in denominations of $25 per security. 2 Discretionary coupons are paid semi-annually on the perpetual subordinated contingent convertible securities, in denominations of each security’s issuance currency 1,000 per security. 3 Further details of these securities can be found in Note 31 .

Earnings per share (Tables)

Earnings per share (Tables)	12 Months Ended
	Dec. 31, 2017
Earnings per share [abstract]
Disclosure of detailed information on earnings per share	Profit attributable to the ordinary shareholders of the parent company 2017 2016 2015 $m $m $m Profit attributable to shareholders of the parent company 10,798 2,479 13,522 Dividend payable on preference shares classified as equity (90 ) (90 ) (90 ) Coupon payable on capital securities classified as equity (1,025 ) (1,090 ) (860 ) Year ended 31 Dec 9,683 1,299 12,572 Basic and diluted earnings per share 2017 2016 2015 Profit Number Per Profit Number of shares Per share Profit Number of shares Per share Footnote $m (millions) $ $m (millions) $ $m (millions) $ Basic 1 9,683 19,972 0.48 1,299 19,753 0.07 12,572 19,380 0.65 Effect of dilutive potential ordinary shares 100 92 137 Diluted 1 9,683 20,072 0.48 1,299 19,845 0.07 12,572 19,517 0.64 1 Weighted average number of ordinary shares outstanding (basic) or assuming dilution (diluted).

Trading assets (Tables)

Trading assets (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of trading securities	2017 2016 Footnote $m $m Treasury and other eligible bills 17,532 14,451 Debt securities 107,486 94,054 Equity securities 99,260 63,604 Trading securities 224,278 172,109 Loans and advances to banks 1 26,057 24,769 Loans and advances to customers 1 37,660 38,247 At 31 Dec 287,995 235,125 1 Loans and advances to banks and customers include settlement accounts, stock borrowing, reverse repos, cash collateral and margin accounts relating to trading activities. Trading Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 15,995 17,010 UK Government 9,540 9,493 Hong Kong Government 10,070 7,970 Other governments 58,858 49,229 Asset-backed securities 3 2,986 2,668 Corporate debt and other securities 27,569 22,135 Equity securities 99,260 63,604 At 31 Dec 224,278 172,109 1 Included within these figures are debt securities issued by banks and other financial institutions of $18,585m (2016: $14,630m ), of which $906m (2016: $789m ) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies. 2017 2016 $m $m Securities 29,456 24,677 – treasury and other eligible bills 606 204 – debt securities 4,090 4,189 – equity securities 24,760 20,284 Loans and advances to banks and customers 8 79 At 31 Dec 29,464 24,756 Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 — 104 UK Government 17 41 Hong Kong Government 64 16 Other governments 1,247 747 Asset-backed securities 3 2 20 Corporate debt and other securities 3,366 3,465 Equities 24,760 20,284 At 31 Dec 29,456 24,677 1 Included within these figures are debt securities issued by banks and other financial institutions of $ 1,621 m ( 2016 : $ 1,766 m), of which $ 0.4 m ( 2016 : $ 19 m) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies. Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300

Fair values of financial inst62

Fair values of financial instruments carried at fair value (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Measurement [Abstract]
Disclosure of fair value measurement of assets	Financial instruments carried at fair value and bases of valuation 2017 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total $m $m $m $m $m $m $m $m Recurring fair value measurements Assets Trading assets 181,168 101,775 5,052 287,995 133,744 94,892 6,489 235,125 Financial assets designated at fair value 24,622 3,382 1,460 29,464 19,882 4,144 730 24,756 Derivatives 1,017 216,357 2,444 219,818 1,076 287,044 2,752 290,872 Financial investments: available for sale 227,943 104,692 3,432 336,067 274,655 111,743 3,476 389,874 Liabilities Trading liabilities 62,710 117,451 4,200 184,361 45,171 104,938 3,582 153,691 Financial liabilities designated at fair value 4,164 90,265 — 94,429 4,248 82,547 37 86,832 Derivatives 1,635 213,242 1,944 216,821 1,554 275,965 2,300 279,819 Transfers between Level 1 and Level 2 fair values Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives $m $m $m $m $m $m $m At 31 Dec 2017 Transfers from Level 1 to Level 2 2,231 1,507 — — 35 — — Transfers from Level 2 to Level 1 11,173 1,384 — — 683 — — At 31 Dec 2016 Transfers from Level 1 to Level 2 162 1,614 122 465 2,699 — 209 Transfers from Level 2 to Level 1 1,314 — — — 341 — — Financial instruments measured at fair value using a valuation technique with significant unobservable inputs – Level 3 Assets Liabilities Available for sale Held for trading Designated at fair value Derivatives Total Held for trading Designated at fair value Derivatives Total $m $m $m $m $m $m $m $m $m Private equity including strategic investments 2,012 38 1,458 — 3,508 20 — — 20 Asset-backed securities 1,300 1,277 — — 2,577 — — — — Loans held for securitisation — 24 — — 24 — — — — Structured notes — 3 — — 3 4,180 — — 4,180 Derivatives with monolines — — — 113 113 — — — — Other derivatives — — — 2,331 2,331 — — 1,944 1,944 Other portfolios 120 3,710 2 — 3,832 — — — — At 31 Dec 2017 3,432 5,052 1,460 2,444 12,388 4,200 — 1,944 6,144 Private equity including strategic investments 2,435 49 712 — 3,196 25 — — 25 Asset-backed securities 761 789 — — 1,550 — — — — Loans held for securitisation — 28 — — 28 — — — — Structured notes — 2 — — 2 3,557 — — 3,557 Derivatives with monolines — — — 175 175 — — — — Other derivatives — — — 2,577 2,577 — — 2,300 2,300 Other portfolios 280 5,621 18 — 5,919 — 37 — 37 At 31 Dec 2016 3,476 6,489 730 2,752 13,447 3,582 37 2,300 5,919 Movement in Level 3 financial instruments Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives Footnote $m $m $m $m $m $m $m At 1 Jan 2017 3,476 6,489 730 2,752 3,582 37 2,300 Total gains/(losses) recognised in profit or loss 351 (188 ) (107 ) 152 154 (5 ) 400 – trading income/(expense) excluding net interest income — (188 ) — 152 154 — 400 – net income/(expense) from other financial instruments designated at fair value — — (107 ) — — (5 ) — – gains less losses from financial investments 313 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 38 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 71 106 7 188 169 1 120 – available-for-sale investments: fair value gains/(losses) (30 ) — — — — — — – cash flow hedges: fair value gains/(losses) — (1 ) 3 (23 ) — — (35 ) – exchange differences 101 107 4 211 169 1 155 Purchases 200 1,503 1,127 2 5 — 23 New issuances — — — 1 1,915 — — Sales (939 ) (3,221 ) (130 ) (8 ) (12 ) — (12 ) Settlements (69 ) (331 ) (166 ) (60 ) (998 ) — (123 ) Transfers out (565 ) (149 ) (3 ) (885 ) (678 ) (33 ) (1,030 ) Transfers in 907 843 2 302 63 — 266 At 31 Dec 2017 3,432 5,052 1,460 2,444 4,200 — 1,944 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2016 16 (110 ) (146 ) 218 (117 ) — (397 ) – trading income/(expense) excluding net interest income — (110 ) — 218 (117 ) — (397 ) – net income/(expense) from other financial instruments designated at fair value — — (146 ) — — — — – loan impairment charges and other credit risk provisions 16 — — — — — — At 1 Jan 2016 4,727 6,856 474 2,262 4,285 3 1,210 Total gains/(losses) recognised in profit or loss 178 31 25 1,107 337 (1 ) 1,428 – trading income/(expense) excluding net interest income — 31 — 1,107 337 — 1,428 – net income from other financial instruments designated at fair value — — 25 — — (1 ) — – gains less losses from financial investments 91 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 87 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 (162 ) (610 ) (8 ) (335 ) (130 ) (1 ) (240 ) – available-for-sale investments: fair value gains/(losses) 123 — — — — — — – cash flow hedges: fair value gains/(losses) — — — — — — 12 – exchange differences (285 ) (610 ) (8 ) (335 ) (130 ) (1 ) (252 ) Purchases 350 823 359 — 20 6 — New issuances — — — — 1,882 — — Sales (1,212 ) (1,760 ) (7 ) — (40 ) (2 ) — Settlements (177 ) (311 ) (113 ) (107 ) (1,907 ) — (239 ) Transfers out (947 ) (199 ) (2 ) (187 ) (920 ) — (229 ) Transfers in 719 1,659 2 12 55 32 370 At 31 Dec 2016 3,476 6,489 730 2,752 3,582 37 2,300 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2015 87 (170 ) 21 364 (143 ) 1 (335 ) – trading income/(expense) excluding net interest income — (170 ) — 364 (143 ) — (335 ) – net income from other financial instruments designated at fair value — — 21 — — 1 — – loan impairment charges and other credit risk provisions 87 — — — — — — 1 Included in ‘Available-for-sale investments: fair value gains/(losses)’ and ‘Exchange differences’ in the consolidated statement of comprehensive income. Basis of valuing HSBC Holdings’ financial assets and liabilities measured at fair value 2017 2016 $m $m Valuation technique using observable inputs: Level 2 Assets at 31 Dec – derivatives 2,388 2,148 – financial investments in HSBC undertakings 4,264 3,590 – loans and advances to HSBC undertakings designated at fair value 11,944 — Liabilities at 31 Dec – designated at fair value 30,890 30,113 – derivatives 3,082 5,025 Fair values of financial instruments not carried at fair value and bases of valuation Fair value Carrying Quoted market Observable Significant Total $m $m $m $m $m At 31 Dec 2017 Assets Loans and advances to banks 90,393 — 87,384 3,007 90,391 Loans and advances to customers 962,964 — 20,029 944,176 964,205 Reverse repurchase agreements – non-trading 201,553 — 200,012 1,526 201,538 Financial investments – debt securities 52,919 1,363 52,707 17 54,087 Liabilities Deposits by banks 69,922 — 69,862 30 69,892 Customer accounts 1,364,462 — 1,353,017 11,608 1,364,625 Repurchase agreements – non-trading 130,002 1 129,995 — 129,996 Debt securities in issue 64,546 — 65,138 — 65,138 Subordinated liabilities 19,826 — 23,740 355 24,095 At 31 Dec 2016 Assets Loans and advances to banks 88,126 — 85,568 2,572 88,140 Loans and advances to customers 861,504 — 15,670 845,894 861,564 Reverse repurchase agreements – non-trading 160,974 — 159,504 1,527 161,031 Financial investments – debt securities 46,923 1,190 46,014 19 47,223 Liabilities Deposits by banks 59,939 — 59,883 42 59,925 Customer accounts 1,272,386 — 1,262,540 10,136 1,272,676 Repurchase agreements – non-trading 88,958 — 88,939 — 88,939 Debt securities in issue 65,915 — 66,386 — 66,386 Subordinated liabilities 20,984 — 23,264 292 23,556 Carrying amount and fair value of loans and advances to customers by industry sector Carrying amount Fair value Not Impaired Impaired Total Not Impaired Impaired Total $m $m $m $m $m $m Loans and advances to customers – personal 370,842 3,920 374,762 371,131 3,257 374,388 – corporate and commercial 510,784 5,970 516,754 512,597 5,769 518,366 – financial 71,377 71 71,448 71,351 100 71,451 At 31 Dec 2017 953,003 9,961 962,964 955,079 9,126 964,205 Loans and advances to customers – personal 332,574 5,252 337,826 330,167 4,597 334,764 – corporate and commercial 453,151 7,058 460,209 456,816 6,393 463,209 – financial 63,316 153 63,469 63,411 180 63,591 At 31 Dec 2016 849,041 12,463 861,504 850,394 11,170 861,564 Fair values of HSBC Holdings’ financial instruments not carried at fair value on the balance sheet 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Assets at 31 Dec Loans and advances to HSBC undertakings 76,627 78,534 77,421 79,985 Liabilities at 31 Dec Amounts owed to HSBC undertakings 2,571 2,571 2,157 2,156 Debt securities in issue 34,258 36,611 21,805 23,147 Subordinated liabilities 15,877 19,596 15,189 17,715 1 Fair values were determined using valuation techniques with observable inputs (Level 2).
Disclosure of fair value measurement of liabilities	Financial instruments carried at fair value and bases of valuation 2017 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total $m $m $m $m $m $m $m $m Recurring fair value measurements Assets Trading assets 181,168 101,775 5,052 287,995 133,744 94,892 6,489 235,125 Financial assets designated at fair value 24,622 3,382 1,460 29,464 19,882 4,144 730 24,756 Derivatives 1,017 216,357 2,444 219,818 1,076 287,044 2,752 290,872 Financial investments: available for sale 227,943 104,692 3,432 336,067 274,655 111,743 3,476 389,874 Liabilities Trading liabilities 62,710 117,451 4,200 184,361 45,171 104,938 3,582 153,691 Financial liabilities designated at fair value 4,164 90,265 — 94,429 4,248 82,547 37 86,832 Derivatives 1,635 213,242 1,944 216,821 1,554 275,965 2,300 279,819 Transfers between Level 1 and Level 2 fair values Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives $m $m $m $m $m $m $m At 31 Dec 2017 Transfers from Level 1 to Level 2 2,231 1,507 — — 35 — — Transfers from Level 2 to Level 1 11,173 1,384 — — 683 — — At 31 Dec 2016 Transfers from Level 1 to Level 2 162 1,614 122 465 2,699 — 209 Transfers from Level 2 to Level 1 1,314 — — — 341 — — Financial instruments measured at fair value using a valuation technique with significant unobservable inputs – Level 3 Assets Liabilities Available for sale Held for trading Designated at fair value Derivatives Total Held for trading Designated at fair value Derivatives Total $m $m $m $m $m $m $m $m $m Private equity including strategic investments 2,012 38 1,458 — 3,508 20 — — 20 Asset-backed securities 1,300 1,277 — — 2,577 — — — — Loans held for securitisation — 24 — — 24 — — — — Structured notes — 3 — — 3 4,180 — — 4,180 Derivatives with monolines — — — 113 113 — — — — Other derivatives — — — 2,331 2,331 — — 1,944 1,944 Other portfolios 120 3,710 2 — 3,832 — — — — At 31 Dec 2017 3,432 5,052 1,460 2,444 12,388 4,200 — 1,944 6,144 Private equity including strategic investments 2,435 49 712 — 3,196 25 — — 25 Asset-backed securities 761 789 — — 1,550 — — — — Loans held for securitisation — 28 — — 28 — — — — Structured notes — 2 — — 2 3,557 — — 3,557 Derivatives with monolines — — — 175 175 — — — — Other derivatives — — — 2,577 2,577 — — 2,300 2,300 Other portfolios 280 5,621 18 — 5,919 — 37 — 37 At 31 Dec 2016 3,476 6,489 730 2,752 13,447 3,582 37 2,300 5,919 Movement in Level 3 financial instruments Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives Footnote $m $m $m $m $m $m $m At 1 Jan 2017 3,476 6,489 730 2,752 3,582 37 2,300 Total gains/(losses) recognised in profit or loss 351 (188 ) (107 ) 152 154 (5 ) 400 – trading income/(expense) excluding net interest income — (188 ) — 152 154 — 400 – net income/(expense) from other financial instruments designated at fair value — — (107 ) — — (5 ) — – gains less losses from financial investments 313 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 38 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 71 106 7 188 169 1 120 – available-for-sale investments: fair value gains/(losses) (30 ) — — — — — — – cash flow hedges: fair value gains/(losses) — (1 ) 3 (23 ) — — (35 ) – exchange differences 101 107 4 211 169 1 155 Purchases 200 1,503 1,127 2 5 — 23 New issuances — — — 1 1,915 — — Sales (939 ) (3,221 ) (130 ) (8 ) (12 ) — (12 ) Settlements (69 ) (331 ) (166 ) (60 ) (998 ) — (123 ) Transfers out (565 ) (149 ) (3 ) (885 ) (678 ) (33 ) (1,030 ) Transfers in 907 843 2 302 63 — 266 At 31 Dec 2017 3,432 5,052 1,460 2,444 4,200 — 1,944 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2016 16 (110 ) (146 ) 218 (117 ) — (397 ) – trading income/(expense) excluding net interest income — (110 ) — 218 (117 ) — (397 ) – net income/(expense) from other financial instruments designated at fair value — — (146 ) — — — — – loan impairment charges and other credit risk provisions 16 — — — — — — At 1 Jan 2016 4,727 6,856 474 2,262 4,285 3 1,210 Total gains/(losses) recognised in profit or loss 178 31 25 1,107 337 (1 ) 1,428 – trading income/(expense) excluding net interest income — 31 — 1,107 337 — 1,428 – net income from other financial instruments designated at fair value — — 25 — — (1 ) — – gains less losses from financial investments 91 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 87 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 (162 ) (610 ) (8 ) (335 ) (130 ) (1 ) (240 ) – available-for-sale investments: fair value gains/(losses) 123 — — — — — — – cash flow hedges: fair value gains/(losses) — — — — — — 12 – exchange differences (285 ) (610 ) (8 ) (335 ) (130 ) (1 ) (252 ) Purchases 350 823 359 — 20 6 — New issuances — — — — 1,882 — — Sales (1,212 ) (1,760 ) (7 ) — (40 ) (2 ) — Settlements (177 ) (311 ) (113 ) (107 ) (1,907 ) — (239 ) Transfers out (947 ) (199 ) (2 ) (187 ) (920 ) — (229 ) Transfers in 719 1,659 2 12 55 32 370 At 31 Dec 2016 3,476 6,489 730 2,752 3,582 37 2,300 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2015 87 (170 ) 21 364 (143 ) 1 (335 ) – trading income/(expense) excluding net interest income — (170 ) — 364 (143 ) — (335 ) – net income from other financial instruments designated at fair value — — 21 — — 1 — – loan impairment charges and other credit risk provisions 87 — — — — — — 1 Included in ‘Available-for-sale investments: fair value gains/(losses)’ and ‘Exchange differences’ in the consolidated statement of comprehensive income. Basis of valuing HSBC Holdings’ financial assets and liabilities measured at fair value 2017 2016 $m $m Valuation technique using observable inputs: Level 2 Assets at 31 Dec – derivatives 2,388 2,148 – financial investments in HSBC undertakings 4,264 3,590 – loans and advances to HSBC undertakings designated at fair value 11,944 — Liabilities at 31 Dec – designated at fair value 30,890 30,113 – derivatives 3,082 5,025 Fair values of financial instruments not carried at fair value and bases of valuation Fair value Carrying Quoted market Observable Significant Total $m $m $m $m $m At 31 Dec 2017 Assets Loans and advances to banks 90,393 — 87,384 3,007 90,391 Loans and advances to customers 962,964 — 20,029 944,176 964,205 Reverse repurchase agreements – non-trading 201,553 — 200,012 1,526 201,538 Financial investments – debt securities 52,919 1,363 52,707 17 54,087 Liabilities Deposits by banks 69,922 — 69,862 30 69,892 Customer accounts 1,364,462 — 1,353,017 11,608 1,364,625 Repurchase agreements – non-trading 130,002 1 129,995 — 129,996 Debt securities in issue 64,546 — 65,138 — 65,138 Subordinated liabilities 19,826 — 23,740 355 24,095 At 31 Dec 2016 Assets Loans and advances to banks 88,126 — 85,568 2,572 88,140 Loans and advances to customers 861,504 — 15,670 845,894 861,564 Reverse repurchase agreements – non-trading 160,974 — 159,504 1,527 161,031 Financial investments – debt securities 46,923 1,190 46,014 19 47,223 Liabilities Deposits by banks 59,939 — 59,883 42 59,925 Customer accounts 1,272,386 — 1,262,540 10,136 1,272,676 Repurchase agreements – non-trading 88,958 — 88,939 — 88,939 Debt securities in issue 65,915 — 66,386 — 66,386 Subordinated liabilities 20,984 — 23,264 292 23,556 Fair values of HSBC Holdings’ financial instruments not carried at fair value on the balance sheet 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Assets at 31 Dec Loans and advances to HSBC undertakings 76,627 78,534 77,421 79,985 Liabilities at 31 Dec Amounts owed to HSBC undertakings 2,571 2,571 2,157 2,156 Debt securities in issue 34,258 36,611 21,805 23,147 Subordinated liabilities 15,877 19,596 15,189 17,715 1 Fair values were determined using valuation techniques with observable inputs (Level 2).
Disclosure of fair value adjustments on financial instruments	Global Banking & Markets (‘GB&M’) and Corporate Centre fair value adjustments 2017 2016 GB&M Corporate Centre GB&M Corporate Centre $m $m $m $m Type of adjustment Risk-related 1,078 79 1,131 5 – bid-offer 413 5 416 5 – uncertainty 91 8 87 — – credit valuation adjustment (‘CVA’) 420 59 633 — – debit valuation adjustment (‘DVA’) (82 ) — (437 ) — – funding fair value adjustment (‘FFVA’) 233 7 429 — – other 3 — 3 — Model-related 92 13 14 1 – model limitation 92 6 14 1 – other — 7 — — Inception profit (Day 1 P&L reserves) (Note 14) 106 — 99 — At 31 Dec 1,276 92 1,244 6
Disclosure of the effect of changes in significant unobservable assumptions to reasonably possible alternatives	Sensitivity of Level 3 fair values to reasonably possible alternative assumptions 2017 2016 Reflected in profit or loss Reflected in OCI Reflected in profit or loss Reflected in OCI Favourable Un- Favourable Un- Favourable Un- Favourable Un- Footnote $m $m $m $m $m $m $m $m Derivatives, trading assets and trading liabilities 1 372 (253 ) — — 238 (177 ) — — Financial assets and liabilities designated at fair value 89 (74 ) — — 48 (38 ) — — Financial investments: available for sale 53 (30 ) 128 (149 ) 72 (36 ) 170 (149 ) At 31 Dec 514 (357 ) 128 (149 ) 358 (251 ) 170 (149 ) 1 Derivatives, trading assets and trading liabilities are presented as one category to reflect the manner in which these instruments are risk managed. Sensitivity of Level 3 fair values to reasonably possible alternative assumptions by instrument type 2017 2016 Reflected in profit or loss Reflected in OCI Reflected in profit or loss Reflected in OCI Favourable Un- Favourable Un- Favourable Un- Favourable Un- $m $m $m $m $m $m $m $m Private equity including strategic investments 142 (105 ) 117 (102 ) 112 (73 ) 121 (106 ) Asset-backed securities 66 (39 ) 3 (39 ) 43 (15 ) 33 (27 ) Loans held for securitisation 1 (1 ) — — 1 (1 ) — — Structured notes 12 (9 ) — — 10 (7 ) — — Derivatives with monolines — — — — 3 (3 ) — — Other derivatives 249 (150 ) — — 141 (94 ) — — Other portfolios 44 (53 ) 8 (8 ) 48 (58 ) 16 (16 ) At 31 Dec 514 (357 ) 128 (149 ) 358 (251 ) 170 (149 )
Disclosure of significant unobservable inputs used in fair value measurement of assets	Quantitative information about significant unobservable inputs in Level 3 valuations Fair value 2017 2016 Assets Liabilities Valuation Key unobservable Full range Core range 1 Full range Core range 1 Footnotes $m $m Lower Higher Lower Higher Lower Higher Lower Higher Private equity including 3,508 20 See page 255 See page 255 n/a n/a n/a n/a n/a n/a n/a n/a Asset-backed securities 2 2,577 – CLO/CDO 520 Market proxy Prepayment rate 2 % 7 % 2 % 7 % 2% 7% 2% 7% Market proxy Bid quotes 0 101 6 53 0 101 42 94 – other ABSs 2,057 Market proxy Bid quotes 0 103 34 98 0 96 57 90 Loans held for securitisation 24 — Structured notes 3 4,180 – equity-linked notes — 4,077 Model – Equity volatility 7% 47% 14% 30% 11% 96% 16% 36% Model – Option model Equity correlation 33% 95% 45% 72% 33% 94% 46% 81% – fund-linked notes — 7 Model – Option model Fund volatility 6% 15% 6% 15% 6% 11% 6% 11% – FX-linked notes — 76 Model – Option model FX volatility 3% 20% 4% 13% 3% 29% 5% 18% – other 3 20 Derivatives with monolines 113 — Model – Discounted Credit spread 0.4% 3% 1% 3% 2% 2% 2% 2% Other derivatives 2,331 1,944 – Interest rate derivatives: securitisation swaps 285 806 Model – Discounted Prepayment 20% 90% 20% 90% 0% 90% 8% 27% long-dated swaptions 1,244 66 Model – Option model IR volatility 8% 41% 15% 31% 8% 101% 21% 39% other 302 145 – FX derivatives: FX options 86 83 Model – Option model FX volatility 0.7% 50% 5% 11% 0.6% 25% 7% 12% other 135 129 – Equity derivatives: long-dated single stock options 158 359 Model – Option model Equity volatility 7% 84% 15% 44% 11% 83% 16% 36% other 96 329 – Credit derivatives: other 25 27 Other portfolios 3,832 — – structured certificates 3,014 — Model – Discounted cash flow Credit volatility 2% 4% 2% 4% 3% 4% 3% 4% – EM corporate debt 85 — Market proxy Bid quotes 100 100 100 100 96 144 113 113 – other 3 733 — At 31 Dec 2017 12,388 6,144 1 The core range of inputs is the estimated range within which 90% of the inputs fall. 2 Collateralised loan obligation/collateralised debt obligation. 3 ‘Other’ includes a range of smaller asset holdings.
Disclosure of significant unobservable inputs used in fair value measurement of liabilities	Quantitative information about significant unobservable inputs in Level 3 valuations Fair value 2017 2016 Assets Liabilities Valuation Key unobservable Full range Core range 1 Full range Core range 1 Footnotes $m $m Lower Higher Lower Higher Lower Higher Lower Higher Private equity including 3,508 20 See page 255 See page 255 n/a n/a n/a n/a n/a n/a n/a n/a Asset-backed securities 2 2,577 – CLO/CDO 520 Market proxy Prepayment rate 2 % 7 % 2 % 7 % 2% 7% 2% 7% Market proxy Bid quotes 0 101 6 53 0 101 42 94 – other ABSs 2,057 Market proxy Bid quotes 0 103 34 98 0 96 57 90 Loans held for securitisation 24 — Structured notes 3 4,180 – equity-linked notes — 4,077 Model – Equity volatility 7% 47% 14% 30% 11% 96% 16% 36% Model – Option model Equity correlation 33% 95% 45% 72% 33% 94% 46% 81% – fund-linked notes — 7 Model – Option model Fund volatility 6% 15% 6% 15% 6% 11% 6% 11% – FX-linked notes — 76 Model – Option model FX volatility 3% 20% 4% 13% 3% 29% 5% 18% – other 3 20 Derivatives with monolines 113 — Model – Discounted Credit spread 0.4% 3% 1% 3% 2% 2% 2% 2% Other derivatives 2,331 1,944 – Interest rate derivatives: securitisation swaps 285 806 Model – Discounted Prepayment 20% 90% 20% 90% 0% 90% 8% 27% long-dated swaptions 1,244 66 Model – Option model IR volatility 8% 41% 15% 31% 8% 101% 21% 39% other 302 145 – FX derivatives: FX options 86 83 Model – Option model FX volatility 0.7% 50% 5% 11% 0.6% 25% 7% 12% other 135 129 – Equity derivatives: long-dated single stock options 158 359 Model – Option model Equity volatility 7% 84% 15% 44% 11% 83% 16% 36% other 96 329 – Credit derivatives: other 25 27 Other portfolios 3,832 — – structured certificates 3,014 — Model – Discounted cash flow Credit volatility 2% 4% 2% 4% 3% 4% 3% 4% – EM corporate debt 85 — Market proxy Bid quotes 100 100 100 100 96 144 113 113 – other 3 733 — At 31 Dec 2017 12,388 6,144 1 The core range of inputs is the estimated range within which 90% of the inputs fall. 2 Collateralised loan obligation/collateralised debt obligation. 3 ‘Other’ includes a range of smaller asset holdings.

Fair values of financial inst63

Fair values of financial instruments not carried at fair value (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Measurement [Abstract]
Fair values of financial instruments not carried at fair value and bases of valuation - assets	Financial instruments carried at fair value and bases of valuation 2017 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total $m $m $m $m $m $m $m $m Recurring fair value measurements Assets Trading assets 181,168 101,775 5,052 287,995 133,744 94,892 6,489 235,125 Financial assets designated at fair value 24,622 3,382 1,460 29,464 19,882 4,144 730 24,756 Derivatives 1,017 216,357 2,444 219,818 1,076 287,044 2,752 290,872 Financial investments: available for sale 227,943 104,692 3,432 336,067 274,655 111,743 3,476 389,874 Liabilities Trading liabilities 62,710 117,451 4,200 184,361 45,171 104,938 3,582 153,691 Financial liabilities designated at fair value 4,164 90,265 — 94,429 4,248 82,547 37 86,832 Derivatives 1,635 213,242 1,944 216,821 1,554 275,965 2,300 279,819 Transfers between Level 1 and Level 2 fair values Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives $m $m $m $m $m $m $m At 31 Dec 2017 Transfers from Level 1 to Level 2 2,231 1,507 — — 35 — — Transfers from Level 2 to Level 1 11,173 1,384 — — 683 — — At 31 Dec 2016 Transfers from Level 1 to Level 2 162 1,614 122 465 2,699 — 209 Transfers from Level 2 to Level 1 1,314 — — — 341 — — Financial instruments measured at fair value using a valuation technique with significant unobservable inputs – Level 3 Assets Liabilities Available for sale Held for trading Designated at fair value Derivatives Total Held for trading Designated at fair value Derivatives Total $m $m $m $m $m $m $m $m $m Private equity including strategic investments 2,012 38 1,458 — 3,508 20 — — 20 Asset-backed securities 1,300 1,277 — — 2,577 — — — — Loans held for securitisation — 24 — — 24 — — — — Structured notes — 3 — — 3 4,180 — — 4,180 Derivatives with monolines — — — 113 113 — — — — Other derivatives — — — 2,331 2,331 — — 1,944 1,944 Other portfolios 120 3,710 2 — 3,832 — — — — At 31 Dec 2017 3,432 5,052 1,460 2,444 12,388 4,200 — 1,944 6,144 Private equity including strategic investments 2,435 49 712 — 3,196 25 — — 25 Asset-backed securities 761 789 — — 1,550 — — — — Loans held for securitisation — 28 — — 28 — — — — Structured notes — 2 — — 2 3,557 — — 3,557 Derivatives with monolines — — — 175 175 — — — — Other derivatives — — — 2,577 2,577 — — 2,300 2,300 Other portfolios 280 5,621 18 — 5,919 — 37 — 37 At 31 Dec 2016 3,476 6,489 730 2,752 13,447 3,582 37 2,300 5,919 Movement in Level 3 financial instruments Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives Footnote $m $m $m $m $m $m $m At 1 Jan 2017 3,476 6,489 730 2,752 3,582 37 2,300 Total gains/(losses) recognised in profit or loss 351 (188 ) (107 ) 152 154 (5 ) 400 – trading income/(expense) excluding net interest income — (188 ) — 152 154 — 400 – net income/(expense) from other financial instruments designated at fair value — — (107 ) — — (5 ) — – gains less losses from financial investments 313 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 38 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 71 106 7 188 169 1 120 – available-for-sale investments: fair value gains/(losses) (30 ) — — — — — — – cash flow hedges: fair value gains/(losses) — (1 ) 3 (23 ) — — (35 ) – exchange differences 101 107 4 211 169 1 155 Purchases 200 1,503 1,127 2 5 — 23 New issuances — — — 1 1,915 — — Sales (939 ) (3,221 ) (130 ) (8 ) (12 ) — (12 ) Settlements (69 ) (331 ) (166 ) (60 ) (998 ) — (123 ) Transfers out (565 ) (149 ) (3 ) (885 ) (678 ) (33 ) (1,030 ) Transfers in 907 843 2 302 63 — 266 At 31 Dec 2017 3,432 5,052 1,460 2,444 4,200 — 1,944 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2016 16 (110 ) (146 ) 218 (117 ) — (397 ) – trading income/(expense) excluding net interest income — (110 ) — 218 (117 ) — (397 ) – net income/(expense) from other financial instruments designated at fair value — — (146 ) — — — — – loan impairment charges and other credit risk provisions 16 — — — — — — At 1 Jan 2016 4,727 6,856 474 2,262 4,285 3 1,210 Total gains/(losses) recognised in profit or loss 178 31 25 1,107 337 (1 ) 1,428 – trading income/(expense) excluding net interest income — 31 — 1,107 337 — 1,428 – net income from other financial instruments designated at fair value — — 25 — — (1 ) — – gains less losses from financial investments 91 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 87 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 (162 ) (610 ) (8 ) (335 ) (130 ) (1 ) (240 ) – available-for-sale investments: fair value gains/(losses) 123 — — — — — — – cash flow hedges: fair value gains/(losses) — — — — — — 12 – exchange differences (285 ) (610 ) (8 ) (335 ) (130 ) (1 ) (252 ) Purchases 350 823 359 — 20 6 — New issuances — — — — 1,882 — — Sales (1,212 ) (1,760 ) (7 ) — (40 ) (2 ) — Settlements (177 ) (311 ) (113 ) (107 ) (1,907 ) — (239 ) Transfers out (947 ) (199 ) (2 ) (187 ) (920 ) — (229 ) Transfers in 719 1,659 2 12 55 32 370 At 31 Dec 2016 3,476 6,489 730 2,752 3,582 37 2,300 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2015 87 (170 ) 21 364 (143 ) 1 (335 ) – trading income/(expense) excluding net interest income — (170 ) — 364 (143 ) — (335 ) – net income from other financial instruments designated at fair value — — 21 — — 1 — – loan impairment charges and other credit risk provisions 87 — — — — — — 1 Included in ‘Available-for-sale investments: fair value gains/(losses)’ and ‘Exchange differences’ in the consolidated statement of comprehensive income. Basis of valuing HSBC Holdings’ financial assets and liabilities measured at fair value 2017 2016 $m $m Valuation technique using observable inputs: Level 2 Assets at 31 Dec – derivatives 2,388 2,148 – financial investments in HSBC undertakings 4,264 3,590 – loans and advances to HSBC undertakings designated at fair value 11,944 — Liabilities at 31 Dec – designated at fair value 30,890 30,113 – derivatives 3,082 5,025 Fair values of financial instruments not carried at fair value and bases of valuation Fair value Carrying Quoted market Observable Significant Total $m $m $m $m $m At 31 Dec 2017 Assets Loans and advances to banks 90,393 — 87,384 3,007 90,391 Loans and advances to customers 962,964 — 20,029 944,176 964,205 Reverse repurchase agreements – non-trading 201,553 — 200,012 1,526 201,538 Financial investments – debt securities 52,919 1,363 52,707 17 54,087 Liabilities Deposits by banks 69,922 — 69,862 30 69,892 Customer accounts 1,364,462 — 1,353,017 11,608 1,364,625 Repurchase agreements – non-trading 130,002 1 129,995 — 129,996 Debt securities in issue 64,546 — 65,138 — 65,138 Subordinated liabilities 19,826 — 23,740 355 24,095 At 31 Dec 2016 Assets Loans and advances to banks 88,126 — 85,568 2,572 88,140 Loans and advances to customers 861,504 — 15,670 845,894 861,564 Reverse repurchase agreements – non-trading 160,974 — 159,504 1,527 161,031 Financial investments – debt securities 46,923 1,190 46,014 19 47,223 Liabilities Deposits by banks 59,939 — 59,883 42 59,925 Customer accounts 1,272,386 — 1,262,540 10,136 1,272,676 Repurchase agreements – non-trading 88,958 — 88,939 — 88,939 Debt securities in issue 65,915 — 66,386 — 66,386 Subordinated liabilities 20,984 — 23,264 292 23,556 Carrying amount and fair value of loans and advances to customers by industry sector Carrying amount Fair value Not Impaired Impaired Total Not Impaired Impaired Total $m $m $m $m $m $m Loans and advances to customers – personal 370,842 3,920 374,762 371,131 3,257 374,388 – corporate and commercial 510,784 5,970 516,754 512,597 5,769 518,366 – financial 71,377 71 71,448 71,351 100 71,451 At 31 Dec 2017 953,003 9,961 962,964 955,079 9,126 964,205 Loans and advances to customers – personal 332,574 5,252 337,826 330,167 4,597 334,764 – corporate and commercial 453,151 7,058 460,209 456,816 6,393 463,209 – financial 63,316 153 63,469 63,411 180 63,591 At 31 Dec 2016 849,041 12,463 861,504 850,394 11,170 861,564 Fair values of HSBC Holdings’ financial instruments not carried at fair value on the balance sheet 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Assets at 31 Dec Loans and advances to HSBC undertakings 76,627 78,534 77,421 79,985 Liabilities at 31 Dec Amounts owed to HSBC undertakings 2,571 2,571 2,157 2,156 Debt securities in issue 34,258 36,611 21,805 23,147 Subordinated liabilities 15,877 19,596 15,189 17,715 1 Fair values were determined using valuation techniques with observable inputs (Level 2).
Fair values of financial instruments not carried at fair value and bases of valuation - liabilities	Financial instruments carried at fair value and bases of valuation 2017 2016 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total $m $m $m $m $m $m $m $m Recurring fair value measurements Assets Trading assets 181,168 101,775 5,052 287,995 133,744 94,892 6,489 235,125 Financial assets designated at fair value 24,622 3,382 1,460 29,464 19,882 4,144 730 24,756 Derivatives 1,017 216,357 2,444 219,818 1,076 287,044 2,752 290,872 Financial investments: available for sale 227,943 104,692 3,432 336,067 274,655 111,743 3,476 389,874 Liabilities Trading liabilities 62,710 117,451 4,200 184,361 45,171 104,938 3,582 153,691 Financial liabilities designated at fair value 4,164 90,265 — 94,429 4,248 82,547 37 86,832 Derivatives 1,635 213,242 1,944 216,821 1,554 275,965 2,300 279,819 Transfers between Level 1 and Level 2 fair values Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives $m $m $m $m $m $m $m At 31 Dec 2017 Transfers from Level 1 to Level 2 2,231 1,507 — — 35 — — Transfers from Level 2 to Level 1 11,173 1,384 — — 683 — — At 31 Dec 2016 Transfers from Level 1 to Level 2 162 1,614 122 465 2,699 — 209 Transfers from Level 2 to Level 1 1,314 — — — 341 — — Financial instruments measured at fair value using a valuation technique with significant unobservable inputs – Level 3 Assets Liabilities Available for sale Held for trading Designated at fair value Derivatives Total Held for trading Designated at fair value Derivatives Total $m $m $m $m $m $m $m $m $m Private equity including strategic investments 2,012 38 1,458 — 3,508 20 — — 20 Asset-backed securities 1,300 1,277 — — 2,577 — — — — Loans held for securitisation — 24 — — 24 — — — — Structured notes — 3 — — 3 4,180 — — 4,180 Derivatives with monolines — — — 113 113 — — — — Other derivatives — — — 2,331 2,331 — — 1,944 1,944 Other portfolios 120 3,710 2 — 3,832 — — — — At 31 Dec 2017 3,432 5,052 1,460 2,444 12,388 4,200 — 1,944 6,144 Private equity including strategic investments 2,435 49 712 — 3,196 25 — — 25 Asset-backed securities 761 789 — — 1,550 — — — — Loans held for securitisation — 28 — — 28 — — — — Structured notes — 2 — — 2 3,557 — — 3,557 Derivatives with monolines — — — 175 175 — — — — Other derivatives — — — 2,577 2,577 — — 2,300 2,300 Other portfolios 280 5,621 18 — 5,919 — 37 — 37 At 31 Dec 2016 3,476 6,489 730 2,752 13,447 3,582 37 2,300 5,919 Movement in Level 3 financial instruments Assets Liabilities Available Held for trading Designated Derivatives Held for trading Designated Derivatives Footnote $m $m $m $m $m $m $m At 1 Jan 2017 3,476 6,489 730 2,752 3,582 37 2,300 Total gains/(losses) recognised in profit or loss 351 (188 ) (107 ) 152 154 (5 ) 400 – trading income/(expense) excluding net interest income — (188 ) — 152 154 — 400 – net income/(expense) from other financial instruments designated at fair value — — (107 ) — — (5 ) — – gains less losses from financial investments 313 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 38 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 71 106 7 188 169 1 120 – available-for-sale investments: fair value gains/(losses) (30 ) — — — — — — – cash flow hedges: fair value gains/(losses) — (1 ) 3 (23 ) — — (35 ) – exchange differences 101 107 4 211 169 1 155 Purchases 200 1,503 1,127 2 5 — 23 New issuances — — — 1 1,915 — — Sales (939 ) (3,221 ) (130 ) (8 ) (12 ) — (12 ) Settlements (69 ) (331 ) (166 ) (60 ) (998 ) — (123 ) Transfers out (565 ) (149 ) (3 ) (885 ) (678 ) (33 ) (1,030 ) Transfers in 907 843 2 302 63 — 266 At 31 Dec 2017 3,432 5,052 1,460 2,444 4,200 — 1,944 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2016 16 (110 ) (146 ) 218 (117 ) — (397 ) – trading income/(expense) excluding net interest income — (110 ) — 218 (117 ) — (397 ) – net income/(expense) from other financial instruments designated at fair value — — (146 ) — — — — – loan impairment charges and other credit risk provisions 16 — — — — — — At 1 Jan 2016 4,727 6,856 474 2,262 4,285 3 1,210 Total gains/(losses) recognised in profit or loss 178 31 25 1,107 337 (1 ) 1,428 – trading income/(expense) excluding net interest income — 31 — 1,107 337 — 1,428 – net income from other financial instruments designated at fair value — — 25 — — (1 ) — – gains less losses from financial investments 91 — — — — — — – loan impairment charges and other credit risk provisions (‘LICs’) 87 — — — — — — Total gains/(losses) recognised in other comprehensive income (‘OCI’) 1 (162 ) (610 ) (8 ) (335 ) (130 ) (1 ) (240 ) – available-for-sale investments: fair value gains/(losses) 123 — — — — — — – cash flow hedges: fair value gains/(losses) — — — — — — 12 – exchange differences (285 ) (610 ) (8 ) (335 ) (130 ) (1 ) (252 ) Purchases 350 823 359 — 20 6 — New issuances — — — — 1,882 — — Sales (1,212 ) (1,760 ) (7 ) — (40 ) (2 ) — Settlements (177 ) (311 ) (113 ) (107 ) (1,907 ) — (239 ) Transfers out (947 ) (199 ) (2 ) (187 ) (920 ) — (229 ) Transfers in 719 1,659 2 12 55 32 370 At 31 Dec 2016 3,476 6,489 730 2,752 3,582 37 2,300 Unrealised gains/(losses) recognised in profit or loss relating to assets and liabilities held at 31 Dec 2015 87 (170 ) 21 364 (143 ) 1 (335 ) – trading income/(expense) excluding net interest income — (170 ) — 364 (143 ) — (335 ) – net income from other financial instruments designated at fair value — — 21 — — 1 — – loan impairment charges and other credit risk provisions 87 — — — — — — 1 Included in ‘Available-for-sale investments: fair value gains/(losses)’ and ‘Exchange differences’ in the consolidated statement of comprehensive income. Basis of valuing HSBC Holdings’ financial assets and liabilities measured at fair value 2017 2016 $m $m Valuation technique using observable inputs: Level 2 Assets at 31 Dec – derivatives 2,388 2,148 – financial investments in HSBC undertakings 4,264 3,590 – loans and advances to HSBC undertakings designated at fair value 11,944 — Liabilities at 31 Dec – designated at fair value 30,890 30,113 – derivatives 3,082 5,025 Fair values of financial instruments not carried at fair value and bases of valuation Fair value Carrying Quoted market Observable Significant Total $m $m $m $m $m At 31 Dec 2017 Assets Loans and advances to banks 90,393 — 87,384 3,007 90,391 Loans and advances to customers 962,964 — 20,029 944,176 964,205 Reverse repurchase agreements – non-trading 201,553 — 200,012 1,526 201,538 Financial investments – debt securities 52,919 1,363 52,707 17 54,087 Liabilities Deposits by banks 69,922 — 69,862 30 69,892 Customer accounts 1,364,462 — 1,353,017 11,608 1,364,625 Repurchase agreements – non-trading 130,002 1 129,995 — 129,996 Debt securities in issue 64,546 — 65,138 — 65,138 Subordinated liabilities 19,826 — 23,740 355 24,095 At 31 Dec 2016 Assets Loans and advances to banks 88,126 — 85,568 2,572 88,140 Loans and advances to customers 861,504 — 15,670 845,894 861,564 Reverse repurchase agreements – non-trading 160,974 — 159,504 1,527 161,031 Financial investments – debt securities 46,923 1,190 46,014 19 47,223 Liabilities Deposits by banks 59,939 — 59,883 42 59,925 Customer accounts 1,272,386 — 1,262,540 10,136 1,272,676 Repurchase agreements – non-trading 88,958 — 88,939 — 88,939 Debt securities in issue 65,915 — 66,386 — 66,386 Subordinated liabilities 20,984 — 23,264 292 23,556 Fair values of HSBC Holdings’ financial instruments not carried at fair value on the balance sheet 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Assets at 31 Dec Loans and advances to HSBC undertakings 76,627 78,534 77,421 79,985 Liabilities at 31 Dec Amounts owed to HSBC undertakings 2,571 2,571 2,157 2,156 Debt securities in issue 34,258 36,611 21,805 23,147 Subordinated liabilities 15,877 19,596 15,189 17,715 1 Fair values were determined using valuation techniques with observable inputs (Level 2).

Financial assets designated a64

Financial assets designated at fair value (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Schedules of financial investments	2017 2016 Footnote $m $m Treasury and other eligible bills 17,532 14,451 Debt securities 107,486 94,054 Equity securities 99,260 63,604 Trading securities 224,278 172,109 Loans and advances to banks 1 26,057 24,769 Loans and advances to customers 1 37,660 38,247 At 31 Dec 287,995 235,125 1 Loans and advances to banks and customers include settlement accounts, stock borrowing, reverse repos, cash collateral and margin accounts relating to trading activities. Trading Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 15,995 17,010 UK Government 9,540 9,493 Hong Kong Government 10,070 7,970 Other governments 58,858 49,229 Asset-backed securities 3 2,986 2,668 Corporate debt and other securities 27,569 22,135 Equity securities 99,260 63,604 At 31 Dec 224,278 172,109 1 Included within these figures are debt securities issued by banks and other financial institutions of $18,585m (2016: $14,630m ), of which $906m (2016: $789m ) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies. 2017 2016 $m $m Securities 29,456 24,677 – treasury and other eligible bills 606 204 – debt securities 4,090 4,189 – equity securities 24,760 20,284 Loans and advances to banks and customers 8 79 At 31 Dec 29,464 24,756 Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 — 104 UK Government 17 41 Hong Kong Government 64 16 Other governments 1,247 747 Asset-backed securities 3 2 20 Corporate debt and other securities 3,366 3,465 Equities 24,760 20,284 At 31 Dec 29,456 24,677 1 Included within these figures are debt securities issued by banks and other financial institutions of $ 1,621 m ( 2016 : $ 1,766 m), of which $ 0.4 m ( 2016 : $ 19 m) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies. Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of detailed information about hedging instruments	Notional contract amounts and fair values of derivatives by product contract type held by HSBC Notional contract amount Fair value – Assets Fair value – Liabilities Trading Hedging Trading Hedging Total Trading Hedging Total $m $m $m $m $m $m $m $m Foreign exchange 6,215,518 28,768 78,089 428 78,517 74,915 853 75,768 Interest rate 19,751,577 178,289 235,430 1,365 236,795 229,989 3,042 233,031 Equities 590,156 — 9,353 — 9,353 11,845 — 11,845 Credit 391,798 — 4,692 — 4,692 5,369 — 5,369 Commodity and other 59,716 — 886 — 886 1,233 — 1,233 Gross total fair values 27,008,765 207,057 328,450 1,793 330,243 323,351 3,895 327,246 Offset (Note 29) (110,425 ) (110,425 ) At 31 Dec 2017 27,008,765 207,057 328,450 1,793 219,818 323,351 3,895 216,821 Foreign exchange 5,819,814 26,281 126,185 1,228 127,413 118,813 968 119,781 Interest rate 13,729,757 215,006 253,398 1,987 255,385 245,941 4,081 250,022 Equities 472,169 — 7,410 — 7,410 9,240 — 9,240 Credit 448,220 — 5,199 — 5,199 5,767 — 5,767 Commodity and other 62,009 — 2,020 — 2,020 1,564 — 1,564 Gross total fair values 20,531,969 241,287 394,212 3,215 397,427 381,325 5,049 386,374 Offset (Note 29) (106,555 ) (106,555 ) At 31 Dec 2016 20,531,969 241,287 394,212 3,215 290,872 381,325 5,049 279,819 Notional contract amounts and fair values of derivatives by product contract type held by HSBC Holdings with subsidiaries Notional contract amount Fair value – Assets Fair value – Liabilities Trading Hedging Trading Hedging Total Trading Hedging Total $m $m $m $m $m $m $m $m Foreign exchange 20,484 1,120 588 — 588 1,330 110 1,440 Interest rate 41,061 25,294 1,364 436 1,800 678 964 1,642 At 31 Dec 2017 61,545 26,414 1,952 436 2,388 2,008 1,074 3,082 Foreign exchange 23,442 1,120 223 — 223 3,201 239 3,440 Interest rate 26,858 24,356 1,478 447 1,925 639 946 1,585 At 31 Dec 2016 50,300 25,476 1,701 447 2,148 3,840 1,185 5,025 Notional contract amounts and fair values of derivatives designated as fair value hedges by product type 2017 2016 Notional Fair Value Fair Value Notional Fair Value Assets Fair Value Liabilities $m $m $m $m $m $m HSBC Foreign exchange 1,027 — 23 618 10 22 Interest rate 112,714 1,020 2,744 124,361 1,078 3,726 At 31 Dec 113,741 1,020 2,767 124,979 1,088 3,748 HSBC Holdings Foreign exchange 1,120 — 110 1,120 — 239 Interest rate 25,294 436 964 24,356 447 946 At 31 Dec 26,414 436 1,074 25,476 447 1,185 Gains or losses arising from fair value hedges 2017 2016 2015 $m $m $m HSBC Gains/(losses): – on hedging instruments 621 (439 ) 40 – on the hedged items attributable to the hedged risk (617 ) 462 (51 ) Year ended 31 Dec 4 23 (11 ) HSBC Holdings Gains/(losses): – on hedging instruments (57 ) (909 ) (4 ) – on the hedged items attributable to the hedged risk 23 926 6 Year ended 31 Dec (34 ) 17 2 Notional contract amounts and fair values of derivatives designated as cash flow hedges by product held by HSBC 2017 2016 Notional Assets Liabilities Notional Assets Liabilities $m $m $m $m $m $m Foreign Exchange 22,741 424 759 25,663 1,081 939 Interest rate 65,575 345 298 90,645 909 355 At 31 Dec 88,316 769 1,057 116,308 1,990 1,294
Disclosure of detailed information about financial instruments	Maximum exposure to credit risk (Audited) 2017 2016 Maximum Offset Net Maximum Offset Net $m $m $m $m $m $m Derivatives 219,818 (204,829 ) 14,989 290,872 (262,233 ) 28,639 Loans and advances to customers held at amortised cost 962,964 (35,414 ) 927,550 861,504 (33,657 ) 827,847 – personal 374,762 (2,946 ) 371,816 337,826 (3,629 ) 334,197 – corporate and commercial 516,754 (29,459 ) 487,295 460,209 (27,686 ) 432,523 – non-bank financial institutions 71,448 (3,009 ) 68,439 63,469 (2,342 ) 61,127 Loans and advances to banks held at amortised cost 90,393 (273 ) 90,120 88,126 (248 ) 87,878 Reverse repurchase agreements – non-trading 201,553 (3,724 ) 197,829 160,974 (4,764 ) 156,210 Total balance sheet exposure to credit risk 2,305,592 (244,240 ) 2,061,352 2,204,751 (300,902 ) 1,903,849 Total off-balance sheet 723,917 — 723,917 692,915 — 692,915 – financial guarantees and similar contracts 38,328 — 38,328 37,072 — 37,072 – loan and other credit-related commitments 685,589 — 685,589 655,843 — 655,843 At 31 Dec 3,029,509 (244,240 ) 2,785,269 2,897,666 (300,902 ) 2,596,764 Unamortised balance of derivatives valued using models with significant unobservable inputs 2017 2016 Footnote $m $m Unamortised balance at 1 Jan 99 97 Deferral on new transactions 191 156 Recognised in the income statement during the year: (187 ) (140 ) – amortisation (85 ) (70 ) – subsequent to unobservable inputs becoming observable (2 ) (5 ) – maturity, termination or offsetting derivative (100 ) (65 ) Exchange differences 10 (13 ) Other (7 ) (1 ) Unamortised balance at 31 Dec 1 106 99 1 This amount is yet to be recognised in the consolidated income statement.
Disclosure of forecasted principal balances on future cash flows	Forecast principal balances on which interest cash flows are expected to arise 3 months or less More than 3 months but less than 1 year 5 years or less but more than 1 year More than 5 years $m $m $m $m Net cash inflows/(outflows) exposure Assets 70,769 65,771 44,347 956 Liabilities (7,729 ) (7,017 ) (4,992 ) (536 ) At 31 Dec 2017 63,040 58,754 39,355 420 Net cash inflows/(outflows) exposure Assets 83,472 79,749 57,553 2,750 Liabilities (13,169 ) (12,977 ) (11,761 ) (1,502 ) At 31 Dec 2016 70,303 66,772 45,792 1,248

Financial Investments (Tables)

Financial Investments (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Schedules of financial investments	2017 2016 Footnote $m $m Treasury and other eligible bills 17,532 14,451 Debt securities 107,486 94,054 Equity securities 99,260 63,604 Trading securities 224,278 172,109 Loans and advances to banks 1 26,057 24,769 Loans and advances to customers 1 37,660 38,247 At 31 Dec 287,995 235,125 1 Loans and advances to banks and customers include settlement accounts, stock borrowing, reverse repos, cash collateral and margin accounts relating to trading activities. Trading Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 15,995 17,010 UK Government 9,540 9,493 Hong Kong Government 10,070 7,970 Other governments 58,858 49,229 Asset-backed securities 3 2,986 2,668 Corporate debt and other securities 27,569 22,135 Equity securities 99,260 63,604 At 31 Dec 224,278 172,109 1 Included within these figures are debt securities issued by banks and other financial institutions of $18,585m (2016: $14,630m ), of which $906m (2016: $789m ) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies. 2017 2016 $m $m Securities 29,456 24,677 – treasury and other eligible bills 606 204 – debt securities 4,090 4,189 – equity securities 24,760 20,284 Loans and advances to banks and customers 8 79 At 31 Dec 29,464 24,756 Securities 1 2017 2016 Footnotes $m $m US Treasury and US Government agencies 2 — 104 UK Government 17 41 Hong Kong Government 64 16 Other governments 1,247 747 Asset-backed securities 3 2 20 Corporate debt and other securities 3,366 3,465 Equities 24,760 20,284 At 31 Dec 29,456 24,677 1 Included within these figures are debt securities issued by banks and other financial institutions of $ 1,621 m ( 2016 : $ 1,766 m), of which $ 0.4 m ( 2016 : $ 19 m) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Treasury and US Government agencies. Carrying amount of financial investments 2017 2016 Footnote $m $m Available for sale securities at fair value 336,157 389,874 – treasury and other eligible bills 78,851 99,226 – debt securities 253,389 285,981 – equity securities 3,917 4,667 Held to maturity securities at amortised cost 52,919 46,923 – debt securities 1 52,919 46,923 At 31 Dec 389,076 436,797 1 Fair value $54.1 bn ( 2016 : $47.2 bn). Financial investments at amortised cost and fair value 2017 2016 Amortised cost Fair value 1 Amortised cost Fair value 1 Footnotes $m $m $m $m US Treasury 41,427 41,274 57,135 56,625 US Government agencies 2 18,691 18,494 15,790 15,682 US Government sponsored entities 2 10,998 11,033 14,397 14,442 UK Government 17,817 18,538 27,506 28,480 Hong Kong Government 52,269 52,252 62,500 62,475 Other governments 134,766 136,414 140,943 142,594 Asset-backed securities 3 6,187 5,781 10,246 9,392 Corporate debt and other securities 99,136 102,540 100,180 102,741 Equities 2,989 3,917 3,042 4,667 At 31 Dec 384,280 390,243 431,739 437,098 1 Included within ‘fair value’ figures are debt securities issued by banks and other financial institutions of $ 67 bn ( 2016 : $69 bn), of which $ 15 bn ( 2016 : $20 bn) are guaranteed by various governments. 2 Includes securities that are supported by an explicit guarantee issued by the US Government. 3 Excludes asset-backed securities included under US Government agencies and sponsored entities. Maturities of investments in debt securities at their carrying amount 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Total $m $m $m $m $m Available for sale 63,896 122,113 37,292 30,088 253,389 Held to maturity 3,731 9,406 13,482 26,300 52,919 At 31 Dec 2017 67,627 131,519 50,774 56,388 306,308 Available for sale 64,155 142,700 45,385 33,741 285,981 Held to maturity 2,502 10,210 10,348 23,863 46,923 At 31 Dec 2016 66,657 152,910 55,733 57,604 332,904 Contractual maturities and weighted average yields of investment debt securities 1 year or less 5 years or less but over 1 year 10 years or less but over 5 years Over 10 years Amount Yield Amount Yield Amount Yield Amount Yield $m % $m % $m % $m % Available for sale US Treasury 3,981 1.1 16,213 1.9 15,806 2.0 3,318 3.1 US Government agencies 50 1.9 129 2.2 19 3.8 7,924 2.6 US Government-sponsored agencies 148 3.5 2,759 3.0 1,965 2.6 2,733 2.7 UK Government 636 0.2 6,970 0.9 6,552 0.8 — — Hong Kong Government 216 0.8 1,014 1.3 — — — — Other governments 45,337 1.8 57,441 2.7 7,429 3.0 1,678 3.4 Asset-backed securities 26 7.8 28 5.5 271 1.7 5,858 2.9 Corporate debt and other securities 13,613 1.7 35,598 1.9 4,043 2.6 7,779 3.9 Total amortised cost at 31 Dec 2017 64,007 120,152 36,085 29,290 Total carrying value 63,896 122,113 37,292 30,088 Held to maturity US Treasury 41 5.0 22 4.7 49 4.9 130 4.2 US Government agencies — — 21 4.0 27 2.5 10,519 2.4 US Government-sponsored agencies — — 322 2.4 325 2.8 2,747 2.9 Hong Kong Government 227 0.5 28 2.6 13 1.2 7 1.4 Other governments 108 4.7 240 4.0 198 3.7 847 4.3 Asset-backed securities — — — — — — 4 6.7 Corporate debt and other securities 3,355 3.7 8,773 3.4 12,870 3.3 12,046 3.9 Total amortised cost at 31 Dec 2017 3,731 9,406 13,482 26,300 Total carrying value 3,731 9,406 13,482 26,300

Assets pledged, collateral re67

Assets pledged, collateral received and assets transferred (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of assets pledged	Financial assets pledged as collateral 2017 2016 $m $m Treasury bills and other eligible securities 10,183 7,151 Loans and advances to banks 14,518 17,444 Loans and advances to customers 68,336 74,109 Debt securities 96,245 80,063 Equity securities 33,209 2,655 Other 2,743 1,838 Assets pledged at 31 Dec 225,234 183,260
Disclosure of financial assets pledged as collateral which the counterparty has the right to sell or repledge	Financial assets pledged as collateral which the counterparty has the right to sell or repledge 2017 2016 $m $m Trading assets 70,117 37,141 Financial investments 13,581 4,044 At 31 Dec 83,698 41,185
Disclosure of transferred financial assets not qualifying for full derecognition and associated financial liabilities	Transferred financial assets not qualifying for full derecognition and associated financial liabilities Carrying amount of: Fair value of: Transferred assets Associated liabilities Transferred assets Associated liabilities Net $m $m $m $m $m At 31 Dec 2017 Repurchase agreements 55,510 52,093 Securities lending agreements 33,878 3,324 Other sales (recourse to transferred assets only) 2,387 2,388 2,377 2,378 (1 ) At 31 Dec 2016 Repurchase agreements 40,364 39,568 Securities lending agreements 3,324 2,655 Other sales (recourse to transferred assets only) 2,441 2,466 2,455 2,458 (3 )

Interest in associates and jo68

Interest in associates and joint ventures (Tables)	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Disclosure of interests in associates	Principal associates of HSBC 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Bank of Communications Co., Limited 18,057 10,491 15,765 10,207 The Saudi British Bank 3,618 4,320 3,280 3,999 1 Principal associates are listed on recognised stock exchanges. The fair values are based on the quoted market prices of the shares held (Level 1 in the fair value hierarchy). At 31 Dec 2017 Footnote Country of incorporation and principal place of business Principal activity HSBC’s interest % Bank of Communications Co., Limited 1 PRC Banking services 19.03 The Saudi British Bank Saudi Arabia Banking services 40.00 1 People’s Republic of China. At 31 Dec 2017 At 31 Dec 2016 VIU Carrying value Fair VIU Carrying value Fair $bn $bn $bn $bn $bn $bn Bank of Communications Co., Limited 18.3 18.1 10.5 16.1 15.8 10.2 Selected balance sheet information of BoCom At 30 Sep 2017 2016 $m $m Cash and balances at central banks 146,029 137,844 Loans and advances to banks and other financial institutions 120,403 101,436 Loans and advances to customers 662,706 566,126 Other financial assets 386,067 311,207 Other assets 58,202 48,922 Total assets 1,373,407 1,165,535 Deposits by banks and other financial institutions 366,993 297,442 Customer accounts 747,882 680,915 Other financial liabilities 123,751 69,954 Other liabilities 32,568 27,860 Total liabilities 1,271,194 1,076,171 Total equity 102,213 89,364 Selected income statement information of BoCom For the 12 months ended 30 Sep 2017 2016 $m $m Net interest income 19,080 20,614 Net fee and commission income 5,698 5,493 Loan impairment charges (4,286 ) (4,284 ) Depreciation and amortisation (1,342 ) (1,216 ) Tax expense (2,234 ) (2,800 ) Profit for the year 10,288 10,151 Other comprehensive income (624 ) 875 Total comprehensive income 9,664 11,026 Dividends received from BoCom 565 580 Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). Associates The undertakings below are associates and equity accounted. Associates % of share class held by immediate parent company (or by the Group where this varies) Footnotes Bank of Communications Co., Ltd. 19.03 56, 188 Barrowgate Limited 24.64 189 BGF Group Limited 24.38 190 Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited 26.00 191 CFAC Payment Scheme Limited 33.33 192 Chemi and Cotex Industries Limited 33.99 195 Corsair IV Financial Services Capital Partners n/a 7, 219 Electronic Payment Services Company (Hong Kong) Limited 19.33 56, 69 EPS Company (Hong Kong) Limited 40.58 69 Guangzhou GuangZheng Hang Seng Securities Advisory Co. Ltd. 33.00 217 GZHS Research Co Ltd 20.50 197 Hang Seng Qianhai Fund Management Company Limited 43.50 9, 12, 198 HSBC Mortgage LLP n/a 7, 200 HSBC TFS II 2005 LLC 20.00 32 InfraRed NF China Real Estate Investments LP n/a 7, 214 Jeppe Star Limited 33.99 187 MENA Infrastructure Fund (GP) Ltd 33.33 203 Northstar Trade Finance Inc. 20.88 205 Novo Star Limited 33.99 206 PEF 2005 (A) & (D) Limited Partnership n/a 7, 216 PEF 2010 (A) Limited Partnership n/a 7, 216 Peregrine Capital Services Ltd 33.46 218 Quantexa Limited 10.00 56, 212 Services Epargne Entreprise SAS 14.35 56, 215 The London Gold Market Fixing Limited 25.00 210 The Saudi British Bank 40.00 211 Vizolution Limited 17.95 56, 213 Footnotes for Note 37 1 Management has determined that these undertakings are excluded from consolidation in the Group accounts as these entities do not meet the definition of subsidiaries in accordance with IFRS. HSBC’s consolidation policy is described in Note 1.2(a). 2 Directly held by HSBC Holdings plc 3 Preference Shares Description of Shares 4 Actions 5 Redeemable Preference Shares 6 GmbH Anteil 7 This undertaking is a partnership and does not have share capital 8 Liquidating Share Class 9 In the prior period the Group disclosed the immediate parent company’s interest in this undertaking 10 Non-Participating Voting Shares 11 Parts 12 Registered Capital Shares 13 Russian Limited Liability Company Shares 14 Stückaktien
Sensitivity of VIU to reasonably possible changes in key assumptions	The following table shows the change to each key assumption in the VIU calculation that on its own would reduce the headroom to nil. Key assumption Changes to key assumption to reduce headroom to nil • Long-term profit growth rate • Decrease by 11 basis points • Long-term asset growth rate • Increase by 10 basis points • Discount rate • Increase by 13 basis points • Loan impairment charge as a percentage of customer advances • Increase by 2 basis points • Risk-weighted assets as a percentage of total assets • Increase by 63 basis points • Cost-income ratio • Increase by 46 basis points Sensitivity of VIU to reasonably possible changes in key assumptions Favourable change Unfavourable change Increase VIU Decrease VIU bps $bn $bn bps $bn $bn At 31 Dec 2017 Long-term profit growth rate 200 6.6 24.9 — — 18.3 Long-term asset growth rate (20 ) 0.5 18.9 200 (7.1 ) 11.2 Discount rate (35 ) 0.7 19.1 65 (1.2 ) 17.1 Loan impairment charge as a percentage of customer advances 2017-20: 0.71% 0.1 18.5 2017-20: 0.90% (1.3 ) 17.0 Risk-weighted assets as a percentage of total assets (60 ) 0.2 18.6 30 (0.1 ) 18.2 Cost-income ratio (173 ) 1.5 19.8 — — 18.3 At 31 Dec 2016 Long-term profit growth rate — — 16.1 (150 ) (3.3 ) 12.8 Long-term asset growth rate (80 ) 1.8 17.8 — — 16.1 Discount rate (100 ) 2.3 18.4 — — 16.1 Loan impairment charge as a percentage of customer advances — — 16.1 2016-19: 0.93% (1.1 ) 15.0 Risk-weighted assets as a percentage of total assets (30 ) 0.1 16.2 170 (0.6 ) 15.5 Cost income ratio (170 ) 0.9 17.0 250 (1.4 ) 14.7
Summarised aggregate financial information of associates	Reconciliation of BoCom’s total shareholders’ equity to the carrying amount in HSBC’s consolidated financial statements At 30 Sep 2017 2016 $m $m HSBC’s share of total shareholders’ equity 17,551 15,285 Goodwill and other intangible assets 506 480 Carrying amount 18,057 15,765 Summarised aggregate financial information for all associates excluding BoCom 2017 2016 $m $m Carrying amount 4,520 4,109 HSBC’s share of: – total assets 20,625 20,757 – total liabilities 16,119 16,661 – revenues 1,051 923 – profit or loss from continuing operations 487 454
Movements in interests in associates and joint ventures	Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). Joint Ventures The undertakings below are Joint Ventures and equity accounted. Joint Ventures % of share class held by immediate parent company (or by the Group where this varies) Footnotes HCM Holdings Limited 50.99 40 House Network Sdn Bhd 25.00 180 HSBC Jintrust Fund Management Company Limited 49.00 12, 181 HSBC Kingdom Africa Investments (Cayman) Limited 50.00 182 HSBC Life Insurance Company Limited 50.00 183 ProServe Bermuda Limited 50.00 184 Vaultex UK Limited 50.00 186 HSBC Saudi Arabia 49.40 (69.40) 201

Investments in subsidiaries (Ta

Investments in subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Investments in subsidiaries	Principal subsidiaries of HSBC Holdings At 31 Dec 2017 Country of incorporation or registration HSBC’s interest % Share class Europe HSBC Bank plc England and Wales 100 £1 Ordinary and Preferred Ordinary, $0.01 Non-cumulative third Dollar Preference Shares HSBC France France 99.99 €5 Actions HSBC Assurances Vie (France) France 99.99 287.50 EUR Ordinary shares HSBC Private Banking Holdings (Suisse) SA Switzerland 100 CHF1,000 Ordinary HSBC Trinkaus & Burkhardt AG Germany 80.67 Stückaktien no par value Asia Hang Seng Bank Limited Hong Kong 62.14 HK$5 Ordinary HSBC Bank Australia Limited Australia 100 Ordinary no par value HSBC Bank (China) Company Limited PRC 4 100 CNY1 Ordinary HSBC Bank Malaysia Berhad Malaysia 100 RM0.50 Ordinary HSBC Bank (Taiwan) Limited Taiwan 100 TWD10 Ordinary HSBC Life (International) Limited Bermuda 100 HK$1 Ordinary The Hongkong and Shanghai Banking Corporation Limited Hong Kong 100 Ordinary no par value, CIP 1 and NIP 2 HSBC Bank (Singapore) Limited Singapore 100 SGD100 Ordinary Middle East and North Africa HSBC Bank Middle East Limited United Arab Emirates 100 $1 Ordinary and $1 CRP 3 HSBC Bank Egypt S.A.E. Egypt 94.54 EGP84 Ordinary North America HSBC Bank Canada Canada 100 Common no par value and Preference no par value HSBC Bank USA, N.A. USA 100 $100 Common and $0.01 Preference HSBC Securities (USA) Inc. USA 100 $0.05 Common Latin America HSBC Mexico, S.A., Institución de Banca Múltiple, Mexico 99.99 MXN2 Ordinary 1 Cumulative Irredeemable Preference shares. 2 Non-cumulative Irredeemable Preference shares. 3 Cumulative Redeemable Preference shares. 4 People’s Republic of China. Subsidiaries with significant non-controlling interests 2017 2016 Hang Seng Bank Limited Proportion of ownership interests and voting rights held by non-controlling interests 37.86% 37.86% Place of business Hong Kong Hong Kong $m $m Profit attributable to non-controlling interests 997 814 Accumulated non-controlling interests of the subsidiary 6,233 5,792 Dividends paid to non-controlling interests 594 811 Summarised financial information: – total assets 186,638 175,242 – total liabilities 169,275 159,035 – net operating income before loan impairment 4,556 3,937 – profit for the year 2,632 2,148 – total comprehensive income for the year 2,895 2,044 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes ACN 087 652 113 Pty Limited 100.00 15 Almacenadora Banpacifico S.A. (in liquidation) 99.99 9, 16 Assetfinance December (F) Limited 100.00 17 Assetfinance December (H) Limited 100.00 17 Assetfinance December (M) Limited 100.00 17 Assetfinance December (P) Limited 100.00 17 Assetfinance December (R) Limited 100.00 17 Assetfinance June (A) Limited 100.00 17 Assetfinance June (D) Limited 100.00 17 Assetfinance Limited 100.00 17 Assetfinance March (B) Limited 100.00 18 Assetfinance March (D) Limited 100.00 17 Assetfinance March (F) Limited 100.00 17 Assetfinance September (F) Limited 100.00 17 Assetfinance September (G) Limited 100.00 17 B&Q Financial Services Limited 100.00 19 Banco Nominees (Guernsey) Limited 100.00 9, 20 Banco Nominees 2 (Guernsey) Limited 100.00 20 Banco Nominees Limited 100.00 21 Bank of Bermuda (Cayman) Limited 100.00 22 Beau Soleil Limited Partnership n/a 7, 9, 23 Beijing Miyun HSBC Rural Bank Company Limited 100.00 12, 24 Beneficial Company LLC 100.00 25 Beneficial Consumer Discount Company 100.00 26 Beneficial Financial I Inc. 100.00 27 Beneficial Florida Inc. 100.00 25 Beneficial Homeowner Service Corporation 100.00 25 Beneficial Kentucky Inc. 100.00 25 Beneficial Loan & Thrift Co. 100.00 25 Beneficial Louisiana Inc. 100.00 25 Beneficial Maine Inc. 100.00 25 Beneficial Massachusetts Inc. 100.00 25 Beneficial Michigan Inc. 100.00 25 Beneficial New Hampshire Inc. 100.00 25 Beneficial Oregon Inc. 100.00 25 Beneficial Rhode Island Inc. 100.00 25 Beneficial South Dakota Inc. 100.00 25 Beneficial Tennessee Inc. 100.00 28 Beneficial West Virginia, Inc. 100.00 29 Beneficial Wyoming Inc. 100.00 30 BFC Insurance Agency of Nevada 100.00 223 Billingsgate Nominees Limited 100.00 17 Cal-Pacific Services, Inc. 100.00 27 Canada Crescent Nominees (UK) Limited 100.00 17 Canada Square Nominees (UK) Limited 100.00 17 Canada Square Property Participations Limited 100.00 17 Canada Water Nominees (UK) Limited 100.00 17 Capco/Cove, Inc. 100.00 31 Card-Flo #1, Inc. 100.00 32 Card-Flo #3, Inc. 100.00 25 Cayman International Finance Limited 100.00 33 CC&H Holdings LLC 100.00 34 CCF Charterhouse GmbH & Co Asset Leasing KG (In Liquidation) 100.00 (99.99) 35 CCF Charterhouse GmbH (in Liquidation) 100.00 (99.99) 4, 35 CCF Holding (LIBAN) S.A.L. (in liquidation) 74.99 1, 36 CCF & Partners Asset Management Limited 99.99 17 Charterhouse Administrators ( D.T.) Limited 100.00 (99.99) 9, 17 Charterhouse Development Limited 100.00 17 Charterhouse Management Services Limited 100.00 (99.99) 9, 17 Charterhouse Pensions Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Chongqing Dazu HSBC Rural Bank Company Limited (100.00) 12, 37 Chongqing Fengdu HSBC Rural Bank Company Limited 100.00 12, 38 Chongqing Rongchang HSBC Rural Bank Company Limited 100.00 12, 39 CL Residential Limited (in liquidation) 100.00 40 COIF Nominees Limited 100.00 17 Cordico Management AG 100.00 41 Corhold Limited (in liquidation) 100.00 42 Dalian Pulandian HSBC Rural Bank Company Limited 100.00 12, 43 Decision One Mortgage Company, LLC 100.00 44 Dem 5 100.00 (99.99) 4, 9, 45 Dem 9 100.00 (99.99) 4, 9, 45 Dempar 1 100.00 (99.99) 4, 9, 46 Dempar 4 100.00 (99.99) 9, 46 Desarrollo Turistico, S.A. de C.V. 99.99 9, 16 Ellenville Holdings, Inc. 100.00 31 Elysees GmbH (in Liquidation) 100.00 (99.99) 35 Elysées Immo Invest 100.00 (99.99) 4, 47 EMTT Limited (in liquidation) 100.00 17 Equator Holdings Limited (in liquidation) 100.00 17 Eton Corporate Services Limited 100.00 20 Far East Leasing SA 100.00 48 Fdm 5 SAS 100.00 (99.99) 4, 9, 45 FEPC Leasing Ltd. 100.00 49 Finanpar 2 100.00 (99.99) 4, 9, 47 Finanpar 7 100.00 (99.99) 4, 9, 47 Flandres Contentieux S.A. 100.00 (99.99) 1, 4, 9, 50 Foncière Elysées 100.00 (99.99) 4, 9, 46 Forward Trust Rail Services Limited 100.00 17 Fujian Yongan HSBC Rural Bank Company Limited 100.00 12, 51 Fulcher Enterprises Company Limited 100.00 (62.14) 52 Fundacion HSBC, A.C. 99.99 1, 9, 11, 16 Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH 100.00 (80.67) 9, 53 Gesico International SA (in liquidation) 100.00 54 Giller Ltd. 100.00 31 GPIF Co-Investment, LLC 80.00 25 GPIF-I Equity Co., Ltd. 100.00 8, 22 GPIF-I Finance Co., Ltd 100.00 8, 22 Griffin International Limited 100.00 17 Grupo Financiero HSBC, S. A. de C. V. 99.99 9, 16 Guangdong Enping HSBC Rural Bank Company Limited 100.00 12, 55 GZ Guyerzeller Corporation (in liquidation) 100.00 129 Hang Seng (Nominee) Limited 100.00 (62.14) 52 Hang Seng Bank (China) Limited 100.00 (62.14) 12, 57 Hang Seng Bank (Trustee) Limited 100.00 (62.14) 52 Hang Seng Bank Limited 62.14 52 Hang Seng Bullion Company Limited 100.00 (62.14) 52 Hang Seng Credit Limited 100.00 (62.14) 52 Hang Seng Data Services Limited 100.00 (62.14) 52 Hang Seng Finance Limited 100.00 (62.14) 52 Hang Seng Financial Information Limited 100.00 (62.14) 52 Hang Seng Futures Limited 100.00 (62.14) 52 Hang Seng Indexes Company Limited 100.00 (62.14) 52 Hang Seng Insurance Company Limited 100.00 (62.14) 52 Hang Seng Investment Management Limited 100.00 (62.14) 52 Hang Seng Investment Services Limited 100.00 52 Hang Seng Life Limited 100.00 52 Hang Seng Real Estate Management Limited 100.00 52 Hang Seng Securities Limited 100.00 52 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Hang Seng Security Management Limited 100.00 52 Haseba Investment Company Limited 100.00 52 HFC Bank Limited (in liquidation) 100.00 40 HFC Company LLC 100.00 25 High Time Investments Limited 100.00 (62.14) 52 HITG Administration GmbH 100.00 58 Honey Green Enterprises Ltd. 100.00 59 Hongkong International Trade Finance (Holdings) Limited (in liquidation) 100.00 17 Household Capital Markets LLC 100.00 25 Household Commercial Financial Services, Inc. 100.00 26 Household Finance Consumer Discount Company 100.00 25 Household Finance Corporation II 100.00 25 Household Finance Corporation III 100.00 25 Household Finance Corporation of Alabama 100.00 224 Household Finance Corporation of California 100.00 25 Household Finance Industrial Loan Company of Iowa 100.00 225 Household Finance Realty Corporation of Nevada 100.00 25 Household Finance Realty Corporation of New York 100.00 25 Household Financial Center Inc. 100.00 25 Household Industrial Finance Company 100.00 226 Household Insurance Group Holding Company 100.00 227 Household International Europe Limited (in liquidation) 100.00 3, 40 Household Pooling Corporation 100.00 60 Household Realty Corporation 100.00 25 HRMG Nominees Limited 100.00 20 HSBC (BGF) Investments Limited 100.00 17 HSBC (BVI) Limited (in liquidation) 100.00 56 HSBC (General Partner) Limited 100.00 2, 61 HSBC (Guernsey) GP PCC Limited 100.00 1, 20 HSBC (Kuala Lumpur) Nominees Sdn Bhd 100.00 62 HSBC (Malaysia) Trustee Berhad 100.00 63 HSBC (Singapore) Nominees Pte Ltd 100.00 64 HSBC Administradora de Inversiones S.A. 100.00 (99.65) 65 HSBC Agency (India) Private Limited 100.00 66 HSBC Alpha Funding (UK) Holdings LP (in liquidation) n/a 7, 67 HSBC Alternative Investments Limited 100.00 17 HSBC Amanah Malaysia Berhad 100.00 62 HSBC Amanah Takaful (Malaysia) Berhad 49.00 56, 62 HSBC Americas Corporation (Delaware) 100.00 25 HSBC Argentina Holdings S.A. 100.00 68 HSBC Asia Holdings (UK) Limited 100.00 17 HSBC Asia Holdings B.V. 100.00 3, 17 HSBC Asia Holdings Limited 100.00 2, 69 HSBC Asia Pacific Holdings (UK) Limited 100.00 17 HSBC Asset Finance (UK) Limited 100.00 17 HSBC Asset Finance Holdings Limited 100.00 17 HSBC Asset Finance M.O.G. Holdings (UK) Limited 100.00 17 HSBC Asset Management (India) Private Limited 100.00 (99.99) 3, 9, 70 HSBC Assurances Vie (France) 100.00 (99.99) 4, 9, 50 HSBC Australia Holdings Pty Limited 100.00 15 HSBC Bank (Chile) 100.00 (99.99) 9, 71 HSBC Bank (China) Company Limited 100.00 12, 72 HSBC Bank (General Partner) Limited 100.00 61 HSBC Bank (Mauritius) Limited 72.95 73 HSBC Bank (RR) (Limited Liability Company) 100.00 13, 74 HSBC Bank (Singapore) Limited 100.00 64 HSBC Bank (Taiwan) Limited 100.00 75 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Bank (Uruguay) S.A. 100.00 76 HSBC Bank (Vietnam) Ltd. 100.00 77 HSBC Bank A.S. 100.00 78 HSBC Bank Argentina S.A. 100.00 (99.99) 79 HSBC Bank Armenia cjsc 70.00 80 HSBC Bank Australia Limited 100.00 15 HSBC Bank Bermuda Limited 100.00 21 HSBC Bank Canada 100.00 81 HSBC Bank Capital Funding (Sterling 1) LP 100.00 7, 61 HSBC Bank Capital Funding (Sterling 2) LP 100.00 7, 61 HSBC Bank Egypt S.A.E 94.54 82 HSBC Bank International Limited 100.00 83 HSBC Bank Malaysia Berhad 100.00 62 HSBC Bank Malta p.l.c. 70.03 84 HSBC Bank Middle East Limited 100.00 5, 85 HSBC Bank Middle East Limited, Representative Office Morocco SARL 100.00 86 HSBC Bank Nominee (Jersey) Limited 100.00 83 HSBC Bank Oman S.A.O.G. 51.00 87 HSBC Bank Pension Trust (UK) Limited 100.00 17 HSBC Bank plc 100.00 2, 17 HSBC Bank Polska S.A. 100.00 3, 88 HSBC Bank USA, National Association 100.00 3, 89 HSBC Branch Nominee (UK) Limited 100.00 17 HSBC Brasil Holding S.A. 100.00 90 HSBC Brasil S.A. Banco De Investimento 100.00 90 HSBC Broking Forex (Asia) Limited 100.00 69 HSBC Broking Futures (Asia) Limited 100.00 69 HSBC Broking Futures (Hong Kong) Limited 100.00 69 HSBC Broking Nominees (Asia) Limited 100.00 69 HSBC Broking Securities (Asia) Limited 100.00 69 HSBC Broking Securities (Hong Kong) Limited 100.00 69 HSBC Broking Services (Asia) Limited 100.00 69 HSBC Canada Holdings (UK) Limited 100.00 17 HSBC Canadian Covered Bond (Legislative) GP Inc 100.00 199 HSBC Capital (Canada) Inc. 100.00 91 HSBC Capital (USA), Inc. 100.00 25 HSBC Capital Funding (Dollar 1) L.P. 100.00 61 HSBC Capital Limited 100.00 69 HSBC Card Services Inc. 100.00 25 HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC Cayman Services Limited 100.00 33 HSBC City Funding Holdings 100.00 17 HSBC Client Holdings Nominee (UK) Limited 100.00 17 HSBC Client Share Offer Nominee (UK) Limited 100.00 17 HSBC Columbia Funding, LLC 100.00 25 HSBC Corporate Advisory (Malaysia) Sdn Bhd 100.00 62 HSBC Corporate Finance (Hong Kong) Limited 100.00 69 HSBC Corporate Trustee Company (UK) Limited 100.00 17 HSBC Credit Center, Inc. 100.00 25 HSBC Custody Nominees (Australia) Limited 100.00 15 HSBC Custody Services (Guernsey) Limited 100.00 20 HSBC Daisy Investments (Mauritius) Limited 100.00 92 HSBC Diversified Loan Fund General Partner Sarl 100.00 93 HSBC Electronic Data Processing (Guangdong) Limited 100.00 12, 94 HSBC Electronic Data Processing (Malaysia) Sdn Bhd 100.00 95 HSBC Electronic Data Processing (Philippines), Inc. 100.00 96 HSBC Electronic Data Processing India Private Limited 100.00 97 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Electronic Data Processing Lanka (Private) Limited 100.00 98 HSBC Electronic Data Service Delivery (Egypt) S.A.E. 100.00 99 HSBC Enterprise Investment Company (UK) Limited 100.00 17 HSBC Epargne Entreprise (France) 100.00 (99.99) 4, 9, 50 HSBC Equator (UK) Limited (in liquidation) 100.00 17 HSBC Equipment Finance (UK) Limited 100.00 17 HSBC Equities (Luxembourg) S.a r.l. (in liquidation) 100.00 1, 100 HSBC Equity (UK) Limited 100.00 17 HSBC Europe B.V. 100.00 17 HSBC European Clients Depositary Receipts Nominee (UK) Limited (in liquidation) 100.00 17 HSBC Executor & Trustee Company (UK) Limited 100.00 17 HSBC Factoring (France) 100.00 (99.99) 4, 9, 46 HSBC Finance (Brunei) Berhad 100.00 101 HSBC Finance (Netherlands) 100.00 2, 17 HSBC Finance Corporation 100.00 25 HSBC Finance Limited 100.00 17 HSBC Finance Mortgages Inc. 100.00 102 HSBC Finance Transformation (UK) Limited 100.00 2, 17 HSBC Financial Services (Lebanon) s.a.l. 99.70 103 HSBC Financial Services (Middle East) Limited (In Liquidation) 100.00 104 HSBC Financial Services (Uruguay) S.A. (in liquidation) 100.00 105 HSBC France 99.99 4, 46 HSBC Fund Services (Korea) Limited 92.95 1, 106 HSBC Funding (UK) Holdings 100.00 17 HSBC Germany Holdings GmbH 100.00 53 HSBC Gestion (Monaco) SA 99.80 107 HSBC Global Asset Management (Bermuda) Limited 100.00 21 HSBC Global Asset Management (Canada) Limited 100.00 108 HSBC Global Asset Management (Deutschland) GmbH 100.00 (80.67) 9, 53 HSBC Global Asset Management (France) 100.00 (99.99) 4, 9, 109 HSBC Global Asset Management (Hong Kong) Limited 100.00 23 HSBC Global Asset Management (International) Limited 100.00 110 HSBC Global Asset Management (Japan) K. K. 100.00 111 HSBC Global Asset Management (Malta) Limited 100.00 (70.02) 112 HSBC Global Asset Management (México), S.A. de C.V., Sociedad Operadora de Fondos de Inversión, Grupo Financiero HSBC 99.99 9, 16 HSBC Global Asset Management (Oesterreich) GmbH 100.00 (80.67) 6, 9, 222 HSBC Global Asset Management (Singapore) Limited 100.00 64 HSBC Global Asset Management (Switzerland) AG 100.00 (90.33) 4, 9, 113 HSBC Global Asset Management (Taiwan) Limited 100.00 114 HSBC Global Asset Management (UK) Limited 100.00 17 HSBC Global Asset Management (USA) Inc. 100.00 115 HSBC Global Asset Management Holdings (Bahamas) Limited 100.00 116 HSBC Global Asset Management Limited 100.00 17 HSBC Global Custody Nominee (UK) Limited 100.00 17 HSBC Global Custody Proprietary Nominee (UK) Limited 100.00 17 HSBC Global Services (Hong Kong) Limited 100.00 69 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Global Services (UK) Limited 100.00 17 HSBC Global Services Limited 100.00 2, 17 HSBC Global Shared Services (India) Private Limited (in liquidation) 100.00 (99.99) 9, 66 HSBC Group Management Services Limited 100.00 17 HSBC Group Nominees UK Limited 100.00 1, 2, 17 HSBC Holdings B.V. 100.00 17 HSBC Home Equity Loan Corporation II 100.00 25 HSBC IM Pension Trust Limited 100.00 1, 17 HSBC Infrastructure Limited 100.00 17 HSBC INKA Investment-AG TGV 100.00 (80.67) 9, 14, 117 HSBC Inmobiliaria (Mexico), S.A. de C.V. 99.99 9, 16 HSBC Institutional Trust Services (Asia) Limited 100.00 69 HSBC Institutional Trust Services (Bermuda) Limited 100.00 118 HSBC Institutional Trust Services (Ireland) DAC 100.00 119 HSBC Institutional Trust Services (Mauritius) Limited 100.00 120 HSBC Institutional Trust Services (Singapore) Limited 100.00 64 HSBC Insurance (Asia) Limited 100.00 121 HSBC Insurance (Asia-Pacific) Holdings Limited 100.00 122 HSBC Insurance (Bermuda) Limited 100.00 21 HSBC Insurance (Singapore) Pte. Limited 100.00 64 HSBC Insurance Agency (USA) Inc. 100.00 123 HSBC Insurance Brokers (Philippines) Inc 100.00 (99.99) 9, 124 HSBC Insurance Brokers (Taiwan) Limited 100.00 125 HSBC Insurance Holdings Limited 100.00 2, 17 HSBC Insurance Management Services Limited (in liquidation) 100.00 126 HSBC Insurance Services (Lebanon) S.A.L. (in liquidation) 97.70 9, 127 HSBC Insurance Services Holdings Limited 100.00 17 HSBC International Finance Corporation (Delaware) 100.00 128 HSBC International Financial Services (UK) Limited (in liquidation) 100.00 17 HSBC International Holdings (Jersey) Limited 100.00 83 HSBC International Nominees Limited 100.00 1, 129 HSBC International Trade Finance Limited (in liquidation) 100.00 40 HSBC International Trustee (BVI) Limited 100.00 10, 130 HSBC International Trustee (Holdings) Pte. Limited 100.00 64 HSBC International Trustee Limited 100.00 129 HSBC Inversiones S.A. 99.99 9, 71 HSBC Inversiones y Servicios Financieros Limitada 100.00 (99.99) 9, 71 HSBC InvestDirect (India) Limited 99.99 (99.54) 131 HSBC InvestDirect Financial Services (India) Limited 100.00 (99.54) 9, 131 HSBC InvestDirect Sales & Marketing (India) Limited 99.99 (98.54) 9, 66 HSBC InvestDirect Securities (India) Private Limited 99.99 (99.61) 9, 131 HSBC Investment Bank Holdings B.V. 100.00 17 HSBC Investment Bank Holdings Limited 100.00 17 HSBC Investment Funds (Canada) Inc. 100.00 108 HSBC Investment Funds (Hong Kong) Limited 100.00 23 HSBC Investment Funds (Luxembourg) SA 100.00 100 HSBC Investments (Bahamas) Limited (in liquidation) 100.00 133 HSBC Invoice Finance (UK) Limited 100.00 134 HSBC Iris Investments (Mauritius) Ltd 100.00 92 HSBC Issuer Services Common Depositary Nominee (UK) Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Issuer Services Depositary Nominee (UK) Limited 100.00 17 HSBC Land Title Agency (USA) LLC 100.00 (55.00) 135 HSBC Latin America B.V. 100.00 17 HSBC Latin America Holdings (UK) Limited 100.00 2, 17 HSBC Leasing (Asia) Limited 100.00 69 HSBC Leasing (France) 100.00 (99.99) 4, 9, 45 HSBC Life (International) Limited 100.00 118 HSBC Life (UK) Limited 100.00 17 HSBC Life Assurance (Malta) Limited 100.00 (70.02) 112 HSBC Lodge Funding (UK) Holdings 100.00 17 HSBC LU Nominees Limited 100.00 17 HSBC Management (Guernsey) Limited 100.00 20 HSBC Markets (USA) Inc. 100.00 25 HSBC Marking Name Nominee (UK) Limited 100.00 17 HSBC Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero HSBC 99.99 16 HSBC Middle East Finance Company Limited 100.00 (80.00) 136 HSBC Middle East Holdings B.V. 100.00 2, 17 HSBC Middle East Leasing Partnership n/a 7, 9, 137 HSBC Middle East Securities L.L.C 49.00 56, 138 HSBC Mortgage Corporation (Canada) 100.00 81 HSBC Mortgage Corporation (USA) 100.00 25 HSBC Mortgage Services Inc. 100.00 25 HSBC Nominees (Asing) Sdn Bhd 100.00 62 HSBC Nominees (Hong Kong) Limited 100.00 69 HSBC Nominees (New Zealand) Limited 100.00 139 HSBC Nominees (Tempatan) Sdn Bhd 100.00 62 HSBC North America Holdings Inc. 100.00 25 HSBC Odeme Sistemleri Bilgisayar Teknolojileri Basin Yayin Ve Musteri Hizmetleri 100.00 (99.99) 140 HSBC Overseas Holdings (UK) Limited 100.00 2, 17 HSBC Overseas Investments Corporation (New York) 100.00 141 HSBC Overseas Nominee (UK) Limited 100.00 17 HSBC Participaciones (Argentina) S.A. 100.00 (99.99) 9, 68 HSBC PB Corporate Services 1 Limited 100.00 142 HSBC PB Services (Suisse) SA 100.00 143 HSBC Pension Trust (Ireland) DAC 100.00 119 HSBC Pensiones, S.A. 99.99 9, 144 HSBC PI Holdings (Mauritius) Limited 100.00 120 HSBC Portfoy Yonetimi A.S. 100.00 (99.98) 9, 145 HSBC Preferential LP (UK) 100.00 17 HSBC Private Bank (C.I.) Limited 100.00 20 HSBC Private Bank (Luxembourg) S.A. 100.00 100 HSBC Private Bank (Monaco) SA 100.00 4, 107 HSBC Private Bank (Suisse) SA 100.00 143 HSBC Private Bank (UK) Limited 100.00 17 HSBC Private Bank International 100.00 132 HSBC Private Banking Holdings (Suisse) SA 100.00 143 HSBC Private Banking Nominee 3 (Jersey) Limited 100.00 142 HSBC Private Equity Advisors LLC 100.00 25 HSBC Private Equity Investments (UK) Limited 100.00 17 HSBC Private Trustee (Hong Kong) Limited 100.00 69 HSBC Private Wealth Services (Canada) Inc. 100.00 108 HSBC Professional Services (India) Private Limited 100.00 66 HSBC Property (UK) Limited 100.00 17 HSBC Property Funds (Holding) Limited 100.00 17 HSBC Property Funds Investment Limited (in liquidation) 100.00 40 HSBC Provident Fund Trustee (Hong Kong) Limited 100.00 69 HSBC Qianhai Securities Limited 100.00 (51.00) 1, 12, 146 HSBC Rail (UK) Limited 100.00 17 HSBC Real Estate Leasing (France) 99.00 4, 9, 50 HSBC Realty Credit Corporation (USA) 100.00 25 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC REIM (France) 100.00 (99.99) 4, 9, 50 HSBC Representative Office (Nigeria) Limited 100.00 147 HSBC Retail Services Inc. 100.00 25 HSBC Retirement Benefits Trustee (UK) Limited 100.00 1, 2, 17 HSBC Savings Bank (Philippines) Inc. 99.99 148 HSBC Securities (Asia) Limited 100.00 69 HSBC Securities (B) Berhad 100.00 1, 101 HSBC Securities (Canada) Inc. 100.00 149 HSBC Securities (Egypt) S.A.E. 100.00 (94.65) 82 HSBC Securities (Japan) Limited 100.00 17 HSBC Securities (Philippines) Inc. 99.99 1, 9, 150 HSBC Securities (Singapore) Pte Limited 100.00 64 HSBC Securities (South Africa) (Pty) Limited 100.00 151 HSBC Securities (Taiwan) Corporation Limited 100.00 75 HSBC Securities (USA) Inc. 100.00 25 HSBC Securities and Capital Markets (India) Private Limited 99.99 9, 66 HSBC Securities Asia International Nominees Limited 100.00 152 HSBC Securities Asia Nominees Limited 100.00 69 HSBC Securities Brokers (Asia) Limited 100.00 69 HSBC Securities Investments (Asia) Limited 100.00 69 HSBC Securities Services (Bermuda) Limited 100.00 118 HSBC Securities Services (Guernsey) Limited 100.00 20 HSBC Securities Services (Ireland) DAC 100.00 119 HSBC Securities Services (Luxembourg) S.A. 100.00 100 HSBC Securities Services (USA) Inc. 100.00 153 HSBC Securities Services Holding Limited 100.00 129 HSBC Securities Services Holdings (Ireland) DAC 100.00 119 HSBC Seguros de Retiro (Argentina) S.A. 100.00 (99.99) 9, 68 HSBC Seguros de Vida (Argentina) S.A. 100.00 (99.99) 9, 68 HSBC Seguros, S.A de C.V., Grupo Financiero HSBC 99.99 3, 9, 144 HSBC Service Delivery (Polska) Sp. z o.o. 100.00 154 HSBC Services (France) 100.00 (99.99) 4, 9, 46 HSBC Services Japan Limited 100.00 133 HSBC Servicios Financieros, S.A. de C.V. 99.99 9, 16 HSBC Servicios, S.A. DE C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC SFH (France) 100.00 (99.99) 4, 9, 50 HSBC Software Development (Canada) Inc 100.00 155 HSBC Software Development (Guangdong) Limited 100.00 12, 156 HSBC Software Development (India) Private Limited 100.00 157 HSBC Software Development (Malaysia) Sdn Bhd 100.00 95 HSBC Specialist Investments Limited 100.00 17 HSBC Stockbroker Services (Client Assets) Nominees Limited 100.00 17 HSBC Stockbrokers Nominee (UK) Limited 100.00 17 HSBC Taxpayer Financial Services Inc. 100.00 25 HSBC Technology & Services (China) Limited 100.00 12, 158 HSBC Technology & Services (USA) Inc. 100.00 25 HSBC TFS I 2005 LLC 100.00 32 HSBC Transaction Services GmbH 100.00 6, 159 HSBC Trinkaus & Burkhardt (International) S.A. 100.00 (80.67) 100 HSBC Trinkaus & Burkhardt AG 100.00 (80.67) 14, 53 HSBC Trinkaus & Burkhardt Gesellschaft fur Bankbeteiligungen mbH 100.00 (80.67) 53 HSBC Trinkaus Europa Immobilien-Fonds Nr. 5 GmbH 100.00 (80.67) 53 HSBC Trinkaus Family Office GmbH 100.00 (80.67) 6, 53 HSBC Trinkaus Immobilien Beteiligungs KG 100.00 (80.67) 53 HSBC Trinkaus Real Estate GmbH 100.00 (80.67) 6, 53 HSBC Trust Company (Canada) 100.00 81 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Trust Company (Delaware), National Association 100.00 1, 160 HSBC Trust Company (UK) Limited 100.00 17 HSBC Trust Company AG 100.00 41 HSBC Trustee (C.I.) Limited 100.00 142 HSBC Trustee (Cayman) Limited 100.00 161 HSBC Trustee (Guernsey) Limited 100.00 20 HSBC Trustee (Hong Kong) Limited 100.00 69 HSBC Trustee (Mauritius) Limited (in liquidation) 100.00 162 HSBC Trustee (Singapore) Limited 100.00 64 HSBC UK Bank plc 100.00 17 HSBC UK Holdings Limited 100.00 2, 17 HSBC USA Inc. 100.00 141 HSBC Valores S.A. 100.00 (99.99) 9, 163 HSBC Violet Investments (Mauritius) Limited 100.00 92 HSBC Wealth Client Nominee Limited 100.00 17 HSBC Yatirim Menkul Degerler A.S. 99.99 (99.98) 9, 145 HSI Asset Securitization Corporation 100.00 25 HSI International Limited 100.00 (62.14) 52 HSIL Investments Limited 100.00 17 Hubei Macheng HSBC Rural Bank Company Limited 100.00 12, 164 Hubei Suizhou Cengdu HSBC Rural Bank Company Limited 100.00 12, 165 Hubei Tianmen HSBC Rural Bank Company Limited 100.00 12, 166 Hunan Pingjiang HSBC Rural Bank Company Limited 100.00 12, 167 Imenson Limited 100.00 (62.14) 52 INKA Internationale Kapitalanlagegesellschaft mbH 100.00 (80.67) 159 Inmobiliaria Banci, S.A. de C.V. 100.00 (98.91) 3, 16 Inmobiliaria Bisa, S.A. de C.V. 100.00 (99.99) 9, 16 Inmobiliaria Grufin, S.A. de C.V. 100.00 (99.99) 9, 16 Inmobiliaria Guatusi, S.A. de C.V. 100.00 (99.99) 3, 9, 16 IRERE Property Investments (French Offices) Sarl 100.00 168 James Capel & Co. Limited 100.00 17 James Capel (Channel Islands) Nominees Limited 100.00 110 James Capel (Nominees) Limited 100.00 17 James Capel (Second Nominees) Limited (in liquidation) 100.00 17 James Capel (Taiwan) Nominees Limited 100.00 17 John Lewis Financial Services Limited 100.00 17 Keyser Ullmann Limited 100.00 (99.99) 9, 17 Kings Meadow Nominees Limited 100.00 169 Legend Estates Limited 100.00 17 Lion Corporate Services Limited 100.00 69 Lion International Corporate Services Limited 100.00 129 Lion International Management Limited 100.00 129 Lion Management (Hong Kong) Limited 100.00 69 Lyndholme Limited 100.00 69 Marks and Spencer Financial Services plc 100.00 169 Marks and Spencer Retail Financial Services Holdings Limited 100.00 169 Marks and Spencer Savings and Investments Limited 100.00 169 Marks and Spencer Unit Trust Management Limited 100.00 169 Maxima S.A. AFJP (in liquidation) 100.00 (99.98) 68 Mercantile Company Limited 100.00 17 Mexicana de Fomento, S.A. de C.V. 99.80 16 Midcorp Limited 100.00 17 Midland Bank (Branch Nominees) Limited 100.00 17 Midland Nominees Limited 100.00 17 MIL (Cayman) Limited 100.00 33 MW Gestion SA 100.00 68 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Promocion en Bienes Raices, S.A. de C.V. 100.00 (99.19) 3, 9, 16 Prudential Client HSBC GIS Nominee (UK) Limited 100.00 17 PT Bank HSBC Indonesia 100.00 (98.93) 170 PT HSBC Sekuritas Indonesia 100.00 (85.00) 171 R/CLIP Corp. 100.00 25 Republic Nominees Limited 100.00 20 Republic Overseas Capital Corporation 100.00 123 RLUKREF Nominees (UK) One Limited 100.00 17 RLUKREF Nominees (UK) Two Limited 100.00 17 S.A.P.C. - Ufipro Recouvrement 100.00 (99.97) 11, 45 Saf Baiyun 100.00 (99.99) 4, 9, 47 Saf Chang Jiang 100.00 (99.99) 4, 9, 47 Saf Chang Jiang Shi Liu 100.00 (99.99) 4, 9, 47 Saf Chang Jiang Shi Wu 100.00 (99.99) 1, 4, 9, 47 Saf Guangzhou 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Yi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Ba 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Er 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Jiu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Liu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Qi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang San 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Ba 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Er 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Jiu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Liu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Qi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Wu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shiyi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Wu 100.00 (99.99) 4, 9, 47 Samada Limited 100.00 142 SAS Bosquet-Audrain 100.00 (94.90) 1, 4, 221 SAS Cyatheas Pasteur 100.00 (94.93) 1, 4, 45 SAS Orona 100.00 (94.92) 1, 4, 220 SCI HSBC Assurances Immo 100.00 (99.99) 1, 9, 11, 50 Secondary Club Deal I GP Limited 100.00 20 Secondary Club Deal II GP Limited 100.00 20 SFSS Nominees (Pty) Limited 100.00 151 Shandong Rongcheng HSBC Rural Bank Company Limited 100.00 12, 172 Sico Limited 100.00 173 SNC Dorique 100.00 (99.99) 1,9,11,174 SNC Kerouan 100.00 (99.99) 1, 9, 11, 47 SNC Les Mercuriales 100.00 (99.99) 1, 9, 11, 47 SNC Les Oliviers D'Antibes 59.99 11, 50 SNC Makala 100.00 (99.99) 1,9,11,47 SNC Nuku-Hiva Bail 100.00 (99.99) 1,9,11,47 SNCB/M6 - 2008 A 100.00 (99.99) 1, 4, 9, 47 SNCB/M6-2007 A 100.00 (99.99) 1, 4, 9, 47 SNCB/M6-2007 B 100.00 (99.99) 1, 4, 9, 47 Societe CCF Finance Moyen-Orient S.A.L. 96.64 (99.99) 4, 9, 36 Société Financière et Mobilière 100.00 (99.99) 4, 9, 46 Société Française et Suisse 100.00 (99.99) 4, 9, 47 Societe Immobiliere Atlas S.A. 100.00 143 Somers Dublin DAC 100.00 119 Somers Nominees (Far East) Limited 100.00 118 Sopingest 100.00 (99.99) 4, 9, 47 South Yorkshire Light Rail Limited 100.00 17 SPE 1 2005 Manager Inc. 100.00 32 St Cross Trustees Limited 100.00 17 Sun Hung Kai Development (Lujiazui III) Limited 100.00 12, 175 Swan National Leasing (Commercials) Limited 100.00 17 Swan National Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Tasfiye Halinde HSBC Internet ve Telekomunikasyon Hizmetleri Anonim Sirketi (in liquidation) 100.00 (99.99) 176 Tempus Management AG (in liquidation) 100.00 41 Thasosfin 100.00 (99.99) 4, 9, 50 The Hongkong and Shanghai Banking Corporation Limited 100.00 69 The Venture Catalysts Limited 100.00 17 Timberlink Settlement Services (USA) Inc. 100.00 25 TKM International Limited (in liquidation) 100.00 17 Tooley Street View Limited 100.00 1, 2, 17 Tower Investment Management 100.00 177 Trinkaus Australien Immobilien Fonds Nr. 1 Brisbane GmbH & Co. KG 100.00 (80.67) 53 Trinkaus Australien Immobilien-Fonds Nr. 1 Treuhand-GmbH 100.00 (80.67) 6, 53 Trinkaus Canada Immobilien-Fonds Nr. 1 Verwaltungs-GmbH 100.00 (80.67) 53 Trinkaus Europa Immobilien-Fonds Nr.3 Objekt Utrecht Verwaltungs-GmbH 100.00 (80.67) 53 Trinkaus Immobilien-Fonds Geschaeftsfuehrungs-GmbH 100.00 (80.67) 6, 53 Trinkaus Immobilien-Fonds Verwaltungs-GmbH 100.00 (80.67) 6, 53 Trinkaus Private Equity Management GmbH 100.00 (80.67) 53 Trinkaus Private Equity Verwaltungs GmbH 100.00 (80.67) 6, 53 Tropical Nominees Limited 100.00 33 Turnsonic (Nominees) Limited 100.00 17 Vadep Holding AG (in liquidation) 100.00 178 Valeurs Mobilières Elysées 100.00 (99.99) 4, 9, 179 Vintage 2016 HV GP Limited (in liquidation) 100.00 20 Vintage 2016 KKR GP Limited (in liquidation) 100.00 20 Vintage 2017 Athyrium GP Limited (in liquidation) 100.00 20 Vintage I Secondary GP Limited (in liquidation) 100.00 20 Vintage III Special Situations GP Limited (in liquidation) 100.00 20 Wardley Limited 100.00 69 Wayfoong Credit Limited 100.00 69 Wayfoong Finance Limited 100.00 69 Wayfoong Nominees Limited 100.00 69 Wayhong (Bahamas) Limited (in liquidation) 100.00 116 Westminster House, LLC 100.00 25 Woodex Limited 100.00 21 Yan Nin Development Company Limited 62.14 52

Structured entities (Tables)

Structured entities (Tables)	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Disclosure of total assets of consolidated structured entities	Total assets of HSBC’s consolidated structured entities, split by entity type Conduits Securitisations HSBC Other Total $bn $bn $bn $bn $bn At 31 Dec 2017 12.9 4.8 7.0 3.2 27.9 At 31 Dec 2016 15.8 5.7 4.8 3.7 30.0
Disclosure of information about unconsolidated structured entities	Nature and risks associated with HSBC interests in unconsolidated structured entities Securitisations HSBC Non-HSBC Other Total Total asset values of the entities ($m) 0 – 500 78 321 930 210 1,539 500 – 2,000 6 56 578 3 643 2,000 – 5,000 — 17 235 — 252 5,000 – 25,000 2 10 104 1 117 25,000+ — 2 11 — 13 Number of entities at 31 Dec 2017 86 406 1,858 214 2,564 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 4.0 9.1 9.3 4.1 26.5 – trading assets — 0.2 0.2 2.4 2.8 – financial assets designated at fair value — 8.0 8.3 — 16.3 – loans and advances to banks — — — 0.1 0.1 – loans and advances to customers 4.0 — — 1.1 5.1 – financial investments — 0.9 0.8 0.1 1.8 – other assets — — — 0.4 0.4 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.3 0.3 – other liabilities — — — 0.3 0.3 Other off balance sheet commitments — 0.1 2.2 0.3 2.6 HSBC’s maximum exposure at 31 Dec 2017 4.0 9.2 11.5 4.4 29.1 Total asset values of the entities ($m) 0 – 500 93 374 1,104 95 1,666 500 – 2,000 10 43 498 5 556 2,000 – 5,000 — 22 187 2 211 5,000 – 25,000 — 8 72 2 82 25,000+ — 1 4 1 6 Number of entities at 31 Dec 2016 103 448 1,865 105 2,521 $bn $bn $bn $bn $bn Total assets in relation to HSBC’s interests in the unconsolidated structured entities 2.4 7.1 8.3 6.2 24.0 – trading assets — 0.4 0.1 2.1 2.6 – financial assets designated at fair value — 5.9 7.5 — 13.4 – loans and advances to banks — — — 0.4 0.4 – loans and advances to customers 2.4 — — 3.2 5.6 – financial investments — 0.8 0.7 0.2 1.7 – other assets — — — 0.3 0.3 Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities — — — 0.2 0.2 – other liabilities — — — 0.2 0.2 Other off balance sheet commitments — — 2.7 0.1 2.8 HSBC’s maximum exposure at 31 Dec 2016 2.4 7.1 11.0 6.3 26.8

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	12 Months Ended
	Dec. 31, 2017
Intangible Assets [Abstract]
Disclosure of components of goodwill and intangible assets	2017 2016 Footnote $m $m Goodwill 13,588 12,330 Present value of in-force long-term insurance business 6,610 6,502 Other intangible assets 1 3,255 2,514 At 31 Dec 23,453 21,346 1 Included within other intangible assets is internally generated software with a net carrying value of $ 2,641m (2016: $ 1,982m ).
Disclosure of reconciliation of changes in intangible assets and goodwill	Movement analysis of goodwill 2017 2016 $m $m Gross amount At 1 Jan 21,445 22,187 Exchange differences 1,490 (562 ) Reclassified to held for sale — (183 ) Other (33 ) 3 At 31 Dec 22,902 21,445 Accumulated impairment losses At 1 Jan (9,115 ) (5,893 ) Impairment losses — (3,240 ) Exchange differences (327 ) — Other 128 18 At 31 Dec (9,314 ) (9,115 ) Net carrying amount at 31 Dec 13,588 12,330 Movements in PVIF 2017 2016 Footnotes $m $m PVIF at 1 Jan 6,502 5,685 Change in PVIF of long-term insurance business 24 902 – value of new business written during the year 919 900 – expected return 1 (599 ) (532 ) – assumption changes and experience variances (see below) (280 ) 513 – other adjustments (16 ) 21 Transfer of assets classified as held for sale 2 — (45 ) Exchange differences and other 84 (40 ) PVIF at 31 Dec 6,610 6,502 1 ‘Expected return’ represents the unwinding of the discount rate and reversal of expected cash flows for the period. 2 Relates to the Brazilian insurance operations which were classified as held for sale in 2015.
Disclosure of key assumption in value in use calculation	Key assumptions in VIU calculation Goodwill at Discount Nominal growth rate beyond initial cash flow projections Goodwill at Discount rate Nominal growth rate beyond initial cash flow projections Footnote $m % % $m % % Cash-generating unit Europe RBWM 3,508 8.9 3.7 3,446 8.9 3.6 CMB 2,570 9.9 3.6 2,517 9.7 3.8 Global GB&M 1 4,000 10.6 5.8 n/a n/a n/a 1 Subsequent to the 1 July 2016 annual test the CGU for Global Banking and Markets was amended from a regional to a global basis. The first formal impairment test for this CGU was performed as at 1 July 2017.
Disclosure of assumptions for long-duration contracts	2017 2016 Hong Kong France 1 Hong Kong France 1 % % % % Weighted average risk-free rate 2.02 1.50 2.09 0.99 Weighted average risk discount rate 6.20 2.20 6.34 1.84 Expense inflation 3.00 1.48 3.00 1.66 1 For 2017, the calculation of France’s PVIF assumes a risk discount rate of 2.20% (2016: 1.84% ) plus a risk margin of $80m (2016: $101m ).

Prepayments, accrued income a72

Prepayments, accrued income and other assets (Tables)	12 Months Ended
	Dec. 31, 2017
Subclassifications of assets, liabilities and equities [abstract]
Disclosure of detailed information about prepayments, accrued income and other assets	2017 2016 $m $m Prepayments and accrued income 7,929 7,335 Assets held for sale 781 4,389 Bullion 13,128 15,406 Endorsements and acceptances 9,750 8,574 Reinsurers’ share of liabilities under insurance contracts (Note 3) 2,471 1,820 Employee benefit assets (Note 5) 8,752 4,714 Other accounts 14,353 12,298 Property, plant and equipment 10,027 9,373 At 31 Dec 67,191 63,909

Trading liabilities (Tables)

Trading liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of trading liabilities	2017 2016 Footnotes $m $m Deposits by banks 1 23,297 24,827 Customer accounts 1, 2 52,595 45,085 Other debt securities in issue (Note 24) 3 40,734 32,656 Other liabilities – net short positions in securities 67,735 51,123 At 31 Dec 184,361 153,691 1 ‘Deposits by banks’ and ‘Customer accounts’ include repos, settlement accounts, stock lending, cash collateral and margin accounts relating to trading activities. 2 Structured deposits placed at HSBC Bank USA and HSBC Trust Company (Delaware) National Association are insured by the Federal Deposit Insurance Corporation, a US government agency, up to $250,000 per depositor. 3 ‘Other debt securities in issue’ comprises structured notes issued by HSBC for which market risks are actively managed as part of trading portfolios. HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 HSBC’s subordinated liabilities 2017 2016 $m $m At amortised cost 19,826 20,984 – subordinated liabilities 17,988 19,230 – preferred securities 1,838 1,754 Designated at fair value (Note 23) 24,290 23,583 – subordinated liabilities 23,831 23,172 – preferred securities 459 411 At 31 Dec 44,116 44,567 Issued by HSBC subsidiaries 15,470 16,860 Issued by HSBC Holdings 28,646 27,707 HSBC’s subordinated liabilities in issue 2017 2016 Footnotes First call date Maturity date $m $m Additional tier 1 capital securities guaranteed by HSBC Holdings plc 1 $900m 10.176% non-cumulative step-up perpetual preferred securities, series 2 Jun 2030 892 891 892 891 Additional tier 1 capital securities guaranteed by HSBC Bank plc 1 £300m 5.862% non-cumulative step-up perpetual preferred securities Apr 2020 459 411 £700m 5.844% non-cumulative step-up perpetual preferred securities Nov 2031 946 863 1,405 1,274 Tier 2 securities issued by HSBC Bank plc $750m Undated floating rate primary capital notes Jun 1990 750 750 $500m Undated floating rate primary capital notes Sep 1990 500 500 $300m Undated floating rate primary capital notes, series 3 Jun 1992 300 300 $300m 7.65% subordinated notes — May 2025 375 372 £350m 5.00% callable subordinated notes 2 Mar 2018 Mar 2023 496 466 £300m 6.50% subordinated notes — Jul 2023 405 369 £350m 5.375% callable subordinated step-up notes 3 Nov 2025 Nov 2030 584 489 £500m 5.375% subordinated notes — Aug 2033 912 750 £225m 6.25% subordinated notes — Jan 2041 303 276 £600m 4.75% subordinated notes — Mar 2046 802 731 5,427 5,003 Tier 2 securities issued by The Hongkong and Shanghai Banking Corporation Ltd $400m Primary capital undated floating rate notes (third series) Jul 1991 400 400 400 400 Tier 2 securities issued by HSBC Bank Malaysia Berhad MYR500m 4.35% subordinated bonds 4 Jun 2017 Jun 2022 — 112 MYR500m 5.05% subordinated bonds Nov 2022 Nov 2027 123 112 123 224 Tier 2 securities issued by HSBC USA Inc. $750m 5.00% subordinated notes — Sep 2020 748 748 $250m 7.20% subordinated debentures — Jul 2097 221 220 Other subordinated liabilities each less than $150m 5 277 284 1,246 1,252 Tier 2 securities issued by HSBC Bank USA, N.A. $500m 6.00% subordinated notes — Aug 2017 — 498 $1,250m 4.875% subordinated notes — Aug 2020 1,236 1,257 $1,000m 5.875% subordinated notes — Nov 2034 1,272 1,137 $750m 5.625% subordinated notes — Aug 2035 955 862 $700m 7.00% subordinated notes — Jan 2039 700 701 4,163 4,455 Tier 2 securities issued by HSBC Finance Corporation $2,939m 6.676% senior subordinated notes 6 — Jan 2021 1,092 2,192 Tier 2 securities issued by HSBC Bank Canada CAD400m 4.80% subordinated debentures 4 Apr 2017 Apr 2022 — 299 Other subordinated liabilities each less than $150m Oct 1996 Nov 2083 31 29 31 328 Securities issued by HSBC Mexico, S.A. $300m Non-convertible subordinated obligations 7, 8 Jun 2014 Jun 2019 240 240 Other subordinated liability less than $150m 7, 9 115 198 355 438 Securities issued by other HSBC subsidiaries Other subordinated liabilities each less than $200m 5 336 403 Subordinated liabilities issued by HSBC subsidiaries at 31 Dec 15,470 16,860 1 See paragraph below, ‘Guaranteed by HSBC Holdings or HSBC Bank plc’. 2 In January 2018, HSBC gave notice it will redeem these securities. 3 The interest rate payable after November 2025 is the sum of the three-month sterling Libor plus 1.50% percentage points. 4 In 2017 HSBC redeemed these securities. 5 Some securities included here are ineligible for inclusion in the capital base of HSBC. 6 HSBC tendered for these securities in 2017. In January 2018 a further tender was conducted. The principal balance is now $509m . 7 These securities are ineligible for inclusion in the capital base of HSBC. 8 Approximately $60m of these securities are held by HSBC Holdings. 9 In February 2018, HSBC gave notice it will redeem these securities. HSBC Holdings 2017 2016 $m $m At amortised cost 15,877 15,189 Designated at fair value (Note 23) 13,394 13,347 At 31 Dec 29,271 28,536 HSBC Holdings’ subordinated liabilities First call Maturity 2017 2016 Footnotes date date $m $m Tier 2 securities issued by HSBC Holdings plc Amounts owed to third parties $2,000m 4.25% subordinated notes 2,4 — Mar 2024 2,038 2,060 $1,500m 4.25% subordinated notes 2 — Jun 2025 1,586 1,539 $1,500m 4.375% subordinated notes 2 — Nov 2026 1,580 1,520 $488m 7.625% subordinated notes 1 — May 2032 553 528 $222m 7.35% subordinated notes 1 — Nov 2032 248 278 $2,000m 6.5% subordinated notes 1 — May 2036 2,042 2,029 $2,500m 6.5% subordinated notes 1 — Sep 2037 3,365 3,170 $1,500m 6.8% subordinated notes 1 — Jun 2038 1,489 1,487 $1,500m 5.25% subordinated notes 2,4 — Mar 2044 1,755 1,747 £900m 6.375% subordinated notes 1,3 Oct 2017 Oct 2022 — 1,163 £650m 5.75% subordinated notes 2 — Dec 2027 1,114 932 £650m 6.75% subordinated notes 2 — Sep 2028 873 793 £750m 7.0% subordinated notes 2 — Apr 2038 1,043 971 £900m 6.0% subordinated notes 2 — Mar 2040 1,199 1,086 €1,600m 6.25% subordinated notes 2 — Mar 2018 1,918 1,693 €1,750m 6.0% subordinated notes 2 — Jun 2019 2,349 2,168 €1,500m 3.375% subordinated notes 2,4 Jan 2019 Jan 2024 1,827 1,626 €1,500m 3.0% subordinated notes 2 — Jun 2025 2,037 1,716 €1,000m 3.125% subordinated notes 2 — Jun 2028 1,363 1,139 28,379 27,645 Amounts owed to HSBC undertakings $900m 10.176% subordinated step-up cumulative notes Jun 2030 Jun 2040 892 891 892 891 At 31 Dec 29,271 28,536 1 Amounts owed to third parties represent securities included in the capital base of HSBC as tier 2 securities in accordance with the grandfathering provisions under CRD IV rules. 2 These securities are included in the capital base of HSBC as fully CRD IV compliant tier 2 securities on an end point basis. 3 In 2017, HSBC redeemed these securities. 4 These subordinated notes are measured at amortised cost in HSBC Holdings, where the interest rate risk is hedged using a fair value hedge, while they are measured at fair value in the Group.

Financial liabilties designat74

Financial liabilties designated at fair value (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of financial liabilities measured at fair value	2017 2016 Footnotes $m $m Deposits by banks 1 23,297 24,827 Customer accounts 1, 2 52,595 45,085 Other debt securities in issue (Note 24) 3 40,734 32,656 Other liabilities – net short positions in securities 67,735 51,123 At 31 Dec 184,361 153,691 1 ‘Deposits by banks’ and ‘Customer accounts’ include repos, settlement accounts, stock lending, cash collateral and margin accounts relating to trading activities. 2 Structured deposits placed at HSBC Bank USA and HSBC Trust Company (Delaware) National Association are insured by the Federal Deposit Insurance Corporation, a US government agency, up to $250,000 per depositor. 3 ‘Other debt securities in issue’ comprises structured notes issued by HSBC for which market risks are actively managed as part of trading portfolios. HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 HSBC’s subordinated liabilities 2017 2016 $m $m At amortised cost 19,826 20,984 – subordinated liabilities 17,988 19,230 – preferred securities 1,838 1,754 Designated at fair value (Note 23) 24,290 23,583 – subordinated liabilities 23,831 23,172 – preferred securities 459 411 At 31 Dec 44,116 44,567 Issued by HSBC subsidiaries 15,470 16,860 Issued by HSBC Holdings 28,646 27,707 HSBC’s subordinated liabilities in issue 2017 2016 Footnotes First call date Maturity date $m $m Additional tier 1 capital securities guaranteed by HSBC Holdings plc 1 $900m 10.176% non-cumulative step-up perpetual preferred securities, series 2 Jun 2030 892 891 892 891 Additional tier 1 capital securities guaranteed by HSBC Bank plc 1 £300m 5.862% non-cumulative step-up perpetual preferred securities Apr 2020 459 411 £700m 5.844% non-cumulative step-up perpetual preferred securities Nov 2031 946 863 1,405 1,274 Tier 2 securities issued by HSBC Bank plc $750m Undated floating rate primary capital notes Jun 1990 750 750 $500m Undated floating rate primary capital notes Sep 1990 500 500 $300m Undated floating rate primary capital notes, series 3 Jun 1992 300 300 $300m 7.65% subordinated notes — May 2025 375 372 £350m 5.00% callable subordinated notes 2 Mar 2018 Mar 2023 496 466 £300m 6.50% subordinated notes — Jul 2023 405 369 £350m 5.375% callable subordinated step-up notes 3 Nov 2025 Nov 2030 584 489 £500m 5.375% subordinated notes — Aug 2033 912 750 £225m 6.25% subordinated notes — Jan 2041 303 276 £600m 4.75% subordinated notes — Mar 2046 802 731 5,427 5,003 Tier 2 securities issued by The Hongkong and Shanghai Banking Corporation Ltd $400m Primary capital undated floating rate notes (third series) Jul 1991 400 400 400 400 Tier 2 securities issued by HSBC Bank Malaysia Berhad MYR500m 4.35% subordinated bonds 4 Jun 2017 Jun 2022 — 112 MYR500m 5.05% subordinated bonds Nov 2022 Nov 2027 123 112 123 224 Tier 2 securities issued by HSBC USA Inc. $750m 5.00% subordinated notes — Sep 2020 748 748 $250m 7.20% subordinated debentures — Jul 2097 221 220 Other subordinated liabilities each less than $150m 5 277 284 1,246 1,252 Tier 2 securities issued by HSBC Bank USA, N.A. $500m 6.00% subordinated notes — Aug 2017 — 498 $1,250m 4.875% subordinated notes — Aug 2020 1,236 1,257 $1,000m 5.875% subordinated notes — Nov 2034 1,272 1,137 $750m 5.625% subordinated notes — Aug 2035 955 862 $700m 7.00% subordinated notes — Jan 2039 700 701 4,163 4,455 Tier 2 securities issued by HSBC Finance Corporation $2,939m 6.676% senior subordinated notes 6 — Jan 2021 1,092 2,192 Tier 2 securities issued by HSBC Bank Canada CAD400m 4.80% subordinated debentures 4 Apr 2017 Apr 2022 — 299 Other subordinated liabilities each less than $150m Oct 1996 Nov 2083 31 29 31 328 Securities issued by HSBC Mexico, S.A. $300m Non-convertible subordinated obligations 7, 8 Jun 2014 Jun 2019 240 240 Other subordinated liability less than $150m 7, 9 115 198 355 438 Securities issued by other HSBC subsidiaries Other subordinated liabilities each less than $200m 5 336 403 Subordinated liabilities issued by HSBC subsidiaries at 31 Dec 15,470 16,860 1 See paragraph below, ‘Guaranteed by HSBC Holdings or HSBC Bank plc’. 2 In January 2018, HSBC gave notice it will redeem these securities. 3 The interest rate payable after November 2025 is the sum of the three-month sterling Libor plus 1.50% percentage points. 4 In 2017 HSBC redeemed these securities. 5 Some securities included here are ineligible for inclusion in the capital base of HSBC. 6 HSBC tendered for these securities in 2017. In January 2018 a further tender was conducted. The principal balance is now $509m . 7 These securities are ineligible for inclusion in the capital base of HSBC. 8 Approximately $60m of these securities are held by HSBC Holdings. 9 In February 2018, HSBC gave notice it will redeem these securities. HSBC Holdings 2017 2016 $m $m At amortised cost 15,877 15,189 Designated at fair value (Note 23) 13,394 13,347 At 31 Dec 29,271 28,536 HSBC Holdings’ subordinated liabilities First call Maturity 2017 2016 Footnotes date date $m $m Tier 2 securities issued by HSBC Holdings plc Amounts owed to third parties $2,000m 4.25% subordinated notes 2,4 — Mar 2024 2,038 2,060 $1,500m 4.25% subordinated notes 2 — Jun 2025 1,586 1,539 $1,500m 4.375% subordinated notes 2 — Nov 2026 1,580 1,520 $488m 7.625% subordinated notes 1 — May 2032 553 528 $222m 7.35% subordinated notes 1 — Nov 2032 248 278 $2,000m 6.5% subordinated notes 1 — May 2036 2,042 2,029 $2,500m 6.5% subordinated notes 1 — Sep 2037 3,365 3,170 $1,500m 6.8% subordinated notes 1 — Jun 2038 1,489 1,487 $1,500m 5.25% subordinated notes 2,4 — Mar 2044 1,755 1,747 £900m 6.375% subordinated notes 1,3 Oct 2017 Oct 2022 — 1,163 £650m 5.75% subordinated notes 2 — Dec 2027 1,114 932 £650m 6.75% subordinated notes 2 — Sep 2028 873 793 £750m 7.0% subordinated notes 2 — Apr 2038 1,043 971 £900m 6.0% subordinated notes 2 — Mar 2040 1,199 1,086 €1,600m 6.25% subordinated notes 2 — Mar 2018 1,918 1,693 €1,750m 6.0% subordinated notes 2 — Jun 2019 2,349 2,168 €1,500m 3.375% subordinated notes 2,4 Jan 2019 Jan 2024 1,827 1,626 €1,500m 3.0% subordinated notes 2 — Jun 2025 2,037 1,716 €1,000m 3.125% subordinated notes 2 — Jun 2028 1,363 1,139 28,379 27,645 Amounts owed to HSBC undertakings $900m 10.176% subordinated step-up cumulative notes Jun 2030 Jun 2040 892 891 892 891 At 31 Dec 29,271 28,536 1 Amounts owed to third parties represent securities included in the capital base of HSBC as tier 2 securities in accordance with the grandfathering provisions under CRD IV rules. 2 These securities are included in the capital base of HSBC as fully CRD IV compliant tier 2 securities on an end point basis. 3 In 2017, HSBC redeemed these securities. 4 These subordinated notes are measured at amortised cost in HSBC Holdings, where the interest rate risk is hedged using a fair value hedge, while they are measured at fair value in the Group.

Debt securities in issue (Table

Debt securities in issue (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Of Debt Securities In Issue [Abstract]
Disclosure of Debt Securities In Issue	HSBC 2017 2016 $m $m Bonds and medium-term notes 146,539 133,721 Other debt securities in issue 23,100 21,962 Total debt securities in issue 169,639 155,683 Included within: – trading liabilities (Note 22) (40,734 ) (32,656 ) – financial liabilities designated at fair value (Note 23) (64,359 ) (57,112 ) At 31 Dec 64,546 65,915 HSBC Holdings 2017 2016 $m $m Debt securities 51,754 38,571 Included within: – financial liabilities designated at fair value (Note 23) (17,496 ) (16,766 ) At 31 Dec 34,258 21,805

Accruals, deferred income and76

Accruals, deferred income and other liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Subclassifications of assets, liabilities and equities [abstract]
Disclosure of detailed information about accruals, deferred income and other liabilities	2017 2016 $m $m Accruals and deferred income 11,521 10,770 Endorsements and acceptances 9,746 8,567 Employee benefit liabilities (Note 5) 2,152 2,681 Liabilities of disposal groups held for sale 1,286 2,790 Other liabilities 21,202 19,483 At 31 Dec 45,907 44,291

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2017
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
Disclosure of other provisions rollforward	Restructuring Contractual Legal proceedings Customer Other Total $m $m $m $m $m $m At 1 Jan 2017 551 298 2,436 1,124 364 4,773 Additions 204 87 829 820 280 2,220 Amounts utilised (353 ) (3 ) (850 ) (543 ) (133 ) (1,882 ) Unused amounts reversed (103 ) (135 ) (980 ) (52 ) (107 ) (1,377 ) Unwinding of discounts — (1 ) — — 9 8 Exchange and other movements 35 7 66 105 56 269 At 31 Dec 2017 334 253 1,501 1,454 469 4,011 At 1 Jan 2016 463 240 3,174 1,340 335 5,552 Additions 415 141 1,258 762 208 2,784 Amounts utilised (168 ) (1 ) (1,831 ) (680 ) (118 ) (2,798 ) Unused amounts reversed (115 ) (97 ) (165 ) (94 ) (96 ) (567 ) Unwinding of discounts — — — — 6 6 Exchange and other movements (44 ) 15 — (204 ) 29 (204 ) At 31 Dec 2016 551 298 2,436 1,124 364 4,773
Disclosure of insurance complaints received and future claims expected	Cumulative PPI complaints received to 31 December 2017 and future claims expected Footnotes Cumulative actual to 31 Dec 2017 Future expected Inbound complaints (000s of policies) 1 1,555 363 Outbound contact (000s of policies) 685 — Response rate to outbound contact 44% n/a Average uphold rate per claim 2 76% 84% Average redress per claim ($) 2,564 3,029 Complaints to Financial Ombudsman Service (000s of policies) 144 26 Average uphold rate per Financial Ombudsman Service claim 40% 47% 1 Excludes invalid claims for which no PPI policy exists. 2 Claims include inbound and responses to outbound contact.

Subordinated liabilities (Table

Subordinated liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of financial liabilities	2017 2016 Footnotes $m $m Deposits by banks 1 23,297 24,827 Customer accounts 1, 2 52,595 45,085 Other debt securities in issue (Note 24) 3 40,734 32,656 Other liabilities – net short positions in securities 67,735 51,123 At 31 Dec 184,361 153,691 1 ‘Deposits by banks’ and ‘Customer accounts’ include repos, settlement accounts, stock lending, cash collateral and margin accounts relating to trading activities. 2 Structured deposits placed at HSBC Bank USA and HSBC Trust Company (Delaware) National Association are insured by the Federal Deposit Insurance Corporation, a US government agency, up to $250,000 per depositor. 3 ‘Other debt securities in issue’ comprises structured notes issued by HSBC for which market risks are actively managed as part of trading portfolios. HSBC 2017 2016 $m $m Deposits by banks and customer accounts 145 135 Liabilities to customers under investment contracts 5,635 6,002 Debt securities in issue (Note 24) 64,359 57,112 Subordinated liabilities (Note 27) 23,831 23,172 Preferred securities (Note 27) 459 411 At 31 Dec 94,429 86,832 HSBC Holdings 2017 2016 $m $m Debt securities in issue (Note 24) 17,496 16,766 Subordinated liabilities (Note 27) 13,394 13,347 At 31 Dec 30,890 30,113 HSBC’s subordinated liabilities 2017 2016 $m $m At amortised cost 19,826 20,984 – subordinated liabilities 17,988 19,230 – preferred securities 1,838 1,754 Designated at fair value (Note 23) 24,290 23,583 – subordinated liabilities 23,831 23,172 – preferred securities 459 411 At 31 Dec 44,116 44,567 Issued by HSBC subsidiaries 15,470 16,860 Issued by HSBC Holdings 28,646 27,707 HSBC’s subordinated liabilities in issue 2017 2016 Footnotes First call date Maturity date $m $m Additional tier 1 capital securities guaranteed by HSBC Holdings plc 1 $900m 10.176% non-cumulative step-up perpetual preferred securities, series 2 Jun 2030 892 891 892 891 Additional tier 1 capital securities guaranteed by HSBC Bank plc 1 £300m 5.862% non-cumulative step-up perpetual preferred securities Apr 2020 459 411 £700m 5.844% non-cumulative step-up perpetual preferred securities Nov 2031 946 863 1,405 1,274 Tier 2 securities issued by HSBC Bank plc $750m Undated floating rate primary capital notes Jun 1990 750 750 $500m Undated floating rate primary capital notes Sep 1990 500 500 $300m Undated floating rate primary capital notes, series 3 Jun 1992 300 300 $300m 7.65% subordinated notes — May 2025 375 372 £350m 5.00% callable subordinated notes 2 Mar 2018 Mar 2023 496 466 £300m 6.50% subordinated notes — Jul 2023 405 369 £350m 5.375% callable subordinated step-up notes 3 Nov 2025 Nov 2030 584 489 £500m 5.375% subordinated notes — Aug 2033 912 750 £225m 6.25% subordinated notes — Jan 2041 303 276 £600m 4.75% subordinated notes — Mar 2046 802 731 5,427 5,003 Tier 2 securities issued by The Hongkong and Shanghai Banking Corporation Ltd $400m Primary capital undated floating rate notes (third series) Jul 1991 400 400 400 400 Tier 2 securities issued by HSBC Bank Malaysia Berhad MYR500m 4.35% subordinated bonds 4 Jun 2017 Jun 2022 — 112 MYR500m 5.05% subordinated bonds Nov 2022 Nov 2027 123 112 123 224 Tier 2 securities issued by HSBC USA Inc. $750m 5.00% subordinated notes — Sep 2020 748 748 $250m 7.20% subordinated debentures — Jul 2097 221 220 Other subordinated liabilities each less than $150m 5 277 284 1,246 1,252 Tier 2 securities issued by HSBC Bank USA, N.A. $500m 6.00% subordinated notes — Aug 2017 — 498 $1,250m 4.875% subordinated notes — Aug 2020 1,236 1,257 $1,000m 5.875% subordinated notes — Nov 2034 1,272 1,137 $750m 5.625% subordinated notes — Aug 2035 955 862 $700m 7.00% subordinated notes — Jan 2039 700 701 4,163 4,455 Tier 2 securities issued by HSBC Finance Corporation $2,939m 6.676% senior subordinated notes 6 — Jan 2021 1,092 2,192 Tier 2 securities issued by HSBC Bank Canada CAD400m 4.80% subordinated debentures 4 Apr 2017 Apr 2022 — 299 Other subordinated liabilities each less than $150m Oct 1996 Nov 2083 31 29 31 328 Securities issued by HSBC Mexico, S.A. $300m Non-convertible subordinated obligations 7, 8 Jun 2014 Jun 2019 240 240 Other subordinated liability less than $150m 7, 9 115 198 355 438 Securities issued by other HSBC subsidiaries Other subordinated liabilities each less than $200m 5 336 403 Subordinated liabilities issued by HSBC subsidiaries at 31 Dec 15,470 16,860 1 See paragraph below, ‘Guaranteed by HSBC Holdings or HSBC Bank plc’. 2 In January 2018, HSBC gave notice it will redeem these securities. 3 The interest rate payable after November 2025 is the sum of the three-month sterling Libor plus 1.50% percentage points. 4 In 2017 HSBC redeemed these securities. 5 Some securities included here are ineligible for inclusion in the capital base of HSBC. 6 HSBC tendered for these securities in 2017. In January 2018 a further tender was conducted. The principal balance is now $509m . 7 These securities are ineligible for inclusion in the capital base of HSBC. 8 Approximately $60m of these securities are held by HSBC Holdings. 9 In February 2018, HSBC gave notice it will redeem these securities. HSBC Holdings 2017 2016 $m $m At amortised cost 15,877 15,189 Designated at fair value (Note 23) 13,394 13,347 At 31 Dec 29,271 28,536 HSBC Holdings’ subordinated liabilities First call Maturity 2017 2016 Footnotes date date $m $m Tier 2 securities issued by HSBC Holdings plc Amounts owed to third parties $2,000m 4.25% subordinated notes 2,4 — Mar 2024 2,038 2,060 $1,500m 4.25% subordinated notes 2 — Jun 2025 1,586 1,539 $1,500m 4.375% subordinated notes 2 — Nov 2026 1,580 1,520 $488m 7.625% subordinated notes 1 — May 2032 553 528 $222m 7.35% subordinated notes 1 — Nov 2032 248 278 $2,000m 6.5% subordinated notes 1 — May 2036 2,042 2,029 $2,500m 6.5% subordinated notes 1 — Sep 2037 3,365 3,170 $1,500m 6.8% subordinated notes 1 — Jun 2038 1,489 1,487 $1,500m 5.25% subordinated notes 2,4 — Mar 2044 1,755 1,747 £900m 6.375% subordinated notes 1,3 Oct 2017 Oct 2022 — 1,163 £650m 5.75% subordinated notes 2 — Dec 2027 1,114 932 £650m 6.75% subordinated notes 2 — Sep 2028 873 793 £750m 7.0% subordinated notes 2 — Apr 2038 1,043 971 £900m 6.0% subordinated notes 2 — Mar 2040 1,199 1,086 €1,600m 6.25% subordinated notes 2 — Mar 2018 1,918 1,693 €1,750m 6.0% subordinated notes 2 — Jun 2019 2,349 2,168 €1,500m 3.375% subordinated notes 2,4 Jan 2019 Jan 2024 1,827 1,626 €1,500m 3.0% subordinated notes 2 — Jun 2025 2,037 1,716 €1,000m 3.125% subordinated notes 2 — Jun 2028 1,363 1,139 28,379 27,645 Amounts owed to HSBC undertakings $900m 10.176% subordinated step-up cumulative notes Jun 2030 Jun 2040 892 891 892 891 At 31 Dec 29,271 28,536 1 Amounts owed to third parties represent securities included in the capital base of HSBC as tier 2 securities in accordance with the grandfathering provisions under CRD IV rules. 2 These securities are included in the capital base of HSBC as fully CRD IV compliant tier 2 securities on an end point basis. 3 In 2017, HSBC redeemed these securities. 4 These subordinated notes are measured at amortised cost in HSBC Holdings, where the interest rate risk is hedged using a fair value hedge, while they are measured at fair value in the Group.

Maturity analysis of assets, 79

Maturity analysis of assets, liabilities and off-balance sheet commitments (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of maturity analysis of assets, liabilities and off-balance sheet commitments	HSBC Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 180,624 — — — — — — — 180,624 Items in the course of collection from other banks 6,628 — — — — — — — 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — — — — — 34,186 Trading assets 284,781 1,432 642 — 1,140 — — — 287,995 Financial assets designated at fair value 612 93 230 162 197 556 2,068 25,546 29,464 Derivatives 218,103 162 97 124 42 234 592 464 219,818 Loans and advances to banks 61,968 10,665 4,212 2,344 1,502 5,799 2,491 1,412 90,393 Loans and advances to customers 195,577 65,469 49,860 34,107 37,176 93,065 218,784 268,926 962,964 – personal 42,593 9,126 8,483 7,441 7,492 23,552 61,238 214,837 374,762 – corporate and commercial 124,669 50,532 36,046 22,932 26,577 61,785 144,451 49,762 516,754 – financial 28,315 5,811 5,331 3,734 3,107 7,728 13,095 4,327 71,448 Reverse repurchase agreements 144,244 30,289 7,951 2,194 3,960 1,072 4,598 7,245 201,553 Financial investments 31,981 51,487 31,634 13,446 17,647 40,582 90,366 111,933 389,076 Accrued income and other financial assets 19,259 5,795 2,050 358 411 652 513 2,046 31,084 Financial assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 417,572 2,433,785 Non-financial assets — — — — — — — 87,986 87,986 Total assets at 31 Dec 2017 1,177,963 165,392 96,676 52,735 62,075 141,960 319,412 505,558 2,521,771 Off-balance sheet commitments received Loan and other credit-related commitments 2,431 — 3,335 — — 133 — — 5,899 Financial liabilities Hong Kong currency notes in circulation 34,186 — — — — — — — 34,186 Deposits by banks 56,829 1,961 1,097 616 157 361 7,393 1,508 69,922 Customer accounts 1 1,269,003 44,129 21,596 11,570 10,757 4,527 2,257 623 1,364,462 – personal 648,040 22,938 13,489 6,810 5,727 2,753 1,557 119 701,433 – corporate and commercial 458,937 16,496 6,983 3,712 3,970 1,705 641 451 492,895 – financial 162,026 4,695 1,124 1,048 1,060 69 59 53 170,134 Repurchase agreements 113,208 14,042 1,592 160 — — 1,000 — 130,002 Items in the course of transmission to other banks 6,850 — — — — — — — 6,850 Trading liabilities 145,028 2,026 2,177 2,130 3,077 5,038 12,814 12,071 184,361 Financial liabilities designated at 80 281 2,094 271 2,798 4,215 22,468 62,222 94,429 – debt securities in issue: covered bonds — — — 209 — 212 2,494 1,654 4,569 – debt securities in issue: unsecured 55 95 2,087 62 2,797 1,654 19,505 33,535 59,790 – subordinated liabilities and preferred securities — — — — — 2,349 459 21,482 24,290 – other 25 186 7 — 1 — 10 5,551 5,780 Derivatives 213,011 79 141 140 202 504 1,107 1,637 216,821 Debt securities in issue 6,081 6,295 5,228 5,795 9,240 6,725 22,767 2,415 64,546 – covered bonds — — — — 1 3 10 34 48 – otherwise secured 3,479 4 — — 1,000 1,100 914 1,193 7,690 – unsecured 2,602 6,291 5,228 5,795 8,239 5,622 21,843 1,188 56,808 Accruals and other financial liabilities 18,009 9,547 2,798 749 717 1,007 1,569 938 35,334 Subordinated liabilities — 1,918 73 36 132 273 3,595 13,799 19,826 Total financial liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 95,213 2,220,739 Non-financial liabilities — — — — — — — 103,161 103,161 Total liabilities at 31 Dec 2017 1,862,285 80,278 36,796 21,467 27,080 22,650 74,970 198,374 2,323,900 Off-balance sheet commitments given Loan and other credit-related commitments 628,070 38,736 3,310 1,777 4,087 3,436 3,824 2,349 685,589 – personal 187,545 2,001 340 343 1,583 1,033 952 513 194,310 – corporate and commercial 388,778 32,011 2,782 1,322 2,309 2,403 2,804 1,716 434,125 – financial 51,747 4,724 188 112 195 — 68 120 57,154 Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash and balances at central banks 128,009 — — — — — — — 128,009 Items in the course of collection from other banks 5,003 — — — — — — — 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — — — — — 31,228 Trading assets 232,550 758 230 415 1,172 — — — 235,125 Financial assets designated at fair value 176 182 75 178 363 749 2,486 20,547 24,756 Derivatives 287,749 149 207 96 110 704 1,056 801 290,872 Loans and advances to banks 59,636 13,404 4,494 2,375 1,765 2,879 2,298 1,275 88,126 Loans and advances to customers 167,531 61,693 47,664 30,115 30,362 85,144 192,787 246,208 861,504 – personal 39,295 7,812 6,723 5,928 6,799 22,664 53,620 194,985 337,826 – corporate and commercial 108,906 48,333 35,180 21,317 19,573 54,739 126,890 45,271 460,209 – financial 19,330 5,548 5,761 2,870 3,990 7,741 12,277 5,952 63,469 Reverse repurchase agreements – non-trading 115,942 25,525 10,378 5,220 2,350 479 1,080 — 160,974 Financial investments 36,932 59,826 30,403 16,800 19,564 50,255 104,933 118,084 436,797 Accrued income and other financial assets 16,885 8,050 1,737 407 462 421 1,033 1,907 30,902 Financial assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 388,822 2,293,296 Non-financial assets — — — — — — — 81,690 81,690 Total assets at 31 Dec 2016 1,081,641 169,587 95,188 55,606 56,148 140,631 305,673 470,512 2,374,986 Off-balance sheet commitments received Loan and other credit-related commitments 2,813 — 2,050 — — 110 — — 4,973 Financial liabilities Hong Kong currency notes in circulation 31,228 — — — — — — — 31,228 Deposits by banks 46,306 4,075 2,085 665 489 422 4,842 1,055 59,939 Customer accounts 1 1,180,641 45,245 19,187 10,277 8,325 4,709 3,500 502 1,272,386 – personal 590,654 22,222 12,024 5,823 4,786 3,484 2,483 121 641,597 – corporate and commercial 436,666 17,460 6,178 3,951 3,082 1,200 967 360 469,864 – financial 153,321 5,563 985 503 457 25 50 21 160,925 Repurchase agreements – non-trading 82,330 2,707 2,871 50 — — 1,000 — 88,958 Items in the course of transmission to other banks 5,977 — — — — — — — 5,977 Trading liabilities 121,707 2,053 1,423 1,845 3,013 6,219 9,010 8,421 153,691 Financial liabilities designated at fair value 1,659 958 1,396 3 1,701 5,046 17,989 58,080 86,832 – debt securities in issue: covered bonds 1,587 — 303 — — 207 1,348 2,558 6,003 – debt securities in issue: unsecured 25 15 1,091 3 1,700 4,839 14,056 29,380 51,109 – subordinated liabilities and preferred securities — — — — — — 2,578 21,005 23,583 – other 47 943 2 — 1 — 7 5,137 6,137 Derivatives 274,965 39 39 112 273 506 1,471 2,414 279,819 Debt securities in issue 4,708 8,598 8,280 5,996 4,610 10,953 19,432 3,338 65,915 – covered bonds — — 1 71 1 3 24 26 126 – otherwise secured 3,207 823 893 114 329 1,882 2,680 1,181 11,109 – unsecured 1,501 7,775 7,386 5,811 4,280 9,068 16,728 2,131 54,680 Accruals and other financial liabilities 19,052 8,172 2,392 833 519 885 1,299 568 33,720 Subordinated liabilities 12 — 143 61 497 1,788 5,056 13,427 20,984 Total financial liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 87,805 2,099,449 Non-financial liabilities — — — — — — — 92,959 92,959 Total liabilities at 31 Dec 2016 1,768,585 71,847 37,816 19,842 19,427 30,528 63,599 180,764 2,192,408 Off-balance sheet commitments given Loan and other credit-related commitments 609,923 29,752 3,010 1,897 3,253 2,514 4,280 1,214 655,843 – personal 177,462 1,835 89 262 1,896 1,114 747 405 183,810 – corporate and commercial 366,573 26,650 2,839 1,350 904 996 3,410 754 403,476 – financial 65,888 1,267 82 285 453 404 123 55 68,557 1 ‘Customer accounts’ includes $ 386,417m (2016: $343,782m ) insured by guarantee schemes. HSBC Holdings Maturity analysis of assets, liabilities and off-balance sheet commitments Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 1,985 — — — — — — — 1,985 Derivatives 1,952 — — — — 80 — 356 2,388 Loans and advances to HSBC undertakings 4,861 13,039 3,145 5 2 1,134 29,560 24,881 76,627 Loans and advances to HSBC undertakings designated at fair value — — — — — 2,411 9,533 11,944 Financial investments in HSBC undertakings 17 3 — — — — 1,798 2,446 4,264 Accrued income and other financial assets — 4 — — — — — 123 127 Total financial assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 37,339 97,335 Non-financial assets — — — — — — — 94,399 94,399 Total assets at 31 Dec 2017 8,815 13,046 3,145 5 2 1,214 33,769 131,738 191,734 Financial liabilities Amounts owed to HSBC undertakings 120 2,405 46 — — — — — 2,571 Financial liabilities designated at fair value — — — — — 2,349 11,491 17,050 30,890 – debt securities in issue — — — — — — 11,491 6,005 17,496 – subordinated liabilities and preferred securities — — — — — 2,349 — 11,045 13,394 Derivatives 2,008 — — — — 110 183 781 3,082 Debt securities in issue — — — — 1,081 — 10,354 22,823 34,258 Accruals and other financial liabilities 439 395 157 39 7 3 1 11 1,052 Subordinated liabilities — 1,918 — — — — — 13,959 15,877 Total financial liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,624 87,730 Non-financial liabilities — — — — — — — 217 217 Total liabilities at 31 Dec 2017 2,567 4,718 203 39 1,088 2,462 22,029 54,841 87,947 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — — Maturity analysis of assets, liabilities and off-balance sheet commitments (continued) Due not more than 1 month Due over 1 month but not more than 3 months Due over 3 months but not more than 6 months Due over 6 months but not more than 9 months Due over 9 months but not more than 1 year Due over 1 year but not more than 2 years Due over 2 years but not more than 5 years Due over 5 years Total $m $m $m $m $m $m $m $m $m Financial assets Cash at bank and in hand: – balances with HSBC undertakings 247 — — — — — — — 247 Derivatives 1,702 — — — — — 93 353 2,148 Loans and advances to HSBC undertakings 16,372 — — — — 167 14,204 46,678 77,421 Financial investments in HSBC undertakings 40 2 — — — — 838 2,710 3,590 Accrued income and other financial assets 12 — — — — — — 107 119 Total financial assets at 31 Dec 2016 18,373 2 — — — 167 15,135 49,848 83,525 Non-financial assets — — — — — — — 97,273 97,273 Total assets at 31 Dec 2016 18,373 2 — — — 167 15,135 147,121 180,798 Financial liabilities Amounts owed to HSBC undertakings 2,052 — — — — — 105 — 2,157 Financial liabilities designated at fair value — — — — — 2,167 5,845 22,101 30,113 – debt securities in issue — — — — — — 5,845 10,921 16,766 – subordinated liabilities and preferred securities — — — — — 2,167 — 11,180 13,347 Derivatives 3,841 — — — — — 592 592 5,025 Debt securities in issue — — — — — 953 4,822 16,030 21,805 Accruals and other financial liabilities 75 1,268 142 22 — — — — 1,507 Subordinated liabilities — — — — — 1,693 — 13,496 15,189 Total financial liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,219 75,796 Non-financial liabilities — — — — — — — 144 144 Total liabilities at 31 Dec 2016 5,968 1,268 142 22 — 4,813 11,364 52,363 75,940 Off-balance sheet commitments given Undrawn formal standby facilities, credit lines and other commitments to lend — — — — — — — — —

Offsetting of financial asset80

Offsetting of financial assets and financial liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Financial Instruments [Abstract]
Disclosure of offsetting of financial assets and financial liabilities	Offsetting of financial assets and financial liabilities Amounts subject to enforceable netting arrangements Amounts not subject to enforceable netting arrangements 5 Total Amounts not set off in the balance sheet Gross amounts Amounts offset Net amounts in the balance sheet Financial instruments Non-cash collateral Cash collateral Net amount Footnotes $m $m $m $m $m $m $m $m $m Financial assets Derivatives (Note 14) 1 322,422 (110,425 ) 211,997 (156,088 ) (11,092 ) (37,302 ) 7,515 7,821 219,818 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 15,893 — 15,893 (430 ) (15,462 ) — 1 1,227 17,120 – non-trading assets 265,666 (105,776 ) 159,890 (3,714 ) (155,973 ) (49 ) 154 41,663 201,553 Loans and advances to customers 3 42,091 (10,424 ) 31,667 (26,390 ) — (181 ) 5,096 619 32,286 At 31 Dec 2017 646,072 (226,625 ) 419,447 (186,622 ) (182,527 ) (37,532 ) 12,766 51,330 470,777 Derivatives (Note 14) 1 387,999 (106,555 ) 281,444 (210,067 ) (11,647 ) (40,188 ) 19,542 9,428 290,872 Reverse repos, stock borrowing and similar agreements classified as: 2 – trading assets 9,859 — 9,859 (475 ) (9,383 ) — 1 348 10,207 – non-trading assets 222,485 (87,929 ) 134,556 (4,779 ) (129,373 ) (215 ) 189 26,418 160,974 Loans and advances to customers 3 46,296 (14,602 ) 31,694 (24,459 ) — (248 ) 6,987 743 32,437 At 31 Dec 2016 666,639 (209,086 ) 457,553 (239,780 ) (150,403 ) (40,651 ) 26,719 36,937 494,490 Financial liabilities Derivatives (Note 14) 1 321,932 (110,425 ) 211,507 (156,072 ) (14,342 ) (28,666 ) 12,427 5,314 216,821 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 10,555 — 10,555 (430 ) (9,615 ) — 510 63 10,618 – non-trading liabilities 187,268 (105,776 ) 81,492 (7,165 ) (74,048 ) (240 ) 39 48,510 130,002 Customer accounts 4 42,533 (10,424 ) 32,109 (26,390 ) — (188 ) 5,531 158 32,267 At 31 Dec 2017 562,288 (226,625 ) 335,663 (190,057 ) (98,005 ) (29,094 ) 18,507 54,045 389,708 Derivatives (Note 14) 1 378,571 (106,555 ) 272,016 (210,035 ) (15,512 ) (33,754 ) 12,715 7,803 279,819 Repos, stock lending and similar agreements classified as: 2 – trading liabilities 5,034 — 5,034 (475 ) (4,515 ) — 44 37 5,071 – non-trading liabilities 148,443 (87,929 ) 60,514 (6,202 ) (54,126 ) (146 ) 40 28,444 88,958 Customer accounts 4 45,422 (14,602 ) 30,820 (24,459 ) — (248 ) 6,113 228 31,048 At 31 Dec 2016 577,470 (209,086 ) 368,384 (241,171 ) (74,153 ) (34,148 ) 18,912 36,512 404,896 1 At 31 December 2017, the amount of cash margin received that had been offset against the gross derivatives assets was $6,324m (2016: $3,720m ). The amount of cash margin paid that had been offset against the gross derivatives liabilities was $5,196m (2016: $5,862m ). 2 For the amount of repos, reverse repos, stock lending, stock borrowing and similar agreements recognised on the balance sheet within ‘Trading assets’ $ 17,120m (2016: $ 10,207m ) and ‘Trading liabilities’ $ 10,618m (2016: $ 5,071m ), see the ‘Funding sources and uses’ table on page 147 . 3 At 31 December 2017, the total amount of ‘Loans and advances to customers’ was $ 962,964m (2016: $ 861,504m ) of which $ 31,667m (2016: $ 31,694m ) was subject to offsetting. 4 At 31 December 2017, the total amount of ‘Customer accounts’ was $ 1,364,462m (2016: $ 1,272,386m ) of which $ 32,109m (2016: $ 30,820m ) was subject to offsetting. 5 These exposures continue to be secured by financial collateral, but we may not have sought or been able to obtain a legal opinion evidencing enforceability of the right of offset.

Non-controlling interests (Tabl

Non-controlling interests (Tables)	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Disclosure of components of non-controlling interests	2017 2016 $m $m Non-controlling interests attributable to holders of ordinary shares in subsidiaries 7,621 6,932 Preferred securities issued by subsidiaries — 260 At 31 Dec 7,621 7,192
Disclosure of preference shares issued by subsidiaries	Preferred securities issued by HSBC’s subsidiaries Footnote First call date 2017 2016 $m $m HSBC Bank Canada CA$175m Non-cumulative redeemable class 1 preferred shares, series C 1 Jun 2010 — 130 CA$175m Non-cumulative redeemable class 1 preferred shares, series D 1 Dec 2010 — 130 At 31 Dec — 260 1 In 2017 HSBC redeemed these securities.

Called up share capital and o82

Called up share capital and other equity instruments (Tables)	12 Months Ended
	Dec. 31, 2017
Share Capital, Reserves And Other Equity Interest [Abstract]
Disclosure of issued capital and share premium	HSBC Holdings ordinary shares of $0.50 each, issued and fully paid 2017 2016 Footnote Number $m Number $m At 1 Jan 20,191,586,214 10,096 19,685,096,934 9,842 Shares issued under HSBC employee share plans 76,701,249 38 69,187,052 35 Shares issued in lieu of dividends 380,652,196 190 437,302,228 219 Less: Shares repurchased and cancelled (328,223,401 ) (164 ) — — At 31 Dec 1 20,320,716,258 10,160 20,191,586,214 10,096 HSBC Holdings non-cumulative preference shares of $0.01 each 2017 2016 Footnote Number $m Number $m At 1 Jan and 31 Dec 2 1,450,000 — 1,450,000 — HSBC Holdings share premium 2017 2016 $m $m At 31 Dec 10,177 12,619 Total called up share capital and share premium 2017 2016 $m $m At 31 Dec 20,337 22,715 1 All HSBC Holdings ordinary shares in issue, excluding 325,273,407 shares held in treasury, confer identical rights, including in respect of capital, dividends and voting. 2 Included in the capital base of HSBC as additional tier 1 capital in accordance with the CRD IV rules, by virtue of the application of grandfathering provisions.
Disclosure of other equity instruments	HSBC’s additional tier 1 capital securities in issue which are accounted for in equity First call 2017 2016 $m $m $2,200m 8.125% perpetual subordinated capital securities Apr 2013 2,133 2,133 $3,800m 8.000% perpetual subordinated capital securities, Series 2 Dec 2015 3,718 3,718 At 31 Dec 5,851 5,851 HSBC’s additional tier 1 capital – contingent convertible securities in issue which are accounted for in equity First call 2017 2016 $m $m $1,500m 5.625% perpetual subordinated contingent convertible securities Jan 2020 1,494 1,494 $2,000m 6.875% perpetual subordinated contingent convertible securities Jun 2021 1,998 1,998 $2,250m 6.375% perpetual subordinated contingent convertible securities Sep 2024 2,244 2,244 $2,450m 6.375% perpetual subordinated contingent convertible securities Mar 2025 2,460 2,460 $3,000m 6.000% perpetual subordinated contingent convertible securities May 2027 2,997 — €1,500m 5.250% perpetual subordinated contingent convertible securities Sep 2022 1,943 1,943 €1,000m 6.000% perpetual subordinated contingent convertible securities Sep 2023 1,120 1,120 €1,250m 4.750% perpetual subordinated contingent convertible securities Jul 2029 1,420 — SGD1,000m 4.700% perpetual subordinated contingent convertible securities Jun 2022 723 — At 31 Dec 16,399 11,259
Disclosure of range of exercise prices of outstanding share options	Aggregate options outstanding under these plans 31 Dec 2017 31 Dec 2016 Number of HSBC Holdings ordinary shares Period of exercise Exercise price Number of HSBC Holdings ordinary shares Period of exercise Exercise price 64,604,932 2017 to 2023 £4.0472-5.9640 69,217,725 2016 to 2022 £4.0472–5.4738 36,309 2017 to 2018 HK$55.4701 504,467 2016 to 2018 HK$55.4701–63.9864 10,539 2017 to 2018 €5.3532 86,916 2016 to 2018 €5.3532–6.0657 17,873 2017 to 2018 $7.1456 217,738 2016 to 2018 $7.1456–8.2094

Contingent liabilities, contr83

Contingent liabilities, contractual commitments, and guarantees (Tables)	12 Months Ended
	Dec. 31, 2017
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
Disclosure of Contingent Liabilities, Contractual Commitments, and Guarantees	HSBC HSBC Holdings 1 2017 2016 2017 2016 $m $m $m $m Guarantees and other contingent liabilities: – financial guarantees and similar contracts 38,328 37,072 7,778 7,619 – other guarantees 51,434 44,394 — — – other contingent liabilities 616 553 — — At 31 Dec 90,378 82,019 7,778 7,619 Commitments: – documentary credits and short-term trade-related transactions 8,776 9,190 — — – forward asset purchases and forward deposits placed 4,295 5,386 — — – standby facilities, credit lines and other commitments to lend 672,518 641,267 — — At 31 Dec 685,589 655,843 — — 1 Guarantees by HSBC Holdings are all in favour of other Group entities.

Lease commitments (Tables)

Lease commitments (Tables)	12 Months Ended
	Dec. 31, 2017
Leases1 [Abstract]
Disclosure of Lease Receivables	2017 2016 Total future Unearned Present Total future Unearned Present $m $m $m $m $m $m Lease receivables: No later than one year 3,523 (326 ) 3,197 3,248 (330 ) 2,918 Later than one year and no later than five years 7,033 (696 ) 6,337 6,563 (702 ) 5,861 Later than five years 4,784 (669 ) 4,115 4,548 (633 ) 3,915 At 31 Dec 15,340 (1,691 ) 13,649 14,359 (1,665 ) 12,694

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party [Abstract]
Disclosure of compensation of key management personnel	Fees and benefits (Audited) Fees 1 Benefits 2 Total (£000) Footnotes 2017 2016 2017 2016 2017 2016 Phillip Ameen 3 474 440 12 38 486 478 Kathleen Casey 174 155 16 21 190 176 Henri de Castries 4 132 79 5 4 137 83 Laura Cha 5 269 247 22 20 291 267 Lord Evans of Weardale 215 190 8 5 223 195 Joachim Faber 6 162 152 9 10 171 162 Sam Laidlaw (Retired on 28 April 2017) 70 185 1 11 71 196 Irene Lee 7 300 268 8 9 308 277 John Lipsky 199 180 25 21 224 201 Rachel Lomax (Retired on 28 April 2017) 93 254 1 6 94 260 Heidi Miller 8 571 536 18 30 589 566 David Nish 9 158 83 18 19 176 102 Jonathan Symonds 10 639 520 2 6 641 526 Jackson Tai 11 194 48 43 4 237 52 Mark Tucker (Appointed on 1 September 2017) 12 500 — 318 — 818 — Pauline van der Meer Mohr 13 239 172 16 9 255 181 Paul Walsh (Resigned on 21 April 2017) 55 142 2 5 57 147 Total 4,444 3,651 524 218 4,968 3,869 Total ($000) 5,720 4,926 674 294 6,395 5,220 1 Fees include a travel allowance of £4,000 for non-UK based non-executive Directors. 2 Benefits include accommodation and travel-related expenses relating to attendance at Board and other meetings at HSBC Holdings' registered office. Amounts disclosed have been grossed up using a tax rate of 45% , where relevant. The 2016 amounts have been restated to exclude National Insurance Contributions. 3 Includes fees of £330,000 in 2017 ( £315,000 in 2016) as a Director, Chairman of the Audit Committee and member of the Risk Committee of HSBC North America Holdings Inc. 4 Appointed as a member of the Group Remuneration Committee on 26 May 2017. 5 Includes fees of £75,000 in 2017 ( £72,000 in 2016) as a Director, Deputy Chairman and member of the Nomination Committee of The Hongkong and Shanghai Banking Corporation Limited. 6 Includes £8,000 (inclusive of VAT) in respect of his membership of a verwaltungsrat (advisory body) to HSBC Trinkaus & Burkhardt AG. Stepped down as Chairman of the Group Risk Committee on 28 April 2017 and resigned from the Group Risk Committee on 30 November 2017. 7 Includes fees of £187,000 in 2017 ( £173,000 in 2016) as a Director, and member of the Audit Committee and the Risk Committee of The Hongkong and Shanghai Banking Corporation Limited and as a Director, member of the Audit Committee and Chairman of the Risk Committee of Hang Seng Bank Limited. 8 Includes fees of £427,000 in 2017 ( £411,000 in 2016) as Chairman of HSBC North America Holdings Inc. 9 Appointed as a member of the Group Remuneration Committee on 26 May 2017. 10 Appointed as Senior Independent Director on 28 April 2017. Includes fees of £382,000 in 2017 ( £345,000 in 2016) as non-executive Chairman of HSBC Bank plc. 11 Appointed as Chairman of the Group Risk Committee on 28 April 2017. 12 Received a one time relocation benefit of £300,000 . 13 Appointed as Chairman of the Conduct & Values Committee and the Group Remuneration Committee on 28 April 2017. The table below shows the comparison of shareholdings to the company shareholding guidelines. Shares Shareholding guidelines (number of shares) Share interests (number of shares) Phillip Ameen 15,000 5,000 Kathleen Casey 15,000 9,125 Laura Cha 15,000 18,200 Henri de Castries 15,000 17,116 Lord Evans of Weardale 15,000 12,892 Joachim Faber 15,000 66,605 Sam Laidlaw (Retired on 28 April 2017) 15,000 41,887 Irene Lee 15,000 10,588 John Lipsky 15,000 16,165 Rachel Lomax (Retired on 28 April 2017) 15,000 18,900 Heidi Miller 15,000 4,200 David Nish 15,000 50,000 Jonathan Symonds 15,000 42,821 Jackson Tai 15,000 44,825 Mark Tucker (Appointed on 1 September 2017) 15,000 276,000 Pauline van der Meer Mohr 15,000 15,000 Paul Walsh (Resigned on 21 April 2017) 15,000 5,211 Compensation of Key Management Personnel 2017 2016 2015 $m $m $m Short-term employee benefits 43 41 40 Post-employment benefits — — 1 Other long-term employee benefits 5 5 9 Share-based payments 35 37 51 Year ended 31 Dec 83 83 101
Disclosure of shareholdings, options and other securities of key management personnel	Shareholdings, options and other securities of Key Management Personnel 2017 2016 (000s) (000s) Number of options held over HSBC Holdings ordinary shares under employee share plans 15 18 Number of HSBC Holdings ordinary shares held beneficially and non-beneficially 22,609 22,283 At 31 Dec 22.624 22,301
Disclosure of transactions and balances during the year with associates and joint ventures	Transactions and balances during the year with Key Management Personnel 2017 2016 Balance at 31 Dec Highest amounts outstanding Balance Highest amounts outstanding Footnotes $m $m $m $m Key Management Personnel 1 Advances and credits 2 329 334 215 220 Guarantees 6 52 55 63 Deposits 300 893 229 677 1 Includes Key Management Personnel, close family members of Key Management Personnel and entities which are controlled or jointly controlled by Key Management Personnel or their close family members. 2 Advances and credits entered into by subsidiaries of HSBC Holdings during 2017 with Directors, disclosed pursuant to Section 413 of the Companies Act 2006, totalled $2m ( 2016 : $2m ). Transactions and balances during the year with associates and joint ventures 2017 2016 Highest balance Balance at Highest balance Balance at $m $m $m $m Unsubordinated amounts due from joint ventures 138 119 126 113 Unsubordinated amounts due from associates 3,104 2,537 3,136 2,881 Subordinated amounts due from associates 411 411 — — Amounts due to associates 2,617 1,232 1,112 576 Guarantees and commitments 654 665 776 594 Transactions and balances during the year with subsidiaries 2017 2016 Highest balance Balance at Highest balance Balance at $m $m $m $m Assets Cash and balances with HSBC undertakings 1,985 1,985 997 247 Loans and advances to HSBC undertakings designated at fair value 11,944 11,944 — — Derivatives 2,796 2,388 4,494 2,148 Loans and advances to HSBC undertakings 89,810 76,627 77,732 77,421 Financial investments in HSBC undertakings 4,264 4,264 4,314 3,590 Investments in subsidiaries 95,850 92,930 97,827 95,850 Total related party assets at 31 Dec 206,649 190,138 185,364 179,256 Liabilities Amounts owed to HSBC undertakings 2,906 2,571 3,823 2,157 Derivatives 4,904 3,082 5,025 5,025 Subordinated liabilities 892 892 1,749 891 Total related party liabilities at 31 Dec 8,702 6,545 10,597 8,073 Guarantees and commitments 9,692 7,778 63,719 7,619

HSBC Holdings' subsidiaries, 86

HSBC Holdings' subsidiaries, joint ventures and associates (Tables)	12 Months Ended
	Dec. 31, 2017
Interests In Other Entities [Abstract]
Disclosure of interests in subsidiaries	Principal subsidiaries of HSBC Holdings At 31 Dec 2017 Country of incorporation or registration HSBC’s interest % Share class Europe HSBC Bank plc England and Wales 100 £1 Ordinary and Preferred Ordinary, $0.01 Non-cumulative third Dollar Preference Shares HSBC France France 99.99 €5 Actions HSBC Assurances Vie (France) France 99.99 287.50 EUR Ordinary shares HSBC Private Banking Holdings (Suisse) SA Switzerland 100 CHF1,000 Ordinary HSBC Trinkaus & Burkhardt AG Germany 80.67 Stückaktien no par value Asia Hang Seng Bank Limited Hong Kong 62.14 HK$5 Ordinary HSBC Bank Australia Limited Australia 100 Ordinary no par value HSBC Bank (China) Company Limited PRC 4 100 CNY1 Ordinary HSBC Bank Malaysia Berhad Malaysia 100 RM0.50 Ordinary HSBC Bank (Taiwan) Limited Taiwan 100 TWD10 Ordinary HSBC Life (International) Limited Bermuda 100 HK$1 Ordinary The Hongkong and Shanghai Banking Corporation Limited Hong Kong 100 Ordinary no par value, CIP 1 and NIP 2 HSBC Bank (Singapore) Limited Singapore 100 SGD100 Ordinary Middle East and North Africa HSBC Bank Middle East Limited United Arab Emirates 100 $1 Ordinary and $1 CRP 3 HSBC Bank Egypt S.A.E. Egypt 94.54 EGP84 Ordinary North America HSBC Bank Canada Canada 100 Common no par value and Preference no par value HSBC Bank USA, N.A. USA 100 $100 Common and $0.01 Preference HSBC Securities (USA) Inc. USA 100 $0.05 Common Latin America HSBC Mexico, S.A., Institución de Banca Múltiple, Mexico 99.99 MXN2 Ordinary 1 Cumulative Irredeemable Preference shares. 2 Non-cumulative Irredeemable Preference shares. 3 Cumulative Redeemable Preference shares. 4 People’s Republic of China. Subsidiaries with significant non-controlling interests 2017 2016 Hang Seng Bank Limited Proportion of ownership interests and voting rights held by non-controlling interests 37.86% 37.86% Place of business Hong Kong Hong Kong $m $m Profit attributable to non-controlling interests 997 814 Accumulated non-controlling interests of the subsidiary 6,233 5,792 Dividends paid to non-controlling interests 594 811 Summarised financial information: – total assets 186,638 175,242 – total liabilities 169,275 159,035 – net operating income before loan impairment 4,556 3,937 – profit for the year 2,632 2,148 – total comprehensive income for the year 2,895 2,044 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes ACN 087 652 113 Pty Limited 100.00 15 Almacenadora Banpacifico S.A. (in liquidation) 99.99 9, 16 Assetfinance December (F) Limited 100.00 17 Assetfinance December (H) Limited 100.00 17 Assetfinance December (M) Limited 100.00 17 Assetfinance December (P) Limited 100.00 17 Assetfinance December (R) Limited 100.00 17 Assetfinance June (A) Limited 100.00 17 Assetfinance June (D) Limited 100.00 17 Assetfinance Limited 100.00 17 Assetfinance March (B) Limited 100.00 18 Assetfinance March (D) Limited 100.00 17 Assetfinance March (F) Limited 100.00 17 Assetfinance September (F) Limited 100.00 17 Assetfinance September (G) Limited 100.00 17 B&Q Financial Services Limited 100.00 19 Banco Nominees (Guernsey) Limited 100.00 9, 20 Banco Nominees 2 (Guernsey) Limited 100.00 20 Banco Nominees Limited 100.00 21 Bank of Bermuda (Cayman) Limited 100.00 22 Beau Soleil Limited Partnership n/a 7, 9, 23 Beijing Miyun HSBC Rural Bank Company Limited 100.00 12, 24 Beneficial Company LLC 100.00 25 Beneficial Consumer Discount Company 100.00 26 Beneficial Financial I Inc. 100.00 27 Beneficial Florida Inc. 100.00 25 Beneficial Homeowner Service Corporation 100.00 25 Beneficial Kentucky Inc. 100.00 25 Beneficial Loan & Thrift Co. 100.00 25 Beneficial Louisiana Inc. 100.00 25 Beneficial Maine Inc. 100.00 25 Beneficial Massachusetts Inc. 100.00 25 Beneficial Michigan Inc. 100.00 25 Beneficial New Hampshire Inc. 100.00 25 Beneficial Oregon Inc. 100.00 25 Beneficial Rhode Island Inc. 100.00 25 Beneficial South Dakota Inc. 100.00 25 Beneficial Tennessee Inc. 100.00 28 Beneficial West Virginia, Inc. 100.00 29 Beneficial Wyoming Inc. 100.00 30 BFC Insurance Agency of Nevada 100.00 223 Billingsgate Nominees Limited 100.00 17 Cal-Pacific Services, Inc. 100.00 27 Canada Crescent Nominees (UK) Limited 100.00 17 Canada Square Nominees (UK) Limited 100.00 17 Canada Square Property Participations Limited 100.00 17 Canada Water Nominees (UK) Limited 100.00 17 Capco/Cove, Inc. 100.00 31 Card-Flo #1, Inc. 100.00 32 Card-Flo #3, Inc. 100.00 25 Cayman International Finance Limited 100.00 33 CC&H Holdings LLC 100.00 34 CCF Charterhouse GmbH & Co Asset Leasing KG (In Liquidation) 100.00 (99.99) 35 CCF Charterhouse GmbH (in Liquidation) 100.00 (99.99) 4, 35 CCF Holding (LIBAN) S.A.L. (in liquidation) 74.99 1, 36 CCF & Partners Asset Management Limited 99.99 17 Charterhouse Administrators ( D.T.) Limited 100.00 (99.99) 9, 17 Charterhouse Development Limited 100.00 17 Charterhouse Management Services Limited 100.00 (99.99) 9, 17 Charterhouse Pensions Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Chongqing Dazu HSBC Rural Bank Company Limited (100.00) 12, 37 Chongqing Fengdu HSBC Rural Bank Company Limited 100.00 12, 38 Chongqing Rongchang HSBC Rural Bank Company Limited 100.00 12, 39 CL Residential Limited (in liquidation) 100.00 40 COIF Nominees Limited 100.00 17 Cordico Management AG 100.00 41 Corhold Limited (in liquidation) 100.00 42 Dalian Pulandian HSBC Rural Bank Company Limited 100.00 12, 43 Decision One Mortgage Company, LLC 100.00 44 Dem 5 100.00 (99.99) 4, 9, 45 Dem 9 100.00 (99.99) 4, 9, 45 Dempar 1 100.00 (99.99) 4, 9, 46 Dempar 4 100.00 (99.99) 9, 46 Desarrollo Turistico, S.A. de C.V. 99.99 9, 16 Ellenville Holdings, Inc. 100.00 31 Elysees GmbH (in Liquidation) 100.00 (99.99) 35 Elysées Immo Invest 100.00 (99.99) 4, 47 EMTT Limited (in liquidation) 100.00 17 Equator Holdings Limited (in liquidation) 100.00 17 Eton Corporate Services Limited 100.00 20 Far East Leasing SA 100.00 48 Fdm 5 SAS 100.00 (99.99) 4, 9, 45 FEPC Leasing Ltd. 100.00 49 Finanpar 2 100.00 (99.99) 4, 9, 47 Finanpar 7 100.00 (99.99) 4, 9, 47 Flandres Contentieux S.A. 100.00 (99.99) 1, 4, 9, 50 Foncière Elysées 100.00 (99.99) 4, 9, 46 Forward Trust Rail Services Limited 100.00 17 Fujian Yongan HSBC Rural Bank Company Limited 100.00 12, 51 Fulcher Enterprises Company Limited 100.00 (62.14) 52 Fundacion HSBC, A.C. 99.99 1, 9, 11, 16 Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH 100.00 (80.67) 9, 53 Gesico International SA (in liquidation) 100.00 54 Giller Ltd. 100.00 31 GPIF Co-Investment, LLC 80.00 25 GPIF-I Equity Co., Ltd. 100.00 8, 22 GPIF-I Finance Co., Ltd 100.00 8, 22 Griffin International Limited 100.00 17 Grupo Financiero HSBC, S. A. de C. V. 99.99 9, 16 Guangdong Enping HSBC Rural Bank Company Limited 100.00 12, 55 GZ Guyerzeller Corporation (in liquidation) 100.00 129 Hang Seng (Nominee) Limited 100.00 (62.14) 52 Hang Seng Bank (China) Limited 100.00 (62.14) 12, 57 Hang Seng Bank (Trustee) Limited 100.00 (62.14) 52 Hang Seng Bank Limited 62.14 52 Hang Seng Bullion Company Limited 100.00 (62.14) 52 Hang Seng Credit Limited 100.00 (62.14) 52 Hang Seng Data Services Limited 100.00 (62.14) 52 Hang Seng Finance Limited 100.00 (62.14) 52 Hang Seng Financial Information Limited 100.00 (62.14) 52 Hang Seng Futures Limited 100.00 (62.14) 52 Hang Seng Indexes Company Limited 100.00 (62.14) 52 Hang Seng Insurance Company Limited 100.00 (62.14) 52 Hang Seng Investment Management Limited 100.00 (62.14) 52 Hang Seng Investment Services Limited 100.00 52 Hang Seng Life Limited 100.00 52 Hang Seng Real Estate Management Limited 100.00 52 Hang Seng Securities Limited 100.00 52 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Hang Seng Security Management Limited 100.00 52 Haseba Investment Company Limited 100.00 52 HFC Bank Limited (in liquidation) 100.00 40 HFC Company LLC 100.00 25 High Time Investments Limited 100.00 (62.14) 52 HITG Administration GmbH 100.00 58 Honey Green Enterprises Ltd. 100.00 59 Hongkong International Trade Finance (Holdings) Limited (in liquidation) 100.00 17 Household Capital Markets LLC 100.00 25 Household Commercial Financial Services, Inc. 100.00 26 Household Finance Consumer Discount Company 100.00 25 Household Finance Corporation II 100.00 25 Household Finance Corporation III 100.00 25 Household Finance Corporation of Alabama 100.00 224 Household Finance Corporation of California 100.00 25 Household Finance Industrial Loan Company of Iowa 100.00 225 Household Finance Realty Corporation of Nevada 100.00 25 Household Finance Realty Corporation of New York 100.00 25 Household Financial Center Inc. 100.00 25 Household Industrial Finance Company 100.00 226 Household Insurance Group Holding Company 100.00 227 Household International Europe Limited (in liquidation) 100.00 3, 40 Household Pooling Corporation 100.00 60 Household Realty Corporation 100.00 25 HRMG Nominees Limited 100.00 20 HSBC (BGF) Investments Limited 100.00 17 HSBC (BVI) Limited (in liquidation) 100.00 56 HSBC (General Partner) Limited 100.00 2, 61 HSBC (Guernsey) GP PCC Limited 100.00 1, 20 HSBC (Kuala Lumpur) Nominees Sdn Bhd 100.00 62 HSBC (Malaysia) Trustee Berhad 100.00 63 HSBC (Singapore) Nominees Pte Ltd 100.00 64 HSBC Administradora de Inversiones S.A. 100.00 (99.65) 65 HSBC Agency (India) Private Limited 100.00 66 HSBC Alpha Funding (UK) Holdings LP (in liquidation) n/a 7, 67 HSBC Alternative Investments Limited 100.00 17 HSBC Amanah Malaysia Berhad 100.00 62 HSBC Amanah Takaful (Malaysia) Berhad 49.00 56, 62 HSBC Americas Corporation (Delaware) 100.00 25 HSBC Argentina Holdings S.A. 100.00 68 HSBC Asia Holdings (UK) Limited 100.00 17 HSBC Asia Holdings B.V. 100.00 3, 17 HSBC Asia Holdings Limited 100.00 2, 69 HSBC Asia Pacific Holdings (UK) Limited 100.00 17 HSBC Asset Finance (UK) Limited 100.00 17 HSBC Asset Finance Holdings Limited 100.00 17 HSBC Asset Finance M.O.G. Holdings (UK) Limited 100.00 17 HSBC Asset Management (India) Private Limited 100.00 (99.99) 3, 9, 70 HSBC Assurances Vie (France) 100.00 (99.99) 4, 9, 50 HSBC Australia Holdings Pty Limited 100.00 15 HSBC Bank (Chile) 100.00 (99.99) 9, 71 HSBC Bank (China) Company Limited 100.00 12, 72 HSBC Bank (General Partner) Limited 100.00 61 HSBC Bank (Mauritius) Limited 72.95 73 HSBC Bank (RR) (Limited Liability Company) 100.00 13, 74 HSBC Bank (Singapore) Limited 100.00 64 HSBC Bank (Taiwan) Limited 100.00 75 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Bank (Uruguay) S.A. 100.00 76 HSBC Bank (Vietnam) Ltd. 100.00 77 HSBC Bank A.S. 100.00 78 HSBC Bank Argentina S.A. 100.00 (99.99) 79 HSBC Bank Armenia cjsc 70.00 80 HSBC Bank Australia Limited 100.00 15 HSBC Bank Bermuda Limited 100.00 21 HSBC Bank Canada 100.00 81 HSBC Bank Capital Funding (Sterling 1) LP 100.00 7, 61 HSBC Bank Capital Funding (Sterling 2) LP 100.00 7, 61 HSBC Bank Egypt S.A.E 94.54 82 HSBC Bank International Limited 100.00 83 HSBC Bank Malaysia Berhad 100.00 62 HSBC Bank Malta p.l.c. 70.03 84 HSBC Bank Middle East Limited 100.00 5, 85 HSBC Bank Middle East Limited, Representative Office Morocco SARL 100.00 86 HSBC Bank Nominee (Jersey) Limited 100.00 83 HSBC Bank Oman S.A.O.G. 51.00 87 HSBC Bank Pension Trust (UK) Limited 100.00 17 HSBC Bank plc 100.00 2, 17 HSBC Bank Polska S.A. 100.00 3, 88 HSBC Bank USA, National Association 100.00 3, 89 HSBC Branch Nominee (UK) Limited 100.00 17 HSBC Brasil Holding S.A. 100.00 90 HSBC Brasil S.A. Banco De Investimento 100.00 90 HSBC Broking Forex (Asia) Limited 100.00 69 HSBC Broking Futures (Asia) Limited 100.00 69 HSBC Broking Futures (Hong Kong) Limited 100.00 69 HSBC Broking Nominees (Asia) Limited 100.00 69 HSBC Broking Securities (Asia) Limited 100.00 69 HSBC Broking Securities (Hong Kong) Limited 100.00 69 HSBC Broking Services (Asia) Limited 100.00 69 HSBC Canada Holdings (UK) Limited 100.00 17 HSBC Canadian Covered Bond (Legislative) GP Inc 100.00 199 HSBC Capital (Canada) Inc. 100.00 91 HSBC Capital (USA), Inc. 100.00 25 HSBC Capital Funding (Dollar 1) L.P. 100.00 61 HSBC Capital Limited 100.00 69 HSBC Card Services Inc. 100.00 25 HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC Cayman Services Limited 100.00 33 HSBC City Funding Holdings 100.00 17 HSBC Client Holdings Nominee (UK) Limited 100.00 17 HSBC Client Share Offer Nominee (UK) Limited 100.00 17 HSBC Columbia Funding, LLC 100.00 25 HSBC Corporate Advisory (Malaysia) Sdn Bhd 100.00 62 HSBC Corporate Finance (Hong Kong) Limited 100.00 69 HSBC Corporate Trustee Company (UK) Limited 100.00 17 HSBC Credit Center, Inc. 100.00 25 HSBC Custody Nominees (Australia) Limited 100.00 15 HSBC Custody Services (Guernsey) Limited 100.00 20 HSBC Daisy Investments (Mauritius) Limited 100.00 92 HSBC Diversified Loan Fund General Partner Sarl 100.00 93 HSBC Electronic Data Processing (Guangdong) Limited 100.00 12, 94 HSBC Electronic Data Processing (Malaysia) Sdn Bhd 100.00 95 HSBC Electronic Data Processing (Philippines), Inc. 100.00 96 HSBC Electronic Data Processing India Private Limited 100.00 97 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Electronic Data Processing Lanka (Private) Limited 100.00 98 HSBC Electronic Data Service Delivery (Egypt) S.A.E. 100.00 99 HSBC Enterprise Investment Company (UK) Limited 100.00 17 HSBC Epargne Entreprise (France) 100.00 (99.99) 4, 9, 50 HSBC Equator (UK) Limited (in liquidation) 100.00 17 HSBC Equipment Finance (UK) Limited 100.00 17 HSBC Equities (Luxembourg) S.a r.l. (in liquidation) 100.00 1, 100 HSBC Equity (UK) Limited 100.00 17 HSBC Europe B.V. 100.00 17 HSBC European Clients Depositary Receipts Nominee (UK) Limited (in liquidation) 100.00 17 HSBC Executor & Trustee Company (UK) Limited 100.00 17 HSBC Factoring (France) 100.00 (99.99) 4, 9, 46 HSBC Finance (Brunei) Berhad 100.00 101 HSBC Finance (Netherlands) 100.00 2, 17 HSBC Finance Corporation 100.00 25 HSBC Finance Limited 100.00 17 HSBC Finance Mortgages Inc. 100.00 102 HSBC Finance Transformation (UK) Limited 100.00 2, 17 HSBC Financial Services (Lebanon) s.a.l. 99.70 103 HSBC Financial Services (Middle East) Limited (In Liquidation) 100.00 104 HSBC Financial Services (Uruguay) S.A. (in liquidation) 100.00 105 HSBC France 99.99 4, 46 HSBC Fund Services (Korea) Limited 92.95 1, 106 HSBC Funding (UK) Holdings 100.00 17 HSBC Germany Holdings GmbH 100.00 53 HSBC Gestion (Monaco) SA 99.80 107 HSBC Global Asset Management (Bermuda) Limited 100.00 21 HSBC Global Asset Management (Canada) Limited 100.00 108 HSBC Global Asset Management (Deutschland) GmbH 100.00 (80.67) 9, 53 HSBC Global Asset Management (France) 100.00 (99.99) 4, 9, 109 HSBC Global Asset Management (Hong Kong) Limited 100.00 23 HSBC Global Asset Management (International) Limited 100.00 110 HSBC Global Asset Management (Japan) K. K. 100.00 111 HSBC Global Asset Management (Malta) Limited 100.00 (70.02) 112 HSBC Global Asset Management (México), S.A. de C.V., Sociedad Operadora de Fondos de Inversión, Grupo Financiero HSBC 99.99 9, 16 HSBC Global Asset Management (Oesterreich) GmbH 100.00 (80.67) 6, 9, 222 HSBC Global Asset Management (Singapore) Limited 100.00 64 HSBC Global Asset Management (Switzerland) AG 100.00 (90.33) 4, 9, 113 HSBC Global Asset Management (Taiwan) Limited 100.00 114 HSBC Global Asset Management (UK) Limited 100.00 17 HSBC Global Asset Management (USA) Inc. 100.00 115 HSBC Global Asset Management Holdings (Bahamas) Limited 100.00 116 HSBC Global Asset Management Limited 100.00 17 HSBC Global Custody Nominee (UK) Limited 100.00 17 HSBC Global Custody Proprietary Nominee (UK) Limited 100.00 17 HSBC Global Services (Hong Kong) Limited 100.00 69 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Global Services (UK) Limited 100.00 17 HSBC Global Services Limited 100.00 2, 17 HSBC Global Shared Services (India) Private Limited (in liquidation) 100.00 (99.99) 9, 66 HSBC Group Management Services Limited 100.00 17 HSBC Group Nominees UK Limited 100.00 1, 2, 17 HSBC Holdings B.V. 100.00 17 HSBC Home Equity Loan Corporation II 100.00 25 HSBC IM Pension Trust Limited 100.00 1, 17 HSBC Infrastructure Limited 100.00 17 HSBC INKA Investment-AG TGV 100.00 (80.67) 9, 14, 117 HSBC Inmobiliaria (Mexico), S.A. de C.V. 99.99 9, 16 HSBC Institutional Trust Services (Asia) Limited 100.00 69 HSBC Institutional Trust Services (Bermuda) Limited 100.00 118 HSBC Institutional Trust Services (Ireland) DAC 100.00 119 HSBC Institutional Trust Services (Mauritius) Limited 100.00 120 HSBC Institutional Trust Services (Singapore) Limited 100.00 64 HSBC Insurance (Asia) Limited 100.00 121 HSBC Insurance (Asia-Pacific) Holdings Limited 100.00 122 HSBC Insurance (Bermuda) Limited 100.00 21 HSBC Insurance (Singapore) Pte. Limited 100.00 64 HSBC Insurance Agency (USA) Inc. 100.00 123 HSBC Insurance Brokers (Philippines) Inc 100.00 (99.99) 9, 124 HSBC Insurance Brokers (Taiwan) Limited 100.00 125 HSBC Insurance Holdings Limited 100.00 2, 17 HSBC Insurance Management Services Limited (in liquidation) 100.00 126 HSBC Insurance Services (Lebanon) S.A.L. (in liquidation) 97.70 9, 127 HSBC Insurance Services Holdings Limited 100.00 17 HSBC International Finance Corporation (Delaware) 100.00 128 HSBC International Financial Services (UK) Limited (in liquidation) 100.00 17 HSBC International Holdings (Jersey) Limited 100.00 83 HSBC International Nominees Limited 100.00 1, 129 HSBC International Trade Finance Limited (in liquidation) 100.00 40 HSBC International Trustee (BVI) Limited 100.00 10, 130 HSBC International Trustee (Holdings) Pte. Limited 100.00 64 HSBC International Trustee Limited 100.00 129 HSBC Inversiones S.A. 99.99 9, 71 HSBC Inversiones y Servicios Financieros Limitada 100.00 (99.99) 9, 71 HSBC InvestDirect (India) Limited 99.99 (99.54) 131 HSBC InvestDirect Financial Services (India) Limited 100.00 (99.54) 9, 131 HSBC InvestDirect Sales & Marketing (India) Limited 99.99 (98.54) 9, 66 HSBC InvestDirect Securities (India) Private Limited 99.99 (99.61) 9, 131 HSBC Investment Bank Holdings B.V. 100.00 17 HSBC Investment Bank Holdings Limited 100.00 17 HSBC Investment Funds (Canada) Inc. 100.00 108 HSBC Investment Funds (Hong Kong) Limited 100.00 23 HSBC Investment Funds (Luxembourg) SA 100.00 100 HSBC Investments (Bahamas) Limited (in liquidation) 100.00 133 HSBC Invoice Finance (UK) Limited 100.00 134 HSBC Iris Investments (Mauritius) Ltd 100.00 92 HSBC Issuer Services Common Depositary Nominee (UK) Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Issuer Services Depositary Nominee (UK) Limited 100.00 17 HSBC Land Title Agency (USA) LLC 100.00 (55.00) 135 HSBC Latin America B.V. 100.00 17 HSBC Latin America Holdings (UK) Limited 100.00 2, 17 HSBC Leasing (Asia) Limited 100.00 69 HSBC Leasing (France) 100.00 (99.99) 4, 9, 45 HSBC Life (International) Limited 100.00 118 HSBC Life (UK) Limited 100.00 17 HSBC Life Assurance (Malta) Limited 100.00 (70.02) 112 HSBC Lodge Funding (UK) Holdings 100.00 17 HSBC LU Nominees Limited 100.00 17 HSBC Management (Guernsey) Limited 100.00 20 HSBC Markets (USA) Inc. 100.00 25 HSBC Marking Name Nominee (UK) Limited 100.00 17 HSBC Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero HSBC 99.99 16 HSBC Middle East Finance Company Limited 100.00 (80.00) 136 HSBC Middle East Holdings B.V. 100.00 2, 17 HSBC Middle East Leasing Partnership n/a 7, 9, 137 HSBC Middle East Securities L.L.C 49.00 56, 138 HSBC Mortgage Corporation (Canada) 100.00 81 HSBC Mortgage Corporation (USA) 100.00 25 HSBC Mortgage Services Inc. 100.00 25 HSBC Nominees (Asing) Sdn Bhd 100.00 62 HSBC Nominees (Hong Kong) Limited 100.00 69 HSBC Nominees (New Zealand) Limited 100.00 139 HSBC Nominees (Tempatan) Sdn Bhd 100.00 62 HSBC North America Holdings Inc. 100.00 25 HSBC Odeme Sistemleri Bilgisayar Teknolojileri Basin Yayin Ve Musteri Hizmetleri 100.00 (99.99) 140 HSBC Overseas Holdings (UK) Limited 100.00 2, 17 HSBC Overseas Investments Corporation (New York) 100.00 141 HSBC Overseas Nominee (UK) Limited 100.00 17 HSBC Participaciones (Argentina) S.A. 100.00 (99.99) 9, 68 HSBC PB Corporate Services 1 Limited 100.00 142 HSBC PB Services (Suisse) SA 100.00 143 HSBC Pension Trust (Ireland) DAC 100.00 119 HSBC Pensiones, S.A. 99.99 9, 144 HSBC PI Holdings (Mauritius) Limited 100.00 120 HSBC Portfoy Yonetimi A.S. 100.00 (99.98) 9, 145 HSBC Preferential LP (UK) 100.00 17 HSBC Private Bank (C.I.) Limited 100.00 20 HSBC Private Bank (Luxembourg) S.A. 100.00 100 HSBC Private Bank (Monaco) SA 100.00 4, 107 HSBC Private Bank (Suisse) SA 100.00 143 HSBC Private Bank (UK) Limited 100.00 17 HSBC Private Bank International 100.00 132 HSBC Private Banking Holdings (Suisse) SA 100.00 143 HSBC Private Banking Nominee 3 (Jersey) Limited 100.00 142 HSBC Private Equity Advisors LLC 100.00 25 HSBC Private Equity Investments (UK) Limited 100.00 17 HSBC Private Trustee (Hong Kong) Limited 100.00 69 HSBC Private Wealth Services (Canada) Inc. 100.00 108 HSBC Professional Services (India) Private Limited 100.00 66 HSBC Property (UK) Limited 100.00 17 HSBC Property Funds (Holding) Limited 100.00 17 HSBC Property Funds Investment Limited (in liquidation) 100.00 40 HSBC Provident Fund Trustee (Hong Kong) Limited 100.00 69 HSBC Qianhai Securities Limited 100.00 (51.00) 1, 12, 146 HSBC Rail (UK) Limited 100.00 17 HSBC Real Estate Leasing (France) 99.00 4, 9, 50 HSBC Realty Credit Corporation (USA) 100.00 25 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC REIM (France) 100.00 (99.99) 4, 9, 50 HSBC Representative Office (Nigeria) Limited 100.00 147 HSBC Retail Services Inc. 100.00 25 HSBC Retirement Benefits Trustee (UK) Limited 100.00 1, 2, 17 HSBC Savings Bank (Philippines) Inc. 99.99 148 HSBC Securities (Asia) Limited 100.00 69 HSBC Securities (B) Berhad 100.00 1, 101 HSBC Securities (Canada) Inc. 100.00 149 HSBC Securities (Egypt) S.A.E. 100.00 (94.65) 82 HSBC Securities (Japan) Limited 100.00 17 HSBC Securities (Philippines) Inc. 99.99 1, 9, 150 HSBC Securities (Singapore) Pte Limited 100.00 64 HSBC Securities (South Africa) (Pty) Limited 100.00 151 HSBC Securities (Taiwan) Corporation Limited 100.00 75 HSBC Securities (USA) Inc. 100.00 25 HSBC Securities and Capital Markets (India) Private Limited 99.99 9, 66 HSBC Securities Asia International Nominees Limited 100.00 152 HSBC Securities Asia Nominees Limited 100.00 69 HSBC Securities Brokers (Asia) Limited 100.00 69 HSBC Securities Investments (Asia) Limited 100.00 69 HSBC Securities Services (Bermuda) Limited 100.00 118 HSBC Securities Services (Guernsey) Limited 100.00 20 HSBC Securities Services (Ireland) DAC 100.00 119 HSBC Securities Services (Luxembourg) S.A. 100.00 100 HSBC Securities Services (USA) Inc. 100.00 153 HSBC Securities Services Holding Limited 100.00 129 HSBC Securities Services Holdings (Ireland) DAC 100.00 119 HSBC Seguros de Retiro (Argentina) S.A. 100.00 (99.99) 9, 68 HSBC Seguros de Vida (Argentina) S.A. 100.00 (99.99) 9, 68 HSBC Seguros, S.A de C.V., Grupo Financiero HSBC 99.99 3, 9, 144 HSBC Service Delivery (Polska) Sp. z o.o. 100.00 154 HSBC Services (France) 100.00 (99.99) 4, 9, 46 HSBC Services Japan Limited 100.00 133 HSBC Servicios Financieros, S.A. de C.V. 99.99 9, 16 HSBC Servicios, S.A. DE C.V., Grupo Financiero HSBC 99.99 9, 16 HSBC SFH (France) 100.00 (99.99) 4, 9, 50 HSBC Software Development (Canada) Inc 100.00 155 HSBC Software Development (Guangdong) Limited 100.00 12, 156 HSBC Software Development (India) Private Limited 100.00 157 HSBC Software Development (Malaysia) Sdn Bhd 100.00 95 HSBC Specialist Investments Limited 100.00 17 HSBC Stockbroker Services (Client Assets) Nominees Limited 100.00 17 HSBC Stockbrokers Nominee (UK) Limited 100.00 17 HSBC Taxpayer Financial Services Inc. 100.00 25 HSBC Technology & Services (China) Limited 100.00 12, 158 HSBC Technology & Services (USA) Inc. 100.00 25 HSBC TFS I 2005 LLC 100.00 32 HSBC Transaction Services GmbH 100.00 6, 159 HSBC Trinkaus & Burkhardt (International) S.A. 100.00 (80.67) 100 HSBC Trinkaus & Burkhardt AG 100.00 (80.67) 14, 53 HSBC Trinkaus & Burkhardt Gesellschaft fur Bankbeteiligungen mbH 100.00 (80.67) 53 HSBC Trinkaus Europa Immobilien-Fonds Nr. 5 GmbH 100.00 (80.67) 53 HSBC Trinkaus Family Office GmbH 100.00 (80.67) 6, 53 HSBC Trinkaus Immobilien Beteiligungs KG 100.00 (80.67) 53 HSBC Trinkaus Real Estate GmbH 100.00 (80.67) 6, 53 HSBC Trust Company (Canada) 100.00 81 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes HSBC Trust Company (Delaware), National Association 100.00 1, 160 HSBC Trust Company (UK) Limited 100.00 17 HSBC Trust Company AG 100.00 41 HSBC Trustee (C.I.) Limited 100.00 142 HSBC Trustee (Cayman) Limited 100.00 161 HSBC Trustee (Guernsey) Limited 100.00 20 HSBC Trustee (Hong Kong) Limited 100.00 69 HSBC Trustee (Mauritius) Limited (in liquidation) 100.00 162 HSBC Trustee (Singapore) Limited 100.00 64 HSBC UK Bank plc 100.00 17 HSBC UK Holdings Limited 100.00 2, 17 HSBC USA Inc. 100.00 141 HSBC Valores S.A. 100.00 (99.99) 9, 163 HSBC Violet Investments (Mauritius) Limited 100.00 92 HSBC Wealth Client Nominee Limited 100.00 17 HSBC Yatirim Menkul Degerler A.S. 99.99 (99.98) 9, 145 HSI Asset Securitization Corporation 100.00 25 HSI International Limited 100.00 (62.14) 52 HSIL Investments Limited 100.00 17 Hubei Macheng HSBC Rural Bank Company Limited 100.00 12, 164 Hubei Suizhou Cengdu HSBC Rural Bank Company Limited 100.00 12, 165 Hubei Tianmen HSBC Rural Bank Company Limited 100.00 12, 166 Hunan Pingjiang HSBC Rural Bank Company Limited 100.00 12, 167 Imenson Limited 100.00 (62.14) 52 INKA Internationale Kapitalanlagegesellschaft mbH 100.00 (80.67) 159 Inmobiliaria Banci, S.A. de C.V. 100.00 (98.91) 3, 16 Inmobiliaria Bisa, S.A. de C.V. 100.00 (99.99) 9, 16 Inmobiliaria Grufin, S.A. de C.V. 100.00 (99.99) 9, 16 Inmobiliaria Guatusi, S.A. de C.V. 100.00 (99.99) 3, 9, 16 IRERE Property Investments (French Offices) Sarl 100.00 168 James Capel & Co. Limited 100.00 17 James Capel (Channel Islands) Nominees Limited 100.00 110 James Capel (Nominees) Limited 100.00 17 James Capel (Second Nominees) Limited (in liquidation) 100.00 17 James Capel (Taiwan) Nominees Limited 100.00 17 John Lewis Financial Services Limited 100.00 17 Keyser Ullmann Limited 100.00 (99.99) 9, 17 Kings Meadow Nominees Limited 100.00 169 Legend Estates Limited 100.00 17 Lion Corporate Services Limited 100.00 69 Lion International Corporate Services Limited 100.00 129 Lion International Management Limited 100.00 129 Lion Management (Hong Kong) Limited 100.00 69 Lyndholme Limited 100.00 69 Marks and Spencer Financial Services plc 100.00 169 Marks and Spencer Retail Financial Services Holdings Limited 100.00 169 Marks and Spencer Savings and Investments Limited 100.00 169 Marks and Spencer Unit Trust Management Limited 100.00 169 Maxima S.A. AFJP (in liquidation) 100.00 (99.98) 68 Mercantile Company Limited 100.00 17 Mexicana de Fomento, S.A. de C.V. 99.80 16 Midcorp Limited 100.00 17 Midland Bank (Branch Nominees) Limited 100.00 17 Midland Nominees Limited 100.00 17 MIL (Cayman) Limited 100.00 33 MW Gestion SA 100.00 68 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Promocion en Bienes Raices, S.A. de C.V. 100.00 (99.19) 3, 9, 16 Prudential Client HSBC GIS Nominee (UK) Limited 100.00 17 PT Bank HSBC Indonesia 100.00 (98.93) 170 PT HSBC Sekuritas Indonesia 100.00 (85.00) 171 R/CLIP Corp. 100.00 25 Republic Nominees Limited 100.00 20 Republic Overseas Capital Corporation 100.00 123 RLUKREF Nominees (UK) One Limited 100.00 17 RLUKREF Nominees (UK) Two Limited 100.00 17 S.A.P.C. - Ufipro Recouvrement 100.00 (99.97) 11, 45 Saf Baiyun 100.00 (99.99) 4, 9, 47 Saf Chang Jiang 100.00 (99.99) 4, 9, 47 Saf Chang Jiang Shi Liu 100.00 (99.99) 4, 9, 47 Saf Chang Jiang Shi Wu 100.00 (99.99) 1, 4, 9, 47 Saf Guangzhou 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Yi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Ba 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Er 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Jiu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Liu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Qi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang San 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Ba 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Er 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Jiu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Liu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Qi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shi Wu 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Shiyi 100.00 (99.99) 4, 9, 47 Saf Zhu Jiang Wu 100.00 (99.99) 4, 9, 47 Samada Limited 100.00 142 SAS Bosquet-Audrain 100.00 (94.90) 1, 4, 221 SAS Cyatheas Pasteur 100.00 (94.93) 1, 4, 45 SAS Orona 100.00 (94.92) 1, 4, 220 SCI HSBC Assurances Immo 100.00 (99.99) 1, 9, 11, 50 Secondary Club Deal I GP Limited 100.00 20 Secondary Club Deal II GP Limited 100.00 20 SFSS Nominees (Pty) Limited 100.00 151 Shandong Rongcheng HSBC Rural Bank Company Limited 100.00 12, 172 Sico Limited 100.00 173 SNC Dorique 100.00 (99.99) 1,9,11,174 SNC Kerouan 100.00 (99.99) 1, 9, 11, 47 SNC Les Mercuriales 100.00 (99.99) 1, 9, 11, 47 SNC Les Oliviers D'Antibes 59.99 11, 50 SNC Makala 100.00 (99.99) 1,9,11,47 SNC Nuku-Hiva Bail 100.00 (99.99) 1,9,11,47 SNCB/M6 - 2008 A 100.00 (99.99) 1, 4, 9, 47 SNCB/M6-2007 A 100.00 (99.99) 1, 4, 9, 47 SNCB/M6-2007 B 100.00 (99.99) 1, 4, 9, 47 Societe CCF Finance Moyen-Orient S.A.L. 96.64 (99.99) 4, 9, 36 Société Financière et Mobilière 100.00 (99.99) 4, 9, 46 Société Française et Suisse 100.00 (99.99) 4, 9, 47 Societe Immobiliere Atlas S.A. 100.00 143 Somers Dublin DAC 100.00 119 Somers Nominees (Far East) Limited 100.00 118 Sopingest 100.00 (99.99) 4, 9, 47 South Yorkshire Light Rail Limited 100.00 17 SPE 1 2005 Manager Inc. 100.00 32 St Cross Trustees Limited 100.00 17 Sun Hung Kai Development (Lujiazui III) Limited 100.00 12, 175 Swan National Leasing (Commercials) Limited 100.00 17 Swan National Limited 100.00 17 Subsidiaries % of share class held by immediate parent company (or by the Group where this varies) Footnotes Tasfiye Halinde HSBC Internet ve Telekomunikasyon Hizmetleri Anonim Sirketi (in liquidation) 100.00 (99.99) 176 Tempus Management AG (in liquidation) 100.00 41 Thasosfin 100.00 (99.99) 4, 9, 50 The Hongkong and Shanghai Banking Corporation Limited 100.00 69 The Venture Catalysts Limited 100.00 17 Timberlink Settlement Services (USA) Inc. 100.00 25 TKM International Limited (in liquidation) 100.00 17 Tooley Street View Limited 100.00 1, 2, 17 Tower Investment Management 100.00 177 Trinkaus Australien Immobilien Fonds Nr. 1 Brisbane GmbH & Co. KG 100.00 (80.67) 53 Trinkaus Australien Immobilien-Fonds Nr. 1 Treuhand-GmbH 100.00 (80.67) 6, 53 Trinkaus Canada Immobilien-Fonds Nr. 1 Verwaltungs-GmbH 100.00 (80.67) 53 Trinkaus Europa Immobilien-Fonds Nr.3 Objekt Utrecht Verwaltungs-GmbH 100.00 (80.67) 53 Trinkaus Immobilien-Fonds Geschaeftsfuehrungs-GmbH 100.00 (80.67) 6, 53 Trinkaus Immobilien-Fonds Verwaltungs-GmbH 100.00 (80.67) 6, 53 Trinkaus Private Equity Management GmbH 100.00 (80.67) 53 Trinkaus Private Equity Verwaltungs GmbH 100.00 (80.67) 6, 53 Tropical Nominees Limited 100.00 33 Turnsonic (Nominees) Limited 100.00 17 Vadep Holding AG (in liquidation) 100.00 178 Valeurs Mobilières Elysées 100.00 (99.99) 4, 9, 179 Vintage 2016 HV GP Limited (in liquidation) 100.00 20 Vintage 2016 KKR GP Limited (in liquidation) 100.00 20 Vintage 2017 Athyrium GP Limited (in liquidation) 100.00 20 Vintage I Secondary GP Limited (in liquidation) 100.00 20 Vintage III Special Situations GP Limited (in liquidation) 100.00 20 Wardley Limited 100.00 69 Wayfoong Credit Limited 100.00 69 Wayfoong Finance Limited 100.00 69 Wayfoong Nominees Limited 100.00 69 Wayhong (Bahamas) Limited (in liquidation) 100.00 116 Westminster House, LLC 100.00 25 Woodex Limited 100.00 21 Yan Nin Development Company Limited 62.14 52
Disclosure of interests in joint arrangements	Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). Joint Ventures The undertakings below are Joint Ventures and equity accounted. Joint Ventures % of share class held by immediate parent company (or by the Group where this varies) Footnotes HCM Holdings Limited 50.99 40 House Network Sdn Bhd 25.00 180 HSBC Jintrust Fund Management Company Limited 49.00 12, 181 HSBC Kingdom Africa Investments (Cayman) Limited 50.00 182 HSBC Life Insurance Company Limited 50.00 183 ProServe Bermuda Limited 50.00 184 Vaultex UK Limited 50.00 186 HSBC Saudi Arabia 49.40 (69.40) 201
Disclosure of interests in associates	Principal associates of HSBC 2017 2016 Carrying Fair 1 Carrying Fair 1 $m $m $m $m Bank of Communications Co., Limited 18,057 10,491 15,765 10,207 The Saudi British Bank 3,618 4,320 3,280 3,999 1 Principal associates are listed on recognised stock exchanges. The fair values are based on the quoted market prices of the shares held (Level 1 in the fair value hierarchy). At 31 Dec 2017 Footnote Country of incorporation and principal place of business Principal activity HSBC’s interest % Bank of Communications Co., Limited 1 PRC Banking services 19.03 The Saudi British Bank Saudi Arabia Banking services 40.00 1 People’s Republic of China. At 31 Dec 2017 At 31 Dec 2016 VIU Carrying value Fair VIU Carrying value Fair $bn $bn $bn $bn $bn $bn Bank of Communications Co., Limited 18.3 18.1 10.5 16.1 15.8 10.2 Selected balance sheet information of BoCom At 30 Sep 2017 2016 $m $m Cash and balances at central banks 146,029 137,844 Loans and advances to banks and other financial institutions 120,403 101,436 Loans and advances to customers 662,706 566,126 Other financial assets 386,067 311,207 Other assets 58,202 48,922 Total assets 1,373,407 1,165,535 Deposits by banks and other financial institutions 366,993 297,442 Customer accounts 747,882 680,915 Other financial liabilities 123,751 69,954 Other liabilities 32,568 27,860 Total liabilities 1,271,194 1,076,171 Total equity 102,213 89,364 Selected income statement information of BoCom For the 12 months ended 30 Sep 2017 2016 $m $m Net interest income 19,080 20,614 Net fee and commission income 5,698 5,493 Loan impairment charges (4,286 ) (4,284 ) Depreciation and amortisation (1,342 ) (1,216 ) Tax expense (2,234 ) (2,800 ) Profit for the year 10,288 10,151 Other comprehensive income (624 ) 875 Total comprehensive income 9,664 11,026 Dividends received from BoCom 565 580 Movements in interests in associates and joint ventures 2017 2016 Footnote $m $m At 1 Jan 20,029 19,139 Additions 60 76 Disposals (67 ) (25 ) Share of results 2,375 2,354 Dividends (740 ) (751 ) Exchange differences 1,144 (1,115 ) Share of other comprehensive income of associates and joint ventures (43 ) 54 Other movements (14 ) 297 At 31 Dec 1 22,744 20,029 1 Includes goodwill of $521m (2016: $488m ). Associates The undertakings below are associates and equity accounted. Associates % of share class held by immediate parent company (or by the Group where this varies) Footnotes Bank of Communications Co., Ltd. 19.03 56, 188 Barrowgate Limited 24.64 189 BGF Group Limited 24.38 190 Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited 26.00 191 CFAC Payment Scheme Limited 33.33 192 Chemi and Cotex Industries Limited 33.99 195 Corsair IV Financial Services Capital Partners n/a 7, 219 Electronic Payment Services Company (Hong Kong) Limited 19.33 56, 69 EPS Company (Hong Kong) Limited 40.58 69 Guangzhou GuangZheng Hang Seng Securities Advisory Co. Ltd. 33.00 217 GZHS Research Co Ltd 20.50 197 Hang Seng Qianhai Fund Management Company Limited 43.50 9, 12, 198 HSBC Mortgage LLP n/a 7, 200 HSBC TFS II 2005 LLC 20.00 32 InfraRed NF China Real Estate Investments LP n/a 7, 214 Jeppe Star Limited 33.99 187 MENA Infrastructure Fund (GP) Ltd 33.33 203 Northstar Trade Finance Inc. 20.88 205 Novo Star Limited 33.99 206 PEF 2005 (A) & (D) Limited Partnership n/a 7, 216 PEF 2010 (A) Limited Partnership n/a 7, 216 Peregrine Capital Services Ltd 33.46 218 Quantexa Limited 10.00 56, 212 Services Epargne Entreprise SAS 14.35 56, 215 The London Gold Market Fixing Limited 25.00 210 The Saudi British Bank 40.00 211 Vizolution Limited 17.95 56, 213 Footnotes for Note 37 1 Management has determined that these undertakings are excluded from consolidation in the Group accounts as these entities do not meet the definition of subsidiaries in accordance with IFRS. HSBC’s consolidation policy is described in Note 1.2(a). 2 Directly held by HSBC Holdings plc 3 Preference Shares Description of Shares 4 Actions 5 Redeemable Preference Shares 6 GmbH Anteil 7 This undertaking is a partnership and does not have share capital 8 Liquidating Share Class 9 In the prior period the Group disclosed the immediate parent company’s interest in this undertaking 10 Non-Participating Voting Shares 11 Parts 12 Registered Capital Shares 13 Russian Limited Liability Company Shares 14 Stückaktien

Strategic Report (Tables)

Strategic Report (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Of Information Included In The Strategic Report [Abstract]
Disclosure of operating segments	Retail Banking and Wealth Management (‘RBWM’) Commercial Banking (‘CMB’) Global Banking and Markets (‘GB&M’) Global Private Banking (‘GPB’) We help millions of people across the world to manage their finances, buy their homes, and save and invest for the future. Our Insurance and Asset Management businesses support all our global businesses in meeting their customers’ needs. We support approximately 1.7 million business customers in 53 countries and territories with banking products and services to help them operate and grow. Our customers range from small enterprises focused primarily on their domestic markets, through to large companies operating globally. We provide financial services and products to companies, governments and institutions. Our comprehensive range of products and solutions, across capital financing, advisory and transaction banking services, can be combined and customised to meet clients’ specific objectives. We help high net worth individuals and their families to grow, manage and preserve their wealth. Adjusted profit before tax < > (2016: $5.2bn) (2016: $5.9bn) (2016: $5.5bn) (2016: $0.3bn) $6.5bn $6.8bn $5.8bn $0.3bn Adjusted risk-weighted assets < > (31 Dec 2016: $114.7bn) (31 Dec 2016: $286.9bn) (31 Dec 2016: $307.7bn) (31 Dec 2016: $15.7bn) $121.5bn $301.0bn $299.3bn $16.0bn < > Our global businesses are presented on an adjusted basis, which is consistent with the way in which we assess the performance of our global businesses. Delivery against Group financial targets Return on equity 5.9% Adjusted jaws < > +1% Dividends per ordinary share in respect of 2017 $0.51 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Retail Banking 13,495 12,695 12,508 800 6 % – c urrent accounts, savings and deposits 6,344 5,213 4,814 1,131 22 % – personal lending 7,151 7,482 7,694 (331 ) (4 )% mortgages 2,337 2,546 2,648 (209 ) (8 )% credit cards 2,899 3,034 3,218 (135 ) (4 )% other personal lending 4 1,915 1,902 1,828 13 1 % Wealth Management 6,224 5,292 5,748 932 18 % – investment distribution 5 3,276 2,904 3,230 372 13 % – life insurance manufacturing 1,893 1,401 1,544 492 35 % – asset management 1,055 987 974 68 7 % Other 6 568 555 582 13 2 % Year ended 31 Dec 20,287 18,542 18,838 1,745 9 % Adjusted RoRWA (%) 7 5.5 4.6 4.8 Ñ For footnotes, see page 85 . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Global Trade and Receivables Finance 1,817 1,838 2,039 (21 ) (1 )% Credit and Lending 5,061 5,009 4,934 52 1 % Global Liquidity and Cash Management 4,783 4,247 4,077 536 13 % Markets products, Insurance and Investments and Other 8 1,562 1,525 1,457 37 2 % Year ended 31 Dec 13,223 12,619 12,507 604 5 % Adjusted RoRWA (%) 7 2.3 2.1 1.9 Ñ For footnotes, see page 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Global Markets 6,689 6,656 6,010 33 — % Foreign Exchange 2,568 2,764 2,658 (196 ) (7 )% Rates 1,970 2,120 1,404 (150 ) (7 )% Credit 900 781 606 119 15 % – FICC 5,438 5,665 4,668 (227 ) (4 )% – Equities 1,251 991 1,342 260 26 % Global Banking 3,807 3,791 3,757 16 — % Global Liquidity and Cash Management 2,197 1,885 1,744 312 17 % Securities Services 1,746 1,561 1,600 185 12 % Global Trade and Receivables Finance 700 689 682 11 2 % Principal Investments 318 226 226 92 41 % Credit and funding valuation adjustments 9 (262 ) (51 ) 186 (211 ) (414 )% Other 10 (104 ) (42 ) 73 (62 ) (148 )% Year ended 31 Dec 15,091 14,715 14,278 376 3 % Adjusted RoRWA (%) 7 1.9 1.7 1.5 Ñ For footnotes, see page 85 . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Investment revenue 693 733 902 (40 ) (5 )% Lending 387 411 411 (24 ) (6 )% Deposit 401 342 354 59 17 % Other 222 262 299 (40 ) (15 )% Year ended 31 Dec 1,703 1,748 1,966 (45 ) (3 )% Adjusted RoRWA (%) 7 1.8 1.6 2.1 Ñ For footnotes, see page 85 . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Central Treasury 11 1,340 1,454 1,760 (114 ) (8 )% Legacy portfolios 8 724 1,233 (716 ) (99 )% – US run-off portfolio 40 692 1,165 (652 ) (94 )% – Legacy credit (32 ) 32 68 (64 ) (200 )% Other 12 (128 ) (512 ) (160 ) 384 (75 )% Year ended 31 Dec 1,220 1,666 2,833 (446 ) (27 )% Ñ For footnotes, see page 85 . HSBC Holdings plc 21 HSBC adjusted profit before tax and balance sheet data 2017 Retail Commercial Global Global Corporate Centre Total Footnotes $m $m $m $m $m $m Net interest income/(expense) 13,959 9,062 4,886 816 (439 ) 28,284 Net fee income/(expense) 5,156 3,518 3,489 704 (56 ) 12,811 Net trading income 31 453 539 5,995 170 807 7,964 Other income 33 719 104 721 13 908 2,465 Net operating income before loan impairment charges and other credit risk provisions 3 20,287 13,223 15,091 1,703 1,220 51,524 – external 17,040 13,383 16,378 1,438 3,285 51,524 – inter-segment 3,247 (160 ) (1,287 ) 265 (2,065 ) — Loan impairment (charges)/recoveries and other credit risk provisions (980 ) (496 ) (459 ) (16 ) 182 (1,769 ) Net operating income 19,307 12,727 14,632 1,687 1,402 49,755 Total operating expenses (12,847 ) (5,947 ) (8,858 ) (1,391 ) (2,097 ) (31,140 ) Operating profit/(loss) 6,460 6,780 5,774 296 (695 ) 18,615 Share of profit in associates and joint ventures 18 — — — 2,357 2,375 Adjusted profit before tax 6,478 6,780 5,774 296 1,662 20,990 % % % % % % Share of HSBC’s adjusted profit before tax 30.9 32.3 27.5 1.4 7.9 100.0 Adjusted cost efficiency ratio 63.3 45.0 58.7 81.7 171.9 60.4 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 346,148 316,533 252,474 40,326 7,483 962,964 Interests in associates and joint ventures 366 — — — 22,378 22,744 Total external assets 468,281 348,243 980,485 45,745 679,017 2,521,771 Customer accounts 639,592 362,908 283,943 66,512 11,507 1,364,462 Adjusted risk-weighted assets 34 121,466 300,995 299,272 16,036 130,848 868,617 HSBC adjusted profit before tax and balance sheet data (continued) 2016 Retail Banking Commercial Global Global Corporate Centre Total Footnotes $m $m $m $m $m $m Net interest income 12,919 8,491 4,798 801 1,170 28,179 Net fee income/(expense) 4,756 3,559 3,394 749 (63 ) 12,395 Net trading income 31 426 442 6,231 183 2,426 9,708 Other income/(expense) 33 441 127 292 15 (1,867 ) (992 ) Net operating income before loan impairment charges and other credit risk provisions 3 18,542 12,619 14,715 1,748 1,666 49,290 – external 16,052 12,641 17,412 1,487 1,698 49,290 – inter-segment 2,490 (22 ) (2,697 ) 261 (32 ) — Loan impairment charges and other credit risk provisions (1,142 ) (969 ) (461 ) — (22 ) (2,594 ) Net operating income 17,400 11,650 14,254 1,748 1,644 46,696 Total operating expenses (12,184 ) (5,746 ) (8,745 ) (1,476 ) (1,933 ) (30,084 ) Operating profit/(loss) 5,216 5,904 5,509 272 (289 ) 16,612 Share of profit in associates and joint ventures 20 — — — 2,302 2,322 Adjusted profit before tax 5,236 5,904 5,509 272 2,013 18,934 % % % % % % Share of HSBC’s adjusted profit before tax 27.7 31.2 29.1 1.4 10.6 100.0 Adjusted cost efficiency ratio 65.7 45.5 59.4 84.4 116.0 61.0 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 323,986 294,952 237,655 36,972 12,494 906,059 Interests in associates and joint ventures 394 — — — 20,340 20,734 Total external assets 435,839 320,173 981,893 43,234 708,320 2,489,459 Customer accounts 611,846 356,885 272,159 72,730 15,037 1,328,657 Adjusted risk-weighted assets 34 114,683 286,912 307,736 15,649 153,324 878,304 2015 Net interest income 12,299 8,287 4,422 819 2,167 27,994 Net fee income/(expense) 5,446 3,672 3,514 939 (121 ) 13,450 Net trading income 31 427 460 5,960 206 721 7,774 Other income 33 666 88 382 2 66 1,204 Net operating income before loan impairment charges and other credit risk provisions 3 18,838 12,507 14,278 1,966 2,833 50,422 – external 16,451 12,585 16,633 1,689 3,064 50,422 – inter-segment 2,387 (78 ) (2,355 ) 277 (231 ) — Loan impairment charges and other credit risk provisions (1,023 ) (1,447 ) (71 ) (11 ) (27 ) (2,579 ) Net operating income 17,815 11,060 14,207 1,955 2,806 47,843 Total operating expenses (12,332 ) (5,826 ) (8,903 ) (1,582 ) (2,814 ) (31,457 ) Operating profit/(loss) 5,483 5,234 5,304 373 (8 ) 16,386 Share of profit/(loss) in associates and joint ventures 23 — (1 ) — 2,387 2,409 Adjusted profit before tax 5,506 5,234 5,303 373 2,379 18,795 % % % % % % Share of HSBC’s adjusted profit before tax 29.3 27.8 28.2 2.0 12.7 100.0 Adjusted cost efficiency ratio 65.5 46.6 62.4 80.5 99.3 62.4 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 313,927 281,826 243,662 42,592 23,690 905,697 Interests in associates and joint ventures 391 — — — 18,673 19,064 Total external assets 422,322 309,266 886,750 51,190 651,847 2,321,378 Customer accounts 569,183 341,717 256,374 80,442 13,956 1,261,672 Adjusted risk-weighted assets 34 116,047 282,149 318,818 17,661 313,100 1,047,775
Disclosure of remuneration of executive Directors	(in £000) Base salary Fixed pay allowance Cash in lieu of pension Annual incentive LTI 1 Sub-total Taxable benefits Non-taxable benefits Notional returns Total Douglas Flint 2 2017 1,125 — 338 — — 1,463 83 64 — 1,610 2016 1,500 — 450 — — 1,950 100 86 — 2,136 Stuart Gulliver 3 2017 1,250 1,700 375 2,127 — 5,452 500 71 63 6,086 2016 1,250 1,700 375 1,695 — 5,020 557 71 27 5,675 Iain Mackay 2017 700 950 210 1,334 — 3,194 64 37 42 3,337 2016 700 950 210 987 — 2,847 52 37 17 2,953 Marc Moses 2017 700 950 210 1,358 — 3,218 16 38 42 3,314 2016 700 950 210 1,005 — 2,865 15 38 18 2,936 1. The first LTI award was made in February 2017, with a performance period ending in 2019. Vesting of the first LTI award will be included in the single figure table for the financial year ending on 31 December 2019. 2. Douglas Flint stepped down from the Board on 30 September 2017 and his remuneration reflects time served as an executive Director. Details on retirement arrangements are provided on page 196 . 3. To meet regulatory deferral requirements for 2017, 60% of the annual incentive award of Stuart Gulliver has been deferred in shares and will vest in five equal instalments between the third and seventh anniversary of the grant date. The following table shows the single figure total remuneration of each executive Director for 2017, together with comparative figures for 2016. Single figure of remuneration Base Fixed pay allowance Cash in lieu of pension Annual incentive LTI 1 Sub-total Taxable benefits Non-taxable benefits Notional returns Total (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) Douglas Flint 2 2017 1,125 — 338 — — 1,463 83 64 — 1,610 2016 1,500 — 450 — — 1,950 100 86 — 2,136 Stuart Gulliver 3 2017 1,250 1,700 375 2,127 — 5,452 500 71 63 6,086 2016 1,250 1,700 375 1,695 — 5,020 557 71 27 5,675 Iain Mackay 2017 700 950 210 1,334 — 3,194 64 37 42 3,337 2016 700 950 210 987 — 2,847 52 37 17 2,953 Marc Moses 2017 700 950 210 1,358 — 3,218 16 38 42 3,314 2016 700 950 210 1,005 — 2,865 15 38 18 2,936 1 The first LTI award was made in February 2017, with a performance period ending in 2019. Vesting of the first LTI award will be included in the single figure table for the financial year ending on 31 December 2019. 2 Douglas Flint stepped down from the Board on 30 September 2017 and his remuneration reflects time served as an executive Director. Details on retirement arrangements are provided on page 196 . 3 To meet regulatory deferral requirements for 2017, 60% of the annual incentive award of Stuart Gulliver has been deferred in shares and will vest in five equal instalments between the third and seventh anniversary of the grant date. The values of the significant benefits in the single figure table are set out in the following table. (Audited) Car benefit (UK and Hong Kong) 1 Hong Kong bank-owned accommodation 2 Tax expense on car benefit and Hong Kong bank-owned accommodation Insurance benefit (non-taxable) 1 (£000) (£000) (£000) (£000) Douglas Flint 2017 — — — 56 2016 — — — 75 Stuart Gulliver 2017 — 282 164 63 2016 64 263 211 63 1 The car benefit, tax on car benefit and insurance benefits for Iain Mackay and Marc Moses are not included in the above table as they were not significant. 2 Taxable value determined based on the current market rental value of the bank-owned property in Hong Kong, as estimated by an external lease service provider, plus utility costs, rates, the taxable value of furniture and taking into account the business use of the property.

Report of the Directors (Tables

Report of the Directors (Tables)	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Strategic Report [Abstract]
Analysis of adjusted results by global business	Retail Banking and Wealth Management (‘RBWM’) Commercial Banking (‘CMB’) Global Banking and Markets (‘GB&M’) Global Private Banking (‘GPB’) We help millions of people across the world to manage their finances, buy their homes, and save and invest for the future. Our Insurance and Asset Management businesses support all our global businesses in meeting their customers’ needs. We support approximately 1.7 million business customers in 53 countries and territories with banking products and services to help them operate and grow. Our customers range from small enterprises focused primarily on their domestic markets, through to large companies operating globally. We provide financial services and products to companies, governments and institutions. Our comprehensive range of products and solutions, across capital financing, advisory and transaction banking services, can be combined and customised to meet clients’ specific objectives. We help high net worth individuals and their families to grow, manage and preserve their wealth. Adjusted profit before tax < > (2016: $5.2bn) (2016: $5.9bn) (2016: $5.5bn) (2016: $0.3bn) $6.5bn $6.8bn $5.8bn $0.3bn Adjusted risk-weighted assets < > (31 Dec 2016: $114.7bn) (31 Dec 2016: $286.9bn) (31 Dec 2016: $307.7bn) (31 Dec 2016: $15.7bn) $121.5bn $301.0bn $299.3bn $16.0bn < > Our global businesses are presented on an adjusted basis, which is consistent with the way in which we assess the performance of our global businesses. Delivery against Group financial targets Return on equity 5.9% Adjusted jaws < > +1% Dividends per ordinary share in respect of 2017 $0.51 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Retail Banking 13,495 12,695 12,508 800 6 % – c urrent accounts, savings and deposits 6,344 5,213 4,814 1,131 22 % – personal lending 7,151 7,482 7,694 (331 ) (4 )% mortgages 2,337 2,546 2,648 (209 ) (8 )% credit cards 2,899 3,034 3,218 (135 ) (4 )% other personal lending 4 1,915 1,902 1,828 13 1 % Wealth Management 6,224 5,292 5,748 932 18 % – investment distribution 5 3,276 2,904 3,230 372 13 % – life insurance manufacturing 1,893 1,401 1,544 492 35 % – asset management 1,055 987 974 68 7 % Other 6 568 555 582 13 2 % Year ended 31 Dec 20,287 18,542 18,838 1,745 9 % Adjusted RoRWA (%) 7 5.5 4.6 4.8 Ñ For footnotes, see page 85 . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Global Trade and Receivables Finance 1,817 1,838 2,039 (21 ) (1 )% Credit and Lending 5,061 5,009 4,934 52 1 % Global Liquidity and Cash Management 4,783 4,247 4,077 536 13 % Markets products, Insurance and Investments and Other 8 1,562 1,525 1,457 37 2 % Year ended 31 Dec 13,223 12,619 12,507 604 5 % Adjusted RoRWA (%) 7 2.3 2.1 1.9 Ñ For footnotes, see page 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Global Markets 6,689 6,656 6,010 33 — % Foreign Exchange 2,568 2,764 2,658 (196 ) (7 )% Rates 1,970 2,120 1,404 (150 ) (7 )% Credit 900 781 606 119 15 % – FICC 5,438 5,665 4,668 (227 ) (4 )% – Equities 1,251 991 1,342 260 26 % Global Banking 3,807 3,791 3,757 16 — % Global Liquidity and Cash Management 2,197 1,885 1,744 312 17 % Securities Services 1,746 1,561 1,600 185 12 % Global Trade and Receivables Finance 700 689 682 11 2 % Principal Investments 318 226 226 92 41 % Credit and funding valuation adjustments 9 (262 ) (51 ) 186 (211 ) (414 )% Other 10 (104 ) (42 ) 73 (62 ) (148 )% Year ended 31 Dec 15,091 14,715 14,278 376 3 % Adjusted RoRWA (%) 7 1.9 1.7 1.5 Ñ For footnotes, see page 85 . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Investment revenue 693 733 902 (40 ) (5 )% Lending 387 411 411 (24 ) (6 )% Deposit 401 342 354 59 17 % Other 222 262 299 (40 ) (15 )% Year ended 31 Dec 1,703 1,748 1,966 (45 ) (3 )% Adjusted RoRWA (%) 7 1.8 1.6 2.1 Ñ For footnotes, see page 85 . 2017 vs 2016 Management view of adjusted revenue < > Footnotes 2017 $m 2016 $m 2015 $m $m % Net operating income 3 Central Treasury 11 1,340 1,454 1,760 (114 ) (8 )% Legacy portfolios 8 724 1,233 (716 ) (99 )% – US run-off portfolio 40 692 1,165 (652 ) (94 )% – Legacy credit (32 ) 32 68 (64 ) (200 )% Other 12 (128 ) (512 ) (160 ) 384 (75 )% Year ended 31 Dec 1,220 1,666 2,833 (446 ) (27 )% Ñ For footnotes, see page 85 . HSBC Holdings plc 21 HSBC adjusted profit before tax and balance sheet data 2017 Retail Commercial Global Global Corporate Centre Total Footnotes $m $m $m $m $m $m Net interest income/(expense) 13,959 9,062 4,886 816 (439 ) 28,284 Net fee income/(expense) 5,156 3,518 3,489 704 (56 ) 12,811 Net trading income 31 453 539 5,995 170 807 7,964 Other income 33 719 104 721 13 908 2,465 Net operating income before loan impairment charges and other credit risk provisions 3 20,287 13,223 15,091 1,703 1,220 51,524 – external 17,040 13,383 16,378 1,438 3,285 51,524 – inter-segment 3,247 (160 ) (1,287 ) 265 (2,065 ) — Loan impairment (charges)/recoveries and other credit risk provisions (980 ) (496 ) (459 ) (16 ) 182 (1,769 ) Net operating income 19,307 12,727 14,632 1,687 1,402 49,755 Total operating expenses (12,847 ) (5,947 ) (8,858 ) (1,391 ) (2,097 ) (31,140 ) Operating profit/(loss) 6,460 6,780 5,774 296 (695 ) 18,615 Share of profit in associates and joint ventures 18 — — — 2,357 2,375 Adjusted profit before tax 6,478 6,780 5,774 296 1,662 20,990 % % % % % % Share of HSBC’s adjusted profit before tax 30.9 32.3 27.5 1.4 7.9 100.0 Adjusted cost efficiency ratio 63.3 45.0 58.7 81.7 171.9 60.4 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 346,148 316,533 252,474 40,326 7,483 962,964 Interests in associates and joint ventures 366 — — — 22,378 22,744 Total external assets 468,281 348,243 980,485 45,745 679,017 2,521,771 Customer accounts 639,592 362,908 283,943 66,512 11,507 1,364,462 Adjusted risk-weighted assets 34 121,466 300,995 299,272 16,036 130,848 868,617 HSBC adjusted profit before tax and balance sheet data (continued) 2016 Retail Banking Commercial Global Global Corporate Centre Total Footnotes $m $m $m $m $m $m Net interest income 12,919 8,491 4,798 801 1,170 28,179 Net fee income/(expense) 4,756 3,559 3,394 749 (63 ) 12,395 Net trading income 31 426 442 6,231 183 2,426 9,708 Other income/(expense) 33 441 127 292 15 (1,867 ) (992 ) Net operating income before loan impairment charges and other credit risk provisions 3 18,542 12,619 14,715 1,748 1,666 49,290 – external 16,052 12,641 17,412 1,487 1,698 49,290 – inter-segment 2,490 (22 ) (2,697 ) 261 (32 ) — Loan impairment charges and other credit risk provisions (1,142 ) (969 ) (461 ) — (22 ) (2,594 ) Net operating income 17,400 11,650 14,254 1,748 1,644 46,696 Total operating expenses (12,184 ) (5,746 ) (8,745 ) (1,476 ) (1,933 ) (30,084 ) Operating profit/(loss) 5,216 5,904 5,509 272 (289 ) 16,612 Share of profit in associates and joint ventures 20 — — — 2,302 2,322 Adjusted profit before tax 5,236 5,904 5,509 272 2,013 18,934 % % % % % % Share of HSBC’s adjusted profit before tax 27.7 31.2 29.1 1.4 10.6 100.0 Adjusted cost efficiency ratio 65.7 45.5 59.4 84.4 116.0 61.0 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 323,986 294,952 237,655 36,972 12,494 906,059 Interests in associates and joint ventures 394 — — — 20,340 20,734 Total external assets 435,839 320,173 981,893 43,234 708,320 2,489,459 Customer accounts 611,846 356,885 272,159 72,730 15,037 1,328,657 Adjusted risk-weighted assets 34 114,683 286,912 307,736 15,649 153,324 878,304 2015 Net interest income 12,299 8,287 4,422 819 2,167 27,994 Net fee income/(expense) 5,446 3,672 3,514 939 (121 ) 13,450 Net trading income 31 427 460 5,960 206 721 7,774 Other income 33 666 88 382 2 66 1,204 Net operating income before loan impairment charges and other credit risk provisions 3 18,838 12,507 14,278 1,966 2,833 50,422 – external 16,451 12,585 16,633 1,689 3,064 50,422 – inter-segment 2,387 (78 ) (2,355 ) 277 (231 ) — Loan impairment charges and other credit risk provisions (1,023 ) (1,447 ) (71 ) (11 ) (27 ) (2,579 ) Net operating income 17,815 11,060 14,207 1,955 2,806 47,843 Total operating expenses (12,332 ) (5,826 ) (8,903 ) (1,582 ) (2,814 ) (31,457 ) Operating profit/(loss) 5,483 5,234 5,304 373 (8 ) 16,386 Share of profit/(loss) in associates and joint ventures 23 — (1 ) — 2,387 2,409 Adjusted profit before tax 5,506 5,234 5,303 373 2,379 18,795 % % % % % % Share of HSBC’s adjusted profit before tax 29.3 27.8 28.2 2.0 12.7 100.0 Adjusted cost efficiency ratio 65.5 46.6 62.4 80.5 99.3 62.4 Adjusted balance sheet data $m $m $m $m $m $m Loans and advances to customers (net) 313,927 281,826 243,662 42,592 23,690 905,697 Interests in associates and joint ventures 391 — — — 18,673 19,064 Total external assets 422,322 309,266 886,750 51,190 651,847 2,321,378 Customer accounts 569,183 341,717 256,374 80,442 13,956 1,261,672 Adjusted risk-weighted assets 34 116,047 282,149 318,818 17,661 313,100 1,047,775
Reconciliation of reported and adjusted items	Adjusted results reconciliation 2017 2016 2015 Adjusted Significant items Reported Adjusted Currency translation Significant items Reported Adjusted Currency translation Significant items Reported Footnote $m $m $m $m $m $m $m $m $m $m $m Revenue 3 51,524 (79 ) 51,445 49,290 736 (2,060 ) 47,966 50,422 3,727 5,651 59,800 LICs (1,769 ) — (1,769 ) (2,594 ) 61 (867 ) (3,400 ) (2,579 ) (127 ) (1,015 ) (3,721 ) Operating expenses (31,140 ) (3,744 ) (34,884 ) (30,084 ) (331 ) (9,393 ) (39,808 ) (31,457 ) (2,434 ) (5,877 ) (39,768 ) Share of profit in associates and joint ventures 2,375 — 2,375 2,322 33 (1 ) 2,354 2,409 149 (2 ) 2,556 Profit/(loss) before tax 20,990 (3,823 ) 17,167 18,934 499 (12,321 ) 7,112 18,795 1,315 (1,243 ) 18,867 Adjusted balance sheet reconciliation 2017 2016 2015 Reported and Adjusted Adjusted Currency translation Reported Adjusted Currency translation Brazil operations 1 Reported $m $m $m $m $m $m $m $m Loans and advances to customers (net) 962,964 906,059 (44,555 ) 861,504 905,697 18,757 — 924,454 Interests in associates and joint ventures 22,744 20,734 (705 ) 20,029 19,064 75 — 19,139 Total external assets 2,521,771 2,489,459 (114,473 ) 2,374,986 2,321,378 39,164 49,114 2,409,656 Customer accounts 1,364,462 1,328,657 (56,271 ) 1,272,386 1,261,672 27,914 — 1,289,586 1 Includes effects of foreign currency translation. Adjusted profit reconciliation 2017 2016 2015 Footnotes $m $m $m For the year ended 31 Dec Adjusted profit before tax 20,990 18,934 18,795 Significant items (3,823 ) (12,321 ) (1,243 ) – customer redress programmes (revenue) (108 ) 2 (10 ) – DVA on derivative contracts (373 ) 26 230 – fair value movements on non-qualifying hedges 32 128 (687 ) (327 ) – gain on disposal of our investment in Vietnam Technological and Commercial Joint Stock Bank 126 — — – gain on disposal of our membership interest in Visa – Europe — 584 — – gain on disposal of our membership interest in Visa – US 308 116 — – gain on the partial sale of shareholding in Industrial Bank — — 1,372 – gain/(loss) and trading results from disposed-of operations in Brazil 19 (2,081 ) (13 ) – investment in new businesses (99 ) — — – other acquisitions, disposals and dilutions 78 — — – own credit spread 25 — (1,792 ) 1,002 – portfolio disposals (158 ) (163 ) (214 ) – costs associated with portfolio disposals (53 ) (28 ) — – costs associated with the UK’s exit from the EU (28 ) — — – costs to achieve (3,002 ) (3,118 ) (908 ) – costs to establish UK ring-fenced bank (392 ) (223 ) (89 ) – customer redress programmes (operating expenses) (655 ) (559 ) (541 ) – gain on partial settlement of pension obligation 188 — — – impairment of GPB – Europe goodwill — (3,240 ) — – regulatory provisions in GPB (164 ) (344 ) (172 ) – restructuring and other related costs — — (117 ) – settlements and provisions in connection with legal matters 362 (681 ) (1,649 ) – currency translation on significant items (133 ) 193 Currency translation 499 1,315 Reported profit before tax 17,167 7,112 18,867

Report Of The Directors Finan89

Report Of The Directors Financial Review Risk Report (Tables)	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Financial Review Risk Report [Abstract]
Disclosure of detailed information about financial instruments	Maximum exposure to credit risk (Audited) 2017 2016 Maximum Offset Net Maximum Offset Net $m $m $m $m $m $m Derivatives 219,818 (204,829 ) 14,989 290,872 (262,233 ) 28,639 Loans and advances to customers held at amortised cost 962,964 (35,414 ) 927,550 861,504 (33,657 ) 827,847 – personal 374,762 (2,946 ) 371,816 337,826 (3,629 ) 334,197 – corporate and commercial 516,754 (29,459 ) 487,295 460,209 (27,686 ) 432,523 – non-bank financial institutions 71,448 (3,009 ) 68,439 63,469 (2,342 ) 61,127 Loans and advances to banks held at amortised cost 90,393 (273 ) 90,120 88,126 (248 ) 87,878 Reverse repurchase agreements – non-trading 201,553 (3,724 ) 197,829 160,974 (4,764 ) 156,210 Total balance sheet exposure to credit risk 2,305,592 (244,240 ) 2,061,352 2,204,751 (300,902 ) 1,903,849 Total off-balance sheet 723,917 — 723,917 692,915 — 692,915 – financial guarantees and similar contracts 38,328 — 38,328 37,072 — 37,072 – loan and other credit-related commitments 685,589 — 685,589 655,843 — 655,843 At 31 Dec 3,029,509 (244,240 ) 2,785,269 2,897,666 (300,902 ) 2,596,764 Unamortised balance of derivatives valued using models with significant unobservable inputs 2017 2016 Footnote $m $m Unamortised balance at 1 Jan 99 97 Deferral on new transactions 191 156 Recognised in the income statement during the year: (187 ) (140 ) – amortisation (85 ) (70 ) – subsequent to unobservable inputs becoming observable (2 ) (5 ) – maturity, termination or offsetting derivative (100 ) (65 ) Exchange differences 10 (13 ) Other (7 ) (1 ) Unamortised balance at 31 Dec 1 106 99 1 This amount is yet to be recognised in the consolidated income statement.
Disclosure of financial assets that are either past due or impaired	Distribution of financial instruments by credit quality (Audited) Neither past due nor impaired Past due Impaired Total Impairment Total Strong Good Satisfactory Sub- $m $m $m $m $m $m $m $m $m Cash and balances at central banks 179,155 1,043 407 19 180,624 180,624 Items in the course of collection from other banks 6,322 29 273 4 6,628 6,628 Hong Kong Government certificates of indebtedness 34,186 — — — 34,186 34,186 Trading assets 137,983 22,365 26,438 1,949 188,735 188,735 – treasury and other eligible bills 15,412 531 491 1,098 17,532 17,532 – debt securities 84,493 9,517 12,978 498 107,486 107,486 – loans and advances to banks 15,496 5,778 4,757 26 26,057 26,057 – loans and advances to customers 22,582 6,539 8,212 327 37,660 37,660 Financial assets designated at fair value 3,378 269 1,029 28 4,704 4,704 Derivatives 181,195 31,827 5,874 922 219,818 219,818 Loans and advances to customers held at amortised cost 503,759 222,343 204,162 16,114 8,600 15,470 970,448 (7,484 ) 962,964 – personal 324,960 26,612 14,549 780 4,658 4,922 376,481 (1,719 ) 374,762 – corporate and commercial 140,382 176,745 176,661 14,784 3,422 10,254 522,248 (5,494 ) 516,754 – non-bank financial institutions 38,417 18,986 12,952 550 520 294 71,719 (271 ) 71,448 Loans and advances to banks held at amortised cost 77,175 9,026 4,144 39 9 — 90,393 — 90,393 Reverse repurchase agreements – non-trading 143,154 32,321 25,636 442 — — 201,553 — 201,553 Financial investments 356,065 10,463 15,017 2,886 — 728 385,159 385,159 Other assets 12,714 6,526 10,705 681 107 143 30,876 (48 ) 30,828 – endorsements and acceptances 1,430 4,636 3,455 183 15 31 9,750 9,750 – accrued income and other 11,175 1,837 7,124 361 91 56 20,644 20,644 – assets held for sale 109 53 126 137 1 56 482 (48 ) 434 At 31 Dec 2017 1,635,086 336,212 293,685 23,084 8,716 16,341 2,313,124 (7,532 ) 2,305,592 % % % % % % % Percentage of total gross amount 70.7 14.5 12.7 1.0 0.4 0.7 100.0 Distribution of financial instruments by credit quality (continued) Neither past due nor impaired Past due but not impaired Impaired Total gross amount Impairment allowances Total Strong Good Satisfactory Sub- standard $m $m $m $m $m $m $m $m $m Cash and balances at central banks 126,838 711 444 16 128,009 128,009 Items in the course of collection from other banks 4,656 14 329 4 5,003 5,003 Hong Kong Government certificates of indebtedness 31,228 — — — 31,228 31,228 Trading assets 127,997 20,345 21,947 1,232 171,521 171,521 – treasury and other eligible bills 13,595 672 138 46 14,451 14,451 – debt securities 73,171 7,746 12,741 396 94,054 94,054 – loans and advances to banks 15,356 6,119 3,250 44 24,769 24,769 – loans and advances to customers 25,875 5,808 5,818 746 38,247 38,247 Financial assets designated at fair value 3,249 367 542 314 4,472 4,472 Derivatives 236,693 45,961 7,368 850 290,872 290,872 Loans and advances to customers 437,531 200,385 185,717 18,831 8,662 18,228 869,354 (7,850 ) 861,504 – personal 290,313 24,544 12,505 884 5,062 6,490 339,798 (1,972 ) 337,826 – corporate and commercial 111,848 158,878 163,107 17,504 3,128 11,362 465,827 (5,618 ) 460,209 – non-bank financial institutions 35,370 16,963 10,105 443 472 376 63,729 (260 ) 63,469 Loans and advances to banks held at amortised cost 73,516 8,238 6,293 73 6 — 88,126 — 88,126 Reverse repurchase agreements – non-trading 123,822 18,223 18,166 763 — — 160,974 — 160,974 Financial investments 401,010 13,579 13,570 2,940 — 1,031 432,130 432,130 Other assets 12,977 5,884 9,619 1,071 360 1,251 31,162 (250 ) 30,912 – endorsements and acceptances 1,160 3,688 3,125 474 35 92 8,574 8,574 – accrued income and other 10,043 1,660 6,102 331 89 129 18,354 18,354 – assets held for sale 1,774 536 392 266 236 1,030 4,234 (250 ) 3,984 At 31 Dec 2016 1,579,517 313,707 263,995 26,094 9,028 20,510 2,212,851 (8,100 ) 2,204,751 % % % % % % % Percentage of total gross amount 71.4 14.2 11.9 1.2 0.4 0.9 100.0 Past due but not impaired gross financial instruments by geographical region (Audited) Europe Asia MENA North Latin Total $m $m $m $m $m $m At 31 Dec 2017 1,324 3,892 852 2,015 633 8,716 At 31 Dec 2016 1,206 3,484 1,260 2,549 529 9,028 Ageing analysis of days for past due but not impaired gross financial instruments (Audited) Up to 29 days 30-59 60-89 90-179 180 days Total $m $m $m $m $m $m Loans and advances to customers and banks held at amortised cost 6,837 1,255 493 10 14 8,609 – personal 3,455 866 337 — — 4,658 – corporate and commercial 2,899 343 156 10 14 3,422 – financial 483 46 — — — 529 Other financial instruments 33 12 18 12 32 107 At 31 Dec 2017 6,870 1,267 511 22 46 8,716 Loans and advances to customers and banks held at amortised cost 6,743 1,320 587 11 7 8,668 – personal 3,696 986 380 — — 5,062 – corporate and commercial 2,593 316 201 11 7 3,128 – financial 454 18 6 — — 478 Other financial instruments 264 47 23 12 14 360 At 31 Dec 2016 7,007 1,367 610 23 21 9,028
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments	Movement in impairment allowances on loans and advances to customers and banks (Audited) 2017 2016 Banks individually assessed Customers Banks individually assessed Customers Individually assessed Collectively assessed Total Individually assessed Collectively assessed Total $m $m $m $m $m $m $m $m At 1 Jan — 4,932 2,918 7,850 18 5,402 4,153 9,573 Amounts written off — (1,468 ) (1,705 ) (3,173 ) (18 ) (1,831 ) (1,607 ) (3,456 ) Recoveries of loans and advances previously written off — 119 525 644 — 107 520 627 Charge to income statement — 1,114 878 1,992 — 1,831 1,519 3,350 Exchange and other movements — 263 (92 ) 171 — (577 ) (1,667 ) (2,244 ) At 31 Dec — 4,960 2,524 7,484 — 4,932 2,918 7,850 Impairment allowances % of loans and advances — 0.5% 0.3% 0.8% — 0.6% 0.3% 0.8%
Disclosure of impairment loss and reversal of impairment loss	Loan impairment charge to the income statement by industry sector Europe Asia MENA North America Latin America Total Footnote $m $m $m $m $m $m Personal 140 243 92 32 452 959 – first lien residential mortgages 6 (1 ) 5 — (27 ) (17 ) – other personal 134 244 87 32 479 976 Corporate and commercial 619 298 83 (163 ) 90 927 – manufacturing and international trade and services 314 236 95 18 59 722 – commercial real estate and other property-related 200 21 (4 ) 9 — 226 – other commercial 105 41 (8 ) (190 ) 31 (21 ) Financial 66 17 22 1 — 106 At 31 Dec 2017 825 558 197 (130 ) 542 1,992 Personal 162 264 226 219 832 1,703 – first lien residential mortgages 1 (1 ) 10 149 7 166 – other personal 161 265 216 70 825 1,537 Corporate and commercial 337 388 53 500 330 1,608 – manufacturing and international trade and services 38 306 105 81 195 725 – commercial real estate and other property-related (15 ) (28 ) (16 ) 3 25 (31 ) – other commercial 314 110 (36 ) 416 110 914 Financial 34 2 13 (10 ) — 39 At 31 Dec 2016 45 533 654 292 709 1,162 3,350 For footnote, see page 161 .
Disclosure of financial assets and off-balance sheet commitments	Commercial real estate loans and advances including loan commitments by level of collateral (Audited) Europe Asia MENA North America Latin America Total UK Hong Kong $m $m $m $m $m $m $m $m Rated CRR/EL 1 to 7 Not collateralised 6,114 18,338 315 590 397 25,754 4,812 12,678 Fully collateralised 25,958 30,289 192 11,201 931 68,571 20,709 24,708 Partially collateralised (A) 1,631 1,623 — 1,797 149 5,200 968 1,229 – collateral value on A 1,270 975 — 1,281 76 3,602 568 729 Total 33,703 50,250 507 13,588 1,477 99,525 26,489 38,615 Rated CRR/EL 8 Not collateralised 5 — — — — 5 3 — Fully collateralised 145 — — 77 — 222 129 — – LTV ratio: less than 50% 64 — — 3 — 67 64 — – 51% to 75% 34 — — 7 — 41 32 — – 76% to 90% 23 — — 66 — 89 19 — – 91% to 100% 24 — — 1 — 25 14 — Partially collateralised (B) 62 — — 10 — 72 55 — – collateral value on B 42 — — 1 — 43 40 — Total 212 — — 87 — 299 187 — Rated CRR/EL 9 to 10 Not collateralised 56 — 2 2 3 63 46 — Fully collateralised 445 10 194 45 16 710 376 5 – LTV ratio: less than 50% 82 6 19 26 15 148 60 — – 51% to 75% 165 2 — 6 1 174 149 2 – 76% to 90% 127 2 — 13 — 142 122 2 – 91% to 100% 71 — 175 — — 246 45 1 Partially collateralised (C) 441 6 — 36 10 493 351 6 – collateral value on C 250 3 — 13 32 298 188 3 Total 942 16 196 83 29 1,266 773 11 At 31 Dec 2017 34,857 50,266 703 13,758 1,506 101,090 27,449 38,626 Rated CRR/EL 1 to 7 Not collateralised 3,887 12,714 391 561 760 18,313 2,888 9,971 Fully collateralised 21,815 27,296 152 10,618 449 60,330 18,009 21,821 Partially collateralised (A) 1,360 1,106 — 1,388 63 3,917 1,004 644 – collateral value on A 1,021 552 — 991 7 2,571 672 314 Total 27,062 41,116 543 12,567 1,272 82,560 21,901 32,436 Rated CRR/EL 8 Not collateralised 12 — — 1 — 13 11 — Fully collateralised 190 — — 6 — 196 158 — – LTV ratio: less than 50% 54 — — 4 — 58 39 — – 51% to 75% 76 — — 1 — 77 70 — – 76% to 90% 44 — — — — 44 39 — – 91% to 100% 16 — — 1 — 17 10 — Partially collateralised (B) 91 — — 11 — 102 82 — – collateral value on B 70 — — 1 — 71 61 — Total 293 — — 18 — 311 251 — Rated CRR/EL 9 to 10 Not collateralised 62 3 4 4 2 75 16 — Fully collateralised 764 14 194 85 61 1,118 740 10 – LTV ratio: less than 50% 79 7 19 5 31 141 62 4 – 51% to 75% 571 5 — 34 14 624 569 4 – 76% to 90% 64 1 — 7 16 88 64 1 – 91% to 100% 50 1 175 39 — 265 45 1 Partially collateralised (C) 384 5 — 21 2 412 361 5 – collateral value on C 148 5 — 13 36 202 131 5 Total 1,210 22 198 110 65 1,605 1,117 15 At 31 Dec 2016 28,565 41,138 741 12,695 1,337 84,476 23,269 32,451 Other corporate, commercial and non-bank financial institutions loans and advances including loan commitments by level of (Audited) Europe Asia MENA North Latin America Total UK Hong Kong $m $m $m $m $m $m $m $m Rated CRR/EL 8 Not collateralised 1,730 42 109 1,721 121 3,723 320 15 Fully collateralised 293 9 25 222 4 553 103 5 – LTV ratio: less than 50% 72 7 9 96 4 188 25 3 – 51% to 75% 73 2 12 69 — 156 65 2 – 76% to 90% 16 — 4 19 — 39 11 — – 91% to 100% 132 — — 38 — 170 2 — Partially collateralised (A) 94 140 34 224 — 492 91 135 – collateral value on A 62 12 3 128 1 206 59 10 Total 2,117 191 168 2,167 125 4,768 514 155 Rated CRR/EL 9 to 10 Not collateralised 1,710 926 875 73 150 3,734 1,508 511 Fully collateralised 1,520 365 180 460 54 2,579 1,223 105 – LTV ratio: less than 50% 634 113 30 14 22 813 516 69 – 51% to 75% 431 27 62 64 21 605 403 9 – 76% to 90% 256 39 88 11 3 397 235 20 – 91% to 100% 199 186 — 371 8 764 69 7 Partially collateralised (B) 452 343 404 517 27 1,743 397 161 – collateral value on B 243 208 68 337 18 874 210 119 Total 3,682 1,634 1,459 1,050 231 8,056 3,128 777 At 31 Dec 2017 5,799 1,825 1,627 3,217 356 12,824 3,642 932 Rated CRR/EL 8 Not collateralised 1,766 405 51 2,976 85 5,283 172 287 Fully collateralised 141 3 94 362 — 600 70 1 – LTV ratio: less than 50% 86 2 10 151 — 249 30 1 – 51% to 75% 34 1 15 118 — 168 28 — – 76% to 90% 10 — 7 79 — 96 5 — – 91% to 100% 11 — 62 14 — 87 7 — Partially collateralised (A) 191 12 20 242 — 465 187 12 – collateral value on A 23 3 5 26 — 57 19 3 Total 2,098 420 165 3,580 85 6,348 429 300 Rated CRR/EL 9 to 10 Not collateralised 1,439 848 900 154 167 3,508 1,347 377 Fully collateralised 1,394 447 160 488 56 2,545 1,159 144 – LTV ratio: less than 50% 570 126 54 59 29 838 449 54 – 51% to 75% 412 104 6 85 8 615 367 32 – 76% to 90% 180 86 87 53 8 414 144 44 – 91% to 100% 232 131 13 291 11 678 199 14 Partially collateralised (B) 478 642 442 771 35 2,368 454 305 – collateral value on B 322 268 75 353 16 1,034 300 150 Total 3,311 1,937 1,502 1,413 258 8,421 2,960 826 At 31 Dec 2016 5,409 2,357 1,667 4,993 343 14,769 3,389 1,126 Residential mortgage loans including loan commitments by level of collateral (Audited) Europe Asia MENA North Latin Total UK Hong $m $m $m $m $m $m $m $m Non-impaired loans and advances Fully collateralised 131,205 115,928 2,194 35,597 2,164 287,088 124,736 72,073 – LTV ratio: less than 50% 72,513 77,286 582 12,902 827 164,110 69,679 55,237 – 51% to 60% 21,702 16,891 321 8,948 425 48,287 20,706 8,340 – 61% to 70% 16,500 10,900 445 8,786 423 37,054 15,422 3,282 – 71% to 80% 12,857 7,848 579 4,341 268 25,893 11,992 3,402 – 81% to 90% 6,347 2,316 230 391 161 9,445 5,824 1,376 – 91% to 100% 1,286 687 37 229 60 2,299 1,113 436 Partially collateralised: Greater than 100% (A) 309 53 71 216 11 660 174 — – 101% to 110% 125 34 15 89 7 270 89 — – 111% to 120% 46 10 7 57 1 121 16 — – greater than120% 138 9 49 70 3 269 69 — Collateral on A 258 48 48 187 9 550 125 — Non-impaired loans and advances 131,514 115,981 2,265 35,813 2,175 287,748 124,910 72,073 Impaired loans and advances Fully collateralised 1,241 284 46 1,306 127 3,004 1,008 46 – LTV ratio: less than 50% 637 133 12 446 10 1,238 538 42 – 51% to 60% 236 40 4 230 8 518 196 3 – 61% to 70% 157 36 10 210 3 416 130 — – 71% to 80% 116 37 6 191 4 354 85 1 – 81% to 90% 53 27 6 135 102 323 40 — – 91% to 100% 42 11 8 94 — 155 19 — Partially collateralised: Greater than 100% (B) 86 10 56 187 3 342 38 — – 101% to 110% 38 5 9 49 — 101 15 — – 111% to 120% 13 2 12 34 — 61 5 — – greater than 120% 35 3 35 104 3 180 18 — Collateral on B 67 9 48 143 2 269 31 — Impaired loans and advances 1,327 294 102 1,493 130 3,346 1,046 46 At 31 Dec 2017 132,841 116,275 2,367 37,306 2,305 291,094 125,956 72,119 Residential mortgage loans including loan commitments by level of collateral (continued) (Audited) Europe Asia MENA North America Latin America Total UK Hong Kong $m $m $m $m $m $m $m $m Non impaired loans and advances Fully collateralised 111,799 104,122 2,333 35,773 1,813 255,840 106,006 65,480 – LTV ratio: less than 50% 63,404 63,009 617 12,454 676 140,160 61,128 44,732 – 51% to 60% 19,129 18,198 369 8,124 316 46,136 18,094 10,656 – 61% to 70% 14,437 10,908 505 9,471 366 35,687 13,222 3,851 – 71% to 80% 9,029 7,370 659 4,374 253 21,685 8,433 2,958 – 81% to 90% 4,963 3,463 148 888 144 9,606 4,509 2,324 – 91% to 100% 837 1,174 35 462 58 2,566 620 959 Partially collateralised: Greater than 100% (A) 430 41 69 373 26 939 284 1 – 101% to110% 150 20 15 179 17 381 106 1 – 111% to 120% 64 2 11 85 5 167 33 — – greater than 120% 216 19 43 109 4 391 145 — Collateral on A 342 27 40 328 25 762 197 1 Non-impaired loans and advances 112,229 104,163 2,402 36,146 1,839 256,779 106,290 65,481 Impaired loans and advances Fully collateralised 1,213 247 59 2,905 85 4,509 1,059 42 – LTV ratio: less than 50% 580 109 21 825 8 1,543 521 34 – 51% to 60% 222 49 3 527 3 804 200 4 – 61% to 70% 180 24 13 540 4 761 158 1 – 71% to 80% 122 29 4 449 3 607 101 1 – 81% to 90% 66 19 9 336 67 497 52 1 – 91% to 100% 43 17 9 228 — 297 27 1 Partially collateralised: Greater than 100% (B) 80 7 73 182 — 342 42 — – 101% to110% 37 3 10 94 — 144 17 — – 111% to 120% 12 2 12 38 — 64 7 — – greater than 120% 31 2 51 50 — 134 18 — Collateral value on B 66 5 64 152 — 287 33 — Impaired loans 1,293 254 132 3,087 85 4,851 1,101 42 At 31 Dec 2016 113,522 104,417 2,534 39,233 1,924 261,630 107,391 65,523
Disclosure of balance sheet amounts related to insurance manufacturing subsidiaries	Balance sheet of insurance manufacturing subsidiaries by type of contract 55 (Audited) With DPF Unit-linked Other contracts 64 Shareholder Total Footnotes $m $m $m $m $m Financial assets 65,112 9,081 14,849 6,662 95,704 – trading assets — — — — — – financial assets designated at fair value 15,533 8,814 2,951 1,259 28,557 – derivatives 286 — 13 41 340 – financial investments – HTM 57 29,302 — 6,396 3,331 39,029 – financial investments – AFS 57 15,280 — 4,836 1,877 21,993 – other financial assets 58 4,711 267 653 154 5,785 Reinsurance assets 1,108 274 1,154 — 2,536 PVIF 59 — — — 6,610 6,610 Other assets and investment properties 1,975 2 164 1,126 3,267 Total assets 68,195 9,357 16,167 14,398 108,117 Liabilities under investment contracts designated at fair value — 1,750 3,885 — 5,635 Liabilities under insurance contracts 67,137 7,548 10,982 — 85,667 Deferred tax 60 14 6 9 1,230 1,259 Other liabilities — — — 3,325 3,325 Total liabilities 67,151 9,304 14,876 4,555 95,886 Total equity — — — 12,231 12,231 Total liabilities and equity at 31 Dec 2017 67,151 9,304 14,876 16,786 108,117 Financial assets 57,004 8,877 13,021 5,141 84,043 – trading assets — — 2 — 2 – financial assets designated at fair value 12,134 8,592 2,889 684 24,299 – derivatives 212 2 13 46 273 – financial investments – HTM 57 25,867 — 5,329 2,919 34,115 – financial investments – AFS 57 14,359 — 4,206 1,355 19,920 – other financial assets 58 4,432 283 582 137 5,434 Reinsurance assets 498 322 1,048 — 1,868 PVIF 59 — — — 6,502 6,502 Other assets and investment properties 1,716 5 171 525 2,417 Total assets 59,218 9,204 14,240 12,168 94,830 Liabilities under investment contracts designated at fair value — 2,197 3,805 — 6,002 Liabilities under insurance contracts 58,800 6,949 9,524 — 75,273 Deferred tax 60 13 3 7 1,166 1,189 Other liabilities — — — 1,805 1,805 Total liabilities 58,813 9,149 13,336 2,971 84,269 Total equity — — — 10,561 10,561 Total liabilities and equity at 31 Dec 2016 58,813 9,149 13,336 13,532 94,830 For footnotes, see page 161 . Balance sheet of insurance manufacturing subsidiaries by geographical region 55, 61 (Audited) Europe Asia Latin Total Footnotes $m $m $m $m Financial assets 30,231 63,973 1,500 95,704 – trading assets — — — — – financial assets designated at fair value 12,430 15,633 494 28,557 – derivatives 169 171 — 340 – financial investments – HTM 57 — 38,506 523 39,029 – financial investments – AFS 57 15,144 6,393 456 21,993 – other financial assets 58 2,488 3,270 27 5,785 Reinsurance assets 469 2,063 4 2,536 PVIF 59 773 5,709 128 6,610 Other assets and investment properties 1,666 1,577 24 3,267 Total assets 33,139 73,322 1,656 108,117 Liabilities under investment contracts designated at fair value 739 4,896 — 5,635 Liabilities under insurance contracts 28,416 56,047 1,204 85,667 Deferred tax 60 217 1,033 9 1,259 Other liabilities 2,043 1,209 73 3,325 Total liabilities 31,415 63,185 1,286 95,886 Total equity 1,724 10,137 370 12,231 Total liabilities and equity at 31 Dec 2017 33,139 73,322 1,656 108,117 Financial assets 26,238 56,371 1,434 84,043 – trading assets — — 2 2 – financial assets designated at fair value 10,171 13,618 510 24,299 – derivatives 187 86 — 273 – financial investments – HTM 57 — 33,624 491 34,115 – financial investments – AFS 57 13,812 5,735 373 19,920 – other financial assets 58 2,068 3,308 58 5,434 Reinsurance assets 362 1,499 7 1,868 PVIF 59 711 5,682 109 6,502 Other assets and investment properties 871 1,493 53 2,417 Total assets 28,182 65,045 1,603 94,830 Liabilities under investment contracts designated at fair value 1,321 4,681 — 6,002 Liabilities under insurance contracts 24,310 49,793 1,170 75,273 Deferred tax 60 238 919 32 1,189 Other liabilities 841 914 50 1,805 Total liabilities 26,710 56,307 1,252 84,269 Total equity 1,472 8,738 351 10,561 Total liabilities and equity at 31 Dec 2016 28,182 65,045 1,603 94,830 For footnotes, see page 161 .
Disclosure of financial return guarantees	Financial return guarantees 55 (Audited) 2017 2016 Investment returns implied by guarantee Long-term investment returns on relevant portfolios Cost of guarantees Investment returns implied by guarantee Long-term investment returns on relevant portfolios Cost of guarantees Footnote % % $m % % $m Capital 0.0 0.0–3.2 103 0.0 0.0–3.0 59 Nominal annual return 0.1–2.0 3.2–3.7 64 0.1–2.0 3.7–3.8 64 Nominal annual return 62 2.1–4.0 3.2–4.4 459 2.1–4.0 3.0–4.4 426 Nominal annual return 4.1–5.0 3.2–4.1 70 4.1–5.0 3.0–4.1 76 At 31 Dec 696 625 For footnotes, see page 161 .
Disclosure of sensitivity analysis to insurance risk factors	Sensitivity of HSBC’s insurance manufacturing subsidiaries to market risk factors (Audited) 2017 2016 Effect on profit after tax Effect on total equity Effect on profit after tax Effect on total equity Footnote $m $m $m $m +100 basis point parallel shift in yield curves 42 (583 ) 63 (494 ) -100 basis point parallel shift in yield curves 63 (140 ) 617 (182 ) 490 10% increase in equity prices 223 237 189 190 10% decrease in equity prices (225 ) (239 ) (191 ) (191 ) 10% increase in US dollar exchange rate compared with all currencies 24 24 19 19 10% decrease in US dollar exchange rate compared with all currencies (24 ) (24 ) (19 ) (19 ) For footnote, see page 161 . Sensitivity analysis (Audited) 2017 2016 $m $m Effect on profit after tax and total equity 10% increase in mortality and/or morbidity rates (77 ) (71 ) 10% decrease in mortality and/or morbidity rates 82 75 10% increase in lapse rates (93 ) (80 ) 10% decrease in lapse rates 106 93 10% increase in expense rates (92 ) (89 ) 10% decrease in expense rates 91 87
Disclosure of expected maturity of insurance contract liabilities	Expected maturity of insurance contract liabilities 55 (Audited) Expected cash flows (undiscounted) Within 1 year 1-5 years 5-15 years Over 15 years Total $m $m $m $m $m Unit-linked 969 3,041 4,695 6,814 15,519 With DPF and Other contracts 6,916 26,453 43,784 45,334 122,487 At 31 Dec 2017 7,885 29,494 48,479 52,148 138,006 Unit-linked 630 2,468 5,101 9,513 17,712 With DPF and Other contracts 5,582 23,136 40,621 40,447 109,786 At 31 Dec 2016 6,212 25,604 45,722 49,960 127,498 For footnotes, see page 161 .
Disclosure of asset-backed securities	Carrying amount of HSBC’s consolidated holdings of ABSs Trading Available for sale Held to maturity Designated at fair value through profit or loss Loans and receivables Total Of which $m $m $m $m $m $m $m Mortgage-related assets 1,767 14,221 13,965 — 1,762 31,715 1,826 – sub-prime residential 22 918 — — 32 972 484 – US Alt-A residential — 1,102 3 — — 1,105 1,041 – US Government agency and sponsored enterprises: MBSs 331 11,750 13,962 — — 26,043 — – other residential 814 181 — — 1,595 2,590 75 – commercial property 600 270 — — 135 1,005 226 Leveraged finance-related assets 128 373 — — 45 546 283 Student loan-related assets 155 2,198 — — — 2,353 2,158 Other assets 1,266 731 — 2 3,553 5,552 428 At 31 Dec 2017 3,316 17,523 13,965 2 5,360 40,166 4,695 Mortgage-related assets 1,320 17,575 12,793 — 338 32,026 2,859 – sub-prime residential 63 1,544 — — 104 1,711 618 – US Alt-A residential — 1,453 5 — 39 1,497 1,382 – US Government agency and sponsored enterprises: MBSs 247 13,070 12,788 — — 26,105 — – other residential 662 362 — — 54 1,078 152 – commercial property 348 1,146 — — 141 1,635 707 Leveraged finance-related assets 175 1,284 — — 70 1,529 735 Student loan-related assets 140 2,865 — — 11 3,016 2,616 Other assets 1,278 730 — 19 48 2,075 404 At 31 Dec 2016 2,913 22,454 12,793 19 467 38,646 6,614
Disclosure of funding sources and uses	Funding sources and uses 2017 2016 $m $m Sources Customer accounts 1,364,462 1,272,386 Deposits by banks 69,922 59,939 Repurchase agreements – non-trading 130,002 88,958 Debt securities in issue 64,546 65,915 Liabilities of disposal groups held for sale 1,286 2,790 Subordinated liabilities 19,826 20,984 Financial liabilities designated at fair value 94,429 86,832 Liabilities under insurance contracts 85,667 75,273 Trading liabilities 184,361 153,691 – repos 2,255 1,428 – stock lending 8,363 3,643 – settlement accounts 11,198 15,271 – other trading liabilities 162,545 133,349 Total equity 197,871 182,578 At 31 Dec 2,212,372 2,009,346 Uses Loans and advances to customers 962,964 861,504 Loans and advances to banks 90,393 88,126 Reverse repurchase agreements – non-trading 201,553 160,974 Assets held for sale 781 4,389 Trading assets 287,995 235,125 – reverse repos 10,224 4,780 – stock borrowing 6,895 5,427 – settlement accounts 15,258 17,850 – other trading assets 255,618 207,068 Financial investments 389,076 436,797 Cash and balances with central banks 180,624 128,009 Net deployment in other balance sheet assets and liabilities 98,986 94,422 At 31 Dec 2,212,372 2,009,346
Disclosure of funding cash flows payable by remaining contractual maturities	Cash flows payable by HSBC under financial liabilities by remaining contractual maturities (Audited) On Due within Due between Due between Due after $m $m $m $m $m Deposits by banks 48,247 10,596 1,877 7,814 1,508 Customer accounts 1,159,962 153,018 44,348 7,238 675 Repurchase agreements – non-trading 20,550 106,236 2,270 1,085 — Trading liabilities 184,361 — — — — Financial liabilities designated at fair value 715 1,249 7,117 39,596 59,428 Derivatives 212,797 219 1,221 3,170 1,506 Debt securities in issue 11 12,624 21,066 25,654 11,092 Subordinated liabilities 3 2,227 841 7,011 21,775 Other financial liabilities 48,407 18,780 3,701 1,994 1,314 1,675,053 304,949 82,441 93,562 97,298 Loan and other credit-related commitments 570,132 96,670 9,176 7,261 2,350 Financial guarantees and similar contracts 16,712 4,029 10,410 5,856 1,321 At 31 Dec 2017 2,261,897 405,648 102,027 106,679 100,969 Proportion of cash flows payable in period 76% 14% 3% 4% 3% Deposits by banks 40,277 10,222 3,284 5,233 1,033 Customer accounts 1,079,866 145,932 38,273 8,676 559 Repurchase agreements – non-trading 18,134 66,801 2,929 1,048 — Trading liabilities 153,691 — — — — Financial liabilities designated at fair value 1,307 2,265 5,003 34,707 61,929 Derivatives 274,283 287 1,129 2,472 1,727 Debt securities in issue 9 13,118 19,492 29,487 8,089 Subordinated liabilities 1 400 1,378 10,302 21,552 Other financial liabilities 45,569 15,844 3,050 1,525 843 1,613,137 254,869 74,538 93,450 95,732 Loan and other credit-related commitments 554,801 84,800 8,162 6,865 1,216 Financial guarantees and similar contracts 12,608 4,647 10,301 8,138 1,378 At 31 Dec 2016 2,180,546 344,316 93,001 108,453 98,326 Proportion of cash flows payable in period 78% 12% 3% 4% 3% Cash flows payable by HSBC Holdings under financial liabilities by remaining contractual maturities (Audited) On Due within Due between Due between Due after $m $m $m $m $m Amounts owed to HSBC undertakings — 2,525 46 — — Financial liabilities designated at fair value — 286 875 16,554 19,465 Derivatives 2,008 — — 293 781 Debt securities in issue — 232 1,787 13,975 26,452 Subordinated liabilities — 2,113 537 2,852 20,944 Other financial liabilities — 849 200 — — 2,008 6,005 3,445 33,674 67,642 Loan commitments — — — — — Financial guarantees and similar contracts 7,778 — — — — At 31 Dec 2017 9,786 6,005 3,445 33,674 67,642 Amounts owed to HSBC undertakings — 2,051 — 105 — Financial liabilities designated at fair value — 314 960 11,964 25,665 Derivatives 3,841 — — 592 592 Debt securities in issue — 157 478 8,393 19,164 Subordinated liabilities — 196 598 4,461 20,899 Other financial liabilities — 1,343 164 — — 3,841 4,061 2,200 25,515 66,320 Loan commitments — — — — — Financial guarantees and similar contracts 7,619 — — — — At 31 Dec 2016 11,460 4,061 2,200 25,515 66,320
Disclosure of funding cash flows payable by remaining contractual maturities	Cash flows payable by HSBC under financial liabilities by remaining contractual maturities (Audited) On Due within Due between Due between Due after $m $m $m $m $m Deposits by banks 48,247 10,596 1,877 7,814 1,508 Customer accounts 1,159,962 153,018 44,348 7,238 675 Repurchase agreements – non-trading 20,550 106,236 2,270 1,085 — Trading liabilities 184,361 — — — — Financial liabilities designated at fair value 715 1,249 7,117 39,596 59,428 Derivatives 212,797 219 1,221 3,170 1,506 Debt securities in issue 11 12,624 21,066 25,654 11,092 Subordinated liabilities 3 2,227 841 7,011 21,775 Other financial liabilities 48,407 18,780 3,701 1,994 1,314 1,675,053 304,949 82,441 93,562 97,298 Loan and other credit-related commitments 570,132 96,670 9,176 7,261 2,350 Financial guarantees and similar contracts 16,712 4,029 10,410 5,856 1,321 At 31 Dec 2017 2,261,897 405,648 102,027 106,679 100,969 Proportion of cash flows payable in period 76% 14% 3% 4% 3% Deposits by banks 40,277 10,222 3,284 5,233 1,033 Customer accounts 1,079,866 145,932 38,273 8,676 559 Repurchase agreements – non-trading 18,134 66,801 2,929 1,048 — Trading liabilities 153,691 — — — — Financial liabilities designated at fair value 1,307 2,265 5,003 34,707 61,929 Derivatives 274,283 287 1,129 2,472 1,727 Debt securities in issue 9 13,118 19,492 29,487 8,089 Subordinated liabilities 1 400 1,378 10,302 21,552 Other financial liabilities 45,569 15,844 3,050 1,525 843 1,613,137 254,869 74,538 93,450 95,732 Loan and other credit-related commitments 554,801 84,800 8,162 6,865 1,216 Financial guarantees and similar contracts 12,608 4,647 10,301 8,138 1,378 At 31 Dec 2016 2,180,546 344,316 93,001 108,453 98,326 Proportion of cash flows payable in period 78% 12% 3% 4% 3% Cash flows payable by HSBC Holdings under financial liabilities by remaining contractual maturities (Audited) On Due within Due between Due between Due after $m $m $m $m $m Amounts owed to HSBC undertakings — 2,525 46 — — Financial liabilities designated at fair value — 286 875 16,554 19,465 Derivatives 2,008 — — 293 781 Debt securities in issue — 232 1,787 13,975 26,452 Subordinated liabilities — 2,113 537 2,852 20,944 Other financial liabilities — 849 200 — — 2,008 6,005 3,445 33,674 67,642 Loan commitments — — — — — Financial guarantees and similar contracts 7,778 — — — — At 31 Dec 2017 9,786 6,005 3,445 33,674 67,642 Amounts owed to HSBC undertakings — 2,051 — 105 — Financial liabilities designated at fair value — 314 960 11,964 25,665 Derivatives 3,841 — — 592 592 Debt securities in issue — 157 478 8,393 19,164 Subordinated liabilities — 196 598 4,461 20,899 Other financial liabilities — 1,343 164 — — 3,841 4,061 2,200 25,515 66,320 Loan commitments — — — — — Financial guarantees and similar contracts 7,619 — — — — At 31 Dec 2016 11,460 4,061 2,200 25,515 66,320
Disclosure of value at risk (VaR)	The Group trading VaR for the year is shown in the table below. Trading VaR, 99% 1 day 50 (Audited) Foreign exchange (FX) and commodity Interest rate (IR) Equity (EQ) Credit spread (CS) Portfolio diversification 51 Total 52 $m $m $m $m $m $m Balance at 31 Dec 2017 7.4 30.8 32.6 31.1 (38.2 ) 63.7 Average 10.4 38.2 16.7 15.4 (32.9 ) 47.8 Maximum 23.0 67.1 32.6 31.8 70.8 Minimum 4.9 27.2 9.1 5.1 36.6 Balance at 31 Dec 2016 8.9 49.8 11.8 5.9 (23.5 ) 52.8 Average 11.1 42.8 20.4 13.5 (30.3 ) 57.5 Maximum 16.9 64.2 32.4 28.1 91.5 Minimum 5.4 31.8 11.8 5.0 42.1 The Group non-trading VaR for the year is shown in the table below. Non-trading VaR, 99% 1 day (Audited) Interest rate (IR) Credit spread (CS) Portfolio 51 Total 52 $m $m $m $m Balance at 31 Dec 2017 88.5 46.7 (38.9 ) 96.3 Average 119.0 46.1 (36.9 ) 128.2 Maximum 164.1 71.9 183.8 Minimum 88.5 24.5 93.3 Balance at 31 Dec 2016 157.0 46.5 (32.1 ) 171.4 Average 131.6 52.8 (32.1 ) 152.2 Maximum 171.9 82.8 182.1 Minimum 100.2 36.9 123.3 For footnotes, see page 161 .
Disclosure of equity securities classified as available for sale	Equity securities classified as available for sale Fair value of equity securities (Audited) 2017 2016 Footnotes $bn $bn Private equity holdings 53 1.0 1.2 Investment to facilitate ongoing business 54 1.6 1.5 Other strategic investments 1.3 2.0 At 31 Dec 3.9 4.7 For footnotes, see page 161 .
Disclosure of net interest income sensitivity	Net interest income sensitivity (12 months) (Audited) US dollar HK dollar Sterling Euro Other Total $m $m $m $m $m $m Change in 2018 net interest income arising from a shift in yield curves of: +25 basis points at the beginning of each quarter 563 511 407 249 448 2,178 - 25 basis points at the beginning of each quarter (821 ) (789 ) (494 ) 17 (405 ) (2,492 ) Change in 2017 net interest income arising from a shift in yield curves of: +25 basis points at the beginning of each quarter 577 504 61 153 414 1,709 - 25 basis points at the beginning of each quarter (985 ) (797 ) (261 ) 9 (372 ) (2,406 ) NII sensitivity to an instantaneous change in yield curves (12 months) Currency US dollar HK dollar Sterling Euro Other Total $m $m $m $m $m $m +25bps parallel 227 179 147 50 203 806 -25bps parallel (287 ) (305 ) (181 ) 8 (160 ) (925 ) +100bps parallel 845 711 600 412 731 3,299 -100bps parallel (1,444 ) (1,425 ) (631 ) 31 (732 ) (4,201 )

Report Of The Directors Finan90

Report Of The Directors Financial Review Capital Report (Tables)	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Financial Review Capital Report [Abstract]
Disclosure of capital requirements under banking regulations	Transitional own funds disclosure (Audited) At 31 Dec 31 Dec 2017 2016 Ref * Footnotes $m $m Common equity tier 1 (‘CET1’) capital: instruments and reserves 1 Capital instruments and the related share premium accounts 18,932 21,310 – ordinary shares 18,932 21,310 2 Retained earnings 1 124,679 129,552 3 Accumulated other comprehensive income (and other reserves) 9,433 560 5 Minority interests (amount allowed in consolidated CET1) 4,905 3,878 5a Independently reviewed interim net profits net of any foreseeable charge or dividend 1 608 (6,009 ) 6 Common equity tier 1 capital before regulatory adjustments 158,557 149,291 Common equity tier 1 capital: regulatory adjustments 7 Additional value adjustments (1,146 ) (1,358 ) 8 Intangible assets (net of related deferred tax liability) (16,872 ) (15,037 ) 10 Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability) (1,181 ) (1,696 ) 11 Fair value reserves related to gains or losses on cash flow hedges 208 (52 ) 12 Negative amounts resulting from the calculation of expected loss amounts (2,820 ) (4,025 ) 14 Gains or losses on liabilities at fair value resulting from changes in own credit standing 3,731 1,052 15 Defined-benefit pension fund assets (6,740 ) (3,680 ) 16 Direct and indirect holdings of own CET1 instruments (40 ) (1,573 ) 19 Direct, indirect and synthetic holdings by the institution of the CET1 instruments of financial sector entities where the institution has a significant investment in those entities (amount above 10% threshold and net of eligible short positions) (7,553 ) (6,370 ) 28 Total regulatory adjustments to common equity tier 1 (32,413 ) (32,739 ) 29 Common equity tier 1 capital 126,144 116,552 Additional tier 1 (‘AT1’) capital: instruments 30 Capital instruments and the related share premium accounts 16,399 11,259 31 – classified as equity under IFRSs 16,399 11,259 33 Amount of qualifying items and the related share premium accounts subject to phase out from AT1 6,622 7,946 34 Qualifying tier 1 capital included in consolidated AT1 capital (including minority interests not included in CET1) issued by subsidiaries and held by third parties 1,901 2,419 35 – of which: instruments issued by subsidiaries subject to phase out 1,374 1,522 36 Additional tier 1 capital before regulatory adjustments 24,922 21,624 Additional tier 1 capital: regulatory adjustments 37 Direct and indirect holdings of own AT1 instruments (60 ) (60 ) 41b Residual amounts deducted from AT1 capital with regard to deduction from tier 2 (‘T2’) capital during the transitional period (52 ) (94 ) – direct and indirect holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (52 ) (94 ) 43 Total regulatory adjustments to additional tier 1 capital (112 ) (154 ) 44 Additional tier 1 capital 24,810 21,470 45 Tier 1 capital (T1 = CET1 + AT1) 150,954 138,022 Tier 2 capital: instruments and provisions 46 Capital instruments and the related share premium accounts 16,880 16,732 47 Amount of qualifying items and the related share premium accounts subject to phase out from T2 4,746 5,695 48 Qualifying own funds instruments included in consolidated T2 capital (including minority interests and AT1 instruments not included in CET1 or AT1) issued by subsidiaries and held by third parties 10,306 12,323 49 – of which: instruments issued by subsidiaries subject to phase out 10,236 12,283 51 Tier 2 capital before regulatory adjustments 31,932 34,750 Tier 2 capital: regulatory adjustments 52 Direct and indirect holdings of own T2 instruments (40 ) (40 ) 55 Direct and indirect holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (net of eligible short positions) (463 ) (374 ) 57 Total regulatory adjustments to tier 2 capital (503 ) (414 ) 58 Tier 2 capital 31,429 34,336 59 Total capital (TC = T1 + T2) 182,383 172,358 * The references identify the lines prescribed in the EBA template, which are applicable and where there is a value. 1 In the comparative period, dividend paid has been reallocated from row 2 to row 5a.

Report of Directors Corporate91

Report of Directors Corporate Governance (Tables)	12 Months Ended
	Dec. 31, 2017
Report Of Directors Corporate Governance [Abstract]
Disclosure of remuneration of executive Directors	(in £000) Base salary Fixed pay allowance Cash in lieu of pension Annual incentive LTI 1 Sub-total Taxable benefits Non-taxable benefits Notional returns Total Douglas Flint 2 2017 1,125 — 338 — — 1,463 83 64 — 1,610 2016 1,500 — 450 — — 1,950 100 86 — 2,136 Stuart Gulliver 3 2017 1,250 1,700 375 2,127 — 5,452 500 71 63 6,086 2016 1,250 1,700 375 1,695 — 5,020 557 71 27 5,675 Iain Mackay 2017 700 950 210 1,334 — 3,194 64 37 42 3,337 2016 700 950 210 987 — 2,847 52 37 17 2,953 Marc Moses 2017 700 950 210 1,358 — 3,218 16 38 42 3,314 2016 700 950 210 1,005 — 2,865 15 38 18 2,936 1. The first LTI award was made in February 2017, with a performance period ending in 2019. Vesting of the first LTI award will be included in the single figure table for the financial year ending on 31 December 2019. 2. Douglas Flint stepped down from the Board on 30 September 2017 and his remuneration reflects time served as an executive Director. Details on retirement arrangements are provided on page 196 . 3. To meet regulatory deferral requirements for 2017, 60% of the annual incentive award of Stuart Gulliver has been deferred in shares and will vest in five equal instalments between the third and seventh anniversary of the grant date. The following table shows the single figure total remuneration of each executive Director for 2017, together with comparative figures for 2016. Single figure of remuneration Base Fixed pay allowance Cash in lieu of pension Annual incentive LTI 1 Sub-total Taxable benefits Non-taxable benefits Notional returns Total (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) (£000) Douglas Flint 2 2017 1,125 — 338 — — 1,463 83 64 — 1,610 2016 1,500 — 450 — — 1,950 100 86 — 2,136 Stuart Gulliver 3 2017 1,250 1,700 375 2,127 — 5,452 500 71 63 6,086 2016 1,250 1,700 375 1,695 — 5,020 557 71 27 5,675 Iain Mackay 2017 700 950 210 1,334 — 3,194 64 37 42 3,337 2016 700 950 210 987 — 2,847 52 37 17 2,953 Marc Moses 2017 700 950 210 1,358 — 3,218 16 38 42 3,314 2016 700 950 210 1,005 — 2,865 15 38 18 2,936 1 The first LTI award was made in February 2017, with a performance period ending in 2019. Vesting of the first LTI award will be included in the single figure table for the financial year ending on 31 December 2019. 2 Douglas Flint stepped down from the Board on 30 September 2017 and his remuneration reflects time served as an executive Director. Details on retirement arrangements are provided on page 196 . 3 To meet regulatory deferral requirements for 2017, 60% of the annual incentive award of Stuart Gulliver has been deferred in shares and will vest in five equal instalments between the third and seventh anniversary of the grant date. The values of the significant benefits in the single figure table are set out in the following table. (Audited) Car benefit (UK and Hong Kong) 1 Hong Kong bank-owned accommodation 2 Tax expense on car benefit and Hong Kong bank-owned accommodation Insurance benefit (non-taxable) 1 (£000) (£000) (£000) (£000) Douglas Flint 2017 — — — 56 2016 — — — 75 Stuart Gulliver 2017 — 282 164 63 2016 64 263 211 63 1 The car benefit, tax on car benefit and insurance benefits for Iain Mackay and Marc Moses are not included in the above table as they were not significant. 2 Taxable value determined based on the current market rental value of the bank-owned property in Hong Kong, as estimated by an external lease service provider, plus utility costs, rates, the taxable value of furniture and taking into account the business use of the property.
Disclosure of performance achieved by executive Directors	The performance achieved by executive Directors in the year is shown in the table below. Annual assessment Stuart Gulliver Iain Mackay Marc Moses Weighting (%) Assessment (%) Outcome (%) Weighting (%) Assessment (%) Outcome (%) Weighting (%) Assessment (%) Outcome (%) Profit before tax 1 20.00 100.00 20.00 10.00 100.00 10.00 10.00 100.00 10.00 Capital management — — — 25.00 100.00 25.00 — — — Deliver cost savings 20.00 25.00 5.00 10.00 25.00 2.50 — — — Reduce Group RWAs 10.00 100.00 10.00 10.00 100.00 10.00 15.00 100.00 15.00 Strategic growth 10.00 90.19 9.02 — — — — — — Global Standards including risk and compliance 25.00 85.00 21.25 25.00 90.00 22.50 50.00 86.25 43.13 Personal objectives 15.00 97.92 14.69 20.00 97.70 19.54 25.00 92.18 23.04 Total 100.00 79.96 100.00 89.54 100.00 91.17 Maximum annual incentive opportunity (£000) £2,660 £1,490 £1,490 Annual incentive (£000) £2,127 £1,334 £1,358 Financial performance Annual assessment Minimum (25% payout) Maximum (100% payout) Performance Assessment Measure Profit before tax ($bn) 1 $16.0 $19.0 $21.2 100.00 % Deliver cost savings ($bn) 2 $30.2 $29.6 $30.2 25.00 % Reduce Group RWAs ($bn) $63.4 $70.5 $70.7 100.00 % Strategic growth 3 Various Various Fully met targets for six measures and partly met targets for three measures. 90.19 % 1 Profit before tax, as defined for Group annual bonus pool calculation. This definition excludes business disposal gains and losses, debt valuation adjustments, restructuring and write-off costs included in ‘Costs to Achieve' and variable pay expense. It does, however, take into account fines, penalties and costs of customer redress, which are excluded from the adjusted profit before tax. The adjusted profit before tax as per adjusted results is found on page 2 . 2 Measured by reference to the 2017 exit run-rate for adjusted costs compared with our 2014 cost base. 3 Strategic growth measures include optimising global network, rebuilding NAFTA region profitability, delivering growth above GDP from our international network, pivot to Asia and Renminbi internationalisation. Non-financial performance The table below provides an overview of the non-financial performance achieved by each executive Director. Stuart Gulliver Performance Assessment Global Standards including risk and compliance • Achieve and sustain compliance with global financial crime compliance policies and procedures, and/or have approved dispensations in place. • Implementation of the operational risk management framework. • Implementation of global conduct programme and maturity level achieved against the required conduct outcomes. • Effective risk management with AML, sanctions, anti-bribery and corruption policies and Global Standards. • The financial crime risk management agenda has continued to be pursued rigorously resulting in key compliance action plan deliverables being met and strong progress made on Global Standards programme. This has been reinforced by a strong tone from the top, active engagement at relevant governance forums and full commitment to the ongoing development of the Financial Crime Risk ('FCR') function. Risk management practices materially strengthened across regions and businesses. However, further improvement is needed before sustainable maturity is achieved. • Implemented the operational risk management framework with key milestones met. • The conduct programme consistently delivered against the committed plan, including high priority conduct gaps closed and action plans implemented in respect of remaining gaps as well as the production and embedding of conduct management information. Achieved consistent management, oversight and delivery of conduct outcomes across all global businesses and significant global functions, including the effective transition to business as usual activities. • The AML DPA expired on 11 December 2017, and at the DoJ's request, the charges deferred by the AML DPA have been dismissed by the US district court that oversaw the agreement. 85.0 % Personal objectives • Ensure climate change is reflected across the Group‘s activities. • Optimise global network and reduce complexity. • Set up UK ring-fenced bank headquartered in Birmingham and move the business to be ready for UK departure from the EU. • Delivery of high-priority projects. • Improve customer satisfaction and employee diversity. • Complete succession and transition planning. • HSBC scored ‘A-’ (leadership level) in the Climate Disclosure Project 2017 climate change rankings. In 2017, HSBC developed and published its sustainability strategy and announced five commitments to support the transition to a low-carbon economy. These include a commitment to provide $100bn of sustainable finance, demonstrating HSBC’s ambition to be a leading global partner to the public and private sectors in the transition to a low carbon economy. • The Group’s geographic coverage has been reduced to 67 countries and territories and previously announced transactions/closures are being progressed. • Establishment of the UK ring-fenced bank is on track, with the provisional banking licence approved by the Prudential Regulation Authority (‘PRA’). 91% of Birmingham head office roles resourced, and the majority of technology deployments complete. • Implementation plan for a UK departure from the EU is on track. • The high-priority programmes, including digital transformation and cybersecurity have been assessed as fully met. • Achieved customer recommendation of 82% (target 75%) by retail customers. Good progress has been made in 2017, notably establishing the ‘Moments Of Truth’ survey in key markets. • Achieved target (26.3%) for female representation at senior management level. • Group succession plan is in place for key management personnel. • Stuart Gulliver was awarded ‘Order of the Aztec Eagle’, Mexico‘s highest distinction for foreign citizens and was the first banking executive ever to receive this award. 97.9 % Iain Mackay Performance Assessment Capital management • Implement consistent capital management framework across the Group for internal and external reporting. • Capital management framework fully implemented with capital actions enabled and return on tangible equity introduced as the revised capital management measure in internal and external reporting. 100.0 % Global Standards including risk and compliance • Effective management of material operational risks. • Implementation of the operational risk management framework. • Proactively review and challenge the first line of defence to assess the adequacy of risk management activities relating to accounting and tax. • Implementation of global conduct programme and maturity level achieved against the required conduct outcomes. • Successful delivery of regulatory and internal stress tests in 2017. • Significant effort undertaken during 2017 to strengthen the self-identification, recording and remediation of audit issues through the implementation, training and awareness of the enhanced control framework. There were a small number of residual risks, all of which are appropriately managed. • Largely implemented the operational risk transformation programme and operational risk management framework. • Strong progress made towards the implementation of risk steward responsibilities for accounting and tax risk. Oversight of these risks within business areas is being progressed through the controls optimisation project. • Completed implementation of the global conduct programme milestones including the production and embedding of conduct management information. • Successfully delivered stress test submissions; including Comprehensive Capital Analysis and Review (‘CCAR’), Annual Stress Testing and PRA stress tests. Largely completed delivery of IFRS 9 programme. 90.0 % Personal objectives • Enhanced environmental, social and governance (‘ESG’) disclosures. • Deliver Global Finance transformation. • Set-up UK ring-fenced bank headquartered in Birmingham and move the business to be ready for a UK departure from the EU. • Improve employee diversity. • Complete succession and transition planning. • First ESG report published in April 2017. Updated ESG report published in November 2017. • Significant cost and headcount saves achieved through the Global Finance transformation together with substantial strengthening of the Global Finance centres. Progress achieved in enhancing efficiency through process re-engineering and technology deployment with improvements in timing and quality of delivery. • UK ring-fenced bank financial and regulatory reporting infrastructure on track to support employees and product systems migrations and to start trading as HSBC UK on 1 July 2018, subject to ring-fencing transfer scheme approval by court. 91% of Birmingham head office roles resourced. • Finance Steering Committee established for dealing with UK’s departure from the EU and implementation plan is on track. • Achieved 26.7% (target = 28.5%) for female representation at senior management in the Finance function. • Global people & talent programme established across the Global Finance function, focusing on the identification, development and leverage of talent at all levels to strengthen capability, quality and diversity of leadership succession across the function. Top 100 Programme launched in partnership with Duke Corporate Education. • Succession plans in place for key management personnel. 97.7 % Marc Moses Performance Assessment Global Standards including risk and compliance • Ensure the Global Risk function enables and supports the FCR function to achieve and sustain compliance with global financial crime compliance policies and procedures. • Implementation of the operational risk management framework. • Effective management of material operational risks. • Proactively review and challenge the first line of defence to assess the adequacy of risk management activities and fulfil risk steward responsibilities. • Manage credit and market risk, and oversee liquidity risk within the Board approved risk appetite. • Implementation of global conduct programme and maturity level achieved against the required conduct outcomes. • Successful delivery of regulatory and internal stress tests in 2017. • Enabled effective FCR management through the enterprise wide and operational risk management frameworks, provision of risk analytics support to FCR management and the completion of FCR model. • Implementation of operational risk management framework and the delivery of risk management system of record on time and within budget. Material operational risks are being actively managed and remediation actions relating to high and very high residual risks are being completed. • Completed the delivery of the US risk management measures to enable compliance with regulations; largely completed the delivery of IFRS 9 and Dodd-Frank programmes. • Successfully delivered the 2017 Annual Cyclical Scenario: Biennial Exploratory Scenario submissions to the PRA and the CCAR submissions to the Federal Reserve Board. • Credit, market and liquidity metrics effectively managed through the Group Risk Management Meeting and within Group risk appetite profile. • Successfully completed all 2017 conduct programme milestones including the production and embedding of conduct management information, and enabling compliance with conduct regulations. Maturity levels across conduct outcomes largely met expectations. 86.3 % Personal objectives • Develop processes to measure exposure to carbon-intensive and low-carbon-intensive activities. • Define opportunities to develop risk management policies and procedures consistent with Group risk appetite to protect the Group from climate change risk, and enable business activities supporting a transition to a low-carbon economy. • Pivot to Asia and support growth of customer lending. • Deliver Global Risk function transformation. • Improve RWA effectiveness and efficiency. • Improve employee diversity. • Complete succession and transition planning. • Enabled the embedding of effective client and sustainability risk management; engaged constructively with non-governmental organisations and participated actively in the Global Climate Change Disclosure taskforce. Actively applied revised sustainability policies and frameworks to support the successful launch of Green and Social Bonds, the risk management of our environmentally-sensitive exposures such as incorporating new standards for the palm oil sector to protect high carbon stock forests and peat, and delivery of actions to reduce client sensitivity to risks associated with the transition from a high-carbon to low-carbon economy through the financing of green initiatives. • Pivot to Asia with ongoing RBWM expansion and launch of China Cards has driven higher returns and lending growth, particularly in Hong Kong and the Pearl River Delta. Regulatory approval obtained to establish HSBC Qianhai Securities Limited will increase access to China’s markets for domestic and international clients. • Effectively managed costs and headcount of the Global Risk function through rigorous monitoring of performance and implementation of transformation activities including process re-engineering, and location optimisation. • Strengthened RWA effectiveness and efficiency within CMB and GBM supporting overall reduction in Group RWAs. • Delivered Global Risk function people initiatives including succession plans and achieved 27.1% (target = 27.7%) for female representation at senior management in the Risk function. 92.2 %
Disclosure of performance conditions for long-term incentives	Performance conditions for LTI awards in respect of 2017 Measures Minimum (25% payout) Target (50% payout) Maximum (100% payout) Weighting % Average return on equity (with CET1 underpin) 1 9.0% 10.0% 11.0% 20 Cost-efficiency ratio 60.0% 58.0% 55.5% 20 Relative total shareholder return 2 At median of the peer group. Straight-line vesting between minimum and maximum. At upper quartile of the peer group. 20 Risk and compliance • Achieve and sustain compliance with Global Financial Crime Compliance policies and procedures. • Achieve a sustainable adoption of Group operation risk management framework, along with its policies and practices. • Achieve and sustain delivery of global conduct outcomes and compliance with conduct of business regulatory obligations. Performance will be assessed by the Committee based on a number of qualitative and quantitative inputs such as feedback from the Financial System Vulnerabilities Committee, Group Financial Crime Risk assessment against Financial Crime Compliance objectives, outcome of assurance and audit reviews, and achievement of the long-term Group objectives and priorities during the performance period. 25 Strategy 15 • Sustainable finance 3 $30bn $34bn $37bn • Employee confidence 4 65% 67% 70% • Customer (Based on customer recommendation in top five markets by revenue) Improvement in recommendation in three of top five markets for CMB, GBM and RBWM. Improvement in recommendation in four of top five markets for CMB, GBM and RBWM. Improvement in recommendation in all of top five markets for CMB, GBM and RBWM. Total 100 1 Significant items are excluded from the profit attributable to ordinary shareholders of the company for the purpose of computing adjusted return on equity. If the CET1 ratio at the end of performance period is below the CET1 risk tolerance level set in the RAS then, the assessment for this measure will be reduced to nil. 2 The peer group for the 2017 award is: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse Group, DBS Group Holdings, Deutsche Bank, JPMorgan Chase & Co., Lloyds Banking Group, Standard Chartered and UBS Group. 3 To be assessed based on cumulative financing and investment made to develop clean energy, lower-carbon technologies and projects that contribute to the delivery of the Paris Agreement and the UN sustainable development goals. 4 Assessed based on results of the latest employee snapshot survey question ‘I am seeing the positive impact of our strategy’
Disclosure of scheme interests awarded	The table below sets out the scheme interests awarded to Directors in 2017, for performance in 2016, as disclosed in the 2016 Directors’ Remuneration Report. No non-executive Directors received scheme interests during the financial year. Scheme awards in 2017 (Audited) Type of interest awarded Basis on which Date of award Face value awarded 1,2 £000 Percentage receivable for minimum performance 1,2 Number of shares awarded Share price on date of grant 3 End of performance period Stuart Gulliver Deferred shares Long-term incentive 2016 27 Feb 2017 3,990 25 613,562 £6.5030 31 Dec 2019 Iain Mackay Deferred shares Long-term incentive 2016 27 Feb 2017 2,232 25 343,226 £6.5030 31 Dec 2019 Marc Moses Deferred shares Long-term incentive 2016 27 Feb 2017 2,232 25 343,226 £6.5030 31 Dec 2019 1 For annual incentive, awards were determined based on performance achieved during the period to 31 December 2016 and were subject to a six -month retention period on vesting. These awards are also subject to clawback for a maximum period of 10 years from the date of the award. The overall award level could have been 0% of the maximum opportunity if minimum performance was not achieved at the end of the performance period. 2 For LTI, awards are subject to a three -year forward-looking performance period and awards vest in five equal instalments subject to performance achieved. On vesting, awards will be subject to a six -month retention period. Awards are subject to malus during the vesting period and clawback for a maximum period of 10 years from the date of the award. Details of performance conditions applicable during the forward-looking performance period are set out below. 3 Share price used is the closing mid-market price on the last working day preceding the date of grant.
Disclosure of directors' interest in share options	The table below shows the comparison of shareholdings to the company shareholding guidelines. There have been no changes in the shareholdings of the Directors from 31 December 2017 to the date of this report. Shares (Audited) Shareholding guidelines 2 (% of salary) Shareholding at 31 Dec 2017, or date of retirement from the Board, if earlier 3 (% of salary) At 31 Dec 2017, or date of retirement from the Board, if earlier Scheme interests Share interests 4 (number of shares) Share options 5 Shares awarded subject to deferral 1 without performance conditions 4, 6 with performance conditions 7 Executive Directors Douglas Flint (retired from the Board on 30 September 2017) 100 % 125 % 252,606 2,919 — — Stuart Gulliver 400 % 2,211 % 3,711,169 — 2,293,071 738,499 Iain Mackay 300 % 470 % 442,118 3,469 1,268,016 426,997 Marc Moses 300 % 1,284 % 1,207,068 — 1,288,389 424,927 Group Managing Directors 8 250,000 shares n/a n/a n/a n/a n/a 1 The gross number of shares is disclosed. A portion of these shares will be sold at vesting to cover any income tax and social security which falls due at the time of vesting. 2 Unvested share-based incentives are note counted towards compliance with the shareholding guideline. 3 The value of the shareholding is calculated using an average of the daily closing share prices in the three months to 31 December 2017, ( £7.4468 ). 4 For variable pay awards (annual incentive and LTI), in line with regulatory requirements, any deferred shares (net of tax) which the Director becomes entitled to are subject to a retention requirement, such that they must be held for a predefined period of time. To provide the executive Directors with appropriate flexibility, the Committee determined that, the requirement to hold these shares could be met either by retaining the shares that vested from the underlying award (net of tax) or by separately retaining a number of shares equivalent to those that vested under the award. The Committee consider that such an arrangement results in the employee holding the same number of shares as per the original intention of the retention period as set out in the remuneration policy approved by shareholders in 2014. 5 All share options are unvested and unexercised. 6 Includes Group Performance Share Plan ('GPSP') awards, which were made following an assessment of performance over the relevant period ending on 31 December before the grant date but are subject to a five -year vesting period. 7 Awards granted in March 2013 are subject to service conditions and satisfactory completion of the AML DPA, as determined by the Committee. The AML DPA condition ends on the fifth anniversary of the award date. LTI awards granted in February 2017 are subject to the performance conditions as set out on page 197 . 8 All Group Managing Directors are expected to meet their shareholding guideline by 2019 or within five years of the date of their appointment, whichever is later. Share options (Audited) Date of award Exercise price Exercisable At 1 Jan Exercised At 31 Dec 2017, or date of retirements from the Board, if earlier £ from 1 until 2017 in year Douglas Flint 23 Sep 2014 5.1887 1 Jan 2018 30 June 2018 2,919 — 2,919 Iain Mackay 23 Sep 2014 5.1887 1 Nov 2017 30 April 2018 3,469 — 3,469 1 May be advanced to an earlier date in certain circumstances, such as retirement.
Disclosure of non-executive director compensation	Fees and benefits (Audited) Fees 1 Benefits 2 Total (£000) Footnotes 2017 2016 2017 2016 2017 2016 Phillip Ameen 3 474 440 12 38 486 478 Kathleen Casey 174 155 16 21 190 176 Henri de Castries 4 132 79 5 4 137 83 Laura Cha 5 269 247 22 20 291 267 Lord Evans of Weardale 215 190 8 5 223 195 Joachim Faber 6 162 152 9 10 171 162 Sam Laidlaw (Retired on 28 April 2017) 70 185 1 11 71 196 Irene Lee 7 300 268 8 9 308 277 John Lipsky 199 180 25 21 224 201 Rachel Lomax (Retired on 28 April 2017) 93 254 1 6 94 260 Heidi Miller 8 571 536 18 30 589 566 David Nish 9 158 83 18 19 176 102 Jonathan Symonds 10 639 520 2 6 641 526 Jackson Tai 11 194 48 43 4 237 52 Mark Tucker (Appointed on 1 September 2017) 12 500 — 318 — 818 — Pauline van der Meer Mohr 13 239 172 16 9 255 181 Paul Walsh (Resigned on 21 April 2017) 55 142 2 5 57 147 Total 4,444 3,651 524 218 4,968 3,869 Total ($000) 5,720 4,926 674 294 6,395 5,220 1 Fees include a travel allowance of £4,000 for non-UK based non-executive Directors. 2 Benefits include accommodation and travel-related expenses relating to attendance at Board and other meetings at HSBC Holdings' registered office. Amounts disclosed have been grossed up using a tax rate of 45% , where relevant. The 2016 amounts have been restated to exclude National Insurance Contributions. 3 Includes fees of £330,000 in 2017 ( £315,000 in 2016) as a Director, Chairman of the Audit Committee and member of the Risk Committee of HSBC North America Holdings Inc. 4 Appointed as a member of the Group Remuneration Committee on 26 May 2017. 5 Includes fees of £75,000 in 2017 ( £72,000 in 2016) as a Director, Deputy Chairman and member of the Nomination Committee of The Hongkong and Shanghai Banking Corporation Limited. 6 Includes £8,000 (inclusive of VAT) in respect of his membership of a verwaltungsrat (advisory body) to HSBC Trinkaus & Burkhardt AG. Stepped down as Chairman of the Group Risk Committee on 28 April 2017 and resigned from the Group Risk Committee on 30 November 2017. 7 Includes fees of £187,000 in 2017 ( £173,000 in 2016) as a Director, and member of the Audit Committee and the Risk Committee of The Hongkong and Shanghai Banking Corporation Limited and as a Director, member of the Audit Committee and Chairman of the Risk Committee of Hang Seng Bank Limited. 8 Includes fees of £427,000 in 2017 ( £411,000 in 2016) as Chairman of HSBC North America Holdings Inc. 9 Appointed as a member of the Group Remuneration Committee on 26 May 2017. 10 Appointed as Senior Independent Director on 28 April 2017. Includes fees of £382,000 in 2017 ( £345,000 in 2016) as non-executive Chairman of HSBC Bank plc. 11 Appointed as Chairman of the Group Risk Committee on 28 April 2017. 12 Received a one time relocation benefit of £300,000 . 13 Appointed as Chairman of the Conduct & Values Committee and the Group Remuneration Committee on 28 April 2017. The table below shows the comparison of shareholdings to the company shareholding guidelines. Shares Shareholding guidelines (number of shares) Share interests (number of shares) Phillip Ameen 15,000 5,000 Kathleen Casey 15,000 9,125 Laura Cha 15,000 18,200 Henri de Castries 15,000 17,116 Lord Evans of Weardale 15,000 12,892 Joachim Faber 15,000 66,605 Sam Laidlaw (Retired on 28 April 2017) 15,000 41,887 Irene Lee 15,000 10,588 John Lipsky 15,000 16,165 Rachel Lomax (Retired on 28 April 2017) 15,000 18,900 Heidi Miller 15,000 4,200 David Nish 15,000 50,000 Jonathan Symonds 15,000 42,821 Jackson Tai 15,000 44,825 Mark Tucker (Appointed on 1 September 2017) 15,000 276,000 Pauline van der Meer Mohr 15,000 15,000 Paul Walsh (Resigned on 21 April 2017) 15,000 5,211 Compensation of Key Management Personnel 2017 2016 2015 $m $m $m Short-term employee benefits 43 41 40 Post-employment benefits — — 1 Other long-term employee benefits 5 5 9 Share-based payments 35 37 51 Year ended 31 Dec 83 83 101

Basis of preparation and sign92

Basis of preparation and significant accounting policies (Details) - USD ($) $ / shares in Units, $ in Millions	Jan. 01, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Jan. 01, 2018
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
– profit for the year		$ 11,879	$ 3,446	$ 15,096
Other comprehensive income		(9,383)	8,398	13,949
Total assets		2,521,771	2,374,986	2,409,656
Common equity tier one capital		126,144	116,552
HSBC Holdings
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
– profit for the year		5,539	6,595	4,853
Other comprehensive income		881	968	$ 57
Total assets		$ 191,734	$ 180,798
Effect of IFRS9 | IFRS 9, Financial Instruments
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
– profit for the year	$ 2,024
Basic and diluted earnings (loss) per share (in dollars per share)	$ 0.10
Other comprehensive income	$ 2,024
Scenario Forecast | IFRS 9
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
Total assets					$ (1,000)
Common equity tier one capital, regulatory transitional arrangements					1,200
Common equity tier one capital					200
Scenario Forecast | IFRS 9 | HSBC Holdings
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
Total assets					(900)
Scenario Forecast | IFRS 9, Classification And Measurement Changes
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
Total assets					900
Scenario Forecast | IFRS 9, Impairment
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
Total assets					2,200
Scenario Forecast | IFRS 9, Deferred Tax
Disclosure of effect of overlay approach reclassification on profit or loss [line items]
Total assets					$ 300

Net income_(expense) from fin93

Net income/(expense) from financial instruments designated at fair value - Net income/(expense) arising from financial instrument (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial assets designated at fair value	$ 3,400	$ 1,527	$ 633
Gains (losses) on financial liabilities designated at fair value	298	(4,193)	899
Net income/(expense) from financial instruments designated at fair value	3,698	(2,666)	1,532
Liabilities to customers under investment contracts
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	(375)	(218)	34
HSBC’s long-term debt issued and related derivatives
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	672	(3,975)	863
– changes in own credit spread on long-term debt
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	0	(1,792)	1,002
– derivatives managed in conjunction with HSBC’s issued debt securities
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	(273)	(1,367)	(1,997)
– other changes in fair value
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	945	(816)	1,858
Other financial liabilities designated at fair value
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	1	(6)	3
Derivatives managed with other financial liabilities designated at fair value
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial liabilities designated at fair value	0	6	(1)
Financial assets held to meet liabilities under insurance and investment contracts
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial assets designated at fair value	3,211	1,480	531
Other financial assets designated at fair value
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial assets designated at fair value	198	90	89
Derivatives managed with other financial assets designated at fair value
Disclosure of financial assets and liabilities [Line Items]
Gains (losses) on financial assets designated at fair value	$ (9)	$ (43)	$ 13

Net income_(expense) from fin94

Net income/(expense) from financial instruments designated at fair value - Net income/(expense) arising on HSBC Holdings' long-term debt issued and related derivatives (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of financial liabilities [line items]
Gains (losses) on financial assets designated at fair value	$ 3,400	$ 1,527	$ 633
Gains (losses) on financial liabilities designated at fair value	298	(4,193)	899
Net income/(expense) from financial instruments designated at fair value	3,698	(2,666)	1,532
– changes in own credit spread on long-term debt
Disclosure of financial liabilities [line items]
Gains (losses) on financial liabilities designated at fair value	0	(1,792)	1,002
– derivatives managed in conjunction with HSBC’s issued debt securities
Disclosure of financial liabilities [line items]
Gains (losses) on financial liabilities designated at fair value	(273)	(1,367)	(1,997)
– other changes in fair value
Disclosure of financial liabilities [line items]
Gains (losses) on financial liabilities designated at fair value	945	(816)	1,858
HSBC Holdings
Disclosure of financial liabilities [line items]
Gains (losses) on financial assets designated at fair value	211	0	0
Gains (losses) on financial liabilities designated at fair value	103	(49)	276
Net income/(expense) from financial instruments designated at fair value	314	(49)	276
HSBC Holdings | – changes in own credit spread on long-term debt
Disclosure of financial liabilities [line items]
Gains (losses) on financial liabilities designated at fair value	0	0	348
HSBC Holdings | – derivatives managed in conjunction with HSBC’s issued debt securities
Disclosure of financial liabilities [line items]
Gains (losses) on financial liabilities designated at fair value	292	(642)	(927)
HSBC Holdings | – other changes in fair value
Disclosure of financial liabilities [line items]
Gains (losses) on financial liabilities designated at fair value	(189)	593	855
Other financial assets designated at fair value
Disclosure of financial liabilities [line items]
Gains (losses) on financial assets designated at fair value	198	90	89
Other financial assets designated at fair value | HSBC Holdings
Disclosure of financial liabilities [line items]
Gains (losses) on financial assets designated at fair value	161	0	0
Derivatives managed with other financial assets designated at fair value
Disclosure of financial liabilities [line items]
Gains (losses) on financial assets designated at fair value	(9)	(43)	13
Derivatives managed with other financial assets designated at fair value | HSBC Holdings
Disclosure of financial liabilities [line items]
Gains (losses) on financial assets designated at fair value	$ 50	$ 0	$ 0

Insurance business - Net Insur

Insurance business - Net Insurance Premium Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	$ 9,779	$ 9,951	$ 10,355
Gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	10,802	10,588	11,012
Reinsurers’ share of gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	(1,023)	(637)	(657)
Non-linked insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	7,408	7,407	6,858
Non-linked insurance | Gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	8,424	8,036	7,506
Non-linked insurance | Reinsurers’ share of gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	(1,016)	(629)	(648)
Linked life insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	344	667	1,400
Linked life insurance | Gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	351	675	1,409
Linked life insurance | Reinsurers’ share of gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	(7)	(8)	(9)
Investment contracts with DPF
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	2,027	1,877	2,097
Investment contracts with DPF | Gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	2,027	1,877	2,097
Investment contracts with DPF | Reinsurers’ share of gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance premium income	$ 0	$ 0	$ 0

Insurance business - Net Ins96

Insurance business - Net Insurance Claims And Benefits Paid And Movement In Liabilities To Policyholders (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	$ 12,331	$ 11,870	$ 11,292
Non-linked insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	7,952	8,218	7,171
Linked life insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	1,478	1,243	1,393
Investment contracts with DPF
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	2,901	2,409	2,728
Gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	13,208	12,508	11,872
– claims, benefits and surrenders paid	5,929	5,594	7,170
– movement in liabilities	7,279	6,914	4,702
Gross insurance premium income | Non-linked insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	8,894	8,778	7,746
– claims, benefits and surrenders paid	2,883	2,828	3,200
– movement in liabilities	6,011	5,950	4,546
Gross insurance premium income | Linked life insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	1,413	1,321	1,398
– claims, benefits and surrenders paid	1,044	749	1,869
– movement in liabilities	369	572	(471)
Gross insurance premium income | Investment contracts with DPF
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	2,901	2,409	2,728
– claims, benefits and surrenders paid	2,002	2,017	2,101
– movement in liabilities	899	392	627
Reinsurers’ share of gross insurance premium income
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	(877)	(638)	(580)
– claims, benefits and surrenders paid	(520)	(126)	(217)
– movement in liabilities	(357)	(512)	(363)
Reinsurers’ share of gross insurance premium income | Non-linked insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	(942)	(560)	(575)
– claims, benefits and surrenders paid	(297)	(112)	(153)
– movement in liabilities	(645)	(448)	(422)
Reinsurers’ share of gross insurance premium income | Linked life insurance
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	65	(78)	(5)
– claims, benefits and surrenders paid	(223)	(14)	(64)
– movement in liabilities	288	(64)	59
Reinsurers’ share of gross insurance premium income | Investment contracts with DPF
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Net insurance claims and benefits paid and movement in liabilities to policyholders	0	0	0
– claims, benefits and surrenders paid	0	0	0
– movement in liabilities	$ 0	$ 0	$ 0

Insurance business - Liabiliti

Insurance business - Liabilities under insurance contracts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	$ 73,453
Claims and benefits paid	(5,929)	$ (5,594)
Increase in liabilities to policyholders	13,208	12,508
Exchange differences and other movements	3,115	(1,579)
Gross liabilities under insurance contracts end of period	83,196	73,453
Non-linked insurance
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	44,543
Claims and benefits paid	(2,883)	(2,828)
Increase in liabilities to policyholders	8,894	8,778
Exchange differences and other movements	58	(445)
Gross liabilities under insurance contracts end of period	49,909	44,543
Linked life insurance
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	6,629
Claims and benefits paid	(1,044)	(749)
Increase in liabilities to policyholders	1,413	1,321
Exchange differences and other movements	230	(414)
Gross liabilities under insurance contracts end of period	7,280	6,629
Investment contracts with DPF
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	22,281
Claims and benefits paid	(2,002)	(2,017)
Increase in liabilities to policyholders	2,901	2,409
Exchange differences and other movements	2,827	(720)
Gross liabilities under insurance contracts end of period	26,007	22,281
Gross insurance premium income
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	75,273	69,938
Gross liabilities under insurance contracts end of period	85,667	75,273
Gross insurance premium income | Non-linked insurance
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	46,043	40,538
Gross liabilities under insurance contracts end of period	52,112	46,043
Gross insurance premium income | Linked life insurance
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	6,949	6,791
Gross liabilities under insurance contracts end of period	7,548	6,949
Gross insurance premium income | Investment contracts with DPF
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	22,281	22,609
Gross liabilities under insurance contracts end of period	26,007	22,281
Reinsurers’ share of gross insurance premium income
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	(1,820)
Gross liabilities under insurance contracts end of period	(2,471)	(1,820)
Reinsurers’ share of gross insurance premium income | Non-linked insurance
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	(1,500)
Gross liabilities under insurance contracts end of period	(2,203)	(1,500)
Reinsurers’ share of gross insurance premium income | Linked life insurance
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	(320)
Gross liabilities under insurance contracts end of period	(268)	(320)
Reinsurers’ share of gross insurance premium income | Investment contracts with DPF
Reconciliation of changes in liabilities under insurance contracts and reinsurance contracts issued [abstract]
Gross liabilities under insurance contracts beginning of period	0
Gross liabilities under insurance contracts end of period	$ 0	$ 0

Operating profit - Operating pr

Operating profit - Operating profit (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Analysis of income and expense [abstract]
Interest recognised on impaired financial assets	$ 261	$ 574	$ 934
Fees earned on financial assets that are not at fair value through profit or loss (other than amounts included in determining the effective interest rate)	7,577	7,732	8,736
Fees earned on trust and other fiduciary activities	2,691	2,543	3,052
Interest on financial instruments, excluding interest on financial liabilities held for trading or designated at fair value	(10,912)	(11,858)	(13,680)
Fees payable on financial liabilities that are not at fair value through profit or loss (other than amounts included in determining the effective interest rate)	(1,475)	(1,214)	(1,251)
Fees payable relating to trust and other fiduciary activities	(134)	(129)	(166)
Payments under lease and sublease agreements	(936)	(969)	(1,190)
– minimum lease payments	(911)	(945)	(1,058)
– contingent rents and sublease payments	(25)	(24)	(132)
UK bank levy	(916)	(922)	(1,421)
Restructuring provisions	(204)	(415)	(430)
Impairment of available-for-sale equity securities	(98)	(36)	(111)
Gains/(losses) recognised on assets held for sale	195	(206)	(244)
Gains on the partial sale of shareholding in Industrial Bank	0	0	1,372
Gain/(loss) on disposal of Brazilian operations	19	(1,743)	0
Loan impairment charges and other credit risk provisions	(1,769)	(3,400)	(3,721)
– net impairment charge on loans and advances	(1,992)	(3,350)	(3,592)
– release of impairment on available-for-sale debt securities	190	63	17
– other credit risk provisions	$ 33	$ (113)	$ (146)

Operating profit - External net

Operating profit - External net operating income by country (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of geographical areas [line items]
External net operating income	$ 51,445	$ 47,966	$ 59,800
UK
Disclosure of geographical areas [line items]
External net operating income	11,057	9,495	14,132
Hong Kong
Disclosure of geographical areas [line items]
External net operating income	14,992	12,864	14,447
US
Disclosure of geographical areas [line items]
External net operating income	4,573	5,094	5,541
France
Disclosure of geographical areas [line items]
External net operating income	2,203	2,571	2,706
Other Countries
Disclosure of geographical areas [line items]
External net operating income	18,620	17,942	22,974
Brazil
Disclosure of geographical areas [line items]
External net operating income	$ 60	$ (204)	$ 3,546

Employee compensation and be100

Employee compensation and benefits - Employee compensation and benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Employee Compensation And Benefits [Abstract]
Wages and salaries	$ 15,227	$ 15,735	$ 17,245
Social security costs	1,419	1,312	1,600
Post-employment benefits	669	1,042	1,055
Employee compensation and benefits	$ 17,315	$ 18,089	$ 19,900

Employee compensation and be101

Employee compensation and benefits - Average number of persons employed by HSBC during the year by global business (Details) - employee	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of operating segments [line items]
Average number of employees	244,788	246,933	268,433
Retail Banking and Wealth Management
Disclosure of operating segments [line items]
Average number of employees	134,021	137,234	155,859
Commercial Banking
Disclosure of operating segments [line items]
Average number of employees	46,716	45,912	51,007
Global Banking and Markets
Disclosure of operating segments [line items]
Average number of employees	49,100	47,623	49,912
Global Private Banking
Disclosure of operating segments [line items]
Average number of employees	7,817	8,322	8,934
Corporate Centre
Disclosure of operating segments [line items]
Average number of employees	7,134	7,842	2,721

Employee compensation and be102

Employee compensation and benefits - Average number of employees employed by HSBC during the year by geographical region (Details) - employee	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of geographical areas [line items]
Average number of employees	244,788	246,933	268,433
Europe
Disclosure of geographical areas [line items]
Average number of employees	70,301	71,196	68,408
Asia
Disclosure of geographical areas [line items]
Average number of employees	125,004	122,282	121,438
Middle East and North Africa
Disclosure of geographical areas [line items]
Average number of employees	10,408	12,021	14,467
North America
Disclosure of geographical areas [line items]
Average number of employees	18,610	20,353	21,506
Latin America
Disclosure of geographical areas [line items]
Average number of employees	20,465	21,081	42,614

Employee compensation and be103

Employee compensation and benefits - Reconciliation of total incentive awards granted to income statement charge (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Employee Compensation And Benefits [Abstract]
Total incentive awards approved for the current year	$ 3,303	$ 3,035	$ 3,462
Less: deferred bonuses awarded, expected to be recognised in future periods	(337)	(323)	(387)
Total incentives awarded and recognised in the current year	2,966	2,712	3,075
Add: current year charges for deferred bonuses from previous years	336	371	483
Other	(78)	(128)	(40)
Income statement charge for incentive awards	$ 3,224	$ 2,955	$ 3,518

Employee compensation and be104

Employee compensation and benefits - Year in which income statement is expected to reflect deferred bonuses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	$ 498	$ 320	$ 253
Deferred incentive cash awards	184	114	67
Deferred incentive equity awards	314	206	186
Variable compensation from 2017 bonus pool
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	162
Variable compensation from 2016 bonus pool
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	126	152
Variable compensation from 2015 bonus pool and earlier
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	210	$ 168	$ 253
2,018
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	353
Deferred incentive cash awards	117
Deferred incentive equity awards	236
2018 | Variable compensation from 2017 bonus pool
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	162
2018 | Variable compensation from 2016 bonus pool
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	109
2018 | Variable compensation from 2015 bonus pool and earlier
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	82
2019 and beyond
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	280
Deferred incentive cash awards	99
Deferred incentive equity awards	181
2019 and beyond | Variable compensation from 2017 bonus pool
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	175
2019 and beyond | Variable compensation from 2016 bonus pool
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	84
2019 and beyond | Variable compensation from 2015 bonus pool and earlier
Disclosure Of Incentive Compensation [Line Items]
Deferred incentive awards	$ 21

Employee compensation and be105

Employee compensation and benefits - Share-based payments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Employee Compensation And Benefits [Abstract]
Expense from equity-settled share-based payment transactions in which goods or services received did not qualify for recognition as assets	$ 500	$ 534	$ 757
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payments	546	624	791
Restricted share awards
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payments	520	591	748
Savings-related and other share award option plans
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payments	$ 26	$ 33	$ 43

Employee compensation and be106

Employee compensation and benefits - HSBC share awards (Details)	12 Months Ended
	Dec. 31, 2017GBP (£)jursidiction
Deferred Restricted Share Awards
Disclosure of terms and conditions of share-based payment arrangement [line items]
Award vesting period	5 years
International Employee Share Purchase Plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of jurisdictions with plan participants | jursidiction	27
Maximum value of shares per employee per quarter | £	£ 750
Award matching ratio	0.3333
Award vesting period, maximum period from purchase of shares	2 years 9 months
Bottom of range | Deferred Restricted Share Awards
Disclosure of terms and conditions of share-based payment arrangement [line items]
Award vesting period	3 years
Top of range | Deferred Restricted Share Awards
Disclosure of terms and conditions of share-based payment arrangement [line items]
Award vesting period	7 years

Employee compensation and be107

Employee compensation and benefits - Movement on HSBC share awards (Details) - Restricted share awards shares in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share awards outstanding at 1 Jan	123,166	118,665
Additions during the year	62,044	94,981
Released in the year	(76,051)	(76,552)
Forfeited in the year	(4,634)	(13,928)
Share awards outstanding at 31 Dec	104,525	123,166
Weighted average fair value of awards granted (in dollars per share) | $	$ 7.09	$ 7.25

Employee compensation and be108

Employee compensation and benefits - HSBC share option plans (Details) - Savings-related Share Option Plans	12 Months Ended
	Dec. 31, 2017GBP (£)plan	Dec. 31, 2016
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share-based payment arrangement plans | plan	2
Employee monthly savings | £	£ 500
Term of options granted for share-based payment arrangements	6 months
Exercise price discount	20.00%	20.00%
Bottom of range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Award vesting period	3 years
Top of range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Award vesting period	5 years

Employee compensation and be109

Employee compensation and benefits - Movement on HSBC share option plans (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)sharesyear	Dec. 31, 2017GBP (£)shares	Dec. 31, 2016USD ($)sharesyear	Dec. 31, 2016GBP (£)shares	Dec. 31, 2017GBP (£)sharesyear	Dec. 31, 2016GBP (£)sharesyear
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share options outstanding at beginning of period (in shares) | shares	70,027	70,027	74,775	74,775
Granted during the year (in shares) | shares	10,447	10,447	15,044	15,044
Exercised during the year (in shares) | shares	(9,503)	(9,503)	(4,354)	(4,354)
Expired during the year (in shares) | shares	(3,902)	(3,902)	(13,243)	(13,243)
Forfeited during the year (in shares) | shares	(2,399)	(2,399)	(2,195)	(2,195)
Share options outstanding at end of period (in shares) | shares	64,670	64,670	70,027	70,027
Of which exercisable (in shares) | shares	1,129		1,086		1,129	1,086
Outstanding at 1 Jan 2017 | £		£ 4.30		£ 4.36
Granted during the year | £		5.96		4.40
Exercised during the year | £		4.83		5.02
Expired during the year | £		4.45		4.49
Forfeited during the year | £		4.27		4.34
Outstanding at 31 Dec 2017 | £		£ 4.49		£ 4.30
Of which exercisable | £					£ 5	£ 5.25
Weighted average remaining contractual life (years) | year	2.42		2.91		2.42	2.91
Weighted average fair value of options granted | $	$ 1.29		$ 1.28
Weighted average share price at the date the options were exercise | $	$ 9.93		$ 6.98

Employee compensation and be110

Employee compensation and benefits - Post-employment benefit plans (Details) £ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2017GBP (£)	Dec. 31, 2016USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2014GBP (£)
Disclosure of defined benefit plans [line items]
Estimate of contributions expected to be paid to plan	$ 278
Percentage of plan impacted by Banking Report Act	0.20%
Pension Plan | Principal plan
Disclosure of defined benefit plans [line items]
Fair value of plan assets	$ 38,265		$ 33,442	$ 30,300	£ 24,600
Surplus (deficit) in plan				$ 641	£ 520
Percentage of plan funded	102.00%
Pension Plan | Principal plan | 2018
Disclosure of defined benefit plans [line items]
Estimate of contributions expected to be paid to plan	$ 79	£ 64
Pension Plan | Principal plan | 2019
Disclosure of defined benefit plans [line items]
Estimate of contributions expected to be paid to plan	79	64
Pension Plan | Principal plan | 2020
Disclosure of defined benefit plans [line items]
Estimate of contributions expected to be paid to plan	197	160
Pension Plan | Principal plan | 2021
Disclosure of defined benefit plans [line items]
Estimate of contributions expected to be paid to plan	$ 197	£ 160

Employee compensation and be111

Employee compensation and benefits - Future Benefit Payments (Details) - Dec. 31, 2014 £ in Billions, $ in Billions	USD ($)	GBP (£)
Employee Compensation And Benefits [Abstract]
Estimated assets needed to secure all future pension payments	$ 38	£ 31

Employee compensation and be112

Employee compensation and benefits - Income statement charge (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Employee Compensation And Benefits [Abstract]
Defined benefit pension plans	$ 100	$ 218	$ 256
Defined contribution pension plans	603	783	793
Pension plans	703	1,001	1,049
Defined benefit and contribution healthcare plans	(34)	41	6
Post-employment benefits	$ 669	$ 1,042	$ 1,055

Employee compensation and be113

Employee compensation and benefits - Net assets/liabilities recognised on the balance sheet in respect of defined benefit plans (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	$ 6,600	$ 2,033
Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	47,389	42,515
Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(40,752)	(40,458)
Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(37)	(24)
Pension Plan
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	7,139	2,626
Pension Plan | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	47,265	42,397
Pension Plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(40,089)	(39,747)
Pension Plan | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(37)	(24)
Postretirement Health Coverage
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(539)	(593)
Postretirement Health Coverage | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	124	118
Postretirement Health Coverage | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(663)	(711)
Postretirement Health Coverage | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	0	0
Accrual, Deferred Income, And Other Liabilities
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	(2,152)	(2,681)
Prepayments, Accrued Income, And Other Assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit assets (liabilities)	$ 8,752	$ 4,714

Employee compensation and be114

Employee compensation and benefits - HSBC Holdings (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)employee	Dec. 31, 2016USD ($)employee	Dec. 31, 2015USD ($)employee
Disclosure of defined benefit plans [line items]
Employee compensation and benefits	$ 17,315	$ 18,089	$ 19,900
Average number of employees | employee	244,788	246,933	268,433
HSBC Holdings
Disclosure of defined benefit plans [line items]
Employee compensation and benefits	$ 54	$ 570	$ 908
Average number of employees | employee	55	1,660
Management fee	$ 2,240	$ 406

Employee compensation and be115

Employee compensation and benefits - Net asset/(liability) under defined benefit pension plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	$ (2,033)
Net defined benefit liability (asset)	(6,600)	$ (2,033)
Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(42,515)
Net defined benefit liability (asset)	(47,389)	(42,515)
Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	40,458
Net defined benefit liability (asset)	40,752	40,458
Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	24
Net defined benefit liability (asset)	37	24
Pension Plan
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(2,626)
Net defined benefit liability (asset)	(7,139)	(2,626)
Pension Plan | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(42,397)
Net defined benefit liability (asset)	(47,265)	(42,397)
Pension Plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	39,747
Net defined benefit liability (asset)	40,089	39,747
Pension Plan | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	24
Net defined benefit liability (asset)	37	24
Pension Plan | Principal plan
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	4,163	4,995
Current service cost	(65)	(70)
Past service cost and gains/(losses) from settlements	(231)	0
Service cost	(296)	(70)
Net interest income/(cost) on the net defined benefit asset/(liability)	114	171
Re-measurement effects recognised in other comprehensive income	3,140	(437)
– return on plan assets (excluding interest income)	1,410	6,449
– actuarial gains/(losses)	954	(7,029)
– other changes	776	143
Exchange differences	569	(843)
Contributions by HSBC	449	347
Contributions by employees	0	0
Benefits paid	0	0
Administrative costs and taxes paid by plan	0	0
Net defined benefit liability (asset)	8,139	4,163
Pension Plan | Principal plan | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	33,442	32,670
Current service cost	0	0
Past service cost and gains/(losses) from settlements	0	0
Service cost	0	0
Net interest income/(cost) on the net defined benefit asset/(liability)	864	1,085
Re-measurement effects recognised in other comprehensive income	1,410	6,449
– return on plan assets (excluding interest income)	1,410	6,449
– actuarial gains/(losses)	0	0
– other changes	0	0
Exchange differences	3,292	(6,097)
Contributions by HSBC	449	347
Contributions by employees	0	0
Benefits paid	(1,143)	(970)
Administrative costs and taxes paid by plan	(49)	(42)
Net defined benefit liability (asset)	38,265	33,442
Pension Plan | Principal plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(29,279)	(27,675)
Current service cost	(65)	(70)
Past service cost and gains/(losses) from settlements	(231)	0
Service cost	(296)	(70)
Net interest income/(cost) on the net defined benefit asset/(liability)	(750)	(914)
Re-measurement effects recognised in other comprehensive income	1,730	(6,886)
– return on plan assets (excluding interest income)	0	0
– actuarial gains/(losses)	954	(7,029)
– other changes	776	143
Exchange differences	(2,723)	5,254
Contributions by HSBC	0	0
Contributions by employees	0	0
Benefits paid	1,143	970
Administrative costs and taxes paid by plan	49	42
Net defined benefit liability (asset)	(30,126)	(29,279)
Pension Plan | Principal plan | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	0	0
Current service cost	0	0
Past service cost and gains/(losses) from settlements	0	0
Service cost	0	0
Net interest income/(cost) on the net defined benefit asset/(liability)	0	0
Re-measurement effects recognised in other comprehensive income	0	0
– return on plan assets (excluding interest income)	0	0
– actuarial gains/(losses)	0	0
– other changes	0	0
Exchange differences	0	0
Contributions by HSBC	0	0
Contributions by employees	0	0
Benefits paid	0	0
Administrative costs and taxes paid by plan	0	0
Net defined benefit liability (asset)	0	0
Pension Plan | Other plans
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(1,537)	(1,911)
Current service cost	(160)	(235)
Past service cost and gains/(losses) from settlements	218	(40)
Service cost	58	(275)
Net interest income/(cost) on the net defined benefit asset/(liability)	(29)	(44)
Re-measurement effects recognised in other comprehensive income	289	364
– return on plan assets (excluding interest income)	784	671
– actuarial gains/(losses)	(500)	(160)
– other changes	5	(147)
Exchange differences	(70)	(125)
Contributions by HSBC	236	379
Contributions by employees	0	0
Benefits paid	53	75
Administrative costs and taxes paid by plan	0	0
Net defined benefit liability (asset)	(1,000)	(1,537)
Pension Plan | Other plans | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	8,955	8,754
Current service cost	0	0
Past service cost and gains/(losses) from settlements	(833)	(1)
Service cost	(833)	(1)
Net interest income/(cost) on the net defined benefit asset/(liability)	272	294
Re-measurement effects recognised in other comprehensive income	784	671
– return on plan assets (excluding interest income)	784	671
– actuarial gains/(losses)	0	0
– other changes	0	0
Exchange differences	239	(534)
Contributions by HSBC	236	379
Contributions by employees	27	30
Benefits paid	(663)	(623)
Administrative costs and taxes paid by plan	(17)	(15)
Net defined benefit liability (asset)	9,000	8,955
Pension Plan | Other plans | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(10,468)	(10,651)
Current service cost	(160)	(235)
Past service cost and gains/(losses) from settlements	1,051	(39)
Service cost	891	(274)
Net interest income/(cost) on the net defined benefit asset/(liability)	(300)	(337)
Re-measurement effects recognised in other comprehensive income	(486)	(299)
– return on plan assets (excluding interest income)	0	0
– actuarial gains/(losses)	(491)	(152)
– other changes	5	(147)
Exchange differences	(306)	410
Contributions by HSBC	0	0
Contributions by employees	(27)	(30)
Benefits paid	716	698
Administrative costs and taxes paid by plan	17	15
Net defined benefit liability (asset)	(9,963)	(10,468)
Pension Plan | Other plans | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(24)	(14)
Current service cost	0	0
Past service cost and gains/(losses) from settlements	0	0
Service cost	0	0
Net interest income/(cost) on the net defined benefit asset/(liability)	(1)	(1)
Re-measurement effects recognised in other comprehensive income	(9)	(8)
– return on plan assets (excluding interest income)	0	0
– actuarial gains/(losses)	(9)	(8)
– other changes	0	0
Exchange differences	(3)	(1)
Contributions by HSBC	0	0
Contributions by employees	0	0
Benefits paid	0	0
Administrative costs and taxes paid by plan	0	0
Net defined benefit liability (asset)	(37)	(24)
Pension Plan | Normal | Principal plan
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	58	64
Pension Plan | Normal | Principal plan | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	58	64
Pension Plan | Normal | Principal plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Normal | Principal plan | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Normal | Other plans
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	215	207
Pension Plan | Normal | Other plans | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	215	207
Pension Plan | Normal | Other plans | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Normal | Other plans | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Special | Principal plan
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	391	283
Pension Plan | Special | Principal plan | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	391	283
Pension Plan | Special | Principal plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Special | Principal plan | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Special | Other plans
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	21	172
Pension Plan | Special | Other plans | Fair value of plan assets
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	21	172
Pension Plan | Special | Other plans | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Special | Other plans | Effect of limit on plan surpluses
Disclosure of net defined benefit liability (asset) [line items]
Contributions by HSBC	0	0
Pension Plan | Actives | Principal plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(7,066)
Net defined benefit liability (asset)	(5,837)	(7,066)
Pension Plan | Actives | Other plans | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(5,066)
Net defined benefit liability (asset)	(5,084)	(5,066)
Pension Plan | Deferreds | Principal plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(9,219)
Net defined benefit liability (asset)	(8,745)	(9,219)
Pension Plan | Deferreds | Other plans | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(2,306)
Net defined benefit liability (asset)	(1,663)	(2,306)
Pension Plan | Pensioners | Principal plan | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(12,994)
Net defined benefit liability (asset)	(15,544)	(12,994)
Pension Plan | Pensioners | Other plans | Present value of defined benefit obligations
Disclosure of net defined benefit liability (asset) [line items]
Net defined benefit liability (asset)	(3,096)
Net defined benefit liability (asset)	$ (3,216)	$ (3,096)

Employee compensation and be116

Employee compensation and benefits - Benefits expected to be paid from plans (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)year	Dec. 31, 2016year
Employee Compensation And Benefits [Abstract]
Estimate of contributions expected to be paid to plan for next annual reporting period	$ 278
Pension Plan | Principal plan
Disclosure of defined benefit plans [line items]
Weighted average duration of defined benefit obligation | year	17.4	19
Pension Plan | Principal plan | 2018
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	$ 1,241
Pension Plan | Principal plan | 2019
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	1,279
Pension Plan | Principal plan | 2020
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	1,320
Pension Plan | Principal plan | 2021
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	1,360
Pension Plan | Principal plan | 2022
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	1,402
Pension Plan | Principal plan | 2023-2027
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	$ 7,692
Pension Plan | Other plans
Disclosure of defined benefit plans [line items]
Weighted average duration of defined benefit obligation | year	12.9	13.9
Pension Plan | Other plans | 2018
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	$ 443
Pension Plan | Other plans | 2019
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	508
Pension Plan | Other plans | 2020
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	511
Pension Plan | Other plans | 2021
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	527
Pension Plan | Other plans | 2022
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	520
Pension Plan | Other plans | 2023-2027
Disclosure of defined benefit plans [line items]
Benefits expected to be paid from plans	$ 2,307

Employee compensation and be117

Employee compensation and benefits - Fair value of plan assets by asset classes (Details) - Pension Plan $ in Millions, £ in Billions	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2014GBP (£)
Principal plan
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	$ 38,265	$ 33,442	$ 30,300	£ 24.6
– equities	6,131	5,386
– bonds	26,591	23,426
– derivatives	2,398	2,107
– other	3,145	2,523
Principal plan | HSBC Bank plc
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	1,006	878
– equities	0	0
– bonds	0	0
– derivatives	1,006	878
– other	0	0
Other plans
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	9,000	8,955
– equities	2,005	2,255
– bonds	5,871	5,811
– derivatives	0	(89)
– other	1,124	978
Other plans | HSBC Bank plc
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	114	239
– equities	0	0
– bonds	7	5
– derivatives	0	(85)
– other	107	319
Level 1 | Principal plan
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	33,624	29,379
– equities	5,503	4,722
– bonds	26,591	23,426
– derivatives	0	0
– other	1,530	1,231
Level 1 | Other plans
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	7,737	7,631
– equities	1,340	1,502
– bonds	5,714	5,592
– derivatives	39	44
– other	644	493
Level 3 of fair value hierarchy | Principal plan
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	4,641	4,063
– equities	628	664
– bonds	0	0
– derivatives	2,398	2,107
– other	1,615	1,292
Level 3 of fair value hierarchy | Other plans
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	1,263	1,324
– equities	665	753
– bonds	157	219
– derivatives	(39)	(133)
– other	$ 480	$ 485

Employee compensation and be118

Employee compensation and benefits - Key actuarial assumptions for the principal plan (Details) - Pension Plan - Principal plan	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of defined benefit plans [line items]
Discount rate	2.60%	2.50%	3.70%
Inflation rate	3.40%	3.50%	3.20%
Rate of increase for pensions	3.10%	3.20%	3.00%
Rate of pay increase	3.88%	4.00%	3.70%

Employee compensation and be119

Employee compensation and benefits - Mortality tables and average life expectancy at age 65 for the principal plan (Details) - Pension Plan - Principal plan - year	Dec. 31, 2017	Dec. 31, 2016
Aged 65, Male
Disclosure of defined benefit plans [line items]
Life expectancy at age 65	22.2	22.4
Aged 45, Male
Disclosure of defined benefit plans [line items]
Life expectancy at age 65	23.6	24.1
Aged 65, Female
Disclosure of defined benefit plans [line items]
Life expectancy at age 65	24.4	24.7
Aged 45, Female
Disclosure of defined benefit plans [line items]
Life expectancy at age 65	25.9	26.6

Employee compensation and be120

Employee compensation and benefits - The effect of changes in key assumptions on the principal plan (Details) - Pension Plan - Principal plan - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Discount rate
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Financial impact of increase	$ (1,246)	$ (1,322)
Financial impact of decrease	$ 1,333	$ 1,419
Percentage of reasonably possible increase in actuarial assumption	0.25%	0.25%
Percentage of reasonably possible decrease in actuarial assumption	0.25%	0.25%
Inflation rate
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Financial impact of increase	$ 850	$ 735
Financial impact of decrease	$ (837)	$ (1,048)
Percentage of reasonably possible increase in actuarial assumption	0.25%	0.25%
Percentage of reasonably possible decrease in actuarial assumption	0.25%	0.25%
Pension payments and deferred pensions
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Financial impact of increase	$ 1,077	$ 1,305
Financial impact of decrease	$ (1,021)	$ (1,255)
Percentage of reasonably possible increase in actuarial assumption	0.25%	0.25%
Percentage of reasonably possible decrease in actuarial assumption	0.25%	0.25%
Pay
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Financial impact of increase	$ 62	$ 143
Financial impact of decrease	$ (61)	$ (139)
Percentage of reasonably possible increase in actuarial assumption	0.25%	0.25%
Percentage of reasonably possible decrease in actuarial assumption	0.25%	0.25%
Change in mortality
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Financial impact of increase	$ 1,332	$ 1,326
Duration of reasonably possible increase in actuarial assumption	1 year	1 year

Auditors' remuneration - Summar

Auditors' remuneration - Summary of auditors' remuneration (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Additional information [abstract]
Audit fees payable to PwC	$ 84.8	$ 65.7	$ 62
Other audit fees payable	1.2	1.6	1.2
Year ended 31 Dec	$ 86	$ 67.3	$ 63.2

Auditors' remuneration - Fees p

Auditors' remuneration - Fees payable by HSBC to PwC (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Additional information [abstract]
Fees for HSBC Holdings’ statutory audit	$ 15.1	$ 14	$ 13.1
Fees for other services provided to HSBC	114.6	97.1	85.1
– audit of HSBC’s subsidiaries	69.7	51.7	48.9
– audit-related assurance services	22.5	20.6	16.6
– taxation compliance services	1.2	1.9	1
– taxation advisory services	0	0.4	0.9
– other assurance services	3.9	4.5	2.8
– other non-audit services	17.3	18	14.9
Year ended 31 Dec	$ 129.7	$ 111.1	$ 98.2

Auditors' remuneration - Fee123

Auditors' remuneration - Fees payable by HSBC's associated pension schemes to PwC (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of defined benefit plans [line items]
Audit of HSBC’s associated pension schemes	$ 86,000	$ 67,300	$ 63,200
Audit related assurance services	22,500	20,600	16,600
Year ended 31 Dec	129,700	111,100	98,200
Pension Plan
Disclosure of defined benefit plans [line items]
Audit of HSBC’s associated pension schemes	260	208	352
Audit related assurance services	4	4	5
Year ended 31 Dec	264	212	357
Final fee adjustment related to prior year audit overruns		4,200
Estimated fees paid by associated third parties	$ 3,500	$ 4,300	$ 2,400

Tax - Tax expense (Details)

Tax - Tax expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Abstract]
Current tax	$ 4,264	$ 3,669	$ 3,797
– for this year	4,115	3,525	3,882
– adjustments in respect of prior years	149	144	(85)
Deferred tax	1,024	(3)	(26)
– origination and reversal of temporary differences	(228)	(111)	(153)
– effect of changes in tax rates	1,337	(4)	110
– adjustments in respect of prior years	(85)	112	17
Total tax expense	5,288	3,666	3,771
Summary Of Income Taxes [Line Items]
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	$ 3,305	$ 1,422	$ 3,821
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	19.25%	20.00%	20.25%
Hong Kong
Summary Of Income Taxes [Line Items]
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	$ 1,350	$ 1,118	$ 1,294
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	16.50%	16.50%	16.50%

Tax - Tax reconciliation (Detai

Tax - Tax reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	3,305	1,422	3,821
Impact of differently taxed overseas profits in overseas locations	407	43	71
– deferred tax remeasurement due to US federal tax rate reduction	1,288
– local taxes and overseas withholding taxes	618	434	416
– other permanent disallowables	400	438	421
– bank levy	180	170	286
– non-deductible UK customer compensation	166	162	87
– UK banking surcharge	136	199	0
– UK tax losses not recognised	70	305	0
– adjustments in respect of prior period liabilities	64	256	(68)
– change in tax rates	49	(4)	110
– non-UK tax losses not recognised	33	147	0
– non-deductible goodwill write-down	0	648	0
– non-deductible loss and taxes suffered on Brazil disposal	0	464	0
– non-taxable income and gains	(766)	(577)	(501)
– effect of profits in associates and joint ventures	(481)	(461)	(508)
– non-deductible regulatory settlements	(132)	20	184
– other deferred tax temporary differences previously not recognised	(49)	0	(21)
– non-taxable income and gains - Industrial Bank	0	0	(227)
– US deferred tax temporary differences previously not recognised	0	0	(184)
– other items	0	0	(116)
Total tax expense	$ 5,288	$ 3,666	$ 3,771
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	19.25%	20.00%	20.25%
Impact of differently taxed overseas profits in overseas locations	2.30%	0.60%	0.40%
– deferred tax remeasurement due to US federal tax rate reduction	7.50%
– local taxes and overseas withholding taxes	3.60%	6.10%	2.20%
– other permanent disallowables	2.30%	6.20%	2.20%
– bank levy	1.00%	2.40%	1.50%
– non-deductible UK customer compensation	1.00%	2.30%	0.50%
– UK banking surcharge	0.80%	2.80%	0.00%
– UK tax losses not recognised	0.40%	4.30%	0.00%
– adjustments in respect of prior period liabilities	0.40%	3.60%	(0.40%)
– change in tax rates	0.30%	(0.10%)	0.60%
– non-UK tax losses not recognised	0.20%	2.10%	0.00%
– non-deductible goodwill write-down	0.00%	9.10%	0.00%
– non-deductible loss and taxes suffered on Brazil disposal	0.00%	6.50%	0.00%
– non-taxable income and gains	(4.40%)	(8.10%)	(2.70%)
– effect of profits in associates and joint ventures	(2.80%)	(6.50%)	(2.70%)
– non-deductible regulatory settlements	(0.80%)	0.30%	1.00%
– other deferred tax temporary differences previously not recognised	(0.30%)	(0.00%)	(0.10%)
– non-taxable income and gains - Industrial Bank	(0.00%)	(0.00%)	(1.20%)
– US deferred tax temporary differences previously not recognised	(0.00%)	(0.00%)	(1.00%)
– other items	0.00%	0.00%	(0.60%)
Average effective tax rate	30.80%	51.60%	20.00%

Tax - Tax reconciliation commen

Tax - Tax reconciliation commentary (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Summary Of Income Taxes [Line Items]
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	19.25%	20.00%	20.25%
Average effective tax rate	30.80%	51.60%	20.00%
Deferred tax remeasurement due to US federal tax rate reduction	$ 1,288
Pro Forma
Summary Of Income Taxes [Line Items]
Average effective tax rate	21.15%	20.60%
Hong Kong
Summary Of Income Taxes [Line Items]
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	16.50%	16.50%	16.50%
United States
Summary Of Income Taxes [Line Items]
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	35.00%

Tax - Movement of deferred tax

Tax - Movement of deferred tax assets and liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of changes in deferred tax liability (asset) [abstract]
Assets	$ 7,353	$ 6,460
Liabilities	(2,813)	(2,169)
Deferred tax asset (liability)	4,540	4,291
Income statement	(1,024)	(192)
Other comprehensive income	(890)	287
Equity	29	20
Foreign exchange and other adjustments	39	134
Deferred tax asset (liability)	2,694	4,540
Assets	6,324	7,353
Liabilities	(3,630)	(2,813)
Deferred tax assets	4,676	6,163
Deferred tax liabilities	1,982	1,623
Loan impairment provisions
Reconciliation of changes in deferred tax liability (asset) [abstract]
Assets	950	1,351
Deferred tax asset (liability)	950	1,351
Income statement	(235)	(279)
Other comprehensive income	3
Foreign exchange and other adjustments	(5)	(122)
Deferred tax asset (liability)	713	950
Assets	713	950
Unused tax losses and tax credits
Reconciliation of changes in deferred tax liability (asset) [abstract]
Assets	2,212	1,388
Deferred tax asset (liability)	2,212	1,388
Income statement	(873)	876
Other comprehensive income	(6)
Foreign exchange and other adjustments	40	(52)
Deferred tax asset (liability)	1,373	2,212
Assets	1,373	2,212
Derivatives, FVOD and other investments
Reconciliation of changes in deferred tax liability (asset) [abstract]
Assets	1,441	1,400
Liabilities	(274)	(230)
Deferred tax asset (liability)	1,167	1,170
Income statement	(397)	18
Other comprehensive income	368	28
Foreign exchange and other adjustments	51	(49)
Deferred tax asset (liability)	1,189	1,167
Assets	1,282	1,441
Liabilities	(93)	(274)
Insurance business
Reconciliation of changes in deferred tax liability (asset) [abstract]
Liabilities	(1,170)	(1,056)
Deferred tax asset (liability)	(1,170)	(1,056)
Income statement	12	(123)
Foreign exchange and other adjustments	(24)	9
Deferred tax asset (liability)	(1,182)	(1,170)
Liabilities	(1,182)	(1,170)
Expense provisions
Reconciliation of changes in deferred tax liability (asset) [abstract]
Assets	893	1,271
Deferred tax asset (liability)	893	1,271
Income statement	(269)	(370)
Other comprehensive income		0
Foreign exchange and other adjustments	19	(8)
Deferred tax asset (liability)	643	893
Assets	643	893
Other
Reconciliation of changes in deferred tax liability (asset) [abstract]
Assets	1,857	1,050
Liabilities	(1,369)	(883)
Deferred tax asset (liability)	488	167
Income statement	738	(314)
Other comprehensive income	(1,255)	259
Equity	29	20
Foreign exchange and other adjustments	(42)	356
Deferred tax asset (liability)	(42)	488
Assets	2,313	1,857
Liabilities	$ (2,355)	$ (1,369)

Tax - Movement of deferred t128

Tax - Movement of deferred tax assets and liabilities commentary (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax asset (liability)	$ 2,694	$ 4,540	$ 4,291
Period for majority recovery of deferred tax assets (liabilities)	5 years
Management's approved financial forecast period	5 years
Deferred tax remeasurement due to US federal tax rate reduction	$ 1,288
Tax effect to other comprehensive income of deferred tax remeasurement due to foreign tax rate change	$ 300
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	19.25%	20.00%	20.25%
Gross temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognised	$ 18,100	$ 18,200
Unused tax losses for which no deferred tax asset recognised	12,300
Temporary differences relcated to unrecognised deferred tax liabilities arising on investments in subsidiaries and branches	12,100	10,600
Temporary Differences From Investments In Subsidiaries And Branches [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax asset (liability)	(800)	(700)
United States
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax asset (liability)	$ 3,200	4,800
Taxation at UK corporation tax rate of 19.25% (2016: 20.0%; 2015: 20.25%)	35.00%
United States | Unused tax losses
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax asset (liability)	$ 1,000
Top of range
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Period for substantial recovery of deferred tax assets (liabilities)	7 years
Top of range | United States | Unused tax losses
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax asset and liability expiration period	16 years
Bottom of range
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Period for substantial recovery of deferred tax assets (liabilities)	6 years
Bottom of range | United States | Unused tax losses
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax asset and liability expiration period	19 years
Not subject to expiration
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognised	$ 4,800	4,900
Expiration Within 10 Years
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognised	$ 800	$ 1,000

Dividends - Dividends to share

Dividends - Dividends to shareholders of the parent company (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Dividends Payable [Line Items]
Dividends paid on ordinary shares per share (in usd per share)	$ 0.51	$ 0.51	$ 0.50
Dividends paid on ordinary shares	$ 10,193	$ 10,099	$ 9,710
Dividends on preference shares classified as equity (in dollars per share)	$ 62	$ 62	$ 62
Dividends on preference shares classified as equity	$ 90	$ 90	$ 90
Settled in scrip	$ 3,206	$ 3,040	$ 3,162
Fourth interim dividend
Dividends Payable [Line Items]
Dividends paid on ordinary shares per share (in usd per share)	$ 0.21	$ 0.21	$ 0.20
Dividends paid on ordinary shares	$ 4,169	$ 4,137	$ 3,845
Settled in scrip	$ 1,945	$ 408	$ 2,011
First interim dividend
Dividends Payable [Line Items]
Dividends paid on ordinary shares per share (in usd per share)	$ 0.10	$ 0.10	$ 0.10
Dividends paid on ordinary shares	$ 2,005	$ 1,981	$ 1,951
Settled in scrip	$ 826	$ 703	$ 231
Second interim dividend
Dividends Payable [Line Items]
Dividends paid on ordinary shares per share (in usd per share)	$ 0.10	$ 0.10	$ 0.10
Dividends paid on ordinary shares	$ 2,014	$ 1,991	$ 1,956
Settled in scrip	$ 193	$ 994	$ 160
Third interim dividend
Dividends Payable [Line Items]
Dividends paid on ordinary shares per share (in usd per share)	$ 0.10	$ 0.10	$ 0.10
Dividends paid on ordinary shares	$ 2,005	$ 1,990	$ 1,958
Settled in scrip	$ 242	$ 935	$ 760

Dividends - Total coupons on ca

Dividends - Total coupons on capital securities classified as equity (Details)	12 Months Ended
	Dec. 31, 2017USD ($)$ / shares	Dec. 31, 2017USD ($)SGD / shares	Dec. 31, 2017USD ($)€ / shares	Dec. 31, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2017EUR (€)	Dec. 31, 2017SGD
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 62			$ 62	$ 62
Dividends on other equity instruments	$ 90,000,000			$ 90,000,000	$ 90,000,000
8.125% Perpetual Subordinated Capital Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,200,000,000	$ 2,200,000,000	$ 2,200,000,000
Other equity instruments interest rate	8.125%	8.125%	8.125%			8.125%	8.125%
8.000% Perpetual Subordinated Capital Securities, Series 2
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,800,000,000	$ 3,800,000,000	$ 3,800,000,000
Other equity instruments interest rate	8.00%	8.00%	8.00%			8.00%	8.00%
$1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 1,500,000,000	$ 1,500,000,000	$ 1,500,000,000
Other equity instruments interest rate	5.625%	5.625%	5.625%			5.625%	5.625%
$2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,000,000,000	$ 2,000,000,000	$ 2,000,000,000
Other equity instruments interest rate	6.875%	6.875%	6.875%			6.875%	6.875%
$2,250m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,250,000,000	$ 2,250,000,000	$ 2,250,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%			6.375%	6.375%
$2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,450,000,000	$ 2,450,000,000	$ 2,450,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%			6.375%	6.375%
$3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,000,000,000	$ 3,000,000,000	$ 3,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%			6.00%	6.00%
EUR 1,500m 5.250% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €						€ 1,500,000,000
Other equity instruments interest rate	5.25%	5.25%	5.25%			5.25%	5.25%
EUR 1,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €						€ 1,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%			6.00%	6.00%
SGD 1000m 4.750% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | SGD							SGD 1,000,000,000
Other equity instruments interest rate	4.70%	4.70%	4.70%			4.70%	4.70%
Other equity interest
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments	$ 1,268,000,000			1,090,000,000	860,000,000
Other equity interest | 8.125% Perpetual Subordinated Capital Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 2.032
Dividends on other equity instruments	$ 179,000,000			179,000,000	179,000,000
Other equity interest | 8.000% Perpetual Subordinated Capital Securities, Series 2
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 2
Dividends on other equity instruments	$ 304,000,000			304,000,000	304,000,000
Other equity interest | $1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 56.250
Dividends on other equity instruments	$ 84,000,000			84,000,000	70,000,000
Other equity interest | $2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 68.750
Dividends on other equity instruments	$ 138,000,000			69,000,000	0
Other equity interest | $2,250m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 63.750
Dividends on other equity instruments	$ 143,000,000			143,000,000	143,000,000
Other equity interest | $2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 63.750
Dividends on other equity instruments	$ 156,000,000			156,000,000	78,000,000
Other equity interest | $3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | $ / shares	$ 60
Dividends on other equity instruments	$ 90,000,000			0	0
Other equity interest | EUR 1,500m 5.250% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | € / shares			$ 52.500
Dividends on other equity instruments	89,000,000			88,000,000	86,000,000
Other equity interest | EUR 1,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | € / shares			$ 60
Dividends on other equity instruments	68,000,000			67,000,000	0
Other equity interest | SGD 1000m 4.750% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Dividends on other equity instruments (in dollars per share) | SGD / shares		$ 47
Dividends on other equity instruments	17,000,000			$ 0	$ 0
Capital Securities Classified As Equity
Disclosure Of Other Equity [Line Items]
Discretionary coupons denominations per security	25	$ 25	$ 25
Capital Securities Classified As Equity | 8.125% Perpetual Subordinated Capital Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,200,000,000	$ 2,200,000,000	$ 2,200,000,000
Other equity instruments interest rate	8.125%	8.125%	8.125%			8.125%	8.125%
Capital Securities Classified As Equity | 8.000% Perpetual Subordinated Capital Securities, Series 2
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,800,000,000	$ 3,800,000,000	$ 3,800,000,000
Other equity instruments interest rate	8.00%	8.00%	8.00%			8.00%	8.00%
Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Discretionary coupons denominations per security	$ 1,000	$ 1,000	$ 1,000
Contingent Convertible Securities | $1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 1,500,000,000	$ 1,500,000,000	$ 1,500,000,000
Other equity instruments interest rate	5.625%	5.625%	5.625%			5.625%	5.625%
Contingent Convertible Securities | $2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,000,000,000	$ 2,000,000,000	$ 2,000,000,000
Other equity instruments interest rate	6.875%	6.875%	6.875%			6.875%	6.875%
Contingent Convertible Securities | $2,250m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,250,000,000	$ 2,250,000,000	$ 2,250,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%			6.375%	6.375%
Contingent Convertible Securities | $2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,450,000,000	$ 2,450,000,000	$ 2,450,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%			6.375%	6.375%
Contingent Convertible Securities | $3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,000,000,000	$ 3,000,000,000	$ 3,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%			6.00%	6.00%
Contingent Convertible Securities | EUR 1,500m 5.250% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €						€ 1,500,000,000
Other equity instruments interest rate	5.25%	5.25%	5.25%			5.25%	5.25%
Contingent Convertible Securities | EUR 1,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €						€ 1,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%			6.00%	6.00%

Dividends - Total coupons on131

Dividends - Total coupons on capital securities classified as equity (commentary) (Details)	Jan. 17, 2018USD ($)$ / shares	Jan. 04, 2018USD ($)	Jan. 04, 2018EUR (€)	Dec. 31, 2017USD ($)$ / shares	Dec. 31, 2017EUR (€)
Disclosure of classes of share capital [line items]
Dividends declared before financial statements authorised for issue, per share(in dollars per share) | $ / shares				$ 0.21
Dividends declared before financial statements authorized for issue				$ 4,199,000,000
Dividend payables				0
EUR 1,250m Subordinated Capital Securities
Disclosure of classes of share capital [line items]
Notional amount | €					€ 1,250,000,000
EUR 1,250m Subordinated Capital Securities | Major ordinary share transactions
Disclosure of classes of share capital [line items]
Dividends declared before financial statements authorized for issue		$ 36,300,000	€ 30,000,000
8.125% Perpetual Subordinated Capital Securities
Disclosure of classes of share capital [line items]
Notional amount				$ 2,200,000,000
Other equity instruments interest rate				8.125%	8.125%
8.125% Perpetual Subordinated Capital Securities | Major ordinary share transactions
Disclosure of classes of share capital [line items]
Dividends declared before financial statements authorised for issue, per share(in dollars per share) | $ / shares	$ 0.508
Dividends declared before financial statements authorized for issue	$ 45,000,000
$1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities
Disclosure of classes of share capital [line items]
Notional amount				$ 1,500,000,000
Other equity instruments interest rate				5.625%	5.625%
$1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities | Major ordinary share transactions
Disclosure of classes of share capital [line items]
Dividends declared before financial statements authorised for issue, per share(in dollars per share) | $ / shares	$ 28.125
Dividends declared before financial statements authorized for issue	$ 42,000,000
Ordinary shares
Disclosure of classes of share capital [line items]
Dividends declared before financial statements authorised for issue, per share(in dollars per share) | $ / shares				$ 0.21
Dividends declared before financial statements authorized for issue				$ 4,199,000,000

Earnings per share - Profit Att

Earnings per share - Profit Attributable to Ordianry Shareholders (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings per share [abstract]
Profit attributable to shareholders of the parent company	$ 10,798	$ 2,479	$ 13,522
Dividend payable on preference shares classified as equity	(90)	(90)	(90)
Coupon payable on capital securities classified as equity	(1,025)	(1,090)	(860)
Profit (loss), attributable to ordinary equity holders of parent entity	$ 9,683	$ 1,299	$ 12,572

Earnings per share - Basic and

Earnings per share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings per share [abstract]
– ordinary shareholders of the parent company	$ 9,683	$ 1,299	$ 12,572
Weighted average number of ordinary shares outstanding (in shares)	19,972	19,753	19,380
Effect of dilutive potential ordinary shares (in shares)	100	92	137
Adjusted weighted average number of ordinary shares outstanding (in shares)	20,072	19,845	19,517
Basic earnings per share (in dollars per share)	$ 0.48	$ 0.07	$ 0.65
Diluted earnings per share (in dollars per share)	$ 0.48	$ 0.07	$ 0.64
Antidilutive securities (in shares)		10	7

Trading assets - Summary of tr

Trading assets - Summary of trading assets (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Trading assets
Disclosure of financial assets [line items]
Financial assets	287,995	235,125
Trading securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	224,278	172,109
Treasury and other eligible bills | Trading assets
Disclosure of financial assets [line items]
Financial assets	17,532	14,451
Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Debt securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	107,486	94,054
Equity securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	99,260	63,604
Loans and advances to banks
Disclosure of financial assets [line items]
Financial assets	90,393	88,126
Loans and advances to banks | Trading assets
Disclosure of financial assets [line items]
Financial assets	26,057	24,769
Loans and advances to customers
Disclosure of financial assets [line items]
Financial assets	962,964	861,504
Loans and advances to customers | Trading assets
Disclosure of financial assets [line items]
Financial assets	$ 37,660	$ 38,247

Trading assets - Trading securi

Trading assets - Trading securities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Trading assets
Disclosure of financial assets [line items]
Financial assets	287,995	235,125
Trading securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	224,278	172,109
US Treasury and US Government agencies | Trading assets
Disclosure of financial assets [line items]
Financial assets	15,995	17,010
UK Government | Trading assets
Disclosure of financial assets [line items]
Financial assets	9,540	9,493
Hong Kong Government | Trading assets
Disclosure of financial assets [line items]
Financial assets	10,070	7,970
Other governments | Trading assets
Disclosure of financial assets [line items]
Financial assets	58,858	49,229
Asset-backed securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	2,986	2,668
Corporate debt and other securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	27,569	22,135
Equity securities | Trading assets
Disclosure of financial assets [line items]
Financial assets	99,260	63,604
Debt securities issued by banks and other financial institutions | Trading assets
Disclosure of financial assets [line items]
Financial assets	18,585	14,630
Debt securities issued by banks and other financial institutions, guaranteed by governments | Trading assets
Disclosure of financial assets [line items]
Financial assets	$ 906	$ 789

Fair values of financial ins136

Fair values of financial instruments carried at fair value - Financial instruments carried at fair value and bases of valuation (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities	2,220,739	2,099,449
Trading liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	184,361	153,691
Financial liabilities designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	94,429	86,832
Trading assets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	287,995	235,125
Financial assets designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	29,464	24,756
Derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	219,818	290,872
Financial investments: available for sale
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	336,157	389,874
Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	12,388	13,447
Financial liabilities	6,144	5,919
Recurring fair value measurement | Trading liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	184,361	153,691
Recurring fair value measurement | Trading liabilities | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	62,710	45,171
Recurring fair value measurement | Trading liabilities | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	117,451	104,938
Recurring fair value measurement | Trading liabilities | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,200	3,582	$ 4,285
Recurring fair value measurement | Derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	216,821	279,819
Recurring fair value measurement | Derivatives | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,635	1,554
Recurring fair value measurement | Derivatives | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	213,242	275,965
Recurring fair value measurement | Derivatives | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,944	2,300	1,210
Recurring fair value measurement | Financial liabilities designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	94,429	86,832
Recurring fair value measurement | Financial liabilities designated at fair value | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,164	4,248
Recurring fair value measurement | Financial liabilities designated at fair value | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	90,265	82,547
Recurring fair value measurement | Financial liabilities designated at fair value | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	37	3
Recurring fair value measurement | Trading assets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	287,995	235,125
Recurring fair value measurement | Trading assets | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	181,168	133,744
Recurring fair value measurement | Trading assets | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	101,775	94,892
Recurring fair value measurement | Trading assets | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	5,052	6,489	6,856
Recurring fair value measurement | Financial assets designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	29,464	24,756
Recurring fair value measurement | Financial assets designated at fair value | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	24,622	19,882
Recurring fair value measurement | Financial assets designated at fair value | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,382	4,144
Recurring fair value measurement | Financial assets designated at fair value | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,460	730	474
Recurring fair value measurement | Derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	219,818	290,872
Recurring fair value measurement | Derivatives | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,017	1,076
Recurring fair value measurement | Derivatives | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	216,357	287,044
Recurring fair value measurement | Derivatives | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,444	2,752	2,262
Recurring fair value measurement | Financial investments: available for sale
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	336,067	389,874
Recurring fair value measurement | Financial investments: available for sale | Level 1
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	227,943	274,655
Recurring fair value measurement | Financial investments: available for sale | Level 2
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	104,692	111,743
Recurring fair value measurement | Financial investments: available for sale | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 3,432	$ 3,476	$ 4,727

Fair values of financial ins137

Fair values of financial instruments carried at fair value - Transfers between Level 1 and Level 2 fair values (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Available for sale
Assets
Transfers from Level 1 to Level 2	$ 2,231	$ 162
Transfers from Level 2 to Level 1	11,173	1,314
Trading assets
Assets
Transfers from Level 1 to Level 2	1,507	1,614
Transfers from Level 2 to Level 1	1,384	0
Financial assets designated at fair value
Assets
Transfers from Level 1 to Level 2	0	122
Transfers from Level 2 to Level 1	0	0
Derivatives
Assets
Transfers from Level 1 to Level 2	0	465
Transfers from Level 2 to Level 1	0	0
Trading liabilities
Liabilities
Transfers from Level 1 to Level 2	35	2,699
Transfers from Level 2 to Level 1	683	341
Financial liabilities designated at fair value
Liabilities
Transfers from Level 1 to Level 2	0	0
Transfers from Level 2 to Level 1	0	0
Derivatives
Liabilities
Transfers from Level 1 to Level 2	0	209
Transfers from Level 2 to Level 1	$ 0	$ 0

Fair values of financial ins138

Fair values of financial instruments carried at fair value - Global Banking and Markets fair value adjustments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	$ 1,276	$ 1,244
Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	92	6
Risk-related | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	1,078	1,131
Risk-related | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	79	5
– bid-offer | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	413	416
– bid-offer | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	5	5
– uncertainty | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	91	87
– uncertainty | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	8
– credit valuation adjustment (‘CVA’) | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	420	633
– credit valuation adjustment (‘CVA’) | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	59
– debit valuation adjustment (‘DVA’) | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	(82)	(437)
– funding fair value adjustment (‘FFVA’) | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	233	429
– funding fair value adjustment (‘FFVA’) | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	7
– other | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	3	3
Model-related | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	92	14
Model-related | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	13	1
– model limitation | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	92	14
– model limitation | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	6	1
– other | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	0
– other | Corporate Centre
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	7
Inception profit (Day 1 P&L reserves) | Global Banking and Markets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fair value adjustments	$ 106	$ 99

Fair values of financial ins139

Fair values of financial instruments carried at fair value - Global Banking and Markets fair value adjustments (commentary) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)
Fair Value Measurement [Abstract]
Increase (decrease) in fair value adjustments	$ 118

Fair values of financial ins140

Fair values of financial instruments carried at fair value - Financial instruments measured at fair value using a valuation technique with significant unobservable inputs - Level 3 (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities	2,220,739	2,099,449
Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	12,388	13,447
Financial liabilities	6,144	5,919
Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	20	25
Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,180	3,557
Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,944	2,300
Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	37
Trading liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	184,361	153,691
Trading liabilities | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	184,361	153,691
Trading liabilities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,200	3,582	$ 4,285
Trading liabilities | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	20	25
Trading liabilities | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Trading liabilities | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,180	3,557
Trading liabilities | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Trading liabilities | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Trading liabilities | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Trading liabilities | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	94,429	86,832
Financial liabilities designated at fair value | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	94,429	86,832
Financial liabilities designated at fair value | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	37	3
Financial liabilities designated at fair value | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Financial liabilities designated at fair value | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	37
Derivatives | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	216,821	279,819
Derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,944	2,300	1,210
Derivatives | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Derivatives | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Derivatives | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Derivatives | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Derivatives | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Derivatives | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,944	2,300
Derivatives | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,508	3,196
Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,577	1,550
Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	24	28
Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3	2
Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	113	175
Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,331	2,577
Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,832	5,919
Available for sale
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	336,157	389,874
Available for sale | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	336,067	389,874
Available for sale | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,432	3,476	4,727
Available for sale | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,012	2,435
Available for sale | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,300	761
Available for sale | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Available for sale | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Available for sale | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Available for sale | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Available for sale | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	120	280
Trading assets
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	287,995	235,125
Trading assets | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	287,995	235,125
Trading assets | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	5,052	6,489	6,856
Trading assets | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	38	49
Trading assets | Asset-backed securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,986	2,668
Trading assets | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,277	789
Trading assets | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	24	28
Trading assets | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3	2
Trading assets | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Trading assets | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Trading assets | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,710	5,621
Financial assets designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	29,464	24,756
Financial assets designated at fair value | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	29,464	24,756
Financial assets designated at fair value | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,460	730	474
Financial assets designated at fair value | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,458	712
Financial assets designated at fair value | Asset-backed securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2	20
Financial assets designated at fair value | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Financial assets designated at fair value | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Financial assets designated at fair value | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Financial assets designated at fair value | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Financial assets designated at fair value | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Financial assets designated at fair value | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2	18
Derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	219,818	290,872
Derivatives | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	219,818	290,872
Derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,444	2,752	$ 2,262
Derivatives | Private equity including strategic investments | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Derivatives | Asset-backed securities | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Derivatives | Loans held for securitisation | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Derivatives | Structured notes | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Derivatives | Derivatives with monolines | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	113	175
Derivatives | Other derivatives | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,331	2,577
Derivatives | Other portfolios | Recurring fair value measurement | Level 3
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 0	$ 0

Fair values of financial ins141

Fair values of financial instruments carried at fair value - Movement in Level 3 financial instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	$ 2,293,296
– available-for-sale investments: fair value gains/(losses)	1,227	$ 475	$ (1,231)
– cash flow hedges: fair value gains/(losses)	(1,046)	(297)	704
– exchange differences	8,939	(9,791)	(11,112)
Financial assets	2,433,785	2,293,296
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	2,099,449
Total gains/(losses) recognised in profit or loss	(4,107)	(1,672)
– fair value gains/(losses)	1,227	475	(1,231)
– fair value (losses)/gains	(1,046)	(297)	704
– other exchange differences	8,939	(9,791)	(11,112)
Financial liabilities	2,220,739	2,099,449
Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	13,447
Financial assets	12,388	13,447
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	5,919
Financial liabilities	6,144	5,919
Trading liabilities
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	153,691
Financial liabilities	184,361	153,691
Trading liabilities | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	153,691
Financial liabilities	184,361	153,691
Trading liabilities | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
– available-for-sale investments: fair value gains/(losses)	0	0
– cash flow hedges: fair value gains/(losses)	0	0
– exchange differences	169	(130)
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	3,582	4,285
Total gains/(losses) recognised in profit or loss	154	337
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	169	(130)
– fair value gains/(losses)	0	0
– fair value (losses)/gains	0	0
– other exchange differences	169	(130)
Purchases	5	20
New issuances	1,915	1,882
Sales	(12)	(40)
Settlements	(998)	(1,907)
Transfers out	(678)	(920)
Transfers in	63	55
Financial liabilities	4,200	3,582	4,285
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	(117)	(143)
Financial liabilities designated at fair value
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	86,832
Financial liabilities	94,429	86,832
Financial liabilities designated at fair value | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	86,832
Financial liabilities	94,429	86,832
Financial liabilities designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
– available-for-sale investments: fair value gains/(losses)	0	0
– cash flow hedges: fair value gains/(losses)	0	0
– exchange differences	1	(1)
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	37	3
Total gains/(losses) recognised in profit or loss	(5)	(1)
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	1	(1)
– fair value gains/(losses)	0	0
– fair value (losses)/gains	0	0
– other exchange differences	1	(1)
Purchases	0	6
New issuances	0	0
Sales	0	(2)
Settlements	0	0
Transfers out	(33)	0
Transfers in	0	32
Financial liabilities	0	37	3
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	1
Derivatives | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	279,819
Financial liabilities	216,821	279,819
Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
– available-for-sale investments: fair value gains/(losses)	0	0
– cash flow hedges: fair value gains/(losses)	(35)	12
– exchange differences	155	(252)
Reconciliation of changes in fair value measurement, liabilities [abstract]
Financial liabilities	2,300	1,210
Total gains/(losses) recognised in profit or loss	400	1,428
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	120	(240)
– fair value gains/(losses)	0	0
– fair value (losses)/gains	(35)	12
– other exchange differences	155	(252)
Purchases	23	0
New issuances	0	0
Sales	(12)	0
Settlements	(123)	(239)
Transfers out	(1,030)	(229)
Transfers in	266	370
Financial liabilities	1,944	2,300	1,210
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	(397)	(335)
Available for sale
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	389,874
Financial assets	336,157	389,874
Available for sale | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	389,874
Financial assets	336,067	389,874
Available for sale | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	3,476	4,727
Total gains/(losses) recognised in profit or loss	351	178
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	71	(162)
– available-for-sale investments: fair value gains/(losses)	(30)	123
– cash flow hedges: fair value gains/(losses)	0	0
– exchange differences	101	(285)
Purchases	200	350
New issuances	0	0
Sales	(939)	(1,212)
Settlements	(69)	(177)
Transfers out	(565)	(947)
Transfers in	907	719
Financial assets	3,432	3,476	4,727
Unrealised gains/(losses) recognised in profit or loss relating to assets held	16	87
Reconciliation of changes in fair value measurement, liabilities [abstract]
– fair value gains/(losses)	(30)	123
– fair value (losses)/gains	0	0
– other exchange differences	101	(285)
Trading assets
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	235,125
Financial assets	287,995	235,125
Trading assets | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	235,125
Financial assets	287,995	235,125
Trading assets | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	6,489	6,856
Total gains/(losses) recognised in profit or loss	(188)	31
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	106	(610)
– available-for-sale investments: fair value gains/(losses)	0	0
– cash flow hedges: fair value gains/(losses)	(1)	0
– exchange differences	107	(610)
Purchases	1,503	823
New issuances	0	0
Sales	(3,221)	(1,760)
Settlements	(331)	(311)
Transfers out	(149)	(199)
Transfers in	843	1,659
Financial assets	5,052	6,489	6,856
Unrealised gains/(losses) recognised in profit or loss relating to assets held	(110)	(170)
Reconciliation of changes in fair value measurement, liabilities [abstract]
– fair value gains/(losses)	0	0
– fair value (losses)/gains	(1)	0
– other exchange differences	107	(610)
Financial assets designated at fair value
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	24,756
Financial assets	29,464	24,756
Financial assets designated at fair value | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	24,756
Financial assets	29,464	24,756
Financial assets designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	730	474
Total gains/(losses) recognised in profit or loss	(107)	25
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	7	(8)
– available-for-sale investments: fair value gains/(losses)	0	0
– cash flow hedges: fair value gains/(losses)	3	0
– exchange differences	4	(8)
Purchases	1,127	359
New issuances	0	0
Sales	(130)	(7)
Settlements	(166)	(113)
Transfers out	(3)	(2)
Transfers in	2	2
Financial assets	1,460	730	474
Unrealised gains/(losses) recognised in profit or loss relating to assets held	(146)	21
Reconciliation of changes in fair value measurement, liabilities [abstract]
– fair value gains/(losses)	0	0
– fair value (losses)/gains	3	0
– other exchange differences	4	(8)
Derivatives
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	290,872
Financial assets	219,818	290,872
Derivatives | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	290,872
Financial assets	219,818	290,872
Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Financial assets	2,752	2,262
Total gains/(losses) recognised in profit or loss	152	1,107
Total gains/(losses) recognised in other comprehensive income (‘OCI’)	188	(335)
– available-for-sale investments: fair value gains/(losses)	0	0
– cash flow hedges: fair value gains/(losses)	(23)	0
– exchange differences	211	(335)
Purchases	2	0
New issuances	1	0
Sales	(8)	0
Settlements	(60)	(107)
Transfers out	(885)	(187)
Transfers in	302	12
Financial assets	2,444	2,752	$ 2,262
Unrealised gains/(losses) recognised in profit or loss relating to assets held	218	364
Reconciliation of changes in fair value measurement, liabilities [abstract]
– fair value gains/(losses)	0	0
– fair value (losses)/gains	(23)	0
– other exchange differences	211	(335)
Trading income/(expense) excluding net interest income | Trading liabilities | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	154	337
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	(117)	(143)
Trading income/(expense) excluding net interest income | Financial liabilities designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	0
Trading income/(expense) excluding net interest income | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	400	1,428
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	(397)	(335)
Trading income/(expense) excluding net interest income | Available for sale | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Trading income/(expense) excluding net interest income | Trading assets | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	(188)	31
Unrealised gains/(losses) recognised in profit or loss relating to assets held	(110)	(170)
Trading income/(expense) excluding net interest income | Financial assets designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Trading income/(expense) excluding net interest income | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	152	1,107
Unrealised gains/(losses) recognised in profit or loss relating to assets held	218	364
Net income/(expense) from other financial instruments designated at fair value | Trading liabilities | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	0
Net income/(expense) from other financial instruments designated at fair value | Financial liabilities designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	(5)	(1)
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	1
Net income/(expense) from other financial instruments designated at fair value | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	0
Net income/(expense) from other financial instruments designated at fair value | Available for sale | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Net income/(expense) from other financial instruments designated at fair value | Trading assets | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Net income/(expense) from other financial instruments designated at fair value | Financial assets designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	(107)	25
Unrealised gains/(losses) recognised in profit or loss relating to assets held	(146)	21
Net income/(expense) from other financial instruments designated at fair value | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Gains less losses from financial investments | Trading liabilities | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Gains less losses from financial investments | Financial liabilities designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Gains less losses from financial investments | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Gains less losses from financial investments | Available for sale | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	313	91
Gains less losses from financial investments | Trading assets | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Gains less losses from financial investments | Financial assets designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Gains less losses from financial investments | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Loan impairment charges and other credit risk provisions (‘LICs’) | Trading liabilities | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	0
Loan impairment charges and other credit risk provisions (‘LICs’) | Financial liabilities designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	0
Loan impairment charges and other credit risk provisions (‘LICs’) | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, liabilities [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to liabilities held	0	0
Loan impairment charges and other credit risk provisions (‘LICs’) | Available for sale | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	38	87
Unrealised gains/(losses) recognised in profit or loss relating to assets held	16	87
Loan impairment charges and other credit risk provisions (‘LICs’) | Trading assets | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Loan impairment charges and other credit risk provisions (‘LICs’) | Financial assets designated at fair value | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	0	0
Loan impairment charges and other credit risk provisions (‘LICs’) | Derivatives | Level 3 | Recurring fair value measurement
Reconciliation of changes in fair value measurement, assets [abstract]
Total gains/(losses) recognised in profit or loss	0	0
Unrealised gains/(losses) recognised in profit or loss relating to assets held	$ 0	$ 0

Fair values of financial ins142

Fair values of financial instruments carried at fair value - Sensitivity of Level 3 fair values to reasonably possible alternative assumptions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	$ 514	$ 358
Un- favourable changes reflected in profit or loss	(357)	(251)
Favourable changes recognized in OCI	128	170
Un- favourable changes recognized in OCI	(149)	(149)
Derivatives, trading assets | Derivatives, trading liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	372	238
Un- favourable changes reflected in profit or loss	(253)	(177)
Favourable changes recognized in OCI	0	0
Un- favourable changes recognized in OCI	0	0
Financial assets designated at fair value | Financial liabilities designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	89	48
Un- favourable changes reflected in profit or loss	(74)	(38)
Favourable changes recognized in OCI	0	0
Un- favourable changes recognized in OCI	0	0
Financial investments: available for sale
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	53	72
Un- favourable changes reflected in profit or loss	(30)	(36)
Favourable changes recognized in OCI	128	170
Un- favourable changes recognized in OCI	$ (149)	$ (149)

Fair values of financial ins143

Fair values of financial instruments carried at fair value - Sensitivity of Level 3 fair values to reasonably possible alternative assumptions by instrument type (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	$ 514	$ 358
Un- favourable changes reflected in profit or loss	(357)	(251)
Favourable changes recognized in OCI	128	170
Un- favourable changes recognized in OCI	(149)	(149)
Private equity including strategic investments
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	142	112
Un- favourable changes reflected in profit or loss	(105)	(73)
Favourable changes recognized in OCI	117	121
Un- favourable changes recognized in OCI	(102)	(106)
Asset-backed securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	66	43
Un- favourable changes reflected in profit or loss	(39)	(15)
Favourable changes recognized in OCI	3	33
Un- favourable changes recognized in OCI	(39)	(27)
Loans held for securitisation
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	1	1
Un- favourable changes reflected in profit or loss	(1)	(1)
Favourable changes recognized in OCI	0	0
Un- favourable changes recognized in OCI	0	0
Structured notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	12	10
Un- favourable changes reflected in profit or loss	(9)	(7)
Favourable changes recognized in OCI	0	0
Un- favourable changes recognized in OCI	0	0
Derivatives with monolines
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	0	3
Un- favourable changes reflected in profit or loss	0	(3)
Favourable changes recognized in OCI	0	0
Un- favourable changes recognized in OCI	0	0
Other derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	249	141
Un- favourable changes reflected in profit or loss	(150)	(94)
Favourable changes recognized in OCI	0	0
Un- favourable changes recognized in OCI	0	0
Other portfolios
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Favourable changes reflected in profit or loss	44	48
Un- favourable changes reflected in profit or loss	(53)	(58)
Favourable changes recognized in OCI	8	16
Un- favourable changes recognized in OCI	$ (8)	$ (16)

Fair values of financial ins144

Fair values of financial instruments carried at fair value - Quantitative information about significant unobservable inputs in Level 3 valuations (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)bid_quote	Dec. 31, 2016USD ($)bid_quote
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities	$ 2,220,739	2,099,449
Percentage of inputs that fall within the core range	90.00%
Level 3 | Recurring fair value measurement
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 12,388	13,447
Financial liabilities	6,144	5,919
Level 3 | Recurring fair value measurement | Private equity including strategic investments
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	20
Level 3 | Recurring fair value measurement | Structured notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,180	3,557
Level 3 | Recurring fair value measurement | – equity-linked notes one
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	4,077
Level 3 | Recurring fair value measurement | – equity-linked notes two
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities
Level 3 | Recurring fair value measurement | – fund-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	7
Level 3 | Recurring fair value measurement | – FX-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	76
Level 3 | Recurring fair value measurement | – other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	20
Level 3 | Recurring fair value measurement | Other derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,944	2,300
Level 3 | Recurring fair value measurement | Other portfolios
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	37
Level 3 | Recurring fair value measurement | – other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0
Level 3 | Recurring fair value measurement | Private equity including strategic investments
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,508	3,196
Level 3 | Recurring fair value measurement | Asset-backed securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,577	1,550
Level 3 | Recurring fair value measurement | – CLO/CDO
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	520
Level 3 | Recurring fair value measurement | – other ABSs
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,057
Level 3 | Recurring fair value measurement | Loans held for securitisation
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	24	28
Level 3 | Recurring fair value measurement | Structured notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3
Level 3 | Recurring fair value measurement | – other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3
Level 3 | Recurring fair value measurement | Derivatives with monolines
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	113	$ 175
Level 3 | Recurring fair value measurement | Other derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,331
Level 3 | Recurring fair value measurement | Other portfolios
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,832
Level 3 | Recurring fair value measurement | – structured certificates
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,014
Level 3 | Recurring fair value measurement | – EM corporate debt
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	85
Level 3 | Recurring fair value measurement | – other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	733
Level 3 | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	806
Level 3 | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	66
Level 3 | Recurring fair value measurement | Interest rate | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	145
Level 3 | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	285
Level 3 | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,244
Level 3 | Recurring fair value measurement | Interest rate | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	302
Level 3 | Recurring fair value measurement | Foreign exchange | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	129
Level 3 | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	83
Level 3 | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	86
Level 3 | Recurring fair value measurement | Foreign exchange | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	135
Level 3 | Recurring fair value measurement | Equities | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	329
Level 3 | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	359
Level 3 | Recurring fair value measurement | Equities | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	96
Level 3 | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	158
Level 3 | Recurring fair value measurement | Credit | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	27
Level 3 | Recurring fair value measurement | Credit | other
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 25
Bottom of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate liabilities	20.00%	0.00%
Bottom of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility liabilities	8.00%	8.00%
Bottom of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	0.70%	0.60%
Bottom of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	7.00%	11.00%
Top of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate liabilities	90.00%	90.00%
Top of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility liabilities	41.00%	101.00%
Top of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	50.00%	25.00%
Top of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	84.00%	83.00%
Bottom of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate liabilities	20.00%	8.00%
Bottom of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility liabilities	15.00%	21.00%
Bottom of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	5.00%	7.00%
Bottom of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	15.00%	16.00%
Top of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate liabilities	90.00%	27.00%
Top of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility liabilities	31.00%	39.00%
Top of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	11.00%	12.00%
Top of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	44.00%	36.00%
Market proxy | Bottom of range | Recurring fair value measurement | – CLO/CDO
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	2.00%	2.00%
Bid quotes | bid_quote	0	0
Market proxy | Bottom of range | Recurring fair value measurement | – other ABSs
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	0	0
Market proxy | Bottom of range | Recurring fair value measurement | – EM corporate debt
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	100	96
Market proxy | Top of range | Recurring fair value measurement | – CLO/CDO
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	7.00%	7.00%
Bid quotes | bid_quote	101	101
Market proxy | Top of range | Recurring fair value measurement | – other ABSs
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	103	96
Market proxy | Top of range | Recurring fair value measurement | – EM corporate debt
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	100	144
Market proxy | Bottom of range | Recurring fair value measurement | – CLO/CDO
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	2.00%	2.00%
Bid quotes | bid_quote	6	42
Market proxy | Bottom of range | Recurring fair value measurement | – other ABSs
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	34	57
Market proxy | Bottom of range | Recurring fair value measurement | – EM corporate debt
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	100	113
Market proxy | Top of range | Recurring fair value measurement | – CLO/CDO
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	7.00%	7.00%
Bid quotes | bid_quote	53	94
Market proxy | Top of range | Recurring fair value measurement | – other ABSs
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	98	90
Market proxy | Top of range | Recurring fair value measurement | – EM corporate debt
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Bid quotes | bid_quote	100	113
Model – Option model | Bottom of range | Recurring fair value measurement | – equity-linked notes one
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	7.00%	11.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – equity-linked notes two
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity correlation	33.00%	33.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – fund-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fund volatility	6.00%	6.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – FX-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	3.00%	3.00%
Model – Option model | Bottom of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility assets	8.00%	8.00%
Model – Option model | Bottom of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility assets	0.70%	0.60%
Model – Option model | Bottom of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility liabilities	7.00%	11.00%
Model – Option model | Top of range | Recurring fair value measurement | – equity-linked notes one
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	47.00%	96.00%
Model – Option model | Top of range | Recurring fair value measurement | – equity-linked notes two
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity correlation	95.00%	94.00%
Model – Option model | Top of range | Recurring fair value measurement | – fund-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fund volatility	15.00%	11.00%
Model – Option model | Top of range | Recurring fair value measurement | – FX-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	20.00%	29.00%
Model – Option model | Top of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility assets	41.00%	101.00%
Model – Option model | Top of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility assets	50.00%	25.00%
Model – Option model | Top of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility liabilities	84.00%	83.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – equity-linked notes one
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	14.00%	16.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – equity-linked notes two
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity correlation	45.00%	46.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – fund-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fund volatility	6.00%	6.00%
Model – Option model | Bottom of range | Recurring fair value measurement | – FX-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	4.00%	5.00%
Model – Option model | Bottom of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility assets	15.00%	21.00%
Model – Option model | Bottom of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility assets	5.00%	7.00%
Model – Option model | Bottom of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility liabilities	15.00%	16.00%
Model – Option model | Top of range | Recurring fair value measurement | – equity-linked notes one
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility assets	30.00%	36.00%
Model – Option model | Top of range | Recurring fair value measurement | – equity-linked notes two
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity correlation	72.00%	81.00%
Model – Option model | Top of range | Recurring fair value measurement | – fund-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Fund volatility	15.00%	11.00%
Model – Option model | Top of range | Recurring fair value measurement | – FX-linked notes
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility liabilities	13.00%	18.00%
Model – Option model | Top of range | Recurring fair value measurement | Interest rate | long-dated swaptions
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
IR volatility assets	31.00%	39.00%
Model – Option model | Top of range | Recurring fair value measurement | Foreign exchange | FX options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
FX volatility assets	11.00%	12.00%
Model – Option model | Top of range | Recurring fair value measurement | Equities | long-dated single stock options
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Equity volatility liabilities	44.00%	36.00%
Model – Discounted cash flow | Bottom of range | Recurring fair value measurement | Derivatives with monolines
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit spread	0.40%	2.00%
Model – Discounted cash flow | Bottom of range | Recurring fair value measurement | – structured certificates
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit volatility	2.00%	3.00%
Model – Discounted cash flow | Bottom of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	20.00%	0.00%
Model – Discounted cash flow | Top of range | Recurring fair value measurement | Derivatives with monolines
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit spread	3.00%	2.00%
Model – Discounted cash flow | Top of range | Recurring fair value measurement | – structured certificates
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit volatility	4.00%	4.00%
Model – Discounted cash flow | Top of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	90.00%	90.00%
Model – Discounted cash flow | Bottom of range | Recurring fair value measurement | Derivatives with monolines
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit spread	1.00%	2.00%
Model – Discounted cash flow | Bottom of range | Recurring fair value measurement | – structured certificates
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit volatility	2.00%	3.00%
Model – Discounted cash flow | Bottom of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	20.00%	8.00%
Model – Discounted cash flow | Top of range | Recurring fair value measurement | Derivatives with monolines
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit spread	3.00%	2.00%
Model – Discounted cash flow | Top of range | Recurring fair value measurement | – structured certificates
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Credit volatility	4.00%	4.00%
Model – Discounted cash flow | Top of range | Recurring fair value measurement | Interest rate | securitisation swaps
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Prepayment rate assets	90.00%	27.00%

Fair values of financial ins145

Fair values of financial instruments carried at fair value - Basis of valuing HSBC Holding's financial assets and liabilities measured at fair value (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities	2,220,739	2,099,449
Financial liabilities designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	94,429	86,832
Derivatives
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	219,818	290,872
Available for sale
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	336,157	389,874
HSBC Holdings
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	97,335	83,525
Financial liabilities	87,730	75,796
HSBC Holdings | Financial liabilities designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	30,890	30,113
HSBC Holdings | Financial liabilities designated at fair value | Level 2 | Designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	30,890	30,113
HSBC Holdings | Derivatives | Level 2 | Designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	3,082	5,025
HSBC Holdings | Derivatives | Level 2 | Designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	2,388	2,148
HSBC Holdings | Available for sale | Level 2 | Designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	4,264	3,590
HSBC Holdings | – loans and advances to HSBC undertakings designated at fair value 1 | Level 2 | Designated at fair value
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 11,944	$ 0

Fair values of financial ins146

Fair values of financial instruments not carried at fair value - Fair value of financial instruments not carried at fair value and bases of valuation (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities	2,220,739	2,099,449
Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	69,922	59,939
Customer accounts
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,364,462	1,272,386
Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	130,002	88,958
Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	169,639	155,683
Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	44,116	44,567
Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	90,393	88,126
Loans and advances to customers
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	962,964	861,504
Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	201,553	160,974
Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	52,919	46,923
Fair value | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	69,892	59,925
Fair value | Customer accounts
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,364,625	1,272,676
Fair value | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	129,996	88,939
Fair value | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	90,391	88,140
Fair value | Loans and advances to customers
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	964,205	861,564
Fair value | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	201,538	161,031
Fair value | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	54,087	47,223
Fair value | Level 1 | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Fair value | Level 1 | Customer accounts
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Fair value | Level 1 | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1	0
Fair value | Level 1 | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Fair value | Level 1 | Loans and advances to customers
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Fair value | Level 1 | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	0	0
Fair value | Level 1 | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,363	1,190
Fair value | Level 2 | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	69,862	59,883
Fair value | Level 2 | Customer accounts
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	1,353,017	1,262,540
Fair value | Level 2 | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	129,995	88,939
Fair value | Level 2 | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	87,384	85,568
Fair value | Level 2 | Loans and advances to customers
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	20,029	15,670
Fair value | Level 2 | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	200,012	159,504
Fair value | Level 2 | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	52,707	46,014
Fair value | Level 3 | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	30	42
Fair value | Level 3 | Customer accounts
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	11,608	10,136
Fair value | Level 3 | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
Fair value | Level 3 | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	3,007	2,572
Fair value | Level 3 | Loans and advances to customers
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	944,176	845,894
Fair value | Level 3 | Repurchase agreements – non-trading
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	1,526	1,527
Fair value | Level 3 | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	17	19
At cost | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	64,546	65,915
At cost | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	19,826	20,984
At cost | Fair value | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	65,138	66,386
At cost | Fair value | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	24,095	23,556
At cost | Fair value | Level 1 | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
At cost | Fair value | Level 1 | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
At cost | Fair value | Level 2 | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	65,138	66,386
At cost | Fair value | Level 2 | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	23,740	23,264
At cost | Fair value | Level 3 | Debt securities in issue
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	0	0
At cost | Fair value | Level 3 | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	$ 355	$ 292

Fair values of financial ins147

Fair values of financial instruments not carried at fair value - Carrying amount and fair value of loans and advances to customers by industry sector (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of fair value measurement of assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Loans and advances to customers
Disclosure of fair value measurement of assets [line items]
Financial assets	962,964	861,504
Loans and advances to customers | – personal
Disclosure of fair value measurement of assets [line items]
Financial assets	374,762	337,826
Loans and advances to customers | – corporate and commercial
Disclosure of fair value measurement of assets [line items]
Financial assets	516,754	460,209
Loans and advances to customers | – financial
Disclosure of fair value measurement of assets [line items]
Financial assets	71,448	63,469
Loans and advances to customers | Not Impaired
Disclosure of fair value measurement of assets [line items]
Financial assets	953,003	849,041
Loans and advances to customers | Not Impaired | – personal
Disclosure of fair value measurement of assets [line items]
Financial assets	370,842	332,574
Loans and advances to customers | Not Impaired | – corporate and commercial
Disclosure of fair value measurement of assets [line items]
Financial assets	510,784	453,151
Loans and advances to customers | Not Impaired | – financial
Disclosure of fair value measurement of assets [line items]
Financial assets	71,377	63,316
Loans and advances to customers | Impaired
Disclosure of fair value measurement of assets [line items]
Financial assets	9,961	12,463
Loans and advances to customers | Impaired | – personal
Disclosure of fair value measurement of assets [line items]
Financial assets	3,920	5,252
Loans and advances to customers | Impaired | – corporate and commercial
Disclosure of fair value measurement of assets [line items]
Financial assets	5,970	7,058
Loans and advances to customers | Impaired | – financial
Disclosure of fair value measurement of assets [line items]
Financial assets	71	153
Fair value | Loans and advances to customers
Disclosure of fair value measurement of assets [line items]
Financial assets	964,205	861,564
Fair value | Loans and advances to customers | – personal
Disclosure of fair value measurement of assets [line items]
Financial assets	374,388	334,764
Fair value | Loans and advances to customers | – corporate and commercial
Disclosure of fair value measurement of assets [line items]
Financial assets	518,366	463,209
Fair value | Loans and advances to customers | – financial
Disclosure of fair value measurement of assets [line items]
Financial assets	71,451	63,591
Fair value | Loans and advances to customers | Not Impaired
Disclosure of fair value measurement of assets [line items]
Financial assets	955,079	850,394
Fair value | Loans and advances to customers | Not Impaired | – personal
Disclosure of fair value measurement of assets [line items]
Financial assets	371,131	330,167
Fair value | Loans and advances to customers | Not Impaired | – corporate and commercial
Disclosure of fair value measurement of assets [line items]
Financial assets	512,597	456,816
Fair value | Loans and advances to customers | Not Impaired | – financial
Disclosure of fair value measurement of assets [line items]
Financial assets	71,351	63,411
Fair value | Loans and advances to customers | Impaired
Disclosure of fair value measurement of assets [line items]
Financial assets	9,126	11,170
Fair value | Loans and advances to customers | Impaired | – personal
Disclosure of fair value measurement of assets [line items]
Financial assets	3,257	4,597
Fair value | Loans and advances to customers | Impaired | – corporate and commercial
Disclosure of fair value measurement of assets [line items]
Financial assets	5,769	6,393
Fair value | Loans and advances to customers | Impaired | – financial
Disclosure of fair value measurement of assets [line items]
Financial assets	$ 100	$ 180

Fair values of financial ins148

Fair values of financial instruments not carried at fair value - Fair values of HSBC Holdings' financial instruments not carried at fair value on the balance sheet (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities	2,220,739	2,099,449
Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	69,922	59,939
Debt securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	169,639	155,683
Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	44,116	44,567
Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	90,393	88,126
Fair value | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	69,892	59,925
Fair value | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	90,391	88,140
HSBC Holdings
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	97,335	83,525
Financial liabilities	87,730	75,796
HSBC Holdings | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	2,571	2,157
HSBC Holdings | Debt securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	51,754	38,571
HSBC Holdings | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	28,646	27,707
HSBC Holdings | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	76,627	77,421
HSBC Holdings | Fair value | Deposits by banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	2,571	2,156
HSBC Holdings | Fair value | Loans and advances to banks
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial assets	78,534	79,985
At cost | Debt securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	64,546	65,915
At cost | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	19,826	20,984
At cost | Fair value | Debt securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	65,138	66,386
At cost | Fair value | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	24,095	23,556
At cost | HSBC Holdings | Debt securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	34,258	21,805
At cost | HSBC Holdings | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	15,877	15,189
At cost | HSBC Holdings | Fair value | Debt securities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	36,611	23,147
At cost | HSBC Holdings | Fair value | Subordinated liabilities
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items]
Financial liabilities	$ 19,596	$ 17,715

Financial assets designated 149

Financial assets designated at fair value - Financial assets designated at fair value (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	29,464	24,756
Securities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	29,456	24,677
Treasury and other eligible bills | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	606	204
Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Debt securities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	4,090	4,189
Equities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	24,760	20,284
Loans and advances to banks and customers | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	$ 8	$ 79

Financial assets designated 150

Financial assets designated at fair value - Financial assets designated at fair value by securities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	29,464	24,756
US Treasury and US Government agencies | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	0	104
UK Government | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	17	41
Hong Kong Government | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	64	16
Other governments | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	1,247	747
Asset-backed securities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	2	20
Corporate debt and other securities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	3,366	3,465
Equities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	24,760	20,284
Securities | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	29,456	24,677
Debt securities issued by banks and other financial institutions | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	1,621	1,766
Debt securities issued by banks and other financial institutions, guaranteed by governments | Financial assets designated at fair value
Disclosure of financial assets [line items]
Financial assets	$ 0	$ 19

Derivatives - Notional contrac

Derivatives - Notional contract amounts and fair value of derivatives by product contract type held by HSBC (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	$ 27,008,765	$ 20,531,969
Nominal contract amount of hedging instruments	207,057	241,287
Fair value of trading assets	328,450	394,212
Fair value of hedging assets	1,793	3,215
Gross total fair values of derivative assets	330,243	397,427
Fair value of derivative assets	219,818	290,872
Fair value of trading liabilities	323,351	381,325
Fair value of hedging liabilities	3,895	5,049
Gross total fair values of derivative liabilities	327,246	386,374
Fair value of derivative liabilities	216,821	279,819
Derivatives
Disclosure of detailed information about hedging instruments [line items]
Amounts offset on derivative liabilities	(110,425)	(106,555)
Derivatives
Disclosure of detailed information about hedging instruments [line items]
Amounts offset on derivative assets	(110,425)	(106,555)
Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	6,215,518	5,819,814
Nominal contract amount of hedging instruments	28,768	26,281
Fair value of trading assets	78,089	126,185
Fair value of hedging assets	428	1,228
Gross total fair values of derivative assets	78,517	127,413
Fair value of trading liabilities	74,915	118,813
Fair value of hedging liabilities	853	968
Gross total fair values of derivative liabilities	75,768	119,781
Interest rate
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	19,751,577	13,729,757
Nominal contract amount of hedging instruments	178,289	215,006
Fair value of trading assets	235,430	253,398
Fair value of hedging assets	1,365	1,987
Gross total fair values of derivative assets	236,795	255,385
Fair value of trading liabilities	229,989	245,941
Fair value of hedging liabilities	3,042	4,081
Gross total fair values of derivative liabilities	233,031	250,022
Equities
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	590,156	472,169
Nominal contract amount of hedging instruments	0	0
Fair value of trading assets	9,353	7,410
Fair value of hedging assets	0	0
Gross total fair values of derivative assets	9,353	7,410
Fair value of trading liabilities	11,845	9,240
Fair value of hedging liabilities	0	0
Gross total fair values of derivative liabilities	11,845	9,240
Credit
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	391,798	448,220
Nominal contract amount of hedging instruments	0	0
Fair value of trading assets	4,692	5,199
Fair value of hedging assets	0	0
Gross total fair values of derivative assets	4,692	5,199
Fair value of trading liabilities	5,369	5,767
Fair value of hedging liabilities	0	0
Gross total fair values of derivative liabilities	5,369	5,767
Commodity and other
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	59,716	62,009
Nominal contract amount of hedging instruments	0	0
Fair value of trading assets	886	2,020
Fair value of hedging assets	0	0
Gross total fair values of derivative assets	886	2,020
Fair value of trading liabilities	1,233	1,564
Fair value of hedging liabilities	0	0
Gross total fair values of derivative liabilities	$ 1,233	$ 1,564

Derivatives - Notional cont152

Derivatives - Notional contract amounts and fair values of derivatives by product contract type held by HSBC Holdings with subsidiaries (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	$ 27,008,765	$ 20,531,969
Nominal contract amount of hedging instruments	207,057	241,287
Fair value of trading assets	328,450	394,212
Fair value of hedging assets	1,793	3,215
Fair value of derivative assets	219,818	290,872
Fair value of trading liabilities	323,351	381,325
Fair value of hedging liabilities	3,895	5,049
Fair value of derivative liabilities	216,821	279,819
Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	6,215,518	5,819,814
Nominal contract amount of hedging instruments	28,768	26,281
Fair value of trading assets	78,089	126,185
Fair value of hedging assets	428	1,228
Fair value of trading liabilities	74,915	118,813
Fair value of hedging liabilities	853	968
Interest rate
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	19,751,577	13,729,757
Nominal contract amount of hedging instruments	178,289	215,006
Fair value of trading assets	235,430	253,398
Fair value of hedging assets	1,365	1,987
Fair value of trading liabilities	229,989	245,941
Fair value of hedging liabilities	3,042	4,081
HSBC Holdings
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	61,545	50,300
Fair value of trading assets	1,952	1,701
Fair value of derivative assets	2,388	2,148
Fair value of trading liabilities	2,008	3,840
Fair value of derivative liabilities	3,082	5,025
HSBC Holdings | Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	20,484	23,442
Fair value of trading assets	588	223
Fair value of derivative assets	588	223
Fair value of trading liabilities	1,330	3,201
Fair value of derivative liabilities	1,440	3,440
HSBC Holdings | Interest rate
Disclosure of detailed information about hedging instruments [line items]
Notional contract amount of trading instruments	41,061	26,858
Fair value of trading assets	1,364	1,478
Fair value of derivative assets	1,800	1,925
Fair value of trading liabilities	678	639
Fair value of derivative liabilities	1,642	1,585
Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	1,020	1,088
Fair value of hedging liabilities	2,767	3,748
Fair value hedges | Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	0	10
Fair value of hedging liabilities	23	22
Fair value hedges | Interest rate
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	1,020	1,078
Fair value of hedging liabilities	2,744	3,726
Fair value hedges | HSBC Holdings
Disclosure of detailed information about hedging instruments [line items]
Nominal contract amount of hedging instruments	26,414	25,476
Fair value of hedging assets	436	447
Fair value of hedging liabilities	1,074	1,185
Fair value hedges | HSBC Holdings | Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Nominal contract amount of hedging instruments	1,120	1,120
Fair value of hedging assets	0	0
Fair value of hedging liabilities	110	239
Fair value hedges | HSBC Holdings | Interest rate
Disclosure of detailed information about hedging instruments [line items]
Nominal contract amount of hedging instruments	25,294	24,356
Fair value of hedging assets	436	447
Fair value of hedging liabilities	$ 964	$ 946

Derivatives - Unamortised bala

Derivatives - Unamortised balance of derivatives valued using models with significant unobservable inputs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of aggregate difference between fair value at initial recognition and transaction price yet to be recognised in profit or loss [abstract]
Unamortised balance at 1 Jan	$ 99	$ 97
Deferral on new transactions	191	156
Recognised in the income statement during the year:	(187)	(140)
– amortisation	(85)	(70)
– subsequent to unobservable inputs becoming observable	(2)	(5)
– maturity, termination or offsetting derivative	(100)	(65)
Exchange differences	10	(13)
Other	(7)	(1)
Unamortised balance at 31 Dec	$ 106	$ 99

Derivatives - Notional cont154

Derivatives - Notional contract amounts and fair values of derivatives designated as fair value hedges by product type (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	$ 1,793	$ 3,215
Fair value of hedging liabilities	3,895	5,049
Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	113,741	124,979
Fair value of hedging assets	1,020	1,088
Fair value of hedging liabilities	2,767	3,748
Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	428	1,228
Fair value of hedging liabilities	853	968
Foreign exchange | Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	1,027	618
Fair value of hedging assets	0	10
Fair value of hedging liabilities	23	22
Interest rate
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	1,365	1,987
Fair value of hedging liabilities	3,042	4,081
Interest rate | Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	112,714	124,361
Fair value of hedging assets	1,020	1,078
Fair value of hedging liabilities	2,744	3,726
HSBC Holdings | Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	26,414	25,476
Fair value of hedging assets	436	447
Fair value of hedging liabilities	1,074	1,185
HSBC Holdings | Foreign exchange | Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	1,120	1,120
Fair value of hedging assets	0	0
Fair value of hedging liabilities	110	239
HSBC Holdings | Interest rate | Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	25,294	24,356
Fair value of hedging assets	436	447
Fair value of hedging liabilities	$ 964	$ 946

Derivatives - Gains or losses

Derivatives - Gains or losses arising from fair value hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of detailed information about hedging instruments [line items]
Gains (losses) on hedging instruments	$ 621	$ (439)	$ 40
Gains (losses) on hedged item attributable to hedged risk	(617)	462	(51)
HSBC Holdings
Disclosure of detailed information about hedging instruments [line items]
Gains (losses) on hedging instruments	(57)	(909)	(4)
Gains (losses) on hedged item attributable to hedged risk	23	926	6
Fair value hedges
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedge ineffectiveness	4	23	(11)
Fair value hedges | HSBC Holdings
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedge ineffectiveness	$ (34)	$ 17	$ 2

Derivatives - Notional cont156

Derivatives - Notional contract amounts and fair values of derivatives designated as cash flow hedges by product held by HSBC (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	$ 1,793	$ 3,215
Fair value of hedging liabilities	3,895	5,049
Cash flow hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	88,316	116,308
Fair value of hedging assets	769	1,990
Fair value of hedging liabilities	1,057	1,294
Foreign exchange
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	428	1,228
Fair value of hedging liabilities	853	968
Foreign exchange | Cash flow hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	22,741	25,663
Fair value of hedging assets	424	1,081
Fair value of hedging liabilities	759	939
Interest rate
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	1,365	1,987
Fair value of hedging liabilities	3,042	4,081
Interest rate | Cash flow hedges
Disclosure of detailed information about hedging instruments [line items]
Notional	65,575	90,645
Fair value of hedging assets	345	909
Fair value of hedging liabilities	$ 298	$ 355

Derivatives - Forecast princip

Derivatives - Forecast principal balances on which interest cash flows are expected to arise (Details) - Cash flow hedges - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
3 months or less
Disclosure of detailed information about financial instruments [line items]
Assets	$ 70,769	$ 83,472
Liabilities	(7,729)	(13,169)
Forecast principal balances on which interest cash flows are expected to arise	63,040	70,303
More than 3 months but less than 1 year
Disclosure of detailed information about financial instruments [line items]
Assets	65,771	79,749
Liabilities	(7,017)	(12,977)
Forecast principal balances on which interest cash flows are expected to arise	58,754	66,772
5 years or less but over 1 year
Disclosure of detailed information about financial instruments [line items]
Assets	44,347	57,553
Liabilities	(4,992)	(11,761)
Forecast principal balances on which interest cash flows are expected to arise	39,355	45,792
More than 5 years
Disclosure of detailed information about financial instruments [line items]
Assets	956	2,750
Liabilities	(536)	(1,502)
Forecast principal balances on which interest cash flows are expected to arise	$ 420	$ 1,248

Derivatives - Forecast prin158

Derivatives - Forecast principal balances on which interest cash flows are expected to arise (commentary) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	$ 1,793,000,000	$ 3,215,000,000
Fair value of hedging liabilities	3,895,000,000	5,049,000,000
Gains (losses) on ineffectiveness of hedges of net investments in foreign operations recognised in profit or loss	0	0	$ 0
Cash flow hedges
Disclosure of detailed information about hedging instruments [line items]
Gain (loss) on hedge ineffectiveness	(5,000,000)	(5,000,000)	$ 15,000,000
Fair value of hedging assets	769,000,000	1,990,000,000
Fair value of hedging liabilities	1,057,000,000	1,294,000,000
Notional	88,316,000,000	116,308,000,000
Hedges of net investment in foreign operations
Disclosure of detailed information about hedging instruments [line items]
Fair value of hedging assets	4,000,000	137,000,000
Fair value of hedging liabilities	71,000,000	7,000,000
Notional	$ 5,000,000,000	$ 3,544,000,000

Financial Investments - Carryi

Financial Investments - Carrying amount of financial investments (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Financial investments
Disclosure of financial assets [line items]
Financial assets	389,076	436,797
Financial assets, at fair value	390,243	437,098
Financial investments | Debt securities
Disclosure of financial assets [line items]
Financial assets	306,308	332,904
Financial investments | Equities
Disclosure of financial assets [line items]
Financial assets, at fair value	3,917	4,667
Available for sale
Disclosure of financial assets [line items]
Financial assets	336,157	389,874
Available for sale | Treasury and other eligible bills
Disclosure of financial assets [line items]
Financial assets	78,851	99,226
Available for sale | Debt securities
Disclosure of financial assets [line items]
Financial assets	253,389	285,981
Available for sale | Equities
Disclosure of financial assets [line items]
Financial assets	3,917	4,667
Held to maturity
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Held to maturity | Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Financial assets, at fair value	$ 54,100	$ 47,200

Financial Investments - Financ

Financial Investments - Financial investments at amortised cost and fair value (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Amortised cost	$ 30,431	$ 26,927
Financial investments
Disclosure of financial assets [line items]
Amortised cost	384,280	431,739
Fair value	390,243	437,098
Financial investments | US Treasury
Disclosure of financial assets [line items]
Amortised cost	41,427	57,135
Fair value	41,274	56,625
Financial investments | US Government agencies
Disclosure of financial assets [line items]
Amortised cost	18,691	15,790
Fair value	18,494	15,682
Financial investments | US Government sponsored entities
Disclosure of financial assets [line items]
Amortised cost	10,998	14,397
Fair value	11,033	14,442
Financial investments | UK Government
Disclosure of financial assets [line items]
Amortised cost	17,817	27,506
Fair value	18,538	28,480
Financial investments | Hong Kong Government
Disclosure of financial assets [line items]
Amortised cost	52,269	62,500
Fair value	52,252	62,475
Financial investments | Other governments
Disclosure of financial assets [line items]
Amortised cost	134,766	140,943
Fair value	136,414	142,594
Financial investments | Asset-backed securities
Disclosure of financial assets [line items]
Amortised cost	6,187	10,246
Fair value	5,781	9,392
Financial investments | Corporate debt and other securities
Disclosure of financial assets [line items]
Amortised cost	99,136	100,180
Fair value	102,540	102,741
Financial investments | Equities
Disclosure of financial assets [line items]
Amortised cost	2,989	3,042
Fair value	3,917	4,667
Financial investments | Debt securities issued by banks and other financial institutions
Disclosure of financial assets [line items]
Fair value	67,000	69,000
Financial investments | Debt securities issued by banks and other financial institutions, guaranteed by governments
Disclosure of financial assets [line items]
Fair value	$ 15,000	$ 20,000

Financial Investments - Maturi

Financial Investments - Maturities of investments in debt securities at their carrying amount (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Financial investments
Disclosure of financial assets [line items]
Financial assets	389,076	436,797
Financial investments | Debt securities
Disclosure of financial assets [line items]
Financial assets	306,308	332,904
Financial investments | 1 year or less | Debt securities
Disclosure of financial assets [line items]
Financial assets	67,627	66,657
Financial investments | 5 years or less but over 1 year | Debt securities
Disclosure of financial assets [line items]
Financial assets	131,519	152,910
Financial investments | 10 years or less but over 5 years | Debt securities
Disclosure of financial assets [line items]
Financial assets	50,774	55,733
Financial investments | Over 10 years | Debt securities
Disclosure of financial assets [line items]
Financial assets	56,388	57,604
Available for sale
Disclosure of financial assets [line items]
Financial assets	336,157	389,874
Available for sale | Debt securities
Disclosure of financial assets [line items]
Financial assets	253,389	285,981
Available for sale | 1 year or less | Debt securities
Disclosure of financial assets [line items]
Financial assets	63,896	64,155
Available for sale | 5 years or less but over 1 year | Debt securities
Disclosure of financial assets [line items]
Financial assets	122,113	142,700
Available for sale | 10 years or less but over 5 years | Debt securities
Disclosure of financial assets [line items]
Financial assets	37,292	45,385
Available for sale | Over 10 years | Debt securities
Disclosure of financial assets [line items]
Financial assets	30,088	33,741
Held to maturity
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Held to maturity | Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Held to maturity | 1 year or less | Debt securities
Disclosure of financial assets [line items]
Financial assets	3,731	2,502
Held to maturity | 5 years or less but over 1 year | Debt securities
Disclosure of financial assets [line items]
Financial assets	9,406	10,210
Held to maturity | 10 years or less but over 5 years | Debt securities
Disclosure of financial assets [line items]
Financial assets	13,482	10,348
Held to maturity | Over 10 years | Debt securities
Disclosure of financial assets [line items]
Financial assets	$ 26,300	$ 23,863

Financial Investments - Contra

Financial Investments - Contractual maturities and weighted average yields of investment debt securities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Amortised cost	$ 30,431	$ 26,927
Financial assets	2,433,785	2,293,296
Available for sale
Disclosure of financial assets [line items]
Financial assets	336,157	389,874
Held to maturity
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Debt securities
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Debt securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	253,389	285,981
Debt securities | Held to maturity
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
1 year or less | Available for sale
Disclosure of financial assets [line items]
Amortised cost	64,007
1 year or less | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	3,731
1 year or less | US Treasury | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 3,981
Yield	1.10%
1 year or less | US Treasury | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 41
Yield	5.00%
1 year or less | US Government agencies | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 50
Yield	1.90%
1 year or less | US Government agencies | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
1 year or less | US Government sponsored entities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 148
Yield	3.50%
1 year or less | US Government sponsored entities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
1 year or less | UK Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 636
Yield	0.20%
1 year or less | Hong Kong Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 216
Yield	0.80%
1 year or less | Hong Kong Government | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 227
Yield	0.50%
1 year or less | Other governments | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 45,337
Yield	1.80%
1 year or less | Other governments | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 108
Yield	4.70%
1 year or less | Asset-backed securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 26
Yield	7.80%
1 year or less | Asset-backed securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
1 year or less | Corporate debt and other securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 13,613
Yield	1.70%
1 year or less | Corporate debt and other securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 3,355
Yield	3.70%
1 year or less | Debt securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	$ 63,896	64,155
1 year or less | Debt securities | Held to maturity
Disclosure of financial assets [line items]
Financial assets	3,731	2,502
5 years or less but over 1 year | Available for sale
Disclosure of financial assets [line items]
Amortised cost	120,152
5 years or less but over 1 year | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	9,406
5 years or less but over 1 year | US Treasury | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 16,213
Yield	1.90%
5 years or less but over 1 year | US Treasury | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 22
Yield	4.70%
5 years or less but over 1 year | US Government agencies | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 129
Yield	2.20%
5 years or less but over 1 year | US Government agencies | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 21
Yield	4.00%
5 years or less but over 1 year | US Government sponsored entities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 2,759
Yield	3.00%
5 years or less but over 1 year | US Government sponsored entities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 322
Yield	2.40%
5 years or less but over 1 year | UK Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 6,970
Yield	0.90%
5 years or less but over 1 year | Hong Kong Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 1,014
Yield	1.30%
5 years or less but over 1 year | Hong Kong Government | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 28
Yield	2.60%
5 years or less but over 1 year | Other governments | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 57,441
Yield	2.70%
5 years or less but over 1 year | Other governments | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 240
Yield	4.00%
5 years or less but over 1 year | Asset-backed securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 28
Yield	5.50%
5 years or less but over 1 year | Asset-backed securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
5 years or less but over 1 year | Corporate debt and other securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 35,598
Yield	1.90%
5 years or less but over 1 year | Corporate debt and other securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 8,773
Yield	3.40%
5 years or less but over 1 year | Debt securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	$ 122,113	142,700
5 years or less but over 1 year | Debt securities | Held to maturity
Disclosure of financial assets [line items]
Financial assets	9,406	10,210
10 years or less but over 5 years | Available for sale
Disclosure of financial assets [line items]
Amortised cost	36,085
10 years or less but over 5 years | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	13,482
10 years or less but over 5 years | US Treasury | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 15,806
Yield	2.00%
10 years or less but over 5 years | US Treasury | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 49
Yield	4.90%
10 years or less but over 5 years | US Government agencies | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 19
Yield	3.80%
10 years or less but over 5 years | US Government agencies | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 27
Yield	2.50%
10 years or less but over 5 years | US Government sponsored entities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 1,965
Yield	2.60%
10 years or less but over 5 years | US Government sponsored entities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 325
Yield	2.80%
10 years or less but over 5 years | UK Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 6,552
Yield	0.80%
10 years or less but over 5 years | Hong Kong Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
10 years or less but over 5 years | Hong Kong Government | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 13
Yield	1.20%
10 years or less but over 5 years | Other governments | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 7,429
Yield	3.00%
10 years or less but over 5 years | Other governments | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 198
Yield	3.70%
10 years or less but over 5 years | Asset-backed securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 271
Yield	1.70%
10 years or less but over 5 years | Asset-backed securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
10 years or less but over 5 years | Corporate debt and other securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 4,043
Yield	2.60%
10 years or less but over 5 years | Corporate debt and other securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 12,870
Yield	3.30%
10 years or less but over 5 years | Debt securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	$ 37,292	45,385
10 years or less but over 5 years | Debt securities | Held to maturity
Disclosure of financial assets [line items]
Financial assets	13,482	10,348
Over 10 years | Available for sale
Disclosure of financial assets [line items]
Amortised cost	29,290
Over 10 years | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	26,300
Over 10 years | US Treasury | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 3,318
Yield	3.10%
Over 10 years | US Treasury | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 130
Yield	4.20%
Over 10 years | US Government agencies | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 7,924
Yield	2.60%
Over 10 years | US Government agencies | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 10,519
Yield	2.40%
Over 10 years | US Government sponsored entities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 2,733
Yield	2.70%
Over 10 years | US Government sponsored entities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 2,747
Yield	2.90%
Over 10 years | UK Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
Over 10 years | Hong Kong Government | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 0
Yield	0.00%
Over 10 years | Hong Kong Government | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 7
Yield	1.40%
Over 10 years | Other governments | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 1,678
Yield	3.40%
Over 10 years | Other governments | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 847
Yield	4.30%
Over 10 years | Asset-backed securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 5,858
Yield	2.90%
Over 10 years | Asset-backed securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 4
Yield	6.70%
Over 10 years | Corporate debt and other securities | Available for sale
Disclosure of financial assets [line items]
Amortised cost	$ 7,779
Yield	3.90%
Over 10 years | Corporate debt and other securities | Held to maturity
Disclosure of financial assets [line items]
Amortised cost	$ 12,046
Yield	3.90%
Over 10 years | Debt securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	$ 30,088	33,741
Over 10 years | Debt securities | Held to maturity
Disclosure of financial assets [line items]
Financial assets	$ 26,300	$ 23,863

Assets pledged, collateral r163

Assets pledged, collateral received and assets transferred - Assets pledged and collateral received (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets pledged as collateral	$ 225,234	$ 183,260
Financial assets pledged as collateral which the counterparty has the right to sell or repledge	83,698	41,185
Assets accepted as collateral that can be sold or repledged in the absence of default	387,678	250,919
Assets accepted as collateral and sold or repledged	243,531	149,185
Trading assets
Disclosure of financial assets [line items]
Financial assets pledged as collateral which the counterparty has the right to sell or repledge	70,117	37,141
Financial investments
Disclosure of financial assets [line items]
Financial assets pledged as collateral which the counterparty has the right to sell or repledge	13,581	4,044
Treasury and other eligible bills
Disclosure of financial assets [line items]
Financial assets pledged as collateral	10,183	7,151
Loans and advances to banks
Disclosure of financial assets [line items]
Financial assets pledged as collateral	14,518	17,444
Loans and advances to customers
Disclosure of financial assets [line items]
Financial assets pledged as collateral	68,336	74,109
Debt securities
Disclosure of financial assets [line items]
Financial assets pledged as collateral	96,245	80,063
Equity securities
Disclosure of financial assets [line items]
Financial assets pledged as collateral	33,209	2,655
Other
Disclosure of financial assets [line items]
Financial assets pledged as collateral	$ 2,743	$ 1,838

Assets pledged, collateral r164

Assets pledged, collateral received and assets transferred - Transferred financial assets not qualifying for full derecognition and associated financial liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Repurchase agreements
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Carrying amount of transferred assets	$ 55,510	$ 40,364
Carrying amount of associated liabilities	52,093	39,568
Fair value of transferred assets
Fair value of associated liabilities
Net position
Securities lending agreements
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Carrying amount of transferred assets	33,878	3,324
Carrying amount of associated liabilities	3,324	2,655
Fair value of transferred assets
Fair value of associated liabilities
Net position
Other sales (recourse to transferred assets only)
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Carrying amount of transferred assets	2,387	2,441
Carrying amount of associated liabilities	2,388	2,466
Fair value of transferred assets	2,377	2,455
Fair value of associated liabilities	2,378	2,458
Net position	$ (1)	$ (3)

Interest in associates and j165

Interest in associates and joint ventures - Associates Commentary (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Disclosure of associates [line items]
Carrying amount of interests in associates	$ 22,577,000,000		$ 19,874,000,000
Bank of Communications Co., Limited
Disclosure of associates [line items]
Carrying amount of interests in associates	$ 18,057,000,000	$ 18,057,000,000	$ 15,765,000,000	$ 15,765,000,000
Investment's fair value below carrying amount, period	68 months
Impairment loss	$ 0

Interest in associates and j166

Interest in associates and joint ventures - Principal associates of HSBC (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Disclosure of associates [line items]
Carrying amount	$ 22,577		$ 19,874
Bank of Communications Co., Limited
Disclosure of associates [line items]
Carrying amount	18,057	$ 18,057	15,765	$ 15,765
Fair value	$ 10,491		10,207
HSBC’s interest percent	19.03%
The Saudi British Bank
Disclosure of associates [line items]
Carrying amount	$ 3,618		3,280
Fair value	$ 4,320		$ 3,999
HSBC’s interest percent	40.00%

Interest in associates and j167

Interest in associates and joint ventures - Impairment testing (Details) - USD ($) $ in Millions	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Disclosure of associates [line items]
Carrying amount	$ 22,577		$ 19,874
Bank of Communications Co., Limited
Disclosure of associates [line items]
VIU	18,300		16,100
Carrying amount	18,057	$ 18,057	15,765	$ 15,765
Fair value	$ 10,491		$ 10,207

Interest in associates and j168

Interest in associates and joint ventures - Key assumptions in value in use calculation (Details) - Bank of Communications Co., Limited	Dec. 31, 2017	Dec. 31, 2016
Disclosure of associates [line items]
Long-term profit growth rate	3.00%	5.00%
Long-term asset growth rate	3.00%	4.00%
Discount rate	11.85%	13.00%
Loan impairment charge as a percentage of customer advances in the long term	0.70%	0.70%
Risk-weighted assets as a percentage of total assets	62.00%	62.00%
Cost-income ratio		40.00%
Long-term profit growth rate
Disclosure of associates [line items]
Changes to key assumptions to reduce headroom to nil	(0.11%)
Long-term asset growth rate
Disclosure of associates [line items]
Changes to key assumptions to reduce headroom to nil	0.10%
Discount rate
Disclosure of associates [line items]
Changes to key assumptions to reduce headroom to nil	0.13%
Loan impairment charge as a percentage of customer advances
Disclosure of associates [line items]
Changes to key assumptions to reduce headroom to nil	0.02%
Risk-weighted assets as a percentage of total assets
Disclosure of associates [line items]
Changes to key assumptions to reduce headroom to nil	0.63%
Cost-income ratio
Disclosure of associates [line items]
Changes to key assumptions to reduce headroom to nil	0.46%
Bottom of range
Disclosure of associates [line items]
Discount rate	10.20%	10.20%
Loan impairment charge as a percentage of customer advances in the short to medium term	0.66%	0.72%
Cost-income ratio	37.10%
Top of range
Disclosure of associates [line items]
Discount rate	13.40%	15.00%
Loan impairment charge as a percentage of customer advances in the short to medium term	0.82%	0.87%
Cost-income ratio	38.00%

Interest in associates and j169

Interest in associates and joint ventures - Sensitivity of VIU (Details) - Bank of Communications Co., Limited - USD ($) $ in Billions	Dec. 31, 2017	Dec. 31, 2016
Long-term profit growth rate
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	2.00%	0.00%
Change in VIU due to reasonably possible favourable changes in key assumptions	$ 6.6	$ 0
VIU after reasonably possible favourable changes in key assumptions	$ 24.9	$ 16.1
Change in bps due to reasonably possible unfavourable changes in key assumptions	0.00%	(1.50%)
Change in VIU due to reasonably possible unfavourable changes in key assumptions	$ 0	$ (3.3)
VIU after reasonably possible unfavourable changes in key assumptions	$ 18.3	$ 12.8
Long-term asset growth rate
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	(0.20%)	(0.80%)
Change in VIU due to reasonably possible favourable changes in key assumptions	$ 0.5	$ 1.8
VIU after reasonably possible favourable changes in key assumptions	$ 18.9	$ 17.8
Change in bps due to reasonably possible unfavourable changes in key assumptions	2.00%	0.00%
Change in VIU due to reasonably possible unfavourable changes in key assumptions	$ (7.1)	$ 0
VIU after reasonably possible unfavourable changes in key assumptions	$ 11.2	$ 16.1
Discount rate
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	(0.35%)	(1.00%)
Change in VIU due to reasonably possible favourable changes in key assumptions	$ 0.7	$ 2.3
VIU after reasonably possible favourable changes in key assumptions	$ 19.1	$ 18.4
Change in bps due to reasonably possible unfavourable changes in key assumptions	0.65%	0.00%
Change in VIU due to reasonably possible unfavourable changes in key assumptions	$ (1.2)	$ 0
VIU after reasonably possible unfavourable changes in key assumptions	17.1	$ 16.1
Loan impairment charge as a percentage of customer advances
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions		0.00%
Change in VIU due to reasonably possible favourable changes in key assumptions	0.1	$ 0
VIU after reasonably possible favourable changes in key assumptions	18.5	16.1
Change in VIU due to reasonably possible unfavourable changes in key assumptions	(1.3)	(1.1)
VIU after reasonably possible unfavourable changes in key assumptions	$ 17	$ 15
Loan impairment charge as a percentage of customer advances | Not Later Than Four Years
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	0.71%
Change in bps due to reasonably possible unfavourable changes in key assumptions	0.90%	0.93%
Loan impairment charge as a percentage of customer advances | After Four Years
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	0.70%
Change in bps due to reasonably possible unfavourable changes in key assumptions	0.77%	0.80%
Risk-weighted assets as a percentage of total assets
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	60.00%	(0.30%)
Change in VIU due to reasonably possible favourable changes in key assumptions	$ 0.2	$ 0.1
VIU after reasonably possible favourable changes in key assumptions	$ 18.6	$ 16.2
Change in bps due to reasonably possible unfavourable changes in key assumptions	30.00%	1.70%
Change in VIU due to reasonably possible unfavourable changes in key assumptions	$ (0.1)	$ (0.6)
VIU after reasonably possible unfavourable changes in key assumptions	$ 18.2	$ 15.5
Cost-income ratio
Disclosure of associates [line items]
Change in bps due to reasonably possible favourable changes in key assumptions	(173.00%)	(1.70%)
Change in VIU due to reasonably possible favourable changes in key assumptions	$ 1.5	$ 0.9
VIU after reasonably possible favourable changes in key assumptions	$ 19.8	$ 17
Change in bps due to reasonably possible unfavourable changes in key assumptions	0.00%	2.50%
Change in VIU due to reasonably possible unfavourable changes in key assumptions	$ 0	$ (1.4)
VIU after reasonably possible unfavourable changes in key assumptions	18.3	14.7
Bottom of range
Disclosure of associates [line items]
Reasonably possible VIU	14.7	10.8
Top of range
Disclosure of associates [line items]
Reasonably possible VIU	$ 21.1	$ 19

Interest in associates and j170

Interest in associates and joint ventures - Selected balance sheet information of BoCom (Details) - USD ($) $ in Millions		Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure of associates [line items]
Cash and balances at central banks	[1]	$ 180,624		$ 128,009		$ 98,934
Loans and advances to HSBC undertakings		90,393		88,126
Loans and advances to customers		962,964		861,504		924,454
Other financial assets		14,353		12,298
Total assets		2,521,771		2,374,986		2,409,656
Total assets		69,922		59,939
Customer accounts		1,364,462		1,272,386		1,289,586
Other liabilities		21,202		19,483
Total liabilities		2,323,900		2,192,408
Total equity		$ 197,871		$ 182,578		$ 197,518	$ 199,978
Bank of Communications Co., Limited
Disclosure of associates [line items]
Cash and balances at central banks			$ 146,029		$ 137,844
Loans and advances to HSBC undertakings			120,403		101,436
Loans and advances to customers			662,706		566,126
Other financial assets			386,067		311,207
– other assets			58,202		48,922
Total assets			1,373,407		1,165,535
Total assets			366,993		297,442
Customer accounts			747,882		680,915
Other financial liabilities			123,751		69,954
Other liabilities			32,568		27,860
Total liabilities			1,271,194		1,076,171
Total equity			$ 102,213		$ 89,364
[1]	At 31 December 2017 $39,830m (2016: $35,501m) was not available for use by HSBC, of which $21,424m (2016: $21,108m) related to mandatory deposits at central banks.

Interest in associates and j171

Interest in associates and joint ventures - Reconciliation of BoCom's total shareholders' equity to carrying amount (Details) - USD ($) $ in Millions	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Disclosure of associates [line items]
Goodwill and other intangible assets	$ 23,453		$ 21,346
Carrying amount	22,577		19,874
Bank of Communications Co., Limited
Disclosure of associates [line items]
HSBC’s share of total shareholders’ equity		$ 17,551		$ 15,285
Goodwill and other intangible assets		506		480
Carrying amount	$ 18,057	$ 18,057	$ 15,765	$ 15,765

Interest in associates and j172

Interest in associates and joint ventures - Selected income statement information of BoCom (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Disclosure of associates [line items]
Net interest income	$ 40,995		$ 42,414		$ 47,189
Net fee and commission income	12,811		12,777		14,705
Loan impairment charges	(1,992)		(3,350)		(3,592)
Tax expense	(5,288)		(3,666)		(3,771)
Profit for the year	11,879		3,446		15,096
Other comprehensive income	9,383		(8,398)		(13,949)
Total comprehensive income	21,262		(4,952)		1,147
Dividends received from BoCom	$ 2,225		$ 475		$ 914
Bank of Communications Co., Limited
Disclosure of associates [line items]
Net interest income		$ 19,080		$ 20,614
Net fee and commission income		5,698		5,493
Loan impairment charges		(4,286)		(4,284)
Depreciation and amortisation		(1,342)		(1,216)
Tax expense		(2,234)		(2,800)
Profit for the year		10,288		10,151
Other comprehensive income		(624)		875
Total comprehensive income		9,664		11,026
Dividends received from BoCom		$ 565		$ 580

Interest in associates and j173

Interest in associates and joint ventures - Summarised aggregate financial information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of associates [line items]
Carrying amount	$ 22,577	$ 19,874
– total assets	2,521,771	2,374,986	$ 2,409,656
– total liabilities	2,323,900	2,192,408
Aggregated individually immaterial associates
Disclosure of associates [line items]
Carrying amount	4,520	4,109
– total assets	20,625	20,757
– total liabilities	16,119	16,661
– revenues	1,051	923
– profit or loss from continuing operations	$ 487	$ 454

Interest in associates and j174

Interest in associates and joint ventures - Joint ventures commentary (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Interests In Other Entities [Abstract]
Carrying amount of interests in joint ventures	$ 167	$ 155

Interest in associates and j175

Interest in associates and joint ventures - Associates and joint ventures commentary (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Interests In Other Entities [Abstract]
Tax on profit	$ 440	$ 542

Interest in associates and j176

Interest in associates and joint ventures - Movements in interests in associates and joint ventures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Interests In Other Entities [Abstract]
At 1 Jan	$ 20,029	$ 19,139
Additions	60	76
Disposals	(67)	(25)
Share of results	2,375	2,354	$ 2,556
Dividends	(740)	(751)
Exchange differences	1,144	(1,115)
Share of other comprehensive income of associates and joint ventures	(43)	54
Other movements	(14)	297
At 31 Dec	22,744	20,029	$ 19,139
Goodwill	$ 521	$ 488

Investments in subsidiaries - P

Investments in subsidiaries - Principal subsidiaries of HSBC Holdings (Details) - 12 months ended Dec. 31, 2017

$ / shares

£ / shares

SGD / shares

€ / shares

SFr / shares

TWD / shares

HKD / shares

AED / shares

¥ / shares

MYR / shares

BMD / shares

EGP / shares

AUD / shares

MXN / shares

CAD / shares

HSBC Bank plc

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC France

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

99.99%

HSBC Assurances Vie (France)

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Private Banking Holdings (Suisse) SA

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Trinkaus & Burkhardt AG

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

Hang Seng Bank Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

62.14%

HSBC Bank Australia Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Bank (China) Company Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Bank Malaysia Berhad

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Bank (Taiwan) Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Life (International) Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

The Hongkong and Shanghai Banking Corporation Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Bank (Singapore) Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Bank Middle East Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Bank Canada

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Securities (USA) Inc.

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank plc

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC France

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

99.99%

Par value per share (in dollars per share) | € / shares

€ 5

HSBC Holdings | HSBC Assurances Vie (France)

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

99.99%

HSBC Holdings | HSBC Private Banking Holdings (Suisse) SA

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Trinkaus & Burkhardt AG

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

80.67%

Par value per share (in dollars per share) | € / shares

0

HSBC Holdings | Hang Seng Bank Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

62.14%

HSBC Holdings | HSBC Bank Australia Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank (China) Company Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank Malaysia Berhad

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank (Taiwan) Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Life (International) Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | The Hongkong and Shanghai Banking Corporation Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank (Singapore) Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank Middle East Limited

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank Egypt S.A.E.

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

94.54%

HSBC Holdings | HSBC Bank Canada

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Bank USA, N.A.

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Securities (USA) Inc.

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

100.00%

HSBC Holdings | HSBC Mexico, S.A., Institución de Banca Múltiple, Grupo Financiero HSBC

Disclosure of subsidiaries [line items]

Proportion of ownership interest in subsidiary

99.99%

Ordinary shares

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | $ / shares

$ 0.50

Ordinary shares | HSBC Holdings | HSBC Bank plc

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | £ / shares

£ 1

Ordinary shares | HSBC Holdings | HSBC Assurances Vie (France)

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | € / shares

€ 287.5

Ordinary shares | HSBC Holdings | HSBC Private Banking Holdings (Suisse) SA

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | SFr / shares

SFr 1,000

Ordinary shares | HSBC Holdings | Hang Seng Bank Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | HKD / shares

HKD 5

Ordinary shares | HSBC Holdings | HSBC Bank Australia Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | AUD / shares

AUD 0

Ordinary shares | HSBC Holdings | HSBC Bank (China) Company Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | ¥ / shares

¥ 1

Ordinary shares | HSBC Holdings | HSBC Bank Malaysia Berhad

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | MYR / shares

MYR 0.50

Ordinary shares | HSBC Holdings | HSBC Bank (Taiwan) Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | TWD / shares

TWD 10

Ordinary shares | HSBC Holdings | HSBC Life (International) Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | BMD / shares

BMD 1

Ordinary shares | HSBC Holdings | The Hongkong and Shanghai Banking Corporation Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | HKD / shares

0

Ordinary shares | HSBC Holdings | HSBC Bank (Singapore) Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | SGD / shares

SGD 100

Ordinary shares | HSBC Holdings | HSBC Bank Middle East Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | AED / shares

AED 1

Ordinary shares | HSBC Holdings | HSBC Bank Egypt S.A.E.

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | EGP / shares

EGP 84

Ordinary shares | HSBC Holdings | HSBC Bank Canada

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | CAD / shares

CAD 0

Ordinary shares | HSBC Holdings | HSBC Bank USA, N.A.

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | $ / shares

100

Ordinary shares | HSBC Holdings | HSBC Securities (USA) Inc.

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | $ / shares

0.05

Ordinary shares | HSBC Holdings | HSBC Mexico, S.A., Institución de Banca Múltiple, Grupo Financiero HSBC

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | MXN / shares

MXN 2

Preference shares

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | $ / shares

0.01

Preference shares | HSBC Holdings | HSBC Bank plc

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | £ / shares

1

Preference shares | HSBC Holdings | HSBC Bank Canada

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | CAD / shares

CAD 0

Preference shares | HSBC Holdings | HSBC Bank USA, N.A.

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | $ / shares

$ 0.01

Non-cumulative third dollar preference shares | HSBC Holdings | HSBC Bank plc

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | £ / shares

£ 0.01

Cumulative irredeemable preference shares | HSBC Holdings | The Hongkong and Shanghai Banking Corporation Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | HKD / shares

1

Cumulative redeemable preference shares | HSBC Holdings | The Hongkong and Shanghai Banking Corporation Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | HKD / shares

1

Cumulative redeemable preference shares | HSBC Holdings | HSBC Bank Middle East Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | AED / shares

AED 1

Non-cumulative irredeemable preference shares | HSBC Holdings | The Hongkong and Shanghai Banking Corporation Limited

Disclosure of subsidiaries [line items]

Par value per share (in dollars per share) | HKD / shares

HKD 1

Investments in subsidiaries - I

Investments in subsidiaries - Investments in subsidiaries (commentary) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Interests In Other Entities [Abstract]
Increase (decrease) in subsidiaries	$ (2,920)	$ (1,920)
Increase (decrease) in subsidiary through return in capital	(4,070)	(3,898)
Increase (decrease) in subsidiaries through intra-group disposals	(242)	0
Increase (decrease) in subsidiaries through other movements	(352)	(95)
Increase (decrease) in subsidiaries through acquisitions	$ 1,744	$ 2,073

Investments in subsidiaries - S

Investments in subsidiaries - Subsidiaries with significant non-controlling interests (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of subsidiaries [line items]
Profit attributable to non-controlling interests	$ 1,081	$ 967	$ 1,574
Accumulated non-controlling interests of the subsidiary	7,621	7,192
Summarised Financial Information [Abstract]
– total assets	2,521,771	2,374,986	2,409,656
– total liabilities	2,323,900	2,192,408
– profit for the year	11,879	3,446	15,096
– total comprehensive income for the year	$ 21,262	$ (4,952)	$ 1,147
Hang Seng Bank Limited
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests	37.86%	37.86%
Proportion of voting rights held by non-controlling interests	37.86%	37.86%
Profit attributable to non-controlling interests	$ 997	$ 814
Accumulated non-controlling interests of the subsidiary	6,233	5,792
Dividends paid to non-controlling interests	594	811
Summarised Financial Information [Abstract]
– total assets	186,638	175,242
– total liabilities	169,275	159,035
– net operating income before loan impairment	4,556	3,937
– profit for the year	2,632	2,148
– total comprehensive income for the year	$ 2,895	$ 2,044

Structured entities - Total ass

Structured entities - Total assets of consolidated structured entities by entity type (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of information about consolidated structured entities [line items]
Total assets	$ 2,521,771	$ 2,374,986	$ 2,409,656
Conduits
Disclosure of information about consolidated structured entities [line items]
Total assets	12,900	15,800
Securitisations
Disclosure of information about consolidated structured entities [line items]
Total assets	4,800	5,700
HSBC managed funds
Disclosure of information about consolidated structured entities [line items]
Total assets	7,000	4,800
Other
Disclosure of information about consolidated structured entities [line items]
Total assets	3,200	3,700
Total
Disclosure of information about consolidated structured entities [line items]
Total assets	$ 27,900	$ 30,000

Structured entities - Conduits

Structured entities - Conduits (Details) - USD ($) $ in Billions	Dec. 31, 2017	Dec. 31, 2016
Securities investment conduits | Solitaire
Disclosure of information about consolidated structured entities [line items]
Asset backed securities	$ 3.2	$ 4.7
Commercial paper held by HSBC	4.6	6.1
Securities investment conduits | Barion and Malachite
Disclosure of information about consolidated structured entities [line items]
Maximum exposure	0.9	1.3
Multi-seller conduit
Disclosure of information about consolidated structured entities [line items]
Maximum exposure	$ 15.7	$ 15.2

Structured entities - Nature an

Structured entities - Nature and risks associated with interests in unconsolidated structured entities (Details) $ in Millions	Dec. 31, 2017USD ($)entity	Dec. 31, 2016USD ($)entity	Dec. 31, 2015USD ($)
Disclosure of unconsolidated structured entities [line items]
– trading assets	$ 287,995	$ 235,125
– financial assets designated at fair value	29,464	24,756
– loans and advances to banks	90,393	88,126
– loans and advances to customers	962,964	861,504	$ 924,454
– financial investments	13,128	15,406
– other liabilities	$ 21,202	$ 19,483
Securitisations
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	86	103
Total assets in relation to HSBC’s interests in the unconsolidated structured entities	$ 4,000	$ 2,400
– trading assets	0	0
– financial assets designated at fair value	0	0
– loans and advances to banks	0	0
– loans and advances to customers	4,000	2,400
– financial investments	0	0
– other assets	0	0
Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities	0	0
– other liabilities	0	0
Other off balance sheet commitments	0	0
HSBC's maximum exposure	$ 4,000	$ 2,400
Securitisations | 0 – 500
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	78	93
Securitisations | 500 – 2,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	6	10
Securitisations | 2,000 – 5,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	0	0
Securitisations | 5,000 – 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	2	0
Securitisations | Over 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	0	0
HSBC managed funds
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	406	448
Total assets in relation to HSBC’s interests in the unconsolidated structured entities	$ 9,100	$ 7,100
– trading assets	200	400
– financial assets designated at fair value	8,000	5,900
– loans and advances to banks	0	0
– loans and advances to customers	0	0
– financial investments	900	800
– other assets	0	0
Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities	0	0
– other liabilities	0	0
Other off balance sheet commitments	100	0
HSBC's maximum exposure	$ 9,200	$ 7,100
HSBC managed funds | 0 – 500
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	321	374
HSBC managed funds | 500 – 2,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	56	43
HSBC managed funds | 2,000 – 5,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	17	22
HSBC managed funds | 5,000 – 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	10	8
HSBC managed funds | Over 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	2	1
Non-HSBC managed funds
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	1,858	1,865
Total assets in relation to HSBC’s interests in the unconsolidated structured entities	$ 9,300	$ 8,300
– trading assets	200	100
– financial assets designated at fair value	8,300	7,500
– loans and advances to banks	0	0
– loans and advances to customers	0	0
– financial investments	800	700
– other assets	0	0
Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities	0	0
– other liabilities	0	0
Other off balance sheet commitments	2,200	2,700
HSBC's maximum exposure	$ 11,500	$ 11,000
Non-HSBC managed funds | 0 – 500
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	930	1,104
Non-HSBC managed funds | 500 – 2,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	578	498
Non-HSBC managed funds | 2,000 – 5,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	235	187
Non-HSBC managed funds | 5,000 – 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	104	72
Non-HSBC managed funds | Over 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	11	4
Other
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	214	105
Total assets in relation to HSBC’s interests in the unconsolidated structured entities	$ 4,100	$ 6,200
– trading assets	2,400	2,100
– financial assets designated at fair value	0	0
– loans and advances to banks	100	400
– loans and advances to customers	1,100	3,200
– financial investments	100	200
– other assets	400	300
Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities	300	200
– other liabilities	300	200
Other off balance sheet commitments	300	100
HSBC's maximum exposure	$ 4,400	$ 6,300
Other | 0 – 500
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	210	95
Other | 500 – 2,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	3	5
Other | 2,000 – 5,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	0	2
Other | 5,000 – 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	1	2
Other | Over 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	0	1
Total
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	2,564	2,521
Total assets in relation to HSBC’s interests in the unconsolidated structured entities	$ 26,500	$ 24,000
– trading assets	2,800	2,600
– financial assets designated at fair value	16,300	13,400
– loans and advances to banks	100	400
– loans and advances to customers	5,100	5,600
– financial investments	1,800	1,700
– other assets	400	300
Total liabilities in relation to HSBC’s interests in the unconsolidated structured entities	300	200
– other liabilities	300	200
Other off balance sheet commitments	2,600	2,800
HSBC's maximum exposure	$ 29,100	$ 26,800
Total | 0 – 500
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	1,539	1,666
Total | 500 – 2,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	643	556
Total | 2,000 – 5,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	252	211
Total | 5,000 – 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	117	82
Total | Over 25,000
Disclosure of unconsolidated structured entities [line items]
Number of entities | entity	13	6

Goodwill and intangible asse183

Goodwill and intangible assets - Goodwill and intangible assets (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of detailed information about intangible assets [line items]
Goodwill and intangible assets	$ 23,453	$ 21,346
Goodwill
Disclosure of detailed information about intangible assets [line items]
Goodwill and intangible assets	13,588	12,330
Present value of in-force long-term insurance business
Disclosure of detailed information about intangible assets [line items]
Goodwill and intangible assets	6,610	6,502	$ 5,685
Other intangible assets
Disclosure of detailed information about intangible assets [line items]
Goodwill and intangible assets	3,255	2,514
Internally generated software
Disclosure of detailed information about intangible assets [line items]
Intangible assets	$ 2,641	$ 1,982

Goodwill and intangible asse184

Goodwill and intangible assets - Movement analysis of goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of changes in intangible assets and goodwill [abstract]
Goodwill and intangible assets beginning balance	$ 21,346
Goodwill and intangible assets ending balance	23,453	$ 21,346
Goodwill
Reconciliation of changes in intangible assets and goodwill [abstract]
Goodwill and intangible assets beginning balance	12,330
Goodwill and intangible assets ending balance	13,588	12,330
Goodwill | Gross amount
Reconciliation of changes in intangible assets and goodwill [abstract]
Goodwill and intangible assets beginning balance	21,445	22,187
Exchange differences	1,490	(562)
Reclassified to held for sale	0	(183)
Other	(33)	3
Goodwill and intangible assets ending balance	22,902	21,445
Goodwill | Accumulated impairment losses
Reconciliation of changes in intangible assets and goodwill [abstract]
Goodwill and intangible assets beginning balance	(9,115)	(5,893)
Exchange differences	(327)	0
Impairment losses	0	(3,240)
Other	(128)	(18)
Goodwill and intangible assets ending balance	$ (9,314)	$ (9,115)

Goodwill and intangible asse185

Goodwill and intangible assets - Key assumptions in VIU calculation (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	$ 23,453	$ 21,346
Goodwill
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	13,588	12,330
Europe | Retail Banking and Wealth Management | Goodwill
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	$ 3,508	$ 3,446
Discount rate	8.90%	8.90%
Nominal growth rate beyond initial cash flow projections	3.70%	3.60%
Europe | Commercial Banking | Goodwill
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	$ 2,570	$ 2,517
Discount rate	9.90%	9.70%
Nominal growth rate beyond initial cash flow projections	3.60%	3.80%
Global | Global Banking and Markets | Goodwill
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	$ 4,000
Discount rate	10.60%
Nominal growth rate beyond initial cash flow projections	5.80%

Goodwill and intangible asse186

Goodwill and intangible assets - Impairment testing (commentary) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	$ 23,453	$ 21,346
Goodwill
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	13,588	12,330
Aggregate cash-generating units for which amount of goodwill or intangible assets with indefinite useful lives is not significant | Goodwill
Disclosure of reconciliation of changes in intangible assets and goodwill [line items]
Goodwill and intangible assets	$ 3,059	$ 3,025

Goodwill and intangible asse187

Goodwill and intangible assets - Movements in present value in-force long-term insurance contracts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of changes in intangible assets and goodwill [abstract]
Goodwill and intangible assets beginning balance	$ 21,346
Goodwill and intangible assets ending balance	23,453	$ 21,346
Present value of in-force long-term insurance business
Reconciliation of changes in intangible assets and goodwill [abstract]
Goodwill and intangible assets beginning balance	6,502	5,685
Change in PVIF of long-term insurance business	24	902
– value of new business written during the year	919	900
– expected return	(599)	(532)
– assumption changes and experience variances	(280)	513
Other	(16)	21
Reclassified to held for sale	0	(45)
Exchange differences	84	(40)
Goodwill and intangible assets ending balance	$ 6,610	$ 6,502

Goodwill and intangible asse188

Goodwill and intangible assets - Assumption changes and experience adjustments (Details) - Present value of in-force long-term insurance business - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about intangible assets [line items]
Regulatory-driven changes	$ (98)	$ 279
Future sharing of returns with policyholders on contracts with discretionary features	(141)	301
Other changes	$ (41)	$ (67)

Goodwill and intangible asse189

Goodwill and intangible assets - Key assumptions used in the computation of present value in-force long term insurance contracts (Details) - Present value of in-force long-term insurance business - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Hong Kong
Disclosure of detailed information about intangible assets [line items]
Weighted average risk-free rate	2.02%	2.09%
Weighted average risk discount rate	6.20%	6.34%
Expense inflation	3.00%	3.00%
France
Disclosure of detailed information about intangible assets [line items]
Weighted average risk-free rate	1.50%	0.99%
Weighted average risk discount rate	2.20%	1.84%
Expense inflation	1.48%	1.66%
Risk discount rate	2.20%	1.84%
Risk Margin	$ 80	$ 101

Prepayments, accrued income 190

Prepayments, accrued income and other assets (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Subclassifications of assets, liabilities and equities [abstract]
Prepayments and accrued income	$ 7,929	$ 7,335
Assets held for sale	781	4,389
Bullion	13,128	15,406
Endorsements and acceptances	9,750	8,574
Reinsurers' share of liabilities under insurance contracts	2,471	1,820
Employee benefit assets	8,752	4,714
Other financial assets	14,353	12,298
Property, plant and equipment	10,027	9,373
Prepayments, Accrued Income And Other Assets	67,191	63,909
Financial assets at amortised cost	$ 30,431	$ 26,927

Trading liabilities - Summary

Trading liabilities - Summary of trading liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial liabilities [line items]
Financial liabilities	$ 2,220,739	$ 2,099,449
Trading liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	184,361	153,691
Deposits by banks
Disclosure of financial liabilities [line items]
Financial liabilities	69,922	59,939
Deposits by banks | Trading liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	23,297	24,827
Customer accounts
Disclosure of financial liabilities [line items]
Financial liabilities	1,364,462	1,272,386
Customer accounts | Trading liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	52,595	45,085
Debt securities in issue
Disclosure of financial liabilities [line items]
Financial liabilities	169,639	155,683
Debt securities in issue | Trading liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	40,734	32,656
Other liabilities – net short positions in securities | Trading liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	$ 67,735	$ 51,123

Trading liabilities - Narrativ

Trading liabilities - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Financial Instruments [Abstract]
Gains (losses) on financial liabilities at fair value through profit or loss, classified as held for trading	$ 543	$ 2

Financial liabilties designa193

Financial liabilties designated at fair value - Summary of Financial Liabilities at Fair Value (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial liabilities [line items]
Financial liabilities	$ 2,220,739	$ 2,099,449
Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	94,429	86,832
Deposits by banks and customer accounts | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	145	135
Liabilities to customers under investment contracts | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	5,635	6,002
Debt securities
Disclosure of financial liabilities [line items]
Financial liabilities	169,639	155,683
Debt securities | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	64,359	57,112
Subordinated Liabilities | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	23,831	23,172
Preferred securities | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	459	411
HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	87,730	75,796
HSBC Holdings | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	30,890	30,113
HSBC Holdings | Debt securities
Disclosure of financial liabilities [line items]
Financial liabilities	51,754	38,571
HSBC Holdings | Debt securities | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	17,496	16,766
HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	29,271	28,536
HSBC Holdings | Subordinated Liabilities | Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	$ 13,394	$ 13,347

Financial liabilties designa194

Financial liabilties designated at fair value - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial liabilities [line items]
Difference between carrying amount of financial liability and amount contractually required to pay at maturity to holder of obligation	$ 5,343	$ 4,413
Total gains/(losses) recognised in profit or loss	(4,107)	(1,672)
HSBC Holdings
Disclosure of financial liabilities [line items]
Difference between carrying amount of financial liability and amount contractually required to pay at maturity to holder of obligation	3,370	2,681
Total gains/(losses) recognised in profit or loss	$ (2,209)	$ (1,202)

Debt securities in issue - Sum

Debt securities in issue - Summary of debt securities in issue (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	$ 2,220,739	$ 2,099,449
Trading liabilities
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	184,361	153,691
Financial liabilities designated at fair value
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	94,429	86,832
Debt securities
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	169,639	155,683
Debt securities | Trading liabilities
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	40,734	32,656
Debt securities | Financial liabilities designated at fair value
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	64,359	57,112
Debt securities | At cost
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	64,546	65,915
Bonds and medium-term notes
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	146,539	133,721
Other debt securities in issue
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	23,100	21,962
HSBC Holdings
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	87,730	75,796
HSBC Holdings | Financial liabilities designated at fair value
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	30,890	30,113
HSBC Holdings | Debt securities
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	51,754	38,571
HSBC Holdings | Debt securities | Financial liabilities designated at fair value
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	17,496	16,766
HSBC Holdings | Debt securities | At cost
Disclosure of detailed information about financial instruments [line items]
Financial liabilities	$ 34,258	$ 21,805

Accruals, deferred income an196

Accruals, deferred income and other liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Subclassifications of assets, liabilities and equities [abstract]
Accruals and deferred income	$ 11,521	$ 10,770
Endorsements and acceptances	9,746	8,567
Employee benefit liabilities	2,152	2,681
Liabilities of disposal groups held for sale	1,286	2,790
Other liabilities	21,202	19,483
Total accruals, deferred income and other liabilities	45,907	44,291
Financial liabilities at amortised cost	$ 34,048	$ 30,932

Provisions - Rollforward of pro

Provisions - Rollforward of provisions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of changes in other provisions [abstract]
Other provisions	$ 4,773	$ 5,552
Additions	2,220	2,784
Amounts utilised	(1,882)	(2,798)
Unused amounts reversed	(1,377)	(567)
Unwinding of discounts	8	6
Exchange and other movements	269	(204)
Other provisions	4,011	4,773
Restructuring costs
Reconciliation of changes in other provisions [abstract]
Other provisions	551	463
Additions	204	415
Amounts utilised	(353)	(168)
Unused amounts reversed	(103)	(115)
Unwinding of discounts	0	0
Exchange and other movements	35	(44)
Other provisions	334	551
Contractual commitments
Reconciliation of changes in other provisions [abstract]
Other provisions	298	240
Additions	87	141
Amounts utilised	(3)	(1)
Unused amounts reversed	(135)	(97)
Unwinding of discounts	(1)	0
Exchange and other movements	7	15
Other provisions	253	298
Legal proceedings and regulatory matters
Reconciliation of changes in other provisions [abstract]
Other provisions	2,436	3,174
Additions	829	1,258
Amounts utilised	(850)	(1,831)
Unused amounts reversed	(980)	(165)
Unwinding of discounts	0	0
Exchange and other movements	66	0
Other provisions	1,501	2,436
Customer remediation
Reconciliation of changes in other provisions [abstract]
Other provisions	1,124	1,340
Additions	820	762
Amounts utilised	(543)	(680)
Unused amounts reversed	(52)	(94)
Unwinding of discounts	0	0
Exchange and other movements	105	(204)
Other provisions	1,454	1,124
Other provisions
Reconciliation of changes in other provisions [abstract]
Other provisions	364	335
Additions	280	208
Amounts utilised	(133)	(118)
Unused amounts reversed	(107)	(96)
Unwinding of discounts	9	6
Exchange and other movements	56	29
Other provisions	$ 469	$ 364

Provisions - Payment protection

Provisions - Payment protection insurance (Details) policy in Millions, complaint in Millions, $ in Millions	12 Months Ended			78 Months Ended	216 Months Ended
	Dec. 31, 2017USD ($)complaintpolicy	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2017USD ($)complaintpolicy	Dec. 31, 2017USD ($)complaintpolicy
Disclosure of other provisions [line items]
Other provisions	$ 4,011	$ 4,773	$ 5,552	$ 4,011	$ 4,011
Additions	2,220	2,784
Amounts utilised	1,882	2,798
Net insurance premium income	9,779	9,951	$ 10,355
Insurance Provision [Member]
Disclosure of other provisions [line items]
Other provisions	1,174	$ 919		1,174	$ 1,174
Additions				5,100
Amounts utilised				$ 3,900
Increase in provisions	$ 637
Liability calculation, annual basis spread on simple interest rate	8.00%
Payment Protection Insurance
Disclosure of other provisions [line items]
Number of policies sold | policy					5.4
Net insurance premium income					$ 3,300
Gross written premiums					$ 4,400
Number of complaints expected to be received | complaint	2.2			2.2	2.2
Complaints expected to be received as a percent of policies sold	41.00%			41.00%	41.00%
Number of policies expected to make contact | policy	2.6			2.6	2.6
Policies expected to make contact, as a percent of principal	48.00%			48.00%	48.00%

Provisions - Cumulative payment

Provisions - Cumulative payment protection insurance complains received and future claims expected (Details) - Payment Protection Insurance policy in Thousands	Dec. 31, 2017USD ($)policy
Disclosure of other provisions [line items]
Cumulative actual inbound complaints (000s of policies)	1,555
Future expected inbound complaints (000s of policies)	363
Cumulative actual outbound contact (000s of policies)	685
Future expected outbound contact (000s of policies)	0
Cumulative actual response rate to outbound contact	44.00%
Cumulative actual average uphold rate per claim	76.00%
Future expected average uphold rate per claim	84.00%
Cumulative actual average redress per claim ($) | $	$ 2,564
Future expected average redress per claim ($) | $	$ 3,029
Cumulative actual complaints to Financial Ombudsman Service (000s of policies)	144
Future expected complaints to Financial Ombudsman Service (000s of policies)	26
Cumulative actual average uphold rate per Financial Ombudsman Service claim	40.00%
Future expected average uphold rate per Financial Ombudsman Service claim	47.00%

Provisions - Sensitivity analys

Provisions - Sensitivity analysis of inbound and outbound claims (Details) $ in Millions	Dec. 31, 2017USD ($)policy
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
Reasonably possible increase in number of inbound claims	100,000
Reasonably possible decrease in number of inbound claims	100,000
Increase (decrease) in redress provision due to reasonably possible increase in inbound claims | $	$ 194

Subordinated liabilities - HSBC

Subordinated liabilities - HSBC's subordinated liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial liabilities [line items]
Financial liabilities	$ 2,220,739	$ 2,099,449
HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	87,730	75,796
Subordinated liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	44,116	44,567
Subordinated liabilities | HSBC Subsidiaries
Disclosure of financial liabilities [line items]
Financial liabilities	15,470	16,860
Subordinated liabilities | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	28,646	27,707
Subordinated Liabilities | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	29,271	28,536
At cost | Subordinated liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	19,826	20,984
At cost | Subordinated liabilities | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	15,877	15,189
At cost | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	17,988	19,230
At cost | Subordinated Liabilities | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	15,877	15,189
At cost | Preferred securities
Disclosure of financial liabilities [line items]
Financial liabilities	1,838	1,754
Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	94,429	86,832
Financial liabilities designated at fair value | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	30,890	30,113
Financial liabilities designated at fair value | Subordinated liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	24,290	23,583
Financial liabilities designated at fair value | Subordinated liabilities | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	13,394	13,347
Financial liabilities designated at fair value | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	23,831	23,172
Financial liabilities designated at fair value | Subordinated Liabilities | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	13,394	13,347
Financial liabilities designated at fair value | Preferred securities
Disclosure of financial liabilities [line items]
Financial liabilities	$ 459	$ 411

Subordinated liabilities - H202

Subordinated liabilities - HSBC's subordinated liabilities (commentary) (Details)	Dec. 31, 2017
Preferred securities
Disclosure of financial liabilities [line items]
Preferred securities maximum rate	10.176%

Subordinated liabilities - H203

Subordinated liabilities - HSBC's subordinated liabilities in issue (Details) £ in Millions, MYR in Millions, CAD in Millions, $ in Millions	Dec. 31, 2017USD ($)	Dec. 31, 2017GBP (£)	Dec. 31, 2017MYR	Dec. 31, 2017CAD	Dec. 31, 2016USD ($)	Dec. 31, 2016MYR
Disclosure of financial liabilities [line items]
Financial liabilities	$ 2,220,739				$ 2,099,449
Subordinated liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	44,116				44,567
HSBC Subsidiaries | Subordinated liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	15,470				16,860
HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	87,730				75,796
HSBC Holdings | Subordinated liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	28,646				27,707
HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	29,271				28,536
6.676% senior subordinated notes | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	509
Non-convertible subordinated obligations | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	60
Guaranteed By HSBC Holdings plc | HSBC Subsidiaries | Preferred securities
Disclosure of financial liabilities [line items]
Financial liabilities	892				891
Guaranteed By HSBC Holdings plc | 10.176% non-cumulative step-up perpetual preferred securities, series 2 | HSBC Subsidiaries | Preferred securities
Disclosure of financial liabilities [line items]
Notional amount	$ 900
Preferred securities rate	10.176%	10.176%	10.176%	10.176%
Financial liabilities	$ 892				891
Guaranteed By HSBC Bank plc | HSBC Subsidiaries | Preferred securities
Disclosure of financial liabilities [line items]
Financial liabilities	$ 1,405				1,274
Guaranteed By HSBC Bank plc | 5.862% non-cumulative step-up perpetual preferred securities | HSBC Subsidiaries | Preferred securities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 300
Preferred securities rate	5.862%	5.862%	5.862%	5.862%
Financial liabilities	$ 459				411
Guaranteed By HSBC Bank plc | 5.844% non-cumulative step-up perpetual preferred securities | HSBC Subsidiaries | Preferred securities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 700
Preferred securities rate	5.844%	5.844%	5.844%	5.844%
Financial liabilities	$ 946				863
HSBC Bank plc | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	5,427				5,003
HSBC Bank plc | $750m Undated Floating Rate Primary Capital Notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	750
Financial liabilities	750				750
HSBC Bank plc | $500m Undated Floating Rate Primary Capital Notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	500
Financial liabilities	500				500
HSBC Bank plc | $300m Undated Floating Rate Primary Capital Notes, Series 3 | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	300
Financial liabilities	300				300
HSBC Bank plc | 7.65% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 300
Borrowings interest rate	7.65%	7.65%	7.65%	7.65%
Financial liabilities	$ 375				372
HSBC Bank plc | 5.00% callable subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 350
Borrowings interest rate	5.00%	5.00%	5.00%	5.00%
Financial liabilities	$ 496				466
HSBC Bank plc | 6.50% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 300
Borrowings interest rate	6.50%	6.50%	6.50%	6.50%
Financial liabilities	$ 405				369
HSBC Bank plc | 5.375% callable subordinated step-up notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 350
Borrowings interest rate	5.375%	5.375%	5.375%	5.375%
Financial liabilities	$ 584				489
HSBC Bank plc | 5.375% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 500
Borrowings interest rate	5.375%	5.375%	5.375%	5.375%
Financial liabilities	$ 912				750
HSBC Bank plc | 6.25% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 225
Borrowings interest rate	6.25%	6.25%	6.25%	6.25%
Financial liabilities	$ 303				276
HSBC Bank plc | 4.75% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 600
Borrowings interest rate	4.75%	4.75%	4.75%	4.75%
Financial liabilities	$ 802				731
The Hongkong and Shanghai Banking Corporation Limited | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	400				400
The Hongkong and Shanghai Banking Corporation Limited | Primary capital undated floating rate notes (third series) | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	400
Financial liabilities	400				400
HSBC Bank Malaysia Berhad | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	123				$ 224
HSBC Bank Malaysia Berhad | 4.35% subordinated bonds | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | MYR						MYR 500
Borrowings interest rate					4.35%	4.35%
Financial liabilities	$ 0				$ 112
HSBC Bank Malaysia Berhad | 5.05% subordinated bonds | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | MYR			MYR 500
Borrowings interest rate	5.05%	5.05%	5.05%	5.05%
Financial liabilities	$ 123				112
HSBC Securities (USA) Inc. | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	1,246				1,252
HSBC Securities (USA) Inc. | 5.00% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 750
Borrowings interest rate	5.00%	5.00%	5.00%	5.00%
Financial liabilities	$ 748				748
HSBC Securities (USA) Inc. | 7.20% subordinated debentures | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 250
Borrowings interest rate	7.20%	7.20%	7.20%	7.20%
Financial liabilities	$ 221				220
HSBC Securities (USA) Inc. | Other subordinated liabilities each less than $150m | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	277				284
HSBC Bank USA, N.A. | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	4,163				4,455
HSBC Bank USA, N.A. | 6.00% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount					$ 500
Borrowings interest rate					6.00%	6.00%
Financial liabilities	0				$ 498
HSBC Bank USA, N.A. | 4.875% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 1,250
Borrowings interest rate	4.875%	4.875%	4.875%	4.875%
Financial liabilities	$ 1,236				1,257
HSBC Bank USA, N.A. | 5.875% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 1,000
Borrowings interest rate	5.875%	5.875%	5.875%	5.875%
Financial liabilities	$ 1,272				1,137
HSBC Bank USA, N.A. | 5.625% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 750
Borrowings interest rate	5.625%	5.625%	5.625%	5.625%
Financial liabilities	$ 955				862
HSBC Bank USA, N.A. | 7.00% subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 700
Borrowings interest rate	7.00%	7.00%	7.00%	7.00%
Financial liabilities	$ 700				701
HSBC Finance Corporation | 6.676% senior subordinated notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 2,939
Borrowings interest rate	6.676%	6.676%	6.676%	6.676%
Financial liabilities	$ 1,092				2,192
HSBC Bank Canada | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	31				328
HSBC Bank Canada | Other subordinated liabilities each less than $150m | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	$ 31				29
HSBC Bank Canada | 4.80% subordinated debentures | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | CAD				CAD 400
Borrowings interest rate	4.80%	4.80%	4.80%	4.80%
Financial liabilities	$ 0				299
HSBC Mexico, S.A. | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	355				438
HSBC Mexico, S.A. | Other subordinated liabilities each less than $150m | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	115				198
HSBC Mexico, S.A. | Non-convertible subordinated obligations | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	300
Financial liabilities	240				240
Other HSBC Subsidiaries | Other subordinated liabilities each less than $200m | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	$ 336				$ 403
Three Month London Interbank Offered Rate LIBOR | HSBC Bank plc | 5.375% callable subordinated step-up notes | HSBC Subsidiaries | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Borrowings, adjustment to interest rate basis	1.50%	1.50%	1.50%	1.50%

Subordinated liabilities - H204

Subordinated liabilities - HSBC Holdings Subordinated Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial liabilities [line items]
Financial liabilities	$ 2,220,739	$ 2,099,449
HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	87,730	75,796
HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	29,271	28,536
At cost | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	17,988	19,230
At cost | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	15,877	15,189
Financial liabilities designated at fair value
Disclosure of financial liabilities [line items]
Financial liabilities	94,429	86,832
Financial liabilities designated at fair value | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	23,831	23,172
Financial liabilities designated at fair value | HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	30,890	30,113
Financial liabilities designated at fair value | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	$ 13,394	$ 13,347

Subordinated liabilities - H205

Subordinated liabilities - HSBC Holdings' schedule of subordinated liabilities (Details) € in Millions, £ in Millions, $ in Millions	Dec. 31, 2017USD ($)	Dec. 31, 2017GBP (£)	Dec. 31, 2017EUR (€)	Dec. 31, 2016USD ($)	Dec. 31, 2016GBP (£)
Disclosure of financial liabilities [line items]
Financial liabilities	$ 2,220,739			$ 2,099,449
HSBC Holdings
Disclosure of financial liabilities [line items]
Financial liabilities	87,730			75,796
HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	29,271			28,536
Borrowings Issued To Third Parties | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	28,379			27,645
4.25% Subordinated Notes Due March 2024 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 2,000
Borrowings interest rate	4.25%	4.25%	4.25%
Financial liabilities	$ 2,038			2,060
4.25% Subordinated Notes Due June 2025 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 1,500
Borrowings interest rate	4.25%	4.25%	4.25%
Financial liabilities	$ 1,586			1,539
4.375% Subordinated Notes Due Nov 2026 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 1,500
Borrowings interest rate	4.375%	4.375%	4.375%
Financial liabilities	$ 1,580			1,520
7.625% Subordinated Notes Due May 2032 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 488
Borrowings interest rate	7.625%	7.625%	7.625%
Financial liabilities	$ 553			528
7.35% Subordinated Notes Due November 2032 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 222
Borrowings interest rate	7.35%	7.35%	7.35%
Financial liabilities	$ 248			278
6.5% Subordinated Notes Due May 2036 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 2,000
Borrowings interest rate	6.50%	6.50%	6.50%
Financial liabilities	$ 2,042			2,029
6.5% Subordinated Notes Due September 2037 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 2,500
Borrowings interest rate	6.50%	6.50%	6.50%
Financial liabilities	$ 3,365			3,170
6.8% Subordinated Notes Due June 2038 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 1,500
Borrowings interest rate	6.80%	6.80%	6.80%
Financial liabilities	$ 1,489			1,487
5.25% Subordinated Notes Due March 2044 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 1,500
Borrowings interest rate	5.25%	5.25%	5.25%
Financial liabilities	$ 1,755			$ 1,747
6.375% Subordinated Notes Due October 2022 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £					£ 900
Borrowings interest rate				6.375%	6.375%
Financial liabilities				$ 1,163
5.75% Subordinated Notes Due December 2027 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 650
Borrowings interest rate	5.75%	5.75%	5.75%
Financial liabilities	$ 1,114			932
6.75% Subordinated Notes Due September 2028 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 650
Borrowings interest rate	6.75%	6.75%	6.75%
Financial liabilities	$ 873			793
7.0% Subordinated Notes Due April 2038 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 750
Borrowings interest rate	7.00%	7.00%	7.00%
Financial liabilities	$ 1,043			971
6.0% Subordinated Notes Due March 2040 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | £		£ 900
Borrowings interest rate	6.00%	6.00%	6.00%
Financial liabilities	$ 1,199			1,086
6.25% Subordinated Notes Due March 2018 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | €			€ 1,600
Borrowings interest rate	6.25%	6.25%	6.25%
Financial liabilities	$ 1,918			1,693
6.0% Subordinated Notes Due June 2019 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | €			€ 1,750
Borrowings interest rate	6.00%	6.00%	6.00%
Financial liabilities	$ 2,349			2,168
3.375% Subordinated Notes Due January 2024 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | €			€ 1,500
Borrowings interest rate	3.375%	3.375%	3.375%
Financial liabilities	$ 1,827			1,626
3.0% Subordinated Notes Due June 2025 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | €			€ 1,500
Borrowings interest rate	3.00%	3.00%	3.00%
Financial liabilities	$ 2,037			1,716
3.125% Subordinated Notes Due June 2028 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount | €			€ 1,000
Borrowings interest rate	3.125%	3.125%	3.125%
Financial liabilities	$ 1,363			1,139
Borrowings Issued To Related Parties | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Financial liabilities	892			891
10.176% Subordinated Step-up Cumulative Notes Due June 2040 | HSBC Holdings | Subordinated Liabilities
Disclosure of financial liabilities [line items]
Notional amount	$ 900
Borrowings interest rate	10.176%	10.176%	10.176%
Financial liabilities	$ 892			$ 891

Maturity analysis of assets,206

Maturity analysis of assets, liabilities and off-balance sheet commitments (Details) - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financial assets
Cash and balances at central banks	[1]	$ 180,624	$ 128,009	$ 98,934
Items in the course of collection from other banks	[1]	6,628	5,003	5,768
Hong Kong Government certificates of indebtedness		34,186	31,228
Trading assets		287,995	235,125
Financial assets designated at fair value		29,464	24,756
Derivatives		219,818	290,872
Loans and advances to banks		90,393	88,126
Loans and advances to customers		962,964	861,504	924,454
– personal		374,762	337,826
– corporate and commercial		516,754	460,209
– financial		71,448	63,469
Reverse repurchase agreements – non-trading		201,553	160,974
Financial investments		389,076	436,797
Accrued income and other financial assets		31,084	30,902
Financial assets		2,433,785	2,293,296
Non-financial assets		87,986	81,690
Total assets		2,521,771	2,374,986	2,409,656
Off-balance sheet commitments received
Loan and other credit-related commitments		5,899	4,973
Financial liabilities
Hong Kong currency notes in circulation		34,186	31,228
Deposits from banks		69,922	59,939
Customer accounts		1,364,462	1,272,386	1,289,586
– personal		701,433	641,597
– corporate and commercial		492,895	469,864
– financial		170,134	160,925
Repurchase agreements – non-trading		130,002	88,958
Items in the course of transmission to other banks	[1]	6,850	5,977	5,638
Trading liabilities		184,361	153,691
Financial liabilities designated at fair value		94,429	86,832
Derivatives		216,821	279,819
Debt securities in issue		64,546	65,915
Accruals and other financial liabilities		35,334	33,720
Subordinated liabilities		19,826	20,984
Financial liabilities		2,220,739	2,099,449
Non-financial liabilities		103,161	92,959
Total liabilities		2,323,900	2,192,408
Off-balance sheet commitments given
Loan and other credit-related commitments		685,589	655,843
Customer accounts, insured by guarantee schemes		386,417	343,782
HSBC Holdings
Financial assets
– balances with HSBC undertakings		1,985	247	$ 242
Derivatives		2,388	2,148
Loans and advances to banks		76,627	77,421
Loans and advances to HSBC undertakings designated at fair value		11,944	0
Financial investments		4,264	3,590
Accrued income and other financial assets		127	119
Financial assets		97,335	83,525
Non-financial assets		94,399	97,273
Total assets		191,734	180,798
Financial liabilities
Amounts owed to HSBC undertakings		2,571	2,157
Financial liabilities designated at fair value		30,890	30,113
Derivatives		3,082	5,025
Debt securities in issue		34,258	21,805
Accruals and other financial liabilities		1,052	1,507
Subordinated liabilities		15,877	15,189
Financial liabilities		87,730	75,796
Non-financial liabilities		217	144
Total liabilities		87,947	75,940
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
– personal
Off-balance sheet commitments given
Loan and other credit-related commitments		194,310	183,810
– corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		434,125	403,476
– financial
Off-balance sheet commitments given
Loan and other credit-related commitments		57,154	68,557
Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		4,569	6,003
Debt securities in issue		48	126
Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		59,790	51,109
Debt securities in issue		56,808	54,680
Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		24,290	23,583
Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		13,394	13,347
Other
Financial liabilities
Financial liabilities designated at fair value		5,780	6,137
Debt securities in issue: secured
Financial liabilities
Debt securities in issue		7,690	11,109
Debt securities
Financial liabilities
Financial liabilities		169,639	155,683
Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		17,496	16,766
Financial liabilities		51,754	38,571
Due not more than 1 month
Financial assets
Cash and balances at central banks		180,624	128,009
Items in the course of collection from other banks		6,628	5,003
Hong Kong Government certificates of indebtedness		34,186	31,228
Trading assets		284,781	232,550
Financial assets designated at fair value		612	176
Derivatives		218,103	287,749
Loans and advances to banks		61,968	59,636
Loans and advances to customers		195,577	167,531
– personal		42,593	39,295
– corporate and commercial		124,669	108,906
– financial		28,315	19,330
Reverse repurchase agreements – non-trading		144,244	115,942
Financial investments		31,981	36,932
Accrued income and other financial assets		19,259	16,885
Financial assets		1,177,963	1,081,641
Non-financial assets		0	0
Total assets		1,177,963	1,081,641
Off-balance sheet commitments received
Loan and other credit-related commitments		2,431	2,813
Financial liabilities
Hong Kong currency notes in circulation		34,186	31,228
Deposits from banks		56,829	46,306
Customer accounts		1,269,003	1,180,641
– personal		648,040	590,654
– corporate and commercial		458,937	436,666
– financial		162,026	153,321
Repurchase agreements – non-trading		113,208	82,330
Items in the course of transmission to other banks		6,850	5,977
Trading liabilities		145,028	121,707
Financial liabilities designated at fair value		80	1,659
Derivatives		213,011	274,965
Debt securities in issue		6,081	4,708
Accruals and other financial liabilities		18,009	19,052
Subordinated liabilities		0	12
Financial liabilities		1,862,285	1,768,585
Non-financial liabilities		0	0
Total liabilities		1,862,285	1,768,585
Off-balance sheet commitments given
Loan and other credit-related commitments		628,070	609,923
Due not more than 1 month | HSBC Holdings
Financial assets
– balances with HSBC undertakings		1,985	247
Derivatives		1,952	1,702
Loans and advances to banks		4,861	16,372
Loans and advances to HSBC undertakings designated at fair value
Financial investments		17	40
Accrued income and other financial assets		0	12
Financial assets		8,815	18,373
Non-financial assets		0	0
Total assets		8,815	18,373
Financial liabilities
Amounts owed to HSBC undertakings		120	2,052
Financial liabilities designated at fair value		0	0
Derivatives		2,008	3,841
Debt securities in issue		0	0
Accruals and other financial liabilities		439	75
Subordinated liabilities		0	0
Financial liabilities		2,567	5,968
Non-financial liabilities		0	0
Total liabilities		2,567	5,968
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due not more than 1 month | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		187,545	177,462
Due not more than 1 month | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		388,778	366,573
Due not more than 1 month | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		51,747	65,888
Due not more than 1 month | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		0	1,587
Debt securities in issue		0	0
Due not more than 1 month | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		55	25
Debt securities in issue		2,602	1,501
Due not more than 1 month | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		0	0
Due not more than 1 month | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due not more than 1 month | Other
Financial liabilities
Financial liabilities designated at fair value		25	47
Due not more than 1 month | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		3,479	3,207
Due not more than 1 month | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 1 month but not more than 3 months
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		1,432	758
Financial assets designated at fair value		93	182
Derivatives		162	149
Loans and advances to banks		10,665	13,404
Loans and advances to customers		65,469	61,693
– personal		9,126	7,812
– corporate and commercial		50,532	48,333
– financial		5,811	5,548
Reverse repurchase agreements – non-trading		30,289	25,525
Financial investments		51,487	59,826
Accrued income and other financial assets		5,795	8,050
Financial assets		165,392	169,587
Non-financial assets		0	0
Total assets		165,392	169,587
Off-balance sheet commitments received
Loan and other credit-related commitments		0	0
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		1,961	4,075
Customer accounts		44,129	45,245
– personal		22,938	22,222
– corporate and commercial		16,496	17,460
– financial		4,695	5,563
Repurchase agreements – non-trading		14,042	2,707
Items in the course of transmission to other banks		0	0
Trading liabilities		2,026	2,053
Financial liabilities designated at fair value		281	958
Derivatives		79	39
Debt securities in issue		6,295	8,598
Accruals and other financial liabilities		9,547	8,172
Subordinated liabilities		1,918	0
Financial liabilities		80,278	71,847
Non-financial liabilities		0	0
Total liabilities		80,278	71,847
Off-balance sheet commitments given
Loan and other credit-related commitments		38,736	29,752
Due over 1 month but not more than 3 months | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		0	0
Loans and advances to banks		13,039	0
Loans and advances to HSBC undertakings designated at fair value		0
Financial investments		3	2
Accrued income and other financial assets		4	0
Financial assets		13,046	2
Non-financial assets		0	0
Total assets		13,046	2
Financial liabilities
Amounts owed to HSBC undertakings		2,405	0
Financial liabilities designated at fair value		0	0
Derivatives		0	0
Debt securities in issue		0	0
Accruals and other financial liabilities		395	1,268
Subordinated liabilities		1,918	0
Financial liabilities		4,718	1,268
Non-financial liabilities		0	0
Total liabilities		4,718	1,268
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due over 1 month but not more than 3 months | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		2,001	1,835
Due over 1 month but not more than 3 months | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		32,011	26,650
Due over 1 month but not more than 3 months | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		4,724	1,267
Due over 1 month but not more than 3 months | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		0	0
Debt securities in issue		0	0
Due over 1 month but not more than 3 months | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		95	15
Debt securities in issue		6,291	7,775
Due over 1 month but not more than 3 months | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 1 month but not more than 3 months | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 1 month but not more than 3 months | Other
Financial liabilities
Financial liabilities designated at fair value		186	943
Due over 1 month but not more than 3 months | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		4	823
Due over 1 month but not more than 3 months | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 3 months but not more than 6 months
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		642	230
Financial assets designated at fair value		230	75
Derivatives		97	207
Loans and advances to banks		4,212	4,494
Loans and advances to customers		49,860	47,664
– personal		8,483	6,723
– corporate and commercial		36,046	35,180
– financial		5,331	5,761
Reverse repurchase agreements – non-trading		7,951	10,378
Financial investments		31,634	30,403
Accrued income and other financial assets		2,050	1,737
Financial assets		96,676	95,188
Non-financial assets		0	0
Total assets		96,676	95,188
Off-balance sheet commitments received
Loan and other credit-related commitments		3,335	2,050
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		1,097	2,085
Customer accounts		21,596	19,187
– personal		13,489	12,024
– corporate and commercial		6,983	6,178
– financial		1,124	985
Repurchase agreements – non-trading		1,592	2,871
Items in the course of transmission to other banks		0	0
Trading liabilities		2,177	1,423
Financial liabilities designated at fair value		2,094	1,396
Derivatives		141	39
Debt securities in issue		5,228	8,280
Accruals and other financial liabilities		2,798	2,392
Subordinated liabilities		73	143
Financial liabilities		36,796	37,816
Non-financial liabilities		0	0
Total liabilities		36,796	37,816
Off-balance sheet commitments given
Loan and other credit-related commitments		3,310	3,010
Due over 3 months but not more than 6 months | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		0	0
Loans and advances to banks		3,145	0
Loans and advances to HSBC undertakings designated at fair value		0
Financial investments		0	0
Accrued income and other financial assets		0	0
Financial assets		3,145	0
Non-financial assets		0	0
Total assets		3,145	0
Financial liabilities
Amounts owed to HSBC undertakings		46	0
Financial liabilities designated at fair value		0	0
Derivatives		0	0
Debt securities in issue		0	0
Accruals and other financial liabilities		157	142
Subordinated liabilities		0	0
Financial liabilities		203	142
Non-financial liabilities		0	0
Total liabilities		203	142
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due over 3 months but not more than 6 months | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		340	89
Due over 3 months but not more than 6 months | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		2,782	2,839
Due over 3 months but not more than 6 months | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		188	82
Due over 3 months but not more than 6 months | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		0	303
Debt securities in issue		0	1
Due over 3 months but not more than 6 months | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		2,087	1,091
Debt securities in issue		5,228	7,386
Due over 3 months but not more than 6 months | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 3 months but not more than 6 months | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 3 months but not more than 6 months | Other
Financial liabilities
Financial liabilities designated at fair value		7	2
Due over 3 months but not more than 6 months | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		0	893
Due over 3 months but not more than 6 months | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 6 months but not more than 9 months
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		0	415
Financial assets designated at fair value		162	178
Derivatives		124	96
Loans and advances to banks		2,344	2,375
Loans and advances to customers		34,107	30,115
– personal		7,441	5,928
– corporate and commercial		22,932	21,317
– financial		3,734	2,870
Reverse repurchase agreements – non-trading		2,194	5,220
Financial investments		13,446	16,800
Accrued income and other financial assets		358	407
Financial assets		52,735	55,606
Non-financial assets		0	0
Total assets		52,735	55,606
Off-balance sheet commitments received
Loan and other credit-related commitments		0	0
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		616	665
Customer accounts		11,570	10,277
– personal		6,810	5,823
– corporate and commercial		3,712	3,951
– financial		1,048	503
Repurchase agreements – non-trading		160	50
Items in the course of transmission to other banks		0	0
Trading liabilities		2,130	1,845
Financial liabilities designated at fair value		271	3
Derivatives		140	112
Debt securities in issue		5,795	5,996
Accruals and other financial liabilities		749	833
Subordinated liabilities		36	61
Financial liabilities		21,467	19,842
Non-financial liabilities		0	0
Total liabilities		21,467	19,842
Off-balance sheet commitments given
Loan and other credit-related commitments		1,777	1,897
Due over 6 months but not more than 9 months | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		0	0
Loans and advances to banks		5	0
Loans and advances to HSBC undertakings designated at fair value		0
Financial investments		0	0
Accrued income and other financial assets		0	0
Financial assets		5	0
Non-financial assets		0	0
Total assets		5	0
Financial liabilities
Amounts owed to HSBC undertakings		0	0
Financial liabilities designated at fair value		0	0
Derivatives		0	0
Debt securities in issue		0	0
Accruals and other financial liabilities		39	22
Subordinated liabilities		0	0
Financial liabilities		39	22
Non-financial liabilities		0	0
Total liabilities		39	22
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due over 6 months but not more than 9 months | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		343	262
Due over 6 months but not more than 9 months | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		1,322	1,350
Due over 6 months but not more than 9 months | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		112	285
Due over 6 months but not more than 9 months | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		209	0
Debt securities in issue		0	71
Due over 6 months but not more than 9 months | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		62	3
Debt securities in issue		5,795	5,811
Due over 6 months but not more than 9 months | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 6 months but not more than 9 months | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 6 months but not more than 9 months | Other
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 6 months but not more than 9 months | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		0	114
Due over 6 months but not more than 9 months | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 9 months but not more than 1 year
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		1,140	1,172
Financial assets designated at fair value		197	363
Derivatives		42	110
Loans and advances to banks		1,502	1,765
Loans and advances to customers		37,176	30,362
– personal		7,492	6,799
– corporate and commercial		26,577	19,573
– financial		3,107	3,990
Reverse repurchase agreements – non-trading		3,960	2,350
Financial investments		17,647	19,564
Accrued income and other financial assets		411	462
Financial assets		62,075	56,148
Non-financial assets		0	0
Total assets		62,075	56,148
Off-balance sheet commitments received
Loan and other credit-related commitments		0	0
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		157	489
Customer accounts		10,757	8,325
– personal		5,727	4,786
– corporate and commercial		3,970	3,082
– financial		1,060	457
Repurchase agreements – non-trading		0	0
Items in the course of transmission to other banks		0	0
Trading liabilities		3,077	3,013
Financial liabilities designated at fair value		2,798	1,701
Derivatives		202	273
Debt securities in issue		9,240	4,610
Accruals and other financial liabilities		717	519
Subordinated liabilities		132	497
Financial liabilities		27,080	19,427
Non-financial liabilities		0	0
Total liabilities		27,080	19,427
Off-balance sheet commitments given
Loan and other credit-related commitments		4,087	3,253
Due over 9 months but not more than 1 year | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		0	0
Loans and advances to banks		2	0
Loans and advances to HSBC undertakings designated at fair value		0
Financial investments		0	0
Accrued income and other financial assets		0	0
Financial assets		2	0
Non-financial assets		0	0
Total assets		2	0
Financial liabilities
Amounts owed to HSBC undertakings		0	0
Financial liabilities designated at fair value		0	0
Derivatives		0	0
Debt securities in issue		1,081	0
Accruals and other financial liabilities		7	0
Subordinated liabilities		0	0
Financial liabilities		1,088	0
Non-financial liabilities		0	0
Total liabilities		1,088	0
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due over 9 months but not more than 1 year | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		1,583	1,896
Due over 9 months but not more than 1 year | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		2,309	904
Due over 9 months but not more than 1 year | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		195	453
Due over 9 months but not more than 1 year | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		0	0
Debt securities in issue		1	1
Due over 9 months but not more than 1 year | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		2,797	1,700
Debt securities in issue		8,239	4,280
Due over 9 months but not more than 1 year | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 9 months but not more than 1 year | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 9 months but not more than 1 year | Other
Financial liabilities
Financial liabilities designated at fair value		1	1
Due over 9 months but not more than 1 year | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		1,000	329
Due over 9 months but not more than 1 year | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 1 year but not more than 2 years
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		0	0
Financial assets designated at fair value		556	749
Derivatives		234	704
Loans and advances to banks		5,799	2,879
Loans and advances to customers		93,065	85,144
– personal		23,552	22,664
– corporate and commercial		61,785	54,739
– financial		7,728	7,741
Reverse repurchase agreements – non-trading		1,072	479
Financial investments		40,582	50,255
Accrued income and other financial assets		652	421
Financial assets		141,960	140,631
Non-financial assets		0	0
Total assets		141,960	140,631
Off-balance sheet commitments received
Loan and other credit-related commitments		133	110
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		361	422
Customer accounts		4,527	4,709
– personal		2,753	3,484
– corporate and commercial		1,705	1,200
– financial		69	25
Repurchase agreements – non-trading		0	0
Items in the course of transmission to other banks		0	0
Trading liabilities		5,038	6,219
Financial liabilities designated at fair value		4,215	5,046
Derivatives		504	506
Debt securities in issue		6,725	10,953
Accruals and other financial liabilities		1,007	885
Subordinated liabilities		273	1,788
Financial liabilities		22,650	30,528
Non-financial liabilities		0	0
Total liabilities		22,650	30,528
Off-balance sheet commitments given
Loan and other credit-related commitments		3,436	2,514
Due over 1 year but not more than 2 years | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		80	0
Loans and advances to banks		1,134	167
Loans and advances to HSBC undertakings designated at fair value		0
Financial investments		0	0
Accrued income and other financial assets		0	0
Financial assets		1,214	167
Non-financial assets		0	0
Total assets		1,214	167
Financial liabilities
Amounts owed to HSBC undertakings		0	0
Financial liabilities designated at fair value		2,349	2,167
Derivatives		110	0
Debt securities in issue		0	953
Accruals and other financial liabilities		3	0
Subordinated liabilities		0	1,693
Financial liabilities		2,462	4,813
Non-financial liabilities		0	0
Total liabilities		2,462	4,813
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due over 1 year but not more than 2 years | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		1,033	1,114
Due over 1 year but not more than 2 years | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		2,403	996
Due over 1 year but not more than 2 years | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		0	404
Due over 1 year but not more than 2 years | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		212	207
Debt securities in issue		3	3
Due over 1 year but not more than 2 years | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		1,654	4,839
Debt securities in issue		5,622	9,068
Due over 1 year but not more than 2 years | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		2,349	0
Due over 1 year but not more than 2 years | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		2,349	2,167
Due over 1 year but not more than 2 years | Other
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 1 year but not more than 2 years | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		1,100	1,882
Due over 1 year but not more than 2 years | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 2 years but not more than 5 years
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		0	0
Financial assets designated at fair value		2,068	2,486
Derivatives		592	1,056
Loans and advances to banks		2,491	2,298
Loans and advances to customers		218,784	192,787
– personal		61,238	53,620
– corporate and commercial		144,451	126,890
– financial		13,095	12,277
Reverse repurchase agreements – non-trading		4,598	1,080
Financial investments		90,366	104,933
Accrued income and other financial assets		513	1,033
Financial assets		319,412	305,673
Non-financial assets		0	0
Total assets		319,412	305,673
Off-balance sheet commitments received
Loan and other credit-related commitments		0	0
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		7,393	4,842
Customer accounts		2,257	3,500
– personal		1,557	2,483
– corporate and commercial		641	967
– financial		59	50
Repurchase agreements – non-trading		1,000	1,000
Items in the course of transmission to other banks		0	0
Trading liabilities		12,814	9,010
Financial liabilities designated at fair value		22,468	17,989
Derivatives		1,107	1,471
Debt securities in issue		22,767	19,432
Accruals and other financial liabilities		1,569	1,299
Subordinated liabilities		3,595	5,056
Financial liabilities		74,970	63,599
Non-financial liabilities		0	0
Total liabilities		74,970	63,599
Off-balance sheet commitments given
Loan and other credit-related commitments		3,824	4,280
Due over 2 years but not more than 5 years | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		0	93
Loans and advances to banks		29,560	14,204
Loans and advances to HSBC undertakings designated at fair value		2,411
Financial investments		1,798	838
Accrued income and other financial assets		0	0
Financial assets		33,769	15,135
Non-financial assets		0	0
Total assets		33,769	15,135
Financial liabilities
Amounts owed to HSBC undertakings		0	105
Financial liabilities designated at fair value		11,491	5,845
Derivatives		183	592
Debt securities in issue		10,354	4,822
Accruals and other financial liabilities		1	0
Subordinated liabilities		0	0
Financial liabilities		22,029	11,364
Non-financial liabilities		0	0
Total liabilities		22,029	11,364
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
Due over 2 years but not more than 5 years | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		952	747
Due over 2 years but not more than 5 years | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		2,804	3,410
Due over 2 years but not more than 5 years | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		68	123
Due over 2 years but not more than 5 years | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		2,494	1,348
Debt securities in issue		10	24
Due over 2 years but not more than 5 years | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		19,505	14,056
Debt securities in issue		21,843	16,728
Due over 2 years but not more than 5 years | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		459	2,578
Due over 2 years but not more than 5 years | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		0	0
Due over 2 years but not more than 5 years | Other
Financial liabilities
Financial liabilities designated at fair value		10	7
Due over 2 years but not more than 5 years | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		914	2,680
Due over 2 years but not more than 5 years | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		11,491	5,845
More than 5 years
Financial assets
Cash and balances at central banks		0	0
Items in the course of collection from other banks		0	0
Hong Kong Government certificates of indebtedness		0	0
Trading assets		0	0
Financial assets designated at fair value		25,546	20,547
Derivatives		464	801
Loans and advances to banks		1,412	1,275
Loans and advances to customers		268,926	246,208
– personal		214,837	194,985
– corporate and commercial		49,762	45,271
– financial		4,327	5,952
Reverse repurchase agreements – non-trading		7,245	0
Financial investments		111,933	118,084
Accrued income and other financial assets		2,046	1,907
Financial assets		417,572	388,822
Non-financial assets		87,986	81,690
Total assets		505,558	470,512
Off-balance sheet commitments received
Loan and other credit-related commitments		0	0
Financial liabilities
Hong Kong currency notes in circulation		0	0
Deposits from banks		1,508	1,055
Customer accounts		623	502
– personal		119	121
– corporate and commercial		451	360
– financial		53	21
Repurchase agreements – non-trading		0	0
Items in the course of transmission to other banks		0	0
Trading liabilities		12,071	8,421
Financial liabilities designated at fair value		62,222	58,080
Derivatives		1,637	2,414
Debt securities in issue		2,415	3,338
Accruals and other financial liabilities		938	568
Subordinated liabilities		13,799	13,427
Financial liabilities		95,213	87,805
Non-financial liabilities		103,161	92,959
Total liabilities		198,374	180,764
Off-balance sheet commitments given
Loan and other credit-related commitments		2,349	1,214
More than 5 years | HSBC Holdings
Financial assets
– balances with HSBC undertakings		0	0
Derivatives		356	353
Loans and advances to banks		24,881	46,678
Loans and advances to HSBC undertakings designated at fair value		9,533
Financial investments		2,446	2,710
Accrued income and other financial assets		123	107
Financial assets		37,339	49,848
Non-financial assets		94,399	97,273
Total assets		131,738	147,121
Financial liabilities
Amounts owed to HSBC undertakings		0	0
Financial liabilities designated at fair value		17,050	22,101
Derivatives		781	592
Debt securities in issue		22,823	16,030
Accruals and other financial liabilities		11	0
Subordinated liabilities		13,959	13,496
Financial liabilities		54,624	52,219
Non-financial liabilities		217	144
Total liabilities		54,841	52,363
Off-balance sheet commitments given
Loan and other credit-related commitments		0	0
More than 5 years | – personal
Off-balance sheet commitments given
Loan and other credit-related commitments		513	405
More than 5 years | – corporate and commercial
Off-balance sheet commitments given
Loan and other credit-related commitments		1,716	754
More than 5 years | – financial
Off-balance sheet commitments given
Loan and other credit-related commitments		120	55
More than 5 years | Debt securities in issue: covered bonds
Financial liabilities
Financial liabilities designated at fair value		1,654	2,558
Debt securities in issue		34	26
More than 5 years | Debt securities in issue: unsecured
Financial liabilities
Financial liabilities designated at fair value		33,535	29,380
Debt securities in issue		1,188	2,131
More than 5 years | Subordinated liabilities and preferred securities
Financial liabilities
Financial liabilities designated at fair value		21,482	21,005
More than 5 years | Subordinated liabilities and preferred securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		11,045	11,180
More than 5 years | Other
Financial liabilities
Financial liabilities designated at fair value		5,551	5,137
More than 5 years | Debt securities in issue: secured
Financial liabilities
Debt securities in issue		1,193	1,181
More than 5 years | Debt securities | HSBC Holdings
Financial liabilities
Financial liabilities designated at fair value		$ 6,005	$ 10,921
[1]	At 31 December 2017 $39,830m (2016: $35,501m) was not available for use by HSBC, of which $21,424m (2016: $21,108m) related to mandatory deposits at central banks.

Offsetting of financial asse207

Offsetting of financial assets and financial liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financial assets
Financial assets	$ 2,433,785	$ 2,293,296
Financial liabilities
Financial liabilities	2,220,739	2,099,449
Loans and advances to customers	962,964	861,504	$ 924,454
Customer accounts	1,364,462	1,272,386	$ 1,289,586
Financial Liabilities Subject To Offsetting
Financial liabilities
Gross amounts	562,288	577,470
Amounts offset	(226,625)	(209,086)
Net amounts in the balance sheet	335,663	368,384
Financial instruments	(190,057)	(241,171)
Non-cash collateral	(98,005)	(74,153)
Cash collateral	(29,094)	(34,148)
Net amount	18,507	18,912
Amounts not subject to enforceable netting arrangements	54,045	36,512
Financial liabilities	389,708	404,896
Derivatives
Financial liabilities
Gross amounts	321,932	378,571
Amounts offset	(110,425)	(106,555)
Net amounts in the balance sheet	211,507	272,016
Financial instruments	(156,072)	(210,035)
Non-cash collateral	(14,342)	(15,512)
Cash collateral	(28,666)	(33,754)
Net amount	12,427	12,715
Amounts not subject to enforceable netting arrangements	5,314	7,803
Financial liabilities	216,821	279,819
Cash margins pledged	5,196	5,862
Trading liabilities
Financial liabilities
Gross amounts	10,555	5,034
Amounts offset	0	0
Net amounts in the balance sheet	10,555	5,034
Financial instruments	(430)	(475)
Non-cash collateral	(9,615)	(4,515)
Cash collateral	0	0
Net amount	510	44
Amounts not subject to enforceable netting arrangements	63	37
Financial liabilities	10,618	5,071
Non-trading liabilities
Financial liabilities
Gross amounts	187,268	148,443
Amounts offset	(105,776)	(87,929)
Net amounts in the balance sheet	81,492	60,514
Financial instruments	(7,165)	(6,202)
Non-cash collateral	(74,048)	(54,126)
Cash collateral	(240)	(146)
Net amount	39	40
Amounts not subject to enforceable netting arrangements	48,510	28,444
Financial liabilities	130,002	88,958
Customer accounts
Financial liabilities
Gross amounts	42,533	45,422
Amounts offset	(10,424)	(14,602)
Net amounts in the balance sheet	32,109	30,820
Financial instruments	(26,390)	(24,459)
Non-cash collateral	0	0
Cash collateral	(188)	(248)
Net amount	5,531	6,113
Amounts not subject to enforceable netting arrangements	158	228
Financial liabilities	32,267	31,048
Financial Assets Subject To Offsetting
Financial assets
Gross amounts	646,072	666,639
Amounts offset	(226,625)	(209,086)
Net amounts in the balance sheet	419,447	457,553
Financial instruments	(186,622)	(239,780)
Non-cash collateral	(182,527)	(150,403)
Cash collateral	(37,532)	(40,651)
Net amount	12,766	26,719
Amounts not subject to enforceable netting arrangements	51,330	36,937
Financial assets	470,777	494,490
Derivatives
Financial assets
Gross amounts	322,422	387,999
Amounts offset	(110,425)	(106,555)
Net amounts in the balance sheet	211,997	281,444
Financial instruments	(156,088)	(210,067)
Non-cash collateral	(11,092)	(11,647)
Cash collateral	(37,302)	(40,188)
Net amount	7,515	19,542
Amounts not subject to enforceable netting arrangements	7,821	9,428
Financial assets	219,818	290,872
Financial liabilities
Cash margins received	6,324	3,720
Trading assets
Financial assets
Gross amounts	15,893	9,859
Amounts offset	0	0
Net amounts in the balance sheet	15,893	9,859
Financial instruments	(430)	(475)
Non-cash collateral	(15,462)	(9,383)
Cash collateral	0	0
Net amount	1	1
Amounts not subject to enforceable netting arrangements	1,227	348
Financial assets	17,120	10,207
Non-trading assets
Financial assets
Gross amounts	265,666	222,485
Amounts offset	(105,776)	(87,929)
Net amounts in the balance sheet	159,890	134,556
Financial instruments	(3,714)	(4,779)
Non-cash collateral	(155,973)	(129,373)
Cash collateral	(49)	(215)
Net amount	154	189
Amounts not subject to enforceable netting arrangements	41,663	26,418
Financial assets	201,553	160,974
Loans and advances to customers
Financial assets
Gross amounts	42,091	46,296
Amounts offset	(10,424)	(14,602)
Net amounts in the balance sheet	31,667	31,694
Financial instruments	(26,390)	(24,459)
Non-cash collateral	0	0
Cash collateral	(181)	(248)
Net amount	5,096	6,987
Amounts not subject to enforceable netting arrangements	619	743
Financial assets	$ 32,286	$ 32,437

Non-controlling interests - Co

Non-controlling interests - Components of non-controlling interests (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of classes of share capital [line items]
Non-controlling interests	$ 7,621	$ 7,192
Ordinary shares
Disclosure of classes of share capital [line items]
Non-controlling interests	7,621	6,932
Preference shares
Disclosure of classes of share capital [line items]
Non-controlling interests	$ 0	$ 260

Non-controlling interests - Pr

Non-controlling interests - Preferred securities issued by HSBC's subsidiaries (Details) CAD in Millions, $ in Millions	Dec. 31, 2017USD ($)	Dec. 31, 2017CAD	Dec. 31, 2016USD ($)
Disclosure of subsidiaries [line items]
Called up share capital	$ 10,160		$ 10,096
HSBC Bank Canada
Disclosure of subsidiaries [line items]
Called up share capital	0		260
Non-cumulative redeemable class 1 preferred shares, series C | HSBC Bank Canada
Disclosure of subsidiaries [line items]
Called up share capital	0	CAD 175	130
Non-cumulative redeemable class 1 preferred shares, series D | HSBC Bank Canada
Disclosure of subsidiaries [line items]
Called up share capital	$ 0	CAD 175	$ 130

Called up share capital and 210

Called up share capital and other equity instruments - Called up share capital and share premium (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of number of shares outstanding [abstract]
Issued capital at beginning of period		$ 10,096
Shares issued under HSBC employee share plans		500	$ 534	$ 757
Shares issued in lieu of dividends		3,206	3,040	3,162
Issued capital at end of period		10,160	10,096
Share premium account		10,177	12,619
Total equity		$ 197,871	$ 182,578	$ 197,518	$ 199,978
Ordinary shares
Disclosure of classes of share capital [line items]
Par value per share (in dollars per share)		$ 0.50
Reconciliation of number of shares outstanding [abstract]
Number of shares outstanding ending balance (in shares)		20,191,586,214	19,685,096,934
Shares issued under HSBC employee share plans (in shares)		76,701,249	69,187,052
Shares issued in lieu of dividends (in shares)		380,652,196	437,302,228
Less: Shares repurchased and cancelled (in shares)		(328,223,401)	0
Number of shares outstanding ending balance (in shares)		20,320,716,258	20,191,586,214	19,685,096,934
Issued capital at beginning of period		$ 10,096	$ 9,842
Shares issued under HSBC employee share plans		38	35
Shares issued in lieu of dividends		190	219
Less: Shares repurchased and cancelled		(164)	0
Issued capital at end of period		$ 10,160	$ 10,096	$ 9,842
Preference shares
Disclosure of classes of share capital [line items]
Par value per share (in dollars per share)		$ 0.01
Reconciliation of number of shares outstanding [abstract]
Number of shares outstanding ending balance (in shares)		1,450,000
Number of shares outstanding ending balance (in shares)		1,450,000	1,450,000
Issued capital at beginning of period		$ 0
Issued capital at end of period		0	$ 0
Issued Capital And Share Premium
Reconciliation of number of shares outstanding [abstract]
Total equity	[1]	$ 20,337	$ 22,715	$ 22,263	21,527
Treasury shares
Reconciliation of number of shares outstanding [abstract]
Number of shares outstanding ending balance (in shares)		353,356,251	81,580,180
Number of shares outstanding ending balance (in shares)		360,590,019	353,356,251	81,580,180
HSBC Holdings
Reconciliation of number of shares outstanding [abstract]
Issued capital at beginning of period		$ 10,096
Shares issued under HSBC employee share plans		(2)	$ 34	$ 86
Shares issued in lieu of dividends		3,205	3,040	3,162
Issued capital at end of period		10,160	10,096
Share premium account		10,177	12,619
Total equity		$ 103,787	$ 104,858	$ 107,414	$ 105,445
HSBC Holdings | Treasury shares
Reconciliation of number of shares outstanding [abstract]
Number of shares outstanding ending balance (in shares)		325,499,152	67,881
Number of shares outstanding ending balance (in shares)		326,843,840	325,499,152	67,881
Total equity		$ 2,542	$ 2,499	$ 1
Number of shares outstanding, buyback program		325,273,407
[1]	For further details refer to Note 31. In February 2017, HSBC announced a share buy-back of up to $1.0bn. Subsequently, HSBC completed a $1.0bn share buy-back in April 2017. In July 2017, HSBC announced a further share buy-back of up to $2.0bn. Subsequently, HSBC completed a $2.0bn share buy-back in November 2017.

Called up share capital and 211

Called up share capital and other equity instruments - Called up share capital and other equity instruments (commentary) (Details) - Dec. 31, 2017	$ / shares	£ / shares
Capital Securities Classified As Equity
Disclosure of classes of share capital [line items]
Par value per share upon conversion (in dollars per share)	$ 0.01
Premium per share upon conversion (in dollars per share)	24.99
Preference shares
Disclosure of classes of share capital [line items]
Par value per share (in dollars per share)	$ 0.01
Sterling preference shares
Disclosure of classes of share capital [line items]
Par value per share (in dollars per share) | £ / shares		£ 0.01

Called up share capital and 212

Called up share capital and other equity instruments - HSBC additional tier 1 capital securities in issue which are accounted for in equity (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Other Equity [Line Items]
Other equity instruments	$ 22,250,000,000	$ 17,110,000,000
8.125% Perpetual Subordinated Capital Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,200,000,000
Other equity instruments interest rate	8.125%
8.000% Perpetual Subordinated Capital Securities, Series 2
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,800,000,000
Other equity instruments interest rate	8.00%
Capital Securities Classified As Equity
Disclosure Of Other Equity [Line Items]
Other equity instruments	$ 5,851,000,000	5,851,000,000
Capital Securities Classified As Equity | 8.125% Perpetual Subordinated Capital Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,200,000,000
Other equity instruments interest rate	8.125%
Other equity instruments	$ 2,133,000,000	2,133,000,000
Capital Securities Classified As Equity | 8.000% Perpetual Subordinated Capital Securities, Series 2
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,800,000,000
Other equity instruments interest rate	8.00%
Other equity instruments	$ 3,718,000,000	$ 3,718,000,000

Called up share capital and 213

Called up share capital and other equity instruments - Additional tier 1 capital - contingent convertible securities (Details) - Contingent Convertible Securities	12 Months Ended
	Dec. 31, 2017£ / shares
Disclosure Of Other Equity [Line Items]
Fixed interest rate, period increments	5 years
Conversion threshold, common equity tier 1 percentage	7.00%
Par value per share upon conversion (in dollars per share)	£ 2.70

Called up share capital and 214

Called up share capital and other equity instruments - HSBC's additional tier 1 capital - contingent convertible securities in issue which are accounted for in equity (Details)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)	Dec. 31, 2017SGD	Dec. 31, 2016USD ($)
Disclosure Of Other Equity [Line Items]
Other equity instruments	$ 22,250,000,000			$ 17,110,000,000
$1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 1,500,000,000
Other equity instruments interest rate	5.625%	5.625%	5.625%
$2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,000,000,000
Other equity instruments interest rate	6.875%	6.875%	6.875%
$2,250m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,250,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%
$2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,450,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%
$3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%
EUR 1,500m 5.250% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €		€ 1,500,000,000
Other equity instruments interest rate	5.25%	5.25%	5.25%
EUR 1,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €		€ 1,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%
Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Other equity instruments	$ 16,399,000,000			11,259,000,000
Contingent Convertible Securities | $1,500m 5.625% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 1,500,000,000
Other equity instruments interest rate	5.625%	5.625%	5.625%
Other equity instruments	$ 1,494,000,000			1,494,000,000
Contingent Convertible Securities | $2,000m 6.875% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,000,000,000
Other equity instruments interest rate	6.875%	6.875%	6.875%
Other equity instruments	$ 1,998,000,000			1,998,000,000
Contingent Convertible Securities | $2,250m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,250,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%
Other equity instruments	$ 2,244,000,000			2,244,000,000
Contingent Convertible Securities | $2,450m 6.375% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 2,450,000,000
Other equity instruments interest rate	6.375%	6.375%	6.375%
Other equity instruments	$ 2,460,000,000			2,460,000,000
Contingent Convertible Securities | $3,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount	$ 3,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%
Other equity instruments	$ 2,997,000,000			0
Contingent Convertible Securities | EUR 1,500m 5.250% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €		€ 1,500,000,000
Other equity instruments interest rate	5.25%	5.25%	5.25%
Other equity instruments	$ 1,943,000,000			1,943,000,000
Contingent Convertible Securities | EUR 1,000m 6.000% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €		€ 1,000,000,000
Other equity instruments interest rate	6.00%	6.00%	6.00%
Other equity instruments	$ 1,120,000,000			1,120,000,000
Contingent Convertible Securities | EUR 1,250m 4.750% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | €		€ 1,250,000,000
Other equity instruments interest rate	4.75%	4.75%	4.75%
Other equity instruments	$ 1,420,000,000			0
Contingent Convertible Securities | SGD 1000m 4.700% Perpetual Subordinated Contingent Convertible Securities
Disclosure Of Other Equity [Line Items]
Notional amount | SGD			SGD 1,000,000,000
Other equity instruments interest rate	4.00%	4.00%	4.00%
Other equity instruments	$ 723,000,000			$ 0

Called up share capital and 215

Called up share capital and other equity instruments - Aggregate options outstanding under these plans (Details)	Dec. 31, 2017USD ($)shares	Dec. 31, 2017GBP (£)shares	Dec. 31, 2017EUR (€)shares	Dec. 31, 2017HKDshares	Dec. 31, 2016USD ($)shares	Dec. 31, 2016GBP (£)shares	Dec. 31, 2016EUR (€)shares	Dec. 31, 2016HKDshares	Dec. 31, 2015shares
Disclosure of range of exercise prices of outstanding share options [line items]
Number of HSBC Holdings ordinary shares	64,670,000	64,670,000	64,670,000	64,670,000	70,027,000	70,027,000	70,027,000	70,027,000	74,775,000
£4.0472-5.9640
Disclosure of range of exercise prices of outstanding share options [line items]
Number of HSBC Holdings ordinary shares	64,604,932	64,604,932	64,604,932	64,604,932	69,217,725	69,217,725	69,217,725	69,217,725
£4.0472-5.9640 | Bottom of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | £		£ 4.0472				£ 4.0472
£4.0472-5.9640 | Top of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | £		£ 5.9640				£ 5.4738
HK$55.4701
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | HKD				HKD 55.4701
Number of HSBC Holdings ordinary shares	36,309	36,309	36,309	36,309	504,467	504,467	504,467	504,467
HK$55.4701 | Bottom of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | HKD								HKD 55.4701
HK$55.4701 | Top of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | HKD								HKD 63.9864
€5.3532
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | €			€ 5.3532
Number of HSBC Holdings ordinary shares	10,539	10,539	10,539	10,539	86,916	86,916	86,916	86,916
€5.3532 | Bottom of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | €							€ 5.3532
€5.3532 | Top of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | €							€ 6.0657
$ 7.1456
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | $	$ 7.1456
Number of HSBC Holdings ordinary shares	17,873	17,873	17,873	17,873	217,738	217,738	217,738	217,738
$7.1456 | Bottom of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | $					$ 7.1456
$7.1456 | Top of range
Disclosure of range of exercise prices of outstanding share options [line items]
Exercise price of outstanding share options (in GBP/HKD/EUR/USD per share) | $					$ 8.2094

Called up share capital and 216

Called up share capital and other equity instruments - Maximum obligation to deliver HSBC Holdings ordinary shares (Details) - shares	Dec. 31, 2017	Dec. 31, 2016
Share Capital, Reserves And Other Equity Interest [Abstract]
Maximum shares required to deliver all outstanding options	169,615,437	198,483,750
Number of shares held in employee benefit trust	5,883,444	3,997,619

Contingent liabilities, cont217

Contingent liabilities, contractual commitments, and guarantees - Summary of Contingent Liabilities, Guarantees, and Commitments (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	$ 90,378	$ 82,019
Commitments	685,589	655,843
documentary credits and short-term trade-related transactions
Disclosure of contingent liabilities [line items]
Commitments	8,776	9,190
forward asset purchases and forward deposits placed
Disclosure of contingent liabilities [line items]
Commitments	4,295	5,386
standby facilities, credit lines and other commitments to lend
Disclosure of contingent liabilities [line items]
Commitments	672,518	641,267
HSBC Holdings
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	7,778	7,619
Commitments	0	0
HSBC Holdings | documentary credits and short-term trade-related transactions
Disclosure of contingent liabilities [line items]
Commitments	0	0
HSBC Holdings | forward asset purchases and forward deposits placed
Disclosure of contingent liabilities [line items]
Commitments	0	0
HSBC Holdings | standby facilities, credit lines and other commitments to lend
Disclosure of contingent liabilities [line items]
Commitments	0	0
financial guarantees and similar contracts
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	38,328	37,072
financial guarantees and similar contracts | HSBC Holdings
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	7,778	7,619
other guarantees
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	51,434	44,394
other guarantees | HSBC Holdings
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	0	0
other contingent liabilities
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	616	553
other contingent liabilities | HSBC Holdings
Disclosure of contingent liabilities [line items]
Guarantees and other contingent liabilities	$ 0	$ 0

Contingent liabilities, cont218

Contingent liabilities, contractual commitments, and guarantees - Narrative (Details) $ in Millions, £ in Billions	Dec. 31, 2017USD ($)	Dec. 31, 2017GBP (£)	Dec. 31, 2016USD ($)
Disclosure of contingent liabilities [line items]
Estimated financial effect of contingent liabilities	$ 90,378		$ 82,019
Associates
Disclosure of contingent liabilities [line items]
Estimated financial effect of contingent liabilities	38,800		$ 35,300
HM Treasury
Disclosure of contingent liabilities [line items]
Loans	$ 6,300	£ 4.7

Lease commitments - Narrative (

Lease commitments - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Leases1 [Abstract]
Minimum lease payments payable under non-cancellable operating lease	$ 3,950	$ 3,893

Lease commitments - Summary of

Lease commitments - Summary of lease receivables (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of maturity analysis of finance lease payments receivable [line items]
Total future minimum payments	$ 15,340	$ 14,359
Unearned finance income	(1,691)	(1,665)
Present value	13,649	12,694
No later than one year
Disclosure of maturity analysis of finance lease payments receivable [line items]
Total future minimum payments	3,523	3,248
Unearned finance income	(326)	(330)
Present value	3,197	2,918
Later than one year and no later than five years
Disclosure of maturity analysis of finance lease payments receivable [line items]
Total future minimum payments	7,033	6,563
Unearned finance income	(696)	(702)
Present value	6,337	5,861
Later than five years
Disclosure of maturity analysis of finance lease payments receivable [line items]
Total future minimum payments	4,784	4,548
Unearned finance income	(669)	(633)
Present value	$ 4,115	$ 3,915

Legal proceedings and regula221

Legal proceedings and regulatory matters (Details) mortgage_loan in Thousands, € in Millions, $ in Millions, CAD in Billions

Dec. 31, 2012

Nov. 30, 2017EUR (€)

Feb. 28, 2017financial_institution

Dec. 31, 2016USD ($)individualfinancial_institution

Sep. 30, 2016Investor

Aug. 31, 2016employee

Apr. 30, 2016complaint

Sep. 30, 2015complaint

Dec. 31, 2014complaint

Jul. 31, 2014CAD

Jun. 30, 2014USD ($)

Dec. 31, 2012USD ($)

Jan. 31, 2009complaint

Aug. 31, 2016lawsuit

Nov. 30, 2015individualoffices

Dec. 31, 2017USD ($)complaintsecuritisation_trustmortgage_loanconsent_orderfinancial_institution

Dec. 31, 2007USD ($)

Dec. 31, 2017USD ($)complaintsecuritisation_trustmortgage_loan

Dec. 31, 2015USD ($)

Nov. 30, 2008USD ($)

Disclosure of contingent liabilities [line items]

Outstanding principal amount on loans securitized

$ 4,100

$ 4,100

Number of mortgage securitisation trusts with litigation proceedings | securitisation_trust

280

280

Other provisions

$ 4,773

$ 4,011

$ 4,011

$ 5,552

Estimated financial effect of contingent liabilities

82,019

90,378

90,378

Madoff Securities

Disclosure of contingent liabilities [line items]

Aggregate value of funds with assets invested in securities under litigation

$ 8,400

Estimated fund transfers, less withdrawals from securities under litigation

$ 4,000

HSBC Bank USA, N.A.

Disclosure of contingent liabilities [line items]

Mortgage securitisation loan purchased and sold

$ 24,000

HSBC Holdings

Disclosure of contingent liabilities [line items]

Estimated financial effect of contingent liabilities

$ 7,619

7,778

7,778

Madoff litigation

Disclosure of contingent liabilities [line items]

Number of new claims filed | complaint

3

Number of investors that asserted common law claims | Investor

2

Madoff litigation | Legal proceedings contingent liability

Disclosure of contingent liabilities [line items]

Estimated financial effect of contingent liabilities

500

$ 500

Madoff litigation | HSBC Bank Bermuda Limited

Disclosure of contingent liabilities [line items]

Number of lawsuits/claims filed | complaint

3

Mortgage Securitisation Pool Trust litigation | HSBC Bank USA, N.A.

Disclosure of contingent liabilities [line items]

Damages sought

$ 38,000

Mortgage loan repurchase matters

Disclosure of contingent liabilities [line items]

Damages sought

$ 1,000

Mortgage loan repurchase matters | HSBC Mortgage Corporation, Inc.

Disclosure of contingent liabilities [line items]

Number of lawsuits/claims filed | complaint

2

Number of mortgage loans | mortgage_loan

25

25

FIRREA and other mortgage-backed securities matters

Disclosure of contingent liabilities [line items]

Number of financial institutions sued by the department of justice | financial_institution

1

Number of financial institutions with resolved Department of Justice investigations | financial_institution

8

Anti-money laundering and sanctions-related matters

Disclosure of contingent liabilities [line items]

Number of lawsuits/claims filed | complaint

5

Litigation settlement agreement, compliance period

5 years

Anti-money laundering and sanctions-related matters | HSBC Bank USA, N.A.

Disclosure of contingent liabilities [line items]

Number of consent orders entered into with the OCC | consent_order

2

Anti-money laundering and sanctions-related matters | HSBC Holdings and HSBC Bank USA

Disclosure of contingent liabilities [line items]

Payments for legal settlements

$ 1,900

Anti-money laundering and sanctions-related matters | HSBC Holdings

Disclosure of contingent liabilities [line items]

Damages sought | CAD

CAD 20

Tax-related investigation

Disclosure of contingent liabilities [line items]

Number of Indian tax authority offices | offices

2

Number of Indian individuals and families | individual

4

Estimated financial effect of contingent liabilities

$ 1,500

$ 1,500

Tax-related investigation | HSBC Private Banking Holdings (Suisse) SA

Disclosure of contingent liabilities [line items]

Payments for legal settlements | €

€ 300

Benchmark rate litigation

Disclosure of contingent liabilities [line items]

Number of lawsuits/claims filed | lawsuit

2

Infringement period

1 month

Number of agreements awaiting court approval | complaint

3

Foreign exchange rate investigations and litigation

Disclosure of contingent liabilities [line items]

Number of lawsuits/claims filed | complaint

2

Number of former employees indicted | employee

2

Deferred prosecution agreement period

3 years

Number of banks under investigation | financial_institution

15

Number of individuals under investigation | individual

30

Number of financial institutions included in complaint for proceedings | financial_institution

18

Legal proceedings provision

$ 511

511

Precious metals fix-related investigations and litigation

Disclosure of contingent liabilities [line items]

Number of lawsuits/claims filed | complaint

2

Legal proceedings and regulatory matters

Disclosure of contingent liabilities [line items]

Other provisions

$ 2,436

1,501

1,501

$ 3,174

Legal proceedings and regulatory matters | Tax-related investigation

Disclosure of contingent liabilities [line items]

Other provisions

$ 604

$ 604

Related party transactions - Su

Related party transactions - Summary of compensation of key management personnel (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Related Party [Abstract]
Short-term employee benefits	$ 43	$ 41	$ 40
Post-employment benefits	0	0	1
Other long-term employee benefits	5	5	9
Share-based payments	35	37	51
Total	$ 83	$ 83	$ 101

Related party transactions -223

Related party transactions - Summary of shareholdings, options and other securities of key management personnel (Details) shares in Thousands	Dec. 31, 2017shares	Dec. 31, 2016shares	Dec. 31, 2015shares
Disclosure of transactions between related parties [line items]
Number of options held over HSBC Holdings ordinary shares under employee share plans	64,670	70,027	74,775
Key management personnel of entity or parent
Disclosure of transactions between related parties [line items]
Number of options held over HSBC Holdings ordinary shares under employee share plans	15	18
Number of HSBC Holdings ordinary shares held beneficially and non-beneficially	22,609	22,283
Shareholdings, options and other securities of Key Management Personnel	22,624	22,301

Related party transactions -224

Related party transactions - Summary of transactions and balances during the year with key management personnel (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Key management personnel of entity or parent
Disclosure of transactions between related parties [line items]
Advances and credits	$ 329	$ 215
Guarantees	6	55
Deposits	300	229
Advances and credits, highest amount during the year	334	220
Guarantees, highest amount during the year	52	63
Deposits, highest amount during the year	893	677
Director
Disclosure of transactions between related parties [line items]
Advances and credits	$ 2	$ 2

Related party transactions -225

Related party transactions - Summary of transactions and balances during the year with associates and joint ventures (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Joint Venture And Associates
Disclosure of transactions between related parties [line items]
Guarantees and commitments, highest amount during the year	$ 654	$ 776
Guarantees and commitments	665	594
Associates
Disclosure of transactions between related parties [line items]
Amounts due to associates, highest amount during the year	2,617	1,112
Amounts due to associates	1,232	576
Unsubordinated Accounts Receivable | Joint ventures where entity is venturer
Disclosure of transactions between related parties [line items]
Unsubordinated amounts due from joint ventures and associates, highest amount during the year	138	126
Unsobordinated amounts due from joint ventures and associates	119	113
Unsubordinated Accounts Receivable | Associates
Disclosure of transactions between related parties [line items]
Unsubordinated amounts due from joint ventures and associates, highest amount during the year	3,104	3,136
Unsobordinated amounts due from joint ventures and associates	2,537	2,881
Subordinated Accounts Receivable | Associates
Disclosure of transactions between related parties [line items]
Unsubordinated amounts due from joint ventures and associates, highest amount during the year	411	0
Unsobordinated amounts due from joint ventures and associates	$ 411	$ 0

Related party transactions -226

Related party transactions - Summary of post-employment benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Subsidiaries
Disclosure of transactions between related parties [line items]
Post-employment benefit plan assets under management of subsidiary	$ 5,300,000,000	$ 4,400,000,000
Related party management fees	8,000,000	6,000,000
Retirement benefit plan deposit assets placed at related party	875,000,000	710,000,000
Retirement benefit plan interest income earned from related party	0	1,000,000
Principal plan | Other related parties
Disclosure of transactions between related parties [line items]
Notional amount with related party	11,300,000,000	10,500,000,000
Derivative assets with related party	1,000,000,000	900,000,000
Cash collateral received with related party	$ 1,000,000,000	900,000,000
International Staff Retirement Benefit Scheme | Other related parties
Disclosure of transactions between related parties [line items]
Notional amount with related party		1,200,000,000
Derivative liabilities with related party		$ 85,000,000

Related party transactions -227

Related party transactions - Summary of transactions and balances during the year with subsidiaries (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets
Derivatives	$ 219,818	$ 290,872
Loans and advances to HSBC undertakings	90,393	88,126
Financial investments in HSBC undertakings	389,076	436,797
Total assets	2,521,771	2,374,986	$ 2,409,656
Liabilities
Derivatives	216,821	279,819
Subordinated liabilities	19,826	20,984
Total liabilities	2,323,900	2,192,408
Subsidiaries
Assets, highest amount during the year
Cash and balances with HSBC undertakings	1,985	997
Loans and advances to HSBC undertakings designated at fair value	11,944	0
Derivatives	2,796	4,494
Loans and advances to HSBC undertakings	89,810	77,732
Financial investments in HSBC undertakings	4,264	4,314
Investments in subsidiaries	95,850	97,827
Total related party assets at 31 Dec	206,649	185,364
Assets
Cash and balances with HSBC undertakings	1,985	247
Loans and advances to HSBC undertakings designated at fair value	11,944	0
Derivatives	2,388	2,148
Loans and advances to HSBC undertakings	76,627	77,421
Financial investments in HSBC undertakings	4,264	3,590
Investments in subsidiaries	92,930	95,850
Total assets	190,138	179,256
Liabilities, highest amount during the year
Amounts owed to HSBC undertakings	2,906	3,823
Derivatives	4,904	5,025
Subordinated liabilities	892	1,749
Total related party liabilities at 31 Dec	8,702	10,597
Liabilities
Amounts owed to HSBC undertakings	2,571	2,157
Derivatives	3,082	5,025
Subordinated liabilities	892	891
Total liabilities	6,545	8,073
Guarantees and commitments, highest amount during the year	9,692	63,719
Guarantees and commitments	$ 7,778	$ 7,619

Events after the balance she228

Events after the balance sheet date (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)$ / shares
Events After Reporting Period [Abstract]
Dividends declared before financial statements authorised for issue, per share(in dollars per share) | $ / shares	$ 0.21
Dividends declared before financial statements authorized for issue | $	$ 4,199

HSBC Holdings' subsidiaries,229

HSBC Holdings' subsidiaries, joint ventures and associates - Subsidiaries (Details)	12 Months Ended
	Dec. 31, 2017
ACN 087 652 113 Pty Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Almacenadora Banpacifico S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
Assetfinance December (F) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance December (H) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance December (M) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance December (P) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance December (R) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance June (A) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance June (D) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance March (B) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance March (D) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance March (F) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance September (F) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Assetfinance September (G) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
B&Q Financial Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Banco Nominees (Guernsey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Banco Nominees 2 (Guernsey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Banco Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Bank of Bermuda (Cayman) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beijing Miyun HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Company LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Consumer Discount Company
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Financial I Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Florida Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Homeowner Service Corporation
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Kentucky Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Loan & Thrift Co.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Louisiana Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Maine Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Massachusetts Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Michigan Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial New Hampshire Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Oregon Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Rhode Island Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial South Dakota Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Tennessee Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial West Virginia, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Beneficial Wyoming Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
BFC Insurance Agency of Nevada
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Billingsgate Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Cal-Pacific Services, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Canada Crescent Nominees (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Canada Square Nominees (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Canada Square Property Participations Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Canada Water Nominees (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Capco/Cove, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Card-Flo 1, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Card-Flo 3, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Cayman International Finance Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
CC&H Holdings LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
CCF Charterhouse GmbH & Co Asset Leasing KG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
CCF Charterhouse GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
CCF Holding (LIBAN) S.A.L. (in liquidation)
Disclosure of subsidiaries [line items]
Group interest percent	74.99%
CCF & Partners Asset Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
Charterhouse Administrators ( D.T.) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Charterhouse Development Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Charterhouse Management Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Charterhouse Pensions Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Chongqing Dazu HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	(100.00%)
Chongqing Fengdu HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Chongqing Rongchang HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
CL Residential Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
COIF Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Cordico Management AG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Corhold Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Dalian Pulandian HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Decision One Mortgage Company, LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Dem 5
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Dem 9
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Dempar 1
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Dempar 4
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Desarrollo Turistico, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
Ellenville Holdings, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Elysees GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Elysées Immo Invest
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
EMTT Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Equator Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Eton Corporate Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Far East Leasing SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Fdm 5 SAS
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
FEPC Leasing Ltd.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Finanpar 2
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Finanpar 7
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Flandres Contentieux S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Foncière Elysées
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Forward Trust Rail Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Fujian Yongan HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Fulcher Enterprises Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Fundacion HSBC, A.C.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Gesico International SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Giller Ltd.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
GPIF Co-Investment, LLC
Disclosure of subsidiaries [line items]
Group interest percent	80.00%
GPIF-I Equity Co., Ltd.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
GPIF-I Finance Co., Ltd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Griffin International Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Grupo Financiero HSBC, S. A. de C. V.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
Guangdong Enping HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
GZ Guyerzeller Corporation (in liquidation)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng (Nominee) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Bank (China) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Bank (Trustee) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Bank Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
Hang Seng Bullion Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Credit Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Data Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Finance Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Financial Information Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Futures Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Indexes Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Insurance Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Investment Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Investment Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Life Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Real Estate Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Securities Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hang Seng Security Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Haseba Investment Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HFC Bank Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HFC Company LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
High Time Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HITG Administration GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Honey Green Enterprises Ltd.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hongkong International Trade Finance (Holdings) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Capital Markets LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Commercial Financial Services, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Consumer Discount Company
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Corporation II
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Corporation III
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Corporation of Alabama
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Corporation of California
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Industrial Loan Company of Iowa
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Realty Corporation of Nevada
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Finance Realty Corporation of New York
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Financial Center Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Industrial Finance Company
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Insurance Group Holding Company
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household International Europe Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Pooling Corporation
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Household Realty Corporation
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HRMG Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC (BGF) Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trust Company (BVI) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC (General Partner) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC (Guernsey) GP PCC Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC (Kuala Lumpur) Nominees Sdn Bhd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC (Malaysia) Trustee Berhad
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC (Singapore) Nominees Pte Ltd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Administradora de Inversiones S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Agency (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Alternative Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Amanah Malaysia Berhad
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Amanah Takaful (Malaysia) Berhad
Disclosure of subsidiaries [line items]
Group interest percent	49.00%
HSBC Americas Corporation (Delaware)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Argentina Holdings S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asia Holdings (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asia Holdings B.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asia Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asia Pacific Holdings (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asset Finance (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asset Finance Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asset Finance M.O.G. Holdings (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Asset Management (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Assurances Vie (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Australia Holdings Pty Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (Chile)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (China) Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (General Partner) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (Mauritius) Limited
Disclosure of subsidiaries [line items]
Group interest percent	72.95%
HSBC Bank (RR) (Limited Liability Company)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (Singapore) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (Taiwan) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (Uruguay) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank (Vietnam) Ltd.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank A.S.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Argentina S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Armenia cjsc
Disclosure of subsidiaries [line items]
Group interest percent	70.00%
HSBC Bank Australia Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Bermuda Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Canada
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Capital Funding (Sterling 1) LP
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Capital Funding (Sterling 2) LP
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Egypt S.A.E
Disclosure of subsidiaries [line items]
Group interest percent	94.54%
HSBC Bank International Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Malaysia Berhad
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Malta p.l.c.
Disclosure of subsidiaries [line items]
Group interest percent	70.03%
HSBC Bank Middle East Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Middle East Limited, Representative Office Morocco SARL
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Nominee (Jersey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Oman S.A.O.G.
Disclosure of subsidiaries [line items]
Group interest percent	51.00%
HSBC Bank Pension Trust (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank plc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank Polska S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Bank USA, National Association
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Branch Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Brasil Holding S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC BRASIL S.A. BANCO DE INVESTIMENTO
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Forex (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Futures (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Futures (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Nominees (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Securities (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Securities (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Broking Services (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Canada Holdings (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Canadian Covered Bond (Legislative) GP Inc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Capital (Canada) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Capital (USA), Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Capital Funding (Dollar 1) L.P.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Capital Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Card Services Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Cayman Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC City Funding Holdings
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Client Holdings Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Client Share Offer Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Columbia Funding, LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Corporate Advisory (Malaysia) Sdn Bhd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Corporate Finance (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Corporate Trustee Company (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Credit Center, Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Custody Nominees (Australia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Custody Services (Guernsey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Daisy Investments (Mauritius) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Diversified Loan Fund General Partner Sarl
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Electronic Data Processing (Guangdong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Electronic Data Processing (Malaysia) Sdn Bhd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Electronic Data Processing (Philippines), Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Electronic Data Processing India Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Electronic Data Processing Lanka (Private) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Electronic Data Service Delivery (Egypt) S.A.E.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Enterprise Investment Company (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Epargne Entreprise (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Equator (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Equipment Finance (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Equities (Luxembourg) S.a r.l.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Equity (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Europe B.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC European Clients Depositary Receipts Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Executor & Trustee Company (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Factoring (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Finance (Brunei) Berhad
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Finance (Netherlands)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Finance Corporation
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Finance Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Finance Mortgages Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Finance Transformation (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Financial Services (Lebanon) s.a.l.
Disclosure of subsidiaries [line items]
Group interest percent	99.70%
HSBC Financial Services (Middle East) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Financial Services (Uruguay) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC France
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Fund Services (Korea) Limited
Disclosure of subsidiaries [line items]
Group interest percent	92.95%
HSBC Funding (UK) Holdings
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Germany Holdings GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Gestion (Monaco) SA
Disclosure of subsidiaries [line items]
Group interest percent	99.80%
HSBC Global Asset Management (Bermuda) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Canada) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Deutschland) GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (International) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Japan) K. K.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Malta) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (México), S.A. de C.V., Sociedad Operadora de Fondos de Inversión, Grupo Financiero HSBC
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Global Asset Management (Oesterreich) GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Singapore) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Switzerland) AG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (Taiwan) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management Holdings (Bahamas) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Asset Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Custody Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Custody Proprietary Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Services (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Services (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Global Shared Services (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Group Management Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Group Nominees UK Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings B.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Home Equity Loan Corporation II
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC IM Pension Trust Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Infrastructure Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC INKA Investment-AG TGV
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Inmobiliaria (Mexico), S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Institutional Trust Services (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Institutional Trust Services (Bermuda) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Institutional Trust Services (Ireland) DAC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Institutional Trust Services (Mauritius) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Institutional Trust Services (Singapore) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance (Asia-Pacific) Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance (Bermuda) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance (Singapore) Pte. Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance Agency (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance Brokers (Philippines) Inc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance Brokers (Taiwan) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance Management Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Insurance Services (Lebanon) S.A.L.
Disclosure of subsidiaries [line items]
Group interest percent	97.70%
HSBC Insurance Services Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Finance Corporation (Delaware)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Financial Services (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Holdings (Jersey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Trade Finance Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Trustee (BVI) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Trustee (Holdings) Pte. Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC International Trustee Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Inversiones S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Inversiones y Servicios Financieros Limitada
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC InvestDirect (India) Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC InvestDirect Financial Services (India) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC InvestDirect Sales & Marketing (India) Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC InvestDirect Securities (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Investment Bank Holdings B.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Investment Bank Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Investment Funds (Canada) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Investment Funds (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Investment Funds (Luxembourg) SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Investments (Bahamas) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Invoice Finance (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Iris Investments (Mauritius) Ltd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Issuer Services Common Depositary Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Issuer Services Depositary Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Land Title Agency (USA) LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Latin America B.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Latin America Holdings (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Leasing (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Leasing (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Life (International) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Life (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Life Assurance (Malta) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Lodge Funding (UK) Holdings
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC LU Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Management (Guernsey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Markets (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Marking Name Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero HSBC
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Middle East Finance Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Middle East Holdings B.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Middle East Securities L.L.C
Disclosure of subsidiaries [line items]
Group interest percent	49.00%
HSBC Mortgage Corporation (Canada)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Mortgage Corporation (USA)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Mortgage Services Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Nominees (Asing) Sdn Bhd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Nominees (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Nominees (New Zealand) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Nominees (Tempatan) Sdn Bhd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC North America Holdings Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Odeme Sistemleri Bilgisayar Teknolojileri Basin Yayin Ve Musteri Hizmetleri
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Overseas Holdings (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Overseas Investments Corporation (New York)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Overseas Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Participaciones (Argentina) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC PB Corporate Services 1 Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC PB Services (Suisse) SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Pension Trust (Ireland) DAC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Pensiones, S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC PI Holdings (Mauritius) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Portfoy Yonetimi A.S.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Preferential LP (UK)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Bank (C.I.) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Bank (Luxembourg) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Bank (Monaco) SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Bank (Suisse) SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Bank (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Bank International
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Banking Holdings (Suisse) SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Banking Nominee 3 (Jersey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Equity Advisors LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Equity Investments (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Trustee (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Private Wealth Services (Canada) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Professional Services (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Property (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Property Funds (Holding) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Property Funds Investment Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Provident Fund Trustee (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Qianhai Securities Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Rail (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Real Estate Leasing (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.00%
HSBC Realty Credit Corporation (USA)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC REIM (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Representative Office (Nigeria) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Retail Services Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Retirement Benefits Trustee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Savings Bank (Philippines) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Securities (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (B) Berhad
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (Canada) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (Egypt) S.A.E.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (Japan) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (Philippines) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Securities (Singapore) Pte Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (South Africa) (Pty) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (Taiwan) Corporation Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities and Capital Markets (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Securities Asia International Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Asia Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Brokers (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Investments (Asia) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services (Bermuda) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services (Guernsey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services (Ireland) DAC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services (Luxembourg) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services Holding Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Securities Services Holdings (Ireland) DAC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Seguros de Retiro (Argentina) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Seguros de Vida (Argentina) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Seguros, S.A de C.V., Grupo Financiero HSBC
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Service Delivery (Polska) Sp. z o.o.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Services (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Services Japan Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Servicios Financieros, S.A. de C.V
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Servicios, S.A. DE C.V., Grupo Financiero HSBC
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC SFH (France)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Software Development (Canada) Inc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Software Development (Guangdong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Software Development (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Software Development (Malaysia) Sdn Bhd
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Specialist Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Stockbroker Services (Client Assets) Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Stockbrokers Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Taxpayer Financial Services Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Technology & Services (China) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Technology & Services (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC TFS I 2005 LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Transaction Services GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus & Burkhardt (International) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus & Burkhardt AG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus & Burkhardt Gesellschaft fur Bankbeteiligungen mbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus Europa Immobilien-Fonds Nr. 5 GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus Family Office GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus Immobilien Beteiligungs KG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trinkaus Real Estate GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trust Company (Canada)
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trust Company (Delaware), National Association
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trust Company (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trust Company AG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trustee (C.I.) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trustee (Cayman) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trustee (Guernsey) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trustee (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trustee (Mauritius) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Trustee (Singapore) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC UK Bank plc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC UK Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC USA Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Valores S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Violet Investments (Mauritius) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Wealth Client Nominee Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Yatirim Menkul Degerler A.S.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSI Asset Securitization Corporation
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSI International Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSIL Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hubei Macheng HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hubei Suizhou Cengdu HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hubei Tianmen HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Hunan Pingjiang HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Imenson Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
INKA Internationale Kapitalanlagegesellschaft mbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Inmobiliaria Banci, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Inmobiliaria Bisa, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Inmobiliaria Grufin, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Inmobiliaria Guatusi, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
IRERE Property Investments (French Offices) Sarl
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
James Capel & Co. Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
James Capel (Channel Islands) Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
James Capel (Nominees) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
James Capel (Second Nominees) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
James Capel (Taiwan) Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
John Lewis Financial Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Keyser Ullmann Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Kings Meadow Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Legend Estates Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Lion Corporate Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Lion International Corporate Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Lion International Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Lion Management (Hong Kong) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Lyndholme Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Marks and Spencer Financial Services plc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Marks and Spencer Retail Financial Services Holdings Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Marks and Spencer Savings and Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Marks and Spencer Unit Trust Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Maxima S.A. AFJP
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Mercantile Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Mexicana de Fomento, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.80%
Midcorp Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Midland Bank (Branch Nominees) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Midland Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
MIL (Cayman) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
MW Gestion SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Promocion en Bienes Raices, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Prudential Client HSBC GIS Nominee (UK) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
PT Bank HSBC Indonesia
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
PT HSBC Securities Indonesia
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
R/CLIP Corp.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Republic Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Republic Overseas Capital Corporation
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
RLUKREF Nominees (UK) One Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
RLUKREF Nominees (UK) Two Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
S.A.P.C. – Ufipro Recouvrement
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Baiyun
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Chang Jiang
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Chang Jiang Shi Liu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Chang Jiang Shi Wu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Guangzhou
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Yi
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Ba
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Er
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Jiu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Liu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Qi
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang San
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi Ba
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi Er
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi Jiu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi Liu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi Qi
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shi Wu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Shiyi
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Saf Zhu Jiang Wu
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Samada Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SAS Bosquet-Audrain
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SAS Cyatheas Pasteur
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SAS Orona
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SCI HSBC Assurances Immo
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Secondary Club Deal I GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Secondary Club Deal II GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SFSS Nominees (Pty) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Shandong Rongcheng HSBC Rural Bank Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Sico Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNC Dorique
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNC Kerouan
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNC Les Mercuriales
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNC Les Oliviers D’Antibes
Disclosure of subsidiaries [line items]
Group interest percent	59.99%
SNC Makala
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNC Nuku-Hiva Bail
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNCB/M6 - 2008 A
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNCB/M6-2007 A
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SNCB/M6-2007 B
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Societe CCF Finance Moyen-Orient S.A.L. (in liquidation)
Disclosure of subsidiaries [line items]
Group interest percent	96.64%
Société Financière et Mobilière
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Société Française et Suisse
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Societe Immobiliere Atlas S.A.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Somers Dublin DAC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Somers Nominees (Far East) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Sopingest
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
South Yorkshire Light Rail Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
SPE 1 2005 Manager Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
St Cross Trustees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Sun Hung Kai Development (Lujiazui III) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Swan National Leasing (Commercials) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Swan National Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Tasfiye Halinde HSBC Internet ve Telekomunikasyon Hizmetleri Anonim Sirketi
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Tempus Management AG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Thasosfin
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
The Hongkong and Shanghai Banking Corporation Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
The Venture Catalysts Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Timberlink Settlement Services (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
TKM International Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Tooley Street View Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Tower Investment Management
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Australien Immobilien Fonds Nr. 1 Brisbane GmbH & Co. KG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Australien Immobilien-Fonds Nr. 1 Treuhand-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Canada Immobilien-Fonds Nr. 1 Verwaltungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Europa Immobilien-Fonds Nr.3 Objekt Utrecht Verwaltungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Immobilien-Fonds Geschaeftsfuehrungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Immobilien-Fonds Verwaltungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Private Equity Management GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Trinkaus Private Equity Verwaltungs GmbH
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Tropical Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Turnsonic (Nominees) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Vadep Holding AG
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Valeurs Mobilières Elysées
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Vintage 2016 HV GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Vintage 2016 KKR GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Vintage 2017 Athyrium GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Vintage I Secondary GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Vintage III Special Situations GP Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Wardley Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Wayfoong Credit Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Wayfoong Finance Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Wayfoong Nominees Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Wayhong (Bahamas) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Westminster House, LLC
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Woodex Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
Yan Nin Development Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | CCF Charterhouse GmbH & Co Asset Leasing KG
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | CCF Charterhouse GmbH
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Charterhouse Administrators ( D.T.) Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Charterhouse Management Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Dem 5
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Dem 9
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Dempar 1
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Dempar 4
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Elysees GmbH
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Elysées Immo Invest
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Fdm 5 SAS
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Finanpar 2
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Finanpar 7
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Flandres Contentieux S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Foncière Elysées
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Fulcher Enterprises Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Gesellschaft fur Industrielle Beteiligungen und Finanzierung mbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Hang Seng (Nominee) Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Bank (China) Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Bank (Trustee) Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Bank Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Bullion Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Credit Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Data Services Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Finance Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Financial Information Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Futures Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Indexes Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Insurance Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Hang Seng Investment Management Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | High Time Investments Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | HSBC Administradora de Inversiones S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.65%
HSBC Holdings | HSBC Asset Management (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Assurances Vie (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Bank (Chile)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Bank (China) Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank (Singapore) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank (Taiwan) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank Argentina S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Bank Australia Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank Canada
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank Malaysia Berhad
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank Middle East Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Bank plc
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Epargne Entreprise (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Factoring (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC France
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Global Asset Management (Deutschland) GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Global Asset Management (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Global Asset Management (Malta) Limited
Disclosure of subsidiaries [line items]
Group interest percent	70.02%
HSBC Holdings | HSBC Global Asset Management (Oesterreich) GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Global Asset Management (Switzerland) AG
Disclosure of subsidiaries [line items]
Group interest percent	90.33%
HSBC Holdings | HSBC Global Shared Services (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC INKA Investment-AG TGV
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Insurance Brokers (Philippines) Inc
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Inversiones y Servicios Financieros Limitada
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC InvestDirect (India) Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.54%
HSBC Holdings | HSBC InvestDirect Financial Services (India) Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.54%
HSBC Holdings | HSBC InvestDirect Sales & Marketing (India) Limited
Disclosure of subsidiaries [line items]
Group interest percent	98.54%
HSBC Holdings | HSBC InvestDirect Securities (India) Private Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.61%
HSBC Holdings | HSBC Land Title Agency (USA) LLC
Disclosure of subsidiaries [line items]
Group interest percent	5500.00%
HSBC Holdings | HSBC Leasing (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Life (International) Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Life Assurance (Malta) Limited
Disclosure of subsidiaries [line items]
Group interest percent	70.02%
HSBC Holdings | HSBC Middle East Finance Company Limited
Disclosure of subsidiaries [line items]
Group interest percent	80.00%
HSBC Holdings | HSBC Odeme Sistemleri Bilgisayar Teknolojileri Basin Yayin Ve Musteri Hizmetleri
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Participaciones (Argentina) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Portfoy Yonetimi A.S.
Disclosure of subsidiaries [line items]
Group interest percent	99.98%
HSBC Holdings | HSBC Private Banking Holdings (Suisse) SA
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Qianhai Securities Limited
Disclosure of subsidiaries [line items]
Group interest percent	51.00%
HSBC Holdings | HSBC REIM (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Securities (Egypt) S.A.E.
Disclosure of subsidiaries [line items]
Group interest percent	94.65%
HSBC Holdings | HSBC Securities (USA) Inc.
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | HSBC Seguros de Retiro (Argentina) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Seguros de Vida (Argentina) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Services (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC SFH (France)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Trinkaus & Burkhardt (International) S.A.
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Trinkaus & Burkhardt AG
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Trinkaus & Burkhardt Gesellschaft fur Bankbeteiligungen mbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Trinkaus Europa Immobilien-Fonds Nr. 5 GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Trinkaus Family Office GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Trinkaus Immobilien Beteiligungs KG
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Trinkaus Real Estate GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | HSBC Valores S.A.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | HSBC Yatirim Menkul Degerler A.S.
Disclosure of subsidiaries [line items]
Group interest percent	99.98%
HSBC Holdings | HSI International Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | Imenson Limited
Disclosure of subsidiaries [line items]
Group interest percent	62.14%
HSBC Holdings | INKA Internationale Kapitalanlagegesellschaft mbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Inmobiliaria Banci, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	98.91%
HSBC Holdings | Inmobiliaria Bisa, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Inmobiliaria Grufin, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Inmobiliaria Guatusi, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Keyser Ullmann Limited
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Maxima S.A. AFJP
Disclosure of subsidiaries [line items]
Group interest percent	99.98%
HSBC Holdings | Promocion en Bienes Raices, S.A. de C.V.
Disclosure of subsidiaries [line items]
Group interest percent	99.19%
HSBC Holdings | PT Bank HSBC Indonesia
Disclosure of subsidiaries [line items]
Group interest percent	98.93%
HSBC Holdings | PT HSBC Securities Indonesia
Disclosure of subsidiaries [line items]
Group interest percent	85.00%
HSBC Holdings | S.A.P.C. – Ufipro Recouvrement
Disclosure of subsidiaries [line items]
Group interest percent	99.97%
HSBC Holdings | Saf Baiyun
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Chang Jiang
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Chang Jiang Shi Liu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Chang Jiang Shi Wu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Guangzhou
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Yi
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Ba
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Er
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Jiu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Liu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Qi
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang San
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi Ba
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi Er
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi Jiu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi Liu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi Qi
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shi Wu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Shiyi
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Saf Zhu Jiang Wu
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SAS Bosquet-Audrain
Disclosure of subsidiaries [line items]
Group interest percent	94.90%
HSBC Holdings | SAS Cyatheas Pasteur
Disclosure of subsidiaries [line items]
Group interest percent	94.93%
HSBC Holdings | SAS Orona
Disclosure of subsidiaries [line items]
Group interest percent	94.92%
HSBC Holdings | SCI HSBC Assurances Immo
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNC Dorique
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNC Kerouan
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNC Les Mercuriales
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNC Makala
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNC Nuku-Hiva Bail
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNCB/M6 - 2008 A
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNCB/M6-2007 A
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | SNCB/M6-2007 B
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Societe CCF Finance Moyen-Orient S.A.L. (in liquidation)
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Société Financière et Mobilière
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Société Française et Suisse
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Sopingest
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Tasfiye Halinde HSBC Internet ve Telekomunikasyon Hizmetleri Anonim Sirketi
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | Thasosfin
Disclosure of subsidiaries [line items]
Group interest percent	99.99%
HSBC Holdings | The Hongkong and Shanghai Banking Corporation Limited
Disclosure of subsidiaries [line items]
Group interest percent	100.00%
HSBC Holdings | Trinkaus Australien Immobilien Fonds Nr. 1 Brisbane GmbH & Co. KG
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Australien Immobilien-Fonds Nr. 1 Treuhand-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Canada Immobilien-Fonds Nr. 1 Verwaltungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Europa Immobilien-Fonds Nr.3 Objekt Utrecht Verwaltungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Immobilien-Fonds Geschaeftsfuehrungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Immobilien-Fonds Verwaltungs-GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Private Equity Management GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Trinkaus Private Equity Verwaltungs GmbH
Disclosure of subsidiaries [line items]
Group interest percent	80.67%
HSBC Holdings | Valeurs Mobilières Elysées
Disclosure of subsidiaries [line items]
Group interest percent	99.99%

HSBC Holdings' subsidiaries,230

HSBC Holdings' subsidiaries, joint ventures and associates - Joint Ventures (Details)	12 Months Ended
	Dec. 31, 2017
HCM Holdings Limited
Disclosure of joint ventures [line items]
Group interest percent	50.99%
House Network Sdn Bhd
Disclosure of joint ventures [line items]
Group interest percent	25.00%
HSBC Jintrust Fund Management Company Limited
Disclosure of joint ventures [line items]
Group interest percent	49.00%
HSBC Kingdom Africa Investments (Cayman) Limited
Disclosure of joint ventures [line items]
Group interest percent	50.00%
HSBC Life Insurance Company Limited
Disclosure of joint ventures [line items]
Group interest percent	50.00%
ProServe Bermuda Limited
Disclosure of joint ventures [line items]
Group interest percent	50.00%
Vaultex UK Limited
Disclosure of joint ventures [line items]
Group interest percent	50.00%
HSBC Saudi Arabia
Disclosure of joint ventures [line items]
Group interest percent	49.40%
HSBC Holdings | HSBC Saudi Arabia
Disclosure of joint ventures [line items]
Group interest percent	69.40%

HSBC Holdings' subsidiaries,231

HSBC Holdings' subsidiaries, joint ventures and associates - Associates (Details)	12 Months Ended
	Dec. 31, 2017
Bank of Communications Co., Limited
Disclosure of associates [line items]
Group interest percent	19.03%
Barrowgate Limited
Disclosure of associates [line items]
Group interest percent	24.64%
BGF Group Limited
Disclosure of associates [line items]
Group interest percent	24.38%
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited
Disclosure of associates [line items]
Group interest percent	26.00%
CFAC Payment Scheme Limited
Disclosure of associates [line items]
Group interest percent	33.33%
Electronic Payment Services Company (Hong Kong) Limited
Disclosure of associates [line items]
Group interest percent	33.99%
Electronic Payment Services Company (Hong Kong) Limited
Disclosure of associates [line items]
Group interest percent	19.33%
EPS Company (Hong Kong) Limited
Disclosure of associates [line items]
Group interest percent	40.58%
Guangzhou GuangZheng Hang Seng Securities Advisory Co. Ltd.
Disclosure of associates [line items]
Group interest percent	33.00%
GZHS Research Co Ltd
Disclosure of associates [line items]
Group interest percent	20.50%
Hang Seng Qianhai Fund Management Company Limited
Disclosure of associates [line items]
Group interest percent	43.50%
HSBC TFS II 2005 LLC
Disclosure of associates [line items]
Group interest percent	20.00%
Jeppe Star Limited
Disclosure of associates [line items]
Group interest percent	33.99%
MENA Infrastructure Fund (GP) Ltd
Disclosure of associates [line items]
Group interest percent	33.33%
Novo Star Limited
Disclosure of associates [line items]
Group interest percent	20.88%
Novo Star Limited
Disclosure of associates [line items]
Group interest percent	33.99%
Peregrine Capital Services Ltd
Disclosure of associates [line items]
Group interest percent	33.46%
Quantexa Limited
Disclosure of associates [line items]
Group interest percent	10.00%
Services Epargne Entreprise SAS
Disclosure of associates [line items]
Group interest percent	14.35%
The London Gold Market Fixing Limited
Disclosure of associates [line items]
Group interest percent	25.00%
The Saudi British Bank
Disclosure of associates [line items]
Group interest percent	40.00%
Vizolution Limited
Disclosure of associates [line items]
Group interest percent	17.95%

Strategic Report - Global Busin

Strategic Report - Global Businesses Highlights (Details) $ / shares in Units, customer in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)countrycustomerfunction$ / shares	Dec. 31, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)$ / shares
Disclosure of operating segments [line items]
Number of global functions | function	11
Number of customers | customer	1.7
Number of countries in which entity operates | country	53
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Risk-weighted assets	$ 0	$ 0
Return on equity	5.90%
Adjusted jaws ratio	1.00%
Dividends per ordinary share in respect of 2017 (in USD per share) | $ / shares	$ 0.51	$ 0.51	$ 0.50
Operating Segments, Including Adjustments
Disclosure of operating segments [line items]
Profit before tax	$ 20,990	$ 18,934	$ 18,795
Risk-weighted assets	868,617	878,304	1,047,775
Retail Banking And Wealth Management | Operating Segments, Including Adjustments
Disclosure of operating segments [line items]
Profit before tax	6,478	5,236	5,506
Risk-weighted assets	121,466	114,683	116,047
Commercial Banking | Operating Segments, Including Adjustments
Disclosure of operating segments [line items]
Profit before tax	6,780	5,904	5,234
Risk-weighted assets	301,000	286,912	282,149
Global Banking and Markets | Operating Segments, Including Adjustments
Disclosure of operating segments [line items]
Profit before tax	5,774	5,509	5,303
Risk-weighted assets	299,272	307,736	318,818
Global Private Banking | Operating Segments, Including Adjustments
Disclosure of operating segments [line items]
Profit before tax	296	272	373
Risk-weighted assets	$ 16,036	$ 15,649	$ 17,661

Strategic Report - Retail Banki

Strategic Report - Retail Banking And Wealth Management (Details) customer in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)marketcustomer	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Disclosure of operating segments [line items]
Number of customers | customer	1.7
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Adjusted jaws ratio	1.00%
Revenue	$ 51,445	47,966	59,800
Impairment loss (reversal of impairment Loss)	1,769	3,400	3,721
Operating expense	34,884	39,808	39,768
United States
Disclosure of operating segments [line items]
Revenue	4,573	5,094	5,541
United Kingdom
Disclosure of operating segments [line items]
Revenue	11,057	9,495	14,132
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Profit before tax	20,990	18,934	18,795
Revenue	51,524	49,290	50,422
Impairment loss (reversal of impairment Loss)	1,769	2,594	2,579
Operating expense	$ 31,140	30,084	31,457
Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Number of customers | customer	37
Number of core markets | market	6
Percentage increase in customer deposits	5.00%
Increase (decrease) in lending balances	7.00%
Increase (decrease) in insurance annualised new business premiums	7.00%
Profit before tax	$ 6,500	5,200	5,500
Increase (decrease) in profit (loss) before tax	$ 1,200
Increase (decrease) in profit (loss) before tax, percent	24.00%
Adjusted jaws ratio	4.00%
Revenue	$ 20,287	$ 18,542	$ 18,838
Increase (decrease) in revenue/net operating income	$ 1,745
Increase (decrease) in revenue/net operating income, percent	9.00%
Impairment loss (reversal of impairment Loss)	$ 1,000
Increase (decrease) in impairment loss	$ (200)
Increase (decrease) in impairment loss, percent	(14.00%)
Operating expense	$ 12,800
Increase (decrease) in operating expenses	$ 700
Increase (decrease) in operating expenses, percent	5.00%
Return on risk-weighted assets	5.50%	4.60%	4.80%
Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Turkey
Disclosure of operating segments [line items]
Increase (decrease) in impairment loss	$ (85)
Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | United States
Disclosure of operating segments [line items]
Increase (decrease) in impairment loss	(44)
Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Mexico
Disclosure of operating segments [line items]
Increase (decrease) in impairment loss	24
Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | United Kingdom
Disclosure of operating segments [line items]
Impairment loss (reversal of impairment Loss)	$ 132
Percentage of portfolio impaired	0.10%
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Revenue	$ 13,495	$ 12,695	$ 12,508
Increase (decrease) in revenue/net operating income	$ 800
Increase (decrease) in revenue/net operating income, percent	6.00%
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | – current accounts, savings and deposits
Disclosure of operating segments [line items]
Revenue	$ 6,344	5,213	4,814
Increase (decrease) in revenue/net operating income	$ 1,131
Increase (decrease) in revenue/net operating income, percent	22.00%
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | – personal lending
Disclosure of operating segments [line items]
Revenue	$ 7,151	7,482	7,694
Increase (decrease) in revenue/net operating income	$ (331)
Increase (decrease) in revenue/net operating income, percent	(4.00%)
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | mortgages
Disclosure of operating segments [line items]
Revenue	$ 2,337	2,546	2,648
Increase (decrease) in revenue/net operating income	$ (209)
Increase (decrease) in revenue/net operating income, percent	(8.00%)
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | mortgages | United Kingdom And Hong Kong
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 22,200
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | credit cards
Disclosure of operating segments [line items]
Revenue	2,899	3,034	3,218
Increase (decrease) in revenue/net operating income	$ (135)
Increase (decrease) in revenue/net operating income, percent	(4.00%)
Retail Banking | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | other personal lending
Disclosure of operating segments [line items]
Revenue	$ 1,915	1,902	1,828
Increase (decrease) in revenue/net operating income	$ 13
Increase (decrease) in revenue/net operating income, percent	1.00%
Wealth Management | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Revenue	$ 6,224	5,292	5,748
Increase (decrease) in revenue/net operating income	$ 932
Increase (decrease) in revenue/net operating income, percent	18.00%
Wealth Management | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Investment distribution
Disclosure of operating segments [line items]
Revenue	$ 3,276	2,904	3,230
Increase (decrease) in revenue/net operating income	$ 372
Increase (decrease) in revenue/net operating income, percent	13.00%
Wealth Management | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Life insurance manufacturing
Disclosure of operating segments [line items]
Revenue	$ 1,893	1,401	1,544
Increase (decrease) in revenue/net operating income	$ 492
Increase (decrease) in revenue/net operating income, percent	35.00%
Increase (decrease) in investment returns	$ 300	(400)
Wealth Management | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Asset management
Disclosure of operating segments [line items]
Revenue	1,055	987	974
Increase (decrease) in revenue/net operating income	$ 68
Increase (decrease) in revenue/net operating income, percent	7.00%
Other | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Revenue	$ 568	$ 555	$ 582
Increase (decrease) in revenue/net operating income	$ 13
Increase (decrease) in revenue/net operating income, percent	2.00%
Equities | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in sales of investment products	45.00%
Mutual Funds | Retail Banking And Wealth Management | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in sales of investment products	22.00%

Strategic Report - Commerical B

Strategic Report - Commerical Banking (Details) customer in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)marketcountrycustomer	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Disclosure of operating segments [line items]
Number of customers | customer	1.7
Number of countries in which entity operates | country	53
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Adjusted jaws ratio	1.00%
Impairment loss (reversal of impairment Loss)	$ 1,769	3,400	3,721
Operating expense	34,884	39,808	39,768
Risk-weighted assets	0	0
Revenue	51,445	47,966	59,800
United Kingdom
Disclosure of operating segments [line items]
Revenue	11,057	9,495	14,132
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Profit before tax	20,990	18,934	18,795
Impairment loss (reversal of impairment Loss)	1,769	2,594	2,579
Operating expense	31,140	30,084	31,457
Revenue	$ 51,524	49,290	50,422
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking
Disclosure of operating segments [line items]
Number of customers | customer	1.7
Number of countries in which entity operates | country	53
Profit before tax	$ 6,800	5,900	5,200
Increase (decrease) in profit (loss) before tax	$ 900
Increase (decrease) in profit (loss) before tax, percent	15.00%
Adjusted jaws ratio	1.30%
Increase (decrease) in revenue/net operating income, percent	5.00%
Increase (decrease) in revenue/net operating income	$ 604
Impairment loss (reversal of impairment Loss)	500
Increase (decrease) in impairment loss	$ (500)
Increase (decrease) in impairment loss, percent	(49.00%)
Operating expense	$ 200
Increase (decrease) in operating expenses, percent	3.00%
Increase (decrease) in risk weighted assets, percent	5.00%
Risk-weighted assets	$ 300,995
Increase (decrease) in risk-weighted assets	(14,000)
Revenue	$ 13,223	$ 12,619	$ 12,507
Return on risk-weighted assets	2.30%	2.10%	1.90%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Corporate Customer Value
Disclosure of operating segments [line items]
Growth Percentage	19.00%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Voice and Touch ID
Disclosure of operating segments [line items]
Number of core markets | market	37
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Global Trade and Receivables Finance
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income, percent	(1.00%)
Increase (decrease) in revenue/net operating income	$ (21)
Revenue	$ 1,817	$ 1,838	$ 2,039
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Credit and Lending
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income, percent	1.00%
Increase (decrease) in revenue/net operating income	$ 52
Revenue	$ 5,061	5,009	4,934
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Global Liquidity and Cash Management
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income, percent	13.00%
Increase (decrease) in revenue/net operating income	$ 536
Revenue	$ 4,783	4,247	4,077
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Global Liquidity and Cash Management | United Kingdom
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income, percent	10.00%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Commercial Banking | Markets products, Insurance and Investments and Other
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income, percent	2.00%
Increase (decrease) in revenue/net operating income	$ 37
Revenue	$ 1,562	$ 1,525	$ 1,457

Strategic Report - Global Banki

Strategic Report - Global Banking and Markets (Details) $ in Millions	12 Months Ended			31 Months Ended
	Dec. 31, 2017USD ($)countrycustomer	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2017USD ($)countrycustomer
Disclosure of operating segments [line items]
Number of customers | customer	1,700,000			1,700,000
Number of countries in which entity operates | country	53			53
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Adjusted jaws ratio	1.00%
Impairment loss (reversal of impairment Loss)	$ 1,769	3,400	3,721
Revenue	51,445	47,966	59,800
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Profit before tax	20,990	18,934	18,795
Impairment loss (reversal of impairment Loss)	1,769	2,594	2,579
Revenue	$ 51,524	49,290	50,422
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets
Disclosure of operating segments [line items]
Number of customers | customer	4,100			4,100
Number of countries in which entity operates | country	50			50
Profit before tax	$ 5,800	5,500	5,300
Increase (decrease) in profit (loss) before tax	$ 300
Increase (decrease) in profit (loss) before tax, percent	5.00%
Adjusted jaws ratio	1.30%
Increase (decrease) in revenue/net operating income	$ 376
Increase (decrease) in revenue/net operating income, percent	3.00%
Impairment loss (reversal of impairment Loss)	$ 500
Increase (decrease) in operating expenses	$ 100
Increase (decrease) in operating expenses, percent	1.00%
Increase (decrease) in risk-weighted assets	$ (32,000)			$ (128,000)
Revenue	$ 15,091	$ 14,715	$ 14,278
Return on risk-weighted assets	1.90%	1.70%	1.50%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Products and services excluding credit and funding valuation adjustments
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 600
Increase (decrease) in revenue/net operating income, percent	4.00%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Global Markets
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 33
Increase (decrease) in revenue/net operating income, percent	0.00%
Revenue	$ 6,689	$ 6,656	$ 6,010
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Foreign Exchange
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (196)
Increase (decrease) in revenue/net operating income, percent	(7.00%)
Revenue	$ 2,568	2,764	2,658
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Rates
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (150)
Increase (decrease) in revenue/net operating income, percent	(7.00%)
Revenue	$ 1,970	2,120	1,404
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Credit
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 119
Increase (decrease) in revenue/net operating income, percent	15.00%
Revenue	$ 900	781	606
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | – FICC
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (227)
Increase (decrease) in revenue/net operating income, percent	(4.00%)
Revenue	$ 5,438	5,665	4,668
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | – Equities
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 260
Increase (decrease) in revenue/net operating income, percent	26.00%
Revenue	$ 1,251	991	1,342
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Global Banking
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 16
Increase (decrease) in revenue/net operating income, percent	0.00%
Revenue	$ 3,807	3,791	3,757
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Global Liquidity and Cash Management
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 312
Increase (decrease) in revenue/net operating income, percent	17.00%
Revenue	$ 2,197	1,885	1,744
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Securities Services
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 185
Increase (decrease) in revenue/net operating income, percent	12.00%
Revenue	$ 1,746	1,561	1,600
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Global Trade and Receivables Finance
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 11
Increase (decrease) in revenue/net operating income, percent	2.00%
Revenue	$ 700	689	682
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Principal Investments
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 92
Increase (decrease) in revenue/net operating income, percent	41.00%
Revenue	$ 318	226	226
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Credit and funding valuation adjustments
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (211)
Increase (decrease) in revenue/net operating income, percent	(414.00%)
Revenue	$ (262)	(51)	186
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Banking and Markets | Other
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (62)
Increase (decrease) in revenue/net operating income, percent	(148.00%)
Revenue	$ (104)	$ (42)	$ 73

Strategic Report - Global Priva

Strategic Report - Global Private Banking (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of operating segments [line items]
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Adjusted jaws ratio	1.00%
Revenue	$ 51,445	47,966	59,800
Increase (decrease) in adjusted revenue in targeted markets, percent	10.00%
Impairment loss (reversal of impairment Loss)	$ 1,769	3,400	3,721
Operating expense	34,884	39,808	39,768
Hong Kong
Disclosure of operating segments [line items]
Revenue	14,992	12,864	14,447
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Profit before tax	20,990	18,934	18,795
Revenue	51,524	49,290	50,422
Impairment loss (reversal of impairment Loss)	1,769	2,594	2,579
Operating expense	31,140	30,084	31,457
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Private Banking
Disclosure of operating segments [line items]
Net new money inflows	15,000
Net new money outflows	15,000
Profit before tax	296	300	400
Increase (decrease) in profit (loss) before tax	$ 24
Increase (decrease) in profit (loss) before tax, percent	9.00%
Adjusted jaws ratio	3.20%
Revenue	$ 1,703	$ 1,748	$ 1,966
Increase (decrease) in revenue/net operating income	$ (45)
Increase (decrease) in revenue/net operating income, percent	(3.00%)
Impairment loss (reversal of impairment Loss)	$ 16
Operating expense	1,400
Increase (decrease) in operating expenses	$ (85)
Increase (decrease) in operating expenses, percent	(6.00%)
Return on risk-weighted assets	1.80%	1.60%	2.10%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Private Banking | Investment revenue
Disclosure of operating segments [line items]
Revenue	$ 693	$ 733	$ 902
Increase (decrease) in revenue/net operating income	$ (40)
Increase (decrease) in revenue/net operating income, percent	(5.00%)
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Private Banking | Lending
Disclosure of operating segments [line items]
Revenue	$ 387	411	411
Increase (decrease) in revenue/net operating income	$ (24)
Increase (decrease) in revenue/net operating income, percent	(6.00%)
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Private Banking | Deposit
Disclosure of operating segments [line items]
Revenue	$ 401	342	354
Increase (decrease) in revenue/net operating income	$ 59
Increase (decrease) in revenue/net operating income, percent	17.00%
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts | Global Private Banking | Other
Disclosure of operating segments [line items]
Revenue	$ 222	$ 262	$ 299
Increase (decrease) in revenue/net operating income	$ (40)
Increase (decrease) in revenue/net operating income, percent	(15.00%)

Strategic Report - Corporate Ce

Strategic Report - Corporate Centre (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of operating segments [line items]
Profit before tax	$ 17,167	$ 7,112	$ 18,867
Impairment loss (reversal of impairment Loss)	1,769	3,400	3,721
Operating expense	34,884	39,808	39,768
Revenue	51,445	47,966	59,800
Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Profit before tax	20,990	18,934	18,795
Impairment loss (reversal of impairment Loss)	1,769	2,594	2,579
Operating expense	31,140	30,084	31,457
Revenue	51,524	49,290	50,422
Corporate Centre | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Profit before tax	1,700
Increase (decrease) in profit (loss) before tax	$ (400)
Increase (decrease) in profit (loss) before tax, percent	(17.00%)
Increase (decrease) in revenue/net operating income	$ (446)
Increase (decrease) in revenue/net operating income, percent	(27.00%)
Increase (decrease) In interest expense on debt	$ 300
Increase (decrease) in investment yields	(300)
Increase (decrease) in the fair value of long-term debt and derivatives	100	(300)
Impairment loss (reversal of impairment Loss)	182	22
Operating expense	2,100
Increase (decrease) in operating expenses	$ 200
Increase (decrease) in operating expenses, percent	8.00%
Increase (decrease) in income from associates	$ 55
Increase (decrease) in income from associates, percent	2.00%
Revenue	$ 1,220	1,666	2,833
Corporate Centre | Central Treasury | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (114)
Increase (decrease) in revenue/net operating income, percent	(8.00%)
Revenue	$ 1,340	1,454	1,760
Corporate Centre | Legacy portfolios | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (716)
Increase (decrease) in revenue/net operating income, percent	(99.00%)
Revenue	$ 8	724	1,233
Corporate Centre | – US run-off portfolio | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (652)
Increase (decrease) in revenue/net operating income, percent	(94.00%)
Revenue	$ 40	692	1,165
Corporate Centre | – Legacy credit | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ (64)
Increase (decrease) in revenue/net operating income, percent	(200.00%)
Revenue	$ (32)	32	68
Corporate Centre | Other | Operating Segments, Including Adjustments And Elimination Of Intersegment Amounts
Disclosure of operating segments [line items]
Increase (decrease) in revenue/net operating income	$ 384
Increase (decrease) in revenue/net operating income, percent	(75.00%)
Revenue	$ (128)	$ (512)	$ (160)

Strategic Report - Remuneration

Strategic Report - Remuneration (Details) - GBP (£) £ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Douglas Flint
Disclosure of transactions between related parties [line items]
Base salary	£ 1,125	£ 1,500
Fixed pay allowance	0	0
Cash in lieu of pension	338	450
Annual incentive	0	0
LTI	0	0
Sub-total	1,463	1,950
Taxable benefits	83	100
Non-taxable benefits	64	86
Notional returns	0	0
Total	1,610	2,136
Stuart Gulliver
Disclosure of transactions between related parties [line items]
Base salary	1,250	1,250
Fixed pay allowance	1,700	1,700
Cash in lieu of pension	375	375
Annual incentive	2,127	1,695
LTI	0	0
Sub-total	5,452	5,020
Taxable benefits	500	557
Non-taxable benefits	71	71
Notional returns	63	27
Total	£ 6,086	5,675
Percentage of annual incentive award deferred in shares	60.00%
Stuart Gulliver | Tranche 1
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 2
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 3
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 4
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 5
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Iain Mackay
Disclosure of transactions between related parties [line items]
Base salary	£ 700	700
Fixed pay allowance	950	950
Cash in lieu of pension	210	210
Annual incentive	1,334	987
LTI	0	0
Sub-total	3,194	2,847
Taxable benefits	64	52
Non-taxable benefits	37	37
Notional returns	42	17
Total	3,337	2,953
Marc Moses
Disclosure of transactions between related parties [line items]
Base salary	700	700
Fixed pay allowance	950	950
Cash in lieu of pension	210	210
Annual incentive	1,358	1,005
LTI	0	0
Sub-total	3,218	2,865
Taxable benefits	16	15
Non-taxable benefits	38	38
Notional returns	42	18
Total	£ 3,314	£ 2,936

Report of the Directors - Analy

Report of the Directors - Analysis Of Adjusted Results By Global Business (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Disclosure of operating segments [line items]
Net interest income/(expense)	$ 28,176	$ 29,813	$ 32,531
Net fee income/(expense)	12,811	12,777	14,705
Net trading income	7,719	9,452	8,723
Other income/(expense)	337	(971)	1,055
Net operating income before loan impairment charges and other credit risk provisions	51,445	47,966	59,800
Loan impairment (charges)/recoveries and other credit risk provisions	(1,769)	(3,400)	(3,721)
Net operating income	49,676	44,566	56,079
Total operating expenses	(34,884)	(39,808)	(39,768)
Operating profit	14,792	4,758	16,311
Share of profit in associates and joint ventures	2,375	2,354	2,556
Profit before tax	17,167	7,112	18,867
Loans and advances to customers (net)	962,964	861,504	924,454
Interests in associates and joint ventures	22,744	20,029	19,139
Total assets	2,521,771	2,374,986	2,409,656
Customer accounts	1,364,462	1,272,386	1,289,586
Adjusted risk-weighted assets	0	0
Operating Segments, Including Adjustments And Inter-segment Eliminations
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	51,524	49,290	50,422
Loan impairment (charges)/recoveries and other credit risk provisions	(1,769)	(2,594)	(2,579)
Total operating expenses	(31,140)	(30,084)	(31,457)
Share of profit in associates and joint ventures	2,375	2,322	2,409
Profit before tax	20,990	18,934	18,795
Operating Segments, Including Adjustments And Inter-segment Eliminations | Retail Banking and Wealth Management
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	20,287	18,542	18,838
Loan impairment (charges)/recoveries and other credit risk provisions	(1,000)
Total operating expenses	(12,800)
Profit before tax	6,500	5,200	5,500
Operating Segments, Including Adjustments And Inter-segment Eliminations | Commercial Banking
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	13,223	12,619	12,507
Loan impairment (charges)/recoveries and other credit risk provisions	(500)
Total operating expenses	(200)
Profit before tax	6,800	5,900	5,200
Adjusted risk-weighted assets	300,995
Operating Segments, Including Adjustments And Inter-segment Eliminations | Global Banking and Markets
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	15,091	14,715	14,278
Loan impairment (charges)/recoveries and other credit risk provisions	(500)
Profit before tax	5,800	5,500	5,300
Operating Segments, Including Adjustments And Inter-segment Eliminations | Global Private Banking
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	1,703	1,748	1,966
Loan impairment (charges)/recoveries and other credit risk provisions	(16)
Total operating expenses	(1,400)
Profit before tax	296	300	400
Operating Segments, Including Adjustments And Inter-segment Eliminations | Corporate Centre
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	1,220	1,666	2,833
Loan impairment (charges)/recoveries and other credit risk provisions	(182)	(22)
Total operating expenses	(2,100)
Profit before tax	1,700
Operating Segments, Including Adjustments
Disclosure of operating segments [line items]
Net interest income/(expense)	28,284	28,179	27,994
Net fee income/(expense)	12,811	12,395	13,450
Net trading income	7,964	9,708	7,774
Other income/(expense)	2,465	(992)	1,204
Net operating income before loan impairment charges and other credit risk provisions	51,524	49,290	50,422
Loan impairment (charges)/recoveries and other credit risk provisions	(1,769)	(2,594)	(2,579)
Net operating income	49,755	46,696	47,843
Total operating expenses	(31,140)	(30,084)	(31,457)
Operating profit	18,615	16,612	16,386
Share of profit in associates and joint ventures	2,375	2,322	2,409
Profit before tax	$ 20,990	$ 18,934	$ 18,795
Share of HSBC’s adjusted profit before tax	100.00%	100.00%	100.00%
Adjusted cost efficiency ratio	0.604	0.610	0.624
Loans and advances to customers (net)	$ 962,964	$ 906,059	$ 905,697
Interests in associates and joint ventures	22,744	20,734	19,064
Total assets	2,521,771	2,489,459	2,321,378
Customer accounts	1,364,462	1,328,657	1,261,672
Adjusted risk-weighted assets	868,617	878,304	1,047,775
Operating Segments, Including Adjustments | Retail Banking and Wealth Management
Disclosure of operating segments [line items]
Net interest income/(expense)	13,959	12,919	12,299
Net fee income/(expense)	5,156	4,756	5,446
Net trading income	453	426	427
Other income/(expense)	719	441	666
Net operating income before loan impairment charges and other credit risk provisions	17,040	16,052	16,451
Loan impairment (charges)/recoveries and other credit risk provisions	(980)	(1,142)	(1,023)
Net operating income	19,307	17,400	17,815
Total operating expenses	(12,847)	(12,184)	(12,332)
Operating profit	6,460	5,216	5,483
Share of profit in associates and joint ventures	18	20	23
Profit before tax	$ 6,478	$ 5,236	$ 5,506
Share of HSBC’s adjusted profit before tax	30.90%	27.70%	29.30%
Adjusted cost efficiency ratio	0.633	0.657	0.655
Loans and advances to customers (net)	$ 346,148	$ 323,986	$ 313,927
Interests in associates and joint ventures	366	394	391
Total assets	468,281	435,839	422,322
Customer accounts	639,592	611,846	569,183
Adjusted risk-weighted assets	121,466	114,683	116,047
Operating Segments, Including Adjustments | Commercial Banking
Disclosure of operating segments [line items]
Net interest income/(expense)	9,062	8,491	8,287
Net fee income/(expense)	3,518	3,559	3,672
Net trading income	539	442	460
Other income/(expense)	104	127	88
Net operating income before loan impairment charges and other credit risk provisions	13,383	12,641	12,585
Loan impairment (charges)/recoveries and other credit risk provisions	(496)	(969)	(1,447)
Net operating income	12,727	11,650	11,060
Total operating expenses	(5,947)	(5,746)	(5,826)
Operating profit	6,780	5,904	5,234
Share of profit in associates and joint ventures	0	0	0
Profit before tax	$ 6,780	$ 5,904	$ 5,234
Share of HSBC’s adjusted profit before tax	32.30%	31.20%	27.80%
Adjusted cost efficiency ratio	0.450	0.455	0.466
Loans and advances to customers (net)	$ 316,533	$ 294,952	$ 281,826
Interests in associates and joint ventures	0	0	0
Total assets	348,243	320,173	309,266
Customer accounts	362,908	356,885	341,717
Adjusted risk-weighted assets	301,000	286,912	282,149
Operating Segments, Including Adjustments | Global Banking and Markets
Disclosure of operating segments [line items]
Net interest income/(expense)	4,886	4,798	4,422
Net fee income/(expense)	3,489	3,394	3,514
Net trading income	5,995	6,231	5,960
Other income/(expense)	721	292	382
Net operating income before loan impairment charges and other credit risk provisions	16,378	17,412	16,633
Loan impairment (charges)/recoveries and other credit risk provisions	(459)	(461)	(71)
Net operating income	14,632	14,254	14,207
Total operating expenses	(8,858)	(8,745)	(8,903)
Operating profit	5,774	5,509	5,304
Share of profit in associates and joint ventures	0	0	(1)
Profit before tax	$ 5,774	$ 5,509	$ 5,303
Share of HSBC’s adjusted profit before tax	27.50%	29.10%	28.20%
Adjusted cost efficiency ratio	0.587	0.594	0.624
Loans and advances to customers (net)	$ 252,474	$ 237,655	$ 243,662
Interests in associates and joint ventures	0	0	0
Total assets	980,485	981,893	886,750
Customer accounts	283,943	272,159	256,374
Adjusted risk-weighted assets	299,272	307,736	318,818
Operating Segments, Including Adjustments | Global Private Banking
Disclosure of operating segments [line items]
Net interest income/(expense)	816	801	819
Net fee income/(expense)	704	749	939
Net trading income	170	183	206
Other income/(expense)	13	15	2
Net operating income before loan impairment charges and other credit risk provisions	1,438	1,487	1,689
Loan impairment (charges)/recoveries and other credit risk provisions	(16)	0	(11)
Net operating income	1,687	1,748	1,955
Total operating expenses	(1,391)	(1,476)	(1,582)
Operating profit	296	272	373
Share of profit in associates and joint ventures	0	0	0
Profit before tax	$ 296	$ 272	$ 373
Share of HSBC’s adjusted profit before tax	1.40%	1.40%	2.00%
Adjusted cost efficiency ratio	0.817	0.844	0.805
Loans and advances to customers (net)	$ 40,326	$ 36,972	$ 42,592
Interests in associates and joint ventures	0	0	0
Total assets	45,745	43,234	51,190
Customer accounts	66,512	72,730	80,442
Adjusted risk-weighted assets	16,036	15,649	17,661
Operating Segments, Including Adjustments | Corporate Centre
Disclosure of operating segments [line items]
Net interest income/(expense)	(439)	1,170	2,167
Net fee income/(expense)	(56)	(63)	(121)
Net trading income	807	2,426	721
Other income/(expense)	908	(1,867)	66
Net operating income before loan impairment charges and other credit risk provisions	3,285	1,698	3,064
Loan impairment (charges)/recoveries and other credit risk provisions	182	(22)	(27)
Net operating income	1,402	1,644	2,806
Total operating expenses	(2,097)	(1,933)	(2,814)
Operating profit	(695)	(289)	(8)
Share of profit in associates and joint ventures	2,357	2,302	2,387
Profit before tax	$ 1,662	$ 2,013	$ 2,379
Share of HSBC’s adjusted profit before tax	7.90%	10.60%	12.70%
Adjusted cost efficiency ratio	1.719	1.160	0.993
Loans and advances to customers (net)	$ 7,483	$ 12,494	$ 23,690
Interests in associates and joint ventures	22,378	20,340	18,673
Total assets	679,017	708,320	651,847
Customer accounts	11,507	15,037	13,956
Adjusted risk-weighted assets	130,848	153,324	313,100
Inter-segment
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	0	0	0
Inter-segment | Retail Banking and Wealth Management
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	3,247	2,490	2,387
Inter-segment | Commercial Banking
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	(160)	(22)	(78)
Inter-segment | Global Banking and Markets
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	(1,287)	(2,697)	(2,355)
Inter-segment | Global Private Banking
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	265	261	277
Inter-segment | Corporate Centre
Disclosure of operating segments [line items]
Net operating income before loan impairment charges and other credit risk provisions	$ (2,065)	$ (32)	$ (231)

Report of the Directors - Adjus

Report of the Directors - Adjusted Results Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Consolidation Items [Line Items]
Revenue	$ 51,445	$ 47,966	$ 59,800
Loan impairment charges and other credit risk provisions	(1,769)	(3,400)	(3,721)
Operating expenses	(34,884)	(39,808)	(39,768)
Share of profit in associates and joint ventures	2,375	2,354	2,556
Profit before tax	17,167	7,112	18,867
Operating Segments, Including Adjustments And Inter-segment Eliminations
Consolidation Items [Line Items]
Revenue	51,524	49,290	50,422
Loan impairment charges and other credit risk provisions	(1,769)	(2,594)	(2,579)
Operating expenses	(31,140)	(30,084)	(31,457)
Share of profit in associates and joint ventures	2,375	2,322	2,409
Profit before tax	20,990	18,934	18,795
Significant items
Consolidation Items [Line Items]
Revenue	(79)	(2,060)	5,651
Loan impairment charges and other credit risk provisions	0	(867)	(1,015)
Operating expenses	(3,744)	(9,393)	(5,877)
Share of profit in associates and joint ventures	0	(1)	(2)
Profit before tax	(3,823)	(12,321)	(1,243)
Currency translation
Consolidation Items [Line Items]
Revenue		736	3,727
Loan impairment charges and other credit risk provisions		61	(127)
Operating expenses		(331)	(2,434)
Share of profit in associates and joint ventures		33	149
Profit before tax		$ 499	$ 1,315

Report of the Directors - Ad241

Report of the Directors - Adjusted Balance Sheet Reconciliation (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Consolidation Items [Line Items]
Loans and advances to customers (net)	$ 962,964	$ 861,504	$ 924,454
Interests in associates and joint ventures	22,744	20,029	19,139
Total external assets	2,521,771	2,374,986	2,409,656
Customer accounts	1,364,462	1,272,386	1,289,586
Operating Segments, Including Adjustments
Consolidation Items [Line Items]
Loans and advances to customers (net)	962,964	906,059	905,697
Interests in associates and joint ventures	22,744	20,734	19,064
Total external assets	2,521,771	2,489,459	2,321,378
Customer accounts	$ 1,364,462	1,328,657	1,261,672
Currency translation
Consolidation Items [Line Items]
Loans and advances to customers (net)		(44,555)	18,757
Interests in associates and joint ventures		(705)	75
Total external assets		(114,473)	39,164
Customer accounts		$ (56,271)	27,914
Brazil operations
Consolidation Items [Line Items]
Loans and advances to customers (net)			0
Interests in associates and joint ventures			0
Total external assets			49,114
Customer accounts			$ 0

Report of the Directors - Ad242

Report of the Directors - Adjusted Profit Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Consolidation Items [Line Items]
Profit before tax	$ 17,167	$ 7,112	$ 18,867
– gain (loss) on disposal of investments and membership interests	79	(1,743)	0
– gain/loss and trading results from disposed-of operations in Brazil	19	(1,743)	0
– own credit spread	298	(4,193)	899
– impairment of GPB – Europe goodwill	0	(3,240)	0
– restructuring and other related costs	(204)	(415)	(430)
– currency translation on significant items	9,077	(9,986)	(10,945)
Operating Segments, Including Adjustments And Inter-segment Eliminations
Consolidation Items [Line Items]
Profit before tax	20,990	18,934	18,795
Significant items
Consolidation Items [Line Items]
Profit before tax	(3,823)	(12,321)	(1,243)
– customer redress programmes (revenue)	(108)	2	(10)
– DVA on derivative contracts	(373)	26	230
– fair value movements on non-qualifying hedges	128	(687)	(327)
– gain (loss) on disposal of investments and membership interests	126	0	0
– investment in new businesses	(99)	0	0
– own credit spread	0	(1,792)	1,002
– costs associated with portfolio disposals	(53)	(28)	0
– costs associated with the UK’s exit from the EU	(28)	0	0
– costs to achieve	(3,002)	(3,118)	(908)
– costs to establish UK ring-fenced bank	(392)	(223)	(89)
– UK customer redress programmes	(655)	(559)	(541)
– gain on partial settlement of pension obligation	188	0	0
– impairment of GPB – Europe goodwill	0	(3,240)	0
– regulatory provisions in GPB	(164)	(344)	(172)
– restructuring and other related costs	0	0	(117)
– settlements and provisions in connection with legal matters	362	(681)	(1,649)
– currency translation on significant items		(133)	193
Significant items | Visa Europe
Consolidation Items [Line Items]
– gain (loss) on disposal of investments and membership interests	0	584	0
Significant items | Visa US
Consolidation Items [Line Items]
– gain (loss) on disposal of investments and membership interests	308	116	0
Significant items | Industrial Bank
Consolidation Items [Line Items]
– gain (loss) on disposal of investments and membership interests	0	0	1,372
Significant items | Brazil operations
Consolidation Items [Line Items]
– gain/loss and trading results from disposed-of operations in Brazil	19	(2,081)	(13)
Significant items | Other investments
Consolidation Items [Line Items]
– gain (loss) on disposal of investments and membership interests	78	0	0
Significant items | Other portfolios
Consolidation Items [Line Items]
– gain (loss) on disposal of investments and membership interests	(158)	(163)	(214)
Currency translation
Consolidation Items [Line Items]
Profit before tax		$ 499	$ 1,315

Report Of The Directors Fina243

Report Of The Directors Financial Review Risk Report - Maximum Exposure To Credit Risk (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	$ 3,029,509	$ 2,897,666
Offset	(244,240)	(300,902)
Net	2,785,269	2,596,764
On Balance Sheet Risk
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	2,305,592	2,204,751
Offset	(244,240)	(300,902)
Net	2,061,352	1,903,849
On Balance Sheet Risk | Derivatives
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	219,818	290,872
Offset	(204,829)	(262,233)
Net	14,989	28,639
On Balance Sheet Risk | Loans and advances to customers held at amortised cost
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	962,964	861,504
Offset	(35,414)	(33,657)
Net	927,550	827,847
On Balance Sheet Risk | Loans and advances to customers held at amortised cost | – personal
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	374,762	337,826
Offset	(2,946)	(3,629)
Net	371,816	334,197
On Balance Sheet Risk | Loans and advances to customers held at amortised cost | – corporate and commercial
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	516,754	460,209
Offset	(29,459)	(27,686)
Net	487,295	432,523
On Balance Sheet Risk | Loans and advances to customers held at amortised cost | – non-bank financial institutions
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	71,448	63,469
Offset	(3,009)	(2,342)
Net	68,439	61,127
On Balance Sheet Risk | Loans and advances to banks
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	90,393	88,126
Offset	(273)	(248)
Net	90,120	87,878
On Balance Sheet Risk | Reverse repurchase agreements – non-trading
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	201,553	160,974
Offset	(3,724)	(4,764)
Net	197,829	156,210
Off Balance Sheet Risk
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	723,917	692,915
Net	723,917	692,915
Off Balance Sheet Risk | – financial guarantees and similar contracts
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	38,328	37,072
Off Balance Sheet Risk | – loan and other credit-related commitments
Disclosure of detailed information about financial instruments [line items]
Maximum exposure	$ 685,589	$ 655,843

Report Of The Directors Fina244

Report Of The Directors Financial Review Risk Report - Distribution Of Financial Instruments By Credit Quality (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,305,592	2,204,751
Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	180,624	128,009
Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,628	5,003
Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	34,186	31,228
Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	188,735	171,521
Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,704	4,472
Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	219,818	290,872
Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	962,964	861,504
Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	90,393	88,126
Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	201,553	160,974
Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	385,159	432,130
Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	30,828	30,912
Gross carrying amount | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,313,124	2,212,851
Gross carrying amount | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	180,624	128,009
Gross carrying amount | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,628	5,003
Gross carrying amount | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	34,186	31,228
Gross carrying amount | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	188,735	171,521
Gross carrying amount | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,704	4,472
Gross carrying amount | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	219,818	290,872
Gross carrying amount | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	970,448	869,354
Gross carrying amount | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	90,393	88,126
Gross carrying amount | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	201,553	160,974
Gross carrying amount | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	385,159	432,130
Gross carrying amount | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	30,876	31,162
Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8,716	9,028
Gross carrying amount | Past due but not impaired | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Past due but not impaired | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Past due but not impaired | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Past due but not impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Past due but not impaired | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Past due but not impaired | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Past due but not impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8,600	8,662
Gross carrying amount | Past due but not impaired | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	9	6
Gross carrying amount | Past due but not impaired | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Gross carrying amount | Past due but not impaired | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Gross carrying amount | Past due but not impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	107	360
Gross carrying amount | Impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	16,341	20,510
Gross carrying amount | Impaired | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Impaired | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Impaired | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Impaired | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Impaired | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Gross carrying amount | Impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	15,470	18,228
Gross carrying amount | Impaired | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Gross carrying amount | Impaired | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Gross carrying amount | Impaired | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	728	1,031
Gross carrying amount | Impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	143	1,251
Accumulated impairment | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(7,532)	(8,100)
Accumulated impairment | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(7,484)	(7,850)
Accumulated impairment | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Accumulated impairment | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Accumulated impairment | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Accumulated impairment | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(48)	(250)
Treasury and other eligible bills | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	17,532	14,451
Treasury and other eligible bills | Gross carrying amount | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	17,532	14,451
Treasury and other eligible bills | Gross carrying amount | Past due but not impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Treasury and other eligible bills | Gross carrying amount | Impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Treasury and other eligible bills | Accumulated impairment | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Debt securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	52,919	46,923
Debt securities | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	107,486	94,054
Debt securities | Gross carrying amount | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	107,486	94,054
Debt securities | Gross carrying amount | Past due but not impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Debt securities | Gross carrying amount | Impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Debt securities | Accumulated impairment | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
– loans and advances to customers
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	962,964	861,504
– loans and advances to customers | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	37,660	38,247
– loans and advances to customers | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	953,003	849,041
– loans and advances to customers | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	9,961	12,463
– loans and advances to customers | Gross carrying amount | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	37,660	38,247
– loans and advances to customers | Gross carrying amount | Past due but not impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
– loans and advances to customers | Gross carrying amount | Impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
– loans and advances to customers | Accumulated impairment | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Loans and advances to banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	90,393	88,126
Loans and advances to banks | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26,057	24,769
Loans and advances to banks | Gross carrying amount | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26,057	24,769
Loans and advances to banks | Gross carrying amount | Past due but not impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Loans and advances to banks | Gross carrying amount | Impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
Loans and advances to banks | Accumulated impairment | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
– endorsements and acceptances | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	9,750	8,574
– endorsements and acceptances | Gross carrying amount | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	9,750	8,574
– endorsements and acceptances | Gross carrying amount | Past due but not impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	15	35
– endorsements and acceptances | Gross carrying amount | Impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	31	92
– endorsements and acceptances | Accumulated impairment | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
- accrued income and other | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	20,644	18,354
- accrued income and other | Gross carrying amount | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	20,644	18,354
- accrued income and other | Gross carrying amount | Past due but not impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	91	89
- accrued income and other | Gross carrying amount | Impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	56	129
- accrued income and other | Accumulated impairment | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets
-assets held for sale | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	434	3,984
-assets held for sale | Gross carrying amount | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	482	4,234
-assets held for sale | Gross carrying amount | Past due but not impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1	236
-assets held for sale | Gross carrying amount | Impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	56	1,030
-assets held for sale | Accumulated impairment | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(48)	(250)
– personal | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	374,762	337,826
– personal | Gross carrying amount | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	376,481	339,798
– personal | Gross carrying amount | Past due but not impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,658	5,062
– personal | Gross carrying amount | Impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,922	6,490
– personal | Accumulated impairment | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(1,719)	(1,972)
– personal | – loans and advances to customers
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	374,762	337,826
– personal | – loans and advances to customers | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	370,842	332,574
– personal | – loans and advances to customers | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,920	5,252
– corporate and commercial | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	516,754	460,209
– corporate and commercial | Gross carrying amount | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	522,248	465,827
– corporate and commercial | Gross carrying amount | Past due but not impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,422	3,128
– corporate and commercial | Gross carrying amount | Impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	10,254	11,362
– corporate and commercial | Accumulated impairment | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(5,494)	(5,618)
– corporate and commercial | – loans and advances to customers
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	516,754	460,209
– corporate and commercial | – loans and advances to customers | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	510,784	453,151
– corporate and commercial | – loans and advances to customers | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	5,970	7,058
– non-bank financial institutions | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	71,448	63,469
– non-bank financial institutions | Gross carrying amount | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	71,719	63,729
– non-bank financial institutions | Gross carrying amount | Past due but not impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	520	472
– non-bank financial institutions | Gross carrying amount | Impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	294	376
– non-bank financial institutions | Accumulated impairment | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(271)	(260)
– non-bank financial institutions | – loans and advances to customers
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	71,448	63,469
– non-bank financial institutions | – loans and advances to customers | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	71,377	63,316
– non-bank financial institutions | – loans and advances to customers | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	71	153
Strong | Gross carrying amount | Neither past due nor impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,635,086	1,579,517
Strong | Gross carrying amount | Neither past due nor impaired | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	179,155	126,838
Strong | Gross carrying amount | Neither past due nor impaired | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,322	4,656
Strong | Gross carrying amount | Neither past due nor impaired | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	34,186	31,228
Strong | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	137,983	127,997
Strong | Gross carrying amount | Neither past due nor impaired | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,378	3,249
Strong | Gross carrying amount | Neither past due nor impaired | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	181,195	236,693
Strong | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	503,759	437,531
Strong | Gross carrying amount | Neither past due nor impaired | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	77,175	73,516
Strong | Gross carrying amount | Neither past due nor impaired | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	143,154	123,822
Strong | Gross carrying amount | Neither past due nor impaired | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	356,065	401,010
Strong | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	12,714	12,977
Strong | Treasury and other eligible bills | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	15,412	13,595
Strong | Debt securities | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	84,493	73,171
Strong | – loans and advances to customers | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	22,582	25,875
Strong | Loans and advances to banks | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	15,496	15,356
Strong | – endorsements and acceptances | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,430	1,160
Strong | - accrued income and other | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	11,175	10,043
Strong | -assets held for sale | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	109	1,774
Strong | – personal | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	324,960	290,313
Strong | – corporate and commercial | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	140,382	111,848
Strong | – non-bank financial institutions | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	38,417	35,370
Good | Gross carrying amount | Neither past due nor impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	336,212	313,707
Good | Gross carrying amount | Neither past due nor impaired | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,043	711
Good | Gross carrying amount | Neither past due nor impaired | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	29	14
Good | Gross carrying amount | Neither past due nor impaired | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Good | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	22,365	20,345
Good | Gross carrying amount | Neither past due nor impaired | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	269	367
Good | Gross carrying amount | Neither past due nor impaired | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	31,827	45,961
Good | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	222,343	200,385
Good | Gross carrying amount | Neither past due nor impaired | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	9,026	8,238
Good | Gross carrying amount | Neither past due nor impaired | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	32,321	18,223
Good | Gross carrying amount | Neither past due nor impaired | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	10,463	13,579
Good | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,526	5,884
Good | Treasury and other eligible bills | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	531	672
Good | Debt securities | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	9,517	7,746
Good | – loans and advances to customers | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,539	5,808
Good | Loans and advances to banks | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	5,778	6,119
Good | – endorsements and acceptances | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,636	3,688
Good | - accrued income and other | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,837	1,660
Good | -assets held for sale | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	53	536
Good | – personal | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26,612	24,544
Good | – corporate and commercial | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	176,745	158,878
Good | – non-bank financial institutions | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	18,986	16,963
Satisfactory | Gross carrying amount | Neither past due nor impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	293,685	263,995
Satisfactory | Gross carrying amount | Neither past due nor impaired | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	407	444
Satisfactory | Gross carrying amount | Neither past due nor impaired | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	273	329
Satisfactory | Gross carrying amount | Neither past due nor impaired | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Satisfactory | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26,438	21,947
Satisfactory | Gross carrying amount | Neither past due nor impaired | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,029	542
Satisfactory | Gross carrying amount | Neither past due nor impaired | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	5,874	7,368
Satisfactory | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	204,162	185,717
Satisfactory | Gross carrying amount | Neither past due nor impaired | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,144	6,293
Satisfactory | Gross carrying amount | Neither past due nor impaired | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	25,636	18,166
Satisfactory | Gross carrying amount | Neither past due nor impaired | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	15,017	13,570
Satisfactory | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	10,705	9,619
Satisfactory | Treasury and other eligible bills | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	491	138
Satisfactory | Debt securities | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	12,978	12,741
Satisfactory | – loans and advances to customers | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8,212	5,818
Satisfactory | Loans and advances to banks | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,757	3,250
Satisfactory | – endorsements and acceptances | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,455	3,125
Satisfactory | - accrued income and other | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	7,124	6,102
Satisfactory | -assets held for sale | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	126	392
Satisfactory | – personal | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	14,549	12,505
Satisfactory | – corporate and commercial | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	176,661	163,107
Satisfactory | – non-bank financial institutions | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	12,952	10,105
Sub- standard | Gross carrying amount | Neither past due nor impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	23,084	26,094
Sub- standard | Gross carrying amount | Neither past due nor impaired | Cash and balances at central banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	19	16
Sub- standard | Gross carrying amount | Neither past due nor impaired | Items in the course of collection from other banks
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4	4
Sub- standard | Gross carrying amount | Neither past due nor impaired | Hong Kong Government certificates of indebtedness
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
Sub- standard | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,949	1,232
Sub- standard | Gross carrying amount | Neither past due nor impaired | Financial assets designated at fair value
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	28	314
Sub- standard | Gross carrying amount | Neither past due nor impaired | Derivatives
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	922	850
Sub- standard | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	16,114	18,831
Sub- standard | Gross carrying amount | Neither past due nor impaired | Loans and advances to banks held at amortised cost
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	39	73
Sub- standard | Gross carrying amount | Neither past due nor impaired | Reverse repurchase agreements – non-trading
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	442	763
Sub- standard | Gross carrying amount | Neither past due nor impaired | Financial investments
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,886	2,940
Sub- standard | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	681	1,071
Sub- standard | Treasury and other eligible bills | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,098	46
Sub- standard | Debt securities | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	498	396
Sub- standard | – loans and advances to customers | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	327	746
Sub- standard | Loans and advances to banks | Gross carrying amount | Neither past due nor impaired | Trading assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26	44
Sub- standard | – endorsements and acceptances | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	183	474
Sub- standard | - accrued income and other | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	361	331
Sub- standard | -assets held for sale | Gross carrying amount | Neither past due nor impaired | Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	137	266
Sub- standard | – personal | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	780	884
Sub- standard | – corporate and commercial | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	14,784	17,504
Sub- standard | – non-bank financial institutions | Gross carrying amount | Neither past due nor impaired | Distribution of financial instruments by credit quality
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	$ 550	$ 443
Portfolio Concentration Risk | Gross carrying amount
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	100.00%
Portfolio Concentration Risk | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	0.40%
Portfolio Concentration Risk | Gross carrying amount | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	0.70%
Portfolio Concentration Risk | Strong | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	70.70%
Portfolio Concentration Risk | Good | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	14.50%
Portfolio Concentration Risk | Satisfactory | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	12.70%
Portfolio Concentration Risk | Sub- standard | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	1.00%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Gross carrying amount
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		100.00%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		0.40%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Gross carrying amount | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		0.90%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Accumulated impairment
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	0.80%	0.80%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Strong | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		71.40%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Good | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		14.20%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Satisfactory | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		11.90%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Sub- standard | Gross carrying amount | Neither past due nor impaired
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage		1.20%

Report Of The Directors Fina245

Report Of The Directors Financial Review Risk Report - Past Due But Not Impaired Gross Financial Instruments By Geographical Region (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,305,592	2,204,751
Gross carrying amount | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,313,124	2,212,851
Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8,716	9,028
Europe | Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,324	1,206
Asia | Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,892	3,484
MENA | Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	852	1,260
North America | Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,015	2,549
Latin America | Gross carrying amount | Past due but not impaired | Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	$ 633	$ 529

Report Of The Directors Fina246

Report Of The Directors Financial Review Risk Report - Ageing Analysis Of Days For Past Due But Not Impaired Gross Financial Instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Financial Assets Excluding Equity Securities
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,305,592	2,204,751
Financial Assets Excluding Equity Securities | Gross carrying amount
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,313,124	2,212,851
Financial Assets Excluding Equity Securities | Gross carrying amount | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	16,341	20,510
Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8,716	9,028
Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8,609	8,668
Other assets
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	30,828	30,912
Other assets | Gross carrying amount
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	30,876	31,162
Other assets | Gross carrying amount | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	143	1,251
Other assets | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	107	360
– personal | Gross carrying amount | Impaired
Disclosure of financial assets that are either past due or impaired [line items]
Reduced impaired loans	(1,500)
– personal | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	4,658	5,062
– corporate and commercial | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,422	3,128
– non-bank financial institutions | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	529	478
Up to 29 days | Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,870	7,007
Up to 29 days | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	6,837	6,743
Up to 29 days | Other assets | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	33	264
Up to 29 days | – personal | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	3,455	3,696
Up to 29 days | – corporate and commercial | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	2,899	2,593
Up to 29 days | – non-bank financial institutions | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	483	454
30-59 days | Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,267	1,367
30-59 days | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	1,255	1,320
30-59 days | Other assets | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	12	47
30-59 days | – personal | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	866	986
30-59 days | – corporate and commercial | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	343	316
30-59 days | – non-bank financial institutions | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	46	18
60-89 days | Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	511	610
60-89 days | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	493	587
60-89 days | Other assets | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	18	23
60-89 days | – personal | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	337	380
60-89 days | – corporate and commercial | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	156	201
60-89 days | – non-bank financial institutions | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	6
90-179 days | Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	22	23
90-179 days | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	10	11
90-179 days | Other assets | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	12	12
90-179 days | – personal | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
90-179 days | – corporate and commercial | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	10	11
90-179 days | – non-bank financial institutions | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
180 days and over | Financial Assets Excluding Equity Securities | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	46	21
180 days and over | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	14	7
180 days and over | Other assets | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	32	14
180 days and over | – personal | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	0	0
180 days and over | – corporate and commercial | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	14	7
180 days and over | – non-bank financial institutions | Loans And Advances To Customers And Banks | Gross carrying amount | Past due but not impaired
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	$ 0	$ 0

Report Of The Directors Fina247

Report Of The Directors Financial Review Risk Report - Loan impairment charge to the income statement by industry sector (Details) - – loans and advances to customers - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Loan impairment charge	$ 1,992	$ 3,350
Europe
Disclosure of financial assets [line items]
Loan impairment charge	825	533
Asia
Disclosure of financial assets [line items]
Loan impairment charge	558	654
MENA
Disclosure of financial assets [line items]
Loan impairment charge	197	292
North America
Disclosure of financial assets [line items]
Loan impairment charge	(130)	709
Latin America
Disclosure of financial assets [line items]
Loan impairment charge	542	1,162
– personal
Disclosure of financial assets [line items]
Loan impairment charge	959	1,703
– personal | Europe
Disclosure of financial assets [line items]
Loan impairment charge	140	162
– personal | Asia
Disclosure of financial assets [line items]
Loan impairment charge	243	264
– personal | MENA
Disclosure of financial assets [line items]
Loan impairment charge	92	226
– personal | North America
Disclosure of financial assets [line items]
Loan impairment charge	32	219
– personal | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	452	832
– corporate and commercial
Disclosure of financial assets [line items]
Loan impairment charge	927	1,608
– corporate and commercial | Europe
Disclosure of financial assets [line items]
Loan impairment charge	619	337
– corporate and commercial | Asia
Disclosure of financial assets [line items]
Loan impairment charge	298	388
– corporate and commercial | MENA
Disclosure of financial assets [line items]
Loan impairment charge	83	53
– corporate and commercial | North America
Disclosure of financial assets [line items]
Loan impairment charge	(163)	500
– corporate and commercial | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	90	330
– non-bank financial institutions
Disclosure of financial assets [line items]
Loan impairment charge	106	39
– non-bank financial institutions | Europe
Disclosure of financial assets [line items]
Loan impairment charge	66	34
– non-bank financial institutions | Asia
Disclosure of financial assets [line items]
Loan impairment charge	17	2
– non-bank financial institutions | MENA
Disclosure of financial assets [line items]
Loan impairment charge	22	13
– non-bank financial institutions | North America
Disclosure of financial assets [line items]
Loan impairment charge	1	(10)
– non-bank financial institutions | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	0	0
– first lien residential mortgages | – personal
Disclosure of financial assets [line items]
Loan impairment charge	(17)	166
– first lien residential mortgages | – personal | Europe
Disclosure of financial assets [line items]
Loan impairment charge	6	1
– first lien residential mortgages | – personal | Asia
Disclosure of financial assets [line items]
Loan impairment charge	(1)	(1)
– first lien residential mortgages | – personal | MENA
Disclosure of financial assets [line items]
Loan impairment charge	5	10
– first lien residential mortgages | – personal | North America
Disclosure of financial assets [line items]
Loan impairment charge	0	149
– first lien residential mortgages | – personal | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	(27)	7
– other personal | – personal
Disclosure of financial assets [line items]
Loan impairment charge	976	1,537
– other personal | – personal | Europe
Disclosure of financial assets [line items]
Loan impairment charge	134	161
– other personal | – personal | Asia
Disclosure of financial assets [line items]
Loan impairment charge	244	265
– other personal | – personal | MENA
Disclosure of financial assets [line items]
Loan impairment charge	87	216
– other personal | – personal | North America
Disclosure of financial assets [line items]
Loan impairment charge	32	70
– other personal | – personal | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	479	825
– manufacturing and international trade and services | – corporate and commercial
Disclosure of financial assets [line items]
Loan impairment charge	722	725
– manufacturing and international trade and services | – corporate and commercial | Europe
Disclosure of financial assets [line items]
Loan impairment charge	314	38
– manufacturing and international trade and services | – corporate and commercial | Asia
Disclosure of financial assets [line items]
Loan impairment charge	236	306
– manufacturing and international trade and services | – corporate and commercial | MENA
Disclosure of financial assets [line items]
Loan impairment charge	95	105
– manufacturing and international trade and services | – corporate and commercial | North America
Disclosure of financial assets [line items]
Loan impairment charge	18	81
– manufacturing and international trade and services | – corporate and commercial | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	59	195
– commercial real estate and other property-related | – corporate and commercial
Disclosure of financial assets [line items]
Loan impairment charge	226	(31)
– commercial real estate and other property-related | – corporate and commercial | Europe
Disclosure of financial assets [line items]
Loan impairment charge	200	(15)
– commercial real estate and other property-related | – corporate and commercial | Asia
Disclosure of financial assets [line items]
Loan impairment charge	21	(28)
– commercial real estate and other property-related | – corporate and commercial | MENA
Disclosure of financial assets [line items]
Loan impairment charge	(4)	(16)
– commercial real estate and other property-related | – corporate and commercial | North America
Disclosure of financial assets [line items]
Loan impairment charge	9	3
– commercial real estate and other property-related | – corporate and commercial | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	0	25
– other commercial | – corporate and commercial
Disclosure of financial assets [line items]
Loan impairment charge	(21)	914
– other commercial | – corporate and commercial | Europe
Disclosure of financial assets [line items]
Loan impairment charge	105	314
– other commercial | – corporate and commercial | Asia
Disclosure of financial assets [line items]
Loan impairment charge	41	110
– other commercial | – corporate and commercial | MENA
Disclosure of financial assets [line items]
Loan impairment charge	(8)	(36)
– other commercial | – corporate and commercial | North America
Disclosure of financial assets [line items]
Loan impairment charge	(190)	416
– other commercial | – corporate and commercial | Latin America
Disclosure of financial assets [line items]
Loan impairment charge	$ 31	$ 110

Report Of The Directors Fina248

Report Of The Directors Financial Review Risk Report - Movement In Impairment Allowances On Loans And Advances To Customers And Banks (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets	$ (2,293,296)
Financial assets	(2,433,785)	$ (2,293,296)
– loans and advances to customers | Accumulated impairment
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets	7,850	9,573
Amounts written off	(3,173)	(3,456)
Recoveries of loans and advances previously written off	644	627
Charge to income statement	1,992	3,350
Exchange and other movements	171	(2,244)
Financial assets	7,484	7,850
Banks | – loans and advances to customers | Accumulated impairment | Individually assessed
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets	0	18
Amounts written off	0	(18)
Recoveries of loans and advances previously written off	0	0
Charge to income statement	0	0
Exchange and other movements	0	0
Financial assets	0	0
Customers | – loans and advances to customers | Accumulated impairment | Individually assessed
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets	4,932	5,402
Amounts written off	(1,468)	(1,831)
Recoveries of loans and advances previously written off	119	107
Charge to income statement	1,114	1,831
Exchange and other movements	263	(577)
Financial assets	4,960	4,932
Customers | – loans and advances to customers | Accumulated impairment | Collectively assessed
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets	2,918	4,153
Amounts written off	(1,705)	(1,607)
Recoveries of loans and advances previously written off	525	520
Charge to income statement	878	1,519
Exchange and other movements	(92)	(1,667)
Financial assets	$ 2,524	$ 2,918
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Accumulated impairment
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Concentration risk percentage	0.80%	0.80%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Banks | Accumulated impairment | Individually assessed
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Concentration risk percentage	0.00%	0.00%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Customers | Accumulated impairment | Individually assessed
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Concentration risk percentage	0.50%	0.60%
Portfolio Concentration Risk | Financial Assets Excluding Equity Securities | Customers | Accumulated impairment | Collectively assessed
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Concentration risk percentage	0.30%	0.30%

Report Of The Directors Fina249

Report Of The Directors Financial Review Risk Report - Commercial Real Estate Loans And Advances Including Loan Commitments By Level Of Collateral (Details) - Commercial Real Estate Loans And Advances Including Loan Commitments - Loans And Advances To Customers And Banks - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	$ 101,090	$ 84,476
Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	34,857	28,565
Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	50,266	41,138
MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	703	741
North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	13,758	12,695
Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,506	1,337
UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	27,449	23,269
Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	38,626	32,451
Rated CRR/EL 1 to 7
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	99,525	82,560
Rated CRR/EL 1 to 7 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	33,703	27,062
Rated CRR/EL 1 to 7 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	50,250	41,116
Rated CRR/EL 1 to 7 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	507	543
Rated CRR/EL 1 to 7 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	13,588	12,567
Rated CRR/EL 1 to 7 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,477	1,272
Rated CRR/EL 1 to 7 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	26,489	21,901
Rated CRR/EL 1 to 7 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	38,615	32,436
Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	299	311
Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	212	293
Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	87	18
Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	187	251
Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,266	1,605
Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	942	1,210
Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	16	22
Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	196	198
Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	83	110
Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	29	65
Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	773	1,117
Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11	15
Not collateralised | Rated CRR/EL 1 to 7
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	25,754	18,313
Not collateralised | Rated CRR/EL 1 to 7 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6,114	3,887
Not collateralised | Rated CRR/EL 1 to 7 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	18,338	12,714
Not collateralised | Rated CRR/EL 1 to 7 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	315	391
Not collateralised | Rated CRR/EL 1 to 7 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	590	561
Not collateralised | Rated CRR/EL 1 to 7 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	397	760
Not collateralised | Rated CRR/EL 1 to 7 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4,812	2,888
Not collateralised | Rated CRR/EL 1 to 7 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	12,678	9,971
Not collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5	13
Not collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5	12
Not collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Not collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Not collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
Not collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Not collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	11
Not collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Not collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	63	75
Not collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	56	62
Not collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	3
Not collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	4
Not collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	4
Not collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	2
Not collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	46	16
Not collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Fully collateralised | Rated CRR/EL 1 to 7
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	68,571	60,330
Fully collateralised | Rated CRR/EL 1 to 7 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	25,958	21,815
Fully collateralised | Rated CRR/EL 1 to 7 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	30,289	27,296
Fully collateralised | Rated CRR/EL 1 to 7 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	192	152
Fully collateralised | Rated CRR/EL 1 to 7 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11,201	10,618
Fully collateralised | Rated CRR/EL 1 to 7 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	931	449
Fully collateralised | Rated CRR/EL 1 to 7 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	20,709	18,009
Fully collateralised | Rated CRR/EL 1 to 7 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	24,708	21,821
Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	222	196
Fully collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	145	190
Fully collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Fully collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Fully collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	77	6
Fully collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Fully collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	129	158
Fully collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	710	1,118
Fully collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	445	764
Fully collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	14
Fully collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	194	194
Fully collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	45	85
Fully collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	16	61
Fully collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	376	740
Fully collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5	10
Partially collateralised | Rated CRR/EL 1 to 7
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5,200	3,917
Collateral value	3,602	2,571
Partially collateralised | Rated CRR/EL 1 to 7 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,631	1,360
Collateral value	1,270	1,021
Partially collateralised | Rated CRR/EL 1 to 7 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,623	1,106
Collateral value	975	552
Partially collateralised | Rated CRR/EL 1 to 7 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	0	0
Partially collateralised | Rated CRR/EL 1 to 7 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,797	1,388
Collateral value	1,281	991
Partially collateralised | Rated CRR/EL 1 to 7 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	149	63
Collateral value	76	7
Partially collateralised | Rated CRR/EL 1 to 7 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	968	1,004
Collateral value	568	672
Partially collateralised | Rated CRR/EL 1 to 7 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,229	644
Collateral value	729	314
Partially collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	72	102
Collateral value	43	71
Partially collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	62	91
Collateral value	42	70
Partially collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	0	0
Partially collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	0	0
Partially collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	11
Collateral value	1	1
Partially collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	0	0
Partially collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	55	82
Collateral value	40	61
Partially collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	0	0
Partially collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	493	412
Collateral value	298	202
Partially collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	441	384
Collateral value	250	148
Partially collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6	5
Collateral value	3	5
Partially collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	0	0
Partially collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	36	21
Collateral value	13	13
Partially collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	2
Collateral value	32	36
Partially collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	351	361
Collateral value	188	131
Partially collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6	5
Collateral value	3	5
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	67	58
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	64	54
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	4
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	64	39
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	148	141
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	82	79
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6	7
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	19	19
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	26	5
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	15	31
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	60	62
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	4
– 51% to 75% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	41	77
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	34	76
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	7	1
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	32	70
– 51% to 75% | Fully collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	174	624
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	165	571
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	5
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6	34
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1	14
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	149	569
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	4
– 76% to 90% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	89	44
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	23	44
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	66	0
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	19	39
– 76% to 90% | Fully collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	142	88
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	127	64
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	1
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	13	7
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	16
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	122	64
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	1
– 91% to 100% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	25	17
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	24	16
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1	1
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	14	10
– 91% to 100% | Fully collateralised | Rated CRR/EL 8 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	246	265
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	71	50
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	175	175
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	39
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	45	45
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10 | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	$ 1	$ 1

Report Of The Directors Fina250

Report Of The Directors Financial Review Risk Report - Other Corporate, Commercial, And Non-Bank Financial Institutions Loans And Advances (Details) - Loans And Advances To Customers And Banks - Other Corporate, Commerical, And Non-bank Financial Institutions Loans And Advances Including Loan Commitments - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	$ 12,824	$ 14,769
Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4,768	6,348
Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8,056	8,421
Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5,799	5,409
Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,117	2,098
Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,682	3,311
Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,825	2,357
Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	191	420
Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,634	1,937
MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,627	1,667
MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	168	165
MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,459	1,502
North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,217	4,993
North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,167	3,580
North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,050	1,413
Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	356	343
Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	125	85
Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	231	258
UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,642	3,389
UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	514	429
UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,128	2,960
Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	932	1,126
Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	155	300
Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	777	826
Not collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,723	5,283
Not collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,734	3,508
Not collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,730	1,766
Not collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,710	1,439
Not collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	42	405
Not collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	926	848
Not collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	109	51
Not collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	875	900
Not collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,721	2,976
Not collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	73	154
Not collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	121	85
Not collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	150	167
Not collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	320	172
Not collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,508	1,347
Not collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	15	287
Not collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	511	377
Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	553	600
Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,579	2,545
Fully collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	293	141
Fully collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,520	1,394
Fully collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	9	3
Fully collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	365	447
Fully collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	25	94
Fully collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	180	160
Fully collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	222	362
Fully collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	460	488
Fully collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4	0
Fully collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	54	56
Fully collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	103	70
Fully collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,223	1,159
Fully collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5	1
Fully collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	105	144
Partially collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	492	465
Collateral value	206	57
Partially collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,743	2,368
Collateral value	874	1,034
Partially collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	94	191
Collateral value	62	23
Partially collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	452	478
Collateral value	243	322
Partially collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	140	12
Collateral value	12	3
Partially collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	343	642
Collateral value	208	268
Partially collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	34	20
Collateral value	3	5
Partially collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	404	442
Collateral value	68	75
Partially collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	224	242
Collateral value	128	26
Partially collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	517	771
Collateral value	337	353
Partially collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Collateral value	1	0
Partially collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	27	35
Collateral value	18	16
Partially collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	91	187
Collateral value	59	19
Partially collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	397	454
Collateral value	210	300
Partially collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	135	12
Collateral value	10	3
Partially collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	161	305
Collateral value	119	150
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	188	249
– LTV ratio: less than 50% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	813	838
– LTV ratio: less than 50% | Fully collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	72	86
– LTV ratio: less than 50% | Fully collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	634	570
– LTV ratio: less than 50% | Fully collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	7	2
– LTV ratio: less than 50% | Fully collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	113	126
– LTV ratio: less than 50% | Fully collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	9	10
– LTV ratio: less than 50% | Fully collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	30	54
– LTV ratio: less than 50% | Fully collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	96	151
– LTV ratio: less than 50% | Fully collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	14	59
– LTV ratio: less than 50% | Fully collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4	0
– LTV ratio: less than 50% | Fully collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	22	29
– LTV ratio: less than 50% | Fully collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	25	30
– LTV ratio: less than 50% | Fully collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	516	449
– LTV ratio: less than 50% | Fully collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	1
– LTV ratio: less than 50% | Fully collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	69	54
– 51% to 75% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	156	168
– 51% to 75% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	605	615
– 51% to 75% | Fully collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	73	34
– 51% to 75% | Fully collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	431	412
– 51% to 75% | Fully collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	1
– 51% to 75% | Fully collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	27	104
– 51% to 75% | Fully collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	12	15
– 51% to 75% | Fully collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	62	6
– 51% to 75% | Fully collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	69	118
– 51% to 75% | Fully collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	64	85
– 51% to 75% | Fully collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 51% to 75% | Fully collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	21	8
– 51% to 75% | Fully collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	65	28
– 51% to 75% | Fully collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	403	367
– 51% to 75% | Fully collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	0
– 51% to 75% | Fully collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	9	32
– 76% to 90% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	39	96
– 76% to 90% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	397	414
– 76% to 90% | Fully collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	16	10
– 76% to 90% | Fully collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	256	180
– 76% to 90% | Fully collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	39	86
– 76% to 90% | Fully collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4	7
– 76% to 90% | Fully collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	88	87
– 76% to 90% | Fully collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	19	79
– 76% to 90% | Fully collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11	53
– 76% to 90% | Fully collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	8
– 76% to 90% | Fully collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11	5
– 76% to 90% | Fully collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	235	144
– 76% to 90% | Fully collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 76% to 90% | Fully collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	20	44
– 91% to 100% | Fully collateralised | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	170	87
– 91% to 100% | Fully collateralised | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	764	678
– 91% to 100% | Fully collateralised | Europe | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	132	11
– 91% to 100% | Fully collateralised | Europe | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	199	232
– 91% to 100% | Fully collateralised | Asia | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Asia | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	186	131
– 91% to 100% | Fully collateralised | MENA | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	62
– 91% to 100% | Fully collateralised | MENA | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	13
– 91% to 100% | Fully collateralised | North America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	38	14
– 91% to 100% | Fully collateralised | North America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	371	291
– 91% to 100% | Fully collateralised | Latin America | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Latin America | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8	11
– 91% to 100% | Fully collateralised | UK | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	7
– 91% to 100% | Fully collateralised | UK | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	69	199
– 91% to 100% | Fully collateralised | Hong Kong | Rated CRR/EL 8
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
– 91% to 100% | Fully collateralised | Hong Kong | Rated CRR/EL 9 to 10
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	$ 7	$ 14

Report Of The Directors Fina251

Report Of The Directors Financial Review Risk Report - Residential Mortgage Loans Including Loan Commitments By Level Of Collateral (Details) - – loans and advances to customers - – personal - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	$ 291,094	$ 261,630
Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	132,841	113,522
Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	116,275	104,417
MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,367	2,534
North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	37,306	39,233
Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,305	1,924
UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	125,956	107,391
Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	72,119	65,523
Financial Assets Not Impaired
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	287,748	256,779
Financial Assets Not Impaired | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	131,514	112,229
Financial Assets Not Impaired | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	115,981	104,163
Financial Assets Not Impaired | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,265	2,402
Financial Assets Not Impaired | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	35,813	36,146
Financial Assets Not Impaired | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,175	1,839
Financial Assets Not Impaired | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	124,910	106,290
Financial Assets Not Impaired | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	72,073	65,481
Financial Assets Not Impaired | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	287,088	255,840
Financial Assets Not Impaired | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	131,205	111,799
Financial Assets Not Impaired | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	115,928	104,122
Financial Assets Not Impaired | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,194	2,333
Financial Assets Not Impaired | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	35,597	35,773
Financial Assets Not Impaired | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,164	1,813
Financial Assets Not Impaired | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	124,736	106,006
Financial Assets Not Impaired | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	72,073	65,480
Financial Assets Not Impaired | Partially collateralised
Disclosure of financial assets [line items]
Collateral value	550	762
Financial Assets Not Impaired | Partially collateralised | Europe
Disclosure of financial assets [line items]
Collateral value	258	342
Financial Assets Not Impaired | Partially collateralised | Asia
Disclosure of financial assets [line items]
Collateral value	48	27
Financial Assets Not Impaired | Partially collateralised | MENA
Disclosure of financial assets [line items]
Collateral value	48	40
Financial Assets Not Impaired | Partially collateralised | North America
Disclosure of financial assets [line items]
Collateral value	187	328
Financial Assets Not Impaired | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Collateral value	9	25
Financial Assets Not Impaired | Partially collateralised | UK
Disclosure of financial assets [line items]
Collateral value	125	197
Financial Assets Not Impaired | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Collateral value	0	1
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	164,110	140,160
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	72,513	63,404
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	77,286	63,009
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	582	617
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	12,902	12,454
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	827	676
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	69,679	61,128
Financial Assets Not Impaired | – LTV ratio: less than 50% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	55,237	44,732
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	48,287	46,136
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	21,702	19,129
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	16,891	18,198
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	321	369
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8,948	8,124
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	425	316
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	20,706	18,094
Financial Assets Not Impaired | – 51% to 60% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8,340	10,656
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	37,054	35,687
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	16,500	14,437
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10,900	10,908
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	445	505
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8,786	9,471
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	423	366
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	15,422	13,222
Financial Assets Not Impaired | – 61% to 70% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,282	3,851
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	25,893	21,685
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	12,857	9,029
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	7,848	7,370
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	579	659
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4,341	4,374
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	268	253
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11,992	8,433
Financial Assets Not Impaired | – 71% to 80% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,402	2,958
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	9,445	9,606
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6,347	4,963
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,316	3,463
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	230	148
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	391	888
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	161	144
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5,824	4,509
Financial Assets Not Impaired | – 81% to 90% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,376	2,324
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2,299	2,566
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,286	837
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	687	1,174
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	37	35
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	229	462
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	60	58
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,113	620
Financial Assets Not Impaired | – 91% to 100% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	436	959
Financial Assets Not Impaired | Greater than 100% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	660	939
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	309	430
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	53	41
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	71	69
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	216	373
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11	26
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	174	284
Financial Assets Not Impaired | Greater than 100% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	270	381
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	125	150
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	34	20
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	15	15
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	89	179
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	7	17
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	89	106
Financial Assets Not Impaired | – 101% to 110% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	121	167
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	46	64
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	2
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	7	11
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	57	85
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1	5
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	16	33
Financial Assets Not Impaired | – 111% to 120% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Financial Assets Not Impaired | – greater than120% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	269	391
Financial Assets Not Impaired | – greater than120% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	138	216
Financial Assets Not Impaired | – greater than120% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	9	19
Financial Assets Not Impaired | – greater than120% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	49	43
Financial Assets Not Impaired | – greater than120% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	70	109
Financial Assets Not Impaired | – greater than120% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	4
Financial Assets Not Impaired | – greater than120% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	69	145
Financial Assets Not Impaired | – greater than120% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,004	4,509
Impaired | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,241	1,213
Impaired | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	284	247
Impaired | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	46	59
Impaired | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,306	2,905
Impaired | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	127	85
Impaired | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,008	1,059
Impaired | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	46	42
Impaired | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3,346	4,851
Collateral value	269	287
Impaired | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,327	1,293
Collateral value	67	66
Impaired | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	294	254
Collateral value	9	5
Impaired | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	102	132
Collateral value	48	64
Impaired | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,493	3,087
Collateral value	143	152
Impaired | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	130	85
Collateral value	2	0
Impaired | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,046	1,101
Collateral value	31	33
Impaired | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	46	42
Collateral value	0	0
Impaired | – LTV ratio: less than 50% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1,238	1,543
Impaired | – LTV ratio: less than 50% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	637	580
Impaired | – LTV ratio: less than 50% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	133	109
Impaired | – LTV ratio: less than 50% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	12	21
Impaired | – LTV ratio: less than 50% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	446	825
Impaired | – LTV ratio: less than 50% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	8
Impaired | – LTV ratio: less than 50% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	538	521
Impaired | – LTV ratio: less than 50% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	42	34
Impaired | – 51% to 60% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	518	804
Impaired | – 51% to 60% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	236	222
Impaired | – 51% to 60% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	40	49
Impaired | – 51% to 60% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4	3
Impaired | – 51% to 60% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	230	527
Impaired | – 51% to 60% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8	3
Impaired | – 51% to 60% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	196	200
Impaired | – 51% to 60% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	4
Impaired | – 61% to 70% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	416	761
Impaired | – 61% to 70% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	157	180
Impaired | – 61% to 70% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	36	24
Impaired | – 61% to 70% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	13
Impaired | – 61% to 70% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	210	540
Impaired | – 61% to 70% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	4
Impaired | – 61% to 70% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	130	158
Impaired | – 61% to 70% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
Impaired | – 71% to 80% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	354	607
Impaired | – 71% to 80% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	116	122
Impaired | – 71% to 80% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	37	29
Impaired | – 71% to 80% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6	4
Impaired | – 71% to 80% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	191	449
Impaired | – 71% to 80% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	4	3
Impaired | – 71% to 80% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	85	101
Impaired | – 71% to 80% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	1	1
Impaired | – 81% to 90% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	323	497
Impaired | – 81% to 90% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	53	66
Impaired | – 81% to 90% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	27	19
Impaired | – 81% to 90% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	6	9
Impaired | – 81% to 90% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	135	336
Impaired | – 81% to 90% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	102	67
Impaired | – 81% to 90% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	40	52
Impaired | – 81% to 90% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
Impaired | – 91% to 100% | Fully collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	155	297
Impaired | – 91% to 100% | Fully collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	42	43
Impaired | – 91% to 100% | Fully collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	11	17
Impaired | – 91% to 100% | Fully collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	8	9
Impaired | – 91% to 100% | Fully collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	94	228
Impaired | – 91% to 100% | Fully collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | – 91% to 100% | Fully collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	19	27
Impaired | – 91% to 100% | Fully collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	1
Impaired | Greater than 100% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	342	342
Impaired | Greater than 100% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	86	80
Impaired | Greater than 100% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	10	7
Impaired | Greater than 100% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	56	73
Impaired | Greater than 100% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	187	182
Impaired | Greater than 100% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	0
Impaired | Greater than 100% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	38	42
Impaired | Greater than 100% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | – 101% to 110% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	101	144
Impaired | – 101% to 110% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	38	37
Impaired | – 101% to 110% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5	3
Impaired | – 101% to 110% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	9	10
Impaired | – 101% to 110% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	49	94
Impaired | – 101% to 110% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | – 101% to 110% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	15	17
Impaired | – 101% to 110% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | – 111% to 120% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	61	64
Impaired | – 111% to 120% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	13	12
Impaired | – 111% to 120% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	2	2
Impaired | – 111% to 120% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	12	12
Impaired | – 111% to 120% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	34	38
Impaired | – 111% to 120% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | – 111% to 120% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	5	7
Impaired | – 111% to 120% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	0	0
Impaired | – greater than120% | Partially collateralised
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	180	134
Impaired | – greater than120% | Partially collateralised | Europe
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	35	31
Impaired | – greater than120% | Partially collateralised | Asia
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	2
Impaired | – greater than120% | Partially collateralised | MENA
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	35	51
Impaired | – greater than120% | Partially collateralised | North America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	104	50
Impaired | – greater than120% | Partially collateralised | Latin America
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	3	0
Impaired | – greater than120% | Partially collateralised | UK
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	18	18
Impaired | – greater than120% | Partially collateralised | Hong Kong
Disclosure of financial assets [line items]
Financial assets and off-balance sheet loan commitments	$ 0	$ 0

Report Of The Directors Fina252

Report Of The Directors Financial Review Risk Report - Sources of Funding (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	$ 2,212,372	$ 2,009,346
Funding uses	2,212,372	2,009,346
Customer accounts
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	1,364,462	1,272,386
Deposits by banks
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	69,922	59,939
Repurchase agreements, non-trading
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	130,002	88,958
Debt securities
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	64,546	65,915
Liabilities of disposal groups held for sale
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	1,286	2,790
Subordinated liabilities
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	19,826	20,984
Financial liabilities designated at fair value
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	94,429	86,832
Liabilities under insurance contracts
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	85,667	75,273
Trading liabilities
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	184,361	153,691
Trading liabilities | Repurchase agreements
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	2,255	1,428
Trading liabilities | Stock lending
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	8,363	3,643
Trading liabilities | Settlement accounts
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	11,198	15,271
Trading liabilities | Other trading liabilities
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	162,545	133,349
Equity
Schedule of Funding Sources And Funding Uses [Line Items]
Funded amount	197,871	182,578
– loans and advances to customers
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	962,964	861,504
Loans and advances to banks
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	90,393	88,126
Reverse repurchase agreements - non-trading
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	201,553	160,974
Assets held for sale
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	781	4,389
Trading
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	287,995	235,125
Trading | Reverse Repos
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	10,224	4,780
Trading | Stock borrowing
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	6,895	5,427
Trading | Settlement accounts
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	15,258	17,850
Trading | Other trading assets
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	255,618	207,068
Financial instruments
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	389,076	436,797
Cash and balances at central banks
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	180,624	128,009
Net deployment in other balance sheet assets and liabilities
Schedule of Funding Sources And Funding Uses [Line Items]
Funding uses	$ 98,986	$ 94,422

Report Of The Directors Fina253

Report Of The Directors Financial Review Risk Report - HSBC Holdings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Derivatives
Disclosure of offsetting of financial assets [line items]
Amounts offset	$ (110,425)	$ (106,555)
HSBC Holdings
Disclosure of offsetting of financial assets [line items]
Percentage of credit risk exposure being neither past due nor impaired	100.00%	100.00%
HSBC Holdings | Derivatives
Disclosure of offsetting of financial assets [line items]
Amounts offset	$ 2,100	$ 1,800

Report Of The Directors Fina254

Report Of The Directors Financial Review Risk Report - Securitisation Exposures And Other Structured Products (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Trading
Disclosure of financial assets [line items]
Financial assets	287,995	235,125
Available for sale
Disclosure of financial assets [line items]
Financial assets	336,157	389,874
Held to maturity
Disclosure of financial assets [line items]
Financial assets	52,919	46,923
Asset-backed securities
Disclosure of financial assets [line items]
Available-for-sale reserve	(466)	(749)
Impairment write-back	240	121
Asset-backed securities | Trading
Disclosure of financial assets [line items]
Financial assets	2,986	2,668
GB & M Legacy Credit Portfolio | Asset-backed securities
Disclosure of financial assets [line items]
Financial assets	9,000	11,000
Carrying amount | Asset-backed securities
Disclosure of financial assets [line items]
Financial assets	40,166	38,646
Carrying amount | Asset-backed securities | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	4,695	6,614
Carrying amount | Asset-backed securities | Mortgage-related assets
Disclosure of financial assets [line items]
Financial assets	31,715	32,026
Carrying amount | Asset-backed securities | Mortgage-related assets | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	1,826	2,859
Carrying amount | Asset-backed securities | Mortgages-related assets - sub-prime residential
Disclosure of financial assets [line items]
Financial assets	972	1,711
Carrying amount | Asset-backed securities | Mortgages-related assets - sub-prime residential | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	484	618
Carrying amount | Asset-backed securities | Mortgages-related assets - US Alt-A residential
Disclosure of financial assets [line items]
Financial assets	1,105	1,497
Carrying amount | Asset-backed securities | Mortgages-related assets - US Alt-A residential | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	1,041	1,382
Carrying amount | Asset-backed securities | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs
Disclosure of financial assets [line items]
Financial assets	26,043	26,105
Carrying amount | Asset-backed securities | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Mortgages-related assets - other residential
Disclosure of financial assets [line items]
Financial assets	2,590	1,078
Carrying amount | Asset-backed securities | Mortgages-related assets - other residential | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	75	152
Carrying amount | Asset-backed securities | Mortgages-related assets - commercial property
Disclosure of financial assets [line items]
Financial assets	1,005	1,635
Carrying amount | Asset-backed securities | Mortgages-related assets - commercial property | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	226	707
Carrying amount | Asset-backed securities | Leveraged finance-related assets
Disclosure of financial assets [line items]
Financial assets	546	1,529
Carrying amount | Asset-backed securities | Leveraged finance-related assets | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	283	735
Carrying amount | Asset-backed securities | Student loan-related assets
Disclosure of financial assets [line items]
Financial assets	2,353	3,016
Carrying amount | Asset-backed securities | Student loan-related assets | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	2,158	2,616
Carrying amount | Asset-backed securities | Other assets
Disclosure of financial assets [line items]
Financial assets	5,552	2,075
Carrying amount | Asset-backed securities | Other assets | Of which held through consolidated SEs
Disclosure of financial assets [line items]
Financial assets	428	404
Carrying amount | Asset-backed securities | Trading
Disclosure of financial assets [line items]
Financial assets	3,316	2,913
Carrying amount | Asset-backed securities | Trading | Mortgage-related assets
Disclosure of financial assets [line items]
Financial assets	1,767	1,320
Carrying amount | Asset-backed securities | Trading | Mortgages-related assets - sub-prime residential
Disclosure of financial assets [line items]
Financial assets	22	63
Carrying amount | Asset-backed securities | Trading | Mortgages-related assets - US Alt-A residential
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Trading | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs
Disclosure of financial assets [line items]
Financial assets	331	247
Carrying amount | Asset-backed securities | Trading | Mortgages-related assets - other residential
Disclosure of financial assets [line items]
Financial assets	814	662
Carrying amount | Asset-backed securities | Trading | Mortgages-related assets - commercial property
Disclosure of financial assets [line items]
Financial assets	600	348
Carrying amount | Asset-backed securities | Trading | Leveraged finance-related assets
Disclosure of financial assets [line items]
Financial assets	128	175
Carrying amount | Asset-backed securities | Trading | Student loan-related assets
Disclosure of financial assets [line items]
Financial assets	155	140
Carrying amount | Asset-backed securities | Trading | Other assets
Disclosure of financial assets [line items]
Financial assets	1,266	1,278
Carrying amount | Asset-backed securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	17,523	22,454
Carrying amount | Asset-backed securities | Available for sale | Mortgage-related assets
Disclosure of financial assets [line items]
Financial assets	14,221	17,575
Carrying amount | Asset-backed securities | Available for sale | Mortgages-related assets - sub-prime residential
Disclosure of financial assets [line items]
Financial assets	918	1,544
Carrying amount | Asset-backed securities | Available for sale | Mortgages-related assets - US Alt-A residential
Disclosure of financial assets [line items]
Financial assets	1,102	1,453
Carrying amount | Asset-backed securities | Available for sale | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs
Disclosure of financial assets [line items]
Financial assets	11,750	13,070
Carrying amount | Asset-backed securities | Available for sale | Mortgages-related assets - other residential
Disclosure of financial assets [line items]
Financial assets	181	362
Carrying amount | Asset-backed securities | Available for sale | Mortgages-related assets - commercial property
Disclosure of financial assets [line items]
Financial assets	270	1,146
Carrying amount | Asset-backed securities | Available for sale | Leveraged finance-related assets
Disclosure of financial assets [line items]
Financial assets	373	1,284
Carrying amount | Asset-backed securities | Available for sale | Student loan-related assets
Disclosure of financial assets [line items]
Financial assets	2,198	2,865
Carrying amount | Asset-backed securities | Available for sale | Other assets
Disclosure of financial assets [line items]
Financial assets	731	730
Carrying amount | Asset-backed securities | Held to maturity
Disclosure of financial assets [line items]
Financial assets	13,965	12,793
Carrying amount | Asset-backed securities | Held to maturity | Mortgage-related assets
Disclosure of financial assets [line items]
Financial assets	13,965	12,793
Carrying amount | Asset-backed securities | Held to maturity | Mortgages-related assets - sub-prime residential
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Held to maturity | Mortgages-related assets - US Alt-A residential
Disclosure of financial assets [line items]
Financial assets	3	5
Carrying amount | Asset-backed securities | Held to maturity | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs
Disclosure of financial assets [line items]
Financial assets	13,962	12,788
Carrying amount | Asset-backed securities | Held to maturity | Mortgages-related assets - other residential
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Held to maturity | Mortgages-related assets - commercial property
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Held to maturity | Leveraged finance-related assets
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Held to maturity | Student loan-related assets
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Held to maturity | Other assets
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss
Disclosure of financial assets [line items]
Financial assets	2	19
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Mortgage-related assets
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Mortgages-related assets - sub-prime residential
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Mortgages-related assets - US Alt-A residential
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Mortgages-related assets - other residential
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Mortgages-related assets - commercial property
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Leveraged finance-related assets
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Student loan-related assets
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Designated at fair value through profit or loss | Other assets
Disclosure of financial assets [line items]
Financial assets	2	19
Carrying amount | Asset-backed securities | Loans and receivables
Disclosure of financial assets [line items]
Financial assets	5,360	467
Carrying amount | Asset-backed securities | Loans and receivables | Mortgage-related assets
Disclosure of financial assets [line items]
Financial assets	1,762	338
Carrying amount | Asset-backed securities | Loans and receivables | Mortgages-related assets - sub-prime residential
Disclosure of financial assets [line items]
Financial assets	32	104
Carrying amount | Asset-backed securities | Loans and receivables | Mortgages-related assets - US Alt-A residential
Disclosure of financial assets [line items]
Financial assets	0	39
Carrying amount | Asset-backed securities | Loans and receivables | Mortgages-related assets - US Government agency and sponsored enterprises: MBSs
Disclosure of financial assets [line items]
Financial assets	0	0
Carrying amount | Asset-backed securities | Loans and receivables | Mortgages-related assets - other residential
Disclosure of financial assets [line items]
Financial assets	1,595	54
Carrying amount | Asset-backed securities | Loans and receivables | Mortgages-related assets - commercial property
Disclosure of financial assets [line items]
Financial assets	135	141
Carrying amount | Asset-backed securities | Loans and receivables | Leveraged finance-related assets
Disclosure of financial assets [line items]
Financial assets	45	70
Carrying amount | Asset-backed securities | Loans and receivables | Student loan-related assets
Disclosure of financial assets [line items]
Financial assets	0	11
Carrying amount | Asset-backed securities | Loans and receivables | Other assets
Disclosure of financial assets [line items]
Financial assets	$ 3,553	$ 48

Report Of The Directors Fina255

Report Of The Directors Financial Review Risk Report - Cash Flow Payable By HSBC Under Financial Liabilities By Remaining Contractual Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
On demand
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	$ 48,247	$ 40,277
Customer accounts	1,159,962	1,079,866
Repurchase agreements – non-trading	20,550	18,134
Trading liabilities	184,361	153,691
Financial liabilities designated at fair value	715	1,307
Derivatives	212,797	274,283
Debt securities in issue	11	9
Subordinated liabilities	3	1
Other financial liabilities	48,407	45,569
Cash flows payable under financial liabilities	1,675,053	1,613,137
Loan and other credit-related commitments	570,132	554,801
Financial guarantees and similar contracts	16,712	12,608
Cash flows payable under financial liabilities and other contractual commitments	$ 2,261,897	$ 2,180,546
Proportion of cash flows payable in period	76.00%	78.00%
Due within 3 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	$ 10,596	$ 10,222
Customer accounts	153,018	145,932
Repurchase agreements – non-trading	106,236	66,801
Trading liabilities	0	0
Financial liabilities designated at fair value	1,249	2,265
Derivatives	219	287
Debt securities in issue	12,624	13,118
Subordinated liabilities	2,227	400
Other financial liabilities	18,780	15,844
Cash flows payable under financial liabilities	304,949	254,869
Loan and other credit-related commitments	96,670	84,800
Financial guarantees and similar contracts	4,029	4,647
Cash flows payable under financial liabilities and other contractual commitments	$ 405,648	$ 344,316
Proportion of cash flows payable in period	14.00%	12.00%
Due between 3 and 12 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	$ 1,877	$ 3,284
Customer accounts	44,348	38,273
Repurchase agreements – non-trading	2,270	2,929
Trading liabilities	0	0
Financial liabilities designated at fair value	7,117	5,003
Derivatives	1,221	1,129
Debt securities in issue	21,066	19,492
Subordinated liabilities	841	1,378
Other financial liabilities	3,701	3,050
Cash flows payable under financial liabilities	82,441	74,538
Loan and other credit-related commitments	9,176	8,162
Financial guarantees and similar contracts	10,410	10,301
Cash flows payable under financial liabilities and other contractual commitments	$ 102,027	$ 93,001
Proportion of cash flows payable in period	3.00%	3.00%
Due between 1 and 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	$ 7,814	$ 5,233
Customer accounts	7,238	8,676
Repurchase agreements – non-trading	1,085	1,048
Trading liabilities	0	0
Financial liabilities designated at fair value	39,596	34,707
Derivatives	3,170	2,472
Debt securities in issue	25,654	29,487
Subordinated liabilities	7,011	10,302
Other financial liabilities	1,994	1,525
Cash flows payable under financial liabilities	93,562	93,450
Loan and other credit-related commitments	7,261	6,865
Financial guarantees and similar contracts	5,856	8,138
Cash flows payable under financial liabilities and other contractual commitments	$ 106,679	$ 108,453
Proportion of cash flows payable in period	4.00%	4.00%
More than 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	$ 1,508	$ 1,033
Customer accounts	675	559
Repurchase agreements – non-trading	0	0
Trading liabilities	0	0
Financial liabilities designated at fair value	59,428	61,929
Derivatives	1,506	1,727
Debt securities in issue	11,092	8,089
Subordinated liabilities	21,775	21,552
Other financial liabilities	1,314	843
Cash flows payable under financial liabilities	97,298	95,732
Loan and other credit-related commitments	2,350	1,216
Financial guarantees and similar contracts	1,321	1,378
Cash flows payable under financial liabilities and other contractual commitments	$ 100,969	$ 98,326
Proportion of cash flows payable in period	3.00%	3.00%

Report Of The Directors Fina256

Report Of The Directors Financial Review Risk Report - Cash Flow Payable By HSBC Holding Under Financial Liabilities By Remaining Contractual Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
On demand
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	$ 48,247	$ 40,277
Financial liabilities designated at fair value	715	1,307
Derivatives	212,797	274,283
Debt securities in issue	11	9
Subordinated liabilities	3	1
Other financial liabilities	48,407	45,569
Cash flows payable under financial liabilities	1,675,053	1,613,137
Loan and other credit-related commitments	570,132	554,801
Financial guarantees and similar contracts	16,712	12,608
Cash flows payable under financial liabilities and other contractual commitments	2,261,897	2,180,546
Due within 3 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	10,596	10,222
Financial liabilities designated at fair value	1,249	2,265
Derivatives	219	287
Debt securities in issue	12,624	13,118
Subordinated liabilities	2,227	400
Other financial liabilities	18,780	15,844
Cash flows payable under financial liabilities	304,949	254,869
Loan and other credit-related commitments	96,670	84,800
Financial guarantees and similar contracts	4,029	4,647
Cash flows payable under financial liabilities and other contractual commitments	405,648	344,316
Due between 3 and 12 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	1,877	3,284
Financial liabilities designated at fair value	7,117	5,003
Derivatives	1,221	1,129
Debt securities in issue	21,066	19,492
Subordinated liabilities	841	1,378
Other financial liabilities	3,701	3,050
Cash flows payable under financial liabilities	82,441	74,538
Loan and other credit-related commitments	9,176	8,162
Financial guarantees and similar contracts	10,410	10,301
Cash flows payable under financial liabilities and other contractual commitments	102,027	93,001
Due between 1 and 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	7,814	5,233
Financial liabilities designated at fair value	39,596	34,707
Derivatives	3,170	2,472
Debt securities in issue	25,654	29,487
Subordinated liabilities	7,011	10,302
Other financial liabilities	1,994	1,525
Cash flows payable under financial liabilities	93,562	93,450
Loan and other credit-related commitments	7,261	6,865
Financial guarantees and similar contracts	5,856	8,138
Cash flows payable under financial liabilities and other contractual commitments	106,679	108,453
More than 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	1,508	1,033
Financial liabilities designated at fair value	59,428	61,929
Derivatives	1,506	1,727
Debt securities in issue	11,092	8,089
Subordinated liabilities	21,775	21,552
Other financial liabilities	1,314	843
Cash flows payable under financial liabilities	97,298	95,732
Loan and other credit-related commitments	2,350	1,216
Financial guarantees and similar contracts	1,321	1,378
Cash flows payable under financial liabilities and other contractual commitments	100,969	98,326
HSBC Holdings | On demand
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	0	0
Financial liabilities designated at fair value	0	0
Derivatives	2,008	3,841
Debt securities in issue	0	0
Subordinated liabilities	0	0
Other financial liabilities	0	0
Cash flows payable under financial liabilities	2,008	3,841
Loan and other credit-related commitments	0	0
Financial guarantees and similar contracts	7,778	7,619
Cash flows payable under financial liabilities and other contractual commitments	9,786	11,460
HSBC Holdings | Due within 3 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	2,525	2,051
Financial liabilities designated at fair value	286	314
Derivatives	0	0
Debt securities in issue	232	157
Subordinated liabilities	2,113	196
Other financial liabilities	849	1,343
Cash flows payable under financial liabilities	6,005	4,061
Loan and other credit-related commitments	0	0
Financial guarantees and similar contracts	0	0
Cash flows payable under financial liabilities and other contractual commitments	6,005	4,061
HSBC Holdings | Due between 3 and 12 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	46	0
Financial liabilities designated at fair value	875	960
Derivatives	0	0
Debt securities in issue	1,787	478
Subordinated liabilities	537	598
Other financial liabilities	200	164
Cash flows payable under financial liabilities	3,445	2,200
Loan and other credit-related commitments	0	0
Financial guarantees and similar contracts	0	0
Cash flows payable under financial liabilities and other contractual commitments	3,445	2,200
HSBC Holdings | Due between 1 and 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	0	105
Financial liabilities designated at fair value	16,554	11,964
Derivatives	293	592
Debt securities in issue	13,975	8,393
Subordinated liabilities	2,852	4,461
Other financial liabilities	0	0
Cash flows payable under financial liabilities	33,674	25,515
Loan and other credit-related commitments	0	0
Financial guarantees and similar contracts	0	0
Cash flows payable under financial liabilities and other contractual commitments	33,674	25,515
HSBC Holdings | More than 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Deposits by banks	0	0
Financial liabilities designated at fair value	19,465	25,665
Derivatives	781	592
Debt securities in issue	26,452	19,164
Subordinated liabilities	20,944	20,899
Other financial liabilities	0	0
Cash flows payable under financial liabilities	67,642	66,320
Loan and other credit-related commitments	0	0
Financial guarantees and similar contracts	0	0
Cash flows payable under financial liabilities and other contractual commitments	$ 67,642	$ 66,320

Report Of The Directors Fina257

Report Of The Directors Financial Review Risk Report - Trading VaR, 99% 1 Day (Details) - Trading portfolios - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	$ 63.7	$ 52.8
Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	47.8	57.5
Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	70.8	91.5
Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	36.6	42.1
Foreign exchange (FX) and commodity
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	7.4	8.9
Foreign exchange (FX) and commodity | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	10.4	11.1
Foreign exchange (FX) and commodity | Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	23	16.9
Foreign exchange (FX) and commodity | Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	4.9	5.4
Interest rate (IR)
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	30.8	49.8
Interest rate (IR) | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	38.2	42.8
Interest rate (IR) | Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	67.1	64.2
Interest rate (IR) | Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	27.2	31.8
Equity (EQ)
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	32.6	11.8
Equity (EQ) | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	16.7	20.4
Equity (EQ) | Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	32.6	32.4
Equity (EQ) | Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	9.1	11.8
Credit spread (CS)
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	31.1	5.9
Credit spread (CS) | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	15.4	13.5
Credit spread (CS) | Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	31.8	28.1
Credit spread (CS) | Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	5.1	5
Portfolio diversification
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	(38.2)	(23.5)
Portfolio diversification | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	$ (32.9)	$ (30.3)

Report Of The Directors Fina258

Report Of The Directors Financial Review Risk Report - Non-trading VaR 99% 1 Day (Details) - Non-trading portfolios - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	$ 96.3	$ 171.4
Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	128.2	152.2
Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	183.8	182.1
Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	93.3	123.3
Interest rate (IR)
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	88.5	157
Interest rate (IR) | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	119	131.6
Interest rate (IR) | Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	164.1	171.9
Interest rate (IR) | Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	88.5	100.2
Credit spread (CS)
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	46.7	46.5
Credit spread (CS) | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	46.1	52.8
Credit spread (CS) | Top of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	71.9	82.8
Credit spread (CS) | Bottom of range
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	24.5	36.9
Portfolio diversification
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	(38.9)	(32.1)
Portfolio diversification | Average
Disclosure of nature and extent of risks arising from financial instruments [line items]
Value at risk	$ (36.9)	$ (32.1)

Report Of The Directors Fina259

Report Of The Directors Financial Review Risk Report - Fair Value Of Equity Securities (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial assets [line items]
Financial assets	$ 2,433,785	$ 2,293,296
Available for sale
Disclosure of financial assets [line items]
Financial assets	336,157	389,874
Equity securities | Available for sale
Disclosure of financial assets [line items]
Financial assets	3,917	4,667
Private equity holdings | Available for sale
Disclosure of financial assets [line items]
Financial assets	1,000	1,200
Investment to facilitate ongoing business | Available for sale
Disclosure of financial assets [line items]
Financial assets	1,600	1,500
Other strategic investments | Available for sale
Disclosure of financial assets [line items]
Financial assets	$ 1,300	$ 2,000

Report Of The Directors Fina260

Report Of The Directors Financial Review Risk Report - Net Interest Income Sensitivity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Net Interest Income Sensitivity Analysis [Line Items]
Positive 25 basis points at the beginning of each quarter	$ 2,178	$ 1,709
Negative 25 basis points at the beginning of each quarter	(2,492)	(2,406)
USD
Disclosure Of Net Interest Income Sensitivity Analysis [Line Items]
Positive 25 basis points at the beginning of each quarter	563	577
Negative 25 basis points at the beginning of each quarter	(821)	(985)
HKD
Disclosure Of Net Interest Income Sensitivity Analysis [Line Items]
Positive 25 basis points at the beginning of each quarter	511	504
Negative 25 basis points at the beginning of each quarter	(789)	(797)
GBP
Disclosure Of Net Interest Income Sensitivity Analysis [Line Items]
Positive 25 basis points at the beginning of each quarter	407	61
Negative 25 basis points at the beginning of each quarter	(494)	(261)
EUR
Disclosure Of Net Interest Income Sensitivity Analysis [Line Items]
Positive 25 basis points at the beginning of each quarter	249	153
Negative 25 basis points at the beginning of each quarter	17	9
Other
Disclosure Of Net Interest Income Sensitivity Analysis [Line Items]
Positive 25 basis points at the beginning of each quarter	448	414
Negative 25 basis points at the beginning of each quarter	$ (405)	$ (372)

Report Of The Directors Fina261

Report Of The Directors Financial Review Risk Report - Measurement (Details)	12 Months Ended
	Dec. 31, 2017
Report Of The Directors Financial Review Risk Report [Abstract]
Risk appetite	140.00%
Risk tolerance	110.00%

Report Of The Directors Fina262

Report Of The Directors Financial Review Risk Report - Balance Sheet Of Insurance Manufacturing Subsidiaries By Type Of Contract (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure of types of insurance contracts [line items]
Financial assets	$ 2,433,785	$ 2,293,296
– trading assets	287,995	235,125
– financial assets designated at fair value	29,464	24,756
Derivatives	219,818	290,872
– other financial assets	14,353	12,298
Total assets	2,521,771	2,374,986	$ 2,409,656
Liabilities under insurance contracts	83,196	73,453
Deferred tax	1,982	1,623
Other liabilities	21,202	19,483
Total liabilities	2,323,900	2,192,408
Total equity	197,871	182,578	$ 197,518	$ 199,978
Total liabilities and equity	2,521,771	2,374,986
With DPF
Disclosure of types of insurance contracts [line items]
Liabilities under insurance contracts	26,007	22,281
Unit-linked
Disclosure of types of insurance contracts [line items]
Liabilities under insurance contracts	7,280	6,629
Other contracts
Disclosure of types of insurance contracts [line items]
Liabilities under insurance contracts	49,909	44,543
Insurance Manufacturing Subsidiaries
Disclosure of types of insurance contracts [line items]
Financial assets	95,704	84,043
– trading assets	0	2
– financial assets designated at fair value	28,557	24,299
Derivatives	340	273
– financial investments – HTM	39,029	34,115
– financial investments – AFS	21,993	19,920
– other financial assets	5,785	5,434
Reinsurance assets	2,536	1,868
PVIF	6,610	6,502
Other assets and investment properties	3,267	2,417
Total assets	108,117	94,830
Liabilities under investment contracts designated at fair value	5,635	6,002
Liabilities under insurance contracts	85,667	75,273
Deferred tax	1,259	1,189
Other liabilities	3,325	1,805
Total liabilities	95,886	84,269
Total equity	12,231	10,561
Total liabilities and equity	108,117	94,830
Insurance Manufacturing Subsidiaries | Assets and liabilities related to insurance contracts | With DPF
Disclosure of types of insurance contracts [line items]
Financial assets	65,112	57,004
– trading assets	0	0
– financial assets designated at fair value	15,533	12,134
Derivatives	286	212
– financial investments – HTM	29,302	25,867
– financial investments – AFS	15,280	14,359
– other financial assets	4,711	4,432
Reinsurance assets	1,108	498
PVIF	0	0
Other assets and investment properties	1,975	1,716
Total assets	68,195	59,218
Liabilities under investment contracts designated at fair value	0	0
Liabilities under insurance contracts	67,137	58,800
Deferred tax	14	13
Other liabilities	0	0
Total liabilities	67,151	58,813
Total equity	0	0
Total liabilities and equity	67,151	58,813
Insurance Manufacturing Subsidiaries | Assets and liabilities related to insurance contracts | Unit-linked
Disclosure of types of insurance contracts [line items]
Financial assets	9,081	8,877
– trading assets	0	0
– financial assets designated at fair value	8,814	8,592
Derivatives	0	2
– financial investments – HTM	0	0
– financial investments – AFS	0	0
– other financial assets	267	283
Reinsurance assets	274	322
PVIF	0	0
Other assets and investment properties	2	5
Total assets	9,357	9,204
Liabilities under investment contracts designated at fair value	1,750	2,197
Liabilities under insurance contracts	7,548	6,949
Deferred tax	6	3
Other liabilities	0	0
Total liabilities	9,304	9,149
Total equity	0	0
Total liabilities and equity	9,304	9,149
Insurance Manufacturing Subsidiaries | Assets and liabilities related to insurance contracts | Other contracts
Disclosure of types of insurance contracts [line items]
Financial assets	14,849	13,021
– trading assets	0	2
– financial assets designated at fair value	2,951	2,889
Derivatives	13	13
– financial investments – HTM	6,396	5,329
– financial investments – AFS	4,836	4,206
– other financial assets	653	582
Reinsurance assets	1,154	1,048
PVIF	0	0
Other assets and investment properties	164	171
Total assets	16,167	14,240
Liabilities under investment contracts designated at fair value	3,885	3,805
Liabilities under insurance contracts	10,982	9,524
Deferred tax	9	7
Other liabilities	0	0
Total liabilities	14,876	13,336
Total equity	0	0
Total liabilities and equity	14,876	13,336
Insurance Manufacturing Subsidiaries | Shareholder assets and liabilities
Disclosure of types of insurance contracts [line items]
Financial assets	6,662	5,141
– trading assets	0	0
– financial assets designated at fair value	1,259	684
Derivatives	41	46
– financial investments – HTM	3,331	2,919
– financial investments – AFS	1,877	1,355
– other financial assets	154	137
Reinsurance assets	0	0
PVIF	6,610	6,502
Other assets and investment properties	1,126	525
Total assets	14,398	12,168
Liabilities under investment contracts designated at fair value	0	0
Liabilities under insurance contracts	0	0
Deferred tax	1,230	1,166
Other liabilities	3,325	1,805
Total liabilities	4,555	2,971
Total equity	12,231	10,561
Total liabilities and equity	$ 16,786	$ 13,532

Report Of The Directors Fina263

Report Of The Directors Financial Review Risk Report - Balance Sheet Of Insurance Manufacturing Subsidiaries By Geographical Region (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure of types of insurance contracts [line items]
Financial assets	$ 2,433,785	$ 2,293,296
– trading assets	287,995	235,125
– financial assets designated at fair value	29,464	24,756
Derivatives	219,818	290,872
– other financial assets	14,353	12,298
Total assets	2,521,771	2,374,986	$ 2,409,656
Liabilities under insurance contracts	83,196	73,453
Deferred tax	1,982	1,623
Other liabilities	21,202	19,483
Total liabilities	2,323,900	2,192,408
Total equity	197,871	182,578	$ 197,518	$ 199,978
Total liabilities and equity	2,521,771	2,374,986
Insurance Manufacturing Subsidiaries
Disclosure of types of insurance contracts [line items]
Financial assets	95,704	84,043
– trading assets	0	2
– financial assets designated at fair value	28,557	24,299
Derivatives	340	273
– financial investments – HTM	39,029	34,115
– financial investments – AFS	21,993	19,920
– other financial assets	5,785	5,434
Reinsurance assets	2,536	1,868
PVIF	6,610	6,502
Other assets and investment properties	3,267	2,417
Total assets	108,117	94,830
Liabilities under investment contracts designated at fair value	5,635	6,002
Liabilities under insurance contracts	85,667	75,273
Deferred tax	1,259	1,189
Other liabilities	3,325	1,805
Total liabilities	95,886	84,269
Total equity	12,231	10,561
Total liabilities and equity	108,117	94,830
Insurance Manufacturing Subsidiaries | Europe
Disclosure of types of insurance contracts [line items]
Financial assets	30,231	26,238
– trading assets	0	0
– financial assets designated at fair value	12,430	10,171
Derivatives	169	187
– financial investments – HTM	0	0
– financial investments – AFS	15,144	13,812
– other financial assets	2,488	2,068
Reinsurance assets	469	362
PVIF	773	711
Other assets and investment properties	1,666	871
Total assets	33,139	28,182
Liabilities under investment contracts designated at fair value	739	1,321
Liabilities under insurance contracts	28,416	24,310
Deferred tax	217	238
Other liabilities	2,043	841
Total liabilities	31,415	26,710
Total equity	1,724	1,472
Total liabilities and equity	33,139	28,182
Insurance Manufacturing Subsidiaries | Asia
Disclosure of types of insurance contracts [line items]
Financial assets	63,973	56,371
– trading assets	0	0
– financial assets designated at fair value	15,633	13,618
Derivatives	171	86
– financial investments – HTM	38,506	33,624
– financial investments – AFS	6,393	5,735
– other financial assets	3,270	3,308
Reinsurance assets	2,063	1,499
PVIF	5,709	5,682
Other assets and investment properties	1,577	1,493
Total assets	73,322	65,045
Liabilities under investment contracts designated at fair value	4,896	4,681
Liabilities under insurance contracts	56,047	49,793
Deferred tax	1,033	919
Other liabilities	1,209	914
Total liabilities	63,185	56,307
Total equity	10,137	8,738
Total liabilities and equity	73,322	65,045
Insurance Manufacturing Subsidiaries | Latin America
Disclosure of types of insurance contracts [line items]
Financial assets	1,500	1,434
– trading assets	0	2
– financial assets designated at fair value	494	510
Derivatives	0	0
– financial investments – HTM	523	491
– financial investments – AFS	456	373
– other financial assets	27	58
Reinsurance assets	4	7
PVIF	128	109
Other assets and investment properties	24	53
Total assets	1,656	1,603
Liabilities under investment contracts designated at fair value	0	0
Liabilities under insurance contracts	1,204	1,170
Deferred tax	9	32
Other liabilities	73	50
Total liabilities	1,286	1,252
Total equity	370	351
Total liabilities and equity	$ 1,656	$ 1,603

Report Of The Directors Fina264

Report Of The Directors Financial Review Risk Report - Financial Return Guarantees (Details) - Market risk - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of Financial Return Guarantees [Line Items]
Cost of guarantees	$ 696	$ 625
Investment Returns Range One
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	0.00%	0.00%
Cost of guarantees	$ 103	$ 59
Investment Returns Range Two
Disclosure of Financial Return Guarantees [Line Items]
Cost of guarantees	64	64
Investment Returns Range Three
Disclosure of Financial Return Guarantees [Line Items]
Cost of guarantees	459	426
Investment Returns Range Four
Disclosure of Financial Return Guarantees [Line Items]
Cost of guarantees	$ 70	$ 76
Bottom of range
Disclosure of Financial Return Guarantees [Line Items]
Long-term investment returns on relevant portfolios	0.00%	0.00%
Bottom of range | Investment Returns Range Two
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	0.10%	0.10%
Long-term investment returns on relevant portfolios	3.20%	3.70%
Bottom of range | Investment Returns Range Three
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	2.10%	2.10%
Long-term investment returns on relevant portfolios	3.20%	3.00%
Bottom of range | Investment Returns Range Four
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	4.10%	4.10%
Long-term investment returns on relevant portfolios	3.20%	3.00%
Top of range
Disclosure of Financial Return Guarantees [Line Items]
Long-term investment returns on relevant portfolios	3.20%	3.00%
Top of range | Investment Returns Range Two
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	2.00%	2.00%
Long-term investment returns on relevant portfolios	3.70%	3.80%
Top of range | Investment Returns Range Three
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	4.00%	4.00%
Long-term investment returns on relevant portfolios	4.40%	4.40%
Top of range | Investment Returns Range Four
Disclosure of Financial Return Guarantees [Line Items]
Investment returns implied by guarantee	5.00%	5.00%
Long-term investment returns on relevant portfolios	4.10%	4.10%

Report Of The Directors Fina265

Report Of The Directors Financial Review Risk Report - Sensitivity Of HSBC's Insurance Manufacturing Subsidiaries To Market Risk Factors (Details) - Market risk - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Effect on profit after tax
Positive 100 basis point parallel shift in yield curves	$ 42	$ 63
Negative 100 basis point parallel shift in yield curves	(140)	(182)
10% increase in equity prices	223	189
10% decrease in equity prices	(225)	(191)
10% increase in US dollar exchange rate compared with all currencies	24	19
10% decrease in US dollar exchange rate compared with all currencies	(24)	(19)
Effect on total equity
Positive 100 basis point parallel shift in yield curves	(583)	(494)
Negative 100 basis point parallel shift in yield curves	617	490
10% increase in equity prices	237	190
10% decrease in equity prices	(239)	(191)
10% increase in US dollar exchange rate compared with all currencies	24	19
10% decrease in US dollar exchange rate compared with all currencies	$ (24)	$ (19)

Report Of The Directors Fina266

Report Of The Directors Financial Review Risk Report - Credit Risk, Description And Exposure (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Credit risk
Disclosure of credit risk exposure [line items]
Percentage of insurance contracts assessed as satisfactory or higher that is neither past due nor impaired	100.00%	100.00%

Report Of The Directors Fina267

Report Of The Directors Financial Review Risk Report - Expected Maturity Of Insurance Contract Liabilities (Details) - Liquidity risk - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	$ 138,006	$ 127,498
1 year or less
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	7,885	6,212
Due between 1 and 5 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	29,494	25,604
5-15 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	48,479	45,722
Over 15 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	52,148	49,960
Unit-linked
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	15,519	17,712
Unit-linked | 1 year or less
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	969	630
Unit-linked | Due between 1 and 5 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	3,041	2,468
Unit-linked | 5-15 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	4,695	5,101
Unit-linked | Over 15 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	6,814	9,513
With DPF and Other contracts
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	122,487	109,786
With DPF and Other contracts | 1 year or less
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	6,916	5,582
With DPF and Other contracts | Due between 1 and 5 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	26,453	23,136
With DPF and Other contracts | 5-15 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	43,784	40,621
With DPF and Other contracts | Over 15 years
Disclosure Of Expected Maturity Of Insurance Contract Liabilities [Line Items]
Expected undiscounted cash flows	$ 45,334	$ 40,447

Report Of The Directors Fina268

Report Of The Directors Financial Review Risk Report - Sensitivity Analysis (Details) - Insurance Risk - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of types of insurance contracts [line items]
10% increase in mortality and/or morbidity rates	$ (77)	$ (71)
10% decrease in mortality and/or morbidity rates	82	75
10% increase in lapse rates	(93)	(80)
10% decrease in lapse rates	106	93
10% increase in expense rates	(92)	(89)
10% decrease in expense rates	$ 91	$ 87

Report Of The Directors Fina269

Report Of The Directors Financial Review Capital Report - Transitional own funds disclosure (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Common equity tier 1 (‘CET1’) capital: instruments and reserves
Capital instruments and the related share premium accounts	$ 18,932	$ 21,310
Retained earnings	124,679	129,552
Accumulated other comprehensive income (and other reserves)	9,433	560
Minority interests (amount allowed in consolidated CET1)	4,905	3,878
Independently reviewed interim net profits net of any foreseeable charge or dividend	608	(6,009)
Common equity tier 1 capital before regulatory adjustments	158,557	149,291
Common equity tier 1 capital: regulatory adjustments
Additional value adjustments	(1,146)	(1,358)
Intangible assets (net of related deferred tax liability)	(16,872)	(15,037)
Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability)	(1,181)	(1,696)
Fair value reserves related to gains or losses on cash flow hedges	208	(52)
Negative amounts resulting from the calculation of expected loss amounts	(2,820)	(4,025)
Gains or losses on liabilities at fair value resulting from changes in own credit standing	3,731	1,052
Defined-benefit pension fund assets	(6,740)	(3,680)
Direct and indirect holdings of own CET1 instruments	(40)	(1,573)
Direct, indirect and synthetic holdings by the institution of the CET1 instruments of financial sector entities where the institution has a significant investment in those entities (amount above 10% threshold and net of eligible short positions)	(7,553)	(6,370)
Total regulatory adjustments to common equity tier 1	(32,413)	(32,739)
Common equity tier 1 capital	126,144	116,552
Additional tier 1 (‘AT1’) capital: instruments
Capital instruments and the related share premium accounts	16,399	11,259
Amount of qualifying items and the related share premium accounts subject to phase out from AT1	6,622	7,946
Qualifying tier 1 capital included in consolidated AT1 capital (including minority interests not included in CET1) issued by subsidiaries and held by third parties	1,901	2,419
– of which: instruments issued by subsidiaries subject to phase out	1,374	1,522
Additional tier 1 capital before regulatory adjustments	24,922	21,624
Additional tier 1 capital: regulatory adjustments
Direct and indirect holdings of own AT1 instruments	(60)	(60)
Residual amounts deducted from AT1 capital with regard to deduction from tier 2 (‘T2’) capital during the transitional period	(52)	(94)
Total regulatory adjustments to additional tier 1 capital	(112)	(154)
Additional tier 1 capital	24,810	21,470
Tier 1 capital (T1 CET1 AT1)	150,954	138,022
Tier 2 capital: instruments and provisions
Capital instruments and the related share premium accounts	16,880	16,732
Amount of qualifying items and the related share premium accounts subject to phase out from T2	4,746	5,695
Qualifying own funds instruments included in consolidated T2 capital (including minority interests and AT1 instruments not included in CET1 or AT1) issued by subsidiaries and held by third parties	10,306	12,323
– of which: instruments issued by subsidiaries subject to phase out	10,236	12,283
Tier 2 capital before regulatory adjustments	31,932	34,750
Tier 2 capital: regulatory adjustments
Direct and indirect holdings of own T2 instruments	(40)	(40)
Direct and indirect holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (net of eligible short positions)	(463)	(374)
Total regulatory adjustments to tier 2 capital	(503)	(414)
Tier 2 capital	31,429	34,336
Total capital (TC T1 T2)	$ 182,383	$ 172,358

Report Of The Directors Fina270

Report Of The Directors Financial Review Capital Report - Capital Narrative (Details) $ in Billions	12 Months Ended
	Dec. 31, 2017USD ($)
Report Of The Directors Financial Review Capital Report [Abstract]
Common equity tier one capital ratio	14.50%
Increase in common equity tier one capital	$ 9.5
Increase in common equity tier one capital, from profit, net of dividends	3.7
Increase in common equity tier one capital, from foreign currency translation differences	6.3
Increase in common equity tier one capital, from regulatory netting	1.5
Increase in common equity tier one capital, for deduction for excess expected loss	1.3
Increase in common equity tier one capital, from value of minority interests allowed in CET1	1
Decrease in common equity tier one capital from share buy-back	3
Decrease in common equity tier one capital from change in US tax legislation	1.2
Decrease in risk weighted assets, change in tax legislation	$ 3.1

Report of Directors Corporat271

Report of Directors Corporate Governance - Single Figure of Remuneration (Details) - GBP (£) £ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Douglas Flint
Disclosure of transactions between related parties [line items]
Base salary	£ 1,125	£ 1,500
Fixed pay allowance	0	0
Cash in lieu of pension	338	450
Annual incentive	0	0
LTI1	0	0
Sub-total	1,463	1,950
Taxable benefits	83	100
Non-taxable benefits	64	86
Notional returns	0	0
Total	1,610	2,136
Stuart Gulliver
Disclosure of transactions between related parties [line items]
Base salary	1,250	1,250
Fixed pay allowance	1,700	1,700
Cash in lieu of pension	375	375
Annual incentive	2,127	1,695
LTI1	0	0
Sub-total	5,452	5,020
Taxable benefits	500	557
Non-taxable benefits	71	71
Notional returns	63	27
Total	£ 6,086	5,675
Percentage of annual incentive award deferred in shares	60.00%
Stuart Gulliver | Tranche 1
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 2
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 3
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 4
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Stuart Gulliver | Tranche 5
Disclosure of transactions between related parties [line items]
Vesting percentage	20.00%
Iain Mackay
Disclosure of transactions between related parties [line items]
Base salary	£ 700	700
Fixed pay allowance	950	950
Cash in lieu of pension	210	210
Annual incentive	1,334	987
LTI1	0	0
Sub-total	3,194	2,847
Taxable benefits	64	52
Non-taxable benefits	37	37
Notional returns	42	17
Total	3,337	2,953
Marc Moses
Disclosure of transactions between related parties [line items]
Base salary	700	700
Fixed pay allowance	950	950
Cash in lieu of pension	210	210
Annual incentive	1,358	1,005
LTI1	0	0
Sub-total	3,218	2,865
Taxable benefits	16	15
Non-taxable benefits	38	38
Notional returns	42	18
Total	£ 3,314	£ 2,936

Report of Directors Corporat272

Report of Directors Corporate Governance - Single Figure of Remuneration Commentary (Details) - GBP (£) £ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Douglas Flint
Disclosure of transactions between related parties [line items]
Car benefit	£ 0	£ 0
Hong Kong bank-owned accommodation	0	0
Tax expense on car benefit and Hong Kong bank-owned accommodation	0	0
Insurance benefit (non-taxable)	56	75
Stuart Gulliver
Disclosure of transactions between related parties [line items]
Car benefit	0	64
Hong Kong bank-owned accommodation	282	263
Tax expense on car benefit and Hong Kong bank-owned accommodation	164	211
Insurance benefit (non-taxable)	£ 63	£ 63

Report of Directors Corporat273

Report of Directors Corporate Governance - Determining Executive Directors (Details) £ in Thousands, $ in Billions	12 Months Ended
	Dec. 31, 2017USD ($)country	Dec. 31, 2017GBP (£)country	Dec. 31, 2016GBP (£)
Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	100.00%	100.00%
Outcome (%)	79.96%	79.96%
Maximum annual incentive opportunity | £		£ 2,660
Annual incentive | £		£ 2,127	£ 1,695
Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	100.00%	100.00%
Outcome (%)	89.54%	89.54%
Maximum annual incentive opportunity | £		£ 1,490
Annual incentive | £		£ 1,334	987
Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	100.00%	100.00%
Outcome (%)	91.17%	91.17%
Maximum annual incentive opportunity | £		£ 1,490
Annual incentive | £		£ 1,358	£ 1,005
Profit before tax
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Assessment (%)	100.00%	100.00%
Profit before tax | Bottom of range
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Financial measure, payout	$ 16
Profit before tax | Top of range
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Financial measure, payout	19
Financial measure, performance	$ 21.2
Profit before tax | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	20.00%	20.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	20.00%	20.00%
Profit before tax | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	10.00%	10.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	10.00%	10.00%
Profit before tax | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	10.00%	10.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	10.00%	10.00%
Capital management | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	0.00%	0.00%
Assessment (%)	0.00%	0.00%
Outcome (%)	0.00%	0.00%
Capital management | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	25.00%	25.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	25.00%	25.00%
Capital management | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	0.00%	0.00%
Assessment (%)	0.00%	0.00%
Outcome (%)	0.00%	0.00%
Deliver cost savings
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Assessment (%)	25.00%	25.00%
Deliver cost savings | Bottom of range
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Financial measure, payout	$ 30.2
Deliver cost savings | Top of range
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Financial measure, payout	29.6
Financial measure, performance	$ 30.2
Deliver cost savings | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	20.00%	20.00%
Assessment (%)	25.00%	25.00%
Outcome (%)	5.00%	5.00%
Deliver cost savings | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	10.00%	10.00%
Assessment (%)	25.00%	25.00%
Outcome (%)	2.50%	2.50%
Deliver cost savings | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	0.00%	0.00%
Assessment (%)	0.00%	0.00%
Outcome (%)	0.00%	0.00%
Reduce Group RWAs
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Assessment (%)	100.00%	100.00%
Reduce Group RWAs | Bottom of range
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Financial measure, payout	$ 63.4
Reduce Group RWAs | Top of range
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Financial measure, payout	70.5
Financial measure, performance	$ 70.7
Reduce Group RWAs | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	10.00%	10.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	10.00%	10.00%
Reduce Group RWAs | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	10.00%	10.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	10.00%	10.00%
Reduce Group RWAs | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	15.00%	15.00%
Assessment (%)	100.00%	100.00%
Outcome (%)	15.00%	15.00%
Strategic growth
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Assessment (%)	90.19%	90.19%
Strategic growth | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	10.00%	10.00%
Assessment (%)	90.19%	90.19%
Outcome (%)	9.02%	9.02%
Strategic growth | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	0.00%	0.00%
Assessment (%)	0.00%	0.00%
Outcome (%)	0.00%	0.00%
Strategic growth | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	0.00%	0.00%
Assessment (%)	0.00%	0.00%
Outcome (%)	0.00%	0.00%
Global Standards including risk and compliance | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	25.00%	25.00%
Assessment (%)	85.00%	85.00%	85.00%
Outcome (%)	21.25%	21.25%
Global Standards including risk and compliance | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	25.00%	25.00%
Assessment (%)	90.00%	90.00%	90.00%
Outcome (%)	22.50%	22.50%
Global Standards including risk and compliance | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	50.00%	50.00%
Assessment (%)	86.25%	86.25%	86.30%
Outcome (%)	43.13%	43.13%
Personal objectives | Stuart Gulliver
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	15.00%	15.00%
Assessment (%)	97.92%	97.92%
Outcome (%)	14.69%	14.69%
Sustainable Finance Target	$ 100
Number of countries and territories where the entity's footprint has been reduced | country	67	67
Percentage of head office roles resourced	91.00%	91.00%
Customer recommendation by retail customers, percentage, target	75.00%	75.00%
Customer recommendation by retail customers, percentage, actual	82.00%	82.00%
Percentage of female representation at Senior Management level, target	26.30%	26.30%
Personal objectives | Iain Mackay
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	20.00%	20.00%
Assessment (%)	97.70%	97.70%
Outcome (%)	19.54%	19.54%
Percentage of head office roles resourced	91.00%	91.00%
Percentage of female representation at Senior Management level, target	28.50%	28.50%
Percentage of female representation at Senior Management level, actual	26.70%	26.70%
Personal objectives | Marc Moses
Disclosure Of Critical Performance Measures And Indicators Management Uses [Line Items]
Weighting (%)	25.00%	25.00%
Assessment (%)	92.18%	92.18%
Outcome (%)	23.04%	23.04%
Percentage of female representation at Senior Management level, target	27.70%	27.70%
Percentage of female representation at Senior Management level, actual	27.10%	27.10%

Report of Directors Corporat274

Report of Directors Corporate Governance - Awards Under The Long-Term Incentives (Details) - Long-Term Incentive Awards $ in Billions	12 Months Ended
	Dec. 31, 2017USD ($)market
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Performance Metric, Average Return On Equity	10.00%
Performance period	3 years
Retention period	1 year
Sustainable finance performance metric | $	$ 34
Percentage of employee confidence performance metric	67.00%
Customer recommendation improvement, number of markets in top five markets | market	4
Metric weighting percent	100.00%
Share-Based Compensation Arrangement By Share-Based Payment Award, Performance Metric, Cost Efficiency Ratio	58.00%
Average Return On Equity
Disclosure of terms and conditions of share-based payment arrangement [line items]
Metric weighting percent	20.00%
Cost Efficiency Ratio
Disclosure of terms and conditions of share-based payment arrangement [line items]
Metric weighting percent	20.00%
Relative Total Shareholder Return
Disclosure of terms and conditions of share-based payment arrangement [line items]
Metric weighting percent	20.00%
Risk and Compliance
Disclosure of terms and conditions of share-based payment arrangement [line items]
Metric weighting percent	25.00%
Strategy
Disclosure of terms and conditions of share-based payment arrangement [line items]
Metric weighting percent	15.00%
Iain Mackay
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage of base salary	319.00%
Marc Moses
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage of base salary	319.00%
Bottom of range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Performance Metric, Average Return On Equity	9.00%
Sustainable finance performance metric | $	$ 30
Percentage of employee confidence performance metric	65.00%
Customer recommendation improvement, number of markets in top five markets | market	3
Share-Based Compensation Arrangement By Share-Based Payment Award, Performance Metric, Cost Efficiency Ratio	60.00%
Top of range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Performance Metric, Average Return On Equity	11.00%
Sustainable finance performance metric | $	$ 37
Percentage of employee confidence performance metric	70.00%
Customer recommendation improvement, number of markets in top five markets | market	5
Share-Based Compensation Arrangement By Share-Based Payment Award, Performance Metric, Cost Efficiency Ratio	55.50%
Tranche 1
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	20.00%
Tranche 2
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	20.00%
Tranche 3
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	20.00%
Tranche 4
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	20.00%
Tranche 5
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	20.00%

Report of Directors Corporat275

Report of Directors Corporate Governance - Payments to Past Directors (Details) - Former Directors	12 Months Ended
	Dec. 31, 2017GBP (£)
Disclosure of transactions between related parties [line items]
Payments to key management personnel in excess of minimum threshold	£ 0
Key management personnel, threshold minimum	£ 50,000

Report of Directors Corporat276

Report of Directors Corporate Governance - Total Pension Entitlements (Details)	12 Months Ended
	Dec. 31, 2017individual
Report Of Directors Corporate Governance [Abstract]
Number of executive directors entitled to additional early retirement benefits	0
Normal employee retirement age	65 years

Report of Directors Corporat277

Report of Directors Corporate Governance - Exit Payments Made in Year (Details) $ in Millions	1 Months Ended	12 Months Ended
	Dec. 31, 2017GBP (£)	Dec. 31, 2017USD ($)	Dec. 31, 2017GBP (£)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Disclosure of transactions between related parties [line items]
Salary and cash | $		$ 43		$ 41	$ 40
Contractual benefits | $		$ 5		$ 5	$ 9
Douglas Flint
Disclosure of transactions between related parties [line items]
Salary and cash			£ 487,500
Contractual benefits			£ 24,068
Termination benefits in lieu of future pension collection	£ 377,500
Unused holiday benefits	£ 180,000
Period eligible for medical coverage		7 years	7 years

Report of Directors Corporat278

Report of Directors Corporate Governance - Scheme Awards (Details) £ / shares in Units, £ in Thousands	Feb. 27, 2017GBP (£)shares£ / shares	Dec. 31, 2017	Dec. 29, 2017£ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price on date of grant (in gbp per share)			£ 7.6650
Immediate shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Retention period		6 months
Percentage of maximum opportunity if minimum performance is achieved		0.00%
Deferred shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Retention period		6 months
Performance period		3 years
Deferred shares | Tranche 1
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Deferred shares | Tranche 2
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Deferred shares | Tranche 3
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Deferred shares | Tranche 4
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Deferred shares | Tranche 5
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Top of range | Deferred shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Claw-back period		10 years
Stuart Gulliver | Tranche 1
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Stuart Gulliver | Tranche 2
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Stuart Gulliver | Tranche 3
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Stuart Gulliver | Tranche 4
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Stuart Gulliver | Tranche 5
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20.00%
Stuart Gulliver | Deferred shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Face value awarded | £	£ 3,990
Percentage receivable for minimum performance	25.00%
Number of shares awarded | shares	613,562
Share price on date of grant (in gbp per share)	£ 6.5030
Iain Mackay | Deferred shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Face value awarded | £	£ 2,232
Percentage receivable for minimum performance	25.00%
Number of shares awarded | shares	343,226
Share price on date of grant (in gbp per share)	£ 6.5030
Marc Moses | Deferred shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Face value awarded | £	£ 2,232
Percentage receivable for minimum performance	25.00%
Number of shares awarded | shares	343,226
Share price on date of grant (in gbp per share)	£ 6.5030

Report of Directors Corporat279

Report of Directors Corporate Governance - Directors' interests in shares (Details)	3 Months Ended	12 Months Ended
	Dec. 31, 2017shares£ / shares	Dec. 31, 2017shares	Dec. 31, 2016shares	Dec. 31, 2015shares
Disclosure of transactions between related parties [line items]
Number of shares		250,000
Average daily closing share price (gbp per share) | £ / shares	£ 7.4468
Share options (in shares)	64,670,000	64,670,000	70,027,000	74,775,000
Period after appointment to meet minimum shareholding guideline		5 years
Deferred Shares, Without Performance Conditions
Disclosure of transactions between related parties [line items]
Award vesting period		5 years
Douglas Flint
Disclosure of transactions between related parties [line items]
Shareholding, percentage of salary	125.00%	125.00%
Share interests	252,606	252,606
Share options (in shares)	2,919	2,919	2,919
Shareholding guidelines, percentage of salary		100.00%
Douglas Flint | Deferred Shares, Without Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	0	0
Douglas Flint | Deferred Shares, With Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	0	0
Stuart Gulliver
Disclosure of transactions between related parties [line items]
Shareholding, percentage of salary	2211.00%	2211.00%
Share interests	3,711,169	3,711,169
Share options (in shares)	0	0
Shareholding guidelines, percentage of salary		400.00%
Stuart Gulliver | Deferred Shares, Without Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	2,293,071	2,293,071
Stuart Gulliver | Deferred Shares, With Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	738,499	738,499
Iain Mackay
Disclosure of transactions between related parties [line items]
Shareholding, percentage of salary	470.00%	470.00%
Share interests	442,118	442,118
Share options (in shares)	3,469	3,469	3,469
Shareholding guidelines, percentage of salary		300.00%
Iain Mackay | Deferred Shares, Without Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	1,268,016	1,268,016
Iain Mackay | Deferred Shares, With Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	426,997	426,997
Marc Moses
Disclosure of transactions between related parties [line items]
Shareholding, percentage of salary	1284.00%	1284.00%
Share interests	1,207,068	1,207,068
Share options (in shares)	0	0
Shareholding guidelines, percentage of salary		300.00%
Marc Moses | Deferred Shares, Without Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	1,288,389	1,288,389
Marc Moses | Deferred Shares, With Performance Conditions
Disclosure of transactions between related parties [line items]
Share options (in shares)	424,927	424,927

Report of Directors Corporat280

Report of Directors Corporate Governance - Directors' interests in share options (Details)	12 Months Ended
	Dec. 31, 2017GBP (£)shares	Dec. 31, 2016shares	Dec. 29, 2017£ / shares
Disclosure of transactions between related parties [line items]
Share options outstanding at beginning of period (in shares)	70,027,000	74,775,000
Share options exercised (in shares)	9,503,000	4,354,000
Share options outstanding at end of period (in shares)	64,670,000	70,027,000
Share price on date of grant (in gbp per share) | £ / shares			£ 7.6650
Douglas Flint
Disclosure of transactions between related parties [line items]
Exercise price (in gbp per share) | £	£ 5.1887
Share options outstanding at beginning of period (in shares)	2,919
Share options exercised (in shares)	0
Share options outstanding at end of period (in shares)	2,919	2,919
Iain Mackay
Disclosure of transactions between related parties [line items]
Exercise price (in gbp per share) | £	£ 5.1887
Share options outstanding at beginning of period (in shares)	3,469
Share options exercised (in shares)	0
Share options outstanding at end of period (in shares)	3,469	3,469
Savings-related Share Option Plans
Disclosure of transactions between related parties [line items]
Exercise price discount	20.00%	20.00%
Employee monthly contribution amount | £	£ 500
Bottom of range | Savings-related Share Option Plans
Disclosure of transactions between related parties [line items]
Award vesting period	3 years
Top of range | Savings-related Share Option Plans
Disclosure of transactions between related parties [line items]
Award vesting period	5 years

Report of Directors Corporat281

Report of Directors Corporate Governance - Non Executive Directors' Fees and Benefits (Details) £ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2017GBP (£)	Dec. 31, 2016USD ($)	Dec. 31, 2016GBP (£)
Disclosure of transactions between related parties [line items]
Fees	$ 5,720	£ 4,444	$ 4,926	£ 3,651
Benefits	674	524	294	218
Total	$ 6,395	4,968	$ 5,220	3,869
Travel allowance		£ 4
Tax rate	45.00%	45.00%
Phillip Ameen
Disclosure of transactions between related parties [line items]
Fees		£ 474		440
Benefits		12		38
Total		486		478
Fees paid for additional positions held		330		315
Kathleen Casey
Disclosure of transactions between related parties [line items]
Fees		174		155
Benefits		16		21
Total		190		176
Henri de Castries
Disclosure of transactions between related parties [line items]
Fees		132		79
Benefits		5		4
Total		137		83
Laura Cha
Disclosure of transactions between related parties [line items]
Fees		269		247
Benefits		22		20
Total		291		267
Fees paid for additional positions held		75		72
Lord Evans of Weardale
Disclosure of transactions between related parties [line items]
Fees		215		190
Benefits		8		5
Total		223		195
Joachim Faber
Disclosure of transactions between related parties [line items]
Fees		162		152
Benefits		9		10
Total		171		162
Fees paid for additional positions held		8
Sam Laidlaw (Retired on 28 April 2017)
Disclosure of transactions between related parties [line items]
Fees		70		185
Benefits		1		11
Total		71		196
Irene Lee
Disclosure of transactions between related parties [line items]
Fees		300		268
Benefits		8		9
Total		308		277
Fees paid for additional positions held		187		173
John Lipsky
Disclosure of transactions between related parties [line items]
Fees		199		180
Benefits		25		21
Total		224		201
Rachel Lomax (Retired on 28 April 2017)
Disclosure of transactions between related parties [line items]
Fees		93		254
Benefits		1		6
Total		94		260
Heidi Miller
Disclosure of transactions between related parties [line items]
Fees		571		536
Benefits		18		30
Total		589		566
Fees paid for additional positions held		427		411
David Nish
Disclosure of transactions between related parties [line items]
Fees		158		83
Benefits		18		19
Total		176		102
Jonathan Symonds
Disclosure of transactions between related parties [line items]
Fees		639		520
Benefits		2		6
Total		641		526
Fees paid for additional positions held		382		345
Jackson Tai
Disclosure of transactions between related parties [line items]
Fees		194		48
Benefits		43		4
Total		237		52
Mark Tucker (Appointed on 1 September 2017)
Disclosure of transactions between related parties [line items]
Fees		500		0
Benefits		318		0
Total		818		0
One time relocation benefit		300
Pauline van der Meer Mohr
Disclosure of transactions between related parties [line items]
Fees		239		172
Benefits		16		9
Total		255		181
Paul Walsh (Resigned on 21 April 2017)
Disclosure of transactions between related parties [line items]
Fees		55		142
Benefits		2		5
Total		£ 57		£ 147

Report of Directors Corporat282

Report of Directors Corporate Governance - Non-Executive Directors Interests In Shares (Details)	Dec. 31, 2017shares
Phillip Ameen
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	5,000
Kathleen Casey
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	9,125
Laura Cha
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	18,200
Henri de Castries
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	17,116
Lord Evans of Weardale
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	12,892
Joachim Faber
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	66,605
Sam Laidlaw (Retired on 28 April 2017)
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	41,887
Irene Lee
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	10,588
John Lipsky
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	16,165
Rachel Lomax (Retired on 28 April 2017)
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	18,900
Heidi Miller
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	4,200
David Nish
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	50,000
Jonathan Symonds
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	42,821
Jackson Tai
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	44,825
Mark Tucker (Appointed on 1 September 2017)
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	276,000
Pauline van der Meer Mohr
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	15,000
Paul Walsh (Resigned on 21 April 2017)
Disclosure of transactions between related parties [line items]
Shareholding guidelines (number of shares)	15,000
Share interests (number of shares)	5,211

Uncategorized Items - hsbc-2017

Label	Element	Value
Loans And Advances To Banks Of One Month Or Less	hsbc_LoansAndAdvancesToBanksOfOneMonthOrLess	$ 70,985,000,000	[1]
Loans And Advances To Banks Of One Month Or Less	hsbc_LoansAndAdvancesToBanksOfOneMonthOrLess	77,318,000,000	[1]
Loans And Advances To Banks Of One Month Or Less	hsbc_LoansAndAdvancesToBanksOfOneMonthOrLess	82,771,000,000	[1]
Short-term Investments And Deposits, Classified As Cash Equivalents	hsbc_ShorttermInvestmentsAndDepositsClassifiedAsCashEquivalents	19,843,000,000	[1]
Short-term Investments And Deposits, Classified As Cash Equivalents	hsbc_ShorttermInvestmentsAndDepositsClassifiedAsCashEquivalents	14,646,000,000	[1]
Short-term Investments And Deposits, Classified As Cash Equivalents	hsbc_ShorttermInvestmentsAndDepositsClassifiedAsCashEquivalents	15,389,000,000	[1]
Other banking arrangements, classified as cash equivalents	ifrs-full_BankingArrangementsClassifiedAsCashEquivalents	53,971,000,000	[1]
Other banking arrangements, classified as cash equivalents	ifrs-full_BankingArrangementsClassifiedAsCashEquivalents	55,551,000,000	[1]
Other banking arrangements, classified as cash equivalents	ifrs-full_BankingArrangementsClassifiedAsCashEquivalents	58,850,000,000	[1]
HSBC Holdings [Member]
Loans And Advances To Banks Of One Month Or Less	hsbc_LoansAndAdvancesToBanksOfOneMonthOrLess	6,206,000,000
Loans And Advances To Banks Of One Month Or Less	hsbc_LoansAndAdvancesToBanksOfOneMonthOrLess	3,450,000,000
Loans And Advances To Banks Of One Month Or Less	hsbc_LoansAndAdvancesToBanksOfOneMonthOrLess	$ 2,964,000,000
[1]	At 31 December 2017 $39,830m (2016: $35,501m) was not available for use by HSBC, of which $21,424m (2016: $21,108m) related to mandatory deposits at central banks.