Company Profile For HSBC Holdings PLC

HSBC Holdings plc (HSBC Holdings) is a banking and financial services organization. Its international network comprises over 10,000 properties in 80 countries and territories in Europe; Hong Kong; rest of Asia-Pacific, including the Middle East and Africa, and North America and Latin America. HSBC Holdings together with its subsidiaries (HSBC) provides financial services through four customer groups and global businesses: Personal Financial Services (including consumer finance), Commercial Banking, Global Banking and Markets, and Private Banking. In September 2008, Lehman Brothers sold its entire 2.09% stake in Amtek Auto Ltd. to HSBC Holdings. In September 2008, E*TRADE FINANCIAL Corp. announced that its indirectly wholly owned subsidiary, E*TRADE Mauritius Limited, has completed the sale of 100% of its equity shares in IL&FS Investsmart Limited, to HSBC Holdings. In February 2009, it sold its stake in Modern Asia Environmental Holdings Inc. to Japan's Dowa Eco-system Co.

BRIEF: For the six months ended 30 June 2009, HSBC Holdings plc's interest income decreased 31% to $32.48B. Net interest income after LLP decreased 41% to $6.61B. Net income appl. to Common decreased 58% to $3.35B. Net interest income reflects lower interest income and higher loan impairment charges & credit risk provisions. Net income also reflects an increase in amortization of intangible assets and lower share of profit in associates.

HSBC Holdings PLC
8 Canada Square
London     E14 5HQ
P: +4420.79918888
F: +4420.79924880

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