Summary by Moomoo AI
As of June 30, 2024, the risk-weighted assets of HSBC Holdings were $835.1 billion and the Common Equity Tier 1 (CET1) was $125.3 billion. Under the transitional arrangement, the CET1 capital ratio was 15.0% and the total capital ratio was 20.6%. Under the end point basis calculation, the CET1 capital ratio was 15.0% and the total capital ratio was 20.1%. As for the Liquidity Coverage Ratio (LCR), the total value of High-Quality Liquid Assets (HQLA) was $646.1 billion, and the net cash outflow was $472.3 billion, resulting in an LCR of 137%. Important developments in the first half of 2024 include the approval of a dividend of $0.1 per share in June, and the completion of a $3 billion share buyback program initiated in the first quarter. HSBC Bank's Canadian business was sold to the...Show More