Standard Chartered launches new global brand campaign, ‘Move Ahead’

Singapore, 28 September 2026

This approach enabled the creative team to produce visual experiences and perspectives that would otherwise have been difficult to film during the racing season.

Standard Chartered today announced the launch of ‘Move Ahead’, a new global brand campaign inspired by its Formula 1® partnership and the shared belief that success is built long before the defining moment arrives. Building on the Bank’s global brand platform ‘Now Is Your Time’, the campaign reflects how Standard Chartered helps clients turn ambition into progress and capture growth opportunities across the world’s most dynamic markets. 

Inspired by the precision and preparation behind Formula 1®, ‘Move Ahead’ showcases how sustained performance turns opportunity into results. In a sport where success is rarely determined by a single overtake or lap, victory is earned through thousands of decisions, rigorous preparation and the ability to perform when it matters most.  

This reflects how Standard Chartered partners with its clients to support their ambitions, whether they are expanding internationally, growing and protecting their wealth, investing for the future or managing risk in an increasingly complex world. By combining its international network, local market knowledge and deep expertise, the Bank connects clients to opportunities and helps them move ahead with confidence. 

The campaign was developed through a blend of human creativity, strategic direction and AI-enabled production, bringing a distinctive Formula 1®-inspired world to life. This approach enabled the creative team to produce visual experiences and perspectives that would otherwise have been difficult to film during the racing season. 

Sarah Hagan, Global Co-Head, Corporate Affairs, Brand and Marketing, said: “Move Ahead is a powerful expression of what our brand stands for. Success is rarely defined by a single moment; it comes from preparation, insight and the confidence to act when opportunity emerges. That same belief shapes how we help our clients achieve their ambitions across the world’s most dynamic markets. Our partnership with Formula 1® gives us a distinctive platform to bring that story to life. By combining creativity, craft and new production techniques, we’ve created a campaign that feels globally relevant and unmistakably Standard Chartered.” 

Eva Ang, Global Co-Head, Corporate Affairs, Brand and Marketing, added: “Move Ahead brings together the strength of our international network with the reach and impact of our Formula 1® partnership. It draws on the precision, teamwork and relentless pursuit of performance that define the sport and connects them to how we help our clients succeed. This gives us a compelling global platform to demonstrate the value of our network and expertise, deepen our relevance with clients and tell a distinctive Standard Chartered story.” 

The campaign will roll out globally across digital, social and owned channels from September 2026.

https://youtu.be/_msE7gAxiVs?si=8Ctc6INjuf4r7_KG

Watch ‘Move Ahead’ now.

For further information, please contact:

Sophie Tamblyn

Sophie.Tamblyn@sc.com

London

Source Link: https://www.sc.com/en/press-release/move-ahead-brand-campaign-inspired-f1-partnership/

HSBC agrees to sell Egypt retail banking business to Emirates NBD

London, 02 August 2026

02 Aug 2026

Egypt remains important market for HSBC Corporate and Institutional Banking with strong growth potential

• Sale expected to generate an estimated pre-tax gain of approximately US$0.3 billion

• Egypt remains important market for HSBC Corporate and Institutional Banking with strong growth potential

  
  

HSBC Holdings plc (‘HSBC’ or ‘HSBC Group’) today announces that its indirect subsidiary, HSBC Bank Egypt S.A.E. (‘HSBC Egypt’), has entered into an agreement to sell its retail banking business to Emirates NBD Egypt (S.A.E) (‘Emirates NBD’), a direct subsidiary of Emirates NBD Bank PJSC, a leading banking group in the region. The sale is expected to complete in the second half of 2027, subject to regulatory approvals.

The transaction covers the assets and liabilities of HSBC Egypt’s entire retail banking business, including retail loans, deposits and accounts, as well as the employees supporting the transferring business. There are no immediate changes for HSBC Egypt’s retail customers and their HSBC products and services will continue to operate as normal. Both parties will work together to enable a smooth transition for colleagues and customers.

HSBC Group financial impact

The sale is expected to generate an estimated pre-tax gain for the HSBC Group¹ of approximately US$0.3 billion², to be recognised largely at completion and classified as a material notable item³. The sale is expected to have an immaterial impact on the HSBC Group Common Equity Tier 1 capital ratio.⁴

HSBC’s strategic focus in Egypt

Egypt remains an important market for HSBC with strong growth potential, and the bank will continue to support its corporate and institutional banking clients in the country. HSBC is committed to driving two-way trade and investment flows to support multinational clients operating in Egypt and enabling domestic wholesale clients to achieve their international ambitions.

The sale follows a strategic review of HSBC Egypt’s retail banking business, announced last year, and forms part of ongoing simplification of the HSBC Group as it focuses on increasing leadership and market share in the areas where it has a clear competitive advantage and the greatest opportunities to grow and support its clients.

Media enquiries to:

Neil Fleming (HSBC Group) neil1.fleming@hsbc.com +44 7384 792051

May Mohsen (HSBC Egypt) maymohsen@hsbc.com +20 102 399 8366

Source Link: https://www.hsbc.com/news-and-views/news/media-releases/2026/hsbc-agrees-to-sell-egypt-retail-banking-business-to-emirates-nbd

HSBC Holdings plc Interim Results 2026

LONDON, UK. 04 August 2026

Financial performance in 1H26

• Profit before tax increased by $3.7bn or 23% to $19.5bn compared with 1H25. The increase primarily reflected a year-on-year net favourable impact of $2.2bn from notable items. The increase also reflected growth in banking net interest income (‘banking NII’) and higher fee and other income, primarily in Wealth and Wholesale Transaction Banking (‘WTB’). This was partly offset by higher expected credit losses and other credit impairment charges (‘ECL’), and a planned increase in operating expenses. Profit after tax of $15.3bn was $2.9bn or 23% higher compared with 1H25.

  
  

• In 1H26, notable items included disposal losses of $0.3bn recognised on classification to held for sale associated with the planned sale of our business in Malta, restructuring costs associated with our organisational simplification of $0.3bn, and losses of $0.2bn from the recycling of foreign currency translation reserves following the completion of the sale of our UK life insurance business. In 1H25, notable items included dilution and impairment losses of $2.1bn related to our associate Bank of Communications Co., Limited (‘BoCom’), and restructuring costs associated with our organisational simplification of $0.6bn.

  
  

• Constant currency profit before tax excluding notable items increased by $1.1bn to $20.4bn compared with 1H25.

  
  

• Revenue increased by $3.6bn or 11% to $37.7bn compared with 1H25, including a year-on-year net favourable impact of notable items of $0.8bn and the favourable impact of foreign currency translation differences of $0.7bn. The remaining increase reflected higher banking NII, and strong growth in Wealth fee and other income in our International Wealth and Premier Banking (‘IWPB‘) and Hong Kong business segments, supported by higher customer activity. The increase also included a one-off property asset disposal gain of $0.2bn. Constant currency revenue excluding notable items rose by $2.0bn to $38.2bn compared with 1H25.

  
  

• Net interest income (‘NII’) increased by $1.4bn compared with 1H25, primarily driven by deposit balance growth and the benefit of reinvestment of our structural hedge at higher yields. There was also a favourable impact from foreign currency translation differences of $0.4bn, partly offset by the impact of an adverse $0.1bn one-off item. The impact of lower market interest rates on the funding deployed to the trading book was broadly offset by higher trading balances. Banking NII, which excludes the funding costs associated with the trading book and insurance NII, increased by $1.6bn to $22.9bn.

  
  

• Net interest margin (‘NIM’) of 1.61% was 4 basis points (‘bps‘) higher compared with 1H25, mainly due to the impact from foreign currency translation differences and the benefit of our structural hedge, partly offset by lower market interest rates.

  
  

• ECL of $2.4bn were $0.4bn higher than in 1H25. The 1H26 charge primarily reflected stage 3 charges on wholesale exposures, including a $0.4bn fraud-related, secondary, securitisation exposure with a financial sponsor in the UK in our Corporate and Institutional Banking (‘CIB‘) business, and $0.2bn related to the Hong Kong commercial real estate (‘CRE’) sector. 1H26 also included allowances to reflect uncertainty due to the ongoing conflict in the Middle East. ECL in 1H25 included charges related to the Hong Kong CRE sector of $0.5bn, as well as allowance increases relating to geopolitical tensions and higher trade tariffs.

  
  

• Operating expenses of $17.4bn were $0.4bn or 2% higher than in 1H25, including an adverse impact from foreign currency translation differences of $0.4bn. The increase was driven by higher planned spend and investment in technology, and the impact of inflation. These increases were partly mitigated by cost reductions from our organisational simplification and a year-on-year favourable impact from notable items.

  
  

• Target basis operating expenses were $0.4bn or 2% higher than in 1H25, including the impact of inflation and higher planned spend and investment in technology, partly offset by cost reductions from our organisational simplification.

  
  

• Customer lending balances increased by $34bn compared with 31 December 2025, including adverse foreign currency translation differences of $6bn. On a constant currency basis, lending balances increased by $40bn, reflecting growth across all our business segments, particularly in our main entity in Hong Kong. This was partly offset by the classification to held for sale of loans from the planned sale of our business in Malta.

  
  

• Customer accounts increased by $41bn compared with 31 December 2025, including adverse foreign currency translation differences of $15bn. On a constant currency basis, customer accounts increased by $56bn, primarily reflecting growth in our CIB business, partly offset by the classification to held for sale of deposits from the planned sale of our business in Malta and our retail banking business in Indonesia.

  
  

• Common equity tier 1 (‘CET1’) capital ratio of 14.1% decreased by 0.8 percentage points compared with 31 December 2025, reflecting the impact of the privatisation of Hang Seng Bank Limited (‘Hang Seng Bank’), dividends and an increase in risk-weighted assets (‘RWAs‘), partly offset by regulatory profit.

  
  

• The Board has approved a second interim dividend of $0.10 per share. We also intend to initiate a share buy-back of up to $1bn, which we expect to complete by our third quarter 2026 results announcement.

  
  

Financial performance in 2Q26

• Profit before tax increased by $3.8bn or 60% to $10.1bn compared with 2Q25, primarily reflecting a net favourable impact from notable items of $2.6bn. The increase also reflected growth in banking NII, and higher fee and other income primarily in Wealth and WTB. Profit after tax increased by $3.1bn or 63% to $7.9bn compared with 2Q25.

  
  

• In 2Q26, notable items included restructuring costs associated with our organisational simplification of $0.2bn. In 2Q25, notable items included dilution and impairment losses of $2.1bn related to our associate BoCom, and restructuring costs associated with our organisational simplification of $0.5bn.

  
  

• Revenue increased by $2.6bn to $19.1bn compared with 2Q25, including a year-on-year net favourable impact of $1.3bn from notable items. The increase also reflected a rise in banking NII, and strong growth in Wealth fee and other income in our IWPB and Hong Kong business segments, supported by higher customer activity. Revenue grew in Debt and Equity Markets and WTB in our CIB business. Constant currency revenue excluding notable items rose by $1.3bn to $19.0bn.

  
  

• ECL of $1.1bn were stable compared with 2Q25. The charge in 2Q26 primarily comprised stage 3 charges, including $0.2bn related to the Hong Kong CRE sector. The ECL charge in 2Q25 included charges of $0.4bn related to the Hong Kong CRE sector.

  
  

• Operating expenses of $8.7bn were $0.2bn or 2% lower compared with 2Q25, reflecting lower restructuring costs together with the resultant cost reduction benefits from our organisational simplification, and the phasing of performance-related pay accrual relative to 2Q25. These reductions were partly offset by higher planned spend and investment in technology, the impact of inflation and an adverse impact from foreign currency translation differences of $0.1bn.

  
  

• Customer lending increased by $20bn compared with 1Q26 on a reported basis, reflecting growth across all segments.

  
  

• Customer accounts increased by $46bn compared with 1Q26 on a reported basis, primarily reflecting growth in our CIB business, notably in Hong Kong, partly offset by the classification of deposits from the planned sale of our retail banking business in Indonesia to held for sale.

  
  

Outlook

Group financial targets

• We remain confident in achieving the targets we set out in February 2026, including a return on average tangible equity (‘RoTE’) of 17% or better for 2026, 2027 and 2028, excluding notable items.

  
  

• We continue to target year-on-year growth in revenue from 2026 to 2028, rising to 5% growth in 2028 compared with 2027, excluding notable items and on a constant currency basis.

  
  

• We maintain our dividend payout ratio target basis of 50% in 2026, 2027 and 2028. Our target basis payout ratio is calculated as a percentage of earnings per share (‘EPS’) excluding material notable items and related impacts.

In respect of 2026

• We now expect banking NII of at least $46bn in 2026, reflecting a continued favourable interest rate outlook, while recognising the outlook remains volatile and uncertain. We had previously provided banking NII guidance of around $46bn for 2026.

  
  

• We continue to expect an ECL charge as a percentage of average gross customer loans to be around 45bps (including held for sale loan balances) for 2026, reflecting ongoing uncertainty in the outlook. Over the medium term, we retain our planning range of 30-40bps.

  
  

• The Group remains on track to deliver year-on-year growth in operating expenses of approximately 1% in 2026 on a target basis. Should strong business performance continue, we may consider additional performance-related pay which would increase 2026 target basis cost growth modestly. Our target basis operating expenses measure excludes notable items and includes the impact of simplification-related saves associated with our announced strategic reorganisation.

  
  

• We intend to continue to manage the CET1 capital ratio within our medium-term target range of 14% to 14.5%.

  
  

Our targets and expectations reflect our current outlook for the global macroeconomic environment and market-dependent factors, such as market-implied interest rates (as of mid-July 2026) and rates of foreign exchange, as well as customer behaviour and activity levels.

We do not reconcile our forward guidance on RoTE excluding notable items, target basis operating expenses, dividend payout ratio target basis or banking NII to their equivalent reported measures.

For further details, please refer to the following pages of our Interim Report 2026: pages 41 to 44 for a further explanation of RoTE excluding notable items, banking NII, target basis operating expenses and dividend payout ratio target basis. For further information on our CET1 ratio, see page 70.

For further information contact:

Investor Relations

UK – Alastair RyanTelephone: +44 (0)7468 703 010Email: investorrelations@hsbc.com

Hong Kong – Yafei TianTelephone: +852 2899 8909Email: investorrelations@hsbc.com.hk

Media Relations

UK – HSBC Group Press OfficeTelephone: +44 (0)20 7991 8096Email: pressoffice@hsbc.com

Hong Kong – Aman UllahTelephone: +852 3941 1120Email: aspmediarelations@hsbc.com.hk

Read the full media release: HSBC Holdings plc Interim Results 2026 (PDF 219KB)

Source Link: https://www.hsbc.com/news-and-views/news/media-releases/2026/hsbc-holdings-plc-interim-results-2026