v3.25.4
Net fee income - Summary of net fee income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure Of Analysis Of Income And Expense [Line Items]      
Funds under management $ 2,810 $ 2,439 $ 2,373
Cards 2,928 2,843 2,776
Credit facilities 1,453 1,428 1,574
Broking income 1,532 1,290 1,077
Account services 1,469 1,499 1,537
Unit trusts 1,362 1,071 738
Underwriting 752 691 586
Global custody 964 831 864
Remittances 881 825 823
Imports/exports 575 645 624
Insurance agency commission 415 347 298
Other 2,467 2,357 2,346
Fee income 17,608 16,266 15,616
Less: fee expense (4,265) (3,965) (3,771)
Net fee income 13,343 12,301 11,845
Hong Kong      
Disclosure Of Analysis Of Income And Expense [Line Items]      
Funds under management 122 108 98
Cards 933 907 888
Credit facilities 54 62 83
Broking income 587 322 271
Account services 181 177 173
Unit trusts 424 382 281
Underwriting 0 0 0
Global custody 104 90 86
Remittances 214 196 183
Imports/exports 158 158 155
Insurance agency commission 64 66 76
Other 858 699 555
Fee income 3,699 3,167 2,849
Less: fee expense (923) (862) (818)
Net fee income 2,776 2,305 2,031
UK      
Disclosure Of Analysis Of Income And Expense [Line Items]      
Funds under management 68 68 64
Cards 812 754 724
Credit facilities 239 207 182
Broking income 34 33 34
Account services 338 354 337
Unit trusts 0 0 0
Underwriting 0 0 0
Global custody 0 0 0
Remittances 40 43 40
Imports/exports 43 38 35
Insurance agency commission 18 20 13
Other 699 728 696
Fee income 2,291 2,245 2,125
Less: fee expense (487) (424) (353)
Net fee income 1,804 1,821 1,772
CIB      
Disclosure Of Analysis Of Income And Expense [Line Items]      
Funds under management 612 511 551
Cards 174 156 152
Credit facilities 1,098 1,093 1,240
Broking income 674 723 609
Account services 732 721 728
Unit trusts 2 1 1
Underwriting 752 691 586
Global custody 823 707 732
Remittances 586 544 544
Imports/exports 374 449 434
Insurance agency commission 2 2 2
Other 3,469 3,199 2,893
Fee income 9,298 8,797 8,472
Less: fee expense (4,809) (4,452) (3,988)
Net fee income 4,489 4,345 4,484
IWPB      
Disclosure Of Analysis Of Income And Expense [Line Items]      
Funds under management 2,008 1,752 1,660
Cards 1,009 1,026 1,012
Credit facilities 62 66 69
Broking income 237 212 163
Account services 218 247 299
Unit trusts 936 688 456
Underwriting 0 0 0
Global custody 37 34 46
Remittances 41 42 55
Imports/exports 0 0 0
Insurance agency commission 331 259 207
Other 1,093 899 908
Fee income 5,972 5,225 4,875
Less: fee expense (1,709) (1,368) (1,325)
Net fee income 4,263 3,857 3,550
Corporate Centre      
Disclosure Of Analysis Of Income And Expense [Line Items]      
Funds under management 0 0 0
Cards 0 0 0
Credit facilities 0 0 0
Broking income 0 0 0
Account services 0 0 0
Unit trusts 0 0 0
Underwriting 0 0 0
Global custody 0 0 0
Remittances 0 0 1
Imports/exports 0 0 0
Insurance agency commission 0 0 0
Other (3,652) (3,168) (2,706)
Fee income (3,652) (3,168) (2,705)
Less: fee expense 3,663 3,141 2,713
Net fee income $ 11 $ (27) $ 8