v3.25.4
Report of Directors Financial Review Risk Report - Wholesale lending: reconciliation of changes in gross carrying/nominal amount and allowances for loans and advances to banks and customers including loan commitments and financial guarantees (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan $ 2,923,319  
transfers from stage 1 to stage 2 (7,602)  
Balance at 31 Dec 3,117,161 $ 2,923,319
Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 3,019  
Balance at 31 Dec 261 3,019
Mexico    
Increase (decrease) in financial assets [abstract]    
transfers from stage 1 to stage 2 (1,042)  
UK    
Increase (decrease) in financial assets [abstract]    
transfers from stage 1 to stage 2 (11,245)  
Gross carrying amount    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 2,350,371  
Balance at 31 Dec 2,486,661 2,350,371
Gross carrying amount | Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 3,019  
Balance at 31 Dec 261 3,019
Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 1,629,501  
Net new and further lending/repayments 66,068  
Assets written off (3,569)  
Credit-related modifications that resulted in derecognition (88)  
Foreign exchange and others 48,544  
Balance at 31 Dec 1,740,456 1,629,501
Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees | Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Others (6,000)  
Accumulated impairment    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (4,618)  
Balance at 31 Dec (4,593) (4,618)
ECL income statement change for the period (4,900) (4,800)
Accumulated impairment | Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 0  
Balance at 31 Dec 0 0
Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (10,105)  
Net remeasurement of ECL arising from transfer of stage 2  
Net new and further lending/repayments 1,206  
Changes to risk parameters – credit quality (5,362)  
Changes to models used for ECL calculation 197  
Assets written off 3,569  
Credit-related modifications that resulted in derecognition 9  
Foreign exchange and others (581)  
Balance at 31 Dec (11,065) (10,105)
ECL income statement change for the period 3,957  
Recoveries 320  
Others (248)  
Increase (decrease) in ECL (3,885)  
Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees | Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Others 27  
– stage 1 | Financial instruments not credit-impaired | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 1,489,687  
Transfers of financial instruments: (28,196)  
Net new and further lending/repayments 107,733  
Foreign exchange and others 42,772  
Balance at 31 Dec 1,611,996 1,489,687
– stage 1 | Financial instruments not credit-impaired | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (1,232)  
Transfers of financial instruments: (931)  
Net remeasurement of ECL arising from transfer of stage 664  
Net new and further lending/repayments (178)  
Changes to risk parameters – credit quality 390  
Changes to models used for ECL calculation (59)  
Foreign exchange and others (16)  
Balance at 31 Dec (1,362) (1,232)
ECL income statement change for the period (817)  
Lifetime expected credit losses | Financial instruments not credit-impaired | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 115,898  
Transfers of financial instruments: 18,327  
Net new and further lending/repayments (35,843)  
Foreign exchange and others 4,507  
Balance at 31 Dec 102,889 115,898
Lifetime expected credit losses | Financial instruments not credit-impaired | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (2,674)  
Transfers of financial instruments: 2,101  
Net remeasurement of ECL arising from transfer of stage (604)  
Net new and further lending/repayments 614  
Changes to risk parameters – credit quality (1,991)  
Changes to models used for ECL calculation 272  
Foreign exchange and others (152)  
Balance at 31 Dec (2,434) (2,674)
ECL income statement change for the period 1,709  
Lifetime expected credit losses | Financial instruments credit-impaired | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 23,823  
Transfers of financial instruments: 9,869  
Net new and further lending/repayments (6,060)  
Assets written off (3,569)  
Credit-related modifications that resulted in derecognition (88)  
Foreign exchange and others 1,259  
Balance at 31 Dec 25,234 23,823
Lifetime expected credit losses | Financial instruments credit-impaired | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (6,148)  
Transfers of financial instruments: (1,170)  
Net remeasurement of ECL arising from transfer of stage (58)  
Net new and further lending/repayments 768  
Changes to risk parameters – credit quality (3,737)  
Changes to models used for ECL calculation (16)  
Assets written off 3,569  
Credit-related modifications that resulted in derecognition 9  
Foreign exchange and others (410)  
Balance at 31 Dec (7,193) (6,148)
ECL income statement change for the period 3,043  
Lifetime expected credit losses | – POCI | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 93  
Net new and further lending/repayments 238  
Foreign exchange and others 6  
Balance at 31 Dec 337 93
Lifetime expected credit losses | – POCI | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (51)  
Net new and further lending/repayments 2  
Changes to risk parameters – credit quality (24)  
Foreign exchange and others (3)  
Balance at 31 Dec (76) (51)
ECL income statement change for the period 22  
Wholesale | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 927,594 965,135
Net new and further lending/repayments 33,778 23,759
Assets written off (1,928) (2,925)
Credit-related modifications that resulted in derecognition (88) 0
Foreign exchange and others 32,595 (58,375)
Balance at 31 Dec 991,951 927,594
Wholesale | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees | Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Others 3,300 2,900
Wholesale | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees | Assets held for sale | Banking business in Canada    
Increase (decrease) in financial assets [abstract]    
Others   (28,900)
Wholesale | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (7,559) (8,603)
Net remeasurement of ECL arising from transfer of stage (22) (24)
Net new and further lending/repayments 825 1,372
Changes to risk parameters – credit quality (3,265) (3,306)
Changes to models used for ECL calculation 247 144
Assets written off 1,928 2,925
Credit-related modifications that resulted in derecognition 9 0
Foreign exchange and others (403) (67)
Balance at 31 Dec (8,240) (7,559)
ECL income statement change for the period 2,215 1,814
Recoveries 77 40
Others (267) (126)
Increase (decrease) in ECL (2,405) (1,900)
Wholesale | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees | Argentina business    
Increase (decrease) in financial assets [abstract]    
Foreign exchange and others   300
Wholesale | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees | Assets held for sale    
Increase (decrease) in financial assets [abstract]    
Others (11) 23
Wholesale | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees | Assets held for sale | Banking business in Canada    
Increase (decrease) in financial assets [abstract]    
Others   20
Wholesale | – stage 1 | Financial instruments not credit-impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
transfers from stage 1 to stage 2 (34,688)  
Wholesale | – stage 1 | Financial instruments not credit-impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees | Asia    
Increase (decrease) in financial assets [abstract]    
transfers from stage 1 to stage 2 (31,809)  
Wholesale | – stage 1 | Financial instruments not credit-impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees | US    
Increase (decrease) in financial assets [abstract]    
transfers from stage 1 to stage 2 (1,652)  
Wholesale | – stage 1 | Financial instruments not credit-impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees | Mexico    
Increase (decrease) in financial assets [abstract]    
transfers from stage 1 to stage 2 (1,069)  
Wholesale | – stage 1 | Financial instruments not credit-impaired | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 833,036 845,982
Transfers of financial instruments: (35,399) (17,606)
transfers from stage 1 to stage 2 (93,205) (70,991)
transfers from stage 2 to stage 1 58,517 55,182
– transfers to stage 3 (1,210) (2,056)
Transfers out 499 259
Net new and further lending/repayments 66,354 58,044
Foreign exchange and others 29,369 (53,384)
Balance at 31 Dec 893,360 833,036
Wholesale | – stage 1 | Financial instruments not credit-impaired | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (645) (698)
Transfers of financial instruments: (267) (214)
transfers from stage 1 to stage 2 143 173
transfers from stage 2 to stage 1 (372) (380)
– transfers to stage 3 4 7
Transfers out (42) (14)
Net remeasurement of ECL arising from transfer of stage 253 214
Net new and further lending/repayments (171) (151)
Changes to risk parameters – credit quality 181 112
Changes to models used for ECL calculation (30) 39
Foreign exchange and others 7 53
Balance at 31 Dec (672) (645)
ECL income statement change for the period (233) (214)
Wholesale | Lifetime expected credit losses | Financial instruments not credit-impaired | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 74,288 102,129
Transfers of financial instruments: 27,793 6,997
transfers from stage 1 to stage 2 (93,205) (70,991)
transfers from stage 2 to stage 1 58,517 55,182
– transfers to stage 3 (7,605) (9,515)
Transfers out 710 703
Net new and further lending/repayments (27,221) (29,842)
Foreign exchange and others 2,197 (4,996)
Balance at 31 Dec 77,057 74,288
Wholesale | Lifetime expected credit losses | Financial instruments not credit-impaired | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (1,516) (1,668)
Transfers of financial instruments: 859 825
transfers from stage 1 to stage 2 143 173
transfers from stage 2 to stage 1 (372) (380)
– transfers to stage 3 678 636
Transfers out (48) (18)
Net remeasurement of ECL arising from transfer of stage (226) (226)
Net new and further lending/repayments 304  
Changes to risk parameters – credit quality (826) (899)
Changes to models used for ECL calculation 277 105
Foreign exchange and others (66) 36
Balance at 31 Dec (1,194) (1,516)
ECL income statement change for the period 471 709
Wholesale | Lifetime expected credit losses | Financial instruments credit-impaired | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 20,177 16,939
Transfers of financial instruments: 7,606 10,609
– transfers to stage 3 (8,815) (11,571)
Transfers out 1,209 962
Net new and further lending/repayments (5,593) (4,450)
Assets written off (1,928) (2,925)
Credit-related modifications that resulted in derecognition (88) 0
Foreign exchange and others 1,023 4
Balance at 31 Dec 21,197 20,177
Wholesale | Lifetime expected credit losses | Financial instruments credit-impaired | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (5,347) (6,207)
Transfers of financial instruments: (592) (611)
– transfers to stage 3 682 643
Transfers out (90) (32)
Net remeasurement of ECL arising from transfer of stage (49) (12)
Net new and further lending/repayments 690 1,219
Changes to risk parameters – credit quality (2,596) (2,508)
Assets written off 1,928 2,925
Credit-related modifications that resulted in derecognition 9 0
Foreign exchange and others (341) (153)
Balance at 31 Dec (6,298) (5,347)
ECL income statement change for the period 1,955 1,301
Wholesale | Lifetime expected credit losses | – POCI | Gross carrying amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan 93 85
Net new and further lending/repayments 238 7
Assets written off 0 0
Foreign exchange and others 6 1
Balance at 31 Dec 337 93
Wholesale | Lifetime expected credit losses | – POCI | Accumulated impairment | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Balance at 1 Jan (51) (30)
Net new and further lending/repayments 2 (7)
Changes to risk parameters – credit quality (24) (11)
Assets written off 0 0
Foreign exchange and others (3) (3)
Balance at 31 Dec (76) (51)
ECL income statement change for the period $ 22 $ 18