Full Year 2021 HSBC Holdings PLC Fixed Income Earnings Call Transcript

Feb 22, 2022 / 02:00PM GMT
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's HSBC's 2021 Annual Results Fixed Income Call. (Operator Instructions) I must advise you that this conference is recorded today.

I would now like to hand the conference over to your speaker today, Carlo Pellerani, Group Treasurer.

Carlo Pellerani -

Thank you very much, Martin, and good afternoon, everyone. This is Carlo. I'm joined today by 2 individuals that need no introduction, Richard O'Connor, Global Head of Investor Relations; and Greg Case, Head of Fixed Income Investor Relations. I'm not going to go through the slides that we posted nor going to give a very long speech. I'll limit myself to making a few highlights about the results, and then I'll go through into a bit more detail on the financial resources and then pretty quickly go into Q&A. .

In terms of the highlights for the results, 8.3% return on tangible, quite helped by the release of ECL provisions, but we have very good earnings diversification with all the regions being profitable. Revenues

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