HSBC Holdings plc: Announcement of Group Reporting Changes
HSBC Holdings plc has announced changes to its group reporting structure, effective January 1, 2026. These changes involve the transition of certain clients, primarily from the Hong Kong and UK business segments to Corporate and Institutional Banking. This re-presentation of financial information for illustrative purposes will impact previously reported data for 2024 and 2025. The company has published a data pack detailing these changes, available on their investor relations website. It is important to note that this transition does not alter the reportable segments or the consolidated financial results and position of the Group. HSBC also utilizes non-GAAP financial measures, such as constant currency performance, to provide additional insights into its financial results, which are further detailed in their 2025 Form 20-F filing. The announcement includes a cautionary statement regarding forward-looking statements, emphasizing that actual results may differ due to various risks and uncertainties.