HSBC Unveils New Premises in Chinatown, New York City

METTAWA, Ill.--(Business Wire)--
HSBC Bank USA, N.A., (HSBC) part of one of the world`s largest financial
services organizations, has officially opened the doors to its newest retail
branch, situated in the heart of Manhattan`s Chinatown, New York City. With the
addition of this facility, HSBC now has a total of four retail branches in the
Chinatown district. In the New York City area, its network extends to over 170
branches, employing more than 2000 people and serving tens of thousands of
customers.

HSBC Group`s presence in over 80 countries and territories is perfectly aligned
to New York City, with its high concentration internationally minded individuals
and businesses that benefit from both a well established on-the-ground HSBC
branch presence and its extensive global reach.

Elizabeth Lee, Senior Vice President, Regional District Executive, HSBC Bank
USA, N.A., said, "HSBC has a long history in Chinatown, dating back over thirty
years, and its strong international connections makes it the obvious place in
which to enhance our New York City branch network. As `The world`s local bank`,
we fully understand the importance of serving the Chinatown community locally
while helping them to make the most of opportunities globally."

Located at 235 Canal Street, the brand-new, 17,000 square-foot facility features
seven teller stations, a Premier banking center, five ATMs, deposit box
facilities and weekend hours, as well as the latest in customer-friendly design.
The branch was formerly located in smaller premises at 254 Canal Street.

Operating with a staff of 24 locally employed banking professionals, the new
Canal Street branch provides a full range of financial services to both
businesses and individuals including: mortgages, loans, wealth management (1)
and insurance.

Also offered is Premier,(2) HSBC`s global personal banking service, which
provides international recognition, worldwide support, a credit card, single
relationship manager and Global View, a unique online service which allows
customers to access and manage all of their international Premier accounts in
one place.

Branch manager Henry Chen is a career banker with nine years banking experience
in and around the New York City area. Henry and team are able to serve customers
in six dialects of Chinese (Mandarin, Cantonese, Fujianese, Taiwanese,
Shanghaiese, and Toisanese) as well as Spanish, French, Japanese, Korean and
English. Between them they offer more than 300 years combined banking
experience.

Note to editors

(1) Securities and Annuity Products are provided by Registered Representatives
and Insurance Agents of HSBC Securities (USA) Inc., member NYSE/FINRA/SIPC, a
registered Futures Commission Merchant, a wholly-owned subsidiary of HSBC
Markets (USA) Inc. and an indirectly wholly-owned subsidiary of HSBC Holdings
plc. Insurance products are offered through Insurance Agents of HSBC Insurance
Agency (USA) Inc., a wholly-owned subsidiary of HSBC Bank USA, N.A., and an
indirectly wholly-owned subsidiary of HSBC Holdings plc.

Products and services may vary by state and are not available in all states.
Securities, Annuity and Insurance Products are: Not a deposit or other
obligation of the bank or any of its affiliates; Not FDIC insured or insured by
any federal government agency of the United States; Not guaranteed by the bank
or any of its affiliates; and subject to investment risk, including possible
loss of principal invested.

(2)HSBC Premier

HSBC Premier is a premium financial management service offering a range of
banking, investment and financing solutions. To qualify for HSBC Premier, you
need to maintain $100,000 in combined personal deposit and investment balances.
Business owners may use their commercial balances to qualify for personal
Premier membership. A monthly maintenance fee of $50 will be incurred if minimum
balance requirements are not maintained.

HSBC Premier provides international recognition and support, international
services, credit card rewards and protection around the world, and financial
planning and wealth management through a single Premier Relationship Manager.
With Premier Centres in 42 countries and territories, HSBC Premier breaks down
banking barriers allowing customers to seamlessly bank anywhere in the world.

Within the United States, HSBC Premier Centres can be found in Los Angeles,
Miami, New York City, San Francisco, Washington, D.C., Westport, CT., and White
Plains, NY. Additionally, there are over 250 Premier Centres worldwide. For more
information visit: HSBCPREMIERUSA.com.

About HSBC Bank USA, N.A.

HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA, Inc. It has more
than 470 bank branches throughout the United States, with over 380 in New York
State. The Bank also operates in Florida, California, Washington, D.C.
Pennsylvania, New Jersey, Delaware, Oregon, Washington, Maryland, Illinois,
Connecticut and Virginia. HSBC Bank USA, N.A. is the principal subsidiary of
HSBC USA Inc., an indirectly-held, wholly-owned subsidiary of HSBC North America
Holdings Inc. HSBC USA Inc. is one of the nation's largest bank holding
companies by assets. Deposits in the United States are offered by HSBC Bank USA,
N.A. Member FDIC.

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HSBC Bank USA, N.A.
Media inquiries:
Neil Brazil, 224-544-7638
neil.brazil@us.hsbc.com

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