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HSBC Expands Regional Presence with New Branch in Vienna, Virginia

14 May 2010

New facility extends HSBC's Mid-Atlantic network to 13 branches

New York, NY - HSBC Bank USA, N.A, part of one of the world's largest financial services organizations, has officially opened the doors to its latest full-service branch, situated in the heart of Vienna, Virginia. The addition of this facility extends HSBC's Mid-Atlantic network to 13 branches, employing scores of local people and serving tens of thousands of customers.

HSBC Group's presence in over 80 countries and territories is perfectly aligned to Vienna, with its high concentration of internationally connected individuals who benefit from both an on-the-ground HSBC branch presence and its extensive global reach.

Vienna branch staff cutting ribbon

Aimee Daniels, Mid-Atlantic Regional President, HSBC Bank USA, N.A., said, "Vienna, with its strong international connections, was the obvious place in which to enhance our Mid-Atlantic branch network. As 'The world's local bank', we fully understand the importance of serving the Vienna community locally while helping them to make the most of opportunities globally."

Located at 214 Maple Avenue West, the brand-new, 2,500 square-feet facility features teller stations, Premier and business banking offices and a 24 hour ATM, as well off-street parking and the latest in customer-friendly design.

Operating initially with a staff of eight locally employed banking professionals, the Vienna branch provides a full range of financial services to both businesses and individuals including Premier,1 HSBC's global personal banking service. This offers international recognition, worldwide support, wealth management,2 insurance, mortgages,3 credit card,4 access to a 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, Hong Pham, is a career banker with over 25 years professional experience in and around the Washington D.C. area. Hong and team are able to serve customers in Korean, Vietnamese, Portuguese and Urdu as well as English. Between them they offer more than 100 years worth of combined banking experience.

This evening, HSBC will mark the occasion of its Vienna launch with a VIP Grand Opening Ceremony. During the event, checks totalling $15,000 will be presented to two local charities: James Madison High School Environmental Science Club and the Patrick Henry Library Children's Program. All funds will be used to support educational programs for young people.

Dick Gongaware, Environmental Club Sponsor, James Madison High School, said, "We're extremely pleased that HSBC has identified us as a recipient of what we regard as a very sizeable contribution to the JMHS Environmental Club. HSBC's generosity will allow us to complete a four-year initiative to install a pond and outdoor classroom in Madison's central courtyard. The funds extend our educational reach, both literally and figuratively, as we attempt to re-connect students with their environment."

Sheila Janega, Branch Manager, Patrick Henry Library, said, "Patrick Henry Library is honored to receive this award from HSBC Bank. The Library promotes early literacy as well as educational programs for school age children. This generous donation will be used to support programming for children of all ages."

Note to editors

About HSBC Bank USA, N.A.

HSBC Bank USA, N.A. has more than 470 bank branches throughout the United States, with over 375 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., one of the nation's leading bank holding companies by assets. Deposits in the United States are offered by HSBC Bank USA, N.A. Member FDIC.

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1 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 open a Premier Checking account and 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 offers international recognition and support, international services, credit card rewards and protection around the world, and financial planning and wealth management through access to a Premier Relationship Manager. With Premier Centers 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 Centers can be found in Los Angeles, Miami, New York City, San Francisco, Washington, D.C., Westport, CT., and White Plains, NY. In addition to Premier Relationship Managers in branches, there are over 250 Premier Centers worldwide. For more information visit: HSBCPREMIERUSA.com.

2 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.

3 Mortgage products are offered through HSBC Mortgage Corporation (USA) a wholly owned subsidiary of HSBC Bank USA, N.A. Equal Housing Lender.

4 Credit cards in the U.S. issued by HSBC Bank USA, N.A. or HSBC Bank Nevada, N.A. and are subject to approval. 

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