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HSBC Positions Long Island Business for Future Growth

13 September 2010

New York, NY (September 7, 2010) – HSBC Bank USA, N.A. today confirmed a series of external hires and internal promotions to further position its Premier, Commercial and Wealth Management businesses in Long Island for future growth. Collectively, these appointments bring with them over half a century’s worth of combined banking industry experience.

Mayra DiRico, Regional President for HSBC Bank USA, N.A., said, “HSBC’s global network and local knowledge means that we can add real value for our clients. These experienced appointments will enhance the service we provide our Long Island-based customers as we continue to grow this business.” The appointments are:

Susan Aminov joins as Vice President and Branch Manager for the Jericho location and will be leading efforts to grow market share in the area. Susan has over ten years local finance industry experience and was previously employed in a similar position at Wachovia.

Josh Frankel rejoins HSBC as a Vice President, Financial Advisor. Frankel has over eighteen years experience in investments and mutual funds and will service clients at the Huntington Village and Syosset branches.

Wendy Abrams has been promoted to Branch Manager of the Cedarhurst location. Previously she was the Premier Relationship Manager for the Lynbrook and Cedarhurst offices.

Carissa Fabian has been promoted to Premier Market Leader for Suffolk County and will have responsibility for expanding the bank’s Premier proposition in Eastern Long Island. Fabian has been with HSBC for four years and was most recently branch manager at the 48th and Madison office in New York City.

Christopher Jacobi recently joined as Vice President, Financial Advisor at the Centereach location. Jacobi will focus on assisting clients with their wealth management needs. Jacobi previously worked as a financial services associate.

HSBC can trace its roots in New York State back to 1850. It currently operates a network of 41 branches in Long Island, employing scores of local people and serving thousands of personal and business customers.

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Who we are

HSBC Bank USA, National Association operates more than 470 bank branches throughout the United States. There are more than 375 in New York state as well as branches in Connecticut, Washington, D.C., Florida, New Jersey, Pennsylvania,Maryland, Virginia, California, Delaware, Illinois, Oregon and Washington State. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., an indirect, wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC USA Inc. is one of the nation's largest bank holding companies by assets. HSBC Bank USA, N.A. is a member of the FDIC.

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HSBC Bank USA, N.A., with total assets of $186 billion as of 30 June 2010, serves its 3.8 million customers through its personal financial services, commercial banking, private banking, asset management, and global banking and markets segments.

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