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HSBC Private Bank Appoints Victoria Garrigo Southeast Regional Manager

1 March 2011

New York, NY – HSBC Private Bank today announced the appointment of Victoria Garrigo as Southeast Regional Manager for HSBC Private Bank. Based in Miami and reporting to Patrick Campion, CEO US Private Bank, Garrigo will be responsible for managing a team of private bankers focused on serving the private banking needs of high net worth individuals domiciled in the Southeast region of the United States.

Garrigo brings over 23 years of wealth advisory and commercial lending experience to HSBC. Previously, she held various management roles at Northern Trust including most recently as a Managing Director in Wealth Advisory. Garrigo is a graduate from the University of Miami with a degree in Accounting and Finance and also holds a graduate certification from the University of Florida in Financial Planning.

HSBC Private Bank provides wealth management and advisory services to high net worth individuals and families with local and international needs through 96 locations in some 42 countries and territories around the world. Our services include banking, liquidity management, investment services, custody, tailored lending, wealth planning, trust and fiduciary services, insurance, family wealth advisory and philanthropic advisory.

Notes to editors:

HSBC Private Bank

HSBC Private Bank is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group worldwide. HSBC Private Bank and the private banking activities of HSBC Trinkaus as well as the HSBC Private Banking entities, known collectively as Global Private Banking, provide services to high net worth individuals and their families through 96 locations in some 43 countries and territories in Europe, the Americas, the Asia-Pacific region, the Middle East and Africa. Private Banking and Wealth Management Services in and from the United States are offered through HSBC Private Bank Americas, a division of HSBC Bank USA, N.A., and HSBC Private Bank International in Miami.

Profits before tax were US$556 million for half year ending June 2010 and reported total client assets under management were US$445 billion. HSBC Private Bank draws on the strength of the HSBC Group, one of the world’s largest banking and financial services organisations, providing a comprehensive range of financial services more than 100 million customers.

For more information, visit www.hsbcprivatebank.com

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