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HSBC Private Bank adds another seasoned banker to Miami team

26 July 2011

Cecilia Smith joins as a Senior Vice President and Relationship Manager

New York, NY – HSBC Private Bank today announced the appointment of Cecilia Smith as a Senior Vice President and relationship manager for HSBC Private Bank. Based in Miami, Smith will be responsible for providing high net worth individuals in the South Florida region of the United States with wealth solutions tailored to meet their specific financial needs. Smith will report to Victoria Garrigo, Southeast Regional Manager of HSBC Private Bank, who joined in the first quarter of this year.

Smith brings to HSBC more than 25 years of wealth advisory and general banking experience including estate planning, investment strategy and change management expertise. Most recently, she served as a senior director in the Wealth Management division of BNY Mellon. She has also held various roles advising high net worth clients at Wachovia Bank.

"The South Florida region is a strategic market for HSBC Private Bank," said Patrick Campion, CEO of HSBC's U.S. Private Bank. "Growing our professional staff in Miami helps to expand the wide range of wealth management expertise available to the high net worth individuals we serve in this area. We are pleased to add yet another highly talented individual to our team of experts that will bring to our clients HSBC's global views and expertise."

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.

Note 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$1.1 billion for the year ending 31 December 2010 and reported total client assets under management were US$499 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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