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Scott Rosser And Diane Wilson Join HSBC Private Banking Team In Beverly Hills

4 August 2011

New York, NY - HSBC Private Bank today announced that Scott Rosser and Diane Wilson have joined as Senior Vice Presidents. Based in Beverly Hills, California, they will work with high net worth individuals and families with complex wealth management needs. Rosser and Wilson report to Joanna Lucchesi, Regional Manager U.S. Private Bank for the Southern California region.

"Diane and Scott will deepen further our talent pool of private bankers based in the West Coast. They bring a wide range of wealth management expertise to our already strong team of professionals based in Beverly Hills," said Joanna Lucchesi. "In their roles, they will serve as the key point of contact for our clients and coordinate with key HSBC specialists from around the world to provide clients with services such as family office advisory, philanthropy, and strategic asset allocation to address their varied financial needs."

Scott Rosser brings to HSBC Private Bank more than 20 years of financial services experience serving clients in the Los Angeles Metropolitan area. His financial experience includes investment management, commercial and private banking. Prior to joining HSBC, he worked at Comerica Bank as a Vice President in the Wealth and Institutional Management Group. Rosser holds a Bachelor's degree from California State University, Long Beach.

Diane Wilson brings more than 20 years of financial services experience to her position at HSBC Private Bank. Prior to joining the Beverly Hills team, she was a Senior Vice President at U.S. Trust within the institution's Private Wealth Management team. Wilson holds a Bachelors degree from Loyola University in New Orleans.

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 for the half year to 30 June 2011 were US$552 million and reported total client assets under management were US$556 billion. HSBC Private Bank draws on the strength of the HSBC Group, one of the world's largest banking and financial services organizations, providing a comprehensive range of financial services more than 100 million customers.

For more information, visit www.hsbcprivatebank.com

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