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William Murphy Joins HSBC Private Bank in Miami

20 June 2013

New York, NY - HSBC Private Bank today announced the appointment of William P. Murphy as a Senior Vice President and Relationship Manager for HSBC Private Bank based in Miami. Reporting to Victoria Garrigo, Southeast Regional Manager for the Private Bank, Murphy will be responsible for serving the private banking needs of high-net-worth individuals domiciled in the Southeast region of the United States.

Murphy brings more than 30 years of wealth advisory and banking experience to HSBC. He joins after 27 years with Northern Trust where most recently he served as a Senior Wealth Strategist.

"Bill will be a valuable member of our Miami team having served the complex needs of ultrahigh- net-worth families, not-for-profit institutions and privately held businesses located in South Florida," said Victoria Garrigo, Southeast Regional Manager, HSBC Private Bank.

Murphy is a graduate from the University of Virginia with a degree in Finance from the McIntire School of Commerce. He is a past Chairman of Dade Heritage Trust, the Coral Gables Community Foundation and a Life Trustee of the Vizcaya Foundation.

Notes to editors:

HSBC Private Bank As part of the HSBC Group, one of the world's largest banking and financial services organizations, HSBC Private Bank seeks to be the leading international private bank for business owners and their families. It provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world. HSBC Private Bank is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group. From the United States, services are offered through HSBC Private Bank Americas, a division of HSBC Bank USA, N.A., and HSBC Private Bank International in Miami.

HSBC Bank USA, National Association HSBC Bank USA, National Association, with total assets of $183.9bn as of 31 March 2013 (US GAAP), serves 3 million customers through retail banking and wealth management, commercial banking, private banking, asset management, and global banking and markets segments. It operates more than 250 bank branches throughout the United States. There are over 165 in New York State as well as branches in: California; Connecticut; Delaware; Washington, D.C.; Florida; Maryland; New Jersey; Pennsylvania; Oregon; Virginia; 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 Bank USA, N.A. is a member of the FDIC.

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