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HSBC Bank USA Appoints Bill Brown National Head of Network

25 November 2013

New York, NY - HSBC Bank USA, N.A. (HSBC) today announced that it has appointed experienced industry veteran William (Bill) Brown to the newly created position of Executive Vice President and National Head of Network.

Bill Brown photo

For this New York City based role, Brown is responsible for expanding market share across HSBC's network of more than 240 bank branches throughout the United States, over 155 of which are located in New York State. Reporting to Kevin Martin, Head of Retail and Wealth Management for North America, he will also work to ensure a consistently high level of customer service within the branch network.

Brown joins HSBC from Citibank where he spent a 17 year career working in numerous positions including serving as Market President for New York City. His career initially began as an officer in the armed forces where he served on the Navy Staff at the Pentagon.

HSBC Group has enjoyed a long history in the United States. Its predecessor and founding member, the Hongkong and Shanghai Banking Corporation, first established a U.S. branch presence almost 140 years1 ago to capitalize on expanding trade links between America and the rest of the world. Through HSBC Premier2, HSBC Bank USA, N.A. provides a full range of banking and wealth management services to internationally oriented consumers, including those with business and/or personal interests in more than one country.

Kevin Martin said: "HSBC's roots in the United States run deep and Bill's unique blend of proven leadership skills and retail banking experience will be invaluable as we build our business in the U.S. through our market leading HSBC Premier banking and wealth offerings."

Notes to editors:

1 San Francisco - 1875/New York City - 1880 ('HSBC, A Brief History', www.hsbc.com)

2 HSBC Premier is a premium financial management service offering a range of banking, investment and financing solutions. It provides international recognition and support; international services; credit card rewards and financial planning and wealth management through access to a Premier Relationship Manager. HSBC Premier breaks down banking barriers allowing customers to seamlessly bank internationally. To qualify for HSBC Premier, you need to maintain $100,000 in combined personal deposit and investment balances. A monthly maintenance fee of $50 will be incurred if minimum balance requirements are not maintained. For more information visit: HSBCPREMIERUSA.com.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.), with total assets of $179.9bn as of 30 September, 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 240 bank branches throughout the United States. There are over 155 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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