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HSBC Launches Made For Trade Initiative in Los Angeles

17 March 2014

Los Angeles - HSBC Bank USA, N.A. today announced the launch of Made For Trade, a national conversation with leaders in business, government, industry and academia about the role of global trade in today's economy.

HSBC Made For Trade will examine the contribution of the international flow of goods, services and capital to the economy, and the opportunities for American business that are possible because of global trade. Made For Trade will stop in four U.S. cities, including Los Angeles, Houston, San Francisco and Chicago, whose economies have been shaped by global trade. The tour concludes in Washington, D.C. with voices from around the country gathering with national and international officials and thought leaders to discuss policies needed to promote the international flow of goods, services and capital.

"Since its creation in 1865, trade has been at the heart of HSBC's business. Our goal with Made For Trade is to bring business leaders, thought leaders, public officials and academics together to talk about trade," said Irene Dorner, President and Chief Executive Officer, HSBC USA. "Each of the cities we will visit has its own trade story. HSBC is the world's leading bank for international trade, we support those cities and their local businesses with global business plans and aspirations."

"I'm pleased to welcome HSBC's Made for Trade tour to Los Angeles," said Los Angeles Mayor Eric Garcetti. "With our world-class airport and the nation's number one port, LA is a global hub for trade—a perfect launchpad for this effort to spur local companies to grow abroad and create jobs here at home."

After today's launch, each day-long city stop will include the release of HSBC-commissioned research by local business experts and focusing on trade-related issues specific to that market, as well as a public program with research partners, public officials and business leaders, and academics. The Made For Trade concluding event in Washington, DC will similarly include the release of HSBC-commissioned research, as well as discussions around the future of global trade and the policies needed to promote the flow of goods, services and capital across borders.

For more information about HSBC Made For Trade and how HSBC is helping to make global connections, please visit: https://globalconnections.hsbc.com/us/en/special-features/made-for-trade.

Notes to editors:

About HSBC Made For Trade
HSBC Made For Trade is a national conversation with leaders in business, government, industry and academia about the role of global trade in today's economy. This national tour looks at the contribution of the international flow of goods, services and capital to the U.S. economy, and the opportunities for American businesses brought about by global trade. HSBC Made For Trade stops in four U.S. cities whose economies have been shaped by global trade, and concludes in Washington, DC, where voices from around the country are brought together with national officials and thought leaders to discuss policies to further promote the international flow of goods, services and capital.

About HSBC Group
Founded in 1865 to finance trade between Asia and the West, today HSBC Group is one of the world's largest banking and financial services organizations. Headquartered in London, HSBC Group operates through long-established businesses and an international network of some 6,600 offices in 75 countries and territories. HSBC is the world's leading bank for international trade, financing approximately 10 percent of international trade flows in 2012.* Our global reach and expertise helps millions of customers - from small businesses to multinationals - unlock their potential.

In the U.S., HSBC serves 3 million customers through retail banking and wealth management, commercial banking, private banking, asset management, and global banking and markets segments, and operates more than 240 bank branches: over 155 in New York State as well as in California, Connecticut, Delaware, Washington, D.C., Florida, Maryland, New Jersey, Pennsylvania, Oregon, Virginia, and Washington State.

*Oliver Wyman Global Transaction Banking Survey 2012

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