HSBC Global Private Banking Grows West Coast Presence with Expansion to Seattle

HSBC Global Private Banking, Americas today announced plans to grow its West Coast presence by expanding to the Seattle market. The office will be led by Mark Pittsey, Market Head for the West Region. Pittsey will look to bring on top talent, including relationship managers, investment councellors and support staff.

Operating in Seattle enables Private Banking to work with HSBC’s local Commercial Banking and Retail Banking and Wealth Management teams to tap into the growing population of affluent men and women based in the Greater Seattle area.

“We are thrilled to join our colleagues in the Pacific Northwest,” said Joe Abruzzo, Head of HSBC Global Private Banking, Americas. “Seattle’s robust local economy, number of large corporates, and growing entrepreneurial scene presents a tremendous opportunity to bring the benefits of HSBC to local high net worth and ultra-high net worth individuals and families.”

The Seattle market is also experiencing a sizable increase in the number of wealthy individuals and families from Asia. With more than 150 years’ experience connecting these two markets, HSBC is uniquely-positioned to serve the banking and wealth management needs of this clientele.

Notes to editors:

About HSBC Private Banking

As part of the HSBC Group, one of the world’s largest banking and financial services organizations, HSBC Private Banking 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 Banking is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group.

For more information, visit www.hsbcprivatebank.com.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through retail banking and wealth management, commercial banking, private banking, and global banking and markets segments. It operates bank branches in: California; Connecticut; Delaware; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a Member of the FDIC. Investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/ SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.

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