News Release

Dr. Benjamin Ladner and Ambassador Andrew Young to Speak at HSBC Philanthropy Forum

9 October 2001

Former U.S Ambassador to the United Nations Andrew Young, will be the keynote speaker at HSBC Bank USAs 4th annual Philanthropy Forum. The Philanthropy Forum, which is scheduled for Wednesday, October 10th at HSBC Bank USA headquarters, 452 Fifth Avenue, offers high net-worth individuals, families, and nonprofit organizations the opportunity to explore and address the issues and opportunities of giving. After an opening address by Dr. Benjamin Ladner, president of American University, participants will choose among the following workshop sessions:

• Creating a Giving Plan: Deciding Where and How to Give
• Balancing a Trustees Responsibilities: Using Traditional and Nontraditional Portfolio
  Diversification
• Ethical Dilemmas and Value Conflicts in Philanthropy: Making Tough Decisions
• Continuing the Legacy: The Intergenerational Transfer of Philanthropy
• Building a New Vision of Philanthropy: Exploring Alternate Solutions
• Estate Planning: Charitable Giving Techniques After the Estate Tax "Repeal"
  

"The past few weeks have been a defining moment in philanthropy. Weve all had the opportunity to witness the power of giving and the difference it can make in a crisis," said Leslie E. Bains, senior executive vice president, HSBC Bank USA and head of Private Banking and Wealth Management Services. "The way that we choose to manage and direct our charitable efforts, really does make a difference."

Established in 1998, the HSBC Philanthropy Forum is designed to help high net-worth individuals broaden their vision and understanding of philanthropy. Each year, the Philanthropy Forum brings together philanthropic leaders and experts from around the country to discuss the considerations involved in making a significant charitable decision. The HSBC Bank USA Philanthropy Forum is an invitation-only event.