Press Release

HSBC Opens Second Branch in San Gabriel Valley

With the opening of this branch, HSBC will now have four branches in the Los Angeles area.

16 November 2003

New York – HSBC Bank USA has opened a new branch at 227 West Valley Boulevard in San Gabriel, California. With the opening of this branch, HSBC will now have four branches in the Los Angeles area. Branch hours will be Monday-Thursday, 9:00 a.m. - 5:00 p.m., Friday 10:00 a.m. - 6:00 p.m., and Saturday 10:00 a.m. - 2:00 p.m.

To meet the needs of the surrounding community, all branch staff are bilingual, speaking both English and either Cantonese or Mandarin. Branch amenities include a 24-hour ATM, bilingual telephone customer service, customer parking, and safe-deposit boxes. A financial advisor will also be available to work with customers to meet their investment and insurance needs.

"HSBC's presence in Southern California is growing and the San Gabriel Valley is an important part of that growth," noted Eddie Wang, Regional President, West Coast, HSBC Bank USA. "Our Rowland Heights branch has received an enthusiastic welcome from the local community and I'm confident that we'll have the same response for the San Gabriel branch."

In addition to the new branch, HSBC currently maintains branches in San Francisco, Oakland, Rowland Heights, Encino, and Beverly Hills.