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Press release from Business Wire

HSBC USA Inc. Declares Dividends for Holders of Preferred Stock

Tuesday, November 09, 2010

HSBC USA Inc. Declares Dividends for Holders of Preferred Stock11:52 EST Tuesday, November 09, 2010 NEW YORK (Business Wire) -- HSBC USA Inc. announced today that its board of directors declared the regular quarterly cash dividend on the company's preferred stock as follows, each such dividend payable on January 3, 2011 to stockholders of record on December 15, 2010: Series       Dividend 6.50% Non-Cumulative Preferred Stock, Series H $16.25 per share (equivalent to 40.625 cents per Depositary Share)   Floating Rate Non-Cumulative Preferred Stock, Series G $10.44444 per share (equivalent to 26.1111 cents per Depositary Share)   Floating Rate Non-Cumulative Preferred Stock, Series F $0.228472 (22.8472 cents) per share   Adjustable Rate Cumulative Preferred Stock, Series D $1.125 per share (equivalent to 28.125 cents per Depositary Share)   $2.8575 Cumulative Preferred Stock $0.714375 (71.4375 cents) per share About HSBC USA Inc.HSBC USA Inc. and its subsidiaries including HSBC Bank USA, N.A. serves its 3.8 million customers through its personal financial services, commercial banking, private banking, asset management, and global banking and markets segments. HSBC USA Inc. is an indirect, wholly-owned subsidiary of HSBC North America Holdings Inc., one of the largest bank holding companies in the United States by assets. HSBC Bank USA, N.A. is a member of the FDIC. HSBC USA Inc.Media Contact:Rob Sherman212-525-6901robert.a.sherman@us.hsbc.com