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Press release from Business Wire

HSBC USA Inc. Declares Dividends for Holders of Preferred Stock

Wednesday, February 23, 2011

HSBC USA Inc. Declares Dividends for Holders of Preferred Stock10:55 EST Wednesday, February 23, 2011 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 April 1, 2011 to stockholders of record on March 15, 2011:   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 $9.77776 per share (equivalent to 24.4444 cents per Depositary Share)   Floating Rate Non-Cumulative Preferred Stock, Series F $0.213889 (21.3889 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. serve 3.9 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 nation's largest bank holding companies by assets. HSBC Bank USA, N.A. is a member of the FDIC. HSBC USA Inc.Media Contact:Rob Sherman, 212-525-6901robert.a.sherman@us.hsbc.com