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Press release from Business Wire

HSBC Appoints Monica Duwe as Head of Global Banking for Chile

Thursday, September 08, 2011

HSBC Appoints Monica Duwe as Head of Global Banking for Chile10:15 EDT Thursday, September 08, 2011 NEW YORK (Business Wire) -- HSBC's Global Banking and Markets business today announced the appointment of Monica Duwe as a Managing Director and Head of Global Banking, Chile. In this new role, Duwe will be responsible for providing major companies and institutions based in Chile or those interested in expanding to Chile advice and the full range of Global Banking and Markets products and services including: M&A advisory, equity and debt capital markets, leverage and acquisition financing, and project and export finance. She will be based in Santiago, Chile and will report to Gerardo Mato, CEO, Global Banking for the Americas, and locally to Gustavo Costa, HSBC CEO for Chile. Duwe joins from BNP Paribas. “This appointment reflects the importance we place in the Chilean market and our desire to continue growing our investment banking presence in that country. Monica brings extensive local, international investment banking and capital markets knowledge. She is well respected by senior company executives as well as peers,” said Gerardo Mato. “She will work with our team of bankers to further leverage HSBC's capabilities both in country and throughout the region.” Duwe joins HSBC after seven years at BNP Paribas where most recently she served as the Chile country manager and was responsible for client coverage and origination for Chile and Bolivia. She brings more than 23 years of global banking experience which includes 17 years at Dresdner Bank with assignments in New York, Germany and Chile. HSBC's Global Banking unit is one of five main businesses within HSBC's Global Banking and Markets division. It serves the needs of major corporate and institutional clients around the world. Products delivered by the Global Banking unit include: advisory, credit and lending, equity capital markets, export and project finance, and strategic financing advisory. Notes to editors:HSBC Global Banking Global Banking and Markets is an emerging markets-led and financing-focused business that provides tailored financial solutions to major government, corporate and institutional clients worldwide. HSBC manages its Global Banking and Markets operations as a global business and maintains offices in more than 60 countries and territories. Global Banking and Markets offers clients geographic reach and deep local knowledge. In the United States, it offers a full range of tailored financial products and services through the Bank and HSBC Securities (USA) Inc., a member of NYSE/FINRA/SIPC. Securities and certain annuity products are not a deposit or obligation of the Bank, are not guaranteed by the Bank or any of its affiliates, and are not insured by the FDIC or any other U.S. federal government agency. HSBC Holdings plc HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 7,500 offices in over 80 countries and territories in Europe, the Asia-Pacific region, North and Latin America, the Middle East and Africa. With assets of US$2,691bn at 30 June 2011, HSBC is one of the world's largest banking and financial services organizations. HSBCMedia inquiries:Lyssette Bravo, +5255 5721 2888Lyssette.BRAVO@hsbc.com.mxorPhilippa Daniels, +1 212 525 6286philippa.x.daniels@us.hsbc.com