HSBCThe Right Bank

*Source: HSBC Holdings plc Annual Report as of 12/31/14

Key FactsCustomers:51 million

Served by:266,000 employees

Global Reach:73 countries and territories

Across five geographical regions:Europe AsiaMiddle East and North AfricaNorth AmericaLatin America

Offices: Over 6,100

Global Headquarters:London

Market Capitalization US$182 billion

Listed on stock exchanges in:LondonHong KongNew YorkParisBermuda

Share Holders:216,000 in 127 countries and territories

HSBC is one of the world’s largest banking and financial services organizations. With more than 6,100 offices in both established and emerging markets, we aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.

We serve around 51 million customers through our four Global Businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Our network covers 73 countries and territories in Europe, Asia, Middle East, North Africa, North America and Latin America.

Listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by about 216,000 shareholders in 127 countries and territories.

¥$£

Our Four Global Businesses

Global Coverage in Five Regions

Retail Banking and Wealth Management

US$5,651m

Commercial Banking

US$8,441m

Global Bankingand Markets

US$5,889m

Global Private Banking

US$626m

Profit before tax by business on a reported basis

Profit before tax by geographical region on a reported basis

Middle East andNorth AfricaUS$1,826m

Latin AmericaUS$216m

North AmericaUS$1,417m

EuropeUS$596m

AsiaUS$14,625m

Group profit before tax

US$18,680m

Results At A Glance*

About HSBC

**Bloomberg, as of 12/31/14

A Stable Deposit BaseHSBC Bank USA, N.A. relies primarily on deposits

Liability Sources of Funding*

0% 5% 10% 15% 20% 25%

HSBC

Bank of America

Barclays

BNP Paribas

Citigroup

Credit Suisse

Deutsche Bank

JPMorgan Chase

Morgan Stanley

UBS

Total Capital Ratio*

0% 5% 10% 15% 20%

HSBC

Bank of America

Barclays

BNP Paribas

Citigroup

Credit Suisse

Deutsche Bank

JPMorgan Chase

Morgan Stanley

UBS

Tier 1 Capital Ratio*

Market Capitalization in US$ billions**

0

50

100

150

200

250

HSBC Bank ofAmerica

Barclays BNPParibas

Citigroup CreditSuisse

DeutscheBank

JPMorganChase

MorganStanley

UBS

HSBC in the United States: Our Advantage

Total Deposits

Long-term Debt

Short-term Borrowings

5%5%

90%

Since 1865, HSBC has had a presence in the United States starting with our predecessor bank, Marine Midland, which was founded in Buffalo, New York to finance the shipping trade along the Great Lakes. Since then, our commitment to traditional banking principles has served us well. We have created a business that is diversified by customer group and by geography – avoiding excessive reliance on one region or one economic sector, while remaining where the growth is. We have put strong retail deposits at the heart of our strategy, avoiding reliance on the wholesale markets where massive changes in sentiment can take place very quickly.

Credit MattersHSBC credit rating remains consistently high across all major rating agencies

A credit rating reflects the creditworthiness of the respective entity and is not indicative of the market risk associated with any investment nor is it a recommendation to buy, sell or hold any investment, and it may be subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.

*HSBC.com as of 5/19/15

Strong Market Capitalization

S&P* HSBC Bank USA, N.A. HSBC USA Inc

Long Term Local Issuer Credit Rating AA- A

Fitch* HSBC Bank USA, N.A. HSBC USA Inc

Long Term Bank Deposits Rating AA- n/a

Senior Unsecured Debt Rating AA- AA-

Moody’s* HSBC Bank USA, N.A. HSBC USA Inc

Issuer Rating Aa3 n/a

Long Term Bank Deposits Rating Aa2 n/a

Senior Unsecured Debt Rating Aa3 A2 *Source: HSBC USA Inc. Annual Report on Form 10-K as of 12/31/14

HSBC has traveled a long way since its beginning in 1865 – from a small local bank to a leader in global banking and finance with a strong presence in the United States. Today, we believe that being part of a global organization brings strengths that benefit our clients – combining the advantages of worldwide presence and scale with local knowledge and service.

• HSBC North America Holdings is one of the largest bank holding companies in the United States.

• HSBC was ranked as one of the world’s 50 safest banks for 2014 by Global Finance magazine. Banks were selected by Global Finance magazine based on an evaluation of long-term credit ratings and total assets of the 500 largest banks worldwide.*

Who We Serve

• Financial Advisors• High Net Worth Individuals/Family Offices• Bank Broker Dealers• Institutional and Corporate Investors

What We Offer• Global Banking and Markets

– Wealth Management Structured Investments• Equities• Fixed Income • Precious Metals

• Commercial Banking • Retail Banking & Wealth Management• Global Private Banking

HSBC: Who We Are

* Ratings current as of August 14, 2014 ranked by Global Finance magazine. https://www.rabobank.com/en/images/Safest_banks_2014_sept2014.pdf

The organizational chart above is not a full representation of the ownership structure of HSBC Holdings plc. and is intended only to depict key North American subsidiaries of HSBC Holdings plc.

HSBC Bank USA, N.A.

Fast Facts

Customers: 2.4 million

Total Assets US $178.6 billion*

Bank Branches: 240 throughout the United States

Principal Office: New York City

HSBC in the United States

* Source: HSBC USA Inc. Annual Report on Form 10-K as of 12/31/14

HSBC Holdings plc

HSBC North America Holdings Inc

HSBC Finance Corporation HSBC USA Inc

HSBC Bank USA, N.A.

HSBC Markets (USA) Inc

HSBC Securities (USA) Inc

As shown below in the organization chart highlighting key North American subsidiariesof HSBC Holdings plc HSBC USA Inc. and HSBC Bank USA, N.A. are both wholly ownedsubsidiaries of HSBC Holdings plc.

HSBC USA Inc. is a U.S. bank holding company whose principal subsidiary is HSBC BankUSA N.A. HSBC Bank USA, N.A. is a federally chartered bank that is a member bank ofthe Federal Deposit Insurance Corporation (FDIC) and is regulated by the Office of theComptroller of the Currency (OCC).

The following entities are active issuers of debt in the U.S. markets:

• HSBC USA Inc. – in the form of SEC registered notes

• HSBC Bank USA, N.A. – in the form of FDIC insured Certificates of Deposit

Prior to investing in any debt obligation issued by HSBC USA Inc. or HSBC Bank USA,N.A., you should carefully review the related disclosure document to understand therisks related to the debt obligation and the specific issuer. This brochure discusses anumber of different HSBC entities and you should fully inform yourself about the specificHSBC issuer prior to making any investment in its debt obligations. HSBC Holdings plc,HSBC North America Holdings Inc. and other affiliated entities are not liable for any of theobligations of HSBC USA Inc. or HSBC Bank USA, N.A.

This brochure is intended to provide a general overview of HSBC and does not provide the terms of any specific issuance of structured investments. Prior to any decision to invest in a specific structured investment, investors should carefully review the disclosure documents for such issuance which contains a detailed explanation of the terms of the issuance as well as the risks, tax treatment and other relevant information.

HSBC Bank USA N.A. and HSBC USA Inc, are members of the HSBC Group. Any member of the HSBC Group may from time to time underwrite, make a market or otherwise buy and sell, as principal, structured investments, or together with their directors, officers and employers may have either long or short positions in the structured investments, or stocks, commodities or currencies to which the structured investments are linked, or may perform or seek to perform investment banking services for those linked assets mentioned herein.

HSBC operates in various jurisdictions through its affiliates, including, but not limited to, HSBC Securities (USA) Inc., member of NYSE, FINRA and SIPC.

© 2015 HSBC USA Inc. All rights reserved. 150522_5434