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UPDATED ON: Thursday, October 15, 2009

HSBC Bank Canada:

Beth Horowitz,

From The Globe and Mail

HSBC Bank Canada is pleased to announce the following appointment:

Ms. Beth Horowitz was formerly President and Chief Executive Officer of Amex Bank of Canada.

Ms. Horowitz worked for American Express for over 20 years in Toronto, London and New York where she held a wide variety of executive positions, including President and General Manager of Amex Canada Inc.

Active in the community, Ms. Horowitz is on the Board of Trustees of the Art Gallery of Ontario, the Dean’s Advisory Board of the Schulich School of Business and the Advisory Board of Catalyst Canada.

Ms. Horowitz holds a Master of Business Administration degree from Harvard University and a Bachelor of Arts degree from Cornell University.

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 260 offices, including over 140 bank branches, and is the leading international bank in Canada. With around 8,500 offices in 86 countries and territories and assets of US$2,422 billion at 30 June 2009, the HSBC Group is one of the world’s largest banking and financial services organizations.


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