HSBC Strengthens U.S. Research with the Hire of Arthur Tetyevsky

    Business Editors

    NEW YORK--(BUSINESS WIRE)--March 8, 2005--HSBC Securities (USA) Inc. today announced it has hired Arthur Tetyevsky, one of the industry's top investment grade strategists, as managing director and chief U.S. credit strategist. Based in New York, he reports to Van Hesser, head of credit research for the Americas, and Steven Major, global head of fixed income strategy.
    "Arthur's hire demonstrates our commitment to build out our research offering," said Graham Copley, head of research for the Americas. "Arthur's opinions are highly sought after by credit market participants and we are delighted he is joining HSBC."
    Tetyevsky spent the last nine years at Lehman Brothers and is the No. 1 ranked investment grade strategist based on Institutional Investor's "2004 All-America Fixed Income Research Team" survey.
    HSBC Securities (USA) Inc. is a financial services leader, serving a wide-range of corporate and institutional clients. It engages in underwriting, dealing, and brokering a full range of debt and equity securities and futures contracts and serves as a primary dealer in US government and federal agency securities. Through its global network, HSBC provides its clients with seamless, 24-hour trading capabilities.

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CONTACT: HSBC Securities (USA) Inc. Media: Juanita Gutierrez, 212-525-6282

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING MANAGEMENT CHANGES SOURCE: HSBC Securities (USA) Inc.

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