HSBC PRIVATE BANK (LUXEMBOURG) S.A.

HSBC Private Bank (Luxembourg) S.A. is the Luxembourg private banking entity of the HSBC Group, focused on servicing high-net-worth and ultra-high-net-worth clients as well as family offices through discretionary and advisory portfolio management, investment execution and custody, multi-currency accounts, international payments, and secured lending such as Lombard facilities. It operates under the supervision of the Commission de Surveillance du Secteur Financier (CSSF) and follows EU frameworks including MiFID II and CRR/CRD; client asset safeguarding, best execution, inducement disclosure, and conflicts-of-interest policies are standard and available on request. The platform provides access to listed securities, funds, structured products, alternatives subject to eligibility, and foreign exchange, with reporting and online banking channels for account information and instructions; cross-border services are delivered subject to local regulatory restrictions. Pricing typically combines custody and account maintenance fees, brokerage and execution charges, FX margins, and advisory or discretionary management fees for mandates; minimum relationship sizes apply and vary by service. Eligible deposits, where applicable, fall under Luxembourg’s deposit guarantee scheme (FGDL) up to statutory limits, and certain investment services may be covered by the investor compensation scheme; coverage depends on product type and client status. Onboarding involves enhanced due diligence, source-of-wealth verification, and tax documentation; the bank applies CRS and FATCA reporting and does not provide tax advice unless explicitly agreed. Lending is generally collateralized and subject to margining, concentration limits, and market risk controls. Clients should consider market, currency, liquidity, and counterparty risks inherent in the products offered, review key information documents and term sheets before transacting, and assess the suitability of Luxembourg as a booking center relative to their tax and regulatory obligations.