70 York Street Limited

HSBC Bank (Cayman) Limited is a class A licensed bank regulated by the Cayman Islands Monetary Authority which carries out fund administration, captive insurance management and corporate trust. In 2007, HSBC announced plans to expand its offering in the Cayman Islands with the anticipated roll out of additional services in corporate banking and personal financial services. In April 2008, HSBC Bank (Cayman) Limited launched its corporate banking service and in October, HSBC Group's Global Premier Banking service.