DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-83,080

HSBC BANK USA, NA
A SUBSIDIARY OF HSBC USA, INC.
A SUBSIDIARY OF HSBC NORTH AMERICA HOLDINGS, INC.
INTERNATIONAL BANKING CENTER
BUFFALO, NEW YORK

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor herein
presents the results of an investigation regarding certification
of eligibility to apply for worker adjustment assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the workers
in such workers' firm have become totally or partially
separated, or are threatened to become totally or
partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of articles
or supply of services like or directly competitive with
those produced/supplied by the workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on September 13, 2013 by a One-Stop Operator/Partner on
behalf of workers of HSBC Bank USA, NA, a subsidiary of HSBC USA,
Inc., a subsidiary of HSBC North America Holdings, Inc.,
International Banking Center, Buffalo, New York (HSBC). The
workers' firm is engaged in activities related to the supply of
banking services. The subject worker group consists of workers in
the International Banking Center. Workers who are not part of the
afore-mentioned unit are excluded from the subject worker group.
The subject worker group does not include on-site leased workers.
During the course of the investigation, information was
collected from the workers' firm.
Section 222(a)(1) has been met because a significant number
or proportion of the workers in HSBC Bank USA, NA, International
Banking Center, Buffalo, New York, have become totally or
partially separated, or are threatened to become totally or
partially separated.
Section 222(a)(2)(B) has been met because the workers' firm
has shifted to a foreign country the supply of services like or
directly competitive with the banking services supplied by the
subject worker group, which contributed importantly to worker
group separations at HSBC Bank USA, NA, International Banking
Center, Buffalo, New York.

Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of HSBC Bank USA, NA,
International Banking Center, Buffalo, New York, who are engaged
in activities related to the supply of banking services, meet the
worker group certification criteria under Section 222(a) of the
Act, 19 U.S.C. § 2272(a). In accordance with Section 223 of the
Act, 19 U.S.C. § 2273, I make the following certification:
"All workers of HSBC Bank USA, NA, a subsidiary of HSBC USA,
Inc., a subsidiary of HSBC North America Holdings, Inc.,
International Banking Center, Buffalo, New York, who became
totally or partially separated from employment on or after
September 12, 2012 through two years from the date of
certification, and all workers in the group threatened with
total or partial separation from employment on the date of
certification through two years from the date of
certification, are eligible to apply for adjustment
assistance under Chapter 2 of Title II of the Trade Act of
1974, as amended."
Signed in Washington, D.C., this 6th day of November, 2013

/s/ Del Min Amy Chen
______________________________
DEL MIN AMY CHEN
Certifying Officer, Office of
Trade Adjustment Assistance