HSBC France â¬ 20,000,000,000 Euro Medium Term Note Programme

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Notes 30 June 2012 30 June 2011(in millions of euros)Interest income 942 981Interest expense (452) (547)Net interest income 490 434Fee income 492 533Fee expense (125) (131)Net fee income 367 402Trading income 279 232Net income from financial instrumentsdesignated at fair value (65) 3Gains less losses from financialinvestments 14 36Dividend income 4 5Other operating income 18 19Total operating income before loanimpairment(charges)/releases and other creditrisk provisions 1,107 1,131Loan impairment charges and othercredit risk provisions 5 (42) (42)Net operating income 1,065 1,089Employee compensation and benefits (533) (515)General and administrative expenses (271) (279)Depreciation of property, plant andequipment (23) (21)Amortisation of intangible assets andimpairment of goodwill (4) (4)Total operating expenses (831) (819)Operating profit 234 270Share of profit in associates andjoint ventures - -Profit before tax 234 270Tax expense (40) (42)Profit from continuing operations 194 228Discontinued operationsNet profit on discontinued operations - -Profit for the period 194 228Profit attributable to shareholdersof the parent company 193 228Profit attributable tonon-controlling interests 1 -(in euros)10
Basic earnings per ordinary share 4 2.86 3.38Diluted earnings per ordinary share 4 2.86 3.38Dividend per ordinary share 4 - 1.75There has been no material adverse change in the prospects of the Issuer since 31December 2011.B.13 Recent New products and services are offered to customers of the HSBC Group in France ona regular basis. Information is available on the Group’s websites, in particular in thepress releases posted at www.hsbc.fr.material eventsrelating to theIssuer’ssolvencyB.14 Extent towhich theIssuer isdependentupon otherentities withinthe GroupB.15 Principalactivities of theIssuer- 24 October 2012: The Marseille Provence Métropole urban communitysuccessfully launches the first urban community bond issue, totalling 97 millioneuros over 15 years, with HSBC France as sole arranger.- 12 September 2012: HSBC France wins the financing contract for the newClarins Group administration.- 13 July 2012: HSBC France and Crédit Agricole Cards and Payments sign acontract for processing transactions by bank card and domestic clearing andexchanges with market systems.Please refer to item B.5 above.HSBC France offers universal banking services to more than 823,000 personalcustomers and 116,000 business customers, through the expertise of its 10,850 staffin nearly 400 branches and offices. HSBC France’s activity is focused on (i) RetailBanking and Wealth Management, Asset Management (ii) Commercial Banking, (iii)Global Banking and Markets and (iv) Private Banking.Retail Banking and Wealth Management, Asset Management: Retail Banking andWealth Management offers individual services to personal and business customerswith a wholistic approach to their financial needs. Capitalising on the HSBC Groupsynergies, HSBC in France continues to expand in its target segment, wealthmanagement.With a strong presence in the largest French cities, Retail Banking and WealthManagement is supported by:- teams of experts and specialists dedicated to each customer profile (542 HSBCPremier Relationship Managers, 147 Relationship Business Managers and 43 wealthmanagement and finance experts);- banking propositions tailored to customers aspirations: HSBC Premier and HSBCAdvance;- a network of nearly 400 branches, including 32 HSBC Premier Centres, and directbranches.- Asset Management: Operating in 36 countries, HSBC Global Asset Management isthe HSBC Group’s asset management specialist and offers tailored investmentsolutions to its personal, corporate and institutional customers. In France, HSBC11
Page 1 and 2: Base Prospectus dated 14 December 2
Page 3 and 4: The Arranger and the Dealers have n
Page 5: Other than as set out above, neithe
Page 8 and 9: actions of any Authorised Offeror,
Page 12 and 13: Global Asset Management is recognis
Page 14 and 15: effected directly or via their resp
Page 16 and 17: specifies “Contractual Masse”,
Page 18 and 19: continuity of such market if one de
Page 20 and 21: RESUME EN FRANÇAIS DU PROGRAMMELes
Page 22 and 23: au sein duGroupeB.9 Prévision oues
Page 24 and 25: à l’Emetteurprésentant unintér
Page 26 and 27: titre du Règlement (CE) N° 1060/2
Page 28 and 29: C.9 Intérêts,échéance etmodalit
Page 30 and 31: · Le risque de liquidité : se dé
Page 32 and 33: E.2bRaisons del’offre etutilisati
Page 34 and 35: 2. Risks related to the structure o
Page 36 and 37: The European Commission intends in
Page 38 and 39: any Note as a result of the imposit
Page 40 and 41: addition, certain proposals contain
Page 42 and 43: Government and monetary authorities
Page 44 and 45: DOCUMENTS INCORPORATED BY REFERENCE
Page 46 and 47: INFORMATION INCORPORATED BY REFEREN
Page 48 and 49: SUPPLEMENT TO THE BASE PROSPECTUSIf
Page 50 and 51: interest, if any, payable thereunde
Page 52 and 53: (i)(ii)(iii)on the same basis as th
Page 54 and 55: circumstances in which the Notes wi
Page 56 and 57: Noteholder or in fully registered f
Page 58 and 59: accordance with Condition 15. Any b
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For the purposes of these Condition
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The fraction is:If dd2 = 31and dd1
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Interest Period Date means each Int
Page 66 and 67:
For the purposes of this sub-paragr
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Date shall be the Early Redemption
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Redemption Amount to be notified to
Page 72 and 73:
To exercise such option or any othe
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(g)CancellationAll Notes purchased
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(including Luxembourg so long as th
Page 78 and 79:
2000 on the taxation of savings inc
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The Masse alone, to the exclusion o
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In accordance with Article R.228-71
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(c)Any notice given by publication
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RECENT DEVELOPMENTSOn 11 December 2
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In the case of Materialised Notes w
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a bank account opened in a financia
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CorporationsThere is no withholding
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2012 [and the supplement[s] to the
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(ii) Interest Payment Date(s): [•
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(ii) Day Count Fraction: [Actual/Ac
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Masse) applies, insert below detail
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PART B - OTHER INFORMATION1. LISTIN
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5. Fixed Rate Notes only - YIELD[No
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the public the amount of the offer:
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[ANNEX -ISSUE SPECIFIC SUMMARY][ins
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SUBSCRIPTION AND SALESubject to the
Page 113 and 114:
of the Issuer of any of its content
Page 115 and 116:
For the purposes of this provision,
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AndorraAny investor purchasing the
Page 119 and 120:
france/entreprises-institutionnels/
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HSBC France â¬ 20,000,000,000 Euro Medium Term Note Programme

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HSBC France â¬ 20,000,000,000 Euro Medium Term Note Programme