Your wide-aperture view of the precious metals market

Transcription

1 Yor wide-apertre view of the precios metals market

2 HSBC precios metals: scope No other firm can match the scope of or involvement in the world s gold, silver, platinm and palladim markets: Broad capabilities. Or capabilities inclde spot, forward/ swap and options trading, deposits and loans, physical shipments, clearing, cstody, banking, research and the ability to cstomize soltions. Deep involvement. Or experts are deeply involved at every stage of the vale chain, from exploration and development to operations and indstrial manfactring. Global footprint. We have metals trading hbs and analyst teams in New York, London and Hong Kong, and sales desks located arond the world, inclding Germany, Switzerland, Trkey and UAE. This page: Gold has been sed to maintain yothfl skin since the days of Cleopatra and is now reappearing in lxry spas arond the world. On the cover: The gold dome ceiling of lxry shopping center Galeries Lafayette in Paris, France. 2 HSBC precios metals

3 Precios metals fel economic development, serve as a barometer of risk, provide a store of vale, diversify portfolios and play an essential role in complex indstries. HSBC offers an nparalleled wide-apertre view of the precios metals market to prodcers, consmers, investors, governments and other stakeholders. At the heart of or offering is the ability to see the entire precios metals niverse at once, from the latest exploration activity to emerging trends in spply and demand. Armed with this insight, we help or clients execte strategies with confidence whether it s a manfactrer wishing to mitigate risk and lock in margins, an investor seeking an edge over the market, or a central bank managing national reserves. We serve clients in virtally every indstry that deals with precios metals, inclding: Ato catalysts Platinm, palladim Banks and financial Gold, silver, platinm, palladim Battery manfactrers Silver Chemicals Gold, silver, platinm, palladim Electronics Gold, silver, platinm Engineering Gold, silver, platinm Financials Gold, silver, platinm Glass Platinm Government Gold Indstrial Silver, platinm Jewelry Gold, silver, platinm Mining Gold, silver, platinm, palladim Oil and gas Silver, platinm, palladim Pharmacetical Gold, silver, platinm Photography Silver Working with precios metals specialists and an HSBC relationship manager, yo can seamlessly integrate precios metals soltions with all of yor other banking, credit, investing and financial services needs arond the world. Platinm is widely sed in catalytic convertors for ato exhast systems. 3 HSBC precios metals

4 Active at every stage of the metals vale chain HSBC Global Banking and Markets has an nparalleled nderstanding of precios metals, becase we are active in virtally every niche of the market. No matter where yor organization resides within the vale chain, yo can trn to HSBC for tailored soltions. SOURCES Exploration We help explorers condct their activities arond the world, inclding asset management, cash management, personal financial services, eqity issance, eqity research, banking services and more. Development We nderstand that development takes time and provide the project-financing advisory services and financial backing reqired to make the transition from exploration to extraction. Operations We offer credit strctring, crrency, metals-price and interest-rate hedging, metal sales and eqity and debt capital markets access, and can facilitate the lease or loan of metals for se in manfactring. A fll range of prodcts and services Yor HSBC Relationship Manager can offer an integrated site of prodcts and services to meet yor needs: Asset management Hedging of rates, metals and FX Capital markets Hose banking Expat banking Letters of credit FX sales Metal sales, leasing and lending 4 HSBC precios metals

5 Gold is sed in many electronic devices, inclding cell phones, calclators and global positioning system (GPS) nits. USES Reclamation We help miners ensre that land is safely restored with reclamation/restoration financing, letters of credit, trst services, payment facilitation, cash management and money-managed trsts. Storage With the largest commercial, prposebilt valts in the world, we are niqely positioned to ensre the safekeeping of precios metals. Manfactring Or sales, leasing, lending and distribtion services offer mltiple avenes for clients to acqire and se the precios metals they reqire for manfactring processes. Payments and cash management Project and export finance Revolving and strctred credit Payroll Premier banking Trst services Valting 5 HSBC precios metals

6 Facilitating the global flow of precios metals HSBC s deep involvement at every stage of the vale chain means we are key facilitators in the global flow of precios metals, whether it s helping to get gold ot of the grond in Per and into the hands of an indstrial manfactrer in China, or moving platinm from a mine in Soth Africa to a fertilizer prodcer in Canada. For illstrative prposes only. GOLD 6 HSBC precios metals SILVER PL ATINUM

7 Adhesive bandage strips contain silver which provides antimicrobial protection for both wonds and brns. HSBC precios metals: by the nmbers 1 HSBC world ranking by size as metals cstodian, bllion clearer, and OTC precios metals dealer (Energy Risk Commodity Ranking 2011) 6 Global metals exchanges on which HSBC plays a leading role 24 Hors a day HSBC metals desks are open for bsiness globally 1817 Date of HSBC s earliest roots in the gold bsiness 1897 Date of HSBC s co-fonding of the silver fixing 1919 Date of HSBC s co-fonding of the gold fixing Silver-coated ball bearings low coefficient of friction and resistance to high temperatres provide a critical margin of safety in jet engines. 7 HSBC precios metals

8 The intelligence to help yo scceed Bsinesses that hold precios metals in inventory as work-in-progress or as fixed assets are exposed to market volatility. HSBC Global Banking and Markets provides extensive spply, demand and indstry intelligence to help these clients protect profit margins. Spply-side intelligence. We leverage or visibility into market trends, mining sector conditions, volmes in circlation, and inventory (as one of the world s main valts) to gage market spply and help clients anticipate, measre and hedge price volatility. Market-demand intelligence. With a clear view of OTC, ftres and options markets, indstrial sage patterns, and trends in metal lending, leasing and sales, we are niqely positioned to anticipate market demand and maximize vale for byers and sellers. Indstry intelligence. We translate or spply-and-demand knowledge into specific, actionable insights for investors and bsiness people in a wide range of indstries. This helps clients achieve goals sch as minimizing financing costs, tailoring hedging exposre, redcing risk and protecting profit margins. Some of the world s largest retailers are installing photovoltaic systems that se silver paste to spply p to 40 percent of their power needs. Athletic apparel companies are weaving silver thread into clothing to control bacteria and redce odor. 8 HSBC precios metals

9 HSBC precios metals: leadership Distinctions One of the few fll-service banks with cstody stats One of the largest metals cstodians in the world One of the largest bllion clearers in the world Largest commercial valt in the world Largest OTC precios metals dealer in the world Among world s largest holders of precios metals Memberships Fonding member of silver fixing in 1897 and gold fixing in 1919 Only OTC market maker that is a member of all for fixings (gold, platinm, silver and palladim) Member of the London Bllion Market Association Member of the London Platinm and Palladim Market Association CME (COMEX) division member LME Category 2 member DGCX (Dbai) member SGE (Shanghai) First Foreign Bank member 9 HSBC precios metals

10 Several steps ahead of the competition Other banks cannot match the precios metals reach, focs and soltion-oriented approach of HSBC. Greater reach HSBC is the athority in global precios metals with leadership positions on six of the world s bllion and precios metal exchanges. Many competitors rely pon third-party brokers and investment managers to execte transactions. Sharper focs HSBC has a specialized team whose sole focs is to research and track global precios metals. Competitors typically have commodities teams that mst monitor all commodities at once, from agricltral prodce to zinc. Batteries, generators and conventional car engines are being replaced by fel cells that contain platinm catalysts. Better soltions HSBC is trly soltion-oriented, with the in-hose capabilities to strctre cstomized, end-to-end soltions on a global scale. Competitors tend to be transaction-oriented, forcing clients to conform with off-the-shelf prodcts. 10 HSBC precios metals

11 The strength of history At HSBC Global Banking and Markets, or history with precios metals dates all the way back to the fonding of Samel Montag in 1853 and Johnson Matthey Bankers predecessor in Since that time, we have been mch more than jst a prveyor of precios metals we have feled the expansion and financial growth of the sector worldwide. With the strength of history behind s, or view of the precios metals market is 360, combining a trly global perspective with local expertise. 11 HSBC precios metals Gold and copper mine in Indonesia

12 Contact s to learn more abot how HSBC can offer yo the world s leading soltions for precios metals finance and investment. Americas: Pal Voller, Head of Precios Metals, Americas [email protected] Erope, Middle-East, Africa: Jeremy Charles, Global Head of Precios Metals [email protected] Asia-Pacific: Graham J Collins, Head of Precios Metals Sales and Marketing, Asia-Pacific [email protected] Global Derivatives Soltions: Jerome Bssiere, Global Head of Precios Metals Options [email protected] Bsiness Development: Richard Ward, Global Metals Bsiness Development [email protected] This material was prepared and is being distribted by HSBC Bank USA, National Association and HSBC Secrities (USA) Inc., members of the HSBC Grop. The information contained herein is believed to be reliable bt we do not garantee its accracy or completeness. This material shold be deemed as edcational and not be constred as an offer or solicitation to by or sell any secrities or derivative instrments. The secrities or derivative instrments mentioned herein may not be sitable for all investors. The illstrative hypothetical example herein is provided to yo for informational prposes only, and does not constitte, and is not intended to constitte, the giving of advice, prediction of ftre performance or the making of a recommendation.