Wells Fargo HSBC Trade Bank Names Lynn Durning to Head New Chicago Office

CHICAGO, March 28 -- Wells Fargo HSBC Trade Bank (The Trade Bank) begins its tenth year announcing the opening of its newest office today in Chicago. New Regional Vice President Lynn Durning has been named to head up the new location at 230 West Monroe Street, Suite 2900. The addition of a Chicago office makes a total of 12 for the joint venture combining Wells Fargo's breadth of financial services with HSBC's extensive network of international locations. The Trade Bank delivers financing solutions and payments expertise to middle market companies engaged in international trade and is the only nationally chartered bank exclusively dedicated to this purpose.

"We understand this vital market, and we're seeing a definite growth in the need for our import-export expertise in Chicago and throughout the region," said Durning. " Our new Chicago office positions us to provide financial services locally to companies in the greater Midwest that are engaged in international commerce."

The Trade Bank -- one of "The Major Trade Banks" according to World Trade magazine (April 2004) -- helps local companies increase international sales while reducing risk, accelerating cash flow and improving operating margins. Using Wells Fargo's ... // 50% Remaining