PU6D HSBC Holdings (ADR)

HSBC Bank USA, N.A. and Affiliates Reduces Prime and Reference Rate

NEW YORK--(BUSINESS WIRE)--

HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 8.50% to 8.00%, effective tomorrow.

About HSBC

HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc.

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$2,975bn at 30 June 2024, HSBC is one of the world’s largest banking and financial services organizations.

EN
19/09/2024

Underlying

PU6DHSBC Holdings (ADR)

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on HSBC Holdings (ADR)

 PRESS RELEASE
Free
PU6D HSBC Holdings (...

HSBC Asset Management Appoints Pete Scott to Lead Venture Debt Offerin...

SAN FRANCISCO--(BUSINESS WIRE)-- HSBC Asset Management (HSBC AM) has appointed Pete Scott as Head of Innovation Credit as the business extends its alternatives credit capabilities through the development of its venture debt strategy. This press release features multimedia. View the full release here: HSBC Asset Management (HSBC AM) appointed Pete Scott as Head of Innovation Credit. (Photo: Business Wire) The new capability is being developed in partnership with HSBC Innovation Banking, which has become one of the most active providers of venture debt across the markets it serves. The asset se...

November 25, 2024 1 EN
 PRESS RELEASE
Free
PU6D HSBC Holdings (...

HSBC and National Community Reinvestment Coalition (NCRC) Announce $25...

NEW YORK--(BUSINESS WIRE)-- HSBC and the National Community Reinvestment Coalition (NCRC) announced a four-year, $25 million community growth initiative today, as part of HSBC’s broader strategy to drive responsible banking practices and promote financial equity across its U.S. footprint and designed to address concerns raised by NCRC. The partnership, which begins January 2025, aims to expand economic opportunities in low and moderate-income, diverse, and underserved communities through a combination of loan subsidies, community development grants, and philanthropic donations. HSBC’s invest...

November 20, 2024 1 EN
 PRESS RELEASE
Free
PU6D HSBC Holdings (...

HSBC Global Entrepreneurial Wealth Report: U.S. Entrepreneurs Optimist...

NEW YORK--(BUSINESS WIRE)-- reveals that an impressive 94% of U.S. HNW and UHNW entrepreneurs are optimistic about future business prospects, and 88% believe their wealth will grow in the next 12 months, even as markets face uncertainties. The study, conducted by Ipsos UK on behalf of HSBC Global Private Banking across ten markets—including the U.S., UK, Switzerland, China, and UAE—surveyed 1,798 HNW and UHNW business owners who chose to take part in the survey with at least $2 million in investable assets, and included interviews with both first-generation and multi-generational entreprene...

November 14, 2024 1 EN
 PRESS RELEASE
Free
PU6D HSBC Holdings (...

HSBC Bank USA, N.A. and Affiliates Reduces Prime and Reference Rate

NEW YORK--(BUSINESS WIRE)-- HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 8.00% to 7.75%, effective tomorrow. ends/more About HSBC HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSB...

November 8, 2024 1 EN
 PRESS RELEASE
Free
PU6D HSBC Holdings (...

HSBC US Head of Wealth, Premier and Global Private Banking Racquel Ode...

NEW YORK--(BUSINESS WIRE)-- HSBC US Head of Wealth, Premier and Global Private Banking Racquel Oden was awarded the London Stock Exchange Group Global Executive Leader Award at the 2024 Powerlist Black Excellence Awards. This press release features multimedia. View the full release here: HSBC US Head of Wealth, Premier and Global Private Banking Racquel Oden was awarded the London Stock Exchange Group Global Executive Leader Award at the 2024 Powerlist Black Excellence Awards. (Photo: Business Wire) The award recognizes an outstanding leader, based outside the UK, who has demonstrated exceptio...

October 28, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch