PU6D HSBC Holdings (ADR)

HSBC Bank Announces Updates to Its Financial Wellness Center

(“HSBC”), part of HSBC Group, one of the world’s largest banking and financial services organizations, today announced updates to its that include more than 30 new modules and an enhanced mobile experience.1 Given the unique circumstances of today’s economic environment, these additions provide Americans, irrespective of location and financial situation, with the tools they need to create a personalized learning journey tailored to their financial needs. These updates emphasize the bank’s commitment to investing in financial literacy to support small businesses and provide users with improved resources during times of financial hardship.

The is powered by EVERFI, a leading social impact education innovator. Topics covered in the new program include banking basics, building financial capabilities, retirement planning, homeownership, small business basics and financial caregiving, among others. Additionally, the HSBC Financial Wellness Center will offer increased customization, prompting users to complete a brief survey that will tailor a personalized playlist of sequences to complete relative to their individual financial goals.

“Today’s economic environment is creating uncertainty for many individuals on how to best keep themselves financially prepared and ensure they are set up for long-term financial success, no matter what external curveballs are thrown their way,” said Michael Rogan, Head of Corporate and Strategic Partnerships, HSBC USA. “Our goal is to provide consumers with opportunities to enhance their financial wellness through content that is specific to their individual needs. The upgrades we have made to the HSBC Financial Wellness Center create greater accessibility to a wider range of consumers across all life stages, reaffirming our commitment to transform and empower communities through financial literacy.”

Launched in March 2019, the HSBC Financial Wellness Center is available to anyone aiming to advance their financial savvy, whether a client of HSBC or not, as well as HSBC’s corporate partners who can share it with their employees. The entire site, currently available in both English and Spanish, will be offered in Mandarin Chinese beginning on April 27.

For more information about HSBC’s financial wellness offerings, visit .

Note to editors

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through retail banking and wealth management, commercial banking, private banking, and global banking and markets segments. It operates bank branches in: California; Connecticut; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a Member of FDIC. Investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in Europe, Asia, North America, Latin America, and the Middle East and North Africa. With assets of $2,715bn at 31 December 2019, HSBC is one of the world’s largest banking and financial services organisations.

1 HSBC offers the Modules for educational purposes only and they should not be considered professional or investment advice. While HSBC is pleased to offer the Modules as an educational service to our customers, HSBC does not guarantee, warrant or recommend the opinion or advice or the product and/or services offered or mentioned in these Modules. Any opinions, judgments, advice, statements, services, offers or other information presented within a Modules are those of a third party and not HSBC. For a comprehensive review of your personal finances, always consult with a tax or legal advisor. Neither HSBC, nor any of its representatives may give legal or tax advice.

For your convenience, HSBC may establish links within these Modules to one or more other websites or blog posts independently operated by third parties. HSBC has no control, oversight or responsibility over any such other websites or contents therein. The existence of any such links shall not constitute a warranty or an endorsement by HSBC of such website, the contents of the websites or the operators of the websites. You access them entirely at your own risk.

EN
09/04/2020

Underlying

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

Reports on HSBC Holdings (ADR)

 PRESS RELEASE

Wealthiest Investors Spread a Wider Net in Drive for Global Diversific...

NEW YORK--(BUSINESS WIRE)-- The world’s wealthiest investors are becoming more mobile as they plan for additional residences around the world and seek out global opportunities for their assets and businesses. HSBC’s report shows how wealthy business owners share a global mindset – where national and regional borders are viewed as opportunities rather than obstacles. The report is based on a survey of high net worth (HNW) and ultra high net worth (UHNW) entrepreneurs about their attitudes towards their wealth and businesses in international markets. It focuses on five key global wealth hub...

 PRESS RELEASE

Highest-Performing Companies to Dominate Fundraising in Venture Health...

NEW YORK--(BUSINESS WIRE)-- The venture healthcare market saw a return to new investment, up 30% versus 2023, but not without careful consideration of risk, with larger syndications of investors raising early-stage mega rounds or shifting focus to later-stage, leading to fewer small Seed and Series A deals, according to the annual . “In 2023 and 2024, many companies that raised insider extensions have not had the ‘rubber hitting the road’ moments as expected, so it’s likely that we see after-effects, including substantial consolidation and shut-downs as companies struggle to secure that next...

 PRESS RELEASE

HSBC appoints Lisa McGeough as President and CEO for the United States

NEW YORK--(BUSINESS WIRE)-- HSBC announced that Lisa McGeough has officially been appointed President and Chief Executive Officer for the United States, effective January 1, 2025. In this role, Lisa will lead the next phase of growth for the United States, overseeing all businesses in the region. She will also drive the expansion of the newly integrated wholesale business, Corporate and Institutional Banking, in North America. Lisa will be based in New York City. This press release features multimedia. View the full release here: (Photo: Business Wire) Lisa will report to Michael Roberts in h...

 PRESS RELEASE

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 7.75% to 7.50%, effective tomorrow, 12/19/2024. 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. ...

 PRESS RELEASE

HSBC Launches New Mortgage Assistance Program–CommunityWorks Opening D...

NEW YORK--(BUSINESS WIRE)-- HSBC announced today the launch of , a new program that offers home loan grants to homebuyers in underserved counties in California, Florida, New York, New Jersey, Virginia, Washington and the District of Columbia. It is effective January 1, 2025. The new grant provides up to $25,000 in down payment assistance for homebuyers who are buying a home with an HSBC CommunityWorks mortgage, an existing product that offers $5,000 in closing cost assistance, financing up to 97% of a property’s appraised value, and no private mortgage insurance (PMI) requirement, among othe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch