HSBC Bank USA, N.A. And Affiliates Raise Prime and Reference Rate
June 14 2017 - 6:20PM
Business Wire
HSBC Bank USA, N.A. and its affiliates announced that they
raised their prime and reference rate to 4.25% from 4.00%,
effective Thursday, June 15, 2017.
Notes to editors:
HSBC Bank USA, National Association (HSBC Bank USA,
N.A.), with total assets of US$200.4bn as of 31 March 2017 (US
GAAP), serves 2.4 million customers through retail banking and
wealth management, commercial banking, private banking, asset
management, and global banking and markets segments. It operates
more than 228 bank branches throughout the United States. There are
144 in New York as well as branches in: California; Connecticut;
Delaware; Washington, D.C.; Florida; Maryland; New Jersey;
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
the FDIC.
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version on businesswire.com: http://www.businesswire.com/news/home/20170614006253/en/
Media enquiries:HSBC North America Holdings Inc.Rob
Sherman, +1 212-525-6901robert.a.sherman@us.hsbc.com
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