About HSBC in the USA HSBC North America Holdings Inc

Total Page：16

File Type：pdf, Size：1020Kb

About HSBC in the USA HSBC North America Holdings Inc. is the holding company for HSBC Holdings plc's operations in the United States with assets of US$307.8bn (US GAAP) at 30 June 2017. The company’s businesses serve customers in the following key areas: retail banking and wealth management, commercial banking, private banking, and global banking and markets. HSBC Bank USA, National Association (HSBC Bank USA, N.A.), with assets of US$191.9bn (US GAAP) at 30 June 2017, 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; Delaware; 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 the 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 Finance Corporation, through its subsidiaries, owns and services a portfolio of residential real estate loans. HSBC Finance Corporation is a subsidiary of HSBC North America Holdings Inc. 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. The HSBC Group HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 3,900 offices in 67 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,492bn at 30 June 2017, HSBC is one of the world’s largest banking and financial services organizations. (September 2017) .

Copy Link

Recommended publications

Retail Banking Announcement
Frequently asked questions 26 May 2021 What the repositioning of the HSBC USA Wealth and Personal Banking business means for our customers, here and abroad Why did HSBC take this action? In February 2020, we set out a plan to shift our business strategy in the United States to maximize the connection between our clients and our world-class international network. Our primary business will be a wholesale bank focused on the international needs of clients. We are renewing our emphasis on the US$5 trillion international wealth management opportunity from globally mobile and affluent individuals in the United States. Is HSBC exiting the United States? No, HSBC is not exiting its US business. We aim to be the leading international bank in the United States and are focused on what we do best – connecting Americans to a world of opportunity and bringing cross-border business and investment to the United States. We will continue to provide banking services not only to our wholesale banking clients, but also to our Premier, Jade and Private Banking customers. I have personal accounts at HSBC and I’m in the United States. How will these agreements affect me? Upon completion of the transactions, the accounts of in-scope customers will be transferred to Citizens or Cathay Bank. We thank those customers for their business and will ensure the transfer occurs with as minimum disruption as possible. Premier, Jade, Private Banking and other clients who will remain HSBC customers are in the process of being transitioned to one of our new 20-25 Wealth Centers.
[Show full text]
24 June 2019 (Hong Kong Stock Code: 5) HSBC HOLDINGS PLC
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. 24 June 2019 (Hong Kong Stock Code: 5) HSBC HOLDINGS PLC FIRST INTERIM DIVIDEND FOR 2019 On 3 May 2019, the Directors of HSBC Holdings plc declared the first interim dividend for 2019 of US$0.10 per ordinary share. The dividend is payable on 5 July 2019 to holders of record on 17 May 2019 on the Principal Register in the United Kingdom or the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register. The dividend is payable in cash in United States dollars, sterling or Hong Kong dollars, or a combination of these currencies, and with a scrip dividend alternative. Dividends payable in cash in Hong Kong dollars or sterling were converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 24 June 2019 (US$1=HK$7.812757 and £1=US$1.276039). Accordingly, the cash dividend payable on 5 July 2019 will be: US$0.10 per share; approximately HK$0.781276 per share; or approximately £0.078368 per share. For holders of American Depositary Shares ('ADSs'), each of which represents five ordinary shares, the cash dividend payable will be US$0.50 per ADS.
[Show full text]
Renminbi Deposit Account Terms and Conditions
Renminbi Deposit Account Terms and Conditions HSBC Bank (Singapore) Limited (the “Bank”) 1. In opening and maintaining a Renminbi Time Deposit Account and/or Renminbi Everyday Global Account (each, a “Renminbi Deposit Account”), you (hereinafter referred to as “you” or the “Account Holder”) agree to be bound by the Bank’s Terms and Conditions Governing Personal Deposit Accounts and the following terms and conditions (the “Renminbi Deposit Account Terms and Conditions”). Unless otherwise expressly stated, in the event of conflict or inconsistency, the Renminbi Deposit Account Terms and Conditions will apply to the extent of the conflict or inconsistency. 2. Offshore Renminbi “CNY”( ) is different from that of the Renminbi deliverable in Mainland China. Customers should be reminded of the conversion and liquidity risks of CNY due to supply and demand, and the issue of the availability of an active secondary market. 3. CNY denominated notes will not be accepted for deposit placement. Deposits into any Renminbi Deposit Account shall only be by way of: i) foreign exchange conversion from non-CNY denominated currency(ies); ii) transfer between a Renminbi Time Deposit account and a Renminbi Everyday Global Account opened hereunder; or iii) subject to Clause 4 below, an inward telegraphic transfer of CNY-denominated funds from an account located in an area allowed by rules and regulations issued from time to time by the People’s Republic of China and/or other relevant authorities. 4. The Bank may accept an inward telegraphic transfer of CNY-denominated funds on your behalf on condition that: i) such transfer of CNY-denominated funds is effected from an account located in an area allowed by rules and regulations issued from time to time by the People’s Republic of China and/or other relevant authorities ; and ii) such CNY-denominated funds are credited directly into your Renminbi Deposit Account.
[Show full text]
1 United States District Court Eastern District of New York
Case 1:18-cv-07359-PKC-CLP Document 90 Filed 01/07/21 Page 1 of 21 PageID #: <pageID> UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK -------------------------------------------------------x KATHALEEN FREEMAN, et al., Plaintiffs, MEMORANDUM & ORDER 18-CV-7359 (PKC) (CLP) - against - 19-CV-2146 (PKC) (CLP) HSBC HOLDINGS PLC, HSBC BANK PLC, HSBC BANK MIDDLE EAST LIMITED, HSBC BANK USA, N.A., BARCLAYS BANK PLC, STANDARD CHARTERED BANK, ROYAL BANK OF SCOTLAND, N.V., CREDIT SUISSE AG, BANK SADERAT PLC, COMMERZBANK AG, and JOHN DOES 1–50, Defendants. -------------------------------------------------------x RYAN BOWMAN, et al., Plaintiffs, - against - HSBC HOLDINGS PLC, HSBC BANK PLC, HSBC BANK MIDDLE EAST LIMITED, HSBC BANK USA, N.A., BARCLAYS BANK PLC, STANDARD CHARTERED BANK, ROYAL BANK OF SCOTLAND, N.V., CREDIT SUISSE AG, BANK SADERAT PLC, COMMERZBANK AG, and JOHN DOES 1–50, Defendants. -------------------------------------------------------x PAMELA K. CHEN, United States District Judge: In November 2014, a group of American citizens killed or injured by terrorist attacks in Iraq between 2004 and 2011, and/or their families, filed an action, Freeman, et al. v. HSBC Holdings PLC, et al., 14-CV-6601 (PKC) (CLP) (“Freeman I”), against ten banking institutions— HSBC Holdings, PLC, HSBC Bank PLC, HSBC Bank Middle East Ltd., and HSBC Bank USA, 1 Case 1:18-cv-07359-PKC-CLP Document 90 Filed 01/07/21 Page 2 of 21 PageID #: <pageID> N.A. (the “HSBC Defendants”); Barclays Bank PLC; Standard Chartered Bank; Royal Bank of Scotland, N.V.; Credit Suisse AG; Bank Saderat PLC (“Bank Saderat”)1; and Commerzbank AG (“Commerzbank”)—as well as John Does 1–50, seeking damages pursuant to the Antiterrorism Act (the “ATA”), 18 U.S.C.
[Show full text]
Annual Report
HSBC BANK MALTA P.L.C. Contents 2 Chairman’s Statement 5 Chief Executive Officer’s Review 8 Chief Operating Officer’s Review 10 Board of Directors 12 Financial Review 14 Report of the Directors 18 Statement of Compliance with the Principles of Good Corporate Governance 22 Remuneration Report 23 Report of the Independent Auditors to the Shareholders of HSBC Bank Malta p.l.c. pursuant to Listing Rule 8.39 issued by the Listing Authority 24 Directors’ responsibility for the Financial Statements 25 Income Statements 26 Balance Sheets 27 Statements of Changes in Equity 29 Cash Flow Statements 30 Notes on the Accounts 84 Report of the Independent Auditors to the Shareholders of HSBC Bank Malta p.l.c. 86 Group Income Statement: Five-Year Comparison 87 Group Balance Sheet: Five-Year Comparison 88 Group Cash Flow Statement: Five-Year Comparison 89 Group Accounting Ratios: Five-Year Comparison 90 Group Financial Highlights in US dollars 91 Branches and Offices HSBC BANK MALTA P.L.C. Chairman’s Statement I am pleased to advise that 2008 was a satisfactory year the year the bank also issued §30.0 million worth of for HSBC Bank Malta p.l.c. in spite of the challenging subordinated bonds which attracted an overwhelming world economy. response and were oversubscribed on the first day. This shows the confidence the investment public has in our Results organisation and its future performance. HSBC Bank Malta p.l.c., a subsidiary of London- Profit before taxation was §96.1 million. This represents based HSBC Holdings plc, remains the largest and a decrease of 16.2 per cent over prior year but is most profitable company listed on the Malta Stock satisfactory taking into account a number of exceptional Exchange.
[Show full text]
Hsbc Premier Terms & Charges Disclosure
HSBC PREMIER The following information was correct as of 09/24/2021 Have questions or need current rate information? TERMS & CHARGES DISCLOSURE1 Call us at 888.662.HSBC (4722) It's important that you understand exactly how your HSBC Premier checking account works. We've created this summary to explain the fees and some key terms of your account. To qualify you must be a consumer and maintain: Balances of $75,000 in qualifying balances (see qualifying balance section); OR Monthly recurring direct deposits2 totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of ELIGIBILITY multiple mortgages. Home Equity products are not included. Participation in HSBC Jade is available to holders of an HSBC Premier Checking Account who have maintained qualifying Personal Cash Accounts and Personal Investment Assets (excluding Retirement Accounts and Assets) in the United States which in aggregate and calculated as an average over each calendar month are equal to at least $1,000,000 (One million U.S. dollars) for a period of at least 1 calendar month (a “Qualifying Balance”) immediately prior to HSBC Premier Account Holders becoming HSBC Jade clients. As a HSBC Jade client, if you are no longer able to meet the HSBC Jade criteria, your access to all its benefits will be removed. RATE Minimum Balance to Obtain APY Interest Rate Annual Percentage Yield (APY) INFORMATION (For more details $5 or more 0.01% 0.01% see HOW INTEREST AND APY WORK section Less than $5 No Interest Earned No APY Earned in the Rules)3 Minimum Balance requirements to earn interest are met by maintaining a “Daily Balance” of specified dollar amounts in your relationship checking account.3 Method Used to Compute Daily This method applies a daily periodic rate to the principal in the account ADDITIONAL Interest Balance each day.
[Show full text]
Notice of Annual General Meeting to Be Held on 22 May 2009
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to any aspect of the proposals referred to in this document or as to the action you should take, you should consult a stockbroker, solicitor, accountant or other appropriate independent professional adviser. If you have sold or transferred all your shares in HSBC Holdings plc (the “Company”), you should at once forward this document and the accompanying Form of Proxy to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. This document should be read in conjunction with the Annual Report and Accounts and/or Annual Review in respect of the year ended 31 December 2008. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. The ordinary shares of HSBC Holdings plc trade under stock code 5 on The Stock Exchange of Hong Kong Limited. Shareholders may at any time choose to receive corporate communications in printed form or to receive notifications of their availability on HSBC’s website. To receive future notifications of the availability of corporate communications on HSBC’s website by email, or revoke or amend an instruction to receive such notifications by email, go to www.hsbc.com/ecomms.
[Show full text]
DTC Participant Alphabetical Listing June 2019.Xlsx
DTC PARTICPANT REPORT (Alphabetical Sort ) Month Ending - June 30, 2019 PARTICIPANT ACCOUNT NAME NUMBER ABN AMRO CLEARING CHICAGO LLC 0695 ABN AMRO SECURITIES (USA) LLC 0349 ABN AMRO SECURITIES (USA) LLC/A/C#2 7571 ABN AMRO SECURITIES (USA) LLC/REPO 7590 ABN AMRO SECURITIES (USA) LLC/ABN AMRO BANK NV REPO 7591 ALPINE SECURITIES CORPORATION 8072 AMALGAMATED BANK 2352 AMALGAMATED BANK OF CHICAGO 2567 AMHERST PIERPONT SECURITIES LLC 0413 AMERICAN ENTERPRISE INVESTMENT SERVICES INC. 0756 AMERICAN ENTERPRISE INVESTMENT SERVICES INC./CONDUIT 7260 APEX CLEARING CORPORATION 0158 APEX CLEARING CORPORATION/APEX CLEARING STOCK LOAN 8308 ARCHIPELAGO SECURITIES, L.L.C. 0436 ARCOLA SECURITIES, INC. 0166 ASCENSUS TRUST COMPANY 2563 ASSOCIATED BANK, N.A. 2257 ASSOCIATED BANK, N.A./ASSOCIATED TRUST COMPANY/IPA 1620 B. RILEY FBR, INC 9186 BANCA IMI SECURITIES CORP. 0136 BANK OF AMERICA, NATIONAL ASSOCIATION 2236 BANK OF AMERICA, NA/GWIM TRUST OPERATIONS 0955 BANK OF AMERICA/LASALLE BANK NA/IPA, DTC #1581 1581 BANK OF AMERICA NA/CLIENT ASSETS 2251 BANK OF CHINA, NEW YORK BRANCH 2555 BANK OF CHINA NEW YORK BRANCH/CLIENT CUSTODY 2656 BANK OF MONTREAL, CHICAGO BRANCH 2309 BANKERS' BANK 2557 BARCLAYS BANK PLC NEW YORK BRANCH 7263 BARCLAYS BANK PLC NEW YORK BRANCH/BARCLAYS BANK PLC-LNBR 8455 BARCLAYS CAPITAL INC. 5101 BARCLAYS CAPITAL INC./LE 0229 BB&T SECURITIES, LLC 0702 BBVA SECURITIES INC. 2786 BETHESDA SECURITIES, LLC 8860 # DTCC Confidential (Yellow) DTC PARTICPANT REPORT (Alphabetical Sort ) Month Ending - June 30, 2019 PARTICIPANT ACCOUNT NAME NUMBER BGC FINANCIAL, L.P. 0537 BGC FINANCIAL L.P./BGC BROKERS L.P. 5271 BLOOMBERG TRADEBOOK LLC 7001 BMO CAPITAL MARKETS CORP.
[Show full text]
HSBC Bank USA, N.A. Global Opportunity Certificates of Deposit TM with Minimum Return
HSBC Bank USA, N.A. Global Opportunity Certificates of Deposit TM With Minimum Return FINAL TERMS CD Description The Global Opportunity CDs provide exposure to Issuer HSBC Bank USA, N.A. potential price appreciation in a basket of global equity Issue 6 Year Global Opportunity CD with indices and if held to maturity, 100% principal protection. Minimum Return These CDs can help reduce and diversify portfolio risk by providing broad exposure to equity markets in the Issuer Rating AA (S&P), Aa3 (Moody’s) U.S., Europe and Hong Kong/China. The principal protection applies only if held to maturity. Denomination US Dollars (USD) Trade Date April 21, 2010 Highlights Index Set Date April 22, 2010 Growth Potential: Depositors receive uncapped Settlement Date April 27, 2010 upside participation in the quarterly average performance of a basket of three global equity Maturity Date April 27, 2016 indices. Issue Price 100.00% Guaranteed Minimum Return: Regardless of the index performance, depositors will receive at least a Index Basket The Hang Seng Index (1/3) 3.00% total aggregate return if held to maturity. and Weightings S&P 500® Index (1/3) DJ EURO STOXX 50® Index (1/3) FDIC Insurance: This deposit qualifies for FDIC coverage generally up to $250,000 in aggregate for Redemption Principal Amount x (100% + the individual depositors through December 31, 2013 and Proceeds At greater of the Minimum Return and thereafter $100,000, and up to $250,000 in aggregate for Maturity the Final Basket Return) certain retirement plans and accounts, including IRAs Final Basket The average of the three Index IRA-eligible.
[Show full text]
Student Accounts
Student Accounts Students have unique banking needs. Whether you’re from the U.S. or overseas, you’ll feel right at home with HSBC accounts designed with you in mind. With access to student checking, savings and a credit card designed specifically for students, you’ll have all the tools you need to start building your credit history today so you can make the most out of tomorrow. Deposit Accounts Cash Rewards Mastercard® Credit Card HSBC Choice Checking offers students the value you are Student Account looking for. With no monthly maintenance fee for 6 years The HSBC Cash Rewards Mastercard® credit card Student 1 from account opening, and the option to link to a Savings Account offers convenience, cash back and a great way to account, it’s the smart way to bank. help you establish credit. Choice Checking Student Offer Build your credit • No monthly maintenance fee for 6 years from • No credit history required for approval7 account opening1 • Lower credit limits to help support responsible credit card use • No minimum deposit required2 • Make monthly payments to establish good payment habits HSBC Direct Savings Account3 • View your FICO® Credit Score for free on your HSBC Credit Card statement • $0 monthly maintenance fee • Variable Purchase APR8 of 13.99% to 23.99% • $1 minimum balance for account opening in New Money4 5 • An online-only, high-yield personal savings account Earn cash back • 1.5% cash back on all your purchases Earn a $100 Welcome Deposit6 • Redeem for cash back right into your HSBC checking account Here’s how: • Open an HSBC Choice Checking account from February 16, 2020 through and including October 30, 2020, listing Apply for the Cash Rewards Mastercard® Credit Card student as your occupation on your application; and Student Account • Deposit $25 or more within 30 calendar days of account Once you set up an HSBC Checking, opening; and Savings or Certificate of Deposit account, • Maintain a Qualifying Direct Deposit of $500, OR applying is easy; stop in to any branch.
[Show full text]
Chapter 11 ) INTELSAT
Case 20-32299-KLP Doc 495 Filed 07/09/20 Entered 07/09/20 15:11:39 Desc Main Document Page 1 of 16 IN THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA RICHMOND DIVISION ) In re: ) Chapter 11 ) 1 INTELSAT S.A., et al., ) Case No. 20-32299 (KLP) ) Debtors. ) (Jointly Administered) ) DECLARATION OF DISINTERESTEDNESS OF HOGAN LOVELLS US LLP AS PROPOSED ORDINARY COURSE PROFESSIONAL I, Steven M. Kaufman, declare under penalty of perjury: 1. I am a Partner of Hogan Lovells US LLP, located at Columbia Square, 555 Thirteenth Street, NW, Washington, D.C. 2004 (“HLUS”). 2. Intelsat S.A. and its affiliates, as debtors and debtors in possession (collectively, the “Debtors”), have requested that HLUS continue to provide legal services to the Debtors as an ordinary course professional pursuant to section 327(e) of the Bankruptcy Code in the Debtors’ chapter 11 cases (collectively, the “Chapter 11 Cases”), and HLUS has agreed to provide such services. Such services may be provided by HLUS directly and/or through its affiliated businesses, including Hogan Lovells International LLP (collectively, the “Firm”), through arrangements with HLUS. 3. The Firm may have performed services in the past, may currently perform services, and may perform services in the future in matters unrelated to the Chapter 11 Cases for persons or entities that are parties in interest in the Chapter 11 Cases. See Schedule A attached 1 Due to the large number of Debtors in these Chapter 11 Cases, for which joint administration has been granted, a complete list of the Debtor entities and the last four digits of their federal tax identification numbers is not provided herein.
[Show full text]
Close Brothers Group Plc (Incorporated with Limited Liability in England and Wales with Registered Number 00520241)
PROSPECTUS DATED 8 JUNE 2021 Close Brothers Group plc (incorporated with limited liability in England and Wales with registered number 00520241) £200,000,000 2.00% Subordinated Tier 2 Notes Issue price: 99.531 per cent. The £200,000,000 2.00% Subordinated Tier 2 Notes (the “Notes”) will be issued by Close Brothers Group plc (the “Issuer”) on or about 11 June 2021 (the “Issue Date”). The terms and conditions of the Notes are set out herein in “Terms and Conditions of the Notes” below (the “Conditions”, and references to a numbered “Condition” shall be construed accordingly). The Notes will bear interest on their outstanding principal amount from (and including) the Issue Date to (but excluding) 11 September 2026 (the “Reset Date”), at a rate of 2.00 per cent. per annum and thereafter at the Reset Interest Rate as provided in Condition 5. Interest will be payable on the Notes semi-annually in arrear on each Interest Payment Date, commencing on 11 September 2021 (with a short first Interest Period from (and including) the Issue Date to (but excluding) 11 September 2021). Unless previously redeemed or purchased and cancelled, or (pursuant to Condition 7(f)) substituted, the Notes will mature on 11 September 2031 and shall be redeemed at their principal amount, together with any accrued and unpaid interest on such date. The Noteholders will have no right to require the Issuer to redeem or purchase the Notes at any time. The Issuer may, in its discretion but subject to Regulatory Approval, elect to (a) redeem all (but not some only) of the
[Show full text]