HSBC USA Inc. is a U.S. bank holding company whose principal subsidiary is HSBC Bank USA N.A. HSBC Bank USA, N.A. is a federally chartered bank that is a member bank of the Federal Deposit Insurance Corporation (FDIC) and is regulated by the Office of the Comptroller of the Currency (OCC).HSBC USA Inc. is a U.S. bank holding companybank holding companyA bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (banc/bank + ccorp[oration]) is often used to refer to these companies as well.https://en.wikipedia.org › wiki › Bank_holding_companyBank holding company - Wikipedia whose principal subsidiary is HSBC Bank USA N.A. HSBC Bank USA, N.A. is a federally chartered bank that is a member bank of the Federal Deposit Insurance Corporation (FDIC) and is regulated by the Office of the Comptroller of the Currency (OCC).
Is HSBC moving out of USA?
NEW YORK -- British banking giant HSBC says it is closing its U.S. retail banking business in order to refocus its efforts on wealth management. The bank will sell 80 East Coast branches to Citizens Bank and another 10 on the West Coast to Cathay Bank.27 May 2021
What countries is HSBC bank in?
HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2020, it was the world's sixth largest bank by total assets and market capitalization.
How big is HSBC in USA?
HSBC Bank USA, National Association (HSBC Bank USA, N.A.), with total assets of US$203.7bn as of 30 September 2016 (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.
What bank is taking over HSBC?
Cathay Bank will acquire HSBC's ten West Coast branches. The deal gives Citizens a much bigger presence in the important New York market, where it will be in the top 25 retail banks, according to the Philadelphia Business Journal.3 Jun 2021
Does HSBC work in USA?
HSBC has been connecting Americans to global opportunities since 1865. We serve customers from offices and branches in cities across the United States including New York, Los Angeles, Chicago, Atlanta, Houston, Seattle, Miami, San Francisco, and Washington, DC.
How do I contact HSBC Customer Service?
- Personal Banking: 800.975.4722.
- HSBC Premier: 888.662.4722.
- HSBC Advance: 866:584.4722.
- Business Banking: 833.722.4722.
- Mortgage Customer Service: 855.527.8400.
- Premier Mortgage Customer Service: 855.806.4660.
- Jade Mortgage Customer Service: 855.806.4661.
- Private Bank Mortgage Customer Service: 855.806.4664.
Does HSBC have branches in USA?
The company has 159 branch locations. On , HSBC announced that it would abandon the United States retail market as part of a pivot to Asia.
Does HSBC have an email?
Individuals. Most personal banking customers will receive messages from HSBC by post or via their online banking service. We use SecureMail, an encrypted email service, to send these messages.
Where is HSBC headquarters in USA?
Type Subsidiary of HSBC Holdings plc
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Headquarters 452 Fifth Avenue, New York City, New York, USA
Number of locations 148 Branches (as of 2021)
Key people Michael Roberts (Chairman, President, and CEO)
Products Financial services
Does HSBC operate in USA?
HSBC USA It operates bank branches in: California; 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.
What is the #1 bank in America?
Rank Bank Name Total Assets
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1 JPMorgan Chase $2.87 Trillion
2 Bank of America $2.16 Trillion
3 Wells Fargo & Co. $1.75 Trillion
4 Citigroup $1.65 Trillion
Is HSBC a big bank?
The United Kingdom's largest bank - HSBC Holdings plc - is a multinational bank and financial services organization based in London. It is not only the largest bank in its home country but is also the largest bank in Europe by market capitalization, and one of the largest banks globally by total assets.2 Dec 2021