HSBC Bank USA, N.A. And Affiliates Raise Prime and Reference Rate
December 13 2017 - 5:55PM
Business Wire
HSBC Bank USA, N.A. and its affiliates announced that they
raised their prime and reference rate to 4.50% from 4.25%,
effective Thursday, December 14, 2017.
Notes 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;
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.
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Media enquiries:HSBC Bank
USA, N.A.Rob Sherman, +1
212-525-6901robert.a.sherman@us.hsbc.com
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