HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate
September 26 2018 - 5:49PM
Business Wire
HSBC Bank USA, N.A. and its affiliates announced that they
raised their prime and reference rate to 5.25% from 5.00%,
effective Thursday, Sept. 27, 2018.
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;
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 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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version on businesswire.com: https://www.businesswire.com/news/home/20180926006075/en/
Media enquiries to:HSBC Bank USARob Sherman,
212-525-6901robert.a.sherman@us.hsbc.com
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