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Industry Center > > HSBC USA Inc. Company Profile
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HSBC USA Inc. Company Profile
HSBC USA, a subsidiary of British banking behemoth HSBC Holdings, operates HSBC Bank USA, one of the biggest foreign-owned banks in the country by assets. With about 175 offices (including 115 in New York City), the bank has one of the largest branch networks in New York State, plus more than 100 additional locations in about a dozen other states and Washington, DC; California, New Jersey, and Florida are its next largest markets. The bank offers personal, commercial, and mortgage banking services. Its personal financial services segment provides mutual funds, investments, and insurance. HSBC Bank USA also offers investment banking, private banking, brokerage, and trust services.
Headlines for HSBC USA Inc.
HSBC boss can do more to cut bank down to size
- Sun May 12
HSBC targets additional $2-3 billion cost savings by 2016
- Wed May 15
HSBC may cut 14,000 more jobs as revenue faces pressure
- Wed May 15
HSBC profits nearly double as costs and bad debts fall
- Tue May 7
HSBC says rupee better suited to stand USD strength
- Tue 6:56 am ET
HSBC to make up to $3 billion in new cuts
- Wed May 15
Ex-Goldman banker Thornton steps down from HSBC board
- Mon 9:55 am ET
HSBC may cut 14,000 more jobs in cost-cutting drive
- Wed May 15
HSBC announces $2 billion to 3 billion in new cuts
- Wed May 15
HSBC says will be challenge to hit RoE target this year
- Wed May 15
Contact Information
Address: 452 5th Ave.
New York, NY 10018
Phone:212-525-5000
Fax:
Financial Highlights
Fiscal Year End:December
Revenue (2011):5695.00 M
Revenue Growth (1 yr):(-34.80%)
Employees (2011):9,000
Employee Growth (1 yr):(-25.00%)
Key People
President, CEO, and Director: Irene M. Dorner
SEVP Head of Retail Banking and Wealth Management: Kevin R. Martin
EVP and Head of Private Banking: Marlon Young
Industry Information
Sector:
Industry:
Top Competitors
Bank of America Corporation (bac)
Citibank, N.A.
JPMorgan Chase & Co. (jpm)
 


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