HSBC HOLDINGS PLC. overview

HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 8.50% from 8.25%, effective tomorrow. About HSBC 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...

HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. The launch further demonstrates the bank’s commitment to lead wealth management in Asia, by offering world-class wealth solutions, global private banking expertise, an extensive international network, and access to commercial...

HSBC Group has announced that it led a $125 million refinancing deal for IG Design Group plc (Design Group), one of the world's leading designers, innovators and manufacturers of gift packaging, celebrations, craft and creative play, stationery, gifting, and related product categories. The deal was spearheaded by HSBC USA, structured by HSBC USA’s Asset Based Lending team, and supported by HSBC UK, with the bank providing a total of $75 million in funding. The remaining $50 million was...

HSBC Bank USA, in partnership with NYU Stern Center for Sustainable Business (CSB), today announced the release of the Food and Agriculture Sustainability Strategies Framework. Grounded in the ROSI™ (Return on Sustainability Investment) methodology developed by CSB, the unique framework helps sustainability and financial leaders within food and agriculture companies make the business case for sustainability initiatives that will deliver both financial value and positive societal impact. The...

HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 8.25% from 8.00%, effective tomorrow. About HSBC 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...

HSBC today announced the launch of the HSBC AI Global Tactical Index (HSBC AIGT), which will use machine learning powered by Amazon Web Services, Inc. (AWS) in conjunction with equity investing. The HSBC AIGT index was developed by HSBC and leverages the artificial intelligence (AI) capabilities of AWS to carry out an AI-based index investment process. HSBC AIGT uses AWS AI services to analyze and learn from data thousands of times faster than humans, enabling the index to automatically adapt...

New research commissioned by HSBC reveals how international investors are making both personal finance and investing decisions as they cross borders and move overseasꟷthe U.S. is the leading destination among international investors in our survey, with 27% investing there, followed by 20% investing in the UK. From an investing perspective, study findings showed: 67% of international investors plan on investing in their new location 68% of international investors would do more overseas...

HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 8.00% from 7.75%, effective tomorrow. About HSBC 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...