HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate
NEW YORK--(BUSINESS WIRE)--Dec 19, 2018--HSBC Bank USA, N.A. and its affiliates announced that they raised their prime and reference rate to 5.50% from 5.25%, effective Thursday, Dec. 20, 2018.
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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KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: HSBC Bank USA, N.A.
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PUB: 12/19/2018 05:15 PM/DISC: 12/19/2018 05:16 PM