HSBC Bank USA, N.A. and Affiliates Lower Prime and Reference Rate
October 30 2019 - 4:13PM
Business Wire
HSBC Bank USA, N.A., and its affiliates announced that they have
lowered their prime and reference rates to 4.75% from 5.00%,
effective Oct. 31, 2019.
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;
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/20191030006131/en/
Media enquiries to: Rob Sherman 212-525-6901
robert.a.sherman@us.hsbc.com
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