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Stock impact report

HSBC Bank USA, N.A. And Affiliates Raise Prime and Reference Rate

HSBC HOLDINGS (HSEA) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- HSBC Bank USA, N.A. and its affiliates announced that they raised their prime and reference rate to 4.50% from 4.25%, effective Thursday, December 14, 2017. Notes 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 the FDIC. Investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/ SIPC) and insurance products are provided through HSBC Insuranc Show less Read more
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