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![]() Headquarters at 452 Fifth Avenue | |
Formerly | Hongkong and Shanghai Banking Corporation of California (1955–1979) Marine Midland Bank, N.A. (1980–1999) Marine Midland Banks Inc (1929–1995) HSBC Americas (1995–1999) |
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Company type | Subsidiary |
Industry | Finance and Insurance |
Founded | July 10, 1850 |
Founders | James S. Wadsworth |
Headquarters | 452 Fifth Avenue, New York City, New York, U.S. |
Number of locations | 148 Branches (until Feb 18, 2022) 20-25 International Wealth Center (Beginning Feb 22, 2022) |
Key people | Michael Roberts (chairman, president, and CEO) |
Products | Financial services |
Number of employees | 43,000 (including HSBC Finance) |
Parent | HSBC |
Website | www |
HSBC Bank USA, National Association, an American subsidiary of the British banking group HSBC, is a bank with its operational head office in New York City and its nominal head office in Tysons, Virginia (as designated on its charter). HSBC Bank USA, N.A. is a national bank chartered under the National Bank Act, and thus is regulated by the Office of the Comptroller of the Currency (OCC), a part of the U.S. Department of the Treasury.
Although this company was established in 1850 as Marine Midland Bank, its presence dates to 1865 when HSBC entered into the American market by opening an office in San Francisco before becoming a branch in 1875. Through multiple expansions nationwide and the full acquisition of Marine Midland in 1987, the company adopted its current HSBC USA name in 1999.
The company has 22 branch locations, down from the previous 148 before divesting its retail banking business to Citizens Financial Group, Cathay Bank and KeyBank in 2021.[1]
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