{"id":687804,"date":"2022-09-21T18:03:08","date_gmt":"2022-09-21T22:03:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hsbc-bank-usa-n-a-and-affiliates-raise-prime-and-reference-rate-4\/"},"modified":"2022-09-21T18:03:08","modified_gmt":"2022-09-21T22:03:08","slug":"hsbc-bank-usa-n-a-and-affiliates-raise-prime-and-reference-rate-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hsbc-bank-usa-n-a-and-affiliates-raise-prime-and-reference-rate-4\/","title":{"rendered":"HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 6.25% from 5.50%, effective tomorrow.\n<\/p>\n<p><b>About HSBC<\/b><\/p>\n<p><b>HSBC USA Inc.<\/b> (&#8220;HUSI&#8221;) 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 businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc.\n<\/p>\n<p><b>HSBC Holdings plc<\/b>, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 63 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,985bn at 30 June 2022, HSBC is one of the world\u2019s largest banking and financial services organisations.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220921006003r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220921006003\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220921006003\/en\/<\/a><\/span><\/p>\n<p><b>Media enquiries to:<\/b><\/p>\n<p>\nJack Mullin<br \/>\n<span class=\"bwuline\"><br \/><\/span>External Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jack.f.mullin@us.hsbc.com\">Jack.f.mullin@us.hsbc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate NEW YORK&#8211;(BUSINESS WIRE)&#8211; HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 6.25% from 5.50%, effective tomorrow. About HSBC HSBC USA Inc. (&#8220;HUSI&#8221;) 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 businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Holdings plc, the parent company of HSBC, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hsbc-bank-usa-n-a-and-affiliates-raise-prime-and-reference-rate-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687804","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hsbc-bank-usa-n-a-and-affiliates-raise-prime-and-reference-rate-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate NEW YORK&#8211;(BUSINESS WIRE)&#8211; HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 6.25% from 5.50%, effective tomorrow. About HSBC HSBC USA Inc. (&#8220;HUSI&#8221;) 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 businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc. 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