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

NEW YORK--(BUSINESS WIRE)-- HSBC Bank USA, N.A. and its affiliates announced that they raised their prime and reference rate to 5.25% from 5.00%, effective Thursday, Sept. 27, 2018.

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; 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180926006075/en/

Media enquiries to:
HSBC Bank USA
Rob Sherman, 212-525-6901
[email protected]

Source: HSBC Bank USA, N.A.

You May Also Be Interested In

• Buddy Brings Native Ecommerce to Flowhub Dispensaries, Live in 24 Hours
• Best Crypto Presale: AlphaPepe Nears $2.5M as Buyers Race the August 26 Presale Closure Timeline
• AG AL's Gwen Snatches Esports World Cup Club Championship Glory In Unbelievable Trackmania Final