HSBC Bank USA N.A. Type Subsidiary of HSBC Holdings plc Founded 1850 Location Wilmington, Delaware, United States Key people Stephen Green, Chairman and Martin Glynn, President and CEO Industry Finance and Insurance Products Financial Services Employees 43,000 (including HSBC Finance Corporation) Website www.us.hsbc.com HSBC Bank USA N.A., the United States subsidiary of the HSBC Holdings plc, is a bank with its head office in New York City. Contents 1 History 2 Operations 3 Properties 4 External links History The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank of New York State, headquartered in Buffalo, New York, in 1980 and extended to full ownership in 1987. The banks continued to operate under the Marine Midland name until 1998, when the branch offices were rebranded as HSBC Bank USA. After the acquisition of Republic National Bank in 1999, the head office of HSBC Bank USA moved from the HSBC Center in Buffalo to 452 Fifth Avenue, New York City, although the official headquarters are in Wilmington, Delaware. Operations There are some 400 HSBC branches throughout New York in addition to some 20 to 25 branches in other states, including Florida and California. There was a branch office on the ground floor of the World Trade Center in New York City. HSBC Direct is HSBC's attempt to compete nationally with other Internet banks such as Citibank Direct, Emigrant Direct, GMAC Bank, ING Direct, and VirtualBank. Properties Marine Midland owned several prominent properties, including the Marine Midland Building at 140 Broadway in Manhattan, near the World Trade Center. Completed in 1967, this 52-story, 688 ft (209.7 m) highrise provides 1.2 million square feet (110,000 m²) of office space in lower Manhattan and is noted for the distinctive Noguchi's Cube sculpture at its entrance. The tallest building in Buffalo also carries the HSBC name, and is noted for its open entry level, under which the Buffalo Metro Rail passes. Also of note, Marine Midland had purchased naming rights to the Buffalo sports and entertainment venue constructed in 1996, the Marine Midland Arena, home of the Buffalo Sabres. Today, the venue is known as the HSBC Arena. External links HSBC Bank USA website Online Bank Comparisons (including HSBC Direct) HSBC Group Corporate Directors: Baroness Dunn | Sir Brian Moffat | Stephen Green | Lord Butler of Brockwell | Raymond Ch'ien | John Coombe | Rona Fairhead | Douglas Flint | William Fung | Michael Geoghegan | Sharon Hintze | James Hughes-Hallett | Sir Mark Moody-Stuart | Stewart Newton | Simon Robertson | Helmut Sohmen | Sir Brian Williamson Brands: The Bank of Bermuda | Beneficial | first direct | Hang Seng | HFC | HSBC | HSBC Bank International | HSBC Halbis Partners | HSBC Investments | HSBCnet | HSBC Premier | Marbles | M&S Money | Proa Local Banks: Argentina | Australia | Bermuda | Brazil | Canada | China | Egypt | France | Germany | Hong Kong | Iraq | Malaysia | Middle East | Malta | Mexico | Poland | Turkey | United Kingdom | United States Minority Stakes and Joint Ventures: Bank of Communications (19.9%) | Bank of Shanghai (8%) | HSBC Saudi Arabia Limited (60%) | Ping An (19.9%) | Techcombank (10%) | The Saudi British Bank (40%) | UTI Bank Limited (4.99%) | Wells Fargo HSBC Trade Bank N.A. (20%) Annual Group Revenue: $61.7 billion USD (Employees: 284,000 | Stock Symbol: LSE: HSBA | Website: www.hsbc.com Search Term: "HSBC_Bank_USA" Categories: Banks of the United States | HSBC