- HSBC Bank USA
company_name = HSBC Bank USA, N.A.
company_type = Subsidiary of
HSBC Holdings plc
slogan = The world's local bank
location = Wilmington,
Delaware, United States
Michael Geoghegan, Chairman Paul Lawrence, Presidentand CEO
num_employees = 43,000 (including HSBC Finance Corporation)
Finance and Insurance
homepage = [http://www.us.hsbc.com/ www.us.hsbc.com]
HSBC Bank USA, N.A., the
United Statessubsidiary of the HSBC Holdings plc, is a bank with its head office in New York City.
The Hongkong and Shanghai Banking Corporationacquired a 51% shareholding in Marine Midland Bankof 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 in line with the worldwide corporate identity of HSBC. After the acquisition of Republic National Bank in 1999, the head office of HSBC Bank USA moved from One HSBC Centerin Buffalo to 452 Fifth Avenue, New York City, although the official headquarters are in Wilmington, Delaware.
There are some 400 HSBC branches throughout New York in addition to some 20 to 25 branches in other states, including
Floridaand California. There was a branch office on the ground floor of the World Trade Centerin New York City.
Marine Midland owned several prominent properties, including the
Marine Midland Buildingat 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. One HSBC Centeris the tallest building in Buffalo, and is noted for its open entry level, under which the Buffalo Metro Railpasses.
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.
* [http://www.us.hsbc.com HSBC Bank USA website]
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