HSBC Bank USA, N.A. And Affiliates Raise Prime and Reference Rate.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- HSBC Bank USA 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. History The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank of New York State, headquartered in , N.A. and its affiliates announced that they will raise their prime and reference rate to 8.25% from 8.00% effective today, Thursday, June 29, 2006. About HSBC Bank USA, National Association: HSBC Bank USA, N.A. has nearly 400 branches in New York State, a network of branches in Florida, California, New Jersey and Pennsylvania. The bank has one branch each in Delaware, Washington State, Oregon and Washington, D.C. It is the principal subsidiary of HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) USA Inc, an indirectly held, wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of HSBC North America Holdings Inc., one of the nation's 10 largest bank holding companies by assets. |
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