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HSBC branches out in New Jersey.


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. plans to expand into New Jersey with at least six new branches in 2005 and more in 2006.

HSBC's first New Jersey branch opened earlier this month in Hillside Hillside may refer to: Places
Australia
  • Hillside, New South Wales
  • Hillside, Victoria, a suburb of Melbourne
United Kingdom
  • Hillside, Merseyside, a suburb of Southport
  • Hillside, Angus, Scotland
. Among the additional locations in which HSBC HSBC Hongkong and Shanghai Banking Corporation
HSBC Humane Society of Broward County (Florida)
HSBC Humane Society of Bay County (Bay County, Michigan) 
 plans to open branches in the next six months are Fort Lee, Englewood, Hoboken, Parsippany, Morristown, Milburn, Westfield and Jersey City.

The bank's New Jersey headquarters will be in Parsippany, which houses district executives as well as commercial and real estate lending staff.

HSBC already employs more than 1,300 people in the state in its securities, mortgage, technology services and Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 operations.

As part of the planned expansion, HSBC plans to add more than 125 new jobs in New Jersey this year.

"We're very excited to continue our branch expansion by bringing HSBC's mix of local knowledge and service and its global reach and capabilities to New Jersey," said Martin Glynn, president and chief executive officer of HSBC Bank USA.

"With our strong presence in Metro 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
, New Jersey is a natural place for HSBC to continue its U.S. expansion, and we look forward to serving the needs of individuals and businesses who live and work in the Garden State."
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:HSBC Bank USA
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 6, 2005
Words:204
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