BNET Industries
Last Fiscal Year Sales:$5.3B
- Private
- US
Dow Jones Description
The core of HSBC Bank?s success is a willingness to value different perspectives. Throughout the world, our ability to appreciate different points of view has given us success wherever we are. With over 100 million customers and 9,500 offices in 76 countries and territories, we truly are ?The world?s local bank.? HSBC Bank offers individuals, corporations, institutions, governments and others access to global markets and services through a full range of products and services. The bank has nearly 400 branches in New York State alone, as well as branches in Florida, California, Delaware, Pennsylvania, Washington, Oregon and Washington, D.C. And as our network of branches continues to grow, so do the opportunities. Within Bank USA, Personal Financial Services offers loans, deposits, mutual funds, investments and insurance designed to help our customers build wealth and manage their money wisely. Private Banking offers products and services for high-net-worth individuals, and Commercial Banking provides loan and deposit products to small and mid-market corporations.
President & Chief Executive Officer
Paul J. LawrenceNumber of Employees 10,800
Peer Companies
NAICS Code International Trade Financing: 522293
Recent Events
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A Calling Plan South of the Border
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HSBC Initiates Coverage on Sinopec Shanghai Petrochemical SHI with an Underweight
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UK Indexes Up 1.9%; Xstrata, Green King Gain
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HSBC Starts Boeing BA at Underweight with a $45 Price Target
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HSBC to open branch in S.F.'s Chinatown
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HSBC in talks to sell Paris HQ
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HSBC Starts BTU, ACI at Outperform, MEE, CNX at Neutral
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HSBC Upgrades Rockwell Automation ROK to Overweight
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HSBC Bank Australia names head of global banking, markets in Australia
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Calyon Securities Upgrades HSBC HBC to Underperform
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StanChart eyes India listing in early 2010
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Hong Kong shares close 0.32 per cent lower
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HSBC Starts PWRD at Overweight, SNDA, NTES at Neutral
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HSBC Upgrades Aqua America WTR to Overweight
News & Analysis
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hsbc bank usa inc. and hsbc holdings plc. - All News and Analysis
Global bank HSBC pays up to get on map in New York; U.S. unit adds staff, branches, buys ads to deliver key market; city faces saturation.(Finance)
Byline: Tom Fredrickson In places like beijing and Brussels, it's hard to miss the HSBC brand, given its nearly 4,000 branches sprawled across Asia and Europe. It's another story in New York City, where HSBC barely makes a ripple in a crowded market. ...
New York-based HSBC Bank USA's net income increases 71 percent.
By Jonathan D. Epstein, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Nov. 16--HSBC USA Inc., the immediate corporate parent of HSBC Bank USA, said net income for the third quarter rose 71 percent because it sold more mortgages and consumer loans,...
HSBC Bank USA hopes to enter embassy niche with new branch in Washington, D.C.
By Jonathan D. Epstein, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Oct. 8--HSBC Bank USA is opening a branch in the nation's capital, hoping to cater to financial needs of foreign embassies left in the lurch when their former bank was...
Top HSBC Bank Executive in Buffalo, N.Y., Has Cross-Border Focus.
By Chet Bridger, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Oct. 28--Brendan McDonagh, who has experience in seven countries as part of HSBC's elite corps of 350 international managers, has taken over as the London-based banking company's highest ranking executive...
Buffalo, N.Y.-Based HSBC Bank USA's Parent Firm Posts 5 Percent Earnings Gain.
By Chet Bridger, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 6--HSBC USA reported a 5 percent net income increase for the second quarter, but the parent company of HSBC Bank USA had a rough three months marked by trading losses and higher...
HSBC Bank USA Drops Buffalo, N.Y., Advertising Agency.
By Lisa Haarlander, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Apr. 6--Wolf Group Buffalo lost one of its biggest clients this week when HSBC Bank USA confirmed that it was switching to one of the world's largest advertising agencies. HSBC...
HSBC, World Wildlife Fund, BGCI and Earthwatch Investing in Nature; Brooklyn Botanic Gardens, Florida Everglades, and Rio Grande to Benefit
Business Editors NEW YORK--BUSINESS WIRE--Feb. 21, 2002 HSBC Group, one of the world's largest financial services organizations, is creating a five year, $50 million eco-partnership, Investing in Nature, to fund conservation projects around the world including several in the United States. This partnership will significantly augment the contributions...
HSBC USA Notes Cash Profits of $225 Million for Quarter.
By Chet Bridger, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Nov. 15--HSBC USA set aside $575 million in the third quarter to settle lawsuits it acquired when it bought Republic New York Corp. in 1999. The extraordinary charge, far exceeding...
Buffalo, N.Y.-Based Bank Reports Drop in Third-Quarter Income.
Knight Ridder/Tribune Business News Oct. 27 -- HSBC Bank USA reported third-quarter net income of $115 million Tuesday, down 3.5 percent from $119 million the same quarter last year. The decline was caused by an expected jump in the bank's tax ...
Marine Midland is now HSBC Bank USA
SYRACUSE--Marine Midland Bank, the principal U.S. subsidiary of London-based HSBC Holdings plc, has changed its name to HSBC Bank USA. The name change is part of a global initiative by the HSBC Group to create a unified brand, using the letters "HSBC" and the hexagon symbol, to strengthen recognition of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Paul J. Lawrence | President & Chief Executive Officer |
| Clive R. Bucknall | Chief Accounting Officer |
| David Dew | Senior Executive Vice President & Chief Operating Officer |
| George T. Wendler | Senior Executive Vice President & Chief Risk Officer |
| Gerard Mattia | Senior Executive Vice President & Chief Financial Officer |
| Mark A. Hershey | Senior Executive Vice President & Chief Credit Officer |
| Robert Butcher | Chief Risk Officer |
| Carolyn M. Wind | Executive Vice President |
| Christopher Davies | Senior Executive Vice President, Commercial Banking |
| David Kotheimer | Senior Executive Vice President, Business Performance |
| Janet Burak | Senior Executive Vice President, General Counsel and Secretary |
| Jeanne Ebersole | Executive Vice President, Human Resources |
| John D. Kaberle | Executive Vice President & Comptroller |
| Mark Martinelli | Executive Vice President, Audit |
| Paulette M. Crooke | Executive Vice President, Operations |
| Teresa A. Pesce | Executive Vice President |
| Patricia J. Howard | Vice President & Assistant General Counsel & Deputy Secretary |
| Kevin Newman | Group General Manager, Personal Financial Services |
| Daniel O. Minerva | Managing Director & Head, Treasury |
| William E. Smith | Managing Director & Head, Securities Lending |
| Charles G. Meyer JR. | Director |
| Donald K. Boswell | Director |
| James H. Cleave | Director |
| James L. Morice | Director |
| Peter Kimmelman | Director |
| Stuart T. Gulliver | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Frances D. Fergusson | Human Resources & Compensation Committee Chairman |
| Salvatore H. Alfiero | Audit Committee Chairman |
| Pasquale Bagnato | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | President & Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Chief Accounting Officer | Current |
| HSBC Bank USA, Inc. | Executive Vice President | Former |
| HSBC Bank USA, Inc. | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President & Chief Operating Officer | Current |
| The Saudi British Bank | Board of Directors | Current |
| HSBC Bank plc | Chief Executive Officer | Former |
| Hongkong and Shanghai Banking Corporation Limited | Deputy Chief Executive Officer | Former |
| HSBC Finance Corporation | Chief Auditor, Group Audit | Former |
| The Saudi British Bank | COO | Former |
| HSBC Finance Corporation | Senior Vice President, Group Audit, Chicago | Former |
| The Saudi British Bank | Executive Director | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President & Chief Risk Officer | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President & Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President & Chief Credit Officer | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Chief Risk Officer | Current |
| HSBC Bank USA, Inc. | Senior Executive Vice President | Former |
| HSBC Bank USA, Inc. | Predecessor | Former |
| Marine Midland Bank | Predecessor | Former |
| Citicorp | Corporate Finance Department | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Executive Vice President | Current |
| HSBC Sa | Executive Vice President and Managing Director, Specialized Compliance | Current |
| Republic New York Corporation | Chief Compliance Officer | Former |
| HSBC Bank USA, Inc. | Managing Director, Compliance | Former |
| Office of the Comptroller of the Currency | Senior National Bank Examiner | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President, Commercial Banking | Current |
| HSBC Sa | Senior Executive Vice President, Commercial Banking | Current |
| First Direct Corp. | Banking Services Director | Former |
| HSBC Bank plc | Head of Client Service and Marketing | Former |
| HSBC Securities, Inc. | Head of Corporate and Institutional Banking | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President, Business Performance | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Senior Executive Vice President, General Counsel and Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Executive Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Executive Vice President & Comptroller | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Executive Vice President, Audit | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Executive Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Executive Vice President | Current |
| HSBC Bank USA, Inc. | Anti, Money Laundering (Aml) Director | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Vice President & Assistant General Counsel & Deputy Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Group General Manager, Personal Financial Services | Current |
| HSBC Bank USA, Inc. | Senior Executive Vice President, Personal Financial Services | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Managing Director & Head, Treasury | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Managing Director & Head, Securities Lending | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Human Resources & Compensation Committee Chairman | Current |
| Harvard University | Board Member of Overseers | Current |
| Mattel, Inc. | Board of Directors | Current |
| HSBC USA, Inc. | Board of Directors | Current |
| Vassar College | President Emeritus | Former |
| Bucknell University | Vice President for Academic Affairs | Former |
| Vassar College | Professor of Art | Former |
| Bucknell University | Provost | Former |
| HSBC Bank USA, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Protective Industries LLC | Chief Executive Officer | Current |
| Protective Industries LLC | Chairman | Current |
| HSBC Bank USA, Inc. | Audit Committee Chairman | Current |
| Fresh Del Monte Produce Inc. | Board of Directors | Current |
| The Phoenix Companies, Inc. | Director | Current |
| Southwire Company | Director | Current |
| Mark IV Industries, Inc. | Chairman & CEO | Former |
| Protective Industries LLC | Founder | Former |
| Mark IV Industries, Inc. | Founder | Former |
| HSBC Bank USA, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Director | Current |
| Cord Meyer Development LLC | President | Former |
| Cord Meyer Development LLC | Architect | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Director | Current |
| Republic New York Corporation | Director | Current |
| University of New Haven | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Nai Long Island | Partner | Current |
| HSBC Bank USA, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HSBC Bank USA, Inc. | Director | Current |
| HSBC Sa | Board of Directors | Current |
| Republic New York Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| HSBC Sa | Head, Corporate | Current |
| HSBC Holdings plc | Head, Corporate, Investment Banking and Markets and Group Investment Businesses. | Current |
| HSBC Bank plc | Director | Current |
| HSBC Bank USA, Inc. | Director | Current |
| HSBC Sa | Board of Directors | Current |
| Hongkong and Shanghai Banking Corporation Limited | Director | Current |
| HSBC Auto Finance | Chief Executive, Cibm | Former |
| HSBC Auto Finance | Group General Manager | Former |
| HSBC Auto Finance | Group Managing Director | Former |
| HSBC Auto Finance | Head of Global Markets | Former |
| HSBC Auto Finance | Group Management Board | Former |
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