HSBC Bank USA, headquartered in New York City and established in 1882, serves as the U.S. subsidiary of the global HSBC Group, which has its origins in Hong Kong and Shanghai. The bank's primary purpose is to provide a range of financial services, including personal and commercial banking, mortgage products, wealth management, and investment services tailored to meet the diverse needs of its customers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
HSBC Bank USA has a robust history of bond issuances, having first entered the market for corporate bonds in the late 1980s. One notable issuance was in 2008, when the bank issued $2 billion in senior unsecured notes, showcasing its resilience during financial turbulence. Currently, its bond yields are competitive within the industry, appealing to retail investors seeking reliable income streams. Special features of its bond offerings include callable options, providing flexibility for investors, and a recent initiative to issue green bonds, aligning with environmentally sustainable financing trends.