HSBC Guyerzeller Bank

HSBC Bank Provides $10 Million for New York Forward Loan Fund

Retrieved on: 
Thursday, July 2, 2020
Other Philanthropy, Human resources, Finance, Banking, Small business, Professional services, Philanthropy, Foundation, Companies, Banks, Finance, Credit cards, Investment banks, Primary dealers, HSBC, HSBC Finance, HSBC Guyerzeller Bank

(HSBC USA), part of HSBC Group, one of the worlds largest banking and financial services companies, today announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of Governor Andrew M. Cuomos initiative to reinvigorate New Yorks smallest businesses, landlords and critical non-profits.

Key Points: 
  • (HSBC USA), part of HSBC Group, one of the worlds largest banking and financial services companies, today announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of Governor Andrew M. Cuomos initiative to reinvigorate New Yorks smallest businesses, landlords and critical non-profits.
  • HSBC Bank takes its role in supporting communities throughout New York State seriously, said Morris L. Churchill, Jr., HSBC USAs Head of Community Development & Sales Administration.
  • It operates bank branches in: California; Connecticut; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington.
  • is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A.

Seymour to succeed Stuart as HSBC Canada President & CEO

Retrieved on: 
Monday, June 1, 2020
Finance, Companies, Financial services, Credit cards, Investment banks, Primary dealers, HSBC, HSBC Guyerzeller Bank, HSBC Bank India

Linda succeeds Sandra Stuart who informed HSBC Holdings plc and the HSBC Canada Board of Directors of her retirement plans in late 2019, triggering succession plans and a search process.

Key Points: 
  • Linda succeeds Sandra Stuart who informed HSBC Holdings plc and the HSBC Canada Board of Directors of her retirement plans in late 2019, triggering succession plans and a search process.
  • June marks two career milestones for Sandra: five years as President and CEO of the bank in Canada, and 40 years with HSBC.
  • Seymour said: "Canada is a key market for HSBC and, as a Canadian, I am extremely proud of our role in the HSBC Group.
  • HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country.

HSBC Swiss Private Bank Settles Legacy Investigation With US Department of Justice

Retrieved on: 
Tuesday, December 10, 2019
Finance, Banking, Accounting, Professional services, Legal, Financial services, Finance, Economy, Credit cards, Investment banks, Primary dealers, HSBC, Banking in Switzerland, Private banking, Swiss Leaks, HSBC Guyerzeller Bank

HSBC Private Bank (Suisse) SA (HSBC Swiss Private Bank) has reached a settlement with the U.S. Department of Justice to resolve an investigation into its legacy business with U.S. clients.

Key Points: 
  • HSBC Private Bank (Suisse) SA (HSBC Swiss Private Bank) has reached a settlement with the U.S. Department of Justice to resolve an investigation into its legacy business with U.S. clients.
  • Under the three-year deferred prosecution agreement that relates to activities from at least 2000 to 2010, HSBC Swiss Private Bank will pay US$192.35 million to the U.S. authorities.
  • HSBC Swiss Private Bank proactively contacted the Justice Department a number of years before the U.S.-Swiss Bank Program was announced in 2013 and self-reported its past activities.
  • HSBC Private Banking is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group.

HSBC employees voted, and the result is a new $500,000 charitable investment in children's health

Retrieved on: 
Monday, July 23, 2018
Banks, Finance, Financial services, Credit cards, Investment banks, Primary dealers, HSBC, The Hongkong and Shanghai Banking Corporation, HSBC Guyerzeller Bank

The donation will also support initiatives dedicated to introducing hundreds of youth and students to the worlds of pediatric research and medicine."

Key Points: 
  • The donation will also support initiatives dedicated to introducing hundreds of youth and students to the worlds of pediatric research and medicine."
  • HSBC is an important part of the effort to crack the code into diabetes and help children to benefit from innovative treatments.
  • HSBC Bank Canada's community investment activities are part of HSBC Group's comprehensive commitment to sustainability.
  • About HSBC Bank Canada: HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country.