Issuer

HSBC Bank USA, National Association

Banking Organizations

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Summary

HSBC USA Inc. is a wholly owned subsidiary of HSBC Holdings plc (Deposits & Senior Debt rating of AA (low) with a Stable trend), which is one of the leading financial institutions in the world.

The Company has more than 475 bank branches throughout the United States.Headquartered in New York City, HSBC USA Inc. reported $171 billion in assets at December 31, 2009.

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