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October 10, 2015 6:56 AM ET


Company Overview of HSBC North America Holdings Inc.

Company Overview

HSBC North America Holdings Inc. is a holding company, which through its subsidiaries offers financial services in the United States and Canada. It provides personal finance, consumer finance, retail banking, wealth management, commercial banking, private banking, global banking, corporate investment banking, mortgage, insurance, and trust services. The company was incorporated in 1980 and is based in New York, New York. HSBC North America Holdings Inc. operates as a subsidiary of HSBC Overseas Holdings (UK) Ltd.

452 5th Avenue

New York, NY 10018

United States

Founded in 1980





Key Executives for HSBC North America Holdings Inc.

Chief Executive Officer, President, and Director
Age: 53
Senior Executive Vice President and Chief Financial Officer
Age: 50
Group Chief Executive Officer of The HSBC Group
Age: 56
Chief Executive of Hsbc Bank Plc
Age: 57
Senior Executive Vice President and General Counsel
Age: 56
Compensation as of Fiscal Year 2015.

HSBC North America Holdings Inc. Key Developments

HSBC North America Holdings Inc., HSBC USA Inc. and HSBC Bank USA, N.A. Announces Executive Changes, Effective June 30, 2014

Patrick (Pat) Burke (52) has been appointed Executive Director of HSBC North America Holdings Inc., HSBC USA Inc. and HSBC Bank USA, N.A. with effect from 30 June 2014. Burke succeeds Irene Dorner (59), who will retire after a distinguished 32-year career at HSBC. Burke was appointed Chief Executive of HSBC Finance Corporation in 2010, assuming responsibility for winding down the legacy Household consumer finance business. Rhydian Cox (53) has been appointed xecutive Director of HSBC North America Holdings Inc., HSBC USA Inc., HSBC Bank USA, N. A with effect from 30 June 2014. Cox will report to the Chief Executive of HSBC US and to Marc Moses, Executive Director and Group Chief Risk Officer. Cox will chair a new US Remediation Committee which will drive the regulatory remediation of high-risk items, including significant control items. Cox was appointed Chief Risk Officer, Asia-Pacific in 2008. He joined the Group in 1984 and was appointed a Group General Manager in 2013.

Cook County, Ill., Files Lawsuit Against HSBC North America Holdings Inc

Cook County, Ill., on March 21 filed a lawsuit against HSBC North America Holdings Inc. in connection to the alleged targeting of minority borrowers with high-cost mortgage loans. The county seeks unspecified compensatory and punitive damages for alleged lost tax revenues on vacant properties and for expenses it allegedly forked out maintaining decaying neighborhoods.

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