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In 2004, HSBC USA sold two upstate New York branches to Gloversville-based City National Bank & Trust Co. [6] HSBC did not have enough nearby branches to give it economies of scale. In July 2011, the company sold its branches in upstate New York to First Niagara Financial Group for $1 billion, effectively selling-off the core of the old Marine ...
In April 2015, HSBC Finance was reported as having accidentally uploaded information on United States customers' mortgages, including social security numbers and telephone numbers, to a publicly accessible webserver that was subsequently indexed by Google search. The data included information from a large number of HSBC Finance's subsidiary ...
Between April 30, 1997 and February 1, 2005, PHH was a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group) and its predecessors that provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services.
HSBC Holdings plc: Republic New York Corporation HSBC Bank USA: HSBC Bank USA: 1999 Firstar Corporation: Mercantile Bancorporation: Firstar Corporation: U.S. Bancorp: 1999 AmSouth Bancorporation: First American National Bank: AmSouth Bancorporation: $6.3 billion Regions Financial: 2000 Wells Fargo & Co. National Bank of Alaska: Wells Fargo & Co ...
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In August 2018, Citizens completed its acquisition of Franklin American Mortgage in a deal valued at $511 Million, expanding its presence into Tennessee and Texas. [53] On May 26, 2021, Citizens entered into an agreement with HSBC Bank USA to purchase HSBC's retail operations on the East Coast. Under the agreement, Citizens would acquire ...
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First established on 3 March 1865; 159 years ago () in British Hong Kong [1] (as The Hongkong and Shanghai Bank); First incorporated on 14 August 1866; 158 years ago () [2] (as The Hongkong and Shanghai Banking Corporation)