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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 firms.
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 ...
HSBC Bank USA, National Association, an American subsidiary of the British banking group HSBC, is a bank with its operational head office in New York City and its nominal head office in Tysons, Virginia (as designated on its charter).
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 ...
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
In 1998, PNC sold its credit card business to Metris (now HSBC Finance) [18] and MBNA. [19] In 2000, the company adopted a new brand image and changed its name to PNC Financial Services Group. [20] In 2001, PNC sold the original PNC Mortgage to Washington Mutual due to volatility in the market. [21]
Beneficial downsized this business and emphasized its second mortgage business. [3] In 1998, the company was purchased by Household International, Inc., for about $8.25 billion in stock. [5] Household International was in turn acquired by HSBC Group in 2003, and made a part of the HSBC Finance Company.
Signature Bank was founded in 2001 by former executives and employees of Republic National Bank of New York after its purchase by HSBC. It focused on wealthy clients and built personal relationships with them. For most of its history, it had offices only in the New York City area.