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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 ...
The New York City Planning Commission approved an eleven-story annex of the Republic National Bank Building on Fifth Avenue, south of the original structure, in 1974. Republic was obligated to design the annex to "harmonize" with that of the New York Public Library Main Branch, an official city landmark. [78]
Marine Midland was founded as Marine Bank, a state-chartered bank, on July 10, 1850, with capital of $170,000. It was founded by eight men from across New York—General James S. Wadsworth of Geneseo, J. P. Beekman of Kinderhook, New York, John Arnot of Elmira, John Magee and Constant Cook of Bath, William R. Gwinn of Medina, and George Palmer and James M. Ganson of Buffalo.
In April 2022, Citizens completed the acquisition of 80 branches from HSBC in New York City, New Jersey, Pennsylvania, Washington, D.C., Maryland, Virginia, and Florida. [56] In July 2021, Citizens announced plans to acquire New Jersey–based bank holding company Investors Bancorp for $3.5 billion. Citizens took over more than 150 branches ...
140 Broadway (formerly known as the Marine Midland Building or the HSBC Bank Building) is a 51-story International Style office building on the east side of Broadway between Cedar and Liberty streets in the Financial District of Manhattan in New York City.
[17] [5] The original banking room's interior was designated a New York City landmark on June 25, 1996. [2] Republic and its branches were then acquired by HSBC Bank USA in 1999. [80] Following the acquisition, The New York Times wrote that the HSBC branch was one of "a few grand old buildings [that] still recall Broadway's glamorous past". [81]
HSBC Tower, London - 8 Canada Square, in the Canary Wharf development, Isle of Dogs, London, UK; HSBC Tower, Shanghai - Forty-six-floor tower in Lujiazui, Pudong, Shanghai, China; HSBC Tower, Mexico City - Paseo de la Reforma, Mexico City, Mexico; HSBC Tower, Midtown Manhattan (USA Headquarters) - 452 Fifth Ave., Manhattan, New York City, US
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.