Does HSBC Bank USA still exist?
Yes, HSBC provides comprehensive trust and fiduciary services, primarily through its Private Bank division. These services are designed to assist high-net-worth individuals and families in managing, protecting, and growing their wealth across generations. Through trust administration services, HSBC acts as a trustee to manage assets transferred by a settlor for the benefit of named beneficiaries, such as family members or institutions. This includes sophisticated wealth planning, administrative oversight, and the management of complex family structures, helping clients ensure financial continuity, protect family businesses, and navigate the complexities of long-term wealth transfer and estate management.
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HSBC no longer operates a traditional, full-service retail branch network for the general public in the United States.
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