Does HSBC do trusts?
HSBC no longer operates a traditional, full-service retail branch network for the general public in the United States. Following a strategic decision to exit the mass-market retail banking sector, the bank transitioned its model to focus on its commercial and private banking clients. Currently, HSBC maintains a presence in the U.S. through a network of wholesale banking offices and specialized wealth centers located in major metropolitan areas, including New York, Washington D.C., Miami, Los Angeles, and San Francisco, which are dedicated to serving its business, corporate, and private wealth customers.
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Yes, HSBC provides comprehensive trust and fiduciary services, primarily through its Private Bank division.
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