The new banking center, with premier banking lounge, will provide access to a full suite of offerings including: commercial loans of up to $5m, payments and cash management, trade & supply chain and foreign exchange.
The branch staffed with 15 employees and 16 on-site business banking professionals, will provide assistance in Mandarin, Cantonese, Spanish, Hindi, and Vietnamese as well as English.
HSBC Bank USA New York City regional president Ashley Parker said the new branch is the first HSBC branch in New York specifically designed to maximize global growth opportunities for both Premier and Business Banking customers.
HSBC North America executive vice president and head of Business Banking Mark Luppi said the new Business Banking Center in the William Street branch will help bank’s New York-based commercial clients manage foreign exchange risk and provide the local knowledge they need to start or continue their journey into other markets.
