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Fitch revises HSBC USA view to stable
Fitch Ratings said it affirmed the long-term issuer default ratings for HSBC USA, Inc. and its bank subsidiary, HSBC Bank USA, NA, at A+ and AA-, respectively.
The outlook for both entities was revised to stable from negative.
The short-term IDRs for both entities have been affirmed at F1+.
The rating action follows affirmation of the ratings, and revision of the outlook to stable from negative for ultimate parent HSBC Holdings plc, on Sept. 23.
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