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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.