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Published on 4/20/2010 in the Prospect News Investment Grade Daily.

DBRS confirms HSBC USA

DBRS said it confirmed the ratings of HSBC USA Inc. and its banking subsidiary HSBC Bank USA, NA, including the company's issuer & senior debt rating of AA.

The trend is negative.

The agency said that the ratings of the wholly owned U.S. subsidiary of HSBC Holdings plc (rated AA (high) with a negative trend), reflect its important role in HSBC's overall strategy and DBRS' expectation that HSBC has the resources and motivation to support HSBC USA.


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