HSBC wholly owned subsidiary
Insurance is offered through insurance agents of HSBC Insurance Agency (USA) Inc., a wholly owned subsidiary of HSBC Bank USA, National Association, and an indirectly wholly owned affiliate of HSBC Holdings plc. Products and services may vary by state and may not be available in all states.
“This is a little clearer than some of the other HSBC smoke and mirrors holding company ideas, until you add insurance to a mortgage policy or they give you forced insurance on an automobile (car) loan” said Household - HSBC Watch consumer advocates. Check out our “How it Works” section for more confusing HSBC structures.
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