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HSBC Bank USA, National Association as Trustee for Form

HSBC Bank USA, National Association as Trustee for Form

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it's been an interesting week for HSBC and we've just been hearing reports from Reuters that the bank's chief executive Nell Quinn has been talking and has identified something like around about 1.7 billion dollars worth of costs that the institution wants to take out over the next year or so the week started so fairly strongly because we heard news that HSBC wanted to exit its Canadian business it sold at the Canadian arm of the HSBC Global operations to RBC for 8.4 billion pounds in cash and we've also heard confirmation this week that HSBC wants to close something like around about 114 of its local branches of the bank which serve local communities it has still some 300 odd branches around the country but the bank says that customers of numbers have fallen significantly since online banking really took off

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