British Expats

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-   USA (https://britishexpats.com/forum/usa-57/)
-   -   HSBC US likely to be sold (https://britishexpats.com/forum/usa-57/hsbc-us-likely-sold-937239/)

tht Feb 21st 2021 5:51 pm

HSBC US likely to be sold
 
Looks like HSBC US will be sold... not sure about UK... had kept HSBC as my primary bank here, opened a TD account as a hedge back when the Mexico fines hit HSBC and as they closed branches in CT. Need to decide on a new primary (or secondary US bank if I switch to TD as primary... ) with Citi out of the UK is there any retail bank (not neo/fintech) that has UK and US operations?

Beraider Feb 21st 2021 9:45 pm

Re: HSBC US likely to be sold
 
Before repatriating to UK in 2019 I checked with TD if they would allow a UK resident to keep an existing US account open and they would not. Had to close out that account.

Still have USBC and Ally with full use and they are fully aware of my residence.

msk2uon Feb 22nd 2021 1:12 am

Re: HSBC US likely to be sold
 

Originally Posted by Beraider (Post 12976080)
Before repatriating to UK in 2019 I checked with TD if they would allow a UK resident to keep an existing US account open and they would not. Had to close out that account.

Still have USBC and Ally with full use and they are fully aware of my residence.

What's Usbc short for? I am getting bowling association on Google!

msk2uon Feb 22nd 2021 3:05 am

Re: HSBC US likely to be sold
 
Reply to my reply! Just realized - likely a typo as U and H are next to each other on the keyboard! Sorry!

postbox134 Feb 22nd 2021 6:10 pm

Re: HSBC US likely to be sold
 
I emailed by premier contact today to ask if he knew anything further. He said there's no comment on the rumors in the press so far

tht Feb 22nd 2021 9:43 pm

Re: HSBC US likely to be sold
 

Originally Posted by postbox134 (Post 12976349)
I emailed by premier contact today to ask if he knew anything further. He said there's no comment on the rumors in the press so far

Now they closed all branches I basically have to move away from them anyway. The online check deposit limit to to small and they closed every branch in CT so that leaves me unable to cash some checks and also get bankers drafts etc. for property closings.


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