Subsidy Tracker Parent Company Summary

Parent Company Name: 
HSBC
Ownership Structure: 
publicly traded (ticker symbol HSBC)
Headquartered in: 
Britain
Major Industry: 
financial services
Specific Industry: 
banking
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$11,264,78928
Federal (grants and allocated tax credits)$700,0001
TOTAL$11,964,78929
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$14,950,698,07922
TOTAL$14,950,698,07922
Time Period for State and Local Awards: 

Earliest year of data: 1997. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2007.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

Beneficial Management Corporation; HOUSEHOLD INTL; HSBC; HSBC SECURITIES USA; REPUBLIC NATIONAL BA

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of this company's accountability track record, read its Corporate Rap Sheet here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$7,262,66722
Florida$3,060,0002
California$907,7412
Delaware$34,3812

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
Download results as CSV or XML
Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
HSBC Bank USA New York state 2001 $3,100,000 enterprise zone
Household International Florida state 2002 $1,560,000 tax credit/rebate
HSBC Mortgage Services Florida state 2005 $1,500,000 tax credit/rebate
HSBC Bank, USA New York local 2006 $1,246,122 tax credit/rebate; property tax abatement
HSBC Bank USA National Association New York local 2007 $1,082,578 tax credit/rebate; property tax abatement
HSBC Bank USA New York state 2002 $929,000 enterprise zone
HSBC Bank USA, N.A. United States federal 2009 $700,000 federal grant
HSBC CARD SERVICES, INC. California state 2010 $454,400 training reimbursement
HSBC CARD SERVICES, INC. California state 2008 $453,341 training reimbursement
HSBC Bank USA New York state 2003 $189,453 enterprise zone
HSBC Bank, USA New York local 2004 $189,077 tax credit/rebate; property tax abatement
191 Park Club Lane, LLC-HSBC New York local 2009 $81,324 tax credit/rebate; property tax abatement
191 Park Club Lane, LLC-HSBC New York local 2008 $54,425 tax credit/rebate; property tax abatement
HSBC Bank Facility Project Data Center New York local 2003 $44,352 tax credit/rebate; property tax abatement
HSBC Bank Facility Project Data Center New York local 2004 $40,933 tax credit/rebate; property tax abatement
HSBC Bank USA National Association New York local 2009 $35,965 tax credit/rebate; property tax abatement
HSBC Bank USA National Association New York local 2010 $35,668 tax credit/rebate; property tax abatement
HSBC Bank Facility Project Data Center New York local 2005 $35,578 tax credit/rebate; property tax abatement
191 Park Club Lane, LLC-HSBC New York local 2007 $35,199 tax credit/rebate; property tax abatement
191 Park Club Lane LLC (HSBC Bank Facility Project Data Center) New York local 2006 $34,505 tax credit/rebate; property tax abatement
191 Park Club Lane, LLC-HSBC New York local 2010 $33,668 tax credit/rebate; property tax abatement
Beneficial Management Corporation Delaware state 1997 $32,775 training reimbursement
HSBC Bank USA National Association New York local 2008 $31,483 tax credit/rebate; property tax abatement
HSBC Bank USA National Association New York local 2011 $24,158 tax credit/rebate; property tax abatement
HSBC Bank USA National Association New York local 2012 $22,562 tax credit/rebate; property tax abatement
HSBC BANK USA New York local 2011 $7,399 property tax abatement
REPUBLIC NATIONAL BA New York local 2012 $4,934 property tax abatement
191 Park Club Lane, LLC-HSBC New York local 2011 $4,284 tax credit/rebate; property tax abatement
HSBC Bank Delaware state 2006 $1,606 training reimbursement
HSBC USA INC. United States federal 2009 $4,616,910,000 federal loan or loan guarantee
HSBC Holdings PLC United States federal 2009 $1,988,800,000 federal loan or loan guarantee
HSBC BANK USA NA United States federal 2008 $1,000,000,000 federal loan or loan guarantee
HSBC BANK USA NA United States federal 2008 $1,000,000,000 federal loan or loan guarantee
HSBC BANK USA NA United States federal 2009 $1,000,000,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2008 $567,500,000 federal loan or loan guarantee
HSBC BANK USA NA United States federal 2008 $500,000,000 federal loan or loan guarantee
HSBC BANK USA NA United States federal 2008 $500,000,000 federal loan or loan guarantee
HSBC Holdings PLC United States federal 2008 $497,300,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $312,200,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $310,700,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $306,000,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $303,800,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2008 $302,700,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2008 $294,100,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $291,200,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $289,400,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2009 $288,800,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2008 $283,700,000 federal loan or loan guarantee
HSBC Securities (USA) Inc. United States federal 2008 $152,000,000 federal loan or loan guarantee
HSBC Bank USA, National Association United States federal 2009 $125,688,079 federal loan or loan guarantee
HSBC Holdings PLC United States federal 2008 $19,900,000 federal loan or loan guarantee
HSBC Card Services California state 2006 undisclosed training reimbursement
Download results as CSV or XML