Fitch Affirms HSBC USA at ‘AA-‘ and ‘HSBC Finance’ at ‘A+’; Outlook Remains Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed HSBC USA Inc.’s (HUSI) and subsidiary, HSBC Bank USA’s (HBUS) Long-Term Issuer-Default Ratings (IDR) at ‘AA-‘. HSBC Finance Corp.’s (HBIO) Long-Term IDR has been affirmed at ‘A+’. Fitch does not maintain a VR on HBIO, as it does not view the company as a stand-alone entity. Fitch also affirmed and withdrew HUSI’s and HBUS’s Viability Ratings (VR) at ‘a-‘. The rating withdrawal reflects our view that these entities do not have a significant s