8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 26, 2019

__________________________________

Commission File Number 001-07436

HSBC USA Inc.

(Exact name of registrant as specified in its charter)

Maryland	13-2764867
(State of incorporation)	(I.R.S. Employer Identification No.)
452 Fifth Avenue, New York, New York	10018
(Address of principal executive offices)	(Zip Code)

(212) 525-5000

Registrant’s telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
$100,000,000 Zero Coupon Callable Accreting Notes due January 15, 2043	HBA/43	New York Stock Exchange
$50,000,000 Zero Coupon Callable Accreting Notes due January 29, 2043	HBA/43A	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

HSBC USA INC.

Item 8.01. Other Events.

On June 26, 2019, HSBC announced that Kavita Mahtani has been appointed Chief Financial Officer, HSBC North America Holdings Inc. (HNAH). In this role, she will be responsible for the financial operations of HNAH and all its subsidiaries, including HSBC USA Inc. and HSBC Bank USA, N.A. The appointment is effective October 1, 2019.

A copy of HNAH’s press release is attached as exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d)    Exhibits

Exhibit No.	Description
99.1	Press Release dated June 26, 2019

2

HSBC USA INC.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:    June 26, 2019

HSBC USA INC.
By:	/s/ MARK STEFFENSEN
	Mark Steffensen
	Senior Executive Vice President and
	General Counsel

3

HSBC USA INC.

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated June 26, 2019

4

EX-99.1

EXHIBIT 99.1

June 26, 2019

KAVITA MAHTANI NAMED CHIEF FINANCIAL OFFICER OF

HSBC NORTH AMERICA HOLDINGS

NEW YORK -- HSBC today announced the appointment of Kavita Mahtani as Chief Financial Officer, HSBC North America Holdings Inc. (HNAH).

In this role, she will be responsible for the financial operations of HNAH and all its subsidiaries, including HSBC USA Inc. and HSBC Bank USA, N.A., and will oversee the financial functions of HSBC’s US operations including accounting, regulatory reporting, stress testing and capital management.

Mahtani also will have oversight of financial functions across the Americas region. Gerhardt Samwell, CFO for HSBC Bank Canada, and Martin Peusner, CFO, HSBC Latin America and Mexico, will report to her.

Based in New York, Mahtani will report to Patrick J. Burke, President and CEO, HSBC USA, and will join the U.S. Executive Committee. The appointment is effective Oct. 1, 2019.

“We are focused on improving returns of HSBC’s U.S. operations through client-centric revenue growth and cost-control and reinvestment, and as our strategy gains momentum, we need a strong financial leader,” said Burke. “Kavita’s depth of experience will help us achieve our financial objectives as we continue to strengthen client relationships and derive greater value from HSBC’s global network and universal banking model.”

Mahtani has 25 years of experience in financial services and a broad strategic knowledge of banking. She joins HSBC from Citigroup, where she has most recently served as Head of Asset and Liability Management for Citi Corporate Treasury. She has held a number of significant strategic roles at Citigroup, including Chief Financial Officer, Global Corporate & Investment Banking; Global Head of Financial Planning and Analysis; and Director, Investor Relations. Before joining Citigroup in 2006, she held key roles at Merrill Lynch and Morgan Stanley.

Mahtani received a Bachelor of Science degree in Economics from the Wharton School of the University of Pennsylvania and an MBA from the University of Chicago. She is on the Board of Directors of Pratham USA’s Tri-State Chapter, a member of the Council on Foreign Relations and active in a number of charitable organizations in New York City.

ends/more

Media enquiries to:

Rob Sherman(212) 525-6901     robert.a.sherman@us.hsbc.com

US Head of Media Relations

HSBC

Note to editors:

ABOUT HSBC

HSBC North America Holdings Inc. is the holding company for HSBC Holdings plc's operations in the United States. The company’s businesses serve customers in the following key areas: retail banking and wealth management, commercial banking, private banking, and global banking and markets.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through retail banking and wealth management, commercial banking, private banking, and global banking and markets segments. It operates bank branches in: California; Connecticut; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a Member of FDIC. Investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.

HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HUSI is a wholly-owned subsidiary of HSBC North America Holdings Inc.

HSBC Holdings plc is headquartered in London. HSBC serves customers worldwide from offices in 66 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,659bn at 31 March 2019, HSBC is one of the world’s largest banking and financial services organisations.

ends/all