-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VbCF2dakmy6R/tyY3rCNhO2O1c7Ua/tgn6ZASVcPrne63slPPCwK+fxNVW8Zsv+7
 5YhG0odp8KBBqpOKcXRf2Q==

<SEC-DOCUMENT>0001270229-04-000001.txt : 20040519
<SEC-HEADER>0001270229-04-000001.hdr.sgml : 20040519
<ACCEPTANCE-DATETIME>20040519130843
ACCESSION NUMBER:		0001270229-04-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040510
FILED AS OF DATE:		20040519

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BABANI SUSIE
		CENTRAL INDEX KEY:			0001270229
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTORS, NEC [6799]

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07436
		FILM NUMBER:		04818051

	MAIL ADDRESS:	
		STREET 1:		452 FIFTH AVENUE, 12TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HSBC USA INC /MD/
		CENTRAL INDEX KEY:			0000083246
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				132764867
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		452 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
		BUSINESS PHONE:		2125256100

	MAIL ADDRESS:	
		STREET 1:		452 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-05-10</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000083246</issuerCik>
        <issuerName>HSBC USA INC /MD/</issuerName>
        <issuerTradingSymbol>HBA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001270229</rptOwnerCik>
            <rptOwnerName>BABANI SUSIE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>452 FIFTH AVENUE, 12TH FL</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10018</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Executive Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>No longer an Executive Officer of HSBC USA Inc.</remarks>

    <ownerSignature>
        <signatureName>Helen Kujawa, Attorney-in-Fact</signatureName>
        <signatureDate>2004-05-19</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----