Moody's Investors Service downgraded from "Aa2" to "Aa3" the LT- local currency credit rating of HSBC on September 27, 2017. The outlook is negative.
|HSBC Bank Plc is a global banking and financial services organizations. It provides a range of financial services to around 95 million customers through two customer groups, Personal Financial Services (PFS), including consumer finance, and Commercial Banking (CMB), and two global businesses, Global Banking and Markets (GB&M), and Global Private Banking (GPB). Its international network covers 87 countries and territories in six geographical regions; Europe, Hong Kong, Rest of Asia-Pacific, the Middle East, North America and Latin America. In May 2012, the Company’s 70.03% owned subsidiary, HSBC Bank Malta plc, sold its card acquiring business to HSBC Merchant Services Ltd.|
|Aa3/Negative||LT- foreign currency||09/27/2017|
|Aa3/Negative||LT- local currency||09/27/2017|
|AA-/Negative||Foreign Currency LT||07/07/2016|
|AA-/Negative||Local Currency LT||07/07/2016|
|AA-/Stable||LT Int. Scale (foreign curr.)||09/28/2017|