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HSBC opens in Cupertino, promises 50 new U.S. branches

HSBC opens in Cupertino, promises 50 new U.S. branches
FILE PHOTO: The HSBC logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause -
Reinhard Krause(Reuters)
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(Reuters) – The North American arm of HSBC Holdings Plc has opened a branch in Apple Inc’s home town of Cupertino, California, and intends to add up to 50 branches in new and existing markets, the bank said in a statement on Monday.

HSBC Bank USA said it would hire more than 300 employees as a part of the expansion of its national retail branch network.

(Reporting by Sangameswaran S in Bengaluru; editing by Patrick Graham)

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