HSBC Bank to relocate jobs to Buffalo from Delaware

HSBC Bank USA will close a 450-person office in New Castle, Del., and plans to relocate an unspecified number of those jobs to the Buffalo Niagara region.

The company made an internal announcement to staff Tuesday that it would be shuttering its facility at Churchman's Corporate Center off of Route 273. Rob Sherman, U.S. Head of Media Relations for Retail Banking and Wealth with HSBC, told WDEL that

HSBC closing facility near New Castle, relocating 500 jobs

HSBC Bank USA N.A. plans to close an office in Delaware and shift 400 jobs to Buffalo and Chicago as part of staff realignment and cost-savings initiatives. Subscribe to get the full story. Already a subscriber? Sign in. Subscribe to get the full story …

HSBC moving nearly 500 jobs out of Delaware

NEW CASTLE, Del. – The multinational banking and financial services company HSBC has announced that they are closing their New Castle office in 2018 and moving nearly 500 jobs out of Delaware. Officials say approximately 400 employees will be. HSBC announced Tuesday it would be eliminating or relocating almost 500 positions from Delaware to Buffalo and Chicago. Below is a statement from Delaware's congressional delegation following today's announcement from HSBC regarding the coming

Financial services company HSBC Bank USA will move about 400 jobs out of Delaware and close its New Castle County center by the end of 2018, a company spokesman said Wednesday. "This is part of an initiative we began two years ago to reduce our. HSBC Bank USA will close a 450-person office in New Castle, Del., and plans to relocate an unspecified number of those jobs to the Buffalo Niagara region. HSBC plans to make the transition mainly over the next year, and finish closing the Delaware …

Banking giant HSBC announced Tuesday that it will be laying off or relocating nearly 500 jobs by the end of next year. Listen. Listening… /. 1:03. Delaware Public Media's James Morrison reports on the layoffs. The News Journal broke the news Tuesday …


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