HSBC Securities Returns to NY Floor

FRONT PAGE: ORGANIZATION AND MANAGEMENT

NEW YORK—HSBC Securities USA has returned a group of traders to a revamped trading floor at 452 Fifth Ave. in midtown Manhattan, after they spent a few months this past summer at a temporary trading floor at 417 Fifth Ave., officials tell DWT.

Completed Sept. 19, the move is part of an effort to revamp an equity platform around key client segments in a more accommodating location, say HSBC officials (DWT, July 4). The 452 Fifth Ave. location was also the site for a Republic Bank of New York

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