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HSBC Bank USA plans to acquire the Portland, Ore., and Seattle, Wash., branch offices of the Buffalo-based bank's Canadian affiliate, HSBC Bank Canada.
The acquisition, terms of which were not disclosed, would give HSBC Bank USA branch offices in all three Pacific Coast states: Three in California, and one each in Oregon and Washington.
The two offices had been branches of the Canadian bank since 1996 when they were assigned to it in an...