Horrible - Unsupportive, stuck in old ways, HSBC has no interest in US - Anonymous employee HSBC Employee Review

1. HSBC in US is a dying cause: The only area the company places major focus on is commercial banking arm. Retail banking and GB&M are both shrinking in size (though still will exist), and all of the finance company has either been sold off or is in run off. There is opportunity to move up, but if you want to work in an environment where everyone is on their toes for lay offs, then that is up to you. 2. The atmosphere supports no entrepreneurial attitude or creativity in your job (at the staff/manager level). They just want someone to complete part of the process, and they could care less about what you can bring to the table or who you are as a person. 3. The office is really nice, but it is in the middle of no where. No body socializes at work due to the uptight office culture (although gossiping is worse than it was in HS), and certainly no body goes out after work for happy hour. 4. Just a depressing atmosphere in general - everybody in this office knows lay offs already have or are soon to occur and that HSBC USA is not mainstream HSBC at all. We are a portion of a global bank that is a major drag on group consolidated earnings (due to our mortgage portfolio).