LONDON (AFX) - HSBC Holdings PLC is to expand its US branch network by 10 pct this year in an attempt to increase its North American customer base, the Financial Times on Saturday reported.
It has about 400 branches in the US, mainly concentrated in the New York state area.
HSBC hopes to open a further 40 this year and invest 30 mln usd in a new corporate headquarters in Chicago, the newspaper said.
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