14 December 2020

HSBC wins accolades in TMI Awards for Innovation & Excellence 2020

HSBC announced today that it was awarded Best Bank for Cash & Liquidity Management – North America, and Best Bank for Trade Finance & Financial Supply Chain – North America, in the TMI Awards for Innovation & Excellence 2020.

In addition, Diane Reyes, Global Head of Liquidity and Cash Management, was named Outstanding Treasury4Good Leader of the Year.

“It is an honor to receive accolades from Treasury Management International,” said Patricia Gomes, North American Regional Head of Global Trade and Receivables Finance. “Trade can play a leading role in the global economic recovery post pandemic. As the leading trade finance bank, HSBC is well-positioned to help customers capitalize on the long-term trends impacting trade to find growth.”

“We are grateful to have been recognized by TMI in the annual Innovation & Excellence Awards,” said Drew Douglas, Head of Liquidity and Cash Management, US and Canada. “Clients are at the center of everything we do, and during this increasingly challenging year, helping our customers efficiently manage their cash flow has been more important than ever.”

HSBC has also won several other honors in the TMI Awards for Innovation & Excellence 2020, including Global Bank of the Year for Cash & Liquidity Management, and Best Mobile Technology Solution for Treasury, among others.

Since their launch more than a decade ago, the TMI Awards for Innovation & Excellence aim to establish the quality benchmark for the treasury profession, formally recognizing the banks, vendors, consultants, and practitioners who are defining new frontiers and driving best practices in treasury management globally. The Treasury4Good Award recognizes the growing importance of Corporate Social Responsibility (CSR), Environmental, Social & Governance (ESG) and Diversity & Inclusion (D&I) in the treasury marketplace.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through retail banking and wealth management, commercial banking, private banking, and global banking and markets segments. It operates bank branches in: California; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a Member of FDIC. Investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,956bn at 30 September 2020, HSBC is one of the world’s largest banking and financial services organisations.