other
confidence high
sentiment neutral
materiality 0.05
HSBC USA Inc. amends bylaws to update gender-neutral language and extend non-executive director term flexibility
HSBC USA INC /MD/
- Board approved bylaw amendment effective April 24, 2025, replacing 'Chairman' with 'Chair' and 'his/her' with 'their'.
- Non-executive director appointments now expire on the third anniversary of appointment or at the first annual meeting after that date.
- Amendment affects two series of listed notes: HUSI/43 and HUSI/43A on NYSE.