HSBC USA, a subsidiary of British banking behemoth HSBC Holdings, operates HSBC Bank USA, one of the largest foreign-owned banks in the country. Boasting $200 billion in assets and 230-plus branches across 10 US states (including 145 in New York, making it one of the state's largest banks by branches), the bank offers personal, commercial, and mortgage banking services, as well as wealth management, investment banking, private banking, brokerage, and trust services. Its largest markets are in New York, California, New Jersey, and Florida. Roughly 75% of HSBC USA's loan portfolio is made up of commercial loans, and around 70% of its total revenue comes from interest income.