Parent Company of HSBC Bank Reports 37 Percent Hike in Earnings.

Byline: Chet Bridger

Aug. 5--The parent company of HSBC Bank USA made $273 million in the second quarter, a 37 percent jump from the $199 million the company earned during the same period last year.

HSBC paid $84 million less on bank deposits than it did during the same three months of 2002 and saw revenue from its treasury trading unit in New York City increase sharply.

The numbers for HSBC USA do not include the operations of Household International, the national consumer finance company in Prospect Heights, Ill., which HSBC acquired earlier this year.

Household's numbers are included in earnings released Monday for the London-based …