HSBC is ending its U.S. division serving small and medium sized businesses, impacting 4,500 clients. This move primarily affects domestic U.S. companies continuing HSBC's pullback from the U.S. retail market started in 2021.

• HSBC dropping 4,500 US SMB clients.
• Focus is on domestic, not international, firms.
• Continues HSBC’s US retail banking exit.