Certified
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TAW-94718  /  HSBC Technology Services, USA (HTSU) (Arlington Heights, IL)

Petitioner Type: State
Impact Date: 04/10/2018
Filed Date: 04/10/2019
Most Recent Update: 09/12/2019
Determination Date: 09/12/2019
Expiration Date: 09/12/2021

DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-94,718

HSBC BANK TECHNOLOGY AND SERVICES, USA (HTSU)
GLOBAL RISK ANALYTICS UNIT
A SUBSIDIARY OF HSBC NORTH AMERICA HOLDINGS INC.
ARLINGTON HEIGHTS, ILLINOIS

TA-W-94,718A

HSBC BANK TECHNOLOGY AND SERVICES, USA (HTSU)
GLOBAL RISK ANALYTICS UNIT
A SUBSIDIARY OF HSBC NORTH AMERICA HOLDINGS INC.
BUFFALO, NEW YORK

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor herein
presents the results of an investigation regarding certification
of eligibility to apply for worker adjustment assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the workers
in such workers' firm have become totally or partially
separated, or are threatened to become totally or
partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of articles
or supply of services like or directly competitive with
those produced/supplied by the workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on April 10, 2018 by a state workforce office on behalf of
workers of workers of HSBC Bank Technology and Services, USA
(HTSU), Global Risk Analytics Unit, a subsidiary of HSBC North
America Holdings, Inc., Arlington Heights, Illinois (TA-W-
94,718) and HSBC Bank Technology and Services, USA (HTSU),
Global Risk Analytics Unit, a subsidiary of HSBC North America
Holdings Inc., Buffalo, New York, (TA-W-94,718A) (hereby
referred to as "HSBC Bank Technology and Services, USA").
The workers are engaged in activities related to the supply
of risk analytics services.
During the course of the investigation, information was
collected from the petitioner and the workers' firm.
Section 222(a)(1) has been met because a significant number
or proportion of the workers in HSBC Bank Technology and
Services, USA have become totally or partially separated, or are
threatened to become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers' firm
has shifted to a foreign country the supply of a service like or
directly competitive with the service supplied by the workers
which contributed importantly to worker group separations in
HSBC Bank Technology and Services, USA.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of workers of HSBC Bank
Technology and Services, USA (HTSU), Global Risk Analytics Unit,
a subsidiary of HSBC North America Holdings Inc., Arlington
Heights, Illinois (TA-W-94,718) and HSBC Bank Technology and
Services, USA (HTSU), Global Risk Analytics Unit, a subsidiary
of HSBC North America Holdings Inc., Buffalo, New York, (TA-W-
94,718A), who are engaged in activities related to the supply of
risk analytics services, meet the worker group certification
criteria under Section 222(a) of the Act, 19 U.S.C. § 2272(a). In
accordance with Section 223 of the Act, 19 U.S.C. § 2273, I make
the following certification:
"All workers of HSBC Bank Technology and Services, USA
(HTSU), Global Risk Analytics Unit, a subsidiary of HSBC
North America Holdings Inc., Arlington Heights, Illinois
(TA-W-94,718) and HSBC Bank Technology and Services, USA
(HTSU), Global Risk Analytics Unit, a subsidiary of HSBC
North America Holdings Inc., Buffalo, New York, (TA-W-
94,718A), who became totally or partially separated from
employment on or after April 10, 2018 through two years from
the date of certification, and all workers in the group
threatened with total or partial separation from employment on
the date of certification through two years from the date of
certification, are eligible to apply for adjustment assistance
under Chapter 2 of Title II of the Trade Act of 1974, as
amended."
Signed at Washington, D.C. this day of September, 2019



_____________________________
HOPE D. KINGLOCK
Certifying Officer, Office of
Trade Adjustment Assistance


Signed in Washington, D.C. this 12th day of September 2019.

/s/Hope D. Kinglock
______________________________
HOPE D. KINGLOCK
Certifying Officer, Office of
Trade Adjustment Assistance