HSBC announced that, starting next Monday (11th), the interest rate on the bank's USD savings deposit account will be reduced by 25 bps, from 0.75% p.a. to 0.5%.Prior to this, HSBC had adjusted the interest rate for USD savings accounts on September 20, 2024, when it was cut by 25 bps.Related NewsCiti Elevates TPs for HSBC HOLDINGS/ STANCHART to $89.8/ $95.9