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Marine Midland Bank
From Wikipedia, the free encyclopedia
Marine Midland Bank was a bank formerly headquartered in Buffalo with several hundred branches throughout the state of New York. The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank in 1980 and extended to full ownership in 1987. The bank continued to operate under the Marine Midland name until 1998, when the branch offices were rebranded as HSBC and the legal name changed to HSBC Bank USA N.A..
Marine Midland owned, either wholly or in part, several prominent New York City properties, including 250 Park Avenue (100%) and the Marine Midland Building at 140 Broadway in Manhattan (indirect 20% participation in Harry Helmsley's interest), near the World Trade Center. Completed in 1967, this 52-story, 688 ft (209.7 m) highrise provides 1.2 million square feet (110,000 m²) of office space in lower Manhattan and is noted for Isamu Noguchi's distinctive Cube sculpture at its entrance.
Also of note, Marine Midland had purchased naming rights to the Buffalo sports and entertainment venue constructed in 1996, the Marine Midland Arena, home of the Buffalo Sabres. Today, the venue is known as the HSBC Arena.