...+ We expect U.K.-incorporated HSBC Bank PLC to strengthen its capital position steadily as it fills the buffers required under current regulations. + We are revising upward our assessment of the bank's capital and earnings to adequate from moderate, and revising downward our risk position assessment to adequate from strong. Our view of the bank's overall stand-alone creditworthiness is unchanged. + We are affirming the '##-/A-1+' counterparty credit ratings on HSBC Bank, reflecting our view of its core status within the broader HSBC group. + The stable outlook mirrors that on the bank's parent, HSBC Holdings PLC. LONDON (Standard & Poor's) Jan. 19, 2016--Standard & Poor's Ratings Services today said it has affirmed its long- and short-term counterparty credit ratings on U.K.-incorporated HSBC Bank PLC at '##-/A-1+'. The outlook is stable. HSBC Bank is a direct, wholly-owned subsidiary of HSBC Holdings PLC and we assess it as a core member of the broader group. The bank is HSBC group's largest...
