This article is about the specialized lender and credit card issuer. For the U.S. bank, see HSBC Bank USA. For the global HSBC Group, see HSBC. For other individual entities of the group, see HSBC Bank.
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HSBC Finance Corporation
Company type
Subsidiary
Industry
Finance and insurance
Founded
1878; 146 years ago (1878)
Headquarters
Mettawa, Illinois, United States
Key people
Niall Booker (Chairman) Parick Burke(CEO)
Products
Financial services
Number of employees
58,000 (including HSBC Bank USA, HSBC Bank Canada and CIBM)
Parent
HSBC
Website
www.hsbc.com
HSBC Finance Corporation is a financial services company and a subsidiary of HSBC Holdings. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States. HSBC Finance Corporation was formed from the legal entity that had been known as Household International—shortly after Household International settled for US$486 million in charges pertaining to predatory lending, after burning through $389 million in legal fees and expenses[1]—and is now expanding its consumer finance model via the HSBC Group to Brazil, India, Argentina and elsewhere.[citation needed]
HSBC Finance Corporation's subsidiaries primarily provide real estate secured loans, auto finance loans, MasterCard and Visa credit card loans, private label credit cards, personal non-credit card loans and specialty insurance products to middle-market consumers.
^"Top Ten by Largest Settlement". securities.stanford.edu. Stanford Law School. n.d. Retrieved 22 September 2020.
HSBCFinance Corporation is a financial services company and a subsidiary of HSBC Holdings. It is the sixth-largest issuer of MasterCard and Visa credit...
HSBC Bank Chile (Only commercial banking) HSBC México HSBC Uruguay HSBC Bank USA HSBCFinance Corporation HSBC Securities (USA) Inc. Middle East HSBC...
(takaful), and home finance. In April 2008, HSBC launched a campaign selling mortgages. This was seen as a risky move by media and HSBC staff due to their...
division HSBC Continental Europe in the euro area HSBC Trinkaus in Germany HSBC Bank Malta HSBC Bank Polska HSBC Bank (Turkey) HSBC Bank USA HSBCFinance, a...
HSBC Bank USA, National Association, an American subsidiary of the British banking group HSBC, is a bank with its operational head office in New York...
financial planning, trade finance, treasury, and financial markets, payments and cash management, and securities custody. HSBC Bank Australia was granted...
HSBC Continental Europe, known until December 2020 as HSBC France SA, is a subsidiary of HSBC, headquartered in Paris. It has been designated as a Significant...
HSBC Expat, formerly HSBC International, is the offshore banking arm of the HSBC Group and is wholly owned by HSBC Holdings plc. Banks portal HSBC Bank...
HSBC Trinkaus & Burkhardt AG, operating as HSBC Deutschland, is a German financial services company. It traces its history back to 1785 and is one of...
HSBC Bank Malta plc is the Maltese subsidiary of the British multinational banking and financial services company HSBC. The company is headquartered in...
Argentina and comprises HSBC Bank Argentina, HSBC MAXIMA AFJP, HSBC La Buenos Aires and HSBC New York Life. Proa was a local consumer finance company set up to...
Household International was in turn acquired by HSBC Group in 2003, and made a part of the HSBCFinance Company. Banks portal "Colonel Clarence Hodson"...
The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) or HSBC Bank India, is incorporated in Hong Kong SAR with limited liability...
2009, HSBCFinance Corporation announced its auto finance entities had reached an agreement with Santander Consumer USA Inc.(SC USA) to sell HSBC US auto...
refer to: Beneficial Corporation, a consumer finance company founded in 1914 that was ultimately bought by HSBC Corporation Beneficial Loan Society, the former...
Services, Inc., HSBCFinance, Citigroup, Wells Fargo, and Monterey Financial Services, Inc.[citation needed] The more generic name "consumer finance" is also...
HSBC Bank Canada (French: Banque HSBC Canada), formerly the Hongkong Bank of Canada (HBC), was a British-Canadian chartered bank and the former Canadian...
real estate investment trust. In 2006, the company was second only to HSBCFinance in issuing subprime mortgages. In the spring of 2007, New Century ran...
has several meanings including: HSBCFinance - A financial services company and a member of the HSBC Group. Home Finance Company - A commercial bank in...
HSBC Bank Middle East Limited (Arabic: إتش إس بي سي الشرق الأوسط) is the largest and most widely represented international bank in the Middle East. The...
Saudi Arabia, and serves as HSBC’s investment banking arm in the Kingdom. The bank provide services in corporate finance, asset management, equity brokerage...
Consultants, an American atomic imaging company Home Finance Company, Ghana HFC Bank, part of HSBCFinance, United States Home Front Command, Israel Hundred...
centered on trade finance. "HSBC In $ 7 M. Refurbishment Drive". Banks portal Official website "HSBC in Sri Lanka: Awards and achievements". HSBC. Retrieved...
polo team which won the gold medal. He also was a businessman, founding HSBCFinance in 1878. In 1927, he committed suicide by shooting himself while living...
Global Information
