HSBC Finance Corporation
Mettawa, IL 60045 (Map) Phone: 224-544-2000
http://www.hsbcusa.com/hsbc_finance
Overview
HSBC Finance issues credit cards to middle-class consumers in the US, with a focus on those with less-than-ideal credit. The company offers Visa, MasterCard, American Express, and Discover cards, as well as private-label cards for electronics, furniture, and department stores and other retailers; it has some 15 million cards in circulation under the HSBC, Orchard Bank, and private brands. The company also has agreements with General Motors and the AFL-CIO. It sells life, credit, and other specialty insurance coverage in the US and Canada. HSBC Finance is a subsidiary of HSBC North America; both are part of big British bank HSBC Holdings, which is selling its US credit card portfolio to Capital One.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for HSBC Finance Corporation
| Company Type | Subsidiary of HSBC North America |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £6,318.6 |
| 1-Year Sales Growth | (7.4%) |
| 2010 Net Income (mil.) | (£1,238.5) |
| 2010 Employees | 6,650 |
| 1-Year Employee Growth | (44.1%) |
Key People from Hoover's UK
Key people and executives for HSBC Finance Corporation
| CEO | Patrick J. (Pat) Burke (Subscribers see complete biographies -- view sample)
|
|---|---|
| SEVP and CFO | Edgar D. Ancona |
| SEVP and Chief Technology and Services Officer | Andrew C. Armishaw |
Top Competitors from Hoover's UK
Top competitors of HSBC Finance Corporation
There are 7 competitors for HSBC Finance; see more.Significant Developments
View company events at HSBC Finance Corporation such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
-
Financial Services
-
Lending
- Credit Cards(primary)
-
Lending
