Summary of HSBC FINANCE CORP

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HSBC-PB > SEC Filings for HSBC-PB > Form 8-K on 1-May-2012

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Form 8-K for HSBC FINANCE CORP

1-May-2012

Other Events, Financial Statements and Exhibits

Item 8.01. Other Items.

On May 1, 2012, HSBC Holdings plc ("HSBC") issued a press release announcing that, through its indirect, wholly owned subsidiaries, HSBC Finance Corporation, HSBC USA Inc., HSBC Technology and Services (USA) Inc. and other wholly owned subsidiaries, HSBC completed the previously-announced sale and transfer of certain of the assets and liabilities of its card and retail services business in the United States to Capital One Financial Corporation. A copy of the press release issued by HSBC is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release dated May 1, 2012

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