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Industry Center - Credit Services
Industry Center > Credit Services > HSBC Finance Corporation Company Profile
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HSBC Finance Corporation Company Profile
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 offered 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.
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Contact Information
Address: 26525 N. Riverwoods Blvd.
Mettawa, IL 60045
Phone:224-544-2000
Fax:
Financial Highlights
Fiscal Year End:December
Revenue (2011):8981.00 M
Revenue Growth (1 yr):(-8.10%)
Employees (2011):5,350
Employee Growth (1 yr):(-19.50%)
Key People
CEO: Patrick J. (Pat) Burke
SEVP and CFO: Edgar D. Ancona
SEVP and Chief Technology and Services Officer: Andrew C. Armishaw
Industry Information
Sector: Financial
Industry: Credit Services
Top Competitors
Bank of America Corporation (bac)
Capital One Financial Corporation (cof)
JPMorgan Chase & Co. (jpm)
 


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