HSBC Finance Corporation Form

RNS Number : 0870O

HSBC Holdings PLC

01 March 2009

 



2 March 2009

HSBC FINANCE CORPORATION

FORM 8-K

The attached document will be released today to the SEC in the United States of America.

This Form 8-K contains slides in Exhibit 99.1 pertaining to the financial results of HSBC Finance Corporation for the year ended December 31, 2008.

The information included in the slides with respect to HSBC Finance Corporation is presented on an International Financial Reporting Standards ("IFRSs") Management Basis. IFRS is comprised of accounting standards issued by the International Accounting Standards Board and its predecessor body and interpretations issued by the International Financial Reporting Interpretations Committee and its predecessor body. IFRS Management Basis results are IFRS results that assume that mortgage and private label receivables transferred to HSBC Bank USA, N.A., an affiliate of HSBC Finance Corporation, have not been sold and remain on the HSBC Finance Corporation balance sheet.

HSBC Finance Corporation has filed its Annual Report on Form 10-K for the period ended December 31, 2008 contemporaneously with this Form 8-K. The Form 10-K is prepared on a U.S. GAAP basis with segment results prepared on an IFRS Management Basis.

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To view the slides referred to above, please follow the link below;

http://www.rns-pdf.londonstockexchange.com/rns/0870O_-2009-3-1.pdf

 

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