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You're browsing: Archived News » 05 All Articles, 05 HSBC - U.S., 05 HSBC Holdings, 05 How It Works » Article Title: HSBC Retail Banking Really Means “Finance Company”

We spotted a new term recently which tries to glorify HSBC’s finance company while downplaying predatory lending from Household International. The term is “HSBC Retail Banking”. While their actually is a bank involved, HSBC retail banking is part of HSBC Finance Corporation – the new name for Household International. True while collar bankers say they are a finance company with little in common with banking.

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