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HSBC is cutting back in the U.S. after its 2003 purchase of Household International Inc. required it to set aside more than $65 billion for bad loans

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Mand tracks HSBC as a California or Nevada corporation

Marcus in California said: “I came across your site today after a frustrating 2 months trying to sort out a dispute with my HSBC credit card. It was welcome reading to know I am not alone! I have been trying to track down the legal name for HSBC and read your info on HSBC Bank Nevada.

Although its listed with the OCC http://www.helpwithmybank.gov/national_banks/bank_list_g-k.html#h it does not come up in a business search of Nevada corporations: http://sos.state.nv.us/sosentitysearch/CorpSearch.aspx so I was confused.

I live in California so I searched there too and did not find HSBC Bank Nevada BUT I did find HSBC Finance Corporation and I think this is who they are.

This is confirmed on HSBC’s own explanation at: http://www.hsbcusa.com/ourcompany by clicking on the third PDF under the heading “More about HSBC” – this is the one called HSBC Finance Corporation Fact Sheet.

If you read this it says that they do credit cards. My credit card statement lists BOTH HSBC Bank Nevada and HSBC Finance Corporation but as I say I can’t seem to track down the Nevada organization in either California or Nevada.

Others may find this info helpful – I think it helps to know who you’re angry with. They have a name, they have a registered address (locally and in Mettawa, Ill) so there is no need to despair…! Good luck everyone lets stick together.

Posted By Timothy Blake

HSBC Watch is a watchdog and consumer activist coalition.

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UPDATE NOTE: HSBC car loans were sold to Santander USA in 2010 :: Most HSBC credit cards became Capital One credit cards in 2012 :: HSBC horrible predatory home mortgages are in run-off