HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock

HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company’s Series B preferred stock of $0.3975 per depositary share payable December 15, 2009, to shareholders of record on December 1, 2009.

About HSBC Finance Corporation

HSBC Finance Corporation, through its subsidiaries, provides credit cards and private label credit cards, taxpayer financial services and specialty insurance products, as well as servicing real estate secured and unsecured loans. HSBC Finance is a subsidiary of HSBC North America Holdings Inc., one of the top ten financial services companies in the United States.