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Press release from Business Wire

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

Wednesday, February 23, 2011

HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock10:55 EST Wednesday, February 23, 2011 METTAWA, Ill. (Business Wire) -- 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 March 15, 2011, to shareholders of record on March 5, 2011. About HSBC Finance CorporationHSBC Finance Corporation, through its subsidiaries, provides credit cards and private label credit cards and specialty insurance products, and also services a liquidating portfolio of residential real estate loans and unsecured loans. HSBC Finance is a subsidiary of HSBC North America Holdings Inc., one of the ten largest bank holding companies in the United States. HSBC Finance CorporationMedia Contact:Rob Sherman, 212-525-6901robert.a.sherman@us.hsbc.com