abstract:HSBC Finance Corporation is a financial services company and a member of the British HSBC Group. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States.
Otherpossiblecontenders mightinclude an attempt to poachHSBCfinancedirector Douglas Flint, or the reappointmentofThiam's predecessorMarkTucker, possibly as aninterimchiefexecutive.
Cross border equity tie-ups between financial firms have enjoyed mixed success to put it mildly (think HSBC and Household Finance in the 2000s, or Deutsche Bank and Morgan Grenfell in the 1990s).
Analysts say the problem that firms such as HSBC are facing in expanding their Islamic finance business is that different Muslim countries interpret Islamic law differently.