HSBC 2007 Annual Report Download - page 468

HSBC HOLDINGS PLC
Glossary (continued)
466
Abbreviations used Brief description
HSBC Bank HSBC Bank plc, formerly Midland Bank plc
HSBC Bank Argentina HSBC Bank Argentina S.A.
HSBC Bank Brazil HSBC Bank Brasil S.A.-Banco Múltiplo, HSBC’s retail banking operation in Brazil,
formerly Banco Bamerindus do Brasil S.A.
HSBC Bank China HSBC Bank (China) Company Limited, HSBC’s banking subsidiary in mainland China
which was incorporated in March 2007
HSBC Bank Delaware HSBC Trust Company (Delaware), N.A., a US nationally chartered bank restricted to
trust activities
HSBC Bank Malaysia HSBC Bank Malaysia Berhad
HSBC Bank Maryland HSBC National Bank USA
HSBC Bank Middle East HSBC Bank Middle East Limited, formerly The British Bank of the Middle East
HSBC Bank Nevada HSBC Bank Nevada, NA, (formerly Household Bank (SB), N.A.) a nationally chartered
‘credit card bank’ in the US which is a subsidiary of HSBC Finance
HSBC Bank Panama HSBC Bank (Panama) S.A., formerly Grupo Banistmo S.A., the leading banking group
in Central America
HSBC Bank USA HSBC’s retail bank in the US. From 1 July 2004, HSBC Bank USA, N.A. (formerly
HSBC Bank USA, Inc.)
HSBC Direct HSBC’s online banking and savings proposition
HSBC Finance HSBC Finance Corporation, the US consumer finance company acquired in March 2003
(formerly Household International, Inc.)
HSBC France HSBC’s French banking subsidiary, formerly CCF S.A.
HSBC Holdings HSBC Holdings plc, the parent company of HSBC
HSBC Mexico HSBC México S.A., the commercial banking subsidiary of Grupo Financiero HSBC,
S.A. de C.V. and the fifth-largest bank in Mexico by deposits and assets
HSBC Premier HSBC’s premium global banking service
HSBC Private Bank (Suisse) HSBC Private Bank (Suisse) S.A., HSBC’s private bank in Switzerland (formerly HSBC
Republic Bank (Suisse) S.A.)
IAS International Accounting Standard
IASB International Accounting Standards Board
IFRSs International Financial Reporting Standards
IFRIC International Financial Reporting Interpretations Committee
Industrial Bank Industrial Bank Co. Limited, a national joint-stock bank in mainland China of which
Hang Seng currently has a 12.78 per cent interest
IPO Initial public offering
IRB Internal ratings-based approach to implementing Basel II
IVAs Individual voluntary arrangements (UK)
KEB Korea Exchange Bank
Key Management Personnel Directors and Group Managing Directors of HSBC Holdings
KPI Key performance indicator
KPMG KPMG Audit Plc and its affiliates
LIBOR London Interbank Offer Rate
Losango Losango Promoções e Vendas Ltda, the Brazilian consumer finance company acquired
in December 2003
Mainland China People’s Republic of China excluding Hong Kong
MBSs US mortgage-backed securities
Metris Metris Companies Inc., US credit card issuer acquired in December 2005
M&S Money Marks and Spencer Retail Financial Services Holdings Limited, acquired by HSBC in
November 2004
MSCI Morgan Stanley Capital International index
MSRs Mortgage servicing rights
NA Nationally Chartered, a designation for certain categories of banks in the US
Net investment hedges Hedge of a net investment in a foreign operation
NYSE New York Stock Exchange