HSBC 2006 Annual Report Download - page 450

HSBC HOLDINGS PLC
Glossary (continued)
448
Abbreviations used Brief description
HNAH HSBC North America Holdings Inc, the bank holding company formed on
1 January 2004 to hold all of HSBC’s North America operations
HSBC HSBC Holdings together with its subsidiary undertakings
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 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 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 USA HSBC’s retail bank in the US. From 1 July 2004, HSBC Bank USA, N.A.
(formerly HSBC Bank USA, Inc.)
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, whose name was changed from CCF
S.A. (previously Crédit Commercial de France S.A.) in 2005
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 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
IFRSs International Financial Reporting Standards
IFRIC International Financial Reporting Interpretations Committee
IGU Income generating unit
Industrial Bank Industrial Bank Co. Limited, a national joint-stock bank in mainland China o
f
which Hang Seng acquired a 15.98 per cent interest in 2004
IPO Initial public offering
Key Management Personnel Directors and Group Managing Directors of HSBC Holdings
KPMG KPMG Audit plc and its affiliates
Losango Losango Promotora de Vendas Limitada, the Brazilian consumer finance
company acquired in December 2003
Mainland China People’s Republic of China excluding Hong Kong
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
MMEs Middle market enterprises
MSCI Morgan Stanley Capital International index
MSRs Mortgage servicing rights
NA Nationally Chartered, a designation for certain categories of banks in the US
NIM Net interest margin
NYSE New York Stock Exchange
OCC Office of the Comptroller of the Currency (US)
OCI Other comprehensive income
OFT Office of Fair Trading (UK)
Option ARMS Adjustable-rate mortgage with alternative payment options