IMPORTANT NOTICE: HSBC Financial Corporation Limited to wind down consumer finance business

HSBC Financial Corporation Limited announced March 21, 2012 that it is winding down its consumer finance business.

After careful assessment, HSBC determined that the consumer finance business no longer supports the Bank's core businesses and growth strategy in Canada. This decision was not taken lightly. Every effort is being made to ensure the transition is as seamless as possible for our customers.

This announcement impacts both the HSBC Finance offices and the Retail Services business.

What does this mean to you?

If you have a loan from HSBC Finance:

If you have a mortgage or unsecured loan from HSBC Finance you are still obligated to pay any balance owing on your loan. If you have questions about your mortgage or loan, please call 1-888-318-0271.

If you have an Account from HSBC Retail Services:

If you have a store credit card originally issued by HSBC Retail Services, the portfolio has been sold. Any questions can be directed to
1-866-245-4722.

If you have financed a Power Sports purchase you are still obligated to pay any balance owing on your loan. If you have questions call
1-888-621-6113