OREANDA-NEWS. June 11, 2015. HSBC Finance Corporation (the "Company") has been engaged in an on-going evaluation of its operations as it seeks to optimize its risk profile and cost structure as well as its liquidity, capital and funding requirements. 

As part of this on-going evaluation, on June 5, 2015, the Company's Board of Directors approved management's recommendation to transfer substantially all of the Company's first lien real estate secured receivables held for investment which have been either re-aged, modified or subject to a bankruptcy filing since 2007, along with any second lien balances associated with these loans with an aggregate carrying value of approximately \\$10 billion at April 30, 2015, to receivables held for sale as the Company no longer has the intent to hold these receivables.

 A copy of the HSBC Finance Corporation Form 8-K dated June 9, 2015 can be found on the U.S. Securities and Exchange Commission website at: 

https://www.sec.gov/Archives/edgar/data/354964/000035496415000013/0000354964-15-000013-index.htm