HSBC 2004 Annual Report Download - page 370

HSBC HOLDINGS PLC
Glossary (continued)
368
Abbreviations used Brief description
Global Markets HSBC’ s treasury and capital markets services in Corporate, Investment
Banking and Markets
Group HSBC Holdings together with its subsidiary undertakings
Hang Seng Bank Hang Seng Bank Limited, the second largest bank in Hong Kong by
market capitalisation
HFC Bank HFC Bank Limited, the UK-based consumer finance business acquired
through the acquisition by HSBC of HSBC Finance Corporation
HK Model Code Rules governing the listing of securities on the HKSE
HKSE The Stock Exchange of Hong Kong Limited
Hong Kong The Hong Kong Special Administrative Region of the People’ s Republic
of China
Hong Kong GAAP Hong Kong Generally Accepted Accounting Principles
Household Bank Household Bank (SB), N.A. a national chartered ‘credit card bank’ in the
US which is a subsidiary of HSBC Finance Corporation
HNAH HSBC North America Holdings Inc, the bank holding company formed
on 1 January 2004 to hold all of HSBC’ s North America operations
HS Historic simulation methodology for calculating trading VAR.
HSBC HSBC Holdings together with it 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 Malaysia HSBC Bank Malaysia Berhad
HSBC Bank Middle East HSBC Bank Middle East Limited, formerly The British Bank of the
Middle East
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 Consumer Finance plus the insurance and commercial banking operations
of HSBC Finance Corporation
HSBC Finance Corporation The US consumer finance company acquired in March 2003 (formerly
Household International, Inc.)
HSBC Holdings HSBC Holdings plc, the parent company of HSBC
HSBC Mexico Grupo Financiero HSBC, S.A. de C.V. (formerly Grupo Financiero Bital,
S.A. de C.V.), 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
IBA International Banking Act of 1978 (US)
IFRS International Financial Reporting Standard
IGU Income generating unit
Industrial Bank Industrial Bank Co. Limited, a national joint-stock bank in China of
which Hang Seng owns 15.98 per cent.
IPO Initial public offering
IT Information technology
KPMG KPMG Audit plc and its affiliates
LIBOR London interbank offered rate
Losango Losango Promotora de Vendas Limitada, the Brazilian consumer finance
company acquired in December 2003
Mainland China The People’ s Republic of China excluding Hong Kong
M&S Money Marks and Spencer Retail Financial Services Holdings Limited, acquired
by HSBC in November 2004.
MMEs Middle market enterprises
Monetary Authority The Hong Kong Monetary Authority
MSCI Morgan Stanley Capital International index
MSRs Mortgage servicing rights