HSBC Finance Corp 1Q 2007 8-K

HSBC Holdings PLC
15 May 2007



                                    FORM 8-K
                            HSBC FINANCE CORPORATION

This Form 8-K contains slides to be used in a webcast presentation pertaining to
the financial results of HSBC Finance Corporation for the three months ended
March 31, 2007. The webcast will occur on May 15, 2007 at 9:00 a.m. (Eastern)
and may be accessed at [phone] in the United States, 0800.018-0795 in the
United Kingdom and (800) 964-136 in Hong Kong. Replays of the call will be
available from 11:00 a.m. (Eastern) on May 15 until 11:00 a.m. (Eastern) on May
22, 2007 and may be accessed by dialing [phone] in the United States,
0800 376-9055 in the United Kingdom and (852) 2802-5151 in Hong Kong, with the
passcode of 723370.

The information included in the slides with respect to HSBC Finance Corporation
is presented on an International Financial Reporting Standards ("IFRSs")
Management Basis. IFRS is comprised of accounting standards issued by the
International Accounting Standards Board and its predecessor body and
interpretations issued by the International Financial Reporting Interpretations
Committee and its predecessor body. IFRS Management Basis results are IFRS
results that assumes that mortgage and private label receivables transferred to
HSBC Bank USA, N.A.., an affiliate of HSBC Finance Corporation have not been
sold and remain on the HSBC Finance Corporation balance sheet.

HSBC Finance Corporation has filed its Quarterly Report on Form 10-Q for the
period ended March 31, 2007 contemporaneously with this Form 8-K. The Form 10-Q
is prepared on a U.S. GAAP basis with segment results prepared on an IFRS
Management Basis.


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