Wednesday, January 3, 2018

UK Giant HSBC Financial Holdings PLC With a Stock Market Cap of US$ 205 Bil Has a Finance Subsidiary in the US (HSBC Finance Corp) Which Suffered Total Losses From Continuing Operations of US$ 24 Bil For the Six Years 2007 to 2012, Thus the Large Deferred Income Tax Asset (DTA) Now

From its US SEC Filings, HSBC Finance Corp is Headquartered in Arlington Heights, IL and many years ago was the Household International Inc.