DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-73,078

HSBC
CONSUMER LENDING RECORDS DEPARTMENT
ELMHURST, ILLINOIS

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
I. The first criterion (set forth in Section 222(a)(1) of the
Act, 19 U.S.C. § 2272(a)(1)) requires that a significant
number or proportion of the workers in the workers' firm
must have become totally or partially separated or be
threatened with total or partial separation.

II. The second criterion (set forth in Section 222(a)(2) of the
Act, 19 U.S.C. § 2272(a)(2)) may be satisfied if either:

(i)(I) there has been a shift by the workers' firm to a
foreign country in the production of articles or
supply of services like or directly competitive with
those produced/supplied by the workers' firm; OR
(i)(II) there has been an acquisition from a foreign
country by the workers' firm of articles/services that
are like or directly competitive with those
produced/supplied by the workers' firm.

III. The third criterion requires that the shift/acquisition
must have contributed importantly to the workers'
separation or threat of separation. See Section
222(a)(2)(B)(ii) of the Act, 19 U.S.C. §
2272(a)(2)(B)(ii).

The investigation was initiated in response to a petition
filed on December 11, 2009 on behalf of workers of the Consumer
Lending Records Department of HSBC, Elmhurst, Illinois. The
workers are engaged in employment related to the record keeping
of consumer loans proferred by the company.
The investigation revealed that workers of this Department
meet the criteria for certification.
Criterion I has been met because layoffs were endured by
workers in this Department during the relevant period.
Criterion II has been met because the subject firm has
shifted to a foreign country the activities of the Consumer
Lending Records Department.
Criterion III has been met because the shift of these
functions to a foreign country contributed importantly to
worker group separations in Elmhurst, Illinois.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Consumer Lending
Records Department of HSBC, Elmhurst, Illinois, meet the worker
group certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:

"All workers of HSBC, Consumer Lending Records Department,
Elmhurst, Illinois, who became totally or partially
separated from employment on or after November 23, 2008,
through two years from the date of certification, and all
workers in the group threatened with total or partial
separation from employment on date of certification through
two years from the date of certification, are eligible to
apply for adjustment assistance under Chapter 2 of Title II
of the Trade Act of 1974, as amended."
Signed in Washington, D.C., this 2nd day of July, 2010


/s/Del Min Amy Chen
_______________________________
DEL MIN AMY CHEN
Certifying Officer, Division of
Trade Adjustment Assistance