Randall L. Raup has been named president of HSBC Mortgage Corp. and executive vice president of HSBC Bank USA, Prospect Heights, Ill., pending approval by the bank's board of directors.HSBC said Mr. Raup was previously senior vice president and chief financial officer of HSBC Mortgage, which he joined in August 2004 after 20 years at Household Finance. (In December, Household Finance was merged into Household International Inc., which has changed its name to HSBC Finance Corp.) HSBC-North America, which encompasses all of HSBC's U.S. and Canadian businesses, can be found online at http://www.hsbcusa.com.

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