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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 1, 2008

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Commission file number 1-8198

HSBC FINANCE CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

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(State of incorporation)

86-1052062

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(IRS Employer Identification Number)

26525 N. Riverwoods Boulevard

Mettawa, Illinois

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(Address of principal executive offices)

60045

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(Zip Code)

Registrant's telephone number, including area code (224) 544-2000

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(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

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On May 1, 2008, the registrant’s Board of Directors approved an amendment and restatement of the registrant’s bylaws (the "Bylaws") to (i) assign certain administrative duties and responsibilities to the registrant’s Corporate Secretary, (ii) limit the applicability of certain notice and call provisions with respect to special meetings of stockholders for so long as HSBC Holdings plc and its subsidiaries own 100 percent of the outstanding common stock of the registrant (Article II, Sections 2 and 3), (iii) revise the definition of "Policy Making Officers" (Article IV, Section 1) and (iv) remove the descriptions of duties of officers not included in the revised definition of Policy Making Officers (Article IV, Sections 4 through 6). A copy of the registrant's Bylaws, as amended and restated, is filed as Exhibit 3.2 to this Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

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(d)	Exhibits.
	Exhibit No.	Description

	3.2	Registrant’s bylaws, as amended and restated.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HSBC FINANCE CORPORATION
(Registrant)

By: /s/ Patrick D. Schwartz
Patrick D. Schwartz
Executive Vice President, Deputy General Counsel

and Corporate Secretary

Dated: May 2, 2008

Exhibit Index

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Exhibit No.	Description

3.2	Registrant’s bylaws, as amended and restated.