HSBC Offers Financial Literacy Workshops to Students at HBCUs: "The first course under the new HSBC-SFEPD partnership was delivered this week at Virginia State University. Additional workshops will be offered in the coming weeks at Rust College in Mississippi, Savannah State University in Georgia, Elizabeth City State University in North Carolina, and Delaware State University. Seminars will be held at 61 universities during the 2005-2006 academic year.

'Now more than ever, it's critical that young adults understand how their short-term financial decisions affect them over the long term,' said Loretta Abrams, HSBC's vice president of community development and consumer advocacy. 'Our credit profile is inextricably linked to the interest rates we pay when buying a home or a car and our ability to get certain jobs. The knowledge of how to make wise credit choices is one of the best gifts we can give to our next generation of leaders.'"