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HSBC (HBC +0.8%) says it's renewed its private label credit card agreement with Saks (SKS...

HSBC (HBC +0.8%) says it's renewed its private label credit card agreement with Saks (SKS +1.3%), Darvin Furniture, Big Lots (BIG +1.1%) and Berkshire Hathaway's (BRK.A -0.1%) Jordan's Furniture. The renewals bode well for Capital One (COF +1.3%), which is buying the bank's U.S. card business and runs the risk of losing some of its partners.
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