Branch closings scheduled for March are reported to be 4 in New Jersey, 3 in Maryland, and 2 in Delaware. Can any one confirm or deny this report?
Archive for » January, 2009 «
Category: Jobs and Layoffs
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Vietnamese small and medium sized enterprises (SMEs) expect the economy to remain stable or grow this year, with many planning to maintain or increase expenditure and recruitment, according to a survey by HSBC. “There is no doubt that 2009 will be a difficult year for many businesses. Vietnam and Asia as a whole have withstood many difficulties in the last decade, and SMEs are entrepreneurial and resilient,” HSBC’s global co-head of commercial banking, Margaret Leung, said.
Category: Emerging Markets
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Taxes and tax havens are an issue in England. TUC, the national trade union center in the UK, said its research showed that Barclays, Lloyds, HSBC and RBS have over 1,000 subsidiary companies in tax havens dotted across the world. All four banks said that they comply with all relevant tax laws. TUC said tax havens are not necessarily used for tax avoidance.
Category: General News
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OK, so I’ve seen many people post comments about the FHA product coming to HFC/Bene. In a different direction, this entire blog has all along been saying that HSBC has WAY too many legal entities in the USA and that by doing so, HSBC is able to confuse lawmakers when they start snooping around.
Category: Jobs and Layoffs
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November 1999: Gramm-Leach-Bliley Act guts Glass-Steagall, setting off wave of megamergers among banks and insurance and securities companies. Driving force is Sen. Phil Gramm (R-Texas), who has received $4.6 million from the financial sector over previous decade.
Category: Subprime
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