HSBC Finance Corp. said yesterday it is selling its U.S. auto loan servicing operations, including a facility in San Diego, to Santander Consumer USA.
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Category: Jobs and Layoffs
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HSBC is cutting 1,700 administrative jobs in U.K., more than 4 percent of its workforce in Britain. HSBC will eliminate the roles in Southampton, Sheffield and Southend, England, “over the next year,” the London-based bank said in an e-mailed statement today. The restructuring will also create several hundred new jobs, the bank said.
Category: Jobs and Layoffs
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In our ‘Afterthoughts’ category we present a report from a former employee: “I worked for Beneficial Finance and the company was purchased by HFC (Household International). I know for a fact that one of my co workers, who later became a manager, was inflating values of homes so she could make a mortgage loan.
Category: Afterthoughts
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2006 - 2008 — William F. Aldinger, 61, retired as President, Chief Executive Officer and Chairman of the Board of Directors of Capmark Financial Group Inc., a commercial real estate finance company, in December 2008, positions he had held since June 2006.
Category: Afterthoughts, General News
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I used to work for Beneficial, my branch closed Oct 2008. One of the upper level executives actually came to KY and walked into our branch with our DM. I got my severance, I got my pay. What I didn’t get and have given up now trying to get it back. I have tried for almost a year now to get my Employee stock options money back.
Category: Afterthoughts
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