A former HSBC employee from Virginia sent this information: “I too have an HFC mortgage which I obtained while an employee of HSBC. I was quoted a payment over almost $2000, not including taxes and insurance which I knew I could not afford long term but signed as they told me I would have an in-house score and if payments were made on time would be able to refi at a lower than 9.75% rate in one year.
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I was an employee of HSBC until a week ago. The company let about 34 of us go from the correspendence disputes departmart. HSBC said due to business reasons but I have to say if you looked at us you would have been surprised. All of the seniors, those with health issues and the higher paid were let go. Did not matter that most of us were the ones that worked anything we were given without complaint and were the ones who always said we will do it before being asked to.
Category: Jobs and Layoffs
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What follows is an unsolicited editorial. I will not give the initials of the sender: “I am glad your site continues as the main watchdog against HSBC!
You have published many of our issues and of course they were drummed out of the USA!
Category: Afterthoughts
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The pension plan deficit of HSBC ballooned over the first half of the year thanks to collapsing corporate bond yields, in the latest examples of corporate pension plans coming under severe pressure in the wake of the financial crisis.
Category: Jobs and Layoffs
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I am one of the 6000 people in the US who lost their jobs with HSBC. We shutdown in April. However, HSBC continues to waste money by sending their ex-employees CD’s to put in a disc player to view all their benefits. WE ARE NO LONGER WORKING THERE! Why are they sending these out? They don’t know either.
Category: Jobs and Layoffs
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