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Household HSBC Watch is a watchdog and consumer advocacy organization.
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
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Shares of HSBC fell on Friday after Goldman Sachs downgraded the bank to “sell” from “neutral” and slashed its price target to 650 pence from 950 pence. Goldman Sachs said, in a report on Euoropean banks, that recent actions by policymakers across the globe has eroded the outperformance of HSBC. Here at Household – HSBC Watch we often wonder where profits are coming from at HSBC.
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