HSBC said “potentially fewer than ten people” were compromised in a theft of personal data from HSBC Private Bank in Geneva. Le Parisien newspaper said that the files contained details of thousands of clients of HSBC Private Bank in Geneva.
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Buffalo was the headquarters of Marine Midland Bank — now HSBC Bank USA — for about 150 years before HSBC moved the legal headquarters, first to Delaware and now to northern Virginia. It still employs 6,000 in Buffalo, where it maintains substantial banking, support and back-office operations, but its holding company, HSBC USA, is based in New York City.
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Acording to the Attorney General of New Hampshire HSBC exposed sensitive bankruptcy data. Some customers of the following HSBC companies are affected: HSBC Taxpayer Financial Services, Beneficial New Hampshire and Household Finance Corporation.
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HSBC North America Chief Executive Brendan McDonagh said favorable business trends seen in the third quarter have continued in the fourth quarter. What McDonagh really means is that the HSBC credit card business is more profitable now that HSBC raised your rates and cut available credit.
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