Long-term rating of Household (Household International, a wholly owned subsidiary of HSBC) will be driven by the completion of the planned transfer of credit card receivables in 2004 to HSBC Bank USA and the resulting capital plans for Household, in conjunction with HSBC.
Archive for » September, 2004 «
Household Watch points out the names of subsidiaries, found in Google’s news about Brian Zemple:
Brian Zempel was named managing director of HSBC’s business solutions group, the commercial side of HSBC’s retail services business.
Category: HSBC North America
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TESTIMONY OF
ELIOT SPITZER
NEW YORK ATTORNEY GENERAL
BEFORE THE ASSEMBLY STANDING COMMITTEE ON BANKS
REGARDING THE
OFFICE OF THE COMPTROLLER OF THE CURRENCY’S
PREEMPTION OF STATE CONSUMER PROTECTION LAWS
Category: You Should Know
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Dillard’s went with GE, not Household International, a wholly owned subsidiary of HSBC. Reports that GE Consumer Finance does not suffer the tarnished image one associates with Household have not been verified but Household Watch suspects the reports are true.
Category: General
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Saks, which now has a contract with Household Retail Services, the predatory lending subsidiary of HSBC, posted a loss for the second quarter of 2004.
Category: General
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