HSBCs North American businesses include HSBC Bank USA, National Association; HSBC Bank Canada; HSBC Mortgage Services; HSBC Card Services; HSBC Retail Services; HSBC Auto Finance; HFC Canada; and HSBC Taxpayer Financial Services as well as the consumer lending business.
Archive for » October, 2004 «
By 2006 London-based multinational bank HSBC - which has a presence in 82 countries and made a profit of $12 billion last year - will have outsourced 7,000 jobs from the UK to back office processing and call centres, mainly in India. The move is entirely cost driven, said UNIFI’s Rob O’Neil.
Category: You Should Know
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Patterns of business fraud more typically fall under RICO statute which is discussed in some detail on the FBI’s website at
Category: Racketeering
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Claimed by HSBC:
“New Merchant Relationship Underscores HSBC’s Leadership in Private Label Financing”
Category: HSBC Global
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October 2004 - HSBC’s Stephen Green outlined the game plan. HSBC’s (Household International’s) subprime focus will shift to Asia once it expands its business in Mexico and Brazil. The Asian hit-list includes India, Malaysia, Singapore and Thailand.
Category: HSBC Global
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