HSBC Bank – the UK arm of the banking giant – will have a new chairman at the end of this year when Stephen Green succeeds Sir John Bond. Mr Green is currently chief executive of parent company HSBC Holdings and Sir John will retain his role as group chairman of that company.
Earlier in the […]
Dow Jones, CBS News, and HSBC USA were all browsing Household - HSBC Watch at the same time this morning. The State of Florida and the State of Ohio came online shortly thereafter.
On a cold December morning which is actually the last Wednesday of 2004, the popularity of Household - HSBC Watch continues to […]
“The consumers with their complaints are the pieces of s**t that do not know how to manage money. Get an education and use it. Stop buying things and using credit cards. Invest in some real estate and drive a crappy car through your pitiful lives. At least you will retire thinking you accomplished something.”
Legal experts remind consumers that US law allows judges to triple the damage awards in RICO (racketeering, influence and corruption) cases. Currently Household International, a predatory subsidiary of HSBC, is charged under RICO in two cases. One is Beneficial Finance and H&R Block, and the other is a Tennessee case. Some analysts […]
HSBC Finance Corporation, a wholly owned subsidiary of HSBC and once known as predatory lender Household International, must certify financial reports under Sarbanes - Oxley in the United States. Of particular interest will be earnings from private label credit cards. Household was charged with crediting payments late to collect illegal interest, late fees […]
On October 25, 2004 Household - HSBC Watch reported on a Nashville Tennessee court filing wherein Household International, now called HSBC Finance Corporation, was charged with alleged racketeering, influence and corruption.
On March 31, 2004 we reported that a claim against tax preparer H&R Block and Household on two provisions of RICO — racketeering and […]
From Reports Published: December 26 2004 20:39
HSBC plans to expand in Asia’s fledgling consumer finance market next year by using the techniques of Household International, the US company it acquired for $13bn last year, to attract lower-income customers. In an interview with the Financial Times, an HSBC representative said consumer finance lending to […]
Articles continue to appear in the British press regarding Marks and Spencer. It appears the ailing retailer announced the departure of four main board directors and two other senior executives. HSBC subsidiary HSBC Finance Corporation acquired the firm’s credit card portfolio. As part of the deal Marks and Spencer receives fifty percent of […]
Household Watch released a toolbar for Internet Explorer. Putting HSBC Watch information at your fingertips, the free toolbar even displays the latest syndicated news about HSBC and Household.
Also included on the toolbar: A free online spell checker can be used anywhere on the web. A quick link to free Internet […]
Dec. 23 (Bloomberg) — BNP Paribas SA and over two dozen European, Asian and African banks, including HSBC, are vying to arrange an estimated $50 billion of corporate loans in Iran. U.S. policies bar the world’s three biggest lenders — Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co. — from the market. […]
Call somebody about this, anywhere in the world, for FREE
An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
We are not associated with HSBC, Household International, or their merchants.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.
