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.
Popularity: 4% [?]
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.
Popularity: 3% [?]
The Household – HSBC Watch visitor quote of the year award goes to an employee of Household International’s London Kentucky facility. It said:
Popularity: 33% [?]
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 think Shea v Household could result in RICO suits as well.
Popularity: 10% [?]
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 and past due fees.
Popularity: 5% [?]
Legal Info
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.
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.
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