Household HSBC Watch

William F. Aldinger III was relieved by Sir John Bond of HSBC after lackluster profits from North American operations again hurt HSBC globally. Analysts say almost one-third of UK residents had an interest in the fortunes of HSBC - either through shares or pension funds. Aldinger was relieved of command one year […]

Relative to a conversation between Household - HSBC Watch and the Office of the Comptroller of the Currency (OCC) the following regulators have oversight and responsibility:

OTS: HFC - Household Finance Corporation (OTS is the Office of Thrift Supervision)
OTS: Household Financial Services
OCC: Beneficial Finance - Beneficial Bank
FRB: Household Retail Services, HSBC […]

IRVINE, Calif., Feb. 25 /PRNewswire-FirstCall/ — New Century Financial Corporation (NYSE: NEW - News), a real estate investment trust and the parent company of one of the nation’s largest non-prime mortgage finance companies, announced today that Edward F. Gotschall, vice chairman, finance, will be the keynote speaker at the Fourth Annual Subprime Summit 2005 held […]

Menards, a store that uses Household and HSBC for financing, continues to sponsor a top fuel NHRA dragster. An expensive endeavor, the Menards car has underperformed, as has Menards. One way to fund an expensive sponsorship in NHRA is to receive “ongoing compensation” from HSBC. Customers that pay unwarranted late fees, overlimit […]

A review of the AT&T search engines showed Household - HSBC Watch dominated the top 10 positions when searching for hrsaccount.com, the online payment site for predatory lender Household International and HSBC Finance Corporation. For years consumers have had problems with the site, policies, and inability to use the site to pay online. […]

As Household - HSBC Watch looks out for you we talked with the Missouri Attorney General and the Office of the Comptroller of the Currency (OCC) today (25 February 2005). New changes in consumer complaint reporting make it easier for you to complain about Household, HSBC, and any of over 60 merchants. Although […]

Andrew Armishaw, group executive and chief information officer at HSBC has some explaining to do. Consumers have reported in recent weeks that HSBC’s online payment website, www.hrsaccount.com , will not let customers pay their accounts online. The number of complaints about the online payment website rose to an all time high in […]

Tax preparer H&R Block Inc. reported a 14 percent drop in third-quarter earnings Thursday, but beat expectations as an increase in early tax clients provided the company with record third-quarter revenue. For its fiscal third quarter ending Jan. 31, the Kansas City-based company reported earnings of $91.7 million, or 55 cents per share, compared with […]

Report that you may be the victim of identity theft with at least one of the three major credit bureaus — Equifax (www.equifax.com or 800-685-1111), Experian (www.experian.com or 888-397-3742) or TransUnion (www.transunion.com or 800-888-4213). That bureau is required to notify the other two.

Consumer Watchdog organization Household - HSBC Watch says you can visit their […]

In excerpts from an Australian article by By Peter Weekes, dated February 24, 2005, we learn GE Money, the consumer division of the world’s largest company, fired the first shot a fortnight ago. Yesterday HSBC, one of the world’s largest banks but a minnow in Australia, stepped up to the plate by slashing its existing […]