Household HSBC Watch

HSBC acquired the Bank of Bermuda Limited, which HSBC says is “a leading provider of fund administration, trust, custody, asset management and private banking services; and shares in HSBC Holdings are listed on a fifth stock exchange, in Bermuda.” Don’t let the word “leading” mislead you. HSBC called Household International “a leading US consumer finance company.”

Analysts at Household - HSBC Watch said HSBC must comply with Sarbanes - Oxley and the Bank of Bermuda might make it interesting. “The Bank of Bermuda visited Household - HSBC Watch’s website on March 14, 2005 to see what we had about Sarbanes - Oxley and HSBC” said a spokesperson for Household - HSBC Watch.