Household HSBC Watch

Does HSBC want to introduce stained and tarnished predatory lender Household International (now called HSBC Finance Corporation) to China? Tread carefully in China. For example:

China executes four accused of bank fraud
Beijing cracks down on financial crime ahead of big IPOs

“BEIJING — China executed four people, including employees of two of its Big Four state banks, for fraud totaling $15 million, the Xinhua state news agency said on Tuesday, amidst a high-profile campaign against financial crime. The executions come after a string of arrests in white-collar crime as China prepares to sell shares in its big banks.”