Household HSBC Watch

In a speech last fall before the Consumer Bankers Association, acting Comptroller of the Currency Julie L. Williams warned her audience that the Home Mortgage Disclosure Act required bankers to publicly report new and more detailed data concerning their home mortgage lending business. Higher-priced loans for the first time had to be reported by race, […]

By Colbert I. King, Saturday, June 25, 2005; Page A23
“A home will not become a home if you have to fight your way past predatory lenders and a two-tiered banking system to get one. That may be the plight of many African American bank customers in New York who want to achieve the American dream […]

In an article by Andrew Ellson, Times Online, he said “Research seen by Times Online shows that the public is getting increasingly reluctant to use internet banking as they become more concerned about the risk of identity theft.” In response to the article consumer watchdog organization Household - HSBC Watch said HSBC consumers would […]

Seen in the Baltimore Sun, June 26, 2005: Eileen Ambrose wrote “Think long and hard before cracking open that nest egg.” In her article she said “NEXT MONTH, the oldest of baby boomers will turn 59 1/2 , that magical age when they can tap tax-deferred retirement accounts without penalty. This means […]

“We consider our proprietary credit card program to be a key component of our retailing concept, and we place a high degree of importance on our relationship with our cardholders,” said Bon-Ton President and Chief Executive Bud Bergren.

For HSBC, the deal is small. The unit of Illinois-based HSBC North America Holdings is the nation’s […]

IBM to hire 14,000 in India: Report, Friday, 24 June , 2005, 21:07
New York: US tech giant IBM plans to increase its payroll in India this year by 14,000 workers, even as it cuts 13,000 jobs in Europe and the United States, a labor group said on Friday. IBM joins HSBC and […]

Household - HSBC Watch, your source for consumer reports and real life experiences about HSBC and Household International, said over 435,000 consumer report pages were viewed in the last 16 months. “We think this is a valuable step in keeping HSBC honest while monitoring the impact of predatory lending through Household International which is […]

I am a producer at Fox News in Los Angeles investigating the Best Buy subscription scam…. if you’d like to tell me your story, please call 310/584-3904. Looking for consumers in L.A. area to speak with. Thanks in advance, Heidi.

Editor’s note: This article was researched and approved by Household - HSBC Watch after […]

Some of the collection agents who call several times a day are mostly downright harassing. The collection agents have said to me “You shouldn’t have bought a house that you couldn’t afford”, why don’t you have a garage sale to make the payment,” “You should consider handing your deed over to us”, “Aren’t you ashamed?, […]

The stock markets were disappointed on Wednesday when HSBC Holdings and Citigroup, Inc. hinted they would not acquire any United States’ banks in the near future. But the announcement probably came as a relief to some small business owners. According to a recent survey by Greenwich Associates, 30 percent of small businesses (those […]