Did you even wonder what your HSBC card really means? What is HSBC? What does it stand for? The answer: The Hongkong and Shanghai Banking Corporation Limited. The corporate headquarters is in London, the name is the Hongkong and Shanghai Banking Corporation Limited, and your HSBC card is handled by predatory lender Household International, now owned by HSBC. When you think about “back to school” specials or sending your student to college with some “nice to have” items - remember, if it says HSBC it may be your family that gets a real education in financial damage control according to Household - HSBC Watch consumer advocates. See many consumer reports here.
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