During the O’Reilly Factor HSBC aired a commercial for HSBC Direct. Claiming their savings account pays 4 percent, HSBC’s privacy statement also says they can share your information with predatory lending division HSBC Finance, and others. And HSBC Finance is the old Household International.
Archive for » November, 2005 «
Category: 05 All Articles, 05 How It Works
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SAN ANTONIO–(CCNMatthews - Nov 18, 2005) -
Today marks the birth of AT&T Inc. and of a new standard-bearer in communications, entertainment and service for the 21st century. SBC Communications Inc. (NYSE:SBC) closed its acquisition of AT&T Corp. today as California regulators approved the transaction — the final approval needed for the merger of the companies’ highly complementary networks, product portfolios, capabilities and shared heritage. The combined enterprise will immediately begin a well-planned integration process, allowing the new AT&T family of companies to quickly deliver benefits for both customers and stockholders.
Category: 05 Aldinger, 05 All Articles, 05 Research
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In a press release that shows HSBC learned well from Shea v Household and continuing questions about HSBC Finance Corporation credit card payments, we find that HSBC can still be “Hong Kong Shanghai” if they want to, but not in the United States:
Category: 05 All Articles, 05 Worldwide
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Watch for the possibility that more of HSBC’s merchants in the apparel industry may report more in a continuing string of losses. Higher fuel prices and less discretionary income, combined with credit cards from a predatory lender, may mean more dismal quarterly reports.
Category: 05 All Articles, 05 Compliance, 05 Regulators
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A poll at consumer advocacy website Household - HSBC Watch asks the question “Has HSBC Changed Household International”? By mid-November 2005, although the poll is still new, answers were almost even between yes and no. Those wishing to take the survey can select between:
Yes: 29% (7)
No: 54% (13)
Very Little: 4% (1)
Much Improved: 12% (3)
Category: 05 All Articles, 05 Research
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