Household HSBC Watch

AT&T Corp. said Thursday it will unleash the biggest ad campaign in the company’s 120-year history to strengthen its famous brand name. The old Ma Bell was recently acquired by SBC Communications Inc. in a $16 billion deal. SBC, itself once part of the old AT&T, then took on the AT&T name. The […]

The Utah Attorney General explains:
Two real-estate secured loans made at or near the same date to the same consumer (“split loans”, or “loan-splitting”): Plaintiffs allege that such loans were made through unfair and deceptive means, including, but not limited to, misrepresentations or omissions concerning the number of loans, misrepresentation of the benefits of refinancing […]

HSBC Bank Plc came under fire for abusing the United States military, primarily through HSBC Finance Corporation which is former predatory lender Household International. Specific complaints of abuse come as no surprise to Household - HSBC Watch consumer advocates. The watchdog organization performs trend analysis, a project that charts detailed complaints over time. […]

See the latest about Bobby and TransUnion

Siddharth N. (Bobby) Mehta, Chief Executive Officer, HSBC North America Holdings Inc.
Bobby also holds the title of chairman and chief executive officer of HSBC Finance Corporation, one of the world’s largest banking and financial services organizations, which comprises the former Household International Inc., businesses. Bobby serves also as […]

We enter Barry Rodrigues in the ‘quotable quotes’ section of Household - HSBC Watch for his gloss on HSBC’s subsidiary HSBC Finance Corporation. Leaving out some key points Rodrigues said:

“We are delighted to enter into this agreement with a world-class organization like HSBC,” said Barry Rodrigues, executive vice president of American Express’ Global Network […]

Read the last paragraph of this press release. As you read this article remember that HSBC North America Holdings is, in part, former predatory lender Household International sporting a new name.

PROSPECT HEIGHTS, Ill. and NEW YORK, Dec. 23 /PRNewswire-FirstCall/ — HSBC — North America Holdings, Inc. and American Express today announced an […]

This is the Household - HSBC Watch year end update on H&R Block, Household International, and HSBC tax refund loans. Racketeering charges against HSBC and H&R Block still remain, mostly in part to HSBC’s predatory lending subsidiary formerly named Household International.

CHARLESTON, W.Va. — A Kanawha Circuit judge gave preliminary approval Friday to a $62.5 […]

A look at some of the high-profile corporate scandals of recent years and the status of legal action in each.

QWEST COMMUNICATIONS INTERNATIONAL INC. _ Former Qwest CEO Joseph Nacchio is indicted Tuesday on 42 counts of insider trading accusing him of illegally selling off $101 million in stock. In July, Robin Szeliga, former CFO, pleaded […]

Household International and HSBC’s former director and Chairman was William Aldinger. He is also on the board of directors of AT&T. His total suits and settlements just reached a new all-time high before 2005 ends. Read the reasons for this latest Aldinger related settlement, as detailed below. Sounds like the old […]

The voting is still open as Household - HSBC Watch volunteers search for the quotable quote of 2005 from an HSBC employee. In first place is this gem:

“They do not send an electronic receipt when payments go through, so consumers must assume it worked… The person I reached on my second call was simply […]