Household HSBC Watch

LONDON (Reuters) - HSBC, the world’s third biggest bank, plans to increase its distressed debt fund by up to one billion dollars within the next year, one of its top executives said on Wednesday.

Bill Maldonado, chief executive, Alternative Investments, HSBC Halbis Partners, said HSBC already had about $150 million invested in distressed assets, but there […]

LONDON (Reuters) - HSBC, the world’s third biggest bank, plans to increase its distressed debt fund by up to one billion dollars within the next year, one of its top executives said on Wednesday.

Bill Maldonado, chief executive, Alternative Investments, HSBC Halbis Partners, said HSBC already had about $150 million invested in distressed assets, but there […]

Seen on the ICP web site: 3/23/2006 — HFC has deceived us over and over again and reading your website made me realize I wasn’t alone. We refinanced with them in 2003 because they were the only ones who would give us the loan at the time. We would have been better off […]

Here at Household - HSBC Watch we receive many complaints about HSBC which cause people to worry about identity theft. HSBC NV or HSBC RS on their credit reports cause problems, as well as HSBC’s marketing tactic which tells people their “application” cannot be approved when in fact there was no application. Here […]

‘People queue out of the door. It’s great for me because it increases the trade in my shop. If the branch goes, people will go to Hessle or into the city centre to get cash and shop, and that will affect trade. Slowly, all the banks are pulling out of suburbs and when they do, […]

For customers using online banking we issue a warning. Although most reputable companies have no problem with online baking payments, HSBC Finance Corporation seems to have a big problem. For the past 6 years, dating back to when this division was called Household International, complaints abound regarding fixed payments. Granted, a billing […]