Archive for May, 2006

Household - HSBC Watch Can Protect Sources

In a decision that could set the tone for journalism in the digital age, a California appeals court ruled Friday that bloggers, like traditional reporters, have the right to keep their sources confidential.

A panel of three judges said in a 69-page decision that a group of bloggers did not have to divulge their sources […]

Fannie Mae Took Lessons From HSBC’ Household International

Senior executives at Fannie Mae manipulated accounting to collect millions in “maximum, undeserved bonuses” and deceive investors, a federal report charged Tuesday. The government-sponsored mortgage company was fined $400 million.

The blistering report by the Office of Federal Housing Enterprise Oversight, the result of an extensive three-year investigation, was issued as Fannie Mae struggles to emerge […]

Neiman Marcus and Bergdorf Goodman

HSBC Bank Nevada, N.A. issues Neiman Marcus and the Bergdorf Goodman private label credit cards, each of which allows you to charge purchases from The Neiman Marcus Group, Inc. (“Neiman Marcus Group”), which includes Bergdorf Goodman, Inc., and their various affiliated companies. These companies have been added to the merchants list at Household- HSBC […]

Debitman Signs With HSBC Finance Corporation

HSBC - North America’s retail services business today announced it has formed a strategic alliance with electronic payment network operator Debitman Card, Inc. to accelerate growth in Debitman’s debit card platform, known as “The Retailer’s Network.”

About Debitman
Debitman created and operates the Retailer’s Network, the only national, interoperable electronic payment network for retailer-issued debit cards. Founded […]

Banks agree to speed up payments

The U.K. Office of Fair Trading will announce early next week that banks have agreed to speed up payments made by consumers over the internet or by telephone and standing orders.

At present there is a gap of three days between a customer’s account being debited and the recipient being credited - despite modern technology that […]

HSBC Sued for Overtime Abuse

We don’t know how we missed this article. When reading it remember that HSBC FInance Corporation is Household International with a new name since they are now owned by HSBC. Little was changed at this predatory lender when HSBC took over.

Call center employees in Buffalo allege that they were required to perform work […]

Check 21 Works To Benefit Banks, Not Customers

BOSTON — The Association for Work Process Improvement honored HSBC Bank USA as the winner of its Remittance Processing Council’s first annual excellence award. The award will be presented in Chicago next month. According to a news release, the bank was selected because of its innovative approach to lockbox integration of Check 21, image-exchange […]

New Sponsor - Free Voip Downloads

Household - HSBC Watch consumer advocates is proud to announce a new sponsor with the addition of FreeVoipDownloads.com - your source for voice over Internet telephones and other free downloads. Part of their revenue supports the advocacy program at Household - HSBC Watch.

You may have noticed some programming changes here as well. Programmers […]

HSBC Tax Partner Block Charged Again

In what is becoming a regular happening at HSBC’s tax preparation partner H&R Block, more charges were presented and executives have been exposed. Here it is:

ALBANY, N.Y. - New York Attorney General Eliot Spitzer on Monday said he has evidence that H&R Block executives not only knew they were pushing customers to buy money-losing retirement […]

Decision One Mortgage Contact Info and Facts

Decision One Mortgage
Subsidiary of HSBC
6060 J.A. Jones Dr.
Charlotte, NC 28287
Attn: JC Faulkner, President

The company is a wholesale lender specializing in non-conforming residential mortgage loans and debt consolidation loans. It operates through more than 20 branches in cities nationwide, as well as through relationships with loan brokers and correspondents. Decision One Mortgage is owned by big […]