Household HSBC Watch

The international bank, Hong Kong Shanghai Bank (HSBC), has decided to expand its operation in Pakistan and started negotiation to acquire Pakistani Prime Commercial Bank (PCB), a Pakistani newspaper reported on Friday. Negotiations have started between experts of HSBC and PCB’s high-level officials, and PCB has shown willingness to sell out its whole […]

HSBC is expected this week to unveil plans to boost its presence on the Japanese market, including corporate lending and retail banking, the Times reported on Wednesday. Japan is the only major Asian financial centre where HSBC does not have a significant business presence.

According to consumer advocates in the United States HSBC exports […]

June 28 (Bloomberg) — An employee of HSBC Holdings Plc’s Indian unit was arrested in Bangalore and accused of helping a group illegally withdraw 233,000 pounds ($424,747) from bank customers’ accounts, according to a police official. Nadeem Kashmiri, a 24-year-old employee of HSBC Electronic Data Processing (India) Private Ltd., was charged with hacking […]

HSBC Group is the overall winner of the first edition of the UK’s Financial Times Sustainable Banking Awards. The award, recognising the bank’s leadership in integrating social, environmental and business objectives in to its operations, saw HSBC coming out top from a total of 49 financial services companies. Sustainable banking means meeting the needs […]

The following evolved into a dedicated page. Read “The HSBC Killzone” to see how this evolved.

A question often asked by those harmed and hurt by HSBC is how they determine who to hurt financially. Early in the investigation one could not determine if people were targeted by their credit scores. Common sense […]

What HSBC refuses to reveal now be in the hands of the U.S. government.
WASHINGTON — The U.S. government gained sweeping access to international banking records as part of a secret program to choke off financial support for terrorism, officials said Thursday. Treasury Department officials said they used broad subpoenas to collect the […]

With only 194 votes so far, a disturbing trend can be seen. A full 78 percent rate their HSBC credit card as either “poor” or “totally unprofessional”. A Household - HSBC Watch poll simply asked people to rate their HSBC backed credit card. The poll is shown on each article and […]

This is an arrogant blow to some professionals.
LONDON: A section of HSBC’s employees in Sheffield are up in arms for being asked to train staff from India who would then take over their jobs, lending a new twist to outsourcing from Britain to India. The request to train the Indian staff has angered workers […]

Found on the net:
“About the HSBC Center for Consumer Advocacy: HSBC’s financial education grant program is managed by the Center for Consumer Advocacy, established in 2003 to manage the company’s financial education and housing programs and community outreach initiatives. The center also awards grants to educational institutions and maintains the personal financial education web […]

In a recent press release HSBC said:
“HSBC was the first international bank in the UAE to present its UAE national employees working in the Network Service Centre with ‘My Vision - challenges in the race for excellence,’ book written by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and […]