Over 420 votes are in and HSBC credit cards are ranked as poor or unprofessional by 80 percent of those who voted. See the survey here. However, Ken Harvey, HSBC’s chief information officer, told analysts at a presentation the bank would reap the rewards of its global scale as well as its […]
Sep 21, 2006 — Less than a year after launching its Australian in-store finance business, HSBC Holdings has won a major contract. UK-based HSBC has unseated US rival GE Money from its seat as the sole consumer financing provider for the National Associated Retail Traders of Australia. The contract will give HSBC a monopoly […]
Jacksonville Area Legal Aid is calling for “troops” from the legal and business communities to help combat the rising rates of foreclosure and murder in Jacksonville. “Where there is murder, there are higher rates of foreclosure,” said Michael Figgins, executive director of JALA. “The cost of abusive mortgage lending is killing us. We know […]
Most sued and former executive of HSBC and CEO of predatory lender Household International William F. Aldinger III once boasted that his company ‘invented tax refund loans’ - and they are proud of it. Household, and later HSBC, partnered with H&R Block. H&R Block CEO Mark Ernst appeared eager to turn the […]
HSBC wanted to buy a predatory lender. The purchased Household International in 2002 to satisfy their desire. Now those customers are at risk as HSBC predicts a recession for the United States. Already beaten down and strangled by HSBC’s oppressive terms and conditions these very same customers were hit harder by rising […]
Stephen Prentice, vice president and distinguished analyst at Gartner, told vnunet.com that the existing financial services industry was unlikely to exist in 20 years’ time.
“Ten or 15 years ago, people trusted banks. Nowadays banks in the UK realise that most of their customers don’t actually trust them. They don’t even like them. They only […]
As those of us here at Household - HSBC Watch predicted years ago Representative Bob Ney of Ohio has finally fallen from grace. Rep. Robert Ney (R-OH) accepted thousands of dollars in gambling chips from a businessman who wanted help selling U.S. airplane parts to prohibited countries.
That charge is one of […]
BROKEN PROMISE: HSBC has reneged on a a vow that its satandard variable rate would not go higher than 1% above base rate.
Anyone taking out a mortgage with HSBC since March will have been told their loan will revert to the bank’s variable rate at 1.25% above base when their current deal […]
As recently as one year ago HSBC refused to provide regulators with international banking information. Sources close to many investigations knew or suspected HSBC was aiding terrorism, money laundering, and other related issues. Taking lessons from predatory lender Household International, now owned by HSBC, the bank simply refused to answer questions. […]
Why is the dateline from Hong Kong? HSBC is the Hong Kong Shanghai Bank - a predatory lender which bought scandal ridden Household International, and now takes profits from America while telling you they are your friend.
HONG KONG - Share prices closed lower, extending losses for the third straight session as […]
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An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
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