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When William F. Aldinger sold his scandal plagued predatory lending company, then called Household International, to HSBC Bank plc he knew he had to profit personally before the sham fell apart. An opportunist who profitted from running scams on borrowers, Aldinger’s departure left room for promotions in the […]
Gottschalks Inc. today announced that it has signed a new multi-year agreement with HSBC - North America’s retail services business for the operation of the Company’s proprietary credit card business. The card program partnership with HSBC has been a significant driver of sales, profit, and customer loyalty for Gottschalks. As a result of this agreement, […]
HSBC BANK that has offices in 77 countries, claims to be a ’socially responsible corporation’. However, this doesn’t seem to apply to the humanitarian plight of Palestinians living in the Gaza strip and the Israeli occupied West Bank territories.
According to the charity Oxfam, HSBC has charged the European Union (EU) £1.9 million in bank charges […]
Investors in HSBC are bracing themselves for further bad news from the bank in the wake of the first profits warning in its recent history. The group admitted that a rise in the number of bad mortgage debts in its US consumer finance business had taken it by surprise. And the City is worried […]
HSBC, a bank saddled with bad debt problems since it gave mortgages to many Americans with poor credit histories, has installed two new executives at its consumer-finance unit, the Wall Street Journal reported on Friday.
Chris Spooner, a top tax executive from London, is moving to the Chicago suburb where HSBC Finance is based to take […]
LONDON (AP) - HSBC Holdings PLC is to sell its London headquarters in Canary Wharf, its property adviser confirmed late Friday.
The building is expected to fetch up to 1 billion British pounds ($1.97 billion), which would make it the most expensive office building in Britain.
Located at 8 Canada Square, the 656-foot tall tower has 1.1 […]
LONDON (AP) - HSBC Holdings PLC is to sell its London headquarters in Canary Wharf, its property adviser confirmed late Friday.
The building is expected to fetch up to 1 billion British pounds ($1.97 billion), which would make it the most expensive office building in Britain.
Located at 8 Canada Square, the 656-foot tall tower has 1.1 […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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