At long last, after weeks of stony silence and apparent mute indifference, the HSBC Bank finally acts!
Archive for » April, 2007 «
According to Randall Bauer, a fixed-income portfolio manager at Federated Investors, the total U.S. mortgage-market value is estimated at $9.5 trillion to $10.5 trillion, with about 15% of the total represented by subprime assets.
Category: 2007 HSBC
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New Delhi, April 25: The investigative arm of the country`s anti-monopoly watchdog has recommended action against HSBC for making false promises to credit card customers and violating the RBI guidelines.
Category: 2007 HSBC
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HSBC Group’s Australia account holders are outraged that the bank didn’t bother to contact a single customer in the wake of a serious security breach new which exposed banking details, names and home addresses, as well as other financial information.
Category: 2007 HSBC
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Compared with others in the sector, HSBC shares are undervalued and are beginning to tick northwards again.
The bank is still reeling from its troubles with the US mortgage market, but given that has been the subject of a profit warning and audited full-year results since then, the majority of that information should be in the public domain. After a torrent of bad news, HSBC’s shares look very cheap says the Telegraph.
Category: 2007 HSBC
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