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Household HSBC Watch is a watchdog and consumer advocacy organization.
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
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At long last, after weeks of stony silence and apparent mute indifference, the HSBC Bank finally acts!
Amid complaints by outraged account holders, the bank has taken action to deal with the fallout created when a serious security breach exposed records of more than a 100 of its customers.
Not surprisingly this was accompanied by fear, a justifiable concern by customers that this mass of sensitive data could be misused by fraudsters or identity thieves.
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