Household HSBC Watch

Due to deterioration in HSBC’s U.S. operations Moody’s took acton today. Moody’s Investors Service said Thursday it has lowered the ratings outlook for HSBC Holdings PLC, Europe’s largest bank, and its subsidiaries to “Stable” from “Positive” due to weakness in the company’s U.S. operations. Moody’s also affirmed the company’s ratings at investment grades, […]

Our helpdesk staffers reported what we first thought was an anomaly as people have been searching for Carnegie vs Household. Staffers first noticed the query last Friday and visitors continue to read our articles about how Lynn Carnegie paid $110 to get a $500 tax refund from H&R Block and Household International. What […]

A proposed mortgage industry reform bill has been hotly debated, but one point is perfectly clear. The bill would add funds for enforcement. As lenders and brokers saw a fortune to be made in mortgage lending, enforcement staffing at the state level barely increased since 2003. The problem of funding and staffing […]

We all know HSBC is laying off personnel at Beneficial Finance and HFC offices. That is no secret. How it is being handled is fast becoming public knowledge, as reports are coming in. Some HSBC tactics are alarming. Please evaluate this statement:

“I was a District Sales Manager (executive level position) that […]

Burnt by subprime issues HSBC turned to emerging nations for profits. Islamic banking is but one growth area for HSBC. HSBC Bank Malaysia Bhd’s Islamic banking business is expected to record double-digit growth. Malaysia is a huge market for Islamic banking products, ranking number one for the issuance of sukuk or Islamic […]

A former HSBC employee sent this email. We are posting it in both of our blogs:
“I was a BSM at HSBC until last month when I decided that I would not wait for the layoffs to do something with my life. It saddens me to know what you are all going through waiting […]

HSBC has reacted to falling customer satisfaction among small businesses by answering more calls at its centre in Leicester rather than passing them to India. Even credit card customers and home owners are unhappy with calls from India, or telephone calls answered in India. The bank said its Indian call centre would now […]

HYDERABAD: An American citizen was on Saturday found dead in his hotel room here under mysterious circumstances. Thomas Redik (42), an HSBC employee, had arrived in the state capital about 10 days ago for training, police said quoting his roommates. Thomas was staying in a hotel in Banjara Hills area and found unconscious […]

HSBC may be bleeding from the eyeballs in the United States like an ebola outbreak, but in China HSBC will target rich Chinese. HSBC Holdings Plc. said on Monday it had set out an aggressive plan to increase its banking network in China next year. HSBC wealth management centers target HSBC’s “premier customers” […]

Get names, addresses, telephone numbers, and other information on who holds your HSBC mortgage:
HSBC Bank USA (see it)
HSBC Bank USA as Trustee (see it)
HSBC Bank USA, N.A. (Mortgage Warehouse Lending) (see it)
HSBC Bank USA, NA - Non-Affiliate (see it)
HSBC Bank USA, National Association (see it)
HSBC Mortgage Corporation, USA (see it)
HSBC Mortgage Services (see it)
HSBC […]