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 for the axe to fall. I am now working in the real mortgage world for a direct lender/broker making more money and offering real rates. Several other HSBC employees came with me. If you are being laid off, send me an email. We are looking to hire an additional 10 people working for this company. Email me at rachndylan@yahoo.com. The positions are located in Virginia.”

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 only be used for small business queries when no staff in Britain were available within a reasonable time.

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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 by his colleagues on Saturday morning. He was immediately taken to Apollo hospital where he was declared dead. No further information is available at this time.

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” whose average daily balance is no less than 500,000 yuan ($67,620). Many HSBC customers don’t realize HSBC is the Hong Kong Shanghai Bank Corporation. HSBC bought their way into the United States by buying Marine Midland Bank. Problems started when HSBC bought predatory lender Household International in 2003. The Chinese have Google, so examples in the United States will be available to Chinese, wealthy or not. HSBC blames U.S. problems on subprime, while some analysts blame poor stop-gaps and faulty risk management for HSBC’s acquisition of subprime debt long after warning signs developed.

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 Mortgage Services Warehouse Lending Inc (see it)

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