HSBC has finally fixed a security problem that allowed web surfers to browse the directory structure of a supposedly secure website it helps to run. The John Lewis Partnership card secure website (a joint venture with HSBC) allowed hackers to view the directory structure, changing directories at will. Certain directories will always show a webpage, if the page exists in the directory. HSBC should have installed a blank index page so this problem never would have happened. Simple htaccess programming would have prevented the problem.
Archive for » April, 2008 «
According to the Telegraph, a top finance adviser at HSBC was forced out of her £200,000 a year job because of the “laddish culture” in her office, an employment tribunal heard yesterday. The 47-year-old, who worked for HSBC for 29 years, said that some of her more lucrative clients were passed on to male colleagues while files were taken from her desk and hidden in a “childish” fashion.
Category: 2007 HSBC
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A person who communicates with us quite often sent this latest update concerning his battle with HSBC: “In my on going battle against HSBC it seems it is beginning to heat up. The government works slowly but sometimes it works.
Category: 2007 HSBC
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For years people said HSBC should have instituted professional banking standards when they bought troubled predatory lender Household International. Bank of America certainly learned that. If BofA incorporated Countrywide without BofA standards it would have been a problem. Bank of America Corp. plans to institute strict new lending guidelines once it completes the acquisition of troubled lender Countrywide Financial Corp. later this year, the banking giant said Tuesday. In the case of Household and HSBC, simply instituting strict new lending standards would not solve the problem.
Category: 2007 HSBC
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Here at Household - HSBC Watch we thought HSBC was operating blindly before the mortgage crisis hit. Here is more evidence to that fact. Mining company First Quantum Minerals Ltd is suing HSBC Bank Canada for negligence and breach of contract, claiming that the bank recommended investing in asset-backed commercial paper shortly before this market seized up last summer. Advocates at Household - HSBC Watch are not making excuses for HSBC. The truth is we thought HSBC was so cocky that they never paid attention, and later could not stop the train before the train wreck.
Category: 2007 HSBC
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