Jacksonville Area Legal Aid is calling for “troops” from the legal and business communities to help combat the rising rates of foreclosure and murder in Jacksonville. “Where there is murder, there are higher rates of foreclosure,” said Michael Figgins, executive director of JALA. “The cost of abusive mortgage lending is killing us. We know […]
As those of us here at Household - HSBC Watch predicted years ago Representative Bob Ney of Ohio has finally fallen from grace. Rep. Robert Ney (R-OH) accepted thousands of dollars in gambling chips from a businessman who wanted help selling U.S. airplane parts to prohibited countries.
That charge is one of […]
As recently as one year ago HSBC refused to provide regulators with international banking information. Sources close to many investigations knew or suspected HSBC was aiding terrorism, money laundering, and other related issues. Taking lessons from predatory lender Household International, now owned by HSBC, the bank simply refused to answer questions. […]
Why is the dateline from Hong Kong? HSBC is the Hong Kong Shanghai Bank - a predatory lender which bought scandal ridden Household International, and now takes profits from America while telling you they are your friend.
HONG KONG - Share prices closed lower, extending losses for the third straight session as […]
MUMBAI, NEW DELHI, AUG 14: The position of HSBC India CEO, Naina Lal Kidwai, 49, as the bank’s boss now hangs in balance, with the Reserve Bank of India asking her to step down from the global board of Nestle SA. The RBI has withheld approval of Kidwai as HSBC CEO until she quits […]
Major problems have emerged in the anti-money-laundering procedures of the Irish division of HSBC Bank, which manages more than €20 billion in assets. The Sunday Business Post has learned that the bank has installed a new series of money laundering checks after issues were discovered with its existing procedures.
Under Irish law, banks are obliged to […]
The international bank, Hong Kong Shanghai Bank (HSBC), has decided to expand its operation in Pakistan and started negotiation to acquire Pakistani Prime Commercial Bank (PCB), a Pakistani newspaper reported on Friday. Negotiations have started between experts of HSBC and PCB’s high-level officials, and PCB has shown willingness to sell out its whole […]
HSBC is expected this week to unveil plans to boost its presence on the Japanese market, including corporate lending and retail banking, the Times reported on Wednesday. Japan is the only major Asian financial centre where HSBC does not have a significant business presence.
According to consumer advocates in the United States HSBC exports […]
June 28 (Bloomberg) — An employee of HSBC Holdings Plc’s Indian unit was arrested in Bangalore and accused of helping a group illegally withdraw 233,000 pounds ($424,747) from bank customers’ accounts, according to a police official. Nadeem Kashmiri, a 24-year-old employee of HSBC Electronic Data Processing (India) Private Ltd., was charged with hacking […]
HSBC Group is the overall winner of the first edition of the UK’s Financial Times Sustainable Banking Awards. The award, recognising the bank’s leadership in integrating social, environmental and business objectives in to its operations, saw HSBC coming out top from a total of 49 financial services companies. Sustainable banking means meeting the needs […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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