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Archive for the Category »In the U.K. «

From the UK on 6 December: HSBC has become the second bank in less than a week to issue a stark warning on the debt crisis affecting British consumers.

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HSBC’S top executives are to lose out on their lucrative performance bonuses this year as a result of the chronic underperformance of the company’s shares.

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HSBC has a list of almost 30,000 Farepak customers who could be eligible to claim back millions of pounds lost in the company’s failure, but is barred from alerting them under data protection laws.

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LONDON (Reuters) - HSBC Holdings has become the first major bank to say it will start charging for a current account, raising the prospect that other lenders will end free banking.

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An HSBC network crash left thousands of customers without cash and unable to use their debit and credit cards at the weekend.

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