Household HSBC Watch

HSBC aims at expanding its credit card business in Thai market by 20-30 percent this year.
The HSBC Thailand on Monday launched a promotion programme for the holders of its credit cards to redeem for gifts with lowest spending requirement in the local market in the latest attempt to grow its business.
Mariano Reisin, head of marketing […]

An analysis of the contributions shows that senators who voted to pass the bill raised an average of nearly twice as much between 1999 and 2004 from the finance and credit industry as those who voted against the bill. The bill’s supporters received an average of $36,600 from the industry during the six-year timeframe, […]

Former Saks Inc. Chief Executive Brad Martin last year received $1.07 million in salary and a performance-based bonus of $265,219, according to a preliminary proxy statement filed Thursday with regulators.

Martin also received restricted stock valued at $3 million and other annual compensation totaling about $133,000, according to the filing with the Securities and Exchange […]

April 5, 2006 — HSBC North America Holdings Inc. announced that it has appointed John (Jack) McGinnis to be its controller. Also announced was the promotion of James Binyon to be chief accounting officer of HSBC Finance Corporation, the consumer finance subsidiary of HSBC North America Holdings Inc.

In the new position of controller, McGinnis […]

Sue Jex, HSBC’s Group Head of Diversity said “Employee diversity is critical for corporate success. At HSBC, being the world’s local bank means getting this absolutely right so that we successfully reflect and understand our local customer base. International Women’s Day provides HSBC with an excellent opportunity to globally support a wide range of women’s […]

Senators in Actress Jane Fonda’s home state of Georgia voted 38-1 against a resolution praising Fonda for charity donations and work to combat teenage pregnancy. Many in the US still see her as a traitor after a trip to the North Vietnamese capital, Hanoi, in 1972. Republican Senator John Douglas said Fonda, who picked […]

Following a $484 million settlement between Household Finance and 50 states in 2002, Household International is now a subsidiary of HSBC Group plc. The company sold 2,188 high-rate loans in the Carolinas in 2004.
Since the settlement agreement, HSBC has adopted standards that consumer advocates regard as among the most stringent in the industry. Much of […]

One of our tireless volunteers now has a new web site of her own. Drew’s Midwest Orchids is now live online with a gardening section and various sections about orchids. You may have talked with Drew if you called our helpline. An orchid enthusiast, she is knowledgeable about all aspects of orchid growing. […]

It seems only fitting to write about a subject slightly off topic from our normally blogging efforts. It seems like yesterday, but it was three years ago this month that we lost a sister and dear friend to inflammatory breast cancer. As we reflect upon it one must stress the importance of MRI’s […]

HSBC Finance Corp. of Prospect Heights has hired Cindy Baier, most recently president of Whitehall Jewellers Inc., as managing director, helping to develop credit card programs for retailers. Before working at Whitehall, Baier was senior vice president and general manager of the credit and financial products business at Hoffman Estates-based Sears, Roebuck and Co. HSBC […]