Household HSBC Watch

Analysts at Household - HSBC Watch think HSBC learned from the recent subprime crisis, regardless of what they tell Knight Vinke and other activists. After studying HSBC and Household International for many years Household - HSBC Watch thinks HSBC will make a move soon. Changes must look like they are HSBC’s idea, […]

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 […]

WASHINGTON — The rush of indebted consumers to file bankruptcy before a tough new law took effect pushed personal filings for 2005 to their highest annual level on record — more than 2 million, according to new data.

Significant increases in consumer bankruptcy filings occurred in every region, according to the data released Wednesday by Lundquist […]

Here’s a secret two of the nation’s largest consumer-electronics chains don’t want investors to know. As TVs, portable DVD players, and other stuff fly off their shelves, Best Buy Co. (BBY ) and Circuit City Inc. (CC ) aren’t banking on them to rake in the profits. Instead, they’re counting on the extended warranty contracts […]