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HSBC Now In Bed With Fannie Mae

In a move that once again gives predatory lender Household International access to more mortage business, HSBC (presumably the reputable side) has a deal with Fannie Mae. At a time when HSBC is still under indictment for racketeering, in part due to H&R Block and HSBC Finance Corporation, experts say HSBC’s lobbying efforts […]

HSBC Start-Up Stars Awards 2005

The HSBC Start-Up Stars Awards 2005 aims to promote and encourage fledgling entrepreneurs and is open to all businesses less than three years old which can prove they have the ‘X’ factor to take their market by storm. Simon Wainwright, Head of Small Business for HSBC Bank, said: “We’re calling on entrepreneurs to share […]

TESTIMONY OF ELIOT SPITZER REGARDING THE OCC

TESTIMONY OF
ELIOT SPITZER
NEW YORK ATTORNEY GENERAL
BEFORE THE ASSEMBLY STANDING COMMITTEE ON BANKS
REGARDING THE
OFFICE OF THE COMPTROLLER OF THE CURRENCY’S
PREEMPTION OF STATE CONSUMER PROTECTION LAWS

New York, New York
April 16, 2004
Good morning.
I want to thank Chairwoman Nolan and the other members of the Banking Committee for convening this hearing on a topic that is […]

Training ground for Aldinger and HSBC in Japan

Yasuo Takei, founder of Japan’s top consumer finance firm and Japan’s second-richest man took more than three decades to turn a lending operation aimed at cash-starved housewives into a $10 billion company that prides itself on its ethical standards in a sector rife with shady operators.

It took just nine months for the business […]




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