HSBC said on Wednesday it had agreed to sell its U.S. tax advisory services business to management. HSBC said it would receive $5 million in cash and deferred notes with a principal amount totaling $60.85 million. It will also have an option to buy 19.9 percent of the business, Wealth & Tax […]
HSBC Bank USA, continuing its national expansion, is opening a new office in downtown Chicago to provide commercial and private banking services in the Windy City. The new office, located at the Hyatt Center, will provide commercial and commercial real estate loans, cash management services, and banking services for wealthy clients in Chicago. […]
HSBC’s Global Transaction Banking Services business today announced it will provide clients a centralized-secure payment service across Canada, the United States and Mexico. The payment service from one of the world’s largest financial institutions is geared toward clients that need to make payments to trading partners within North American Free Trade Agreement (NAFTA) countries. It […]
Kmart Holding Corp. is acquiring Sears, Roebuck and Co., in a surprise $11 billion deal that will create the nation’s third largest retailer, it was announced on November 17, 2004.
Only days after predatory lender Household Retail Services, now known as HSBC Retail Services, announced a deal with K-Mart to market a “K-Mart Rewards Card” the […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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