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Clarification on 950 HSBC layoffs

We have many questions lately about an article we ran a few days ago. According to insiders there have been layoffs at two HSBC locations. Reports are still unconfirmed, thus you should consider this to be rumor or speculation until we see it in the news. Here is what we were told […]

Binding Arbitration Means Attorney’s General Help

You have been wronged, and you research sites like Household - HSBC Watch, where you find out thousands of others had the same experience. Now what do you do? And what does the scamming company think? In all honesty they know you agreed to binding arbitration, so to heck with you. […]

Saks Insiders Dump Stock, Troubles Analysts

November 23, 2005 — Eight senior executives of embattled retailer Saks Inc., including the chief executive and two directors, have dumped more than $37 million of the company’s stock in recent days, according to regulatory filings. The insider sales by a broad swath of Saks’ management team, coming days after the company reported […]

New HSBC NV Forum Created

A new dedicated forum for HSBC NV was created on October 17, 2005 within the HSBC Watch forums. Many consumer complaints indicate HSBC NV is now on their credit reports as identity theft or credit card fraud. Although many reports about HSBC NV are found by searching our website, the problem with HSBC […]

Is HSBC-NV Identity Theft or Simple Error?

More than 785,000 Americans learned that they may have been the subject of identity theft in the last three months. HSBC, a U.K. bank, recently informed 180,000 of its customers that information the company kept on them had been exposed to potential criminals. Consumer advocacy organization Household - HSBC Watch said recent complaints on […]

Sears and K-Mart Proposed Merger

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 […]

HSBC’s Leadership in Private Label Financing

Claimed by HSBC:
“New Merchant Relationship Underscores HSBC’s Leadership in Private Label Financing”

Facts behind the story:
1. HSBC’s private label financing is by troubled predatory lender Household International, now a wholly owned subsidiary of HSBC.
2. Merchants receive ongoing compensation from private label credit card accounts.
3. Household, even while owned by HSBC, credited customer payments […]




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