On the legal front it appears as though HSBC USA and HSBC North America Holdings have some explaining to do. In a recent court document it was discovered that the are actual two additional holding companies as part of HSBC in the United States. Why is that?
There are actually two additional US holding […]
HSBC and activist investor organizaiton Knight-Vinke have been challenging each other for quite some time. This past weekend Knight-Vinke said “‘The dismissive comments in your letter conveyed a worrying degree of complacency. I hope this is just a matter of tone and not of substance.” The same United States division of HSBC […]
As HSBC seeks to raise money in the United States, primarily through HSBC Finance, the number of complaints continues to rise. Advocates at Household - HSBC Watch say the number of complaints received on a daily basis is at the highest in five years. Disappointment with HSBC credit cards and merchant credit cards […]
Watchdog organization Household - HSBC Watch says recent developments at HSBC prove the bank is out of touch with U.S. customers. The group cites reasons why HSBC has alienated many Americans from every walk of life.
In a post-911 society where the war in Iraq and Afghanistan is on television every day, HSBC announced heavy […]
April 11, 2006–For the second time within a year, American IronHorse has inked a major financing deal aimed at empowering dealers and their customers to own more American IronHorse bikes. The company today introduced its first large retail financing package through a new agreement with HSBC-North America’s Retail Services business. The package offers special financing […]
David McIntyre v. Household Bank, No. 02 C 1537 (N.D. Ill., August 20, 2002) 2002 U.S. Dist. LEXIS 15346; Plaintiff filed a class action suit alleging that defendant violated the Truth in Lending Act (TILA), and defendant moved to stay the proceedings pending arbitration pursuant to section 3 of the Federal Arbitration Act. Plaintiff’s attorneys […]
It is known within business and marketing areas that approximately 4 percent of consumers actually write complaint letters or voice their complaint. On the other hand, over 70 percent of consumers never do business with the company again. Unfortunately in the financial arena it is more difficult to cut one’s ties with an […]
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An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
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