A crackdown on current account penalty charges could slash the cost of banking for millions of customers. The Office of Fair Trading is telling banks and building societies they must follow guidelines on excessive charging for some services or face a formal investigation. This follows the OFT’s ruling that penalty charges of up […]
By Patricia Sabatini, Pittsburgh Post-Gazette
RISMEDIA, March 18 – (KRT) – The chief of Pennsylvania’s banking department said he will push for a host of reforms, including tougher laws and penalties, to reduce a growing crush of people losing their homes to foreclosure.
Banking Secretary Bill Schenck tied much of the problem to so-called “predatory […]
HSBC North America Holdings Inc is the holding company for all of HSBC’s U.S. and Canadian businesses, including Household International.
1. HSBC Bank USA, National Association
2. HSBC Bank Canada
3. HSBC’s consumer lending business operates in the United States under the HFC and Beneficial names.
4. HSBC Mortgage Services purchases and services non-conforming residential […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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