Household HSBC Watch

Barclays faced fresh embarrassment yesterday over its £314 million emergency loan from the Bank of England, when HSBC, its rival, furiously denied that an error by its bankers had forced Barclays into the red. Meanwhile, it emerged that Britain’s biggest high street banks have more than $120 billion (£60 billion) worth of exposure to the […]

Back on the 19th of July Lehman Brothers rejected suggestions that they are exposed to subprime problems. Another notably silent voice, other than quarterly and semi-annual results, is HSBC. Analysts at Household - HSBC Watch say the silence might say more than one realizes. Are we to assume HSBC cut Lehman […]

HSBC and Vodafone have pulled advertising from social network site Facebook over concerns that their ads were appearing next to a far-right British political party’s content. Mobile phone giant Vodafone and HSBC’s online banking arm First Direct suspended their Facebook ads, fearing their brands would be sullied if linked to the British National Party […]

No matter how you spell it around the world - subprime, sub-prime, or sub prime - it is still a concern for the largest banks in the world. Four of the five, however, are not very concerned as limited exposure and a weak dollar put them in a great position. HSBC, reporting today, […]

According to Randall Bauer, a fixed-income portfolio manager at Federated Investors, the total U.S. mortgage-market value is estimated at $9.5 trillion to $10.5 trillion, with about 15% of the total represented by subprime assets.

While the problems for subprime borrowers and lenders appear clear, the impact on mortgage bondholders depends on a variety of factors. […]

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HSBC has been one of the poorest performing bank stocks in the world over the past 12 months, because of concerns about its exposure to high-risk lending in the US - which forced it to issue the first profit warning in the group’s history. Even though HSBC’s decision […]

HSBC has paid bonuses worth almost £30m to its staff, despite failing to meet the targets that should trigger the payments.

The bonus scheme is linked to the performance of the group’s shares. Britain’s biggest bank has been one of the poorest performing bank stocks in the world over the past 12 months, because of concerns […]

WASHINGTON - HSBC Holdings PLC, the world’s third-largest bank, said yesterday it will be hurt by its exposure to controversial mortgages that helped spark the U.S. housing boom, but which are now coming up for renewal.

The London-based bank is expected to be the first in a long list of major residential mortgage lenders in the […]

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 […]