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Here is a report that details how HSBC Auto in San Diego actually conducts business. Since HSBC decided to exit the auto financing business, we say “good riddance.” This is a shabby way of doing business. We have many reports on file from years past, and little has changed. The following […]
September 11th, 2008 | Posted in 2007 HSBC | No Comments
When it comes to ignorance on the part of HSBC this fully researched and documented case is outstanding. A man in Texas reported: “HSBC Finance (Credit Card division) is routing a portion of their after hours support calls to my cell phone. The credit card holders belive I work for HSBC and […]
September 5th, 2008 | Posted in 2007 HSBC | No Comments
I’ll support HSBC on this one. Leading law firms representing HSBC and Hermitage Capital Management have been raided by Russian Interior Ministry officials in an attempt to link senior lawyers with an alleged tax fraud. This problem in Russia smacks of crooked investigators and problems in the Russian system. People are hesitant […]
August 23rd, 2008 | Posted in 2007 HSBC | 1 Comment
DB in Tennessee said: “I am a former Beneficial employee that was terminated in 2007 for, well — I’m really not sure. I started my career in 2000 as an SA and transferred office locations approximately 10 times over my career and worked for 22 different managers, and 6 different district managers. I experienced […]
July 28th, 2008 | Posted in 2007 HSBC | 1 Comment
A customer in India (Madhya Pradesh) thinks HSBC has hidden international currency conversion charges. The customer claims he cannot get a straight answer. Here is his report so you can decide for yourself:
“I purchased an item using my HSBC credit card in US dollars on the Internet. The seller turned out to be […]
June 28th, 2008 | Posted in 2007 HSBC | No Comments
HSBC, CitiBank and Natwest were the top three brands targeted by phishers last month, according to an internet security report. In a previous article we indicated that HSBC has the highest rate of identity theft. Do you think the two subjects are related? We certainly do, as do many that we questioned. […]
March 7th, 2008 | Posted in 2007 HSBC | No Comments
H&R Block Inc on Wednesday said its Block Financial LLC unit obtained a $3 billion credit line from HSBC Finance Corp, which will be used to fund loans for some taxpayers who expect refunds. Just last week we reported that the IRS says such loans can perpetuate fraud. For two companies that […]
January 17th, 2008 | Posted in 2007 HSBC | No Comments
Alex Hungate said: “I want to help HSBC grow by maintaining a relentless focus on the needs of its customers. In this role, with its combination of global leadership of the Personal Financial Services business plus the marketing function, I want to ensure that our services always deliver on the powerful promise of the HSBC […]
August 13th, 2007 | Posted in 2007 HSBC | No Comments
When HSBC lost money due to HSBC Finance the bank worked very hard to turn a profit elsewhere. Developing nations held the wolves at bay as those opposed to HSBC’s Household International remain posed to file suit if the bank turned shareholder profits into a loss. Others may still file suit claiming $10.6 […]
August 6th, 2007 | Posted in 2007 HSBC | 1 Comment
Trying to play as a British bank and appealing to people as “your local bank” HSBC wants people to forget HSBC is the Hong Kong Shanghai Bank. But when one runs afoul in China regulators do not look the other way like some do in the United States. We offer as evidence the […]
June 28th, 2007 | Posted in 2007 HSBC | 1 Comment