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A reader in Kentucky said: “I did a Google search using the term “History of HSBC Computer Problems” and found several entries. It appears that HSBC has had at least 1 major computer crash every year since 1999. Not all crashes included all customers or departments, but all were major and took […]
August 22nd, 2008 | Posted in 2007 HSBC | No Comments
Layoffs continue due to restructuring within HSBC Finance as HFC and Beneficial Finance employees look for more information. A brief search of Google News tells very little. Aside from subprime losses, we learn instead that HSBC unveiled a climate change fund, that HSBC rewards customers for their patronage, and something about a global […]
November 21st, 2007 | Posted in 2007 HSBC | 1 Comment
The Pentagon on Monday implemented new rules to protect U.S. service members and their families from high-cost, short-term loans, saying stress from such loans can hurt military readiness. The regulation, prompted by a law passed by Congress last year, limits the fees and interest that creditors can charge on payday, vehicle title, and tax […]
October 6th, 2007 | Posted in 2007 HSBC | 5 Comments
“HSBC is one of the bluest of the blue chips, it’s got a good global franchise and its multiples are inexpensive,’’ said Leslie Phang, who helps oversee $1 billion at Commonwealth Private Bank in Singapore. While that assessment may apply in most countries it may not apply in the United states. Poor […]
October 5th, 2007 | Posted in 2007 HSBC | 3 Comments
HSBC plans to open branches for the wealthy in Japan. One Google search by intelligent wealthy Japanese will foul HSBC plans instead. “This is another case of HSBC ignoring Household International and HSBC Finance Corporation” said one analyst close to the matter. “Wealthy Japanese customers rely on trust and reputation, but as […]
September 7th, 2007 | Posted in 2007 HSBC | No Comments
As the subprime market declines and loan losses mount, third parrty mortgage brokers are having a tough time of it. Like many realtors, mortgage brokers are unemployed but don’t know it yet. Fired by companies that once funded them, mortgage brokers are casualties of risk management. Lenders like HSBC and Wells Fargo […]
July 27th, 2007 | Posted in 2007 HSBC | 2 Comments
AllVoip Search will support Household - HSBC Watch. All Voip Search, one of the largest voip service provider databases, has added previews to each voip provider review. Whether you are looking for business VoIP, VOIP providers, voip service, voip phones, or just browsing, All Voip Search now gives you the capability to look […]
December 14th, 2006 | Posted in You Should Know, Programming, Technical | No Comments
She’s 60 years old and works two jobs, earning about $30,000 a year. She’s divorced and has raised four sons, and she has been paying on her small home in Akron’s Kenmore neighborhood since 1985. She took out a mortgage in her own name in 1990 for $20,000. More than 15 years […]
March 5th, 2006 | Posted in 2006 HSBC, In the U.S., Predatory Lending | No Comments
It is tax time again, and when people Google the search term ‘household bank ral’ Household - HSBC Watch comes in at the top spot with our article ‘HSBC Bank Charged With Racketeering’. We make every effort to level the playing field, given that we are all volunteers and HSBC is one of the […]
January 12th, 2006 | Posted in 05 Tax Masters, 2006 HSBC | No Comments
Programmers at Household - HSBC Watch are busy this time of year with major re-writes for 2006. Current forums will be archived for reference only, and closed to future posts and replies. The 2006 forums require registration before posting - a move driven by security.
One new feature is the ability to file complaints […]
December 3rd, 2005 | Posted in Programming, Technical, 05 All Articles | No Comments