The following information pertains to the right to recind an agreement between HSBC and a customer. It is quite lengthy, but very interesting. The information comes from the FTC and OCC, respectively, according to the submitter. Case law is included:
I. TILA & Res Judicata
(Analogous to Mr. Curtis xxxxxx , […]
We are not sure how this will reflect on HSBC and their big push for Islamic banking but it is nice to see HSBC is also a correspondent bank for Israel. In France big problems for Societe Generale continue, but HSBC is interested in the bank. Perhaps HSBC will try to buy their […]
We received this by email today. This is not one of our initiatives - we are just reporting it. Household - HSBC Watch is not affiliated with this new initiative by former HSBC, HFC, or Beneficial Finance employees. Here is the report:
“Thank you for your reporting about all of the illegal […]
June 28 (Bloomberg) — An employee of HSBC Holdings Plc’s Indian unit was arrested in Bangalore and accused of helping a group illegally withdraw 233,000 pounds ($424,747) from bank customers’ accounts, according to a police official. Nadeem Kashmiri, a 24-year-old employee of HSBC Electronic Data Processing (India) Private Ltd., was charged with hacking […]
With only 194 votes so far, a disturbing trend can be seen. A full 78 percent rate their HSBC credit card as either “poor” or “totally unprofessional”. A Household - HSBC Watch poll simply asked people to rate their HSBC backed credit card. The poll is shown on each article and […]
Will HSBC buy Ameriquest? A good question promoted by a large number of people visiting Household - HSBC Watch wanting to know the answer. You can see our lengthy speculative report here.
On May 2, 2006, we saw an increase in search engine traffic but when we wrote our report there was nothing in […]
Editorial - A helpline caller asked if we had personally been victimized by HSBC. In reality they were called Household International back then, but the answer to the callers question was ‘yes’. Every one of us was a victim, or was prevented from becoming a victim with last minute help. The […]
A look at some of the high-profile corporate scandals of recent years and the status of legal action in each.
QWEST COMMUNICATIONS INTERNATIONAL INC. _ Former Qwest CEO Joseph Nacchio is indicted Tuesday on 42 counts of insider trading accusing him of illegally selling off $101 million in stock. In July, Robin Szeliga, former CFO, pleaded […]
For October retirement checks the Federal Reserve transferred Social Security payments and military retirement checks to banks on September 28, 2005, at 1900 hours. With few exceptions, funds were not available to recipients until the nightly update on the night of Monday, 3 October 2005. The banks, therefore, got to use your money […]
By Jason Nisse Published: 04 September 2005
HSBC has been accused of being part of a cartel which has forced up fees and restricted consumers’ rights in the US credit card market.
Two lawsuits, filed in New York and Pennsylvania, have claimed that eight banks plus American Express came together to agree on a fee structure […]
Call somebody about this, anywhere in the world, for FREE
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.
We are not associated with HSBC, Household International, or their merchants.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.
