This is another update from our friend Curtis: “Please be advised of the following. I am currently involved in taking legal action against HSBC Mortgage Services Inc. in Brandon Florida.
My current mortgage was audited and found to be in violation of TILA, RESPA, HOPA and the Fair Trade Practices Act. The loan as […]
According to the Guardian: “Couples who lost their wedding presents when online gift service Wrapit went into administration are planning to demonstrate outside the head office of HSBC this afternoon. The gift list firm closed on Monday after it failed to find a rescue deal, leaving up to 2,000 couples without presents that […]
When a bank, such as HSBC and HSBC Finance, spends more time looking at the fringes of the law while discovering what they can get away with it should alarm the bank’s customers. When a judge rules that a bank’s actions are onerous, oppressive, or have questionable intent, the judge must rule stricly […]
HSBC and activist investor organizaiton Knight-Vinke have been challenging each other for quite some time. This past weekend Knight-Vinke said “‘The dismissive comments in your letter conveyed a worrying degree of complacency. I hope this is just a matter of tone and not of substance.” The same United States division of HSBC […]
The activist shareholder group Knight Vinke today accelerated its attack on the management of HSBC with a fresh call to “grasp the nettle” and tear up its existing strategy. Clearly HSBC’s strategy in the United States is not working. Junk mortgages is Wall Street’s fancy name for junk home loans. There are so […]
Knight Vinke, the high-profile shareholder activist group, has told HSBC that it “has an issue with its strategy” and has held talks with the global banking group’s finance director about a complete review of the bank’s direction. The activist shareholder, which has secured the support of Calpers, the Californian state pension fund, is […]
Agnes Mouser is a 65-year-old widow who works in the records department in a Houston prison. In 2000, she sought to pay off her credit-card debt with a loan from Beneficial Finance, which sent an appraiser to assess the value of her home.
“A real nice young man came out to see me,” Mrs. Mouser recalled. […]
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 […]
HSBC Group’s Australia account holders are outraged that the bank didn’t bother to contact a single customer in the wake of a serious security breach new which exposed banking details, names and home addresses, as well as other financial information.
Customers labelled the bank’s handling of the breach a “disgrace” accusing HSBC of favoring commercial interests […]
NetSurf users are reeling from HSBC’s shock decision to suspend their accounts because their RISC OS computers are allegedly infected with spyware. The high street bank has confused the open source browser NetSurf with a strain of PC malware going by the same name, and has locked their customers out for security reasons, it is […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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