This is a perfect example of HSBC’s exportation of the Household International model of doing business. Credit card interest rates have been increased to as high as 50 percent in India. While proud of making a profit in developing nations HSBC is not alone. ICIC, Deutsche Bank, SBI and HSBC have either […]
Standard & Poor’s Ratings Services said Friday it placed H&R Block on credit ratings watch for a possible downgrade, citing potential trouble for the company’s mortgage lending unit amid a crisis in the subprime market.
“Upheaval in the subprime mortgage market has depleted the results” of Block’s Option One Mortgage Corp. unit, S&P said.
H&R Block’s Option […]
From: Inc. Magazine, December 2003 | Page 90 By: Martin Mayer
When the United States invaded Afghanistan, the armed forces needed a great deal of infrastructure support, everything from electric generators to water purifiers to road-repair machinery. Among the companies the government contracted to supply such things, and get them to where they were […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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