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HSBC’s Beneficial accuses employee of stealing customer payment

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 […]

HSBC Ignores California’s Calstrs - A Big Mistake

True to form and following rules set up by former predatory lender Household International, HSBC rejects any ideas and suggestions other than their own. HSBC Holdings Plc, Europe’s biggest bank, rejected a call from the California State Teachers’ Retirement System for an outside strategic review. At Household - HSBC Watch - a […]

HSBC Investment Banking Gets a Black Eye

In a blow to HSBC efforts to expand investment banking, HSBC served as a trustee for the investment portion of the business from August 2003 to March 2005, when a federal court shut down Pension Fund at SEC’s behest. HSBC’s name and logo appeared throughout the firm’s marketing materials, which were not properly reviewed, the […]

Household International HSBC Renew Gardner White Furniture

PROSPECT HEIGHTS, Ill., Oct. 3 /PRNewswire/ — HSBC - North America’s
retail services business has renewed its alliance with Gardner-White Furniture
to manage the company’s private label credit card program. Gardner-White is a
leading furniture retailer based in metro Detroit. The new agreement extends HSBC Retail Services’ six-year relationship with Gardner-White. Since 1999, the Gardner-White […]

John Lewis and Waitrose credit cards - Charlie Mayfield Likes HFC

Charlie Mayfield, speaking of the John Lewis and Waitrose credit cards said: “HSBC’s acquisition of HFC was key to our decision to forge a long term relationship with them. It added considerable breadth to HSBC’s credentials within the credit card market, making them the ideal companion for this venture.” Welcome to the quotable quotes […]

Household RICO article sent to British News Services

Consumer Watchdog Organization HSBC Watch, formally Household Watch, informed news services in the United Kingdom of another article about HSBC’s troubled lender Household International.

The article entitled “Mortgage borrowers file RICO lawsuit” first appeared in the Nashville Tennessean on October 25, 2004. It is found here:
http://www.tennessean.com/local/archives/04/09/60293750.shtml?Element_ID=60293750
It is not the first time Household International […]