Household HSBC Watch

Consumer advocate and watchdog organization Household - HSBC Watch published an open letter to HSBC, activist organization Knight-Vinke, and HSBC Chairman Stephen Green. The letter as published today, November 14, 2007. The long but insightful narrative gives some history about the watchdog organization, Household International, and predatory lending. You can read it […]

HSBC and Vodafone have pulled advertising from social network site Facebook over concerns that their ads were appearing next to a far-right British political party’s content. Mobile phone giant Vodafone and HSBC’s online banking arm First Direct suspended their Facebook ads, fearing their brands would be sullied if linked to the British National Party […]

In November, Retail Services launched kiosks in Maryland- and Virginia-based Marlo Furniture stores.“In the second quarter of 2005, we hope to expand kiosk functionality to include joint applications and to allow existing cardholders to review their available credit prior to purchasing.”Amy Renshaw, vice president/account management-Retail Services said. Credit kiosks enhance customer and merchant satisfaction according […]

Florida Governor Jeb Bush said “With the addition of HSBC we can now claim the best non-depository financial services firms in the industry, and we welcome the HSBC announcement as a strong sign of support for Florida’s business climate.”

HSBC - North America comprises all of HSBC’s U. S. and Canadian businesses, including those of […]

“We want to welcome the expansion of HSBC Mortgage Services and are pleased by the new job opportunities for our community’s citizens that will result,” said Jim Norman, chairman of the Hillsborough County Board of Commissioners. “It is our corporate partners like this firm, coupled with our economic development efforts, that keep our economy strong.” […]

Submitted by a Guest (does one remember the eviction of 89 year old Madie Wilson?):
“Beneficial Finance Company is still sending out “live checks”. My mom got a check from them last week! The check was in the amount of $7,000.00 dollars. There was also a letter about refinancing her home. I told my mom […]

May 22, 2005 - HSBC has just published a global study, The Future of Retirement, which found that many people no longer viewed retirement as the end of their working lives and the beginning of a period of leisure and relaxation. Instead, most hoped to continue work in some form or other — what they […]

One lawsuit that is still active against H&R Block and HSBC (formerly predatory lender Household International) was filed in 1998 by a New York plaintiff, Lynne Carnegie, who claimed she paid $110 for a nine-day advance on a $500 refund.

“Predatory lending is clearly defined by this case” said watchdog organization Household - HSBC Watch. […]

William Aldinger leaves HSBC Bank for retirement, taking approximately $36 Million (USD) for three years of “work.” But as legacies go Aldinger shall forever remain famous in the field of predatory lending. His children will constantly hear the reminders of the elderly like Mr Myers. Myers, 66, was left owing a third more […]

HSBC Holdings has targeted California and Florida as markets for deeper penetration in connection with its plans for U.S. expansion. CEO Stephen Green noted in the interview that HSBC doesn’t need to make acquisitions to achieve its U.S. expansion goals. The London-based banking giant spent $15 billion to acquire Household International in 2003, giving HSBC […]