Household HSBC Watch

Back on the 19th of July Lehman Brothers rejected suggestions that they are exposed to subprime problems. Another notably silent voice, other than quarterly and semi-annual results, is HSBC. Analysts at Household - HSBC Watch say the silence might say more than one realizes. Are we to assume HSBC cut Lehman […]

On May 30, New York Attorney General Andrew Cuomo announced a settlement in which HSBC will pay $850,000 in civil penalties and reimburse the state of New York about $68,000 for costs associated with the cleanup of a contaminated industrial site in eastern New York.

It is one of the nation’s first Superfund cases against a […]

NEW YORK — The National Association of Securities Dealers said it fined a U.S. brokerage unit of HSBC Holdings PLC $250,000 for failing to have adequate systems in place to supervise trading of government securities.

The firm, HSBC Brokerage, also failed to ensure that its customers wouldn’t be harmed by its routing orders to HSBC Securities, […]

H&R Block, Inc. has been accused of securities fraud. If you are a member of any of their investment plans or profit sharing retirement plans and purchased or held the Company’s stock in one of those plans during the periods January 31, 2005 to March 14, 2006, you may have a claim.

Block is HSBC’s […]

A subsidiary of H&R Block Inc. said Tuesday it has agreed to pay $500,000 in fines to settle charges that two former brokers helped a hedge fund engage in improper trading practices.
The National Association of Securities Dealers, the brokerage industry’s self-policing organization, also required the investment division of the world’s largest tax preparer to pay […]