HSBC Securities Services is known to be Lehman’s trustee across multiple jurisdictions, said Asian Investor. “The current crisis will no doubt put its trustee function to its most strenuous test to date. After multiple calls to various business heads of the group, no one has been able to respond to AsianInvestor’s question on what […]
HSBC’s Guyerzeller unit will lose its name and will be known as HSBC Private Bank (Suisse) SA, which is already the name of a second unit. The two units currently employ 2,000 people and have assets under management of CHF 190 billion. When HSBC contemplated buying UBS and others, somebody probably pointed out that […]
No doubt HSBC is interested in buying Lehman Brothers. Remember the iPhone mis-information? While the Australian MIS officer said HSBC could replace Blackberrys with iPhones, London said the opposite. Regarding the Lehman deal the opposite strategy is perhaps true. No word from London, while the HSBC Asia chief executive officer speaks […]
We received this report today. That is all we are going to say about the origin.
“I am unfortunately a current employee of HSBC working in the HFC division. Let me say that I apologize to all of you out there that have unknowingly fallen into the hands of this evil company. As […]
The following is reprinted with permission. We thank Peter for keeping us updated. If you think you know your bank, or if you bank at HSBC you need to read this article. I personally think this is the business model HSBC Finance would adopt in the United States if it was legal. […]
More U.S. banks may fail after the collapse of mortgage lender IndyMac Bancorp Inc, straining a financial system seeking stability after years of lending excesses. More than 300 banks could fail in the next three years, said RBC Capital Markets analyst Gerard Cassidy, who had in February estimated no more than 150. Face […]
A tenacious reader of our website, and an angry mortgage customer of HSBC sent some good advice. This gentleman is a planner, and he organizes meetings to get the desired results. It is very true that HSBC Finance does not know where a telephone call is coming from. The HSBC guidebook says […]
Where will HSBC Finance be, and their customers, as the economy deteriorates? Does HSBC have any hope for homeowners in the North and Northeast as oil prices skyrocket? In Nymex trading on June 27th, heating oil futures rose 0.71 cent to $3.8905 a gallon while gasoline prices lost 0.68 cent to $3.5045 a […]
Several HSBC websites are subject to scripting flaws that create a possible mechanism for crooks to create more convincing phishing scams. Security blog xssed.com has posted a list of affected domains, which include HSBC sites in multiple territories including the UK. Xssed has been tracking problems on the bank’s sites since last year. The […]
HSBC Plc sees Islamic finance as a profit center, pushing Amanah in metropolitan areas around the world. Let there be no doubt that HSBC is catering to potential customers around the world, not just in the Middle East. The problem, as we see it, is HSBC may get caught in the middle if […]
Call somebody about this, anywhere in the world, for FREE
An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
We are not associated with HSBC, Household International, or their merchants.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.