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We are not sure how this will reflect on HSBC and their big push for Islamic banking but it is nice to see HSBC is also a correspondent bank for Israel. In France big problems for Societe Generale continue, but HSBC is interested in the bank. Perhaps HSBC will try to buy their […]
February 6th, 2008 | Posted in 2007 HSBC | No Comments
We said for months that the UK is a bellweather for the United States. That is why this piece of logic is disturbing. UK consumer confidence stabilized this month after falling to a 12-year low during the crucial Christmas shopping period in December, figures showed today. Karen Ward, economist at HSBC, said […]
January 31st, 2008 | Posted in 2007 HSBC | No Comments
Consider the direction taken by Wells Fargo which insulated Wells from the current subprime mess. Now consider the position of HSBC Plc, and specifically HSBC Finance. Consider, if you will, the people facing uncertainty and rumors of layoffs. HSBC Plc failed the employees of HSBC Finance and former Household International employees. […]
November 16th, 2007 | Posted in 2007 HSBC | 4 Comments
Forget old-fashioned occupations and sit-ins: student protest has gone “viral”. Online networking phenomenon Facebook has emerged as the venue for a rapidly proliferating campaign that has already brought in thousands of recent graduates. It’s called “Stop the Great HSBC Graduate Rip-Off!”
We recommend adding Jaxtr to your Facebook account. With Jaxtr you can add a […]
August 25th, 2007 | Posted in 2007 HSBC | No Comments
Reporter John Stark of the Bellingham Herald has been monitoring Household International and HSBC almost as long as we have here at Household - HSBC Watch. A consumate professional, we’ve talked with Mr. Stark from time to time over the years. That’s why an article published this morning in the Bellingham Herald […]
August 19th, 2007 | Posted in 2007 HSBC | No Comments
In Sri Lanka HSBC credit card customers are far ahead of those in the United States. When one reads our “Live Complaints” section you see that Americans who have store credit cards cannot pay their bill at the store. A store credit card is, for instance, a Best Buy or Menards or Costco […]
July 14th, 2007 | Posted in 2007 HSBC | No Comments
HSBC Group’s Australia account holders are outraged that the bank didn’t bother to contact a single customer in the wake of a serious security breach new which exposed banking details, names and home addresses, as well as other financial information.
Customers labelled the bank’s handling of the breach a “disgrace” accusing HSBC of favoring commercial interests […]
April 20th, 2007 | Posted in 2007 HSBC | No Comments
AT&T Corp. said Thursday it will unleash the biggest ad campaign in the company’s 120-year history to strengthen its famous brand name. The old Ma Bell was recently acquired by SBC Communications Inc. in a $16 billion deal. SBC, itself once part of the old AT&T, then took on the AT&T name. The […]
December 29th, 2005 | Posted in 05 Aldinger, 05 All Articles, 05 Research | 1 Comment
With only eleven replies but 6300 page views our forum topic titled “Duped and Deceived by Household” is one of the main stories peole read when visiting Household - HSBC Watch. The complete thread includes complaints from customers, a weak defense by an employee of the company, and input from former employees of Household […]
September 1st, 2005 | Posted in 05 Insider, 05 All Articles, 05 How It Works | No Comments
Brokerage services are offered by HSBC Brokerage (USA), Inc., member NASD/SIPC, a wholly-owned subsidiary of HSBC Markets (USA) Inc. and an indirectly wholly-owned subsidiary of HSBC Holdings plc
“We are reluctant to put this in our “How it works” category since it sounds like a sham. As an indirectly wholly-owned subsidiary, but of what? […]
August 14th, 2005 | Posted in 05 Regulators, 05 All Articles, 05 HSBC Holdings, 05 How It Works | No Comments