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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 […]

Public outcry as HSBC abuses soldier in Iraq

When a person is stationed in Iraq, calls HSBC from Iraq, and receives their mail in Iraq, but HSBC will not wake up and do the right thing. That is the case, however, and HSBC Finance seems to think their “pay for performance” bonuses are more important than following the law. One soldier […]

Busted — HSBC never knows where the call is coming from

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 […]

Indian employee clarifies HSBC Auto frustration

Going through all the complaints on the website fills me with despair. I am an Indian citizen and an employee of the auto finance department. For years I have been working with the customers based in the US. Prior to joining this business I was in sales although the customer base was same. But I […]

Bought a home in the 90’s and owe as much today as then

With regard to homeowners in trouble I can see congress saying “no bailout” to everyone, or having a very narrow definition of who gets any help, such as those who were victims of fraud. Unless the buyer can show fraud on the part of the financial institution, the courts have no authority to change […]

Cerberus and HSBC Finance Corporation

Cerberus Capital Management LP is one of the largest private equity investment firms in USA. Cerberus Capital Management LP bought 80-percent of Chrysler Group for 7.4-billion dollars. The deal unwinds a 1998 merger. DaimlerChrysler will change its name to Daimler AG. Chrysler will become Chrysler Holding LLC. Under the deal, Daimler will […]

Bounce Protection Costs Extremely High

Consumer advocates estimate that even without counting daily fees, bounce protection costs five times more than using a line of credit, and four times more than a pre-arranged transfer from savings. And if banks were required to disclose the fees as an annual percentage rate of interest on the amount of an overdraft, their figures […]

Bank with us or Pay More Says HSBC Threat

Becky Barrow, Daily Mail, 19 December 2005
BRITAIN’S biggest bank has slapped a ban on rival customers at peak times. HSBC has put up signs in its 1,500 branches warning that other account holders will not be served between 11am and 2pm.

It insisted yesterday that the unprecedented move was meant only to improve the service […]

HSBC Receives Thousands of Virus Attacks Daily

Leading high-street bank HSBC has admitted it is deluged by virus attacks and often detects tens of thousands of viruses a day. The National Hi-Tech Crime Unit (NHTCU) claims companies receive an average of seven viruses a day but, speaking at the e-Crime Congress in London, HSBC’s group COO Alan Jebson said that the […]

Legally record your calls

This is used in many states without legally notifying the other party that you are recording the conversation.