In February 2008 Niall Booker became Chief Executive Officer of HSBC Finance Corporation. He will also succeed Brendan McDonagh as Chief Operating Officer of HSBC North America. In March 2007 HSBC Holdings appointed experienced and long-serving banker Niall Booker as chief operating officer, according to a company statement. Is Booker experienced in consumer […]
Rep. Brad Miller, who—along with a handful of other Democrats—is urging the mortgage industry to delay certain foreclosures until the FHA’s “Help for Homeowners” gets going. The program is a key component of the new housing legislation and is intended to help struggling barrowers stay in their homes. Brad Miller contacted HSBC Finance. […]
We know that some people subscribe to this HSBC news feed and do not read the customer complaints. Every now and then we receive a report that is so blatantly stupid that it angers the person that submitted it, our staff, and our readers. We also know that Kinght Vinke comments on HSBC […]
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. […]
As those of us here at Household - HSBC Watch predicted years ago Representative Bob Ney of Ohio has finally fallen from grace. Rep. Robert Ney (R-OH) accepted thousands of dollars in gambling chips from a businessman who wanted help selling U.S. airplane parts to prohibited countries.
That charge is one of […]
A friend of predatory lender Household International and HSBC Representative Bob Ney, an Ohio Republican entangled in the corruption scandal centered on the former lobbyist Jack Abramoff, announced Monday that he would abandon his bid for re-election. The Justice Department has signaled for months that criminal charges against Mr. Ney, and possibly other […]
It pays - immensely - to enact state restrictions on America’s booming subprime mortgage industry, the Center for Responsible Lending reported. Consumers with marred credit or tight finances still get home loans easily and usually for a lower price when states govern subprime loans, researchers at the Durham, N.C.-based consumer advocacy group found.
Unfortunately Household International […]
WASHINGTON Jan 15, 2006 — Rep. Bob Ney, an Ohio Republican implicated in a lobbying corruption investigation, said Sunday he will step aside temporarily as chairman of the House Administration Committee. “Unfortunately it has become clear to me in recent days that the false allegations made against me have become a distraction to […]
In the U.S., HSBC was the bank with the second highest lobbying budget, according to the Public Eye’s LobbyWatch database, moving up from $2,670,000 in 2003 to $4,150,000 in 2004 — despite HSBC’s claims not to buy its way into the political process.
Consumer advocates at Household - HSBC Watch strongly suggest addressing your complaint […]
Tuesday’s guilty pleas by former Washington, D.C. lobbyist Jack Abramoff on charges of conspiracy, fraud and tax evasion have a local link. The public official in potentially the hottest water as a result is U.S. Rep. Bob Ney, R-Heath, whose multi-county 18th House District includes Glouster, Nelsonville and other parts of northwest Athens County.
Ney is […]
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