Once again HSBC attracts attention somewhere while trying to get away with something. This time it is not in the Unted States, where HSBC Finance seems to attract more attention than the rest of HSBC around the world put together. GRTU is accusing HSBC and BOV of “abusing their dominant market position and […]
Look for signs of consolidation and streamlining as HSBC possibly looks to clean up their United States image by unloading predatory lender Household International, now called HSBC Finance Corporation. The North American division accounted for almost two-thirds of HSBC’s $10.6 billion in loan-loss provisions for 2006. HSBC earned $4.7 billion before tax in North America […]
HSBC is constantly expanding around the globe and they are possibly looking at Viet Nam next. Meanwhile, in the United States, HSBC seeks to expand into California and Florida. US veterans are not impressed. Referencing Viet Nam, veterans say servicemembers missing in action since the Viet Nam war are still not […]
Best Buy credit backed by predatory lender Household International
Consumer lender Household International manages the Best Buy credit card.Household Watch consumer advocates reports alarming trends discovered by Best Buy credit customers. In an ongoing investigation forwarded to U.S. regulators Household Watch discovered that the problems are not limited to Best Buy, and are driven by […]
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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.
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