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. […]
It has been published elsewhere but we must add this HSBC article: An HSBC clerk who attempted to steal £72m while working in the bank’s Canary Wharf headquarters has been sentenced to nine years in prison for conspiracy to defraud and money laundering. Jagmeet Channa had sent €60m (£47.7m) to one of Société […]
What HSBC refuses to reveal now be in the hands of the U.S. government.
WASHINGTON — The U.S. government gained sweeping access to international banking records as part of a secret program to choke off financial support for terrorism, officials said Thursday. Treasury Department officials said they used broad subpoenas to collect the […]
In reading this section which originated from HSBC - HSBC Bank USA (”HBUS”) - regarding money laundering and their refusal to provide information, remember that HSBC wants to overturn state and local laws in favor of federal laws.
“Regarding an investigation into certain wire transfers made through Riggs National Bank… HBUS did receive from Riggs […]
Senators in Actress Jane Fonda’s home state of Georgia voted 38-1 against a resolution praising Fonda for charity donations and work to combat teenage pregnancy. Many in the US still see her as a traitor after a trip to the North Vietnamese capital, Hanoi, in 1972. Republican Senator John Douglas said Fonda, who picked […]
A look at some of the high-profile corporate scandals of recent years and the status of legal action in each.
QWEST COMMUNICATIONS INTERNATIONAL INC. _ Former Qwest CEO Joseph Nacchio is indicted Tuesday on 42 counts of insider trading accusing him of illegally selling off $101 million in stock. In July, Robin Szeliga, former CFO, pleaded […]
KANSAS CITY, Mo.–(BUSINESS WIRE)–Nov. 17, 2005–H&R Block Inc. (NYSE:HRB) today reported a net loss of $72.2 million, or 22 cents per share, for the second quarter of fiscal 2006 compared with a loss of $49.9 million, or 15 cents per share, in the year-ago quarter. Revenues in the quarter rose 14 percent to $620.4 million […]
By Michael Casey, ASSOCIATED PRESS, 8:19 a.m. June 27, 2005 - CALANG, Indonesia –
Mike Gray spends most days as Rolls-Royce’s regional director selling jet engines to the Indonesian military or compression systems to oil companies across the country’s vast archipelago. But since the tsunami, the 54-year-old Briton with a boyish face has assumed […]
Another interesting fact - although HSBC gave £1m towards the Tsaunami appeal they were still charging UK (and elsewhere?) relatives £25 a transaction to wire money out to affected relatives right up and till a memo went out to branch staff on January 14th, 2005 to stop the practice following a customer complaint.
US-based consumer […]
NEW YORK–(BUSINESS WIRE)–Feb. 8, 2005–
HSBC Bank USA, N.A. Branches to Cash Tax Refund Anticipation Loan Checks at No Charge. Refund Anticipation Loan Customers Will Also Be Encouraged to Open Free Checking Accounts at Its Branches
A free check cashing offer is now being extended to all refund anticipation loan […]
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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.
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.
