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HSBC feeling pain as more homeowners default in U.S

WASHINGTON - HSBC Holdings PLC, the world’s third-largest bank, said yesterday it will be hurt by its exposure to controversial mortgages that helped spark the U.S. housing boom, but which are now coming up for renewal.

The London-based bank is expected to be the first in a long list of major residential mortgage lenders in the […]

HSBC Pitch to NYSE “Seriously Flawed”, Hostile

NYSE Chairman Marshall Carter, along with the rest of the NYSE board, its Chief Executive John Thain and several Goldman Sachs (nyse: GS - news - people ) bankers are slated to testify regarding the New York Stock Exchange merger and its restructuring.

Carter said in an Oct. 12 deposition that Citibank contacted the NYSE on […]

TESTIMONY OF ELIOT SPITZER REGARDING THE OCC

TESTIMONY OF
ELIOT SPITZER
NEW YORK ATTORNEY GENERAL
BEFORE THE ASSEMBLY STANDING COMMITTEE ON BANKS
REGARDING THE
OFFICE OF THE COMPTROLLER OF THE CURRENCY’S
PREEMPTION OF STATE CONSUMER PROTECTION LAWS

New York, New York
April 16, 2004
Good morning.
I want to thank Chairwoman Nolan and the other members of the Banking Committee for convening this hearing on a topic that is […]