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A report from our Live Help team shows visitors from all over the world read about the 31-year HFC employee dismissed by HSBC without retirement. ( see it here ) In fact, the report was read by HSBC in London and Hong Kong. If you recall the woman was seventeen days away [...]
Knight Vinke, the high-profile shareholder activist group, has told HSBC that it “has an issue with its strategy” and has held talks with the global banking group’s finance director about a complete review of the bank’s direction. The activist shareholder, which has secured the support of Calpers, the Californian state pension fund, is [...]
We have many questions lately about an article we ran a few days ago. According to insiders there have been layoffs at two HSBC locations. Reports are still unconfirmed, thus you should consider this to be rumor or speculation until we see it in the news. Here is what we were told [...]
Reporter John Stark of the Bellingham Herald has been monitoring Household International and HSBC almost as long as we have here at Household – HSBC Watch. A consumate professional, we’ve talked with Mr. Stark from time to time over the years. That’s why an article published this morning in the Bellingham Herald [...]
It was inevitable and we talked about it since 2002. HSBC bought predatory lender Household International in late 2002 and finalized the purchase in early 2003. Name liability and associating HSBC’s name and reputation with shady lender Household International was not wise. Ignoring the obvious, HSBC started to become associated with income [...]
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