HSBC Complaints 2007 – Interactive

As we continue to monitor HSBC 2007 promises to be a banner year. We created a new interactive section where we will post your HSBC complaints. Interactive because you participate. Comment on any issue. The new section is here, at http://hsbcwatch.com/hsbcw/news/ For bloggers the RSS feed of the new section is http://feeds.feedburner.com/HsbcWatchInteractive The new section, …

Mexico ministry to probe former finance minister's HSBC board post

MEXICO CITY (MarketWatch) — The Mexican Ministry of Public Functions said Tuesday it will look into complaints of conflict of interest against a former finance minister, who was appointed this month as an independent director on the board of U.K.-based banking group HSBC Holdings PLC (HBC). Francisco Gil Diaz, who was finance minister from 2000 …

HSBC Australian unit sells US$1.7b assets

The Australian unit of HSBC Holdings (0005) will sell its broker-originated mortgage portfolio valued at US$1.75 billion (HK$13.65 billion) to FirstMac, a leading Australian residential mortgage provider. The portfolio consists of 10,000 customer accounts distributed through brokers in Australia. HSBC Bank Australia will retain the majority of its non-broker originated mortgage portfolio, valued at US$5.8 …