Compare HSBC M&S Money to HSBC Finance credit cards

This item is categorized as a “Did You Know” feature. Did you know M&S Money has an executive committee comprising an equal number of representatives from HSBC and Marks & Spencer? That is true, and is because In November 2004, Marks & Spencer sold M&S Money to HSBC. At this time HSBC has not incorporated …

Household Life Insurance as part of HSBC Finance

We are not interested in ratings by A.M. Best. What we are interested in is Household Life, who owns it, and how many holding companies one must go through. Household Life is one of the last remaining reflections of Household International, owned by HSBC since 1993. A.M. Best Co. has affirmed the financial strength rating …

HSBC and Deutsche Bank align once again

Bloomberg recently said “Deutsche Bank AG Chief Executive Officer Josef Ackermann and HSBC Holdings Plc Chairman Stephen Green are among bankers with a new ally in their tug of war with politicians over stricter rules: Europe’s sovereign-debt crisis.” Lets look at these two banks in America. HSBC was one of the top ten subprime lenders, …