Forget subprime – HSBC USA wants globally minded customers

HSBC Bank USA, N.A. today confirmed the appointment of seven experienced bankers to reinforce its expanding Premier business in Washington D.C. Clearly this is a step HSBC can take with or without Household International and HSBC Finance. HSBC’s premium international financial management service is tailored to individual needs while providing globally minded customers with access …

HSBC cautioned in New Zealand

The New Zealand Commerce Commission has warned state-owned lender Kiwibank and HSBC over the fees they charge customers for repaying mortgages early. The regulator completed an investigation into the fees after “a range of complaints from bank customers” following sharp declines in interest rates in late 2008 and early 2009. Kiwibank and HSBC were warned …