Aldinger's Photo Removed From HSBC PAC Site

A recent visit to Household International’s political action website at www.hihsbcgr.com shows that William F. (Bill) Aldinger’s photograph no longer greets web visitors. Still bearing the HI name, this part of HSBC was, and still is, in violation of HSBC corporate policy according to Sir John Bond. In fact Bond said HSBC does not have …

Siddharth N. (Bobby) Mehta

See the latest about Bobby and TransUnion The new Vice Chairman and CEO of HSBC North America Holdings and HSBC Finance Corporation is Siddharth N. (Bobby) Mehta. He replaces William F. (Bill) Aldinger who departed in April 2005. Some sources say Aldinger was forced into early retirement by former HSBC Plc Chairman John Bond. Bond …

When will law enforcement stop HSBC Madness

Complaints continue to pour in at Household – HSBC Watch regarding HSBC’s predatory lending facility HSBC Finance Corporation. Formerly known as troubled predatory lender Household International, customers of this HSBC subsidiary report the following problems daily, and in mass: 1. Not receiving statements 2. Unable to pay online 3. Payments applied late 4. Unwarranted late …

Alkesh Shah Heads HSBC Technology Sector Research

HSBC Securities (USA) Inc., a unit of HSBC Plc said Alkesh Shah joined as managing director responsible for research coverage of the technology sector. Based in New York, he reports to Graham Copley, head of research for the Americas. HSBC USA also owns former predatory lender Household International. US consumer advocate organization Household – HSBC …

Authorities Clamp Down on HSBC Finance Corporation

In an attempt to reduce complaints, abuses, and non-compliance issues authorities and regulators are certain to have an impact on future profits at HSBC Finance Corporation, which is the new name of former troubled predatory lender Household International. New OCC regulations go into effect on April 8, 2005, which address predatory mortgages and compliance issues. …